🔍
✅ Trade Type: Long (Bullish Setup)
📍 Entry:
Around $0.06604, confirmed by:
Bullish breakout from a mini triangle pattern.
Price bouncing above ascending support (pink trendline).
Holding above yellow horizontal zone = former resistance turned support.
🛑 Stop-Loss (SL):
$0.06557
Below the ascending trendline and recent structure low.
🎯 Take-Profit (TP) Levels:
TP1: $0.06667 (red line – resistance zone)
TP2: $0.06754 (green line – swing high resistance)
📈 Risk-to-Reward Ratio:
Excellent setup, close to 1:3, depending on entry and slippage.
🧠 Technical Notes:
Price consolidating near resistance after a strong impulse (bullish flag/triangle).
Volume compression before breakout is typical of continuation patterns.
Strong base forming around the white line before launch.
✅ Trade Type: Long (Bullish Setup)
📍 Entry:
Around $0.06604, confirmed by:
Bullish breakout from a mini triangle pattern.
Price bouncing above ascending support (pink trendline).
Holding above yellow horizontal zone = former resistance turned support.
🛑 Stop-Loss (SL):
$0.06557
Below the ascending trendline and recent structure low.
🎯 Take-Profit (TP) Levels:
TP1: $0.06667 (red line – resistance zone)
TP2: $0.06754 (green line – swing high resistance)
📈 Risk-to-Reward Ratio:
Excellent setup, close to 1:3, depending on entry and slippage.
🧠 Technical Notes:
Price consolidating near resistance after a strong impulse (bullish flag/triangle).
Volume compression before breakout is typical of continuation patterns.
Strong base forming around the white line before launch.
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.