IDEX Classic Falling Wedge Pattern

IDEX / TetherUS BINANCE:IDEXUSDT

AlanSantana

We have the classic falling wedge pattern on the IDEXUSDT chart.

We can see volume going up as an attempt is happening to break out of this pattern.

An “attempt” because we consider this confirmed only after the daily candle closes.

Previous support is being tested and holds based on the challenge of EMA21 and a higher low compared to February 24.

It can grow… If not, we have a chart setup with LOW risk and HIGH potential reward.

Trade at your own risk.

Namaste.

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