$SPK BREAKING OUT OF FALLING WEDGE – 150% POTENTIAL 🚀
The falling wedge pattern on $SPK is tightening into the apex with decreasing volume, a classic precursor to a breakout. Historically, similar structures on lower timeframes have produced sharp directional moves once resistance is cleared.
Projecting the pattern height suggests a move of around 150% if the breakout confirms with a daily close above the wedge’s upper trendline. Watch for a volume spike to validate the move.
Are you already positioned or waiting for a clean retest?
Not financial advice. Always manage your risk.
#SPK #FallingWedge #Breakout #Crypto
🔥
The falling wedge pattern on $SPK is tightening into the apex with decreasing volume, a classic precursor to a breakout. Historically, similar structures on lower timeframes have produced sharp directional moves once resistance is cleared.
Projecting the pattern height suggests a move of around 150% if the breakout confirms with a daily close above the wedge’s upper trendline. Watch for a volume spike to validate the move.
Are you already positioned or waiting for a clean retest?
Not financial advice. Always manage your risk.
#SPK #FallingWedge #Breakout #Crypto
🔥