I think this is a fake out. It has already tried to break trendline but was beaten down and closed candle below (left hammer) then it tried again and had no volume on breakout so i think its a fake out. I also think that bitcoin, which is currently sleeping is going to wake up next week and push for new ATH. This typically doesent bode well for BTC-Altcoin pairs. Good luck all.
評論:
4H timeframe right now shows an ascending wedge.
評論:
It broke out the top of wedge. Candle closed above trendline on daily with relatively high volume. Still dont trust this tho. Could be a mistake. Have a nice day.
