CELO/USDT
ANY FEEDBACK WOULD HELP ME OUT, SO I CAN UNDERSTAND IF IM DOING THIS RIGHT!!!
CELO/USDT. As you can see from the chart we have a descending triangle pattern occurring, making lower lows and lower highs. Using the Fib retracement from the highest point of each high, we can see each time the new highs are hit exactly on the golden ratio, where the current candle is you see we are directly on the golden ratio meaning that we could see it bounce off. However from the RSI indicator we have crossed over showing not a lot of buying pressure. Could see this dip down below following the descending triangle pattern.
CELO/USDT. As you can see from the chart we have a descending triangle pattern occurring, making lower lows and lower highs. Using the Fib retracement from the highest point of each high, we can see each time the new highs are hit exactly on the golden ratio, where the current candle is you see we are directly on the golden ratio meaning that we could see it bounce off. However from the RSI indicator we have crossed over showing not a lot of buying pressure. Could see this dip down below following the descending triangle pattern.
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