🔍 Technical analysis: Bullish Wave Five - 1D
📣
IOUSDT
🟢 In the analysis of the previous post on the 8-hour timeframe, it was noted that it is moving in a descending channel that can continue to correct to the Buyer Zone.
🟢 According to the analysis, after reaching the area, the price broke out of the congestion by touching the Buyer Zone several times and forming an ascending triangle pattern and continued its growth to the supply zone.
🟢 Currently, on the daily timeframe, it is suffering from a congestion in the supply zone.
💎 Therefore, if the price does not touch the Invalidation LVL zone, by breaking out of the congestion and breaking the supply zone, it can continue its growth to the next supply zone after breaking it.
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»»»«««»»»«««»»»«««

📣
🟢 In the analysis of the previous post on the 8-hour timeframe, it was noted that it is moving in a descending channel that can continue to correct to the Buyer Zone.
🟢 According to the analysis, after reaching the area, the price broke out of the congestion by touching the Buyer Zone several times and forming an ascending triangle pattern and continued its growth to the supply zone.
🟢 Currently, on the daily timeframe, it is suffering from a congestion in the supply zone.
💎 Therefore, if the price does not touch the Invalidation LVL zone, by breaking out of the congestion and breaking the supply zone, it can continue its growth to the next supply zone after breaking it.
»»»«««»»»«««»»»«««
Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.
Thanks for your continued support.🙏
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
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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.