This chart shows a clear ascending triangle breakout on the weekly timeframe
Strong resistance around $13, tested multiple times (red arrows).
Rising trendline support (green arrows), forming the ascending base.
A large volume surge (highlighted by orange arrow) on the breakout candle, validating institutional interest and confirming the pattern.
The measured move projection targets a rally toward $41.28, representing a potential 268% upside from the breakout zone.
This structure suggests a bullish continuation, provided the price holds above the breakout zone ($11.13–$13.00).
Strong resistance around $13, tested multiple times (red arrows).
Rising trendline support (green arrows), forming the ascending base.
A large volume surge (highlighted by orange arrow) on the breakout candle, validating institutional interest and confirming the pattern.
The measured move projection targets a rally toward $41.28, representing a potential 268% upside from the breakout zone.
This structure suggests a bullish continuation, provided the price holds above the breakout zone ($11.13–$13.00).
Trade attivo
Great Breakout with Volume! Lets Go!
Nota
Dont chase price . Wait for a retest of previous resistance . Overbought on the daily but weekly trend is strong . Nota
Look at that 5Day
Don't go against momentum
Nota
Price looks to be exhausted in the near term. Save some for a potential retest of the ascending triangle .
Nota
Are you willing to wait ?
Nota
Price has found strong support above value gap. If price bounces from this support again and breaks upper resistance price will resume uptrend .
Only a daily close below this support will open doors for ascending triangle retest .
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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.