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NCASH Gearing Up for Movement
Quick TA on NCASH -
Following the massive breakdown on NCASH, we have found ourselves in a falling wedge pattern. The likelihood of this pattern breaking upward is higher than it breaking down from here, but keep in mind we have a 25-35% risk that it could go lower.
Tendencies of this pattern include false breakdowns/breakouts. These fakeouts will be outside of the wedge , so be ready to take a position going the opposite way once the fakeout hits. I've noted some potential price points depending on when the fakeout occurs.
Keep in mind this is not financial advice, but how I might be playing my cards
Good luck
Following the massive breakdown on NCASH, we have found ourselves in a falling wedge pattern. The likelihood of this pattern breaking upward is higher than it breaking down from here, but keep in mind we have a 25-35% risk that it could go lower.
Tendencies of this pattern include false breakdowns/breakouts. These fakeouts will be outside of the wedge , so be ready to take a position going the opposite way once the fakeout hits. I've noted some potential price points depending on when the fakeout occurs.
Keep in mind this is not financial advice, but how I might be playing my cards
Good luck
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。