Previous Support now acting as Resistance and a nice falling wedge. Best entry would have been the false break of 0.365. If we break 0.3718 and come back down for a retest thats the next best entry imo. Target for this trade is 0.4. Not financial advice.
Daily chart showing an Ascending Triangle and MACD on the 1 Hour showing a bullish Divergence. 1 More rally up to break the $21850 Resistance area followed by another leg down. Best entry would have been the false break of the 19k support but the next best entry would have to be the break and Retest of 20k Resistance zone. Target for this trade is 24k. I believe...
Keen to see how this plays out. Descending Triangle and Head and Shoulders for a continuation of the Downtrend. Price is currently retesting the neckline. If we break support on high volume then i'm short on this!