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parissap
Oct 2, 2022 2:27 PM

WAVES triangle fractal Short

Waves / TetherUS PERPETUAL CONTRACTBinance

Description

#WAVES/USDT
WAVES is inside a triangle that is below a long-term triangle.

🐻 if price follow the previous triangle it will breaks down the lower line to touch the descending trend lines around $3.5 and $3.2, and break down from $3 will drop price toward last long-term support around $2.

🐮 holding the lower line of 4h triangle will increase price to break out from long-term descending resistance to reach resistance zone around $4.2 and will increase more toward upper trend lines.

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