๐ง After reaching the TP zone, we entered the correction phase according to the double top short structure, and the goal of the double top short structure was fully achieved.โ๏ธ
After that, we also had a good rebound. From a time period perspective, we are consolidating sideways, which shows that we donโt seem to want to choose to continue the deep correction. As time goes by, we form an ascending triangle here.๐
โก๏ธIf we successfully break through the inflection point, then the ascending triangle is established
โ ๏ธIf we break below the bullsโ defensive level, the bullish view is invalidated
๐คIf you like my analysis, please like ๐and share it๐ฌ
๐ Follow me so you don't miss out on any signals and analyze ๐ฏ
After that, we also had a good rebound. From a time period perspective, we are consolidating sideways, which shows that we donโt seem to want to choose to continue the deep correction. As time goes by, we form an ascending triangle here.๐
โก๏ธIf we successfully break through the inflection point, then the ascending triangle is established
โ ๏ธIf we break below the bullsโ defensive level, the bullish view is invalidated
๐คIf you like my analysis, please like ๐and share it๐ฌ
๐ Follow me so you don't miss out on any signals and analyze ๐ฏ
์ฃผ๋ฌธ์ทจ์๋จ:
๐คฏUnfortunately, the expected rise did not occur and the bull defense point was broken, so the expectations of the ascending triangle were invalidated.โ
๐ง The only structural form that currently exists is the double top short structure, so you need to be cautious when you are bullish.
โก๏ธThe current price is gradually being squeezed into a tight range, please do not forget risk management.โ๏ธ
๐คIf you like my analysis, please like ๐and share it๐ฌ
๐ Follow me so you don't miss out on any signals and analyze ๐ฏ
๐#MKR Ascending Triangle Breakout Failedโ
๐คฏUnfortunately, the expected rise did not occur and the bull defense point was broken, so the expectations of the ascending triangle were invalidated.โ
๐ง The only structural form that currently exists is the double top short structure, so you need to be cautious when you are bullish.
โก๏ธThe current price is gradually being squeezed into a tight range, please do not forget risk management.โ๏ธ
๐คIf you like my analysis, please like ๐and share it๐ฌ
๐ Follow me so you don't miss out on any signals and analyze ๐ฏ
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