As we wrote in the previous update, the price should form the triangle. That’s what the one is doing now.
Falling wedge worked out because of which we’ve seen the test of the resistance. This test showed that the resistance level $8565 is still strong and actual.
Next, we should follow the price, namely, where the price will take hold outside of the triangle. The breakout of the resistance will lead to the resistance, the breakdown of the support and fixing below the level, will lead to a further decline.
Falling wedge worked out because of which we’ve seen the test of the resistance. This test showed that the resistance level $8565 is still strong and actual.
Next, we should follow the price, namely, where the price will take hold outside of the triangle. The breakout of the resistance will lead to the resistance, the breakdown of the support and fixing below the level, will lead to a further decline.
Klondike Official Links:
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Related publications
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.
Klondike Official Links:
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Related publications
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.