Nine_Minute on Nostr: Typically in triangles, price action goes the opposite direction of Wave E. That ...
Typically in triangles, price action goes the opposite direction of Wave E.
That would mean that #BTC may head downwards soon. However, it’s not a hard rule for triangle patterns.
Take for example, #SMCI. Its triangle pattern would suggest downward price action, but instead, it broke to the upside, after hours. #Bitcoin #SuperMicro
Published at
2024-03-02 19:15:01Event JSON
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"content": "Typically in triangles, price action goes the opposite direction of Wave E.\n\nThat would mean that #BTC may head downwards soon. However, it’s not a hard rule for triangle patterns.\n\nTake for example, #SMCI. Its triangle pattern would suggest downward price action, but instead, it broke to the upside, after hours. #Bitcoin #SuperMicro https://image.nostr.build/672590701087b3bbd7036d26b3ebac32e843cdd864164c35263febb9cafca75a.jpg ",
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