The SEIUSDT trading pair has completed a 'Cup and Handle' pattern, with the price target for the handle portion now attained.
Consequently, this price level has transitioned into a significant support zone. It is advisable to consider this level as the strategic re-accumulation area, or buy back zone.
The ultimate price objective of the pattern, which is commensurate with the vertical depth of the Cup, is delineated on the accompanying chart.
Your feedback and comments on our analysis are appreciated.
Thank you.
Consequently, this price level has transitioned into a significant support zone. It is advisable to consider this level as the strategic re-accumulation area, or buy back zone.
The ultimate price objective of the pattern, which is commensurate with the vertical depth of the Cup, is delineated on the accompanying chart.
Your feedback and comments on our analysis are appreciated.
Thank you.
Trade attivo:
Going as expected
Trade attivo
Trade chiuso: obiettivo raggiunto
Trade attivo:
Following the attainment of the immediate setup target, we observed price consolidation within a narrow range. A breakout from this range could signal a continuation of the bullish trend.
Trade attivo
Trade attivo:
Handle support level holding firm
Trade attivo:
SEI is currently trading within a potential rising wedge formation. The next action to watch for is an upward move towards the indicated target.
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