Almost reached the top of consolidation (58$).
Primary pattern is a huge double bottom
Secondary pattern -Rising wedge
I think we see a pullback here to the 48-50$ area to make a handle for the double bottom before making new ATH.
If this dumps past 48$ we're headed back to 40$...
Pull back signs?
1.Top of the wedge
2. Volume decreasing
3. MFI flashing
4.Macd overbought
Primary pattern is a huge double bottom
Secondary pattern -Rising wedge
I think we see a pullback here to the 48-50$ area to make a handle for the double bottom before making new ATH.
If this dumps past 48$ we're headed back to 40$...
Pull back signs?
1.Top of the wedge
2. Volume decreasing
3. MFI flashing
4.Macd overbought