BONK - Ascending Triangle
It looks like Bonk has continued to create beautiful market structure on the daily timeframe.
We see what looks like and ascending triangle forming (example on bottom right).
This is also in confluence with:
-RSI Bottom (yellow line/ green arrows)
-Hidden Bullish Divergence (higher highs in price, same low on RSI)
We see what looks like and ascending triangle forming (example on bottom right).
This is also in confluence with:
-RSI Bottom (yellow line/ green arrows)
-Hidden Bullish Divergence (higher highs in price, same low on RSI)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.