🔍 1. Technical Pattern:
The chart shows a descending wedge (orange lines) that has broken out upward.
The breakout occurred on increasing volume (a signal of bullish strength).
The price is currently trading above a resistance line, which is now acting as support (~1980 USDT).
📊 2. Support and Resistance Levels:
Support (red lines):
1903 USDT – local consolidation support.
1801 USDT – strong support at the previous bottom.
1727 and 1632 USDT – fallback zones in case of strong declines.
Resistance (green and blue lines):
2120 USDT – first target after the breakout.
2168 USDT – another strong resistance from the previous consolidation.
2312 USDT – high resistance, potential target if the uptrend continues.
📈 3. Indicators:
🔹 Stochastic RSI:
Close to the overbought zone, but not yet giving a sell signal.
A short consolidation or correction may occur in the coming hours.
🔹 MACD:
The MACD line is above the signal and the histogram is still rising – a buy signal.
No signs of weakening momentum.
🔹 RSI:
The RSI is rising, but not yet in the overbought zone (>70).
Shows the strength of the trend, but there is room for further upward movement.
🧠 Summary and scenarios:
✅ Bullish scenario:
If the price remains above 1980 USDT, the next targets are:
2120 USDT
2168 USDT
Potentially 2312 USDT with continued demand
⚠️ Bearish scenario (less likely at this time):
If the price returns below 1980 USDT and does not regain this level:
Possible return to 1903 or lower (1801 USDT).
The chart shows a descending wedge (orange lines) that has broken out upward.
The breakout occurred on increasing volume (a signal of bullish strength).
The price is currently trading above a resistance line, which is now acting as support (~1980 USDT).
📊 2. Support and Resistance Levels:
Support (red lines):
1903 USDT – local consolidation support.
1801 USDT – strong support at the previous bottom.
1727 and 1632 USDT – fallback zones in case of strong declines.
Resistance (green and blue lines):
2120 USDT – first target after the breakout.
2168 USDT – another strong resistance from the previous consolidation.
2312 USDT – high resistance, potential target if the uptrend continues.
📈 3. Indicators:
🔹 Stochastic RSI:
Close to the overbought zone, but not yet giving a sell signal.
A short consolidation or correction may occur in the coming hours.
🔹 MACD:
The MACD line is above the signal and the histogram is still rising – a buy signal.
No signs of weakening momentum.
🔹 RSI:
The RSI is rising, but not yet in the overbought zone (>70).
Shows the strength of the trend, but there is room for further upward movement.
🧠 Summary and scenarios:
✅ Bullish scenario:
If the price remains above 1980 USDT, the next targets are:
2120 USDT
2168 USDT
Potentially 2312 USDT with continued demand
⚠️ Bearish scenario (less likely at this time):
If the price returns below 1980 USDT and does not regain this level:
Possible return to 1903 or lower (1801 USDT).
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.