When Synthetix breaks it's ranging between the support & resistance of this descending wedge we can expect a big move.
Nice increase in volume suggests that this breakout is gonna happen pretty imminently.
Sell target will be top of the wedge for me (indicated by the arrow - Roughly 40%).
Nice increase in volume suggests that this breakout is gonna happen pretty imminently.
Sell target will be top of the wedge for me (indicated by the arrow - Roughly 40%).
Comment:
Diamond patten forming on the hourly, volume is huge at the breakout & retest area. Get ready for lift off.