Long
CELRBTC - Where to Bulls?
Ignore my counting with impulse tools. Ascending Broadening Wedge taken from Encyclopedia of Chart Patterns Second Edition and may not even be applicable here. nevertheless, I'd like to see how it plays out in Crypto-Land.
"The ascending broadening wedge is a chart pattern that tends to disappear in a bear market. Most often, you'll find them in a bull market with a downward breakout."
"The ascending broadening wedge is a chart pattern that tends to disappear in a bear market. Most often, you'll find them in a bull market with a downward breakout."
Note
What a funny tool. Trend Line Fib. If we tag the target area, the 100% upside lines up with some supposed resistance. Interesting. Note
Some thoughts on the matter
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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.