We are in ascending triangles with a 1 to 3 day correction starting today before the next rally.
The weekly chart time frame is a 3 out of 9 bullish. We are at 3 now, 9 take profits. November 27th-ish will be the multi-week correction 9.
The daily chart is in correction. but only short-term, so is the 4..etc.
eddiemeek
⋅
@JohnnyJi, thanks for your insight do you think we could possibly see another busted ascending triangle though, just like the previous triangle?
mytorc
⋅
@eddiemeek, Looking likely if there is to be further short term correction.
eddiemeek
⋅
thanks @mytorc, yeah multiple signs in the charts, let see if it breaks resistance at $5750.
I'm certain that we'll not correct much longer before resuming the next uptrend. No Doubt that the weekly looks great.
(As a disclamer, it is crypto and super volatile and responsive to breaking news soooo. As far as Tec-A goes. We're all good for another rally.
We just exhausted the last daily rally and we've been cooling off. That's about over and another nice long position is super close until we exhaust the weekly around the 27th.
We are in ascending triangles with a 1 to 3 day correction starting today before the next rally.
The weekly chart time frame is a 3 out of 9 bullish. We are at 3 now, 9 take profits. November 27th-ish will be the multi-week correction 9.
The daily chart is in correction. but only short-term, so is the 4..etc.