Analysis:



1. Target and Prices


• Main target: If the rising formation on the chart is completed, the price is likely to reach the 7-9 USD range.


• Intermediate target: Testing the resistance zones at 4.50-5.00 USD levels.


• Long-term target: If the formation is broken completely, higher levels of 10-12 USD can be reached.



2. Support and Resistance Levels


• Support Levels:


• 2.50-2.60 USD: Critical support zone, if this area is lost the formation may be disrupted.


• 3.00 USD: There is a high probability that it will be tested as a new support point.


• Resistance Levels:


• 4.20-4.50 USD: Main resistance zone.


• 7.00 USD: First barrier of the long-term main target.



3. Indicators


• RSI (Relative Strength Index): It may be approaching the overbought region. A correction signal may occur that should be noted.


• Moving Averages: The price is trading above the 50 and 200-day moving averages, suggesting support for the uptrend.


• MACD: Being in positive territory indicates that the upward momentum continues.



4. Formations and Formation Reversals


• Breakout Formation: The long-standing downtrend seems to have been broken.


• Ascending Triangle: There is a clearly rising triangle formation on the chart. When the upper resistance zone is broken, the price is likely to move up rapidly.


• Reverse Head and Shoulders (TOBO): There is a formation formation that means the reversal of the downtrend.



5. Trend Direction


• Main Trend: Uptrend. The falling channel has been broken and the price has started to move upwards.


• Subtrend: The uptrend is maintained, with intermediate correction movements.



6. Strategy


1. Purchase Strategy:


• When support is tested at 2.80-3.00 USD levels, gradual purchases can be made.


• If the 4.20 USD resistance is broken, purchases can be increased.


2. Sales Strategy:


• Profit taking can be done at levels of 4.50 USD and 7.00 USD.


• If the price falls below 2.50 USD, positions should be closed at the stop loss level.


3. Risk Management:


• It would be logical to limit the risk per trade to 2%.


• Stop-loss: Must be below 2.50 USD.



Conclusion



The chart generally presents a positive outlook. The uptrend is supported and with the confirmation of the formations, the price is expected to continue its upward movement. However, attention should be paid to important resistance areas and profit taking points should be evaluated well.