Long
Price Action on Pump
Bullish on the downward wedge, last week on 04/06/16. Upward trending wedge, possible for a short ride to resistances @ $3.55 & $3.69, before retracing south.
Note
Going strong at $3.51! Keep pushing baby!Note
Upward wedge again, potential for a reversal if it strays south of the extrapolated line.Note
Despite the wedges, based on the 60 outlook a subtle ABCD Sell pattern can be loosely overlayed. Examining the RSI indicators may give more insight.Note
*Clarification: Bearish ABCD pattern. Considering entering position after it taps $3.36 for a reversal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.