Hello Traders & Investors!
I wanted to take a look at OP, as per dreamland_cyber's request
Thank you for submitting this request! :))
OP had been consolidating within a symmetrical triangle, for almost a month.
We were able to deduce a valid consolidation as volume was getting lower and lower as OP made its way to the apex.
Finally testing the 0.786 FE level as support before breaking out with very high volume to the upside!
My target for OP would be the 1.0 Fib extension level of 3.5733
I wanted to take a look at OP, as per dreamland_cyber's request
Thank you for submitting this request! :))
OP had been consolidating within a symmetrical triangle, for almost a month.
We were able to deduce a valid consolidation as volume was getting lower and lower as OP made its way to the apex.
Finally testing the 0.786 FE level as support before breaking out with very high volume to the upside!
My target for OP would be the 1.0 Fib extension level of 3.5733
Note
In LTF's we could clearly see a break and retest of the symmetrical triangle.
One of the safest ways to enter a trade :)
OP /USDT #LONG 👖
Exchange: Binance Futures, Bybit USDT
LEV : 5-10X (CROSS)
ENTRY 2.9231
TARGET 1: 3.05467
TARGET 2: 3.15795
TARGET 3: 3.23050
TARGET 4: 3.30305
TARGET 5: 3.39281
TARGET 6: 3.53790
STOPLOSS: 2.6172
Use 2-3% Max of Funds Only
Note
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I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do next! <333333
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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.