- Daily RSI approaching oversold
- Falling wedge pattern lining up with strongly established local support zone
Break above $7300 with volume would indicate a breakout of the pattern could be in progress. Further confirmation would be established if the local resistance at $7500 was broken.
Using this post as a reference — ONE of the many possibilities going forward. Yet, I've planned how I'd react if this bullish scenario played out.
- Falling wedge pattern lining up with strongly established local support zone
Break above $7300 with volume would indicate a breakout of the pattern could be in progress. Further confirmation would be established if the local resistance at $7500 was broken.
Using this post as a reference — ONE of the many possibilities going forward. Yet, I've planned how I'd react if this bullish scenario played out.
Note
Not too shabby so far, seems to have broken the wedge. High volume break upwards might make some noise in these markets...
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.