A while back we were tracking this monster ascending triangle. We popped out came back for back test , lost the backtest and ever sinc we have been super weak. Usually a failed breakout is a big sign of weakness
As of now we have made a rising wedge as we have sat under that same ascending triangle prevopus suppor as resiatnce. As this is a bearish pattern and a bearish sign, the ichumochi cloud resiatnce we have been getting ROcked from is now attempting to hold as suppprt on the 3 hour. But on td 4 hour we hav resiatnce 2.25 we need to clear. The daily we have been holding strong on the green ichumochi cloud which is a bullish sign. rSi looks like a head and shoulders pattern as does the chart proce axtion, so a few warning signs however I have seen that head and shoulders looking patterns turn into a HUgE W. Keep and eye on 2.17$ if we start to lose that we could see another tumble. If we rip their 2.25 this could be a strong sign !! Hope this al helps !! Trade safe
As of now we have made a rising wedge as we have sat under that same ascending triangle prevopus suppor as resiatnce. As this is a bearish pattern and a bearish sign, the ichumochi cloud resiatnce we have been getting ROcked from is now attempting to hold as suppprt on the 3 hour. But on td 4 hour we hav resiatnce 2.25 we need to clear. The daily we have been holding strong on the green ichumochi cloud which is a bullish sign. rSi looks like a head and shoulders pattern as does the chart proce axtion, so a few warning signs however I have seen that head and shoulders looking patterns turn into a HUgE W. Keep and eye on 2.17$ if we start to lose that we could see another tumble. If we rip their 2.25 this could be a strong sign !! Hope this al helps !! Trade safe
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.