Will momentum push through the R/Resistance overhead.
price has broken up through the Falling wedge. Both trendlines slop down in a Falling Wedge and narrow at the apex.
The bottom trendline of the triangle overhead may pose R as well as the top trendline of that triangle.
Looks like a W is trying to form but has some room to run. Small sup could be forming as well.
Possibly to the .886 or even the 1.113 is R levels let price through.
Price has met T1 to the upside.
No recommendation.
price has broken up through the Falling wedge. Both trendlines slop down in a Falling Wedge and narrow at the apex.
The bottom trendline of the triangle overhead may pose R as well as the top trendline of that triangle.
Looks like a W is trying to form but has some room to run. Small sup could be forming as well.
Possibly to the .886 or even the 1.113 is R levels let price through.
Price has met T1 to the upside.
No recommendation.
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Bearish Rising wedge on hourly timeframe/not on daily yet/bottom line will break around 150ish so maybe wait a bit if you are investing long term.
Don't chase it
Bearish Rising wedge on hourly timeframe/not on daily yet/bottom line will break around 150ish so maybe wait a bit if you are investing long term.
Don't chase it