hey everyone, please like this idea before proceeding, it will be greatly appreciated!
Reasons:
-Breakout of falling wedge with a target of around 35c
-Falling wedge target would put us back above strong resistance of 30-32c (very strong)
-hidden bullish divergence on both oscillators on the daily
-bullish divergence on 4h timeframe
-4h falling wedge retest
-head and shoulders FAILURE possible
-bitcoin also looking healthy
This is not financial advice, please do your own research before opening a position
If you enjoyed this idea please give it a like. For more content like this follow me :)
Thanks for your support
Reasons:
-Breakout of falling wedge with a target of around 35c
-Falling wedge target would put us back above strong resistance of 30-32c (very strong)
-hidden bullish divergence on both oscillators on the daily
-bullish divergence on 4h timeframe
-4h falling wedge retest
-head and shoulders FAILURE possible
-bitcoin also looking healthy
This is not financial advice, please do your own research before opening a position
If you enjoyed this idea please give it a like. For more content like this follow me :)
Thanks for your support
