blbenne0

Broadening Bottom pattern

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blbenne0 Uppdaterad   
OKX:CROUSDT   Cronos/Tether
A-B-C-D-E correction showing. Would expect a bit more of a dip based on this pattern, then a bounce out of the top trendline. Had shown an inverse H & S pattern between B and C steps, as mentioned in my previous analysis, but a sharp rejection occurred at ATH resistances @ D down into the current megaphone. Not financial advice.
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Support at 0.18 and hard support at 0.17 where likely strong bounce happens. Break below 0.17 would see next support @ approx 0.145 and a break below the trend. A final strong bounce would likely break ATH from those levels.

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