FIL PERP WEB 3.0 Bullish Desending wedge at its limit!!!
All details are on the chart, i have removed indicators except for 50/200 EMA ...
You can see the FIL has formed a desending wedge, with another weaker desending wedge (red line) giving us a great buy in area.
For high leveage traders you could look to the red line for a stop loss.
where as low / no leveage traders could look at the stop loss line i have marked that i will use.
Info
With all the hype of WEB 3.0 kicking off it will be like the metaverse rally and we all wish we got in on AXS when it was 2.$ like 5months ago...
Well look for good web 3.0 crypto projects and dollar cost in or chart it your self and you may get the chance again.
WARNING
i am not as bullish on BTC currently so be careful as it can break all trends, with the DOW and SP500 falling in recent weeks BTC loves to follow behind.
Happy trading!
You can see the FIL has formed a desending wedge, with another weaker desending wedge (red line) giving us a great buy in area.
For high leveage traders you could look to the red line for a stop loss.
where as low / no leveage traders could look at the stop loss line i have marked that i will use.
Info
With all the hype of WEB 3.0 kicking off it will be like the metaverse rally and we all wish we got in on AXS when it was 2.$ like 5months ago...
Well look for good web 3.0 crypto projects and dollar cost in or chart it your self and you may get the chance again.
WARNING
i am not as bullish on BTC currently so be careful as it can break all trends, with the DOW and SP500 falling in recent weeks BTC loves to follow behind.
Happy trading!