skywalkercrypto

Double Falling Wedge/Ascending Triangle

HTX:ATOMUSDT   Cosmos / Tether USD
A series of patterns highlighted in the view:
-.1 Ascending Triangle in Green (if the price follows the Green trend line)
-.2 Falling Wedge in Blue (if the price follows the upper Blue trend line)
-.3 Great falling Wedge in Red (if the price follows the Red pattern)


A validation of the Ascending Triangle (Green) would have a bullish predisposition in the short term but the price will be easily exposed to price changes.
If a "Wedge" pattern occurs, the price can be consolidated in the area, to then give rise to a strongly bullish trend.

Let me know what you think.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.