2H Chart
Rising wedge in formation, usually a bearish reversal pattern with volume decreasing as prices rise and the wedge evolves.
Major resistance :
- Around 10k2
- Around 12k4
Support zone :
- Around 9k (old neckline from inverse H&S pattern)
***Do not trade with my TA, It's not a recommendation to buy or sell.***
Rising wedge in formation, usually a bearish reversal pattern with volume decreasing as prices rise and the wedge evolves.
Major resistance :
- Around 10k2
- Around 12k4
Support zone :
- Around 9k (old neckline from inverse H&S pattern)
***Do not trade with my TA, It's not a recommendation to buy or sell.***
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We can expect a breakout with a possible throwback before reaching the resistance zone.