So Many Wedges..
Pretty self-explanatory.
If we close beneath the current rising wedge support then we should anticipate a correction down on to the base support of the encompassing wedge pattern (approx $8,900).
If we somehow manage to find new bullish support - perhaps from the soft launch of Bakkt today - then we'll need to see a strong daily close above $10,700 to confirm a bullish breakout from the encompassing wedge pattern.
First point of resistance would likely be around $11,890 if the upside move transpired.
Thanks
If we close beneath the current rising wedge support then we should anticipate a correction down on to the base support of the encompassing wedge pattern (approx $8,900).
If we somehow manage to find new bullish support - perhaps from the soft launch of Bakkt today - then we'll need to see a strong daily close above $10,700 to confirm a bullish breakout from the encompassing wedge pattern.
First point of resistance would likely be around $11,890 if the upside move transpired.
Thanks
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.