TRIASUSDT: Is a Major Breakout Imminent?
Updated
Yello, Paradisers! Could #TRIASUSDT be setting the stage for a significant move? Let's dive into the latest analysis to uncover the potential trajectory.
💎Currently, #TRIAS is forming a falling wedge pattern, a bullish reversal indicator that has undergone notable compression. The price is attempting to break out, but the resistance at 6.455 is proving to be a formidable barrier.
💎TRIAS is showing promising volume today, but the bulls face a critical challenge at the $6.455 resistance level. For a successful breakout, the daily close must be above both the descending resistance at $6.15 and this minor resistance. Achieving this would set the stage for an upward move towards the significant resistance zone between $7.195 and $7.650.
💎On the shorter time frame, TRIAS has already formed a head and shoulders breakout at the 6.0$ level, with the neckline now serving as a major support. As long as this support holds, the downside risk remains limited. However, if this support level is breached, we may see a dip to the 5.45 and 5.05$ levels.
Paradisers! Remember, maintaining discipline and patience is crucial in navigating these market movements. Keep a close watch on these key levels to manage your trades effectively.
MyCryptoParadise
iFeel the success🌴
💎Currently, #TRIAS is forming a falling wedge pattern, a bullish reversal indicator that has undergone notable compression. The price is attempting to break out, but the resistance at 6.455 is proving to be a formidable barrier.
💎TRIAS is showing promising volume today, but the bulls face a critical challenge at the $6.455 resistance level. For a successful breakout, the daily close must be above both the descending resistance at $6.15 and this minor resistance. Achieving this would set the stage for an upward move towards the significant resistance zone between $7.195 and $7.650.
💎On the shorter time frame, TRIAS has already formed a head and shoulders breakout at the 6.0$ level, with the neckline now serving as a major support. As long as this support holds, the downside risk remains limited. However, if this support level is breached, we may see a dip to the 5.45 and 5.05$ levels.
Paradisers! Remember, maintaining discipline and patience is crucial in navigating these market movements. Keep a close watch on these key levels to manage your trades effectively.
MyCryptoParadise
iFeel the success🌴
Trade active
Boom! #TRIAS is doing just what we said. Up 17.50% and looking good!Higher High and Higher Lows now intact. Further bullish continuation once price breaks 7.68 key resistance.
EMA-50 currently the key price driving factor.
Comment
Boom! #TRIAS is doing just what we said. Up 38% and looking good!"TRIAS has broken strongly towards the upside after breaking the previous strong resistance levels.
It was beforehand highlighted that once this resistance at 7.65 breaks a significant move to the upside will be seen.
Now price is oncourse towards 9.90-10.25 levels. This is where next strong resistance is expected which could also lead to some strong profit-takings.
Comment
Yello! #Trias idea worked exceptionally well. The extended idea has now been closed as price once again loses the newly established supports.
The only serious crypto trading company on the web⏐MyCryptoParadise.com
FREE Telegram Channel - t.me/+skqKdwnfH2xmNTU0
Get FREE Market Insights or start trading like a PRO inside ParadiseFamilyVIP🎖️
FREE Telegram Channel - t.me/+skqKdwnfH2xmNTU0
Get FREE Market Insights or start trading like a PRO inside ParadiseFamilyVIP🎖️
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.