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Bitcoin Technical Analysis & Crypto Education Set Handbook
Who wants to get this education set ? 💗💲
Here you can check ; )
Table of Contents:
Introduction to Crypto Trading
What is Cryptocurrency?
Overview of Bitcoin and Major Cryptocurrencies
Why Crypto Trading?
The Basics of Blockchain Technology
Getting Started with Crypto Trading
How to Set Up Accounts on Crypto Exchanges (Binance, Coinbase, etc.)
Introduction to Wallets: Hot Wallets vs Cold Wallets
How to Deposit and Withdraw Cryptocurrencies
Understanding the Crypto Market Structure
The Different Types of Crypto Trading: Spot, Futures, and Margin
The Fundamentals of Bitcoin
What is Bitcoin?
Bitcoin’s History and Importance in the Crypto Market
How Bitcoin Works: Mining, Consensus Mechanism, and Blockchain
Understanding Bitcoin's Volatility and Why It Moves
Technical Analysis Overview
What is Technical Analysis (TA)?
Why Technical Analysis Matters in Crypto Trading
Key Assumptions in Technical Analysis: History Repeats Itself, Price Discounts Everything, Price Moves in Trends
The Tools of Technical Analysis
Section 1: Chart Analysis and Market Trends
Types of Charts and How to Use Them
Candlestick Charts: Introduction to Candlesticks, Understanding Open, Close, High, Low Prices
Line Charts: When and How to Use Line Charts
Bar Charts: Differences from Candlestick Charts
Understanding Chart Patterns
Bullish Patterns: Cup & Handle, Double Bottom, Head & Shoulders (Inverse)
Bearish Patterns: Double Top, Head & Shoulders
Continuation Patterns: Triangles, Flags, Pennants
Reversal Patterns: Morning Star, Evening Star, Engulfing Patterns
Market Trends and Phases
Types of Market Trends: Bullish, Bearish, Sideways
Understanding Market Cycles: Accumulation, Mark-Up, Distribution, Mark-Down
Identifying Trend Reversals: How to Spot Trends Before They Break
Section 2: Key Technical Indicators & Tools
Support and Resistance Levels
Understanding Support and Resistance
How to Draw Support and Resistance Lines on Charts
Role of Psychological Levels
Moving Averages
Simple Moving Average (SMA) vs Exponential Moving Average (EMA)
How to Use Moving Averages in Trade Strategy
Golden Cross and Death Cross
Relative Strength Index (RSI)
Understanding RSI and Overbought/Oversold Conditions
How to Interpret RSI Divergence
Using RSI to Predict Reversals
MACD (Moving Average Convergence Divergence)
How MACD Helps Identify Trend Strength
Understanding MACD Crossovers
Signal Line and Histogram: Interpreting MACD
Bollinger Bands
Understanding Volatility and Bollinger Bands
How to Use Bollinger Bands for Entry and Exit Signals
Using Bollinger Bands for Breakout/Breakdown Trades
Volume Analysis
Volume and its Role in Confirming Trends
Volume Oscillator and On-Balance Volume (OBV)
Fibonacci Retracement
How to Use Fibonacci Levels to Predict Price Retracements
Applying Fibonacci in Bitcoin and Altcoin Markets
Section 3: Advanced Trading Techniques
Swing Trading
What is Swing Trading?
