PENDLEUSDT is currently trading within an upward channel. Yesterday, the price pulled back to the channel support and formed a bullish engulfing candle, indicating potential continuation of the uptrend. A move toward the channel resistance appears likely.
A long trade can be considered with a stop-loss at 3.5.
A long trade can be considered with a stop-loss at 3.5.
Note
book partially and wait if the resistance brokes ?Note
Resistance broke likely to go near 7 Trade closed: target reached
Note
The Day candle should close above the trendline to validate the breakup of this résistance level.Note
The price may reverse from here to target 7 around Note
as expected haaa haaaa :) 
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.