Bonk Falling Wedge

20 févr. 2023

Falling Wedge doesn't guarantee a breakout. But I believe if it breaks the resistance, the impulse after breakout would be very strong.

20 févr. 2023

Note

I am not bullish or bearish. But since the price is near the resistance, a valid breakout could result in a long green candle while the rejection from resistance does not necessarily provide valuable trading opportunities as the price could go down little bit and stay flat for a period of time.

28 févr. 2023

Note

The selling pressure seems to be temporally controlled by bull. But if we do not see any obvious bounce from here, then we might say goodbye to bonk...

28 févr. 2023

Note