ONEUSDT wants the breakout?
The price of ONEUSDT is currently trading within a falling wedge pattern. A falling wedge is a bullish chart pattern characterized by two converging trendlines, where the lower trendline has a steeper slope than the upper trendline. This pattern often indicates a potential reversal of the downtrend.
You mentioned that there was a false breakout at the $0.01 level. A false breakout occurs when the price temporarily moves above or below a key level but then quickly retreats back into the pattern. This could suggest that the market is still under the influence of the falling wedge's overall structure.
According to Plancton's Rules, you are looking for a new breakout above the $0.0121 level to trigger a potential long position. A breakout above this level would indicate a significant shift in market sentiment and might be interpreted as a sign of potential bullish momentum.
–––––
Follow the Shrimp 🦐
Keep in mind.
You mentioned that there was a false breakout at the $0.01 level. A false breakout occurs when the price temporarily moves above or below a key level but then quickly retreats back into the pattern. This could suggest that the market is still under the influence of the falling wedge's overall structure.
According to Plancton's Rules, you are looking for a new breakout above the $0.0121 level to trigger a potential long position. A breakout above this level would indicate a significant shift in market sentiment and might be interpreted as a sign of potential bullish momentum.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。