IDEX broke out of falling wedge within a 3 month descending channel. Retest done and higher low printed. 4H MACD cross and RSI bullish. Oversold on weekly RSI. Low MCAP DEX. Bullish news: Community staking starting on Dec 7 and Multiverse tokens implementation on Polkadot and Binance smart chain (BSC) will send IDEX to the moon.
AMP has retraced nearly 100% from its ATH in 2016 and is retesting upper trendline of a multi-year descending wedge. The moment of truth is here!
Don't ABANDON this BABY! It's about to grow up!. This is not trading advice; just a pattern I have noticed.
I'm new to TA, but have been studying for awhile. What do you think?