This chart highlights a potential bullish breakout scenario on HAEDAL/USDT (30min timeframe), following a clean shift in market structure.
After a series of lower highs (LH) and lower lows (LL), price formed a higher low (HL), signaling a possible trend reversal.
A key descending trendline has been broken with momentum, confirming buying interest. (It could be a fake out too so we need to wait for break the recent high)
The price has retraced and is consolidating just under the recent high around $0.1248.
Entry is planned on confirmation of a breakout above this level, with upside potential mapped using Fibonacci retracement.
📌 Key confluences:
• Trendline breakout + retest
• HL formation above 0.382–0.5 Fib zone
• Volume picking up into consolidation
• Clear invalidation level below HL
This is a momentum continuation setup — ideal for breakout traders with clear risk management.
After a series of lower highs (LH) and lower lows (LL), price formed a higher low (HL), signaling a possible trend reversal.
A key descending trendline has been broken with momentum, confirming buying interest. (It could be a fake out too so we need to wait for break the recent high)
The price has retraced and is consolidating just under the recent high around $0.1248.
Entry is planned on confirmation of a breakout above this level, with upside potential mapped using Fibonacci retracement.
📌 Key confluences:
• Trendline breakout + retest
• HL formation above 0.382–0.5 Fib zone
• Volume picking up into consolidation
• Clear invalidation level below HL
This is a momentum continuation setup — ideal for breakout traders with clear risk management.
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.