Price spent several sessions consolidating below the $0.618 resistance zone. This horizontal level has been tested multiple times, building up buy-side liquidity above it.
We're seeing a rounded base formation — a classic bullish continuation pattern. It signals strong demand and positioning by smart money.
If $0.618 gets cleared with volume, we can anticipate rapid upside movement with the following key targets:
🎯 First target: $0.85
🎯 Final target: $1.00 (psychological level and historical supply)
We're seeing a rounded base formation — a classic bullish continuation pattern. It signals strong demand and positioning by smart money.
If $0.618 gets cleared with volume, we can anticipate rapid upside movement with the following key targets:
🎯 First target: $0.85
🎯 Final target: $1.00 (psychological level and historical supply)
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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.
iSmashProfit
Related publications
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.