Falling Wedge- Bullish

31 janv. 2022

DDOG starting to look really nice here. Starting to breakout of a big falling wedge it's been holding for quite some time now after bouncing right off the 200-day EMA. Bollinger bands are also squeezing (Not Pictured), MACD golden cross on the daily timeframe, bullish bat harmonic pattern formed on the 4-Hour timeframe along with some bullish hidden divergence on the RSI. Will be watching DDOG closely for a breakout here (Broader Market Conditions Permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Bullish and looking for a breakout from this wedge

- Falling Wedge
- MACD Golden Cross
- Bollinger Bands are squeezing (Not Pictured)
- Bullish Hidden Divergence on the RSI on the 4-Hour Timeframe (See Attached Chart Below)
- Bullish Bat Harmonic Pattern on the 4-Hour Timeframe (See Attached Chart Below)

PT1- $146.33
PT2- $148.60
PT3- $150.35
PT4- $154.86 +

--4-Hour Timeframe--
https://www.tradingview.com/i/23pbXoio/

1 févr. 2022

Note

PT1 & PT2 Reached ✅

10 févr. 2022

Trade fermée: cible de profit atteinte

All Price Targets Reached ✅