Identifying Entry and Exit Points for Swing Trades
How to Use Technical Indicators for Swing Trading
Managing Risk with Swing Trades
Scalping
Introduction to Scalping and Timeframes
Techniques for Profitable Scalping in Crypto
Risk and Reward in Scalping
Day Trading vs Long-Term Investing
Understanding the Differences Between Day Trading and HODLing
Building a Day Trading Strategy
When to Shift Between Short-Term and Long-Term Trading
Using Leverage (Margin & Futures Trading)
What is Leverage and How to Use it Safely
Risks and Rewards of Margin and Futures Trading
How to Manage Leverage to Avoid Liquidation
Section 4: Risk Management and Psychology of Trading
Understanding Risk Management
The Importance of Risk-to-Reward Ratio
Position Sizing and Portfolio Diversification
Setting Stop-Loss and Take-Profit Orders
Why You Should Never Risk More Than You Can Afford to Lose
The Psychology of Trading
Managing Emotions: Fear, Greed, and FOMO
Developing Discipline and Patience
Sticking to Your Trading Plan
Avoiding Impulse Decisions and Revenge Trading
Common Trading Mistakes and How to Avoid Them
Overtrading, Undertrading, and Overleveraging
Ignoring Stop Losses and Not Managing Risks
Chasing Losses or Gains in FOMO
Lack of Consistency and Not Following a Trading Strategy
Section 5: Real-World Crypto Trading Strategies
Combining Technical Analysis with Fundamental Analysis
Understanding How News, Events, and Sentiment Impact Crypto Markets
Integrating Fundamental Data into Your Trading Strategy
Developing Your Own Trading Strategy
How to Test Your Trading Strategy
Backtesting and Forward Testing Strategies
When to Adapt or Change Your Strategy Based on Market Conditions
Leveraging Binance for Advanced Trading
Overview of Binance Trading Features (Spot, Futures, Margin)
How to Use Binance’s Advanced Charting Tools
Trading with Binance’s API for Automation
Section 6: Building a Sustainable Crypto Portfolio
Long-Term vs Short-Term Crypto Investments
HODLing Bitcoin and Other Cryptos for the Long-Term
Diversifying Across Different Cryptos for Stability
How to Identify Strong Cryptos for Long-Term Investment
Automating Your Investments
Using Dollar-Cost Averaging (DCA) for Crypto Investments
Automated Trading Bots and Tools for Crypto Investors
Appendix: Resources & Tools
Crypto Terminology Glossary: Definitions of common terms in the crypto space.
Useful Trading Tools and Platforms: Recommended charting tools, news sources, and trading platforms.
Further Learning Resources: Books, blogs, and YouTube channels for advanced trading knowledge.
Why Choose This Education Set?
✨ Comprehensive Curriculum: From beginner to advanced, this set covers everything you need to become a proficient crypto trader.
✨ Actionable Insights: Every lesson is designed to be practical, focusing on real-world trading scenarios that you can apply immediately.
✨ Learn at Your Own Pace: Lifetime access means you can learn whenever you want, wherever you are, and revisit material as often as you need.
✨ Exclusive Support: Get access to live Q&A sessions, weekly updates, and ongoing support through a dedicated community platform.
Like and dm me for more details 🍃
#BinanceAcademy #crypto #educational_post $BTC
Here you can check ; )
Table of Contents:
Introduction to Crypto Trading
What is Cryptocurrency?
Overview of Bitcoin and Major Cryptocurrencies
Why Crypto Trading?
The Basics of Blockchain Technology
Getting Started with Crypto Trading
How to Set Up Accounts on Crypto Exchanges (Binance, Coinbase, etc.)
Introduction to Wallets: Hot Wallets vs Cold Wallets
How to Deposit and Withdraw Cryptocurrencies
Understanding the Crypto Market Structure
The Different Types of Crypto Trading: Spot, Futures, and Margin
The Fundamentals of Bitcoin
What is Bitcoin?
Bitcoin’s History and Importance in the Crypto Market
How Bitcoin Works: Mining, Consensus Mechanism, and Blockchain
Understanding Bitcoin's Volatility and Why It Moves
Technical Analysis Overview
What is Technical Analysis (TA)?
