Core DAO / USDTLong
CoreUSDT 4H
Technical Analysis of Core Cryptocurrency
It appears that the classic falling wedge pattern in Core cryptocurrency has been broken. This breakout has been followed by a pullback to the broken level, which could indicate a continuation of the bullish trend.
If the price manages to hold above the support level, the likelihood of further upward movement increases. However, setting a stop-loss is crucial to minimize risks in case the trend reverses.
It appears that the classic falling wedge pattern in Core cryptocurrency has been broken. This breakout has been followed by a pullback to the broken level, which could indicate a continuation of the bullish trend.
If the price manages to hold above the support level, the likelihood of further upward movement increases. However, setting a stop-loss is crucial to minimize risks in case the trend reverses.
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