Long

#WISH close to a bullish reversal? Here it is why... is why...

Hi All, my main 3 take-outs from this analysis are the following:

1- Price is still moving inside the red falling wedge, finding static support in the lower red trendline

2- Strong divergence between MACD and prices, suggesting that the strenght of the sellers might have come to an end

3- In the next intraday sessions, it might be possible to see a further run up towards the 3.95-4$

Not a financial advice, just personal opinion. Do your own due diligence and good luck!

Related publications

#WISH Still moving inside the falling wedge. I am LONG!

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.