Long
Polkadex readies new breakout
Polkadex which broke out of its Descending Wedge, which I was able to point out just minutes before actual breakout happened, looks to be forming another breakout pattern.
We have an ascending bullish triangle, the lows get higher, and highs are somewhat symmetrical. The selling pressure is decreasing as the buying pressure increases and this could be a nice looking breakout.
Please wait for confirmation.
We have an ascending bullish triangle, the lows get higher, and highs are somewhat symmetrical. The selling pressure is decreasing as the buying pressure increases and this could be a nice looking breakout.
Please wait for confirmation.
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Related publications
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.