Could someone please give me an idea of what there take is on this. To me it looks like a bearish divergence thus a rising wedge. But I see a bullish flag too.... What the f@#&
Additional thought for descending triangle 1 post.
Not financial advice. Possibly descending triangle with fadeout.
Last night the Handle continued to push in the upward direction. A couple more days of upward consolidation would be great MA and VOL are climbing RSI is looking good with confirmation of the trend analysis TBO has given two very important indicators which indicate more support at the current level ICH has also given confirmation to a possible change in direction.
Lets hope that the handle forms in the correct direction
If my trend analysis is correct then this is a cup and handle forming and MDA could have a nice bullish drive
If consolidation continues along support line we could see the falling wedge validated with new support and prospective breakout
Good time to make a positive return on ATOM BNB
I am eager to see if DOCK maintains these levels. Consolidation should create new support which could lead to a decent accent in price. Lets monitor the support line.
One it gets through the first resistance band it will look alot more promising.
From mistakes come lessons.. Lets hope this trend holds
Another Trend analysis with a gloomy outlook but very promising short opportunities
I am only a noob but if i am not mistaken then this might be a reversal of the trend... Please feel free to point me in the right direction if my charts prediction is not valid..