[Watch it] Alts market may find a bounce

Updated
Falling wedge, TD count 9.
Price moving through a descending channel.

Needs breakout of the falling wedge.
First target ideally 700b.

Idea invalidated on breakdown of descending channel.

Watch it.
Note
Possible green TD candle looming.
First fince april.

snapshot

Watch weekly close.
Note
So far sor good.

snapshot

Now we need that first green candle confirmed on W close.
Note
Not bad.

snapshot
Note
650b.

snapshot

Not far from ideal 700b target.
Note
660b.
Trade closed: target reached
700b nailed already and close to resistance.
Enough for the scope of this analysis.
Trend Analysis

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