TECHNICAL ANALYSIS: 🎯
Pattern Structure:
- Price: $0.4667 (-2.24%)
- Timeframe: Weekly (1W)
- Clear triple bottom formation (2022-2024)
- Strong horizontal support: $0.42
Major Price Targets:
TP1: $1.2867 (344.08% potential)
TP2: $2.3459 (501.44% potential)
Technical Insights:
- Triple bottom pattern confirmed with three tests of $0.42 support
- Multiple touches of resistance at $0.90-1.00 zone
- Clear bullish divergence on weekly timeframe
- Moving averages showing potential golden cross setup
THIS 1H CHART VIEW
Key Levels:
▪️ Major Support: $0.42 (Must Hold)
▪️ Immediate Resistance: $0.90
▪️ Breakout Level: $1.00
Risk Management:
- Entry Zone: $0.45-0.48
- Stop Loss: Below $0.40 (Weekly close)
- Risk:Reward ratio
• To TP1: 1:15
• To TP2: 1:25
Timeframe: Weekly
Bias: Strong Bullish on Break
Pattern: Triple Bottom / Accumulation
Note: Such high targets require patience and proper position sizing. This is a long-term setup. Not financial advice.
#FIS #Crypto #TechnicalAnalysis #Binance
Key Observation: Pattern suggests massive accumulation phase since 2022, with potential for significant upside movement on volume confirmation.
Pattern Structure:
- Price: $0.4667 (-2.24%)
- Timeframe: Weekly (1W)
- Clear triple bottom formation (2022-2024)
- Strong horizontal support: $0.42
Major Price Targets:
TP1: $1.2867 (344.08% potential)
TP2: $2.3459 (501.44% potential)
Technical Insights:
- Triple bottom pattern confirmed with three tests of $0.42 support
- Multiple touches of resistance at $0.90-1.00 zone
- Clear bullish divergence on weekly timeframe
- Moving averages showing potential golden cross setup
THIS 1H CHART VIEW
Key Levels:
▪️ Major Support: $0.42 (Must Hold)
▪️ Immediate Resistance: $0.90
▪️ Breakout Level: $1.00
Risk Management:
- Entry Zone: $0.45-0.48
- Stop Loss: Below $0.40 (Weekly close)
- Risk:Reward ratio
• To TP1: 1:15
• To TP2: 1:25
Timeframe: Weekly
Bias: Strong Bullish on Break
Pattern: Triple Bottom / Accumulation
Note: Such high targets require patience and proper position sizing. This is a long-term setup. Not financial advice.
#FIS #Crypto #TechnicalAnalysis #Binance
Key Observation: Pattern suggests massive accumulation phase since 2022, with potential for significant upside movement on volume confirmation.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.