cryptorix

KMD 2H falling wedge breakout?

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cryptorix Uppdaterad   
BINANCE:KMDBTC   Komodo / Bitcoin
Hey guys, lets directly get into it shall we?

As you can see on the chart, a nice falling wedge has formed and as textbook trading as it is, falling wedge is a continuation pattern that usually bullish, still, i hate the wick on 1-4 and 1-6

im still waiting for it to reach the above resistance line and waiting for its breakout and using my 90 and 100ma as support line
Kommentera:
be really careful with this trade, might be false breakout, volume is not picking up and btc havent completed it last bearish wave
Kommentera:
The situation looks good, btc ended her consolidation, might be a possible play
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