Weekly Falling Wedge Structure Possibility Long

Fetch.AI / BitcoinBinance

Description

⋅ Mar 6, 2022 5:56 PM

It looks possible that we are in this weekly falling wedge structure.

⋅ Mar 6, 2022 6:03 PM

⋅ Mar 6, 2022 6:07 PM

⋅ Mar 6, 2022 6:11 PM

⋅ Mar 6, 2022 6:17 PM

Also, the weekly stochastic RSI has bottomed, bounced, and had a bullish crossover.

⋅ Mar 6, 2022 6:22 PM

⋅ Mar 6, 2022 6:36 PM

We have been holding the 4 hourly EMA ribbon as support too. It appears we might get another test soon...

Comments

shimmeringpath

⋅ Mar 7, 2022 2:39 PM

Agreed - the Falling Wedge is a Bullish structure . I expect us to break upwards at some point .