JosipTrades86

JosipTrades86

Lines extended

JosipTrades86

After staring at the VTCBTC chart this distinct pattern jumped out at me. Repeating waves on the chart, RSI, and PPO alert, all forming a wedge. Not expecting this to conform as I'm very inexperienced but I will continue to watch this.

JosipTrades86

Expecting a resistance around $17k level(though 15k looks like a likely resist level as well) to form a second shoulder and a dead cat bounce. This would also coincide with the price being resisted by both Moving Averages, which have the potential to cross for another bearish confirmation. Support levels at 11.5k and 7.4-8.5k range. PS I'm a newbie when it comes...