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Marlin POND - Very bullish pattern! +150% in few days + Triangle
POND / TetherUS
Viés de alta
Marlin POND - Very bullish pattern! +150% in few days + Triangle
Por UnknownUnicorn2537518
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18 de jul. de 2022
1
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18 de jul. de 2022
This altcoins has an amazing trade setup for bulls!
On the daily chart we can see an ascending triangle, the most bullish chart pattern and we are close to a breakout.
As per my Elliott waves analysis, the impulse (5-3-5-3-5) has been completed, so we can expect an ABC retracement now.
On the log scale the price is printing an descending channel and this is a nice profit target for our trade.
This will be a quick trade that can take just a few days.
You can buy a breakout above the triangle, If you want to increase the probability of success.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
Ascending Triangle
Bearish Trend Line
Bullish Rectangle
Descending Channel
Elliott Wave
Falling Wedge
PONDBTC
pondusd
PONDUSDT
Support and Resistance
Volume
Zigzag
UnknownUnicorn2537518
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