Gridloock
--
Bullish
$ACT
forms the pattern 'rectangle' — consolidation before a powerful movement!
The price is trading steadily in a sideways movement — classic accumulation (range accumulation) with volume concentrated in the middle of the range.
Indicators on the daily and weekly timeframes — neutral or slightly bullish, without clear overbought conditions.
The horizontal support zone at $0.043–$0.044, resistance — around $0.047–$0.045. A breakout — an important signal.
My view:
The rectangle formation indicates preparation for a breakout. The price is compressing — this is the moment when it either moves up or sharply down.
Conclusion: ACT is consolidating. A breakout of the $0.047–$0.050 zone is accompanied by growth — an excellent entry point. A stop can be placed below $0.043.
Targets:
Nearest: $0.055–$0.06
Medium-term: up to $0.08 with sustained interest from bulls.
#BNBBreaksATH #BTCBreaksATH #REVABinanceTGE #ETH5kNext? #ETHRally
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Crypto WODL Answers👇👇👇
forms the pattern 'rectangle' — consolidation before a powerful movement!
The price is trading steadily in a sideways movement — classic accumulation (range accumulation) with volume concentrated in the middle of the range.
Indicators on the daily and weekly timeframes — neutral or slightly bullish, without clear overbought conditions.
The horizontal support zone at $0.043–$0.044, resistance — around $0.047–$0.045. A breakout — an important signal.
My view:
The rectangle formation indicates preparation for a breakout. The price is compressing — this is the moment when it either moves up or sharply down.
Conclusion: ACT is consolidating. A breakout of the $0.047–$0.050 zone is accompanied by growth — an excellent entry point. A stop can be placed below $0.043.
Targets:
Nearest: $0.055–$0.06
Medium-term: up to $0.08 with sustained interest from bulls.
#BNBBreaksATH #BTCBreaksATH #REVABinanceTGE #ETH5kNext? #ETHRally
QR🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁
Crypto WODL Answers👇👇👇
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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