It perfectly bounced off of your pink trendline, but I can't figure out how you draw that line, I mean where are the candles or wicks (points) to draw it?
BTCyeti
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@CryptOpportunity, Hi, thanks for the support! I'm not used to explaining my TA but I will do my best.
The descending purple lines represents the momentum building in the trajectory of the falling wedge.
I've then averaged in the highest points using my momentum line on lower end of the falling wedge, these predictions also correlate to my support and resistance lines. Which confirms a new trend line.