BTTC/USDT Secondary trend. Wedge.
Updated
Logarithm. Time frame 3 days. Locally, a descending wedge is forming, almost in its final phase. Note that the trading volume is minimal, and is decreasing.
🟢If there will be its breakout — the local potential is shown. That is fractal repetition of the movement as before.
🔴Breakthrough down to the lower zone of the channel — to begin with the rebound of the right shoulder of the big head and shoulders, to the meridian of the channel, and there it will be seen...
Linear, for greater clarity, without market noise.
Local. Time frame 1 day.
🟢If there will be its breakout — the local potential is shown. That is fractal repetition of the movement as before.
🔴Breakthrough down to the lower zone of the channel — to begin with the rebound of the right shoulder of the big head and shoulders, to the meridian of the channel, and there it will be seen...
Linear, for greater clarity, without market noise.
Local. Time frame 1 day.
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Trade closed: target reached
07/14/2024 It is important to break through the resistance of the wedge, that is, the local downward trend. In cases of a breakthrough and a trend change, the first local target is the right shoulder of the head and shoulders pattern, and then we will see...
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