Descending triangle, Confirmed
Pros
Descending volume
Volume spike on break out
PPS under 50MA
No data on 200MA
No data on 250MA
RS below 0 and descending
Overall bearish
No support under 1,37$
Price Target
PT1 = 2,11 (filled)
PT2 = 1,37
Could see lower
Pros
Descending volume
Volume spike on break out
PPS under 50MA
No data on 200MA
No data on 250MA
RS below 0 and descending
Overall bearish
No support under 1,37$
Price Target
PT1 = 2,11 (filled)
PT2 = 1,37
Could see lower
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.