PENDLEUSDT 5DPENDLE Update ~ 5D
#PENDLE In the 5D Time Frame it forms a rounding bottom pattern. If you still have Conviction on this coin, Buy gradually after breaking through this resistance block. New highs are only a matter of time.
Pendlesignals
PENDLE target 74h time frame
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Entry: $3.7
TP: $7
SL: $3.03
RR: 4.93
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(1) Completed first wave; Doing second wave; Ready for third wave (Refer to following link)
(2) Big bottom head and shoulders pattern is creating
(3) Got support twice at fib projection 0.618, but be careful the possibility to reach 0.5
(4) Target for fib projection is $7
(5) Stop loss once going below $3.03
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Previous Analysis-PENDLE reached target
PENDLEUSDTPENDLE ~ 3D ✅
#PENDLE On the 3D Time Frame a Bullish Pennant Pattern is formed.
✅ Make purchases gradually in this pattern. with a minimum target of 20%+
PENDLE target 4.66(short-term)4h time frame
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Entry: $2.7
TP: $4.66
SL: $2.15
RR: 3.56
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(1) Potential bullish flag on 4h
(2) Got support around Fib 0.382, high possibility reach 1.618 if stop falling here
(3) Fib 1.618 is also overlapped with structural resistance at $4.66
(4) Stop loss once going below $2.1
PENDLE target 8.9712h time frame
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TP: $8.97
SL: $4.49
RR: 8.76
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(1) Convergence pattern is be building. *two potential support lines
(2) 0.382 fibonacci projection at $3.8
(3) Target matches fibonacci projection_0.382 & fibonacci extension_2.618
(4) Stop loss while triangle bottom got breaking down
PENDLEUSD 3DPENDLE ~ 3D
#PENDLE Buy after successfully breaking the Resistance Line on this pattern or buy on retest of $3.85 support. Minimum target 20%+
PENDLEUSD Strong Buy Signal. Target $12.Pendle (PENDLEUSD) is on a short-term pull-back after the 1D RSI got overbought above 70.00. This is consistent with all previous times the RSI got that overbought but against common sentiment, which would suggest exhaustion of the bullish trend, that was a signal to buy halfway through the Bullish Leg.
As you can see on the two Legs before, that signal emerged at around 50% of the uptrend. As a result, we expect at least $12.000 before the next consolidation.
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