Ascending Triangle Forming- Bullish

30 Okt 2021

ABNB really catching my eye here- Big ascending triangle forming on the 2-hour timeframe along with a big falling wedge on the hourly timeframe (See Attached Chart Below). Will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Bullish

- Bollinger Bands Squeezing (Not Pictured)
- Falling wedge on the hourly timeframe
- MACD cross
- Slight bullish hidden divergence on the RSI
- Sitting right on its 100-day EMA

PT1- $171.21
PT2- $172.46
PT3- $175.67 + Breakout

Hourly Timeframe-
https://www.tradingview.com/i/RsndBvEd/
Previously Charted-
https://www.tradingview.com/i/zyVnxovi/

2 Nov 2021

Catatan

PT1 & PT2 Reached ✅

4 Nov 2021

Catatan

All Price Targets Reached ✅