Hi All, my main 3 take-outs from this analysis are the following:
1- In the 4H timeframe the price found support at around 9$, which is also an area where the historical red trendline and the lower side of the big falling wedge crossed (light blue box!)
2- Inside the bigger falling wedge there is a smaller falling wedge which has been broken on the upside. There might possibly be a pullback on the downside, but I think that it is possible an upward movement of at least 25%, which is the target of the small falling wedge, at around 11.3$
3- If we are able to reach the 11.3$, at that point, by the end of January we might be seeing the price trying to breakout the bigger falling wedge with a big up move, which should support the price staying above the red trendline and continue is uptrend outside the big falling wedge
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Investitore Palantir dal 2022 e Analista Tecnico Certificato SIAT
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Le mie analisi tecniche sono potenziate dal Forecaster Terminal. Ottieni il 10% di sconto sul tuo abbonamento con il codice FRAMER10: forecaster.biz/y/FRAMER10?coupon=FRAMER10
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Investitore Palantir dal 2022 e Analista Tecnico Certificato SIAT
Le mie analisi tecniche sono potenziate dal Forecaster Terminal. Ottieni il 10% di sconto sul tuo abbonamento con il codice FRAMER10: forecaster.biz/y/FRAMER10?coupon=FRAMER10
Le mie analisi tecniche sono potenziate dal Forecaster Terminal. Ottieni il 10% di sconto sul tuo abbonamento con il codice FRAMER10: forecaster.biz/y/FRAMER10?coupon=FRAMER10
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.