After exponential growth, we began to fall and formed a triangle with horizontal support, I have seen this formation many times. for example, bitcoin did show such an e formation and at the end of the triangle, we broke a support line. In this case, I think we will reach the support line of the triangle after that we can touch the trend line.
Best regards EXCAVO
Best regards EXCAVO
Trade closed: target reached
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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.