Breakout from strong bull pennant pattern (MOONSHOT 101)

Panjang

WRX / TetherUS (BINANCE:WRXUSDT)

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BINANCE:WRXUSDT WRX / TetherUS

chartpattern indicator wrxusdt wrxbtc wrx wazirx bullish pennantpattern pennantbreakout cryptocurrency

Caught this one at the bottom of a huge falling wedge. Entry almost couldn't of been better. Price consolidated into huge bull pennant, and has broken out on high volume, cruising through the old resistance at the consolidation high. Next target is to break through the previous flagpole high. The sky may be the limit on this one.

Dagangan aktif:

Breakout is in full effect. MACD cross and 5/20 DEMA cross imminent on weekly time frame. Watching closely for a small pullback to 0.085 support on 4hr time frame.

Komen:

Dagangan ditutup: sasaran tercapai:

Ended up closing at around 30% gain overall.

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.