LNKD may have finally done it. The higher low followed by the strong reversal and Higher high might be the beginning of a new uptrend. And its been stuck in a grinding slide for months.
Volatility seems to be shifting gears from the purple rectangle to the green oval. And the shift is to HIGHER volatility. That isn't how it usually happens at a top, unless it is a blowoff top, which has not happened here yet.
Bitcoin $BTCUSD prices are coiling for a move, Moving averages have also collided. What for a breakout and fakeout given how mature the wedge has been allowed to get as well.
Decelerating downward momentum meets higher lows creating initial possible breakout move to a higher high. This could be a nascent uptrend beginning. First, needs to survive a retest of the breakout levels .
