Zaktualizowano
WAVESUSDT is testing the supply zone inside a rising wedge
The price had a nice breakout from the descending channel on the daily timeframe.
After the breakout the market had another breakout from the static daily resistance with volume on 1.8$ area.
on 4h timeframe the price is testing the supply zone, the 2.5$ area is a key level for WAVES, and now the market is creating a rising wedge.
A rising wedge is a bearish chart pattern consisting of two converging trend lines, with the first line connecting the recent lower highs and higher highs, and a second trend line connecting the recent lows. The resulting shape looks like a triangle that is angled upward. The opposite of a rising wedge pattern is a falling wedge.
What's next?
If the price is going to lose the local support and retest it as new resistance we could see a retracement until the previous daily support on 2$ area
After the breakout the market had another breakout from the static daily resistance with volume on 1.8$ area.
on 4h timeframe the price is testing the supply zone, the 2.5$ area is a key level for WAVES, and now the market is creating a rising wedge.
A rising wedge is a bearish chart pattern consisting of two converging trend lines, with the first line connecting the recent lower highs and higher highs, and a second trend line connecting the recent lows. The resulting shape looks like a triangle that is angled upward. The opposite of a rising wedge pattern is a falling wedge.
What's next?
If the price is going to lose the local support and retest it as new resistance we could see a retracement until the previous daily support on 2$ area
Uwaga
a false breakout so far.Let's see how it's going to develop it
Uwaga
5%Uwaga
15%
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.