Why Technical Analysis Matters in Crypto Trading
Key Assumptions in Technical Analysis: History Repeats Itself, Price Discounts Everything, Price Moves in Trends
The Tools of Technical Analysis
Section 1: Chart Analysis and Market Trends
Types of Charts and How to Use Them
Candlestick Charts: Introduction to Candlesticks, Understanding Open, Close, High, Low Prices
Line Charts: When and How to Use Line Charts
Bar Charts: Differences from Candlestick Charts
Understanding Chart Patterns
Bullish Patterns: Cup & Handle, Double Bottom, Head & Shoulders (Inverse)
Bearish Patterns: Double Top, Head & Shoulders
Continuation Patterns: Triangles, Flags, Pennants
Reversal Patterns: Morning Star, Evening Star, Engulfing Patterns
Market Trends and Phases
Types of Market Trends: Bullish, Bearish, Sideways
Understanding Market Cycles: Accumulation, Mark-Up, Distribution, Mark-Down
Identifying Trend Reversals: How to Spot Trends Before They Break
Section 2: Key Technical Indicators & Tools
Support and Resistance Levels
Understanding Support and Resistance
How to Draw Support and Resistance Lines on Charts
Role of Psychological Levels
Moving Averages
Simple Moving Average (SMA) vs Exponential Moving Average (EMA)
How to Use Moving Averages in Trade Strategy
Golden Cross and Death Cross
Relative Strength Index (RSI)
Understanding RSI and Overbought/Oversold Conditions
How to Interpret RSI Divergence
Using RSI to Predict Reversals
MACD (Moving Average Convergence Divergence)
How MACD Helps Identify Trend Strength
Understanding MACD Crossovers
Signal Line and Histogram: Interpreting MACD
Bollinger Bands
Understanding Volatility and Bollinger Bands
How to Use Bollinger Bands for Entry and Exit Signals
Using Bollinger Bands for Breakout/Breakdown Trades
Volume Analysis
Volume and its Role in Confirming Trends
Volume Oscillator and On-Balance Volume (OBV)
Fibonacci Retracement
How to Use Fibonacci Levels to Predict Price Retracements
Applying Fibonacci in Bitcoin and Altcoin Markets
Section 3: Advanced Trading Techniques
Swing Trading
What is Swing Trading?
Identifying Entry and Exit Points for Swing Trades
How to Use Technical Indicators for Swing Trading
Managing Risk with Swing Trades
Scalping
Introduction to Scalping and Timeframes
Techniques for Profitable Scalping in Crypto
Risk and Reward in Scalping
Day Trading vs Long-Term Investing
Understanding the Differences Between Day Trading and HODLing
Building a Day Trading Strategy
When to Shift Between Short-Term and Long-Term Trading
Using Leverage (Margin & Futures Trading)
What is Leverage and How to Use it Safely
Risks and Rewards of Margin and Futures Trading
How to Manage Leverage to Avoid Liquidation
Section 4: Risk Management and Psychology of Trading
Understanding Risk Management
The Importance of Risk-to-Reward Ratio
Position Sizing and Portfolio Diversification
Setting Stop-Loss and Take-Profit Orders
Why You Should Never Risk More Than You Can Afford to Lose
The Psychology of Trading
Managing Emotions: Fear, Greed, and FOMO
Developing Discipline and Patience
Sticking to Your Trading Plan
Avoiding Impulse Decisions and Revenge Trading
Common Trading Mistakes and How to Avoid Them
Overtrading, Undertrading, and Overleveraging
Ignoring Stop Losses and Not Managing Risks
Chasing Losses or Gains in FOMO
Lack of Consistency and Not Following a Trading Strategy
Section 5: Real-World Crypto Trading Strategies
Combining Technical Analysis with Fundamental Analysis
Understanding How News, Events, and Sentiment Impact Crypto Markets
Integrating Fundamental Data into Your Trading Strategy
Developing Your Own Trading Strategy
How to Test Your Trading Strategy
Backtesting and Forward Testing Strategies
When to Adapt or Change Your Strategy Based on Market Conditions
Leveraging Binance for Advanced Trading
Overview of Binance Trading Features (Spot, Futures, Margin)
How to Use Binance’s Advanced Charting Tools
Trading with Binance’s API for Automation
Section 6: Building a Sustainable Crypto Portfolio
Long-Term vs Short-Term Crypto Investments
HODLing Bitcoin and Other Cryptos for the Long-Term
Diversifying Across Different Cryptos for Stability
How to Identify Strong Cryptos for Long-Term Investment
Automating Your Investments
Using Dollar-Cost Averaging (DCA) for Crypto Investments
Automated Trading Bots and Tools for Crypto Investors
Appendix: Resources & Tools
Crypto Terminology Glossary: Definitions of common terms in the crypto space.
Useful Trading Tools and Platforms: Recommended charting tools, news sources, and trading platforms.
Further Learning Resources: Books, blogs, and YouTube channels for advanced trading knowledge.
Why Choose This Education Set?
✨ Comprehensive Curriculum: From beginner to advanced, this set covers everything you need to become a proficient crypto trader.
✨ Actionable Insights: Every lesson is designed to be practical, focusing on real-world trading scenarios that you can apply immediately.
✨ Learn at Your Own Pace: Lifetime access means you can learn whenever you want, wherever you are, and revisit material as often as you need.
✨ Exclusive Support: Get access to live Q&A sessions, weekly updates, and ongoing support through a dedicated community platform.
