Falling wedge broke out a good while back but has yet to make a strong move up towards measured targets, as shown above on the 3 day chart.
Also:
- The long sideways movement is typical of accumulation prior to a stronger move.
- MACD has been diverging the entire way down,
- RSI has been diverging as well, and more recently stronger divergence.
Hitting both targets would provide nearly 1100% gains vs. Bitcoin from current price if this plays out:
Related idea here:
Also:
- The long sideways movement is typical of accumulation prior to a stronger move.
- MACD has been diverging the entire way down,
- RSI has been diverging as well, and more recently stronger divergence.
Hitting both targets would provide nearly 1100% gains vs. Bitcoin from current price if this plays out:
Related idea here:
