Okay so when we have a look at the chart we can see that the price is not moving much these days. What we can see now is that the price has not gone below a small time frame support now and that we also have a possible ascending wedge happening. I think that this could be a valid ascending wedge because we got at least 3 times that the wedge was touched and did not got crossed. What I am now waiting for is for the price to go back to that wedge and see what it will do then.
I think that the price will go above the wedge and then do a retest of that wedge before we get the real big and good pump to the top. I think that this could take a while before we got this and that the big profits could even take longer because we have all of the trading in crypto that is going a little slower then we are used to.
So for now it is waiting and just keep an eye out the price to get to the wedge and then wait for the retest before we can enter the trade.
If you have any questions, feel free to send me a PM.
If you like the idea don't forget to leave a like and feel free to comment your idea for this pair.
I think that the price will go above the wedge and then do a retest of that wedge before we get the real big and good pump to the top. I think that this could take a while before we got this and that the big profits could even take longer because we have all of the trading in crypto that is going a little slower then we are used to.
So for now it is waiting and just keep an eye out the price to get to the wedge and then wait for the retest before we can enter the trade.
If you have any questions, feel free to send me a PM.
If you like the idea don't forget to leave a like and feel free to comment your idea for this pair.