In descending triangle chart patterns, there is a string of lower highs which forms the upper line. The lower line is a support level in which the price cannot seem to break.In the chart above, you can see that the price is gradually making lower highs which tell us that the sellers are starting to gain some ground against the buyers.If resistance can hold may...
Bitcoin (Thoughts): - used a line because it has insights that candle doesnt - BTC needs a catalyst like ETF, major adoption, etc. but can blow up easily after that - $6800 is the most important resistance for BTC to break Q4 for BTC is usually a good time :)
Hello I was looking at Eos/usdt chart and i have recognised a 5 elliot impulsive wave bear that apparently just closed the cicle and its about to start the ABC correction, these are my targets labeled in the chart, 10.33 the first one nice rsi divergence in the hourly time frame ( not in the chart ) Kiss BlacKouTraZ