Pair: HEI/USDT ๐ฑ
Timeframe: 6H โฑ๏ธ
Pattern: Symmetrical Triangle Consolidation ๐บ
HEI has been coiling tightly inside a symmetrical triangle since April, with price nearing the apex. This setup usually precedes a strong breakout or breakdown. Momentum is building โ a major move looks imminent ๐๐ฅ.
Bullish Breakout Scenario โ
A 6H candle close above 0.36 confirms breakout:
๐ฏ Target 1: 0.45
๐ฏ Target 2: 0.55
๐ SL: below 0.29 (recent swing low)
Bearish Breakdown Scenario โ
A 6H candle close below 0.31 confirms breakdown:
๐ฏ Target 1: 0.20
๐ฏ Target 2: 0.12
๐ SL: above 0.35 (recent swing high)
โ ๏ธ Wait for confirmation with strong volume โ this move could be sharp and decisive.
Timeframe: 6H โฑ๏ธ
Pattern: Symmetrical Triangle Consolidation ๐บ
HEI has been coiling tightly inside a symmetrical triangle since April, with price nearing the apex. This setup usually precedes a strong breakout or breakdown. Momentum is building โ a major move looks imminent ๐๐ฅ.
Bullish Breakout Scenario โ
A 6H candle close above 0.36 confirms breakout:
๐ฏ Target 1: 0.45
๐ฏ Target 2: 0.55
๐ SL: below 0.29 (recent swing low)
Bearish Breakdown Scenario โ
A 6H candle close below 0.31 confirms breakdown:
๐ฏ Target 1: 0.20
๐ฏ Target 2: 0.12
๐ SL: above 0.35 (recent swing high)
โ ๏ธ Wait for confirmation with strong volume โ this move could be sharp and decisive.
๐ Join My Telegram Community for FREE trading signals, entry/exit points, and instant updates!
๐ t.me/cryptobyghazii
๐ t.me/cryptobyghazii
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.
๐ Join My Telegram Community for FREE trading signals, entry/exit points, and instant updates!
๐ t.me/cryptobyghazii
๐ t.me/cryptobyghazii
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.