It looks like the upper trendline, lasting all the tay from January 2018 could finally be broken.
Why maybe it won't be:
- obvious lack of bullish volume
Why maybe it will be:
- RSI and MACD look kinda bullish
- there are a lot of support levels under the triangle edge and also some trendlines, not drawn.
Why maybe it won't be:
- obvious lack of bullish volume
Why maybe it will be:
- RSI and MACD look kinda bullish
- there are a lot of support levels under the triangle edge and also some trendlines, not drawn.
Note
It seems with this breakout the wedge is broken out. We only need a few more candles outside of the wedge to confirm. Bullish volume still missingNote
Note
Breaking out of the wedge was unsuccessful.If the lower wedge line is true, than the price shouldn't drop under 2200 satoshis. Bullish volume still unexisting.
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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.