EWT/USDT Secondary trend. Downward wedge zone. 4 11 2023
Logarithm. Downward wedge zone. Time frame 3 days.
A descending wedge is forming in the descending channel (the main trend). Almost in the final phase of its formation.
Decrease from the price minimum in the main trend -93%.
We are in the first zone of so-called capitulation.
This is not the maximum value for altcoins of such liquidity.
The range of the maximum capitulation zone is shown on the price chart, which is the range of the downward channel (main trend) of volatility.
Cryptocurrency in coinmarketcap: Energy Web Token.
From liquid exchanges traded on KuCoin, Kraken (USA), Gate.io.
Repeatability of fractal wedge logic (secondary trend) in the downward channel (primary trend).
Local resistance zones in the realization of the figure's goals after breaking through the resistance of the wedge (breaking the downward trend of price movement). Fractal projection on identical zones now.
Main trend (to understand the given zone of the wedge in it).
EWT/USDT Major trend. Channel -93% US Energy Sector 11 2023
A descending wedge is forming in the descending channel (the main trend). Almost in the final phase of its formation.
Decrease from the price minimum in the main trend -93%.
We are in the first zone of so-called capitulation.
This is not the maximum value for altcoins of such liquidity.
The range of the maximum capitulation zone is shown on the price chart, which is the range of the downward channel (main trend) of volatility.
Cryptocurrency in coinmarketcap: Energy Web Token.
From liquid exchanges traded on KuCoin, Kraken (USA), Gate.io.
Repeatability of fractal wedge logic (secondary trend) in the downward channel (primary trend).
Local resistance zones in the realization of the figure's goals after breaking through the resistance of the wedge (breaking the downward trend of price movement). Fractal projection on identical zones now.
Main trend (to understand the given zone of the wedge in it).
EWT/USDT Major trend. Channel -93% US Energy Sector 11 2023
تعليق:
29 12 2023 nothing has changed during the month, the price is still in the local clamping zone 2,122-2,750. Now at the resistance.
أغلقت الصفقة: تم الوصول للهدف:
With the 3rd local wave in the trend, the price has reached the dynamic resistance of the descending channel of the zone of levels 2,970-3,553.
Note how earlier took out hard stops and by what %, on both sides of the set zone, thus gathering all liquidity (coins). The percentages are identical to 44.06, as I previously showed in the idea, but from a different zone in this posting). Note that there is nothing on the linear (movement in the liquid zone).
Key momentum now for trend formation. The break of the descending channel (the main trend) and the final exit, or as before, a pullback into the channel canvas. It is rational to exit and pump significantly, as a coin unlike others, for a long time “without interest”. Although everything is "under the market".
Note how earlier took out hard stops and by what %, on both sides of the set zone, thus gathering all liquidity (coins). The percentages are identical to 44.06, as I previously showed in the idea, but from a different zone in this posting). Note that there is nothing on the linear (movement in the liquid zone).
Key momentum now for trend formation. The break of the descending channel (the main trend) and the final exit, or as before, a pullback into the channel canvas. It is rational to exit and pump significantly, as a coin unlike others, for a long time “without interest”. Although everything is "under the market".
تم فتح الصفقة:
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: www.instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: www.instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
