This coin is showing very interesting development, and the market maker seems to be painting clear structural patterns.
🔷 Macro Structure: Rising Triangle
On the higher timeframes, we can clearly see a rising triangle formation taking shape. If this pattern breaks out to the upside, the potential measured move suggests a target of up to ~2,500% from current levels.
📊 Chart Overview
Wide zones = key support and resistance
Former resistance often becomes support after a breakout
All target levels and zones are clearly marked on the chart
⚠️ Risk Warning & Realistic Scenario
Be mindful of market behavior:
Often before a bullish breakout, we see a fake breakdown — a trap to liquidate early longs — followed by a return into the triangle and a strong move upward. Don’t rush. Let the pattern confirm itself.
💡 Plan Accordingly
If you're already in, consider protecting your position with a stop-loss
Don’t overleverage, and take profit partially on strong levels
🔷 Macro Structure: Rising Triangle
On the higher timeframes, we can clearly see a rising triangle formation taking shape. If this pattern breaks out to the upside, the potential measured move suggests a target of up to ~2,500% from current levels.
📊 Chart Overview
Wide zones = key support and resistance
Former resistance often becomes support after a breakout
All target levels and zones are clearly marked on the chart
⚠️ Risk Warning & Realistic Scenario
Be mindful of market behavior:
Often before a bullish breakout, we see a fake breakdown — a trap to liquidate early longs — followed by a return into the triangle and a strong move upward. Don’t rush. Let the pattern confirm itself.
💡 Plan Accordingly
If you're already in, consider protecting your position with a stop-loss
Don’t overleverage, and take profit partially on strong levels
Related publications
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.
Related publications
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.