RSR - bullish symmetrical triangle?
To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = Bullish, but consolidating (LH, but HL)
Notes:
- Forming symmetrical triangle on the 1H/4H
- D1/W1 support holding nicely
- Symm triangle breakout could coincide with breaking W1 resistance
Ideas:
- If symm triangle breaks up and we break the W1 resistance I'm expecting continuation to the upside
Daily resistance above the weekly should pose no issue in that case [LONG]
Trend = Bullish, but consolidating (LH, but HL)
Notes:
- Forming symmetrical triangle on the 1H/4H
- D1/W1 support holding nicely
- Symm triangle breakout could coincide with breaking W1 resistance
Ideas:
- If symm triangle breaks up and we break the W1 resistance I'm expecting continuation to the upside
Daily resistance above the weekly should pose no issue in that case [LONG]
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