Tolberti

Marlin POND - Very bullish pattern! +150% in few days + Triangle

Lång
BINANCE:PONDUSDT   POND / TetherUS
  • This altcoins has an amazing trade setup for bulls!
  • On the daily chart we can see an ascending triangle, the most bullish chart pattern and we are close to a breakout.
  • As per my Elliott waves analysis, the impulse (5-3-5-3-5) has been completed, so we can expect an ABC retracement now.
  • On the log scale the price is printing an descending channel and this is a nice profit target for our trade.
  • This will be a quick trade that can take just a few days.
  • You can buy a breakout above the triangle, If you want to increase the probability of success.
  • Look at my ideas about interesting altcoins in the related section down below ↓
  • For more ideas please hit "Like" and "Follow"!

Liknande idéer

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.