BULLISH is worth paying close attention to over the next two weeks. From the chart, it has been consolidating within a triangle pattern for several weeks and is currently holding above the trendline support level. The trading volume also looks good, which usually indicates strong buying interest. The next few days' movement is critical to see if it can effectively break through the upper resistance.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
DuckFluff
· 22h ago
I've never quite understood the triangle pattern, but since the volume is so strong, I'll follow along.
View OriginalReply0
FlashLoanLarry
· 22h ago
triangle consolidation plays are basically just capital inefficiency waiting to happen... liquidity depth on these breakout setups usually gets backrun to death anyway. watched this pattern trap 3 different cohorts last cycle lol. volume looking good tho, ngl that's the tell—retail finally catching the bid
Reply0
Deconstructionist
· 22h ago
After such a long triangle consolidation, it feels like either a big surge or a crash is coming—just depends on these next couple of days, bro.
View OriginalReply0
GhostAddressMiner
· 22h ago
Triangle pattern stabilizing at support? I want to see the on-chain footprints behind these buy orders. Don't tell me they're all retail investors.
View OriginalReply0
TokenUnlocker
· 22h ago
Triangle formation consolidating, this breakout I bet it will surge upward
BULLISH is worth paying close attention to over the next two weeks. From the chart, it has been consolidating within a triangle pattern for several weeks and is currently holding above the trendline support level. The trading volume also looks good, which usually indicates strong buying interest. The next few days' movement is critical to see if it can effectively break through the upper resistance.