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Descending channel and strong resistance at 10k. Which way will it go?
We have a falling wedge on 4H and low RSI. Might be a buy opportunity to the top of the descending triangle.
Seems like we are moving in several descending triangle.
Wedge on 4H. Let's see which way it goes.
H&S formation on daily chart
Looks like a falling wedge.
C&H forming on all major assets. Cup and Handle can be used as an entry pattern for the continuation of an established bullish trend.
We can see a Morning Doji Star Pattern on the 4H chart, which is normally a bullish reversal pattern. Let's see how the current candle will close.
We have a buy signal if we break out to the top
If we break out above the handle, we have a buy signal.
We have a Morning Star Pattern on 2H
A Morning Star Pattern typically indicates a trend reversal from bearish to bullish Investopedia: Morning Star
We see a wedge on daily. Can we breakout to the top?
Looks like a falling wedge on the daily.
Looks like a falling wedge on 4h
Seems like a H&S is forming on 1h chart. Target 770
Bear Flag on the 1h chart. Target between 500 and 400.
Seems like a double bottom. If we go up from here, a over the weekend rally is likely.