A falling wedge pattern is currently forming, starting from October 8th. This pattern is characterized by a downward-sloping resistance line (lower highs) and a support line (higher lows) converging over time. The price is tightening within this range, indicating potential bullish pressure building up for an eventual breakout to the upside.
Target Zone: $3.9
Wedge Height:
High near $4.6
Low near $1.5
Approximate height: $3.1
Target Zone: $3.9
Wedge Height:
High near $4.6
Low near $1.5
Approximate height: $3.1
Trade active
Note
we are pumping 
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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.
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.