broadening wedge with an inverted head and shoulders with a neat descending volume profile showing lack of momentum and trapped traders on those pushes down within the shoulders and head.
The measured move from the height of this head puts us around 51 cents which also happens to intersect the 30 min ema 200 and the top of our broadening wedge which should give resistance again
Bitcoin oversold? Bitcoin/US Dollar SAXO:BTCUSD Saxo Bitcoin Intraday – We look to Buy a break of 33861 (stop at 33248) We are trading at oversold extremes. A break of the recent high at 33800 should […]
UNISWAP – Reversal Patterns 👀 UNI / TetherUS BINANCE:UNIUSDT WicktatorFX Uniswap has recently broken out of a descending wedge , which is a common reversal pattern. After breaking out, we appear to be coming back […]
MANA – Right At Resistance! What's Going To Happen Next? MANA/USD COINBASE:MANAUSD RSibayan Happy Money Monday, Traders! Hope you find value from this post. If you did, pls like and consider following. Here’s a trading […]