Falling Wedge- Bullish - Update
Updated
Big falling wedge on LAC here- Played the last run-up when it was setting up very similarly to how it is now. Clean Bullish hammer bouncing right off the 200-day EMA, some bullish hidden divergence on the RSI, MACD golden cross. Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones in the meantime
- Falling Wedge
- MACD Golden Cross
- Hammer off of the 200-day EMA
- Bullish Hidden Divergence on the RSI
PT1- $25.89
PT2- $26.94
PT3- $27.38
PT4- $30.53
--Previously Charted--
https://www.tradingview.com/i/UpWvw7nw/
- Falling Wedge
- MACD Golden Cross
- Hammer off of the 200-day EMA
- Bullish Hidden Divergence on the RSI
PT1- $25.89
PT2- $26.94
PT3- $27.38
PT4- $30.53
--Previously Charted--
https://www.tradingview.com/i/UpWvw7nw/
Note
PT1 Reached ✅Note
PT1 PT2 & PT3 Reached ✅Trade closed: target reached
All Price Targets Reached ✅
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