Multiple bearish signs but a falling wedge?
- bearish TK cross
- large gap between the conversion line and base line
- fallind wedge formed, kind of confusing as there are multiple bearish indicators
- if WILD does breakout the target is $2.55 as that is the top of the ichimoku cloud
all kind of depends what BTC decides to do
- bearish TK cross
- large gap between the conversion line and base line
- fallind wedge formed, kind of confusing as there are multiple bearish indicators
- if WILD does breakout the target is $2.55 as that is the top of the ichimoku cloud
all kind of depends what BTC decides to do
Note
Could fall to the 0.236 fib level around $2.18 which could hold WILD if it does continue to retraceNote
also there is not a lot of volume coming into WILD which is another bearish sign
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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.