BTTC/USDT Secondary trend. Wedge.

Logarithm. Time frame 3 days. Locally, a descending wedge is forming, almost in its final phase. Note that the trading volume is minimal, and is decreasing.

🟢If there will be its breakout — the local potential is shown. That is fractal repetition of the movement as before.

🔴Breakthrough down to the lower zone of the channel — to begin with the rebound of the right shoulder of the big head and shoulders, to the meridian of the channel, and there it will be seen...

Linear, for greater clarity, without market noise.

Local. Time frame 1 day.

Note

04/26/2024 purchases in consolidation for 4 hours, volume.

Note

Market purchases and “waves” after them. The exchange evens out the spread. Time frame 5 minutes.

Note

12 05 2024 el precio se mantiene en la lógica de la cuña descendente y por encima del soporte 0.00000113. Stops debido a tales zonas de compresión de precios son muy cortos con una gran toma de ganancias.

Note

22 05 2024

Trade closed: target reached

07/14/2024

the price reached the second short target -32%. Level 0,.....74. This formed a descending wedge. Turning zone. This zone provides dynamic support for a large ascending channel, as well as a large Gann fan.

It is important to break through the resistance of the wedge, that is, the local downward trend. In cases of a breakthrough and a trend change, the first local target is the right shoulder of the head and shoulders pattern, and then we will see...

Trade active

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Related publications

BTT/USDT Psychology. Reversible evolution of hamster thinking

by SpartaBTC

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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