4H Descending Broadening Wedge
Most of the info is on the chart.
Descending Broadening Wedges tend to breakout upwards.
The Triple MACD divergence is also a bullish sign.
The signal I am waiting for is a close above the upper trendline of the wedge.
The target would be the first (highest) high in the pattern. (40960$)
Descending Broadening Wedges tend to breakout upwards.
The Triple MACD divergence is also a bullish sign.
The signal I am waiting for is a close above the upper trendline of the wedge.
The target would be the first (highest) high in the pattern. (40960$)
Nota
I also wanted to say that SPX is impacting BTC, and today it opened in the red, so the breakout might not be for today, keep an eye on both charts.Nota
Price broke above upper trend line, the pattern is validated. We are bullish :)
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Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
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.