Right now we have seen a correction of NAS since it's bull run, but what now? On the 2H chart I can see a descending triangle patern. I've used RSI and EMA 10-20 indicators. The RSI is currently around 50 and the price is just below the EMA 10 and EMA 20 which isn't bullish. Either 2 scenario's will happen. Scenario A: Triangle pattern breaks and we might see a...
Hello guys and welcome to my first ever idea I want to share with TradingView. After the bullish news from China we have seen a massive pump in Chinese blockchain companies like TRX. After such a pump we expect a correction and consolidation naturally. On my analysis we can see a descending triangle on the 1h chart, when the triangle breaks on top we can...