Uptrend Continuation
I'm seeing a massive bullish wedge here, a continuation pattern of an overall uptrend. Looking for price action to enter the breakout zone. Entering oversold territory as indicated by the MACD on the daily timeframe, showing a possible crossover to the upside soon.I believe it will take some time and accumulation to test/break $50 range.
Note
Macd is looking bullish, getting close to crossover on the daily time frame. Possible to test the $21 range again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.