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Btcsdt

AMPUSDT : Descending Triangle Price Action Study Based on below three probability and condition 1)Structure 2)Moving Average 150MA 3) Volume Analysis 1) Structure: Lower Low and Lower High in Descending Triangle Pattern Currently, in the hourly time frame, the price is trading in a Lower Low, and Lower High Structure in a Descending Triangle Pattern. Descending Triangle is a Bearish pattern but not all the time sometimes it may even turn into bullish mode also 2) Moving Average 150MA : In the hourly time frame price is observed mingled with 150MA, which indicates the structure is neutral, No Bullish or Bearish 3) Volume Analysis : In the current trend, there is no strong buyer or strong seller. 4) Expectations/Probability Probability 1: If the price continues on the Higher side it may hit 0.018$ Probability 2: If the price continues on the Lower side it may hit 0.012$
by TheNewsCrypto
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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