Frosty55

Radix XRD broke out of the falling wedge or descending triangle

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Frosty55 Güncellendi   
Let's see how Radix will go further now it's broke the resistance.
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On the XRDBTC-pair there is one line of resistance of a huge descending triangle:
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On the 1Hr-timeframe you can see it clearly it has arrived to the latest resistance of the (huge!) descending triangle:
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Break out confirmed! Now retesting the previous line of resistance for XRDBTC-pair:

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Previous line of resistance seems to be support now:
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A (kind of) falling wedge on the XRDBTC

And a descending triangle on the XRDUSD…

.. what helped to cool down the RSI a bit
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When you look at the white dotted lines you can see a falling wedge is forming. Probably to cool down the RSI a bit after the breakout. It’s also part of a tiny cool down period of the whole crypto market

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The two yellow drawings are two falling wedges which are bullish patterns. And you can see they're broke out to the upside.

Now we're in (or above?) a upwards channel as you can see drawn with the green dotted lines. Hopefully XRDUSD will make support here and go higher

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.