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BADGER/USDT Main trend. Downward wedge.

1 018
Logarithm. Main trend. Time frame 1 week.

An idea for a zone orientation to work in the main trend.
From the maximum pumping, the price went down by -96%.
A huge downward wedge was formed, % volatility step is decreasing. Price is at the wedge resistance (downtrend line of the main trend)

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Line Chart.

snapshot


Secondary trend. Time frame 1 day. (Zone for work).
Note
BADGER/USDT Secondary trend. The area of the narrowing wedge.
Trade closed: target reached
snapshot +196 %
Trade active
snapshot 1 03 2024 after local pump +196% pullback to the level of 3,010. From it and reversal. Now the price is retesting the previous resistance. A formation like an ascending triangle is being formed. If the breakthrough - further formation of the pump-bowl. Key levels and percentages to them from the reversal zones on the chart.
Trade closed: target reached
snapshot down from 4,871 by -15,69% (-18,44) to the dynamic big bowl support zone and reversal. Now in momentum local pump from 5,550 about +50% at the moment to the first minor resistance zone 9,050. From the reversal about +330%. There is a fractal similarity in the developing trend.
Trade active
SpartaBTC
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Also on:
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badgerBADGERUSDBADGERUSDTcryptoCryptocurrencycryptotradingPivot PointsTrend AnalysisWedge
SpartaBTC
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Also on:

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.