Renko breakdown.

١ أبريل ٢٠٢٢

Interesting patterns forming on the Renko. Rising wedge breakdown with a retest the 8th of Feb. Bearish flag invalidated at a break of the .5 fib at 50,000.
Support building up with a series of higher lows.

٦ أبريل ٢٠٢٢

ملاحظة

١٠ مايو ٢٠٢٢

ملاحظة

renko divergence forming coming down fast from rising wedge resistance. horizontal support vital to keep to prevent visiting low 20's.

٤ يونيو ٢٠٢٢

ملاحظة

As explained above it is vital we hold horizontal support. RSI flashed into oversold conditions, wicks are forming underneath the candles which is a good sign that bottom is approaching