Panjang
ELF DOUBLE TRIAGLE
As you can see, the pattern fails for a short period of time. It breaks the strong support level, which triggered bots to sell and traders to panic sell. But, we found a fire support level on the larger symmetrical triangle,
which made us smash through the smaller descending triangle with only 3 minor red candles while passing through.
The funny thing is that we find a strong resistance once again on the larger symmetrical triangle.
These patterns combined, signal a bullish run with some bounces.
BULLISH ETA: MAY 12th 12:00
SMALL RIDES: Possible the next hours all the way up to the bullish run, if you go to 5-30 min range, you will find some nice patterns for a short term ride.
Let's see what happens!
**Chart looks best with 30 min candles**
which made us smash through the smaller descending triangle with only 3 minor red candles while passing through.
The funny thing is that we find a strong resistance once again on the larger symmetrical triangle.
These patterns combined, signal a bullish run with some bounces.
BULLISH ETA: MAY 12th 12:00
SMALL RIDES: Possible the next hours all the way up to the bullish run, if you go to 5-30 min range, you will find some nice patterns for a short term ride.
Let's see what happens!
**Chart looks best with 30 min candles**
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.