This is not easy for me to explain. But first of all, The big rally before the triangle, did not break down, meaning, the current candles are almost higher than the candles from that rally. Thats incredibly strong. The tight, emerging uptrend i drew, although the price is outside currently, as you can see, it was briefly outside a few days ago as well. And the thing is, this emerging uptrend is not very steep. There is room for a much steeper uptrend which is what i think is going to happen basically. So my prediction is +5% in next 5 days basically. Let me add lastly, that i needed something to give me an idea, i mean, after comming to the conclusion that price was going up, and that it may be going up relatively much, i needed something to figure how much, and where to. And i decided to use the curve tool, and as you will see, the curve touches alot of candles. Basically I would be surprised if this prediction is not correct. Have a nice day.
코멘트:
Look at the 1H chart. If im not mistaken this is how it looks like when a bottom is forming. And price shoot up not long after.
코멘트:
shiieeeet.
코멘트:
i realise now how silly it is to expect a move when price is so far from the end of the wedge