I don’t have much to say — it’s pretty straightforward.
We’ve got two potential structures on the chart:
✅ First, the symmetrical triangle that already broke out, aiming for a target around $958 to $1,000.
✅ Then we’ve got the “Adam & Eve” structure (gotta flex sometimes 😎), see it as a cup & handle pattern, aiming for a crazy $1,500 target. This one hasn’t broken out yet — but if the first triangle breakout plays out fully, it basically sets the stage for this one to break out too.
Some quick facts:
The bounce zone around ~$245 is a huge multi-timeframe confluence level.
Volume profile support is literally chilling right at $245.
Multiple moving averages are backing this move, even on lower timeframes than the "1M"
Triangle retest? Check.
0.786 fib support? Check.
(And to name a few)
Overall, the chart looks Fine to me.
Negative news might affect the short term, but the trend should stay intact.
Unless the macro changes.
That's it, that's the idea" - Good night !
We’ve got two potential structures on the chart:
✅ First, the symmetrical triangle that already broke out, aiming for a target around $958 to $1,000.
✅ Then we’ve got the “Adam & Eve” structure (gotta flex sometimes 😎), see it as a cup & handle pattern, aiming for a crazy $1,500 target. This one hasn’t broken out yet — but if the first triangle breakout plays out fully, it basically sets the stage for this one to break out too.
Some quick facts:
The bounce zone around ~$245 is a huge multi-timeframe confluence level.
Volume profile support is literally chilling right at $245.
Multiple moving averages are backing this move, even on lower timeframes than the "1M"
Triangle retest? Check.
0.786 fib support? Check.
(And to name a few)
Overall, the chart looks Fine to me.
Negative news might affect the short term, but the trend should stay intact.
Unless the macro changes.
That's it, that's the idea" - Good night !
İlgili yayınlar
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.
İlgili yayınlar
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.