Like and dm me for more details 🍃
#BinanceAcademy #crypto #educational_post $BTC
Dragonrules:
That's amazing
Lesson#06
Invest in Portions:
What I have seen and experienced over the years is that people tend to invest all of their dollars in one go and lose their privilege of averaging out when the dips come in the market. I know sometimes the market looks very attractive, and you will think that this is the best time to have a full go at it and put all your money in one go. But after a very short time, you would realize that this was not the extreme dip, and the market started going down again. At that time, you would be short of funds because you would have already invested all your capital.
I will give you my own example. When $ETH was at $4000, I invested my whole capital into it. The market started going down; in fact, $ETH came down all the way to $2100. But unfortunately, I was not having any funds to average it out. So eventually, I had to wait for one complete year before Ethereum came to break even.
The lesson learned here is to never ever put your whole investment in one go. Always invest in portions so that you have the chance to average it out when the market goes down."
#ETH #educational_post
Invest in Portions:
What I have seen and experienced over the years is that people tend to invest all of their dollars in one go and lose their privilege of averaging out when the dips come in the market. I know sometimes the market looks very attractive, and you will think that this is the best time to have a full go at it and put all your money in one go. But after a very short time, you would realize that this was not the extreme dip, and the market started going down again. At that time, you would be short of funds because you would have already invested all your capital.
I will give you my own example. When $ETH was at $4000, I invested my whole capital into it. The market started going down; in fact, $ETH came down all the way to $2100. But unfortunately, I was not having any funds to average it out. So eventually, I had to wait for one complete year before Ethereum came to break even.
The lesson learned here is to never ever put your whole investment in one go. Always invest in portions so that you have the chance to average it out when the market goes down."
#ETH #educational_post
Educational Post
What is Transactions Per Second (TPS)?
In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.
The approximate average TPS of the Bitcoin blockchain is about 5 – though this may vary at times. Ethereum, in contrast, can handle roughly double that amount.
The development of technologies that increase the transaction rate of blockchains has been an important area of research over the years. These decentralized networks pose completely new challenges in terms of their ability to scale for increased demand.
This challenge isn’t purely about increasing TPS. Centralized databases are already capable of handling thousands of transactions each second. VISA, for example, handles around 1,500-2000 transactions each second. So why not just use these solutions? Well, the main problem is that Bitcoin, Ethereum, and other blockchains aim to compete with that while still maintaining a high degree of decentralization.
Decentralization comes at the cost of performance and security. So, these scalability solutions not only need to increase the performance of the network but, at the same time, also maintain all the other desirable properties of blockchain. Otherwise, blockchain isn’t really anything more than an inefficient database.
It’s important to note that if a blockchain has high TPS, it isn’t necessarily superior to other blockchains with lower TPS. Many blockchain projects boast about their high TPS numbers. However, it’s almost certain that such performance was achieved by sacrificing other important aspects of the network. For example, at any given moment, Bitcoin has thousands of nodes distributed across the globe running the Bitcoin software. A blockchain with only 10-20 nodes could easily outperform Bitcoin, but it could hardly be called decentralized or even distributed.
#educational_post #EducationalContent #Educational_Post✨ #educational
What is Transactions Per Second (TPS)?
In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.
The approximate average TPS of the Bitcoin blockchain is about 5 – though this may vary at times. Ethereum, in contrast, can handle roughly double that amount.
The development of technologies that increase the transaction rate of blockchains has been an important area of research over the years. These decentralized networks pose completely new challenges in terms of their ability to scale for increased demand.
This challenge isn’t purely about increasing TPS. Centralized databases are already capable of handling thousands of transactions each second. VISA, for example, handles around 1,500-2000 transactions each second. So why not just use these solutions? Well, the main problem is that Bitcoin, Ethereum, and other blockchains aim to compete with that while still maintaining a high degree of decentralization.
Decentralization comes at the cost of performance and security. So, these scalability solutions not only need to increase the performance of the network but, at the same time, also maintain all the other desirable properties of blockchain. Otherwise, blockchain isn’t really anything more than an inefficient database.
It’s important to note that if a blockchain has high TPS, it isn’t necessarily superior to other blockchains with lower TPS. Many blockchain projects boast about their high TPS numbers. However, it’s almost certain that such performance was achieved by sacrificing other important aspects of the network. For example, at any given moment, Bitcoin has thousands of nodes distributed across the globe running the Bitcoin software. A blockchain with only 10-20 nodes could easily outperform Bitcoin, but it could hardly be called decentralized or even distributed.
