Trade Opportunity: XEMBTC Falling Wedge

XEMBTC looks like it has been forming a falling wedge, confirmed by the bounce at the bottom a few days ago.

Breakout of this falling wedge could signal strong bullish movement.

I would wait to see if it breaks out, and watch how buyers and sellers act in a shorter time-frame.

I have set up SMS and e-mail alerts using the Tradingview platform and Blockfolio app.

Based on that I will see when, or if, to enter.

Then I will proceed to set stop loss 7-12% under entry price.

You can check out the full trade at:

https://www.tradingview.com/chart/XEMBTC/oQMt76aH-XEMBTC-Falling-Wedge/