#KITE
The formation of a Falling Wedge generally represents a pattern with the potential to trigger a bullish reversal. However, the bullish signal has not yet been confirmed until price convincingly breaks above the upper trendline. Currently, price is approaching this key resistance, making the next daily candles particularly important. It's best to wait until the price breaks through the resistance line of this pattern, then buy/go long afterward.
Short term target minimum 10%+
A rejection from here will invalidate this Reversal setup.
