Not a breakout
Updated
It looked like a breakout from a wedge at first, but there was so little volume. It rather turns into flag building, so price should go down again.
Longer term is still bullish.
Longer term is still bullish.
Note
Did go down, but not as far as I anticipated. There is strong support at $50. If it holds, we could see the moon in the next 24h. If it breaks, we could easily fall to $46.
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.