Technical Analysis:
The price is trading within a Falling Wedge pattern, a formation that typically leads to a bullish breakout. However, confirmation is needed. A breakout above the upper trendline could trigger a rally toward $575 resistance, while a bearish breakdown may lead to further downside toward $300 support.
Momentum indicators remain neutral, with RSI-14 in a balanced range (between 30 and 70), suggesting no extreme overbought or oversold conditions.
Entry Zone:
Bullish Scenario: Enter on a confirmed breakout above the Falling Wedge, targeting $575.
Bearish Scenario: A breakdown below the wedge could push price down to $300.
Targets (Take Profit):
TP1: $575 (+30%).
TP2: $675 (if momentum sustains).
Stop Loss:
Below $290
This notification constitutes a marketing communication. The information provided does not constitute a recommendation, offer, or solicitation to buy or sell any crypto-asset. It is not intended as investment advice, and no consideration has been given to the specific investment objectives, financial situation, or individual needs of any recipient. Any decision to act on the information provided is made at the sole discretion of the recipient. SwissBorg disclaims any liability for losses arising from the use of this material. Recipients should consult their own professional advisors before making investment decisions.
The price is trading within a Falling Wedge pattern, a formation that typically leads to a bullish breakout. However, confirmation is needed. A breakout above the upper trendline could trigger a rally toward $575 resistance, while a bearish breakdown may lead to further downside toward $300 support.
Momentum indicators remain neutral, with RSI-14 in a balanced range (between 30 and 70), suggesting no extreme overbought or oversold conditions.
Entry Zone:
Bullish Scenario: Enter on a confirmed breakout above the Falling Wedge, targeting $575.
Bearish Scenario: A breakdown below the wedge could push price down to $300.
Targets (Take Profit):
TP1: $575 (+30%).
TP2: $675 (if momentum sustains).
Stop Loss:
Below $290
This notification constitutes a marketing communication. The information provided does not constitute a recommendation, offer, or solicitation to buy or sell any crypto-asset. It is not intended as investment advice, and no consideration has been given to the specific investment objectives, financial situation, or individual needs of any recipient. Any decision to act on the information provided is made at the sole discretion of the recipient. SwissBorg disclaims any liability for losses arising from the use of this material. Recipients should consult their own professional advisors before making investment decisions.
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。