#PAXGETH - Several Attempts at Breaking Out, Rejections!
theCrypster -
This current channel (or wedge) started forming around June '22 with a new HH - since this point we've been creating peaks and troughs all in alignment, resulting in numerous tests and rejections over the last 8 or 9 months.
We've just received a Buy signal from CTv2 right on the lower support line which indicates a strong potential for rejection and the price making it's way back toward the upper half of this wedge. There should at least 20% in this long trade ✌️
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
This current channel (or wedge) started forming around June '22 with a new HH - since this point we've been creating peaks and troughs all in alignment, resulting in numerous tests and rejections over the last 8 or 9 months.
We've just received a Buy signal from CTv2 right on the lower support line which indicates a strong potential for rejection and the price making it's way back toward the upper half of this wedge. There should at least 20% in this long trade ✌️
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
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