BitcoinPanjang
Bullish breakout of descending wedge
Clear breakout of descending wedge formation, often a very bullish pattern and this movements correlates to the previous TA from Fundi Finance regarding a bullish divergence yesterday.
We have been following our move from last week with a LONG from the 200 MA also posted in our Dashboard area for those who would like to look.
Key points here from a bullish prospective are
The bullish divergence on 1 day chart between rsi and macd
The holding of the support line from the 2020 coivd crash the low and start of this very cycle
The breakout of the descending wedge formation.
The AO and UO both oscillators of market volume and data have plenty of room to the upside showing a bottom on the 1 day chart areas
We have been following our move from last week with a LONG from the 200 MA also posted in our Dashboard area for those who would like to look.
Key points here from a bullish prospective are
The bullish divergence on 1 day chart between rsi and macd
The holding of the support line from the 2020 coivd crash the low and start of this very cycle
The breakout of the descending wedge formation.
The AO and UO both oscillators of market volume and data have plenty of room to the upside showing a bottom on the 1 day chart areas
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.