Current trend pattern appears as either an expanding triangle (upper arrow) or a right-angled broadening wedge (lower arrow).
Based on entry direction, I assume we could breakout below the trend 4k support line (wedge).
Weekly MACD also has sufficient gap for another dip (~3600), as well as the H4/D1 indicators in respect to divergence.
*** I plan to add my alt activity/predictions at the end of each post for the meantime. Feel free to add in thoughts or suggestions!
- Sold
- Bought more
- Bought/sold $AURY for quick profit but felt that I should of held. Was looking to buyback below 17 but momentum has been strong. If it breaks 20 I will likely buy then.
- Still hold
- Waiting on entries for
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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.