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WAVESUSDT Descending Triangle
WAVES 1D
Price is now in the area of the trendline resistance where multiple rejections have already happen in the past. A rejection might send price to the $1.41 again & make a new all time low or a breakout might lead to a high as $5.
Price is now in the area of the trendline resistance where multiple rejections have already happen in the past. A rejection might send price to the $1.41 again & make a new all time low or a breakout might lead to a high as $5.
Note
WAVES UpdatePrice has tried to go past the trendline resistance, with a high of $2.3480. This is in range of a Pivots Daily R1 Resistance if you plot it on the chart and will look like a fake-out viewed on a higher timeframe such as 4H. If you shorted on the trendline itself, that would have been a 7% price movement as of now.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.