#educational_post #EducationalContent #Educational_Post✨ #educational
$RIF analysis:
Support Area: $0.097-$0.104
Resistance Area: $0.147-$0.162
Price is bounced from the trendline support area. You can open a long position near the support area. We may see a move towards the resistance area in the coming days.
note: dyor
#educational_post
#ReboundRally
Support Area: $0.097-$0.104
Resistance Area: $0.147-$0.162
Price is bounced from the trendline support area. You can open a long position near the support area. We may see a move towards the resistance area in the coming days.
note: dyor
#educational_post
#ReboundRally
🔥🔥Elevate Your Trading Skills with These 6 Proven Entry Strategies! 🚀📈
Struggling to nail the perfect market entry? These six game-changing methods can help you capitalize on price movements and secure consistent profits. Let’s explore how you can level up your trading game with these actionable techniques! 💡👇
1️⃣ Trendline Breaks and Reversals 🚀
Trendlines are a powerful tool for pinpointing market entry points:
Reversals: Look for price rebounding off a trendline to signal a potential continuation.
Breakouts: Wait for the price to break through a trendline to confirm direction.
Pro Tip: Monitor volume spikes alongside trendline movements for added confirmation. 📊
2️⃣ Mastering Support and Resistance Zones 🛑
Support and resistance levels reveal key price action behaviors:
Support: Enter long positions near levels where price repeatedly bounces.
Resistance: Open short positions near areas where price consistently struggles to rise.
Pro Tip: Refine entries using candlestick patterns like pin bars at these critical levels.
3️⃣ Fibonacci Retracements for Precision Entries 📐
Leverage Fibonacci levels (38%, 50%, 62%) during trends to spot pullbacks:
How to Use: Draw Fibonacci from a swing low to swing high (or vice versa).
Trade Setup: Enter once price retraces to a key Fibonacci level and resumes the trend.
Pro Tip: Combine Fibonacci with moving averages or trendlines to increase accuracy.
4️⃣ Breakout Trading in Consolidation Zones 📊
Identify sideways price action and seize opportunities when the market breaks out:
How to Trade: Wait for a breakout above resistance or below support, then enter with momentum.
Pro Tip: Look for volume surges during breakouts to validate their strength. 🔥
5️⃣ Trading Gaps: Signals You Can’t Ignore 📉📈
Different types of gaps can reveal key opportunities:
Breakaway Gap: Enter in the gap’s direction to ride new trends.
Runaway Gap: Confirms trend continuation—great for adding to existing positions.
Exhaustion Gap: Be cautious, as this often signals reversals.
Pro Tip: Combine gap analysis with volume data to identify high-probability setups.
6️⃣ Volume Climax and Trend Signals 📊
Pay attention to unusual volume spikes, often signaling potential trend reversals or continuations:
High volume at key support or resistance zones can indicate a reversal is imminent.
Pro Tip: Pair volume analysis with RSI to confirm overbought or oversold conditions.
---
Practical Tips to Enhance Your Execution 🚀
1. Combine Methods: Use two or more strategies together for stronger trade confirmation.
2. Backtest Thoroughly: Practice these techniques on historical charts to build confidence and identify what works best for you.
3. Risk Management First: Always set stop losses and maintain proper position sizing to safeguard your capital.
4. Understand Market Context: Differentiate between trending and ranging markets for optimal strategy application.
📌 Bookmark this guide and revisit it before your next trade! Which strategy is your go-to? Let’s discuss below! 🚀🔥
#6entrystatergy #MarketRebound #BinanceAlphaAlert #BTCNextMove #Write2Earn
1️⃣ Trendline Breaks and Reversals 🚀
Trendlines are a powerful tool for pinpointing market entry points:
Reversals: Look for price rebounding off a trendline to signal a potential continuation.
Breakouts: Wait for the price to break through a trendline to confirm direction.
Pro Tip: Monitor volume spikes alongside trendline movements for added confirmation. 📊
2️⃣ Mastering Support and Resistance Zones 🛑
Support and resistance levels reveal key price action behaviors:
Support: Enter long positions near levels where price repeatedly bounces.
