Title: DIA/USDT Consolidation Break
Bias: Bullish
Description: DIA shows strength, trading above SMA lines. An ascending triangle pattern suggests accumulation.
Direction: Anticipate a breakout.
Entry: Above $0.2943 (24 SMA).
Stop Loss: Below $0.2743 (pattern base).
Targets: $0.3130 (resistance), $0.3200 (extended).
Caution: A drop below the triangle pattern would be bearish, invalidating the setup. Watch RSI for momentum shifts.
Bias: Bullish
Description: DIA shows strength, trading above SMA lines. An ascending triangle pattern suggests accumulation.
Direction: Anticipate a breakout.
Entry: Above $0.2943 (24 SMA).
Stop Loss: Below $0.2743 (pattern base).
Targets: $0.3130 (resistance), $0.3200 (extended).
Caution: A drop below the triangle pattern would be bearish, invalidating the setup. Watch RSI for momentum shifts.
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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.
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.