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Axelar

Axelar breaking upward from symmetrical triangle

174
Horizontal green trendline and 200ma(blue line) likely to act as resistance on the way to the target. *not financial advice*
Note
As often happens price reversed for a second dip back inside the triangle and has since broken back above. There is no room left in the triangle to dip back into it this time, so odds are good this is the breakout. Measured move line and price target need readjusted slightly lower to the second breakout point
Note
Considering that the breakout point of this pattern happened slightly lower than where the measured move line was originally placed, we can declare price has hit 100% of the target. Target hit!
DrDovetail
1daychart200maaxelarAXLAXLUSDbullishbreakoutChart PatternsDaily ChartsSymmetrical TriangleTrend Analysis

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
1daychart200maaxelarAXLAXLUSDbullishbreakoutChart PatternsDaily ChartsSymmetrical TriangleTrend Analysis
DrDovetail

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.