BB/USDT – Bullish Setup with Wedge Breakout Potential | 1H Chart
BBUSDT is currently presenting a strong bullish technical structure backed by multiple confirmations:
🔹 A double bottom has formed, signaling potential trend reversal.
🔹 Bullish divergence on the RSI strengthens the bullish outlook, showing hidden buying pressure.
🔹 Price action is compressing within a symmetrical wedge, and no bearish reversal patterns are currently observed.
A breakout above the wedge resistance trendline could lead to further upside continuation.
📌 Entry: $0.18554 (upon confirmed breakout)
🛡️ Stop Loss: $0.16322 (below structure support)
🎯 Target: $0.21591 (+15.13%) — You may also set your take-profit levels based on your own risk-reward ratio and trading style.
As long as the structure holds and no bearish confirmation appears, the setup remains valid. Always manage risk accordingly.
🔹 A double bottom has formed, signaling potential trend reversal.
🔹 Bullish divergence on the RSI strengthens the bullish outlook, showing hidden buying pressure.
🔹 Price action is compressing within a symmetrical wedge, and no bearish reversal patterns are currently observed.
A breakout above the wedge resistance trendline could lead to further upside continuation.
📌 Entry: $0.18554 (upon confirmed breakout)
🛡️ Stop Loss: $0.16322 (below structure support)
🎯 Target: $0.21591 (+15.13%) — You may also set your take-profit levels based on your own risk-reward ratio and trading style.
As long as the structure holds and no bearish confirmation appears, the setup remains valid. Always manage risk accordingly.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.