CryptoNews20
📊 Analysis of the asset ERA/USDT 4H
🧩 Figure, impulse, key levels and market reaction
📉 Figure: Descending Wedge
The chart clearly shows a descending wedge - a classic bullish pattern. The price has consistently narrowed within the wedge and finally broke upwards, exiting above the upper boundary of the structure.
Such a breakout, especially against the backdrop of a downtrend and low volatility, indicates a possible reversal and the beginning of an upward movement. 📈
⚠️ Anomaly: Spike to support zone $0.20–$0.25
In the middle of the wedge, there is a sharp "spike" downward — a quick and d
🧩 Figure, impulse, key levels and market reaction
📉 Figure: Descending Wedge
The chart clearly shows a descending wedge - a classic bullish pattern. The price has consistently narrowed within the wedge and finally broke upwards, exiting above the upper boundary of the structure.
Such a breakout, especially against the backdrop of a downtrend and low volatility, indicates a possible reversal and the beginning of an upward movement. 📈
⚠️ Anomaly: Spike to support zone $0.20–$0.25
In the middle of the wedge, there is a sharp "spike" downward — a quick and d