Falling Wedge - Breakout

28 сент. 2022 г.

DDOG starting to look quite nice here as buyers are starting to step in so long that the broader markets don't pullback. DDOG has been holding a big falling wedge for quite some time, getting rejected by the 20-day SMA, however will be keeping a close eye on DDOG with buyer volume starting to increase relative to seller volume. Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime
**(See Attached PT's &Charts Below)**

Daily Timeframe
- Bullish Hidden Divergence on the RSI
- Falling Wedge
- Bollinger Bands Squeezing

4-Hour Timeframe
- Bollinger Bands Squeezing
- Falling Wedge
- Bullish Gartley Harmonic Pattern
https://www.tradingview.com/chart/DDOG/KseBRl24-DDOG-4-Hour/

PT1- $89.90
PT2- $95.37
PT3- $99.34
PT4- $103.39+