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!
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Price didn't reach the designated area. But, I closed my short positions on profit.
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t.me/VIPCryptoVault
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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
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
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.