We have a major situation here but, as I write, I can feel peoples doubts and uncertainty... Do you belief there would be uncertainty on a strong bullish bias?
Did you feel uncertainty when Bitcoin was going up every day, every week, every month? Do you feel uncertain now? Why?
➖ TONUSDT is showing a bearish divergence between price action and volume. ➖ Volume is going down while prices are going up within a rising wedge.
➖ The rising wedge generally speaking is a bearish pattern but this can also work as a continuation pattern; here are two scenarios:
1)
2)
The difference between #1 and #2 is the higher high... One scenario would produce and strong burst upward with the intention of liquidating all SHORTs only to fall back down to correction mode.
If there are not many SHORTs, market manipulators can push prices straight down in a search for liquidity before a major bullish wave.
👉 One thing is 100% certain: The cryptocurrency market will grow in late 2024 and very strongly in 2025... The opportunity of a LIFETIME.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.