- Let see how this Falling Wedge will play out in near future while the indicators also support for the upcoming breakout as well/bullish divergence for some indicators like ADP and MACD..
- Invalidated falling wedge pattern if the price goes below 500 satoshi/break the uptrend line support.
ADP : Start to pointing upward and rising. let see if it could break above neutral zone 50.
DMI : -DI (sell power) and +DI (buy power) is ready to converges in the near future yet is not guarantee would happen.
MACD : MACD line is crossing and create an early bullish signal. while buyer histogram is ready to show up indicate a buy momentum is building up.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion, any relation between my posts toward any of your trading decision would be on your own consequence. please feel free to share what your thought on comment section.
peace.