The last drop to 1143 was a strong signal that this correction may be coming to a close. We established a low at 1129 on Binance following about twelve hours later by a higher low at 1143.
We now seem to be forming a new wedge that points to another breakout. It's still early and we may bounce at least once more off of the bottom trend line.
Once we breakout we're going to see resistance at 1232 1320, and major resistance around 1352.
Remember, these are projections based on current chart patterns. ONE investor with a large enough buy or sell can change the pattern.
We now seem to be forming a new wedge that points to another breakout. It's still early and we may bounce at least once more off of the bottom trend line.
Once we breakout we're going to see resistance at 1232 1320, and major resistance around 1352.
Remember, these are projections based on current chart patterns. ONE investor with a large enough buy or sell can change the pattern.