Keep3rV1 KP3R - Ready for a massive breakout! Head and Shoulders
- On the daily chart, we can spot an inverse head and shoulders, a bullish reversal pattern.
- The main trendline has been destroyed by the bulls! And now we are trying to break the main resistance.
- Also, we have a falling wedge on the LOG scale, which is a very bullish sign too.
- If we take a look at the volume indicator, we can see an elevated bullish volume - always good to see!
- As per my Elliott Wave analysis, an impulse Elliott Wave has been completed and that's why I expect a retracement.
- We have a great confluence here to enter a long position.
- The profit target is at 0.618 FIB + Wave (1),(4) ~ 609 USDT.
- I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
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