🧠 Breakdown of this setup:
The pattern is an inverse head‑and‑shoulders, signaling a reversal from bearish to bullish momentum.
Technical commentators highlight crucial support near $300, suggesting that’s the fueling station before lift-off
After breaking the neckline, measured upside targets land in the $400–420 zone, fitting that “rocketship” trajectory vibe
🎯 Launch Pad & Destination
Pre‑launch dip: ~$300 sets the inverse H&S bottom.
Ignition point: Breakout above neckline brings liftoff.
Orbit target: ~$420—your mission succesfully completed.
The pattern is an inverse head‑and‑shoulders, signaling a reversal from bearish to bullish momentum.
Technical commentators highlight crucial support near $300, suggesting that’s the fueling station before lift-off
After breaking the neckline, measured upside targets land in the $400–420 zone, fitting that “rocketship” trajectory vibe
🎯 Launch Pad & Destination
Pre‑launch dip: ~$300 sets the inverse H&S bottom.
Ignition point: Breakout above neckline brings liftoff.
Orbit target: ~$420—your mission succesfully completed.
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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.
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.