hello guys.
Key Observations:
Ascending Triangle Breakout: The chart depicts a bullish ascending triangle pattern, which has successfully broken above resistance at approximately $2,980. This is a strong continuation signal.
Fibonacci Retracement and Extensions:
Price cleared the 0.618 Fibonacci level near $2,850, confirming bullish momentum.
Key resistance levels are located at $3,895 (0.33 Fibonacci retracement) and $4,410 (0.66 Fibonacci retracement), acting as mid-to-long-term targets.
Potential Pullback Zone: The breakout retest area near $2,880 provides a potential re-entry point for buyers if the price corrects.
Target Projections:
The immediate target for the breakout is around $3,500.
Higher levels beyond $4,000 are possible with sustained momentum and increased volume.
Key Observations:
Ascending Triangle Breakout: The chart depicts a bullish ascending triangle pattern, which has successfully broken above resistance at approximately $2,980. This is a strong continuation signal.
Fibonacci Retracement and Extensions:
Price cleared the 0.618 Fibonacci level near $2,850, confirming bullish momentum.
Key resistance levels are located at $3,895 (0.33 Fibonacci retracement) and $4,410 (0.66 Fibonacci retracement), acting as mid-to-long-term targets.
Potential Pullback Zone: The breakout retest area near $2,880 provides a potential re-entry point for buyers if the price corrects.
Target Projections:
The immediate target for the breakout is around $3,500.
Higher levels beyond $4,000 are possible with sustained momentum and increased volume.
הערה
eth towards the target!!!עסקה סגורה: היעד הושג
the first target has been achieved!
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
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My recommended Exchange -> YEX: bit.ly/YEX-M
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.