SFP/USD Short term
Updated
A bounce of the support of this widening wedge and daily candle close above line #1 ($3.4) will nice SFP the support it needs to fly - The two yellow lines indicate price targets and if it goes through both these, it'll hit price discovery territory.
If we get a bounce off this wedge I'll be entering a long position.
Daily MACD just crossed, 4h 50MA about to cross the 100MA, volume is increasing - In my opinion not one to miss.
If we get a bounce off this wedge I'll be entering a long position.
Daily MACD just crossed, 4h 50MA about to cross the 100MA, volume is increasing - In my opinion not one to miss.
Note
Failed to break through the resistance - Will be expecting some sideways action in this channel thats forming up.If we get a breakthrough (daily close above it for me) I'll be entering into a long position on Binance futures.
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