🔺 Pattern:
An ascending triangle is forming, which is a bullish technical pattern if it breaks out with volume above the resistance level.
The TP1 (Take Profit 1) marked in the $64.72–$66.38 USD zone is logical and aligns with previous resistance levels.
🟢 Bullish Signals:
Imminent triangle breakout: if the price strongly surpasses the $59–$60 USD range, it confirms the pattern.
Increasing volume on previous green candles: a good sign of accumulation.
Slightly expanding Bollinger Band: may indicate the beginning of a stronger move.
EMAs are flattening, with a possible future crossover if a rally confirms.
🔴 Risks and Key Levels to Watch:
The macro trend remains bearish: several timeframes (15m, 1H, 4H, 1D) show "BEARISH" zones.
Strong resistances: around $64.72, and especially between $72.31 and $76.00 USD.
If the breakout fails and price drops below $57.43, the pattern is invalidated and price may seek support at lower levels ($52–$50).
An ascending triangle is forming, which is a bullish technical pattern if it breaks out with volume above the resistance level.
The TP1 (Take Profit 1) marked in the $64.72–$66.38 USD zone is logical and aligns with previous resistance levels.
🟢 Bullish Signals:
Imminent triangle breakout: if the price strongly surpasses the $59–$60 USD range, it confirms the pattern.
Increasing volume on previous green candles: a good sign of accumulation.
Slightly expanding Bollinger Band: may indicate the beginning of a stronger move.
EMAs are flattening, with a possible future crossover if a rally confirms.
🔴 Risks and Key Levels to Watch:
The macro trend remains bearish: several timeframes (15m, 1H, 4H, 1D) show "BEARISH" zones.
Strong resistances: around $64.72, and especially between $72.31 and $76.00 USD.
If the breakout fails and price drops below $57.43, the pattern is invalidated and price may seek support at lower levels ($52–$50).
Dagangan aktif
TP1 and TP2 reached!Dagangan ditutup: sasaran tercapai
Target reached!
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.