SasanSeifi|Metis Analysis: Potential Breakout Ahead?

Updated

In the 10-hour timeframe, as you can see, The price has touched the downward trend line four times and is now trading around the critical $32 level. Given the previous interactions with the trend line, a breakout seems possible.

If the trend line is broken, we can expect the price to rise towards targets around $35, followed by a potential further increase to the $37-$38 range after a minor correction. To understand the ongoing trend better, observe how the price reacts to the $35 level. Key support is at $29-$28.


This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Note
πŸš€As you can see, with the breakout from the downward trend line, the price has grown almost 9.50% to around the $35 mark.
snapshot
Trade active
.
Trade active
Hey everyone! As you can see, following the breakout from the downward trend line, we’ve seen an impressive 18% growth so far. I hope you’ve made the most of this opportunityβ€”it's been a really great rise!πŸ»πŸš€πŸ€‘βœŒ
The price could still climb up to $39-$40.

snapshot
Trade closed: target reached
βœ… done 21% πŸ’°πŸ»
10HanalysisChart PatternscryptomarketcryptotradersmetisMETISUSDTpriceactionSupply and DemandTechnical AnalysisTrend Analysis

Follow Your Own Trading Plan!

😍 Join our free Telegram Channel for more analysis

πŸ’°Telegram: t.me/Forex_Crypto_Signal_Free_VIPπŸ™Œ
🌎Website (Persian): FiboTech.Trade
Also on:

Related publications

Disclaimer