BRETTUSDT SPOTLong
Why BRETT Can Pump Another 115%
Brett delivered an amazing performance in May/June, surging over 500%. Logically, it entered a healthy consolidation phase after this massive pump.
After hitting the local high (0.19) in June, Brett initiated a bull flag pattern, and the price descended 30% to 0.125.
To clarify: Such a correction is healthy and needed — especially after a 500% pump. Moreover, the pattern Brett currently prints is a bullish continuation pattern. Accordingly, there is a high chance of an outbreak at the top.
In this case, Brett has to tackle the resistance at the latest top in a first step. Based on the current price, this has a potential of 30%.
And here's the spicy part: Once this resistance falls, the next logical resistance sits at 0.3, resulting in a potential of 115%.
From a market cap point of, such a move would catapult Brett to the level of FLOKI, WIF, or BONK.
After hitting the local high (0.19) in June, Brett initiated a bull flag pattern, and the price descended 30% to 0.125.
To clarify: Such a correction is healthy and needed — especially after a 500% pump. Moreover, the pattern Brett currently prints is a bullish continuation pattern. Accordingly, there is a high chance of an outbreak at the top.
In this case, Brett has to tackle the resistance at the latest top in a first step. Based on the current price, this has a potential of 30%.
And here's the spicy part: Once this resistance falls, the next logical resistance sits at 0.3, resulting in a potential of 115%.
From a market cap point of, such a move would catapult Brett to the level of FLOKI, WIF, or BONK.
I'm Ben. Crypto lover, trader, and coder.
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I'm Ben. Crypto lover, trader, and coder.
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
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.