KNC - bullish falling wedge taking us higher?
To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = bullish (HH/HLs)
Notes:
- Forming falling wedge on 4H
- Close to weekly support levels, previous touch bounced beautifully
- 20 EMA been acting as point of support
- Price retraced to golden fib zone
Ideas:
- Looking for breakout of wedge. Falling wedge in uptrend = bullish, so expecting break upwards [LONG]
Trend = bullish (HH/HLs)
Notes:
- Forming falling wedge on 4H
- Close to weekly support levels, previous touch bounced beautifully
- 20 EMA been acting as point of support
- Price retraced to golden fib zone
Ideas:
- Looking for breakout of wedge. Falling wedge in uptrend = bullish, so expecting break upwards [LONG]
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