Looking like a prime setup.
PROS
Falling wedge
Bullish divergence at support
Weakening sell volume
Stoch RSI found support
Good RR
CONS
Barely tapped the lowest support zone. I'm thinking it has to REALLY test it to provide confidence
Still has some room to drop. Not at falling wedge apex.
I'm hoping to close my BTC long at 4200 and then will roll over to MFT or STRAT. Let me know what you think!
PROS
Falling wedge
Bullish divergence at support
Weakening sell volume
Stoch RSI found support
Good RR
CONS
Barely tapped the lowest support zone. I'm thinking it has to REALLY test it to provide confidence
Still has some room to drop. Not at falling wedge apex.
I'm hoping to close my BTC long at 4200 and then will roll over to MFT or STRAT. Let me know what you think!