Long
OMGBTC Breakout from falling wedge
Looks like price is making an attempt to break out from a falling wedge pattern. Odds are great given the following:
- Daily RSI bullish divergence
- Weekly RSI bullish divergence
- Money flow divergence suggesting accumulation while price was going down.
- KST nearing a bullish crossover and bullish KST divergence.
- OBV confirming volume spike, giving credibility to breakout.
- MacD divergence and trending up on higher timeframes.
- Squeeze momentum about to burst up.
- Break of falling wedge resistance.
Majority of the indicators are signaling a big breakout.
- Daily RSI bullish divergence
- Weekly RSI bullish divergence
- Money flow divergence suggesting accumulation while price was going down.
- KST nearing a bullish crossover and bullish KST divergence.
- OBV confirming volume spike, giving credibility to breakout.
- MacD divergence and trending up on higher timeframes.
- Squeeze momentum about to burst up.
- Break of falling wedge resistance.
Majority of the indicators are signaling a big breakout.
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.
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.