descending wedge

STEEM / Bitcoin POLONIEX:STEEMBTC


Hello!
Please immediately take into account, this is only my own opinion!
At this site, we see a descending wedge , this is a fairly rare figure – a figure of a fracture of the trend.
We see the dying volume of trades during the formation of the figure, this indicates that the number of players who act in the direction of the previous trend is decreasing.
The breakdown of the wedge line of the figure should be accompanied by high volumes of trades, or by a significant increase in them.
We hope – at the breakdown of the resistance level and the subsequent growth.
The possibility of buying at:
1. Breakdown of the resistance level (upper red border)
1 option can only be considered after – the principle of level duality (the former resistance levels become support levels and vice versa), in this case can fly without retest of the support level .

By admin