Stacks / Tether
Panjang

Either wedge or bounce

202
This could bounce off the 200 day MA and move higher or first move lower (.50 and .90 support) and continue forming what looks to be a bit of a wedge while the market corrects. If the latter occurs, a breakout would constitute a move above the purple line.

Can also see the MACD looks potentially calling for a move lower.

Paying attention to accumulation as well, as it has picked up recently but mellowed out a bit.

Either way, I think I like this as a trade.

Penafian

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