Previously, the price formed a falling wedge pattern and broke out to the upside, resulting in a notable gain of 27%.
Currently, the price is just below a critical resistance level. A break above this level could push the price to at least $0.425.
It’s wise to monitor this setup closely if you want to capitalize on the next upward movement!
The idea is to buy when the price breaks above 0.411$ and take profits at the levels shown in the chart.
Targets:
1. 0.425$
2. 0.45$
3. 0.47$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!