The coin forms a symmetrical triangle, a pattern that is a consolidation, but the price exit beyond the boundaries is accompanied by a surge in volume, liquidity and is essentially a distribution of previously accumulated potential.
Most likely, the market is aimed at the breakout of resistance with subsequent growth to the specified targets, for us it is 7.270.
Resistance levels: 5.132, triangle resistance
Support levels: 4.079, 3.090
I expect the continuation of accumulation with a gradual compression to resistance, which may soon lead to a breakout of the upper boundary of consolidation and further growth
Regards R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
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.