POPCAT Looks Bullish (12H)

465
At the bottom, a 3D pattern can be seen, which indicates that the downtrend had ended.

Now, after a strong break of the trigger line, it seems that the price is aiming to form a bullish 3D pattern.

The green zone is the area from which the price may initiate the third drive.

The targets are marked on the chart.

A daily candle closing below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

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.