Time frame: 1 week. Another project under the hype of AI, which is developing slightly now and will grow strongly in the future. A descending channel in which a descending wedge is forming (the second wave of the structure). A breakout of the wedge (dynamic resistance) is a trend reversal. I showed two options (working for a breakout):
1) a breakout of the wedge from the current zone (internal support of the channel of the large formation).
2) a breakout of the wedge near the external support zone of the ascending channel of the main trend.
1) a breakout of the wedge from the current zone (internal support of the channel of the large formation).
2) a breakout of the wedge near the external support zone of the ascending channel of the main trend.
Trade active
May 22, 2026 Holding the local zone - V reversal and trend continuation.
Not holding - decline and formation of a horizontal channel for some time.
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✅ Telegram. Finance + Trading: t.me/+ajtMAB9qbF82ZmJi
✅ Telegram. Сrypto trading only: t.me/+4Bux2Gd8Bo9hNTRi
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/+4Bux2Gd8Bo9hNTRi
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
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.