๐ The price of 
BANKUSDT.P is approaching the apex of the pattern โ a breakout from consolidation is expected soon. The main scenario favors a downward breakout, with a short opportunity if confirmed.
๐ Important note: โก๏ธ Donโt rush the entry! Wait for a clear breakout from the pennant and confirmation of the direction.
๐ Beware of fakeouts โ the key to success lies in confirmation with candle closes and volume.
๐ SHORTBANKUSDT.P from $0.04118
๐ก Stop loss: $0.04284
๐ Timeframe: 1H
๐ข Overview:
โก๏ธ The main structure ofBANKUSDT.P remains bearish, showing consolidation after a drop.
โก๏ธ A break below the $0.04118 support will trigger the Bearish Pennant pattern.
โก๏ธ Volume increase on the breakout will confirm sellers' dominance.
๐ฏ TP Targets for SHORT:
๐ TP 1: $0.04010
๐ TP 2: $0.03900
๐ TP 3: $0.03815
๐ข Entry conditions forBANKUSDT.P :
Enter only after a clear breakdown and candle close below $0.04118, ideally with volume confirmation.
๐ข If the price holds above $0.04588, the structure may be invalidated, and the short scenario should be reconsidered.
๐ LONGBANKUSDT.P from $0.04652
๐ก Stop loss: $0.04501
๐ Timeframe: 1H
๐ข Overview:
โก๏ธ Price is compressing inside a Bearish Pennant, but there is still potential for a fake breakout upward.
โก๏ธ A breakout above the pennant on strong volume may lead to a bullish impulse.
โก๏ธ The $0.04652 level is key for a long entry after confirmation.
๐ฏ TP Targets for LONG:
๐ TP 1: $0.04760
๐ TP 2: $0.04870
๐ TP 3: $0.04970
๐ข Entry conditions:
Enter only after a confident breakout above $0.04652 and a solid candle close (preferably with high volume).
๐ Watch for a breakout from theBANKUSDT.P structure and trade only in the confirmed direction. Either way โ there is good movement potential and the R/R ratio is solid in both directions!
BANKUSDT.P is approaching the apex of the pattern โ a breakout from consolidation is expected soon. The main scenario favors a downward breakout, with a short opportunity if confirmed.๐ Important note: โก๏ธ Donโt rush the entry! Wait for a clear breakout from the pennant and confirmation of the direction.
๐ Beware of fakeouts โ the key to success lies in confirmation with candle closes and volume.
๐ SHORT
BANKUSDT.P from $0.04118๐ก Stop loss: $0.04284
๐ Timeframe: 1H
๐ข Overview:
โก๏ธ The main structure of
BANKUSDT.P remains bearish, showing consolidation after a drop.โก๏ธ A break below the $0.04118 support will trigger the Bearish Pennant pattern.
โก๏ธ Volume increase on the breakout will confirm sellers' dominance.
๐ฏ TP Targets for SHORT:
๐ TP 1: $0.04010
๐ TP 2: $0.03900
๐ TP 3: $0.03815
๐ข Entry conditions for
BANKUSDT.P :Enter only after a clear breakdown and candle close below $0.04118, ideally with volume confirmation.
๐ข If the price holds above $0.04588, the structure may be invalidated, and the short scenario should be reconsidered.
๐ LONG
BANKUSDT.P from $0.04652๐ก Stop loss: $0.04501
๐ Timeframe: 1H
๐ข Overview:
โก๏ธ Price is compressing inside a Bearish Pennant, but there is still potential for a fake breakout upward.
โก๏ธ A breakout above the pennant on strong volume may lead to a bullish impulse.
โก๏ธ The $0.04652 level is key for a long entry after confirmation.
๐ฏ TP Targets for LONG:
๐ TP 1: $0.04760
๐ TP 2: $0.04870
๐ TP 3: $0.04970
๐ข Entry conditions:
Enter only after a confident breakout above $0.04652 and a solid candle close (preferably with high volume).
๐ Watch for a breakout from the
BANKUSDT.P structure and trade only in the confirmed direction. Either way โ there is good movement potential and the R/R ratio is solid in both directions!
๐ฅSubscribe to our Telegram channel๐ฅ
๐ฅEvery day 1 FREE signal ๐ฅ
๐ tinyurl.com/GoToMoriartyTradeGlobal
๐ฅEvery day 1 FREE signal ๐ฅ
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
๐ฅSubscribe to our Telegram channel๐ฅ
๐ฅEvery day 1 FREE signal ๐ฅ
๐ tinyurl.com/GoToMoriartyTradeGlobal
๐ฅEvery day 1 FREE signal ๐ฅ
๐ tinyurl.com/GoToMoriartyTradeGlobal
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.