Hi traders,
I can see that price is moving inside a contracting triangle where price is making lower highs and higher lows. This pattern creates a lot of liquidity on both ends because buyers and sellers are equally placing their orders.
From an Elliott perspective, the structure fits a clean ABCDE corrective triangle. Right now, price is approaching the (e) leg.
Afterwards, I'm expecting price to break the triangle shape towards $3300, $3450, $3590
Good Luck!
I can see that price is moving inside a contracting triangle where price is making lower highs and higher lows. This pattern creates a lot of liquidity on both ends because buyers and sellers are equally placing their orders.
From an Elliott perspective, the structure fits a clean ABCDE corrective triangle. Right now, price is approaching the (e) leg.
Afterwards, I'm expecting price to break the triangle shape towards $3300, $3450, $3590
Good Luck!
Trade ativo
Trade fechado manualmente
Price didn't reach the designated area. But, I closed my short positions on profit.
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Publicações relacionadas
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✅FREE signals:
t.me/VIPCryptoVault
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shorturl.at/a1O3x
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shorturl.at/mTwUY
✅30% FREE Deposit Bonus
Up to 40% trading-fee rebates
t.me/VIPCryptoVault
Best Crypto Exchange Worldwide
shorturl.at/a1O3x
✅15% FREE Deposit Bonus
Up to 35% trading-fee rebates
shorturl.at/mTwUY
✅30% FREE Deposit Bonus
Up to 40% trading-fee rebates
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.