• As observed, there has been a recent development on the 4-hour TIA chart, indicating the formation of a triangle.
• In the last few candles, a breakout has occurred through the triangle's upper boundary.
• It is important to note, however, that the consolidating candles are not yet formed.
• Therefore, it is reasonable to expect a pullback in this vicinity.
• Following the pullback, a continuation of the upward price movement is anticipated.
(All analyses will be updated)
This analysis is informational, not financial advice.
• In the last few candles, a breakout has occurred through the triangle's upper boundary.
• It is important to note, however, that the consolidating candles are not yet formed.
• Therefore, it is reasonable to expect a pullback in this vicinity.
• Following the pullback, a continuation of the upward price movement is anticipated.
(All analyses will be updated)
This analysis is informational, not financial advice.
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Join our channel:
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🔵 t.me/monocoin_public
🟠 t.me/monocoin_public
🔵 t.me/monocoin_public
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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.