The #NTRNUSDT pair is showing a textbook example of a descending wedge, a pattern often associated with strong bullish reversals. Currently, the price sits at $0.3871, near the lower boundary of the wedge, hinting at potential upward momentum.
The breakout target from this pattern points to a massive 261.41% increase, with the price potentially reaching as high as $1.0103. The descending wedge, coupled with a strong support level and increasing volume, makes this a critical setup to watch.
Traders should keep an eye on the price action near the wedge’s upper trendline and look for confirmation of a breakout before entering the trade. If the resistance breaks, it could be the beginning of a significant bullish run.
The breakout target from this pattern points to a massive 261.41% increase, with the price potentially reaching as high as $1.0103. The descending wedge, coupled with a strong support level and increasing volume, makes this a critical setup to watch.
Traders should keep an eye on the price action near the wedge’s upper trendline and look for confirmation of a breakout before entering the trade. If the resistance breaks, it could be the beginning of a significant bullish run.
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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.