💡 Pattern: Inverse Head & Shoulders 💡 RSI: 55 Neutral 💡 Risk: Medium ✅ Resistance: 18, 19.30 ✅ Support: 14.7 PERFORMANCE 🟡 ST: HOLD 🟢 MT: POSITIVE 🟢 LT: POSITIVE *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️
Falling Wedge on 2D chart This is a strong bullish pattern This falling wedge is also coupled with a double bottom along the lower trend line of the falling wedge
Orange broke above its short term resistance around 11.50 USD. At the same time Orange exited rectangle formation which may coincide with the beginning of new trend. Although, this has to be taken with caution as further confirmation is needed. In terms of the technicals RSI and Stochastic are bullish. MACD performed crossover above 0 points which is bullish as...