AlanSantana

Token Club Token (TCT) Falling Wedge Pattern

AlanSantana Updated   
BINANCE:TCTBTC   None
Token Club Token (TCTBTC) is showing the classic falling wedge pattern after a strong bullish move... This pattern is bullish in nature.

As shown by the green arrow, this can lead to a jump next.

We also have the MACD and RSI starting to curve and low volume when breaking below MA200, signaling that this was only a correction rather than a down move.

TCTBTC can easily resume its uptrend soon.


Conditions for change
If prices move and close below 0.00000065, the above pattern is invalidated. A new analysis would be needed.

Thanks a lot for reading.

Namaste.
Trade closed: target reached:
All targets hit.

Patience is key.

Namaste.

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