Resistance: Open short positions near areas where price consistently struggles to rise.
Pro Tip: Refine entries using candlestick patterns like pin bars at these critical levels.
3️⃣ Fibonacci Retracements for Precision Entries 📐
Leverage Fibonacci levels (38%, 50%, 62%) during trends to spot pullbacks:
How to Use: Draw Fibonacci from a swing low to swing high (or vice versa).
Trade Setup: Enter once price retraces to a key Fibonacci level and resumes the trend.
Pro Tip: Combine Fibonacci with moving averages or trendlines to increase accuracy.
4️⃣ Breakout Trading in Consolidation Zones 📊
Identify sideways price action and seize opportunities when the market breaks out:
How to Trade: Wait for a breakout above resistance or below support, then enter with momentum.
Pro Tip: Look for volume surges during breakouts to validate their strength. 🔥
5️⃣ Trading Gaps: Signals You Can’t Ignore 📉📈
Different types of gaps can reveal key opportunities:
Breakaway Gap: Enter in the gap’s direction to ride new trends.
Runaway Gap: Confirms trend continuation—great for adding to existing positions.
Exhaustion Gap: Be cautious, as this often signals reversals.
Pro Tip: Combine gap analysis with volume data to identify high-probability setups.
6️⃣ Volume Climax and Trend Signals 📊
Pay attention to unusual volume spikes, often signaling potential trend reversals or continuations:
High volume at key support or resistance zones can indicate a reversal is imminent.
Pro Tip: Pair volume analysis with RSI to confirm overbought or oversold conditions.
---
Practical Tips to Enhance Your Execution 🚀
1. Combine Methods: Use two or more strategies together for stronger trade confirmation.
2. Backtest Thoroughly: Practice these techniques on historical charts to build confidence and identify what works best for you.
3. Risk Management First: Always set stop losses and maintain proper position sizing to safeguard your capital.
4. Understand Market Context: Differentiate between trending and ranging markets for optimal strategy application.
📌 Bookmark this guide and revisit it before your next trade! Which strategy is your go-to? Let’s discuss below! 🚀🔥
#6entrystatergy #MarketRebound #BinanceAlphaAlert #BTCNextMove #Write2Earn
EDUCATIONAL POST 🚨🚨💹
#Educational_Post
Reversal Pattern♻️
1. Formation: The rising wedge forms in an uptrend with higher highs and higher lows, but the slope of the highs and lows converges, indicating weakening upward momentum.
2. Breakout: Once price breaks below the support line, it signals a reversal as sellers gain control.
3. Action: Traders enter a short position upon confirmation of the breakout and target price at previous support zones.
Continuation Pattern♻️
1. Formation: In a downtrend, a rising wedge appears as a temporary pullback with higher highs and higher lows.
2. Breakout: When the price breaks below the support line, the downtrend resumes.
3. Action: Traders enter short positions after the confirmed breakout, continuing the trend with targets near recent lows.
Key Notes🚨
Rising wedges form during weakening momentum, hinting at bearish potential.
Always confirm with volume and other indicators to avoid false breakouts.
Watch for entry at the breakout point and manage exits at price targets.
➡️🤝This pattern helps traders identify reliable trading opportunities in uptrends or downtrends. Risk management is key to successful trades!
$ETH
$JASMY
#Educational_Post
Reversal Pattern♻️
1. Formation: The rising wedge forms in an uptrend with higher highs and higher lows, but the slope of the highs and lows converges, indicating weakening upward momentum.
2. Breakout: Once price breaks below the support line, it signals a reversal as sellers gain control.
3. Action: Traders enter a short position upon confirmation of the breakout and target price at previous support zones.
Continuation Pattern♻️
1. Formation: In a downtrend, a rising wedge appears as a temporary pullback with higher highs and higher lows.
2. Breakout: When the price breaks below the support line, the downtrend resumes.
3. Action: Traders enter short positions after the confirmed breakout, continuing the trend with targets near recent lows.
Key Notes🚨
Rising wedges form during weakening momentum, hinting at bearish potential.
Always confirm with volume and other indicators to avoid false breakouts.
Watch for entry at the breakout point and manage exits at price targets.
➡️🤝This pattern helps traders identify reliable trading opportunities in uptrends or downtrends. Risk management is key to successful trades!
$ETH
$JASMY