https://www.tradingview.com/x/O1UN4rYx/
K6 close upon the neck line of a potential bullish head-shoulder pattern.
It seems that another bull run will start here to test 0.5fib line or the resistance.
I will try to buy it from 5.6-5.3USD area.
On the other hand,
It is also possible that K6 is just a fake up candle,
If K7 keep climbing up to close upon 6.5-7.0USD area,
It will be a valid break up.
K6 close upon the neck line of a potential bullish head-shoulder pattern.
It seems that another bull run will start here to test 0.5fib line or the resistance.
I will try to buy it from 5.6-5.3USD area.
On the other hand,
It is also possible that K6 is just a fake up candle,
If K7 keep climbing up to close upon 6.5-7.0USD area,
It will be a valid break up.
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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.
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.