ExcitedTraderNic

ExcitedTraderNic

Wedge pattern are similar to triangle formation, which have two converging trendlines. There are basically two types of wedge pattern. The falling and the rising wedge, which can either occur in a uptrend or downtrend market.

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www.tradingview.com KUCOIN:VELOUSDT Retracement almost complete. Bullish RSI DIV on daily should take us to Retracement B and still lower to C on a Fib level of .5

ExcitedTraderNic

Wave 2 retraces 78.6% to the downside, setting up for an explosive Wave 3 targeting the 1.618 Fibonacci extension. This count suggests strong bullish momentum ahead, with key Fib levels guiding potential reversals.

ExcitedTraderNic

What do you Dent holders think? We see a clear channel testing lows keeping it a clear up-trend. Only 18 days until testing last high level.

ExcitedTraderNic

EMA 5,20 cross and fib extension on our side? Thoughts?