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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
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Crypto Patel
Crypto Patel
Mar 10, 21:30·
TECHNICAL ANALYSIS MASTERY | DAY 18 | CHART PATTERNS WEDGES Powerful Reversal Patterns Both trendlines slope in the same direction. Wedges typically break opposite to their slope. 1⃣ FALLING WEDGE (Bullish) Bullish reversal pattern with both lines sloping downward. ▶️ PATTERN STRUCTURE Both resistance and support lines slope downward. Lines converge as pattern develops. Lower highs and lower lows. ▶️ ENTRY SIGNAL Enter long when price breaks above the upper resistance line with volume confirmation. ▶️ WHY BULLISH? Sellers losing momentum. Each push down is weaker. Buyers absorbing selling pressure until breakout. ▶️ STOP LOSS Place stop below the most recent low inside the wedge or below the lower trendline. 2⃣ RISING WEDGE (Bearish) Bearish reversal pattern with both lines sloping upward. ▶️ PATTERN STRUCTURE Both resistance and support lines slope upward. Lines converge as pattern develops. Higher highs and higher lows. ▶️ ENTRY SIGNAL...