We're looking at quite a substantial ascending wedge pattern forming on the $NDX chart right now—one of the more impressive setups we've caught in recent memory. This kind of consolidation typically signals either a potential breakout or a correction, depending on how price action plays out at key resistance levels. Worth monitoring closely.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
4
Repost
Share
Comment
0/400
ResearchChadButBroke
· 7h ago
Ascending wedge? Bro, are you bullish or bearish this time? You're being so ambiguous.
View OriginalReply0
0xSunnyDay
· 7h ago
The ascending wedge is back. Can it break this time? It seems like the previous few times were just false alarms.
View OriginalReply0
TopBuyerBottomSeller
· 7h ago
The ascending wedge is about to break out. Can you not fool me this time? Last time's "impressive" move just gave me a big fall.
View OriginalReply0
BearMarketHustler
· 7h ago
Rising wedge? Come on, bro, don't joke. This thing has fooled so many people...
We're looking at quite a substantial ascending wedge pattern forming on the $NDX chart right now—one of the more impressive setups we've caught in recent memory. This kind of consolidation typically signals either a potential breakout or a correction, depending on how price action plays out at key resistance levels. Worth monitoring closely.