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Looks like we are forming a rising wedge which is a bearish pattern. Target could be at $36,100 if we broke down the lower line of the wedge.
Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.
Follow me on my Twitter as well linked below.
Cheers,
Juvs
Thank you for considering reading my idea.
Looks like we are forming a rising wedge which is a bearish pattern. Target could be at $36,100 if we broke down the lower line of the wedge.
Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.
Follow me on my Twitter as well linked below.
Cheers,
Juvs
Note
Looking at the 4h chart. MACD and Stoch are ready to reverseNote
We broke down off the bottom line of the wedge, then tested it as resistance
Note
Target reached
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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.