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Sikawobaima
@Sikanibaima
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Hey fam! 👋 Dive into this quick guide on Candlestick Reversals: 1. Valid Reversal - When the candle closes within the inside bar range. 2. Valid Reversal - When it closes above the previous candlestick's high. 3. Invalid Reversal - If the candle closes below the inside bar's low. Understanding these patterns is key for smart trading decisions. Stay sharp and trade wisely! 🔍💪
Jun 16
Chart Analysis of a Project Launched in May 2020 POLKADOT DOT is sitting on the edge of its descending wedge support, an area known for its breakouts when held. - The price is hovering just above 3.58, the key support pivot. - The structure is forming upper wicks, suggesting growing demand. - A rise above 3.82 could trigger bullish momentum towards the (4.6 | 5.3) area. - A break below 3.58 would invalidate the wedge and expose the bearish trend to continued pressure. Tight tension at the support level: a decision-making move is imminent. By Sikanibaima - For an enlightened, free people who control their tools #RiseWithVision #MissionNotAmbition #dot #Polkadot
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