EExpanse / Bitcoin
Panjang

$EXP in a flat pattern

2 652
Not sure if this is gonna work, but normally it should.....
After an upmove, Expanse formed a flat correction, which is a Trend Continuation Pattern.
To me, it looks like it finished the 5th leg and it should move up now.

Breaking the upper trendline will lead us to the blue box which is calculated with Fibo Extensions from previous upmove and equal to the outcome of the flat pattern.
I noticed that leg 5 formed a small reversal pattern and saw support building in the orderbook.

Happy trading!

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.