업데이트됨

WAVESUSDT is testing the supply zone inside a rising wedge

695
The price had a nice breakout from the descending channel on the daily timeframe.
After the breakout the market had another breakout from the static daily resistance with volume on 1.8$ area.
on 4h timeframe the price is testing the supply zone, the 2.5$ area is a key level for WAVES, and now the market is creating a rising wedge.

A rising wedge is a bearish chart pattern consisting of two converging trend lines, with the first line connecting the recent lower highs and higher highs, and a second trend line connecting the recent lows. The resulting shape looks like a triangle that is angled upward. The opposite of a rising wedge pattern is a falling wedge.

What's next?
If the price is going to lose the local support and retest it as new resistance we could see a retracement until the previous daily support on 2$ area
노트
a false breakout so far.
Let's see how it's going to develop it
스냅샷
노트
5%
스냅샷
노트
15%
스냅샷

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