Possible symmetrical triangle. Targets on the chart.
Commentaire:
Potential bull flag retesting as seen on the 1-hourly, volume diminishing.
Commentaire:
Furthermore, there could be another potential bull flag like fractal playing out within this larger bull flag. Emphasis on potential. It doesn't have to break bullish. Manage your risk.
Commentaire:
Finally, a very similar fractal is playing out on the LUNA charts, LUNA/USDT shown here. Last time USTC pump it did so in the wake of a LUNA move up.
Commentaire:
Daily Bollinger bands pursing hard. We are getting very close to a major move. It doesn't have to be up, but that seems more logical given the, potential pattern we are in with upside and downside target considerations.
Commentaire:
Potential bull flag retesting on the hourly the target of which will take us to test the top trendline of a larger 4-hourly bull flag. If we do test, the larger 4-hourly potential bull flag, and break upward we will likely test the top descending trendline of our weekly and daily symmetrical triangle structure. Manage your risk it doesn't have to break upward but this could trigger a domino effect of sorts that will crescendo in a volume culmination event...
View from the 4-hourly.
View from the daily. Notice that volume...
View from the weekly.
View from the 4-hourly.
View from the daily. Notice that volume...
View from the weekly.