Time frame 1 week for clarity.
Descending channel is the main trend.
Descending wedge is a secondary trend.
Showed the mid-term percentage for targeting potential profit within the channel after breaking through the wedge.
The price reached the lower zone of the descending channel of the main trend -96%.
This is conditionally the bottom for similar assets of such liquidity -95-98%. You can even say the minimums of minimums, beyond which there is only a complete scam, which is probably not distributed as an asset. Throughout the history of the formation of the descending channel, the trading volume was supported, many buybacks. The same volume is also pressuring to buy with “discounts”, what was previously poured "investments for billions of dollars" on Twitter during the listing.
Secondary trend, descending wedge and bearish trend break zone.
Time frame 3 days.
Descending channel is the main trend.
Descending wedge is a secondary trend.
Showed the mid-term percentage for targeting potential profit within the channel after breaking through the wedge.
The price reached the lower zone of the descending channel of the main trend -96%.
This is conditionally the bottom for similar assets of such liquidity -95-98%. You can even say the minimums of minimums, beyond which there is only a complete scam, which is probably not distributed as an asset. Throughout the history of the formation of the descending channel, the trading volume was supported, many buybacks. The same volume is also pressuring to buy with “discounts”, what was previously poured "investments for billions of dollars" on Twitter during the listing.
Secondary trend, descending wedge and bearish trend break zone.
Time frame 3 days.
Note
01 05 2025 everything is according to plan, these are "hamster price lows" and a complete loss of interest. Volatility in this zone and "snot" no longer matter, these are trend lows anyway. Everything is as usual. Now there is consolidation in the sideways after breaking through the wedge.The first target is channel resistance, and then consolidation at its resistance and exit (high probability).
Note
26 05 2025 🔄After breaking through the wedge in the sideways, an inverted head and shoulders formed, now its second local part is forming, which can become a triangle (I showed it, but it is not there yet). I showed local targets in case of an exit, everything is as before...
🔄If the price continues to move sideways, then the inverted head and shoulders will become a horizontal channel. I clearly showed the logic of trigger orders. You can place a little higher on a breakout (optional).
🧠Remember:
1️⃣ on a breakout (taking into account liquidity and the amount of your order), you need to place a trigger on the market, and you can immediately set a take profit at the same time, so as not to monitor all this and not waste time.
2️⃣ and for a decrease, - a limit order, with a trigger specifically higher (so that the order has time to activate, for example, on fast squeezes). This is such a trick.
💸 You work with one amount and do not freeze money in one order. There can be dozens of them for different assets.
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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.
✅ 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
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
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.