This chart is the mother falling wedge, the little falling wedge already broke. Increasing volume. Price action needs to find its way to the green oval. The higher high would confirm long term trend change. Bullieve 2020
The market cycle indicated in the RSI shows a retest of major cycle support. The one time this happened in the past it was the leading indicator to the "Hope" rally right before an accelerated bull trend. Nearly identical market cycle structure highlighted in this chart can be seen in the RSI of the Total crypto market cap 1W chart. As well as with the BTC...
Using RSI and Stoch RSI, compared with historical data. Currently we see strong signals of entry with a 7-11 week swing trade. I am a chart noob. Been studying for a year or so. I do not currently trade. Practicing building charts and trade ideas.
