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- Is this the time?
Chart Recap
🔍 Pattern:
Price formed a falling wedge pattern, which typically signals a potential bullish reversal.
A large W-shaped double bottom pattern is highlighted at the wedge's base, adding strength to the bullish thesis. Can this be the awaited bottom?
🟢 Accumulation & Support Zone:
"DISCOUNT ZONE" is marked near $0.0547, aligned with the wedge support.
Repeated touches at this level suggest strong buyer interest — also called "MY NAME IS PEAQ" and "LOADING EVERYWHERE"
🚀 Bullish Scenario & Targets:
If the wedge breakout plays out:
TP1: $0.0923 – early target near the local range high.
TP2: $0.1618 – aligns with the 0.382 Fib level.
Labeled as “LOADING EVERYWHERE”
TP3: $0.4618 – near the 0.618 retracement.
“THERE IS NO GOING BACK NOW”
TP4: $0.7556 – previous swing high.
“GET READY FOR LIFT-OFF”
TP5: $3.5650 – long-term Fib extension target (1.618).
Ultimate moonshot-level target.
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.
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.