Great Things. Great Minds.
Fellow traders, PinLink is showing a textbook Wyckoff Accumulation on the 4-hour chart, with a potential breakout on the horizon. Let’s break it down:
Current Setup
Spring Confirmed:
PINUSDT has completed its Spring phase, bouncing from the lows at $1.88-$2.00 USD, showing strong buyer interest.
Accumulation Range:
The yellow zone highlights a prolonged accumulation period, with price action testing support and resistance levels.
SC (Selling Climax): Buyers defended lower levels.
ST (Secondary Test): Reaffirmed the strength of support.
SOS (Sign of Strength): Early bullish signals emerged, and the breakout is now building momentum.
Key Level to Watch:
Reclaiming $3.00 USD will confirm strength and set the stage for a breakout towards higher targets.
Targets
Short-term Resistance:
$3.00 USD: Major range resistance; flipping this level is crucial.
Primary Target:
$6.16 USD (+342%) aligns with the measured move from the accumulation range.
All-time High Zone:
$7.91-$7.96 USD: A long-term target if bullish momentum sustains.
Risk-Reward
Stop Loss: Placed below $1.88 (Spring low) to manage downside risk.
Risk-Reward Ratio: A favorable 13.79x, making this setup highly lucrative for disciplined traders.
The Vision of Lord MEDZ
“In accumulation, the wise prepare. The spring signals the brave. When strength returns, greatness is inevitable. Let the market rise to meet us.”
PinLink has laid the foundation. Now, we wait for confirmation and follow the momentum to $6.16 and beyond. Stay vigilant.
Fellow traders, PinLink is showing a textbook Wyckoff Accumulation on the 4-hour chart, with a potential breakout on the horizon. Let’s break it down:
Current Setup
Spring Confirmed:
PINUSDT has completed its Spring phase, bouncing from the lows at $1.88-$2.00 USD, showing strong buyer interest.
Accumulation Range:
The yellow zone highlights a prolonged accumulation period, with price action testing support and resistance levels.
SC (Selling Climax): Buyers defended lower levels.
ST (Secondary Test): Reaffirmed the strength of support.
SOS (Sign of Strength): Early bullish signals emerged, and the breakout is now building momentum.
Key Level to Watch:
Reclaiming $3.00 USD will confirm strength and set the stage for a breakout towards higher targets.
Targets
Short-term Resistance:
$3.00 USD: Major range resistance; flipping this level is crucial.
Primary Target:
$6.16 USD (+342%) aligns with the measured move from the accumulation range.
All-time High Zone:
$7.91-$7.96 USD: A long-term target if bullish momentum sustains.
Risk-Reward
Stop Loss: Placed below $1.88 (Spring low) to manage downside risk.
Risk-Reward Ratio: A favorable 13.79x, making this setup highly lucrative for disciplined traders.
The Vision of Lord MEDZ
“In accumulation, the wise prepare. The spring signals the brave. When strength returns, greatness is inevitable. Let the market rise to meet us.”
PinLink has laid the foundation. Now, we wait for confirmation and follow the momentum to $6.16 and beyond. Stay vigilant.
Lord MEDZ
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.
Lord MEDZ
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.