There's a pattern where the price makes five touches on a resistance level. On the fifth attempt, it breaks through, signaling a possible upward momentum. This breakout indicates a bullish trend and potential for further growth.
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The developer behind CoinWizard
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.