Technical CRYPTO Analyst

#SEIUSDT is currently trading within a falling wedge formation on the 1 days timeframe, a classic bullish reversal pattern. This pattern, coupled with a liquidity sweep at the lower boundary, has already shaken out impatient traders. But remember, no move is confirmed until we see a decisive breakout. A decisive move above key resistance is needed to confirm the shift in momentum. If the trendline of the pattern breaks, we can prepare for a bullish trade and we can witness a strong upward movement.

www.tgoop.com/TechCryptoAnalyst/12734

50.8K viewsJan 28 at 12:42

#SEIUSDT is currently trading within a falling wedge formation on the 1 days timeframe, a classic bullish reversal pattern. This pattern, coupled with a liquidity sweep at the lower boundary, has already shaken out impatient traders. But remember, no move is confirmed until we see a decisive breakout. A decisive move above key resistance is needed to confirm the shift in momentum. If the trendline of the pattern breaks, we can prepare for a bullish trade and we can witness a strong upward movement.

BY Technical CRYPTO Analyst