MOONUSDT, a very interesting set up. There's an inverted head and shoulder with a follow up falling wedge pattern at the neckline of the big pattern. Another interesting thing is the MACD on the way to be a bullish divergence (if cross up). IMO, the best set up is if the macd is golden cross and confrim the bullish divergence. But, what if the price breakdown? i think at level X can be the next support or if the correction is big, maybe it can be at level B. What do you think ? :d
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.