Falling wedge formed on around 7/20/19 and looks like 0.04 looks like a very solid support. However, it looks like there is a short term rising wedge on the 2h chart indicating a short term bearish setup within the longer term falling wedge. I would expect another pull-back to around $0.044 to $0.04 before breaking out of the long term falling wedge with the release of Shelley.
Comment:
Comment:
Looks like I was wrong about the additional leg up in the rising wedge, but a breakdown still ultimately happened.