Description
⋅ Here we can also draw a falling wedge.
We have the same signals we just looked at on the OMGBTC pair.
We have the inverted hammer candlestick pattern with a -8 on top of it as prices break out of the falling wedge and move above EMA10.
These signals in combination are really strong, as long as the week closes above EMA10 today.
We also have a higher low compared to Dec. 2020 and July 2021, which can lead to a higher high giving us a target much higher than 222%.
Thank you for reading.
Namaste.