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Wadge

The coin formed an upward wedge. Time to sell!The coin formed an upward wedge, which is a bearish structure. The riders do not have the strength to push the price higher. At the moment, the breakdown of the ascending structure and the breakdown of support down at elevated volumes begins. I expect an impulse decline with confirmation of volumes in the seller's glass to the lower support levels. The goal of reducing 1-3% of impulse movement.
Short
by CScalp_EN

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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