1000CHEEMS has been consolidating within a symmetrical triangle pattern over the past 100 days, indicating strong accumulation and decreasing volatility. Recently, price action reclaimed the key $0.014 support level and is holding firmly above it.
A confirmed breakout above the triangle resistance could trigger a parabolic move, with the green box acting as the launch zone for the next major leg up.
Key Highlights:
Symmetrical triangle formation – 100 days of consolidation
Strong reclaim and hold of $0.014 support
Breakout confirmation to initiate bullish momentum
Green box signals potential breakout zone
🚀 Upon breakout, expect rapid upside movement toward higher targets.
A confirmed breakout above the triangle resistance could trigger a parabolic move, with the green box acting as the launch zone for the next major leg up.
Key Highlights:
Symmetrical triangle formation – 100 days of consolidation
Strong reclaim and hold of $0.014 support
Breakout confirmation to initiate bullish momentum
Green box signals potential breakout zone
🚀 Upon breakout, expect rapid upside movement toward higher targets.
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.