XCN/USD Triangle Breakout – Bullish Momentum Loading!

🟢 Trade Type: Long (Buy Setup)
Pair: XCN/USD (Onyxcoin vs US Dollar)

Current Price: $0.02007

Timeframe: 30-Minute Chart

🔍 Technical Setup
Pattern: Symmetrical triangle breakout (bullish bias confirmed)

Entry Point: Just after breakout (highlighted with a yellow circle)

Price Action: Clean breakout above triangle resistance + bullish candle close

Volume: Starting to rise – a good sign for momentum

🎯 Targets & SL
Take-Profit (TP):

TP1: $0.02088 (minor resistance)

TP2: $0.02202 (major resistance zone)

Stop-Loss (SL):

Below recent swing low support: $0.01935

⚖️ Risk-to-Reward (R:R)
Estimated R:R: Over 2:1, offering solid reward if breakout holds

Support Zone: Strong horizontal support at $0.01935 and rising trendline

🧠 Trade Logic
Breakout from consolidation triangle → continuation likely

Tight stop below structure → limited downside

Profit zones clearly defined with historical resistance