update for tezos, tezos trend anaysis. we are now trading in a falling wedge price trendline which is bullish. but if tezos could pump up above 0.5 resistance(the upper golden line) after this dip, . it will form an inverse head and shoulder pattern for short-term to test the upper trendline. please leave your comment and advice. this TA is provide by novice for study purpose, not applicable for price action.
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so far so good, althought the inverse head and shoulder didnt play out. the falling wedge seems to be able to hold some support.
