SYN / TetherUSLong
SYN could see 40% upside after HVC and break above 200ma
SYN has been consolidating at support for 150 days.
It broke out of the downtrend with a 20% High Volume Candle and is above the moving averages.
The measured move of the double bottom breakout is 50%, $0.97 Dec 28th '24
If it consolidates there without losing the pattern, it could see even higher prices.
Some of the support resistance lines are drawn from the RSI low and high point while others are drawn from the price point.
They help to capture the specific signature and to visualize where significant support resistance levels appear over time.
It broke out of the downtrend with a 20% High Volume Candle and is above the moving averages.
The measured move of the double bottom breakout is 50%, $0.97 Dec 28th '24
If it consolidates there without losing the pattern, it could see even higher prices.
Some of the support resistance lines are drawn from the RSI low and high point while others are drawn from the price point.
They help to capture the specific signature and to visualize where significant support resistance levels appear over time.
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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.