Similar Falling Wedges can be seen to have formed / be forming
The 200MA has acted as a temporary support for the latest falling wedge, price yet has dipped under the MA. I believe this level will quickly be reclaimed, once the falling wedge breaks out to the upside.
Chart pattern entry / hopium for hodlers
The 200MA has acted as a temporary support for the latest falling wedge, price yet has dipped under the MA. I believe this level will quickly be reclaimed, once the falling wedge breaks out to the upside.
Chart pattern entry / hopium for hodlers
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.