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luigjic
Dec 2, 2021 4:54 AM

Falling Wedges Break to the Upside Long

Description

Take a look at this wedge forming, with BTC just warming up this coil is ready to spring out quick IMO!
Comments
FeetyPajamaMike
on this chart you missed the double top . came down into a falling wedge but they break up something like 60% of the time. poly just put in a triple bottom on the same chart just down the line 30 days. try using different time frames and look for all the setups bearish and bullish to get a better idea of the position your taking. not a bad entry as long as you were prepared with a stop. Also I personally always check whether or not the asset is poised for a break against btc or eth. if the asset you are trading out performs btc ,, it will be doing double or triple digit % on the usd chart. hope you don't take offense. just my observations. only looked at your one chart. you could be a master trader for all I know. if I helped cool if not... hey I'm just Feety Pj Mike anyway.
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