Radix XRD broke out of the falling wedge or descending triangle

Let's see how Radix will go further now it's broke the resistance.

ความคิดเห็น:

On the XRDBTC-pair there is one line of resistance of a huge descending triangle:

ความคิดเห็น:

On the 1Hr-timeframe you can see it clearly it has arrived to the latest resistance of the (huge!) descending triangle:

ความคิดเห็น:

Break out confirmed! Now retesting the previous line of resistance for XRDBTC-pair:

ความคิดเห็น:

Previous line of resistance seems to be support now:

ความคิดเห็น:

A (kind of) falling wedge on the XRDBTC

And a descending triangle on the XRDUSD…

.. what helped to cool down the RSI a bit

ความคิดเห็น:

When you look at the white dotted lines you can see a falling wedge is forming. Probably to cool down the RSI a bit after the breakout. It’s also part of a tiny cool down period of the whole crypto market

ความคิดเห็น:

The two yellow drawings are two falling wedges which are bullish patterns. And you can see they're broke out to the upside.

Now we're in (or above?) a upwards channel as you can see drawn with the green dotted lines. Hopefully XRDUSD will make support here and go higher