Hello Crypto traders and thank you for taking the time out of your day to read this post!
Today I have nothing fancy for you as I am busy running from airport to airport trying to get some work done however I did want to bring the community this idea as a reference to possibly follow along with in the days and weeks ahead.
I am proposing that we MAYbe, perhaps, possibly in a much larger descending wedge than we all realize. If we are indeed inside this large descending it would mean TEMPORARY pain for bulls but the potential for EXPLOSIVE gains once we do indeed breach and confirm the descending trend line.
I really don't have much else to say except I am not sure that this wedge is valid however it is something I am keeping my eye on therefore I wanted to create an idea so that I could post updates and follow along as it develops.
Hope you all have a wonderful and blessed day,
Red Boar
Today I have nothing fancy for you as I am busy running from airport to airport trying to get some work done however I did want to bring the community this idea as a reference to possibly follow along with in the days and weeks ahead.
I am proposing that we MAYbe, perhaps, possibly in a much larger descending wedge than we all realize. If we are indeed inside this large descending it would mean TEMPORARY pain for bulls but the potential for EXPLOSIVE gains once we do indeed breach and confirm the descending trend line.
I really don't have much else to say except I am not sure that this wedge is valid however it is something I am keeping my eye on therefore I wanted to create an idea so that I could post updates and follow along as it develops.
Hope you all have a wonderful and blessed day,
Red Boar
Note
this chart doesn't exactly go with our idea BUT it does confirm major resistance above us so I will post it Note
Note
HNS Breakdown!
Note
Hidden bearish DIV on 4 hour...lower highs in price but higher highs in rsi....bad news Note
Watching for a bounce here guys, My shorts are still in play but am ready to close them if needed. Be on your toes
Note
Still on target here as well! Will update when something changesNote
If you push play you can see we are still being held in by the trend line we drew back in May, we have been hovering and being rejected at this line for a while, it would seem logical a move to test bottom of wedge could be next.
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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.