ONEUSDT DESCENDING TRIANGLE
Updated
Inverse head and shoulders forming within descending triangle.
Price target 1: 0.27287 ** area of confluence approached **
Price target 2: 0.29455
A confluence area is one area where two or more factors come to sustain or reject price action (eg. Combine Fibonacci levels with support and resistance)
Price target 1: 0.27287 ** area of confluence approached **
Price target 2: 0.29455
A confluence area is one area where two or more factors come to sustain or reject price action (eg. Combine Fibonacci levels with support and resistance)
Note
Significant decrease in line with BTC sell-off. Will update chart to identify buy zone in conjunction with BTC targeted bottom. Wouldn't take any long positions at the moment; look for swing.
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