VeChain / TetherUS
看多

Descending triangle / Potential Bullish reversal

367
Hello Traders,

-On 1D time chart we can see clearly that a descending triangle was formed and a breakout was validated yet in order to push the price higher we need to see buyers taking a step forward pushing the price higher to the last swing 0.154$ along with a decent amount of volume which will give us a bullish sign, if not the price might breakdown and we can go back again to our last strong supports 0.1$ - 0.080$.

-Until now as we know that a descending triangle is in general a bearish pattern but since we had a breakout an potential reversal pattern ( uptrend ) is on the rise.

-Wait for confirmation after breaking our last swing ( orange zone ) then set your entries /stop losses upon it

Good Luck Traders!

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。