The chart illustrates a recurring pattern of bullish triangle breakouts followed by explosive 399% price rallies, strongly supported by rising volume and breakout confirmations. Each breakout has occurred after extended consolidation phases forming ascending triangle patterns, a sign of institutional accumulation and bullish continuation.
Key points:
Breakout Zones have led to parabolic price action three times, each move gaining roughly 400%.
Current setup mirrors past behavior: breakout from a descending channel with reclaim of $9.50, the prior ATH and key support, indicating a bullish structural shift.
If the fractal repeats, a 399% move from the current $9.50 zone targets $47.37, aligning with the marked BullFlag target.
The presence of volume surges on breakouts confirms strong market participation, validating each rally.
Risks include failure to hold above the $9.50 breakout zone, or macroeconomic weakness affecting speculative tech.
However, from a pattern-recognition and momentum standpoint, SOUN offers asymmetric upside potential if the structure continues to play out.
Based on historical symmetry and breakout behavior, SoundHound AI appears poised for a continuation of its explosive uptrend, with technical indicators pointing toward a potential quadrupling in price if prior fractal patterns persist.
Key points:
Breakout Zones have led to parabolic price action three times, each move gaining roughly 400%.
Current setup mirrors past behavior: breakout from a descending channel with reclaim of $9.50, the prior ATH and key support, indicating a bullish structural shift.
If the fractal repeats, a 399% move from the current $9.50 zone targets $47.37, aligning with the marked BullFlag target.
The presence of volume surges on breakouts confirms strong market participation, validating each rally.
Risks include failure to hold above the $9.50 breakout zone, or macroeconomic weakness affecting speculative tech.
However, from a pattern-recognition and momentum standpoint, SOUN offers asymmetric upside potential if the structure continues to play out.
Based on historical symmetry and breakout behavior, SoundHound AI appears poised for a continuation of its explosive uptrend, with technical indicators pointing toward a potential quadrupling in price if prior fractal patterns persist.
交易進行
Time to ride this bull once again. 註釋
Don't get left behind .
註釋
Super Long. Keep Accumulating
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。