The green trendline support was tested as expected (red arrow predicted in July), and we finally broke the descending wedge to the upside.
Ideally, I´d like to see a retest of the wedge´s upper trendline (blue arrow). If we get a rejection to the upside, I´ll look for long trades (green arrow).
Ideally, I´d like to see a retest of the wedge´s upper trendline (blue arrow). If we get a rejection to the upside, I´ll look for long trades (green arrow).
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📈 Experienced Crypto trader
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🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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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.