bullish with signs of accumulation and Tweezer Bottom

16 Mac

Yes! The chart is showing **bullish potential** with signs of **accumulation in a sideways range**.

### **Bullish Scenario & Accumulation Zone**
- The price is trading within a **sideways range (accumulation phase)** between **0.339 EGP (support) and 0.411 EGP (resistance)**.
- **High volume near 0.384 EGP** indicates strong buying interest in this area.
- A breakout above **0.411 EGP** could trigger a **strong uptrend**, targeting **0.459 EGP and beyond**.

### **Tweezer Bottom Confirmation**
- The presence of **tweezer bottom candlestick patterns** at support levels strengthens the bullish bias.
- If price **rejects the lower boundary (0.384 EGP) multiple times**, it confirms accumulation and potential upside movement.

### **Key Trading Strategy**
- **Entry:** Buy within the **0.384 - 0.395 EGP** zone.
- **Stop-Loss:** Below **0.339 EGP** (if accumulation fails).
- **Take-Profit Targets:**
- **0.411 EGP** (resistance breakout level).
- **0.459 EGP** (strong supply area, high-volume node).
- **0.60+ EGP** (if bullish momentum continues).

### **Final Confirmation**
- Watch for **breakout volume above 0.411 EGP** to confirm the **bullish breakout** from accumulation.
- If price **rejects 0.411 EGP again**, it might stay in accumulation longer.

💡 **If the accumulation breakout happens, this trade has great upside potential.** Would you like me to mark these zones on the chart visually? 🚀

Dagangan aktif

we still on double bottom hopefully pump to come if not and stopped out sell every thing bro :)