๐๐ for more details FOLLOW ME AND READ BELOW ๐
๐ The Perfect Storm Brewing for UXLINK
Looking at this 4-hour chart of UXLINK/Tether, we're witnessing poetry in price action! That gorgeous cup and handle pattern isn't just technical analysisโit's telling us a story of accumulation, patience, and imminent reward.
๐ฏ What The Chart Is Screaming:
๐ Royal Cup Formation
* A majestic cup from March 19-April 3 with perfect rounded bottom at 0.3976
* Cup depth of nearly 33% shows healthy correction before continuation
* Volume profile confirms smart money accumulating at bottom
๐ Handle Consolidation Phase
* We're currently in the crucial handle formation (Apr 3-5)
* Price coiling tightly between 0.44-0.50
* Lower volatility = spring getting compressed
๐ฅ Breakout Signals Flashing
* Blue descending trendline BROKEN
* Price holding comfortably above the 0.44 support zone
* Double bottom at 0.42 created solid foundation
๐ The UXLINK Game Plan
Target Zones:
- First Target : 0.48 (yellow resistance line) - Immediate breakout goal
- Conservative Target : 0.50 - 0.52 range - Measured move projection
- Moon Shot : 0.60+ revisiting previous highs with momentum
โกPotential Timeline
The pattern suggests completion within the next 5-7 days based on current consolidation rhythm
Warning Signs :
* If price closes daily below 0.44 pink support, pattern invalidated
* Volume must increase on breakout or suspect false move
๐ง Why This Matters Now
With the current market volatility, UXLINK is showing remarkable structural integrity. The purple forecast line suggests a classic "shake out before breakout" scenarioโexactly what smart money wants before moving prices higher.
๐ฅ Position sizing is key here! This setup offers exceptional risk/reward with clear invalidation points.
๐ The Perfect Storm Brewing for UXLINK
Looking at this 4-hour chart of UXLINK/Tether, we're witnessing poetry in price action! That gorgeous cup and handle pattern isn't just technical analysisโit's telling us a story of accumulation, patience, and imminent reward.
๐ฏ What The Chart Is Screaming:
๐ Royal Cup Formation
* A majestic cup from March 19-April 3 with perfect rounded bottom at 0.3976
* Cup depth of nearly 33% shows healthy correction before continuation
* Volume profile confirms smart money accumulating at bottom
๐ Handle Consolidation Phase
* We're currently in the crucial handle formation (Apr 3-5)
* Price coiling tightly between 0.44-0.50
* Lower volatility = spring getting compressed
๐ฅ Breakout Signals Flashing
* Blue descending trendline BROKEN
* Price holding comfortably above the 0.44 support zone
* Double bottom at 0.42 created solid foundation
๐ The UXLINK Game Plan
Target Zones:
- First Target : 0.48 (yellow resistance line) - Immediate breakout goal
- Conservative Target : 0.50 - 0.52 range - Measured move projection
- Moon Shot : 0.60+ revisiting previous highs with momentum
โกPotential Timeline
The pattern suggests completion within the next 5-7 days based on current consolidation rhythm
Warning Signs :
* If price closes daily below 0.44 pink support, pattern invalