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.
Pendleusdtperp
PendleUSDT Long IdeaIf Pendle comes to fill the 50% of the 4hr wick which is where the 1hr 50ema sits, I'll attempt a long for 7.12RR towards the nearest available 1D 50% of an unfilled wick, which is at 7.265.
Please, share your opinion on this bias in the comments section. If you take it, let me know.
PENDLEUSDT Bearish Wedge PatternPENDLEUSDT Technical analysis update
PENDLE has formed a Raising wedge pattern on the daily chart, and the price has recently broken below the wedge's support line in day chart. This breakdown suggests potential bearish momentum in the coming days, with a possible decline toward lower support levels.
PENLDEUSDT Bullish Head and Shoulders Pattern.PENDLEUSDT Technical analysis update
PENDLE's price is breaking the inverse head and shoulders neckline on the daily chart, with the 100 and 200 EMAs acting as support for the right shoulder. We can expect a potential bullish move in PENDLE
Buy zone : Below $5.00
Stop loss : $4.40
Take Profit 1: $5.48
Take Profit 2: $6.15
Take Profit 3: $8.00
Regards
Hexa
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%+
PENDLEUSDT Next Target $2.00PENDLEUSDT Technical Analaysis Update
PENDLEUSDT has formed a cup and handle pattern on the daily chart. Now that the price has broken through the cup and handle resistance (neckline), we can expect a 50% move from the current level.
Buy zone : Below $1.23
Stop loss : $1.10
Always Keep StopLoss
Regards
Hexa
