Cool stuff. Potential inverse Head and Shoulders, everything is about to moon, but... Let's take a look at the lower time frame.
Ascending wedge is a bearish pattern but can lead to explosive upward moves. For me, this is the most unpredictable pattern.
Both StochRSI failing to make HH.
Price is sitting on strong resistance.
RSI on 1D chart is also overbought and showing even bigger Ascending wedge.
Now, let's take a look at OBV.
Now good stuff. Broke through 50 sdma. 50 dma and 10 ema bullish crossover and potential 20-50 dma bullish crossover. Our golden crosses. Thats what I like about future. (ALMOST THERE)
MFI is also not good.
I'm still holding but I have doubt. I will either pump or short but need more conformation signals.
Ascending wedge is a bearish pattern but can lead to explosive upward moves. For me, this is the most unpredictable pattern.
Both StochRSI failing to make HH.
Price is sitting on strong resistance.
RSI on 1D chart is also overbought and showing even bigger Ascending wedge.
Now, let's take a look at OBV.
Now good stuff. Broke through 50 sdma. 50 dma and 10 ema bullish crossover and potential 20-50 dma bullish crossover. Our golden crosses. Thats what I like about future. (ALMOST THERE)
MFI is also not good.
I'm still holding but I have doubt. I will either pump or short but need more conformation signals.