Another alt to watch. Massive descending wedge broken, and sitting on support of Bollinger MA. Too new for any other analysis atm.
Seen a few people looking at the bearish descending triangle, but this has already been invalidated with the break of topside.
I usually ignore massive movements at the beginning of chart patterns, if there is a stronger trend line present, as they are formed off fear and still looking for the true range.
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.