Ambassadorj

COVALUSD: 1W Nearing end of falling wedge

Ambassadorj 업데이트됨   
COINBASE:COVALUSD   Circuits of Value
As above.

COVAL nearing end of falling wedge. MACD has continued bullish divergence and maybe will cross 0 line in late Feb or March 2023.

Watching for possible breakout after 0.0012 is breached. Would like to see concurrent increase in volume etc. to confirm.

If rejection off the top wedge trendline, then possible dip to 0.006 range may be possible.

Will follow.

Good luck traders.
코멘트:
Rejection. 1D chart appears to show at least a short term price drop/correction incoming.
코멘트:
BOOM! Busted out of resistance at 0.012-0.014. But watch out for fake-out... Would like to see volume increase. Next target is 0.022 range if uptrend continues. Looks like COVAL spikes when BTC reverses uptrend? Will Follow.
코멘트:
Up we go!
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