PORTALUSDT PORTAL/USDT | 4H
Pattern: Cup & Handle (Bullish Continuation)
Status: Handle forming — price consolidating just under resistance. Breakout likely.
Setup Explanation:
$PORTAL is forming a clean Cup & Handle pattern on the 4H timeframe. Price recently rejected from the neckline. This structure indicates potential long swing opportunity.
Below are two entry approaches based on risk appetite.
⸻
Trade Setup Options:
1. Aggressive Entry:
Current market price (~0.0710–0.0720 USDT)
Stop Loss: Below handle 0.0677 / (4H CC)
Invalidation: Break below 0.0670 USDT
2. Safe Entry (Breakout-Retest Confirmation):
Entry: After breakout and 4H CC above 0.0780 USDT, then a successful retest of the breakout zone
Stop Loss: Below retest low
TP: White lines
Risk-Reward:
• Aggressive Entry: Higher risk, earlier profits
• Safe Entry: Lower risk, higher confirmation
Margin: 1-3% of your portfolio.
⸻
Please don’t forget to hit the 🚀 boost button if you like the setup.
Share with others, let’s grow together.
Disclaimer:
This is not financial advice. Trade at your own risk. Always manage your position size and wait for confirmation based on your strategy.
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.
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.