Before anything, pay attention to the timeframe—it's a 2-day timeframe, so it will take time.
Given that a large-degree bearish triangle has completed, this coin may remain bearish in the mid-term. The red zone is where the next major bearish wave could start.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.