Falling Wedge- Bullish - Update
ABNB starting to catch my eye here- Big falling wedge on the hourly, 2-hour, 4-hour, and daily timeframes in addition to sitting right on its 200-Day EMA. Bullish and will be looking for a breakout from this wedge (Broader Markets Permitting) - Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on the meantime- Previous Charts Attached Below
- Bullish Cypher formed on the hourly timeframe (See Attached Chart Below)
- Sitting right on the 200-day EMA
- EMA's converging & starting to curl upwards
- Bullish Falling Wedge
- MACD cross
- Slight bullish hidden divergence on the RSI (Not Pictured)
PT1- $173.21
PT2- $174.46
PT3- $175.11
PT4- $180.64
--ABNB Hourly--
https://www.tradingview.com/i/IqZSFwEM/
--Previously Charted--
https://www.tradingview.com/i/gId7b14q/
https://www.tradingview.com/i/zyVnxovi
- Bullish Cypher formed on the hourly timeframe (See Attached Chart Below)
- Sitting right on the 200-day EMA
- EMA's converging & starting to curl upwards
- Bullish Falling Wedge
- MACD cross
- Slight bullish hidden divergence on the RSI (Not Pictured)
PT1- $173.21
PT2- $174.46
PT3- $175.11
PT4- $180.64
--ABNB Hourly--
https://www.tradingview.com/i/IqZSFwEM/
--Previously Charted--
https://www.tradingview.com/i/gId7b14q/
https://www.tradingview.com/i/zyVnxovi
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