In simple terms, we are in ascending wedge = bearish, but in a possible Ascending Triangle, which would explain this coming trend break.
In ascending triangle, the market is going to look at the future price, as it is building support and resistance in October.
In an ascending triangle A-B Trend line is always broken!
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation.
These fractal events are identified as dotted vertical lines.
Thank you,
Ajion
In ascending triangle, the market is going to look at the future price, as it is building support and resistance in October.
In an ascending triangle A-B Trend line is always broken!
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation.
These fractal events are identified as dotted vertical lines.
Thank you,
Ajion
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
This is why it is important to ENTER into a price with which you can patiently wait for the price to do its thing.
Because once the surge happens, nobody knows for sure, when or how the next wave will occur. The best you can do, is take profits, reenter and hope for the best.
True story :)