🚀 AI Breaks Out of Channel, Forms Bullish Cup and Handle!
💎 Paradisers, #AI has broken out of the descending channel and formed a cup and handle pattern, which increases the likelihood of a bullish move.
💎 If #AIUSDT breaks above the resistance level, we can expect a bullish move up to the next resistance level.
💎 In the case of a pullback, we can anticipate a potential triple bottom pattern from the demand level, so be cautious here. It can provide a good risk-reward (RR) long setup from this point.
💎 However, in the case of a breakdown of the demand level, it will invalidate all the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
💎 If #AIUSDT breaks above the resistance level, we can expect a bullish move up to the next resistance level.
💎 In the case of a pullback, we can anticipate a potential triple bottom pattern from the demand level, so be cautious here. It can provide a good risk-reward (RR) long setup from this point.
💎 However, in the case of a breakdown of the demand level, it will invalidate all the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
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Follow a team of traders with 10+ years of experience?
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🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.