Since 17 aug the XEMBTC was in a pennant now on 12 nov the price action has broken the resistance of pennant with powerfull volume after making double bottom within the pennant, now the price line is still above the pennant's resistance even after the fib retracement showing a bullish move it has created a first bull flag, here I have placed a pitch fork the price line is likely to move within this pitchfork making more bull flags.
The volume profile from 31 oct to 17 nov shows that traders are still interested in trade at this and upper area.
Best of luck and regards,
Atif Akbar (Moon333)
The volume profile from 31 oct to 17 nov shows that traders are still interested in trade at this and upper area.
Best of luck and regards,
Atif Akbar (Moon333)