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๐ The Perfect Storm Brewing for UXLINK
Looking at this 4-hour chart of UXLINK/Tether, we're witnessing poetry in price action! That gorgeous cup and handle pattern isn't just technical analysisโit's telling us a story of accumulation, patience, and imminent reward.
๐ฏ What The Chart Is Screaming:
๐ Royal Cup Formation
* A majestic cup from March 19-April 3 with perfect rounded bottom at 0.3976
* Cup depth of nearly 33% shows healthy correction before continuation
* Volume profile confirms smart money accumulating at bottom
๐ Handle Consolidation Phase
* We're currently in the crucial handle formation (Apr 3-5)
* Price coiling tightly between 0.44-0.50
* Lower volatility = spring getting compressed
๐ฅ Breakout Signals Flashing
* Blue descending trendline BROKEN
* Price holding comfortably above the 0.44 support zone
* Double bottom at 0.42 created solid foundation
๐ The UXLINK Game Plan
Target Zones:
- First Target : 0.48 (yellow resistance line) - Immediate breakout goal
- Conservative Target : 0.50 - 0.52 range - Measured move projection
- Moon Shot : 0.60+ revisiting previous highs with momentum
โกPotential Timeline
The pattern suggests completion within the next 5-7 days based on current consolidation rhythm
Warning Signs :
* If price closes daily below 0.44 pink support, pattern invalidated
* Volume must increase on breakout or suspect false move
๐ง Why This Matters Now
With the current market volatility, UXLINK is showing remarkable structural integrity. The purple forecast line suggests a classic "shake out before breakout" scenarioโexactly what smart money wants before moving prices higher.
๐ฅ Position sizing is key here! This setup offers exceptional risk/reward with clear invalidation points.
๐ The Perfect Storm Brewing for UXLINK
Looking at this 4-hour chart of UXLINK/Tether, we're witnessing poetry in price action! That gorgeous cup and handle pattern isn't just technical analysisโit's telling us a story of accumulation, patience, and imminent reward.
๐ฏ What The Chart Is Screaming:
๐ Royal Cup Formation
* A majestic cup from March 19-April 3 with perfect rounded bottom at 0.3976
* Cup depth of nearly 33% shows healthy correction before continuation
* Volume profile confirms smart money accumulating at bottom
๐ Handle Consolidation Phase
* We're currently in the crucial handle formation (Apr 3-5)
* Price coiling tightly between 0.44-0.50
* Lower volatility = spring getting compressed
๐ฅ Breakout Signals Flashing
* Blue descending trendline BROKEN
* Price holding comfortably above the 0.44 support zone
* Double bottom at 0.42 created solid foundation
๐ The UXLINK Game Plan
Target Zones:
- First Target : 0.48 (yellow resistance line) - Immediate breakout goal
- Conservative Target : 0.50 - 0.52 range - Measured move projection
- Moon Shot : 0.60+ revisiting previous highs with momentum
โกPotential Timeline
The pattern suggests completion within the next 5-7 days based on current consolidation rhythm
Warning Signs :
* If price closes daily below 0.44 pink support, pattern invalidated
* Volume must increase on breakout or suspect false move
๐ง Why This Matters Now
With the current market volatility, UXLINK is showing remarkable structural integrity. The purple forecast line suggests a classic "shake out before breakout" scenarioโexactly what smart money wants before moving prices higher.
๐ฅ Position sizing is key here! This setup offers exceptional risk/reward with clear invalidation points.
Dagangan ditutup: sasaran tercapai
MORE THEN 25% in 1 day great work team... and in market down and we are printing dollar $ $ $
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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.