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FORTH / TetherUS
Long
Jul 29, 2022
Ampleforth FORTH - Huge falling wedge is breaking out! +Triangle
4
8
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45
45
As you can see, we have a falling wedge on the daily / 3D chart, which is a bullish reversal pattern.
This is a fantastic buying opportunity when combined with a local ascending triangle!
My Elliott Wave analysis suggests that a main impulse wave has been completed, and that's why I expect a bullish retracement.
My main profit target is at the previous resistance (wave 4), or 0.618 FIB.
I think this downtrend is over and we should see some bullish price action in the immediate short term!
I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
UnknownUnicorn2537518
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Ascending Triangle
Bearish Rectangle
Bullish Rectangle
Descending Channel
Elliott Wave
Falling Wedge
Fibonacci Retracement
FORTHBTC
forthusd
FORTHUSDT
Support and Resistance
Volume
UnknownUnicorn2537518
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