OMGBTC Bullish On Weekly Timeframe (555% Possible)
This falling wedge pattern might just be two lines drawn on a chart but somehow when it comes out what follows is easy to predict...
We can expect prices to go up.
We have a strong combination here since this is the weekly timeframe and we have an inverted hammer last weak with -8 on top of it... These signal together give out a strong bullish signal.
We can also notice a long-term higher low (Dec. 2020).
Higher lows tend to lead to higher highs... 555%?
Maybe... or more.
We will see.
Namaste.
We can expect prices to go up.
We have a strong combination here since this is the weekly timeframe and we have an inverted hammer last weak with -8 on top of it... These signal together give out a strong bullish signal.
We can also notice a long-term higher low (Dec. 2020).
Higher lows tend to lead to higher highs... 555%?
Maybe... or more.
We will see.
Namaste.
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