$CRYPTOCAP:AUCTION Analysis
📊 Weekly Timeframe:
✅ Falling Wedge Breakout – Resulted in a 393% pump, followed by a 70% correction.
⚡ Key Levels to Watch:
🔽 Support Zones:
- $16.5 - $17.5 could act as a key support area.
- Possibility of retesting the wedge’s upper support around $12.
🔼 Bullish Reversal:
- Price needs to stay above $23 - $25 for a potential reversal.
👀 Watch for price action confirmation at support levels!
📊 Weekly Timeframe:
✅ Falling Wedge Breakout – Resulted in a 393% pump, followed by a 70% correction.
⚡ Key Levels to Watch:
🔽 Support Zones:
- $16.5 - $17.5 could act as a key support area.
- Possibility of retesting the wedge’s upper support around $12.
🔼 Bullish Reversal:
- Price needs to stay above $23 - $25 for a potential reversal.
👀 Watch for price action confirmation at support levels!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I share more in my court
Join me on X: x.com/Coin_Mastermind
Join me on Telegram: t.me/coin_mastermind
Join me on X: x.com/Coin_Mastermind
Join me on Telegram: t.me/coin_mastermind
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.