MOVEMENT BULLISH MOMENTUM!!!
The MOVE/USDT chart shows an interesting price action. After completing an accumulation phase within the consolidation zone (highlighted in purple), the price successfully broke out to the upside, creating a Break of Structure (BOS) that signals a shift to a bullish trend. Currently, the price is retesting the yellow line (breakout zone), which now acts as a new support level.
If this retest holds and the price stays above the yellow line, there's strong potential for further upside with Fibonacci Extension targets:
- 127.20% (1.2891 USDT) as the first target,
- 161.80% (1.5178 USDT) as the second target, and
- 261.80% (2.4332 USDT) as the extended bullish target if momentum continues to build.
However, if the price fails to hold this support, a deeper correction could occur before resuming the uptrend. Keep an eye on this retest area to confirm the breakout. 🚀 #MOVEUSDT #CryptoAnalysis #Breakout hf
If this retest holds and the price stays above the yellow line, there's strong potential for further upside with Fibonacci Extension targets:
- 127.20% (1.2891 USDT) as the first target,
- 161.80% (1.5178 USDT) as the second target, and
- 261.80% (2.4332 USDT) as the extended bullish target if momentum continues to build.
However, if the price fails to hold this support, a deeper correction could occur before resuming the uptrend. Keep an eye on this retest area to confirm the breakout. 🚀 #MOVEUSDT #CryptoAnalysis #Breakout hf
İşlem aktif
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.
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.