Wormhole narxiW

#W Try to Braeking out of Descending Broadening wedge Pattern on the Dailt Tf , Expecting 2x Bullsh Rally Send After Breakout Successfully. 📈 #wusdt #w #crypto #Binance #NVIDIA

$BTC [1W] - Basic Patterns 2018-2021: Symmetrical Triangle 🟩 Zigzag correction 🔴 Break Bear Market 🟦 Descending Broadening Wedge (DBW) 🟣 Breakout + Retest 🚀 2022-2025: Broadening Wedge 🟩 Expanded Flat 🔴 Break Bear Market 🟨 Running Flat 🟦 DBW 🟣 Breakout + Retest 🚀

#CryptoMomentum The altcoin coil is tightening — and the breakout is near. • $BTC dominance slowing down • $ETH aiming for $3.3K breakout • $PYTH, $W, $TNSR, $JUP showing stealth accumulation • Meme season quietly recharging: $DOG, $1000CHEEMS This is the setup phase — not

Understanding Support and Resistance in Price Action: The Backbone of Technical Analysis In the world of price action trading, Support and Resistance (S&R) are two of the most critical concepts every trader must master. These zones represent key decision areas where market participants show strong reactions, either reversing or continuing the current trend. At its core, price moves because of Supply and Demand: Supply (Selling pressure) causes price to fall. Demand (Buying pressure) drives price upward. What is Support? Support is a price level where demand overwhelms supply. When price approaches this level, buyers step in, often pushing the market back up. It acts like a floor preventing the price from falling further. What is Resistance? Resistance is a price level where supply outweighs demand. When price reaches this level, sellers become more active, often causing the price to fall. It works like a ceiling that stops price from rising further. Why Are These Levels Important? Identifying the right support and resistance zones is 80% of technical analysis. Why? Because if you mark the wrong levels, no matter how good your strategy is—your entries, patterns, and indicators won’t matter. The market will simply ignore your analysis. Example: You're doing a Top-Down Analysis, but you mistakenly mark the wrong major support on a higher timeframe. Even if: You find a reversal pattern like W-Bottom or Falling Wedge on the lower timeframe, You confirm with candlestick patterns like Bullish Engulfing or Morning Star, Your indicators show RSI Divergence, RSI > 50, and price above 100 EMA... The trade will likely still fail. Why? Because your foundational analysis—your key level—was incorrect. "One mistake can lead to a hundred damages in trading." Tools to Identify S&R Levels You can use a variety of tools to draw support and resistance: Trendlines Horizontal zones using Rectangles Fibonacci Retracement Moving Averages …and more. Note: A common mistake is thinking that support and resistance must be horizontal. That's not true. Trendlines, fibs, and EMAs can all help you define valid support and resistance zones. If this helped you, don’t keep it to yourself—share and let others grow too. #PriceActionTrading #SupportAndResistance #TechnicalAnalysis #ForexEducation #CryptoTrading #BitgetTrader #MarketStructure #RSI #TradingStrategy #SupplyAndDemand #PriceActionMastery #BitgetNigeria #CryptoInsights #ForexBeginners #LearnToTrade

$GORK big W forming on the 4hr we mite see 0.07 by tommrow!