BRETTUSDT has been consolidating within a symmetrical triangle for several months, showing strong compression between ascending support and descending resistance. Recently, price action has started to break above the resistance trendline, signaling a possible bullish continuation. With moving averages turning supportive and volume profile showing a low-resistance zone above, this breakout could trigger a strong move higher.
Key Points:
- Pattern: Symmetrical triangle consolidation since April.
- Support: Strong base around 0.045 USDT (stop-loss zone).
- Resistance Breakout: Price breaking above 0.058 level.
- Volume Profile: Thin liquidity gap above, could accelerate upside.
- Target Zone: 100%-200% move in midterm
- Moving Averages: Price reclaiming 50 & 100 EMA, confirming bullish momentum.
Cheers
Hexa
Key Points:
- Pattern: Symmetrical triangle consolidation since April.
- Support: Strong base around 0.045 USDT (stop-loss zone).
- Resistance Breakout: Price breaking above 0.058 level.
- Volume Profile: Thin liquidity gap above, could accelerate upside.
- Target Zone: 100%-200% move in midterm
- Moving Averages: Price reclaiming 50 & 100 EMA, confirming bullish momentum.
Cheers
Hexa
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
