CORE Rectangle Breakout

16 Nis

COREUSDT appears to be breaking out of a 2 1/2 months long rectangle, and is currently challenging the 100-day EMA.

Confirmation: Daily close above $0.58
Invalidation: Break back below the rectangle resistance
Target: Previous support at $0.77 (resistance reinforced by 200-day EMA)

17 Nis

İşlem aktif

Breakout confirmed. Watch for a retest of the resistance as support for a potential additional entry opportunity.

17 Nis

Not

Resistance retest as support is in, and it offered a very good R/R entry.
Here's a 1H chart zoom-in.

28 Nis

İşlem kapandı: hedefe ulaştı

CORE target reached.