After months of consolidation, PENDLE appears ready to break out of its weekly range.
RSI breakout: Momentum has finally pushed through a long-term descending trendline — a potential shift in trend strength.
Technical structure: Clear higher lows, repeated resistance tests — bulls may be gaining control.
Key Fibonacci levels:
0.618 reclaimed ($5.12),
Next potential targets: $6.50 – $10.19 (1.618 extension),
Higher extensions: $15.24 and $20.30 if bullish momentum continues.
If this breakout confirms with a strong weekly close, PENDLE could enter a new trend phase and aim for price discovery.
RSI breakout: Momentum has finally pushed through a long-term descending trendline — a potential shift in trend strength.
Technical structure: Clear higher lows, repeated resistance tests — bulls may be gaining control.
Key Fibonacci levels:
0.618 reclaimed ($5.12),
Next potential targets: $6.50 – $10.19 (1.618 extension),
Higher extensions: $15.24 and $20.30 if bullish momentum continues.
If this breakout confirms with a strong weekly close, PENDLE could enter a new trend phase and aim for price discovery.
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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.
🚀Get free crypto signals, strategies, market insights & tools I personally use.
📌 t.me/cryptolvke
📌 t.me/cryptolvke
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.