Dear traders,
I've just spotted an ascending broadening wedge pattern for this coin where the price reached a bifurcation point. A break below 500$ will be followed by a downtrend.
On the contrary a strong green bar is a flag for an up-trend to 1000. This second option is more likely in my view.
This is just an idea I'd liked to share.
Not a financial advisor.
thanks for your comments.
I've just spotted an ascending broadening wedge pattern for this coin where the price reached a bifurcation point. A break below 500$ will be followed by a downtrend.
On the contrary a strong green bar is a flag for an up-trend to 1000. This second option is more likely in my view.
This is just an idea I'd liked to share.
Not a financial advisor.
thanks for your comments.
Commento:
Hi guys, the bullish trend restated around the line, not we can set a first safe Take Profit at 740, then in case of break up it will likely go to 1000$.