Long
FRONT/USDT Long
FRONT/USDT looks to be leaving a bull pennant that
has been forming for a bit over a week.
Price has dipped in to the blue accumulation zone.
If/when it leaves that zone to the upside and confirms
the bull pennant breakout,
this could be a fruitful play with a pennant
long term target at
$10.26
with resistance stops that are necessary to
flip along the way at the Fib retracement lines
in order to add conviction that this target can be
reached.
It is also necessary to flip the MA30, EMA100 and
EMA200 in order to consider this hefty target
elsewise this bullish argument is moot.
Frontier Wallet is a one stop shop project
aiming to increase convenience in the DeFi world
allowing for quicker more fluid personal transactions
by giving you the ability to manage your own
addresses and stake, exchange or swap assets
all in one place.
has been forming for a bit over a week.
Price has dipped in to the blue accumulation zone.
If/when it leaves that zone to the upside and confirms
the bull pennant breakout,
this could be a fruitful play with a pennant
long term target at
$10.26
with resistance stops that are necessary to
flip along the way at the Fib retracement lines
in order to add conviction that this target can be
reached.
It is also necessary to flip the MA30, EMA100 and
EMA200 in order to consider this hefty target
elsewise this bullish argument is moot.
Frontier Wallet is a one stop shop project
aiming to increase convenience in the DeFi world
allowing for quicker more fluid personal transactions
by giving you the ability to manage your own
addresses and stake, exchange or swap assets
all in one place.
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.