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$PNUT Bullish Breakout Alert 🚀 Targets mentioned in the previous post 🚀
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$HBAR Technical Analysis Current Scenario: * Resistance Levels: $HBAR is currently facing resistance from both the horizontal level at 0.07904 and the 200-day Moving Average (MA). * Potential Dip: A potential pullback to the 7-day MA near 0.06000 could provide a favorable entry point for a bullish move. Trading Strategy: * Entry: Consider buying below 0.06800 - 0.06000. * Stop-Loss: Place a stop-loss at 0.05658. * Targets: 0.07904, 0.09319 , 0.10000 , 0.11869
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$BTC Update The price lost support from the first yellow line. The 85K region is acting as support now. We can expect a bounce from this region. If it fails to hold the 85K level, we may see a huge drop to 74K. So be prepared for anything. Do you vote for 100K or 74K ? COMMENT YOUR OPINION 🤝
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$PNUT breakout Alert ⚠️ Chart Patterns: - Symmetrical Triangle: The chart shows a symmetrical triangle pattern, indicated by the converging trend lines. This pattern suggests a period of consolidation before a breakout, which could be either bullish or bearish depending on the direction of the breakout Analysis: - Trend: The price is currently below the MA(25) but above the MA(7), which might imply short-term downward momentum against a slightly longer-term support level. - Pattern Implication: The symmetrical triangle could lead to a significant move once the price breaks out of the pattern. Look for increased volume as a confirmation of the breakout direction. Potential Scenarios: - Bullish Breakout: If the price breaks above the upper trend line of the triangle, it could targets 2, 2.1 , 2.2 , 2.5 or higher, depending on momentum. - Bearish Breakout: A break below the lower trend line might see the price test the 24h low at 1.53707 or lower Conclusion: The PNUT chart shows a consolidation phase with potential for significant movement upon breakout from the symmetrical triangle pattern. Traders should watch for a breakout with accompanying volume for confirmation of the next trend direction.
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$HBAR Technical Analysis Current Scenario: * Resistance Levels: $HBAR is currently facing resistance from both the horizontal level at 0.07904 and the 200-day Moving Average (MA). * Potential Dip: A potential pullback to the 7-day MA near 0.06000 could provide a favorable entry point for a bullish move. Trading Strategy: * Entry: Consider buying below 0.06750 - 0.06000. * Stop-Loss: Place a stop-loss at 0.05658. * Targets: 0.07904, 0.09319 , 0.10000 , 0.11869
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