red_cat_street_cat

red_cat_street_cat

Schematically, I think everyone understands my idea, it is unnecessary to write or explain something

red_cat_street_cat

My vision of this situation. The price of an asset moves in a (narrowing) falling wedge formation, when/if bouncing from the lower edge, the price will come to the opposite upper edge where fate will be decided. Where, with the goodwill of the general market sentiment, a technical breakout of the channel and the conquest of new highs can occur

red_cat_street_cat

If this scenario repeats itself, and this has already happened three times, you and I can see a truly colossal upward movement that brings huge profits

red_cat_street_cat

Based on the current market sentiment, I could assume that the uptrend will continue during the next week in an extremely cautious movement, nevertheless, the asset can quite confidently overcome the 0.618 fib (0.19c) mark and then go a little lower by 0.5fib (0.165c) ) to secure a stable price. In case of successful testing of this level, the next move can be...

red_cat_street_cat

Just noticed this shit Bla, Bla, Bla, Bla, Bla, Bla, Bla, Bla, Bla, Bla, Bla, Bla,

red_cat_street_cat

This formation can potentially form. The development of which can potentially bring the asset price to the ATH price marks

red_cat_street_cat

A rather steep falling wedge has formed, upon breaking through which I expect a rebound to the point of formation As we can see in the previous similar formation, the figure worked quite accurately and predictably easily. Let's see how it happens or not this time.

red_cat_street_cat

Falling wedge after breaking through the upper border of which we can return to the stream

red_cat_street_cat

Based on the global trend, the second rebound from the level of the main support to which we have now reached, may return strength to further growth of the asset