Current accumulation phase and triangle forming. A break and close above on the 4H will likely bring forward a decent pump to possibly make a new ATH.
A break below would likely provide an equal effect.
Symmetrical Triangle - Lower highs, higher lows.
Previous Analyses linked.
A break below would likely provide an equal effect.
Symmetrical Triangle - Lower highs, higher lows.
Previous Analyses linked.
Note
Prev. Analysiss3.tradingview.com/snapshots/2/2SmP7W9p.png
Note
Trenline Update
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Related publications
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.