decimalFerret83697

Head and Shoulders / Symmetrical Triangle on EXRD-USDT

KUCOIN:EXRDUSDT   None
Incredibly bullish on EXRD fundamentally. At the moment it seems the market holds a lot of uncertainty, likely due to BTC's precarious situation. Here we can see the uneasy combination of a potential head and shoulders pattern forming, with the possibility of it being rescued by a symmetrical triangle. If we can stay in the triangle long enough for BTC to regain strength and then break the supply line, then we should be off to the races. Thin support below the neckline of the head and shoulders though, so cause for concern.

(Opinion and speculation only, DYOR and this is Not Financial Advice)
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.