Watch the falling triangle (probably the pro-growth "falling wave" formation
- observe the green area
- Expect to be knocked out from the white trade area
- one more descent to the bottom edge of the wave is possible, where there is very strong support resulting from the principle of polarity change and historical support - clustered and potentially overbalance...
Basic Attention Token is closing to breaking up.
Reasons why I think so :
We are approaching the main line of the upward trend (green line)
We are approaching fibroid fibers 0.786 (measured since 11.09.2018) and 0.618 (measured since 16.11.0217)
The wedge formation narrows, approaching the main support
Psychology of the market cycle...