On the above 1-day dollar chart (left) price action is printing higher lows within an ascending triangle formation. On the ATA/BTC chart (right) multiple oscillators are showing bullish divergence with price action following a 55% correction. In fact there is currently 8 oscillators showing bullish divergence - amazing.
There is is no more resistance once price action passes target.
On the weekly USD (below) chart price action breaks out of a pennant formation with flagpole extension to $4.30 or 3.6x from current levels.
Is it possible price action falls? Sure.
Is it probable? Very unlikely.
Good luck.
WW
Weekly USD chart
There is is no more resistance once price action passes target.
On the weekly USD (below) chart price action breaks out of a pennant formation with flagpole extension to $4.30 or 3.6x from current levels.
Is it possible price action falls? Sure.
Is it probable? Very unlikely.
Good luck.
WW
Weekly USD chart
Trade ativo
Nota
Weekly reversal pattern that was mentioned in the SENSO educational idea is playing out for ATA perfectly. Be patient. Trade ativo
Trade ativo
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.