Analyzing #babb or $bax on multiple time frames, it's clear that a retracement or a major pullback is necessary.
Pretty much on every time frame it's heavily over-bought, i'm not talking about just 80. $Bax is currently hitting like 98-99 ish even on
the higher time frame's, i also caught that there's a major hidden bearish divergence on the higher time frames(...
NYSE:BAX projection this is how i see it playing out based of the weekly and the monthly. There's a CHOCH "change of sentiment" in the market and what happens usually right after is that it will hit EQ and then tap back into that demand to grab some liquidity to continue to shoot higher. This isn't guaranteed, just my thoughts based off of S/D. And the fact that...
⏳ Spot
💎 BAXUSDT has formed a Wedge pattern on the bigger picture , Inside of the Wedge it has formed a Descending Triangle which the price has broken above it. It is expected that the price goes to the upper line of the Wedge
🏁 Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.0005230
☕️ TP1 0.0006400
🍺 TP2 0.0007900
🍻 TP3...
see and watch :)
It can be said that a wedge pattern has formed in the daily time, which pattern is broken and we expect to experience a price increase up to the specified range ...
