@bighatpaul, They've written it in the title... it's a falling wedge pattern. This isn't uncommon for it to move like this, hence the upward arrow??
mzangani
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@ash4zeker, yep it is.and look the reverse hammer as well. It might be a signal of a new short squeeze now that RH limits are lifted. Or just the shorties taking back to cover positions. Either way price can be pushed up again very shortly. Have a good weekend
FlokiCrypto
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@mzangani, falling wedge is more relevant than one candle ;) Regardless, GME broke another small falling wedge on Friday, which should have been in this chart, probably indicating the start of subwave 3.
CryptoHedging
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The gab at least had to be closed to validate that.
But in the mean time: