Today's big move is now consolidating into a wedge. Bulls looking to enter should buy at the bottom of this wedge when VWAP (light pink line) is above it.
The wedge is built around the 23.6% retracement which is also the 300 psychological barrier. Any strong move towards 350 will indicate a break out (higher than average volume, at the bottom of the chart there are red and green bars with a yellow average line).
The wedge is built around the 23.6% retracement which is also the 300 psychological barrier. Any strong move towards 350 will indicate a break out (higher than average volume, at the bottom of the chart there are red and green bars with a yellow average line).
Remember: The market can do whatever the hell it wants.
I am not a registered advisor and everything is for educational purposes only.
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I am not a registered advisor and everything is for educational purposes only.
I accept tips!
BTC wallet:
3DY8CFkDXhPjLBvSqhZ2MmR4rLJEWKAPeT
ETH wallet:
0xDcf53630455141CA22fFCF7b97F659ab7b5791b4
