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Marlin POND - Very bullish pattern! +150% in few days + Triangle
POND / TetherUS
Long
Marlin POND - Very bullish pattern! +150% in few days + Triangle
By UnknownUnicorn2537518
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Jul 18, 2022
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Jul 18, 2022
This altcoins has an amazing trade setup for bulls!
On the daily chart we can see an ascending triangle, the most bullish chart pattern and we are close to a breakout.
As per my Elliott waves analysis, the impulse (5-3-5-3-5) has been completed, so we can expect an ABC retracement now.
On the log scale the price is printing an descending channel and this is a nice profit target for our trade.
This will be a quick trade that can take just a few days.
You can buy a breakout above the triangle, If you want to increase the probability of success.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
Ascending Triangle
Bearish Trend Line
Bullish Rectangle
Descending Channel
Elliott Wave
Falling Wedge
PONDBTC
pondusd
PONDUSDT
Support and Resistance
Volume
Zigzag
UnknownUnicorn2537518
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