⛔️ Falling Wedge Pattern: • The descending triangle you mentioned can also be interpreted as a falling wedge, which is a bullish reversal pattern. A falling wedge indicates that the price is likely to break out to the upside. 2. Pivot Points: • The chart shows several pivot points that can act as future resistance levels in case of a bullish breakout. The key levels to watch are around 2.382 (R1), 2.700 (0.5), and higher. 3. Indicators: • MACD: While the MACD is currently bearish, a crossover above the signal line could signal a bullish reversal. • Volume: If there’s an increase in volume on the breakout from the falling wedge, it would confirm the bullish momentum. 4. Price Action: • The price is currently hovering around 1.916 USDT, close to the lower boundary of the wedge. A breakout above the upper boundary of the wedge with strong volume would be a bullish signal. 5. Potential Scenarios: • Bullish Breakout: If the price breaks out above the upper boundary of the falling wedge, it could target resistance levels at 2.382 (R1), 2.700 (0.5), and higher pivot points. • Confirmation: Traders should look for a close above the wedge and increased buying volume as confirmation of the breakout. $BTC $SOL $HIGH #TraderAlert #CryptoTradingGuide
While some were selling their assets during the recent market plunge because of fear, on the other hand, around 12,800 $BTC were sent to accumulation addresses in the last 24 hours, worth around $850 million!
The market will always shake paper hands and make retailers believe it's over. 💎💎💎
$FRONT Enter current price me personally I open with 15x so is up to u guys First target $1.05 Second $1.15 Third $1.25 #FRONTUSDT #Memecoins #bitcoin $BTC $SOL
$BOME U guys should understand something meme coins can’t be hold especially during this market Trade uptrend take profits and leave If u want make money trade uptrend only #BullorBear #Memecoins #BinanceLaunchpool #BOME
Definition of Triple Bottom: A triple bottom is a bullish reversal pattern characterized by three consecutive troughs at approximately the same price level on a price chart. It signifies a strong support level where the price has failed to break lower on three separate occasions, indicating potential exhaustion of selling pressure and a possible trend reversal from bearish to bullish.
Golden rules some noobs need to hear. 1./dips are healthy for any market, especially cryptocurrency. If prices kept going up, the market would be unsustainable and crash extremely hard. 2. During a correction, dollar cost averaging is your best friend. If you threw all your money in at once, you messed up. Having extra capital to buy any dip or correction increases your portfolio position. This is how people end up owning large quantities of coins with a solid average buy-in price. Invest small sums as it goes down, just as before, do not throw it all in at once on the way down. 3. This one is obvious but some people still don’t understand: DO NOT INVEST MORE MONEY THAN YOU ARE WILLING TO LOSE. Period. 4. If you have a 20%~500% gain on an investment and it falls 5%~50%... pound your chest like Matthew McConaughey in The Wolf of Wallstreet and s-uck it up buttercup, you’re probably still winning. #HotTrends #BTC #TradeSuccess #SHIBA🔥 #BOME $BTC $ETH $SOL
$BOME this just small pump guys don’t be a fool take a look at volume !! Big pump is coming my personal view that will pump against Btc ! #HotTrends #BOME #SHIBA🔥 #BTC