Bone Shibaswap: Rising Wedge with Stoppage Supply
BONE is looking like it may retrace after scoring some nice gains. As I shared with my group: the rising spread is narrowing, volume showing signs of supply build after failures to rally in demand at key micro resistance points. One more potential rally may be in store, but this could be a false one if it breaks structure. Ultimately, I project the price falling back down to mitigate the lower retracement levels. If you're long in BONE, please make sure to take profit especially if you intend to milk the PA all the way to the wedge's confluence.
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*Not a financial advisor. Trade at your own risk.
If you have strong hands, patience, and like scoring big wins, be sure to SUBSCRIBE to this channel. Here's why: I track all USD-paired cryptocurrencies on all the major CEXs and seek out the most lucrative swing trades. All my charts are clean and easy-to-follow with exceptional win rates ranging consistently between 80-85%. My TA is based off a combination of Wyckoff Volume Spread & Fibonacci Ratios. Stop getting smashed and start winning in crypto. My charts will teach you how.
*Not a financial advisor. Trade at your own risk.
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