Falling Wedge Pattern in Play on the 4H
Updated
If we breakout, it would only take about a 35-40% move to get to ATH where I suspect we would get rejected for some more consolidation.
Note
It looks like right now we are wicking down and bouncing off the 50ma. Hopefully it holds enough to push us right out of the top trend line.Note
We have breakout! Not trading it, but hopeful to see it hit my resistance box up around $.23 within the next 48 hours or so.
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.