If you need me to explain the chart then you shouldn’t be trading.
Note
Hope to see price jump above pennant along with spike in volume. Then, see price bounce from pennant’s top trend line to breakout of channel, probably testing top of channel one last time on the way out.
Note
If we soon see a bounce with volume then assume lift off.
Note
Based on coinbase’s price but still valid. Looks like reaccumulation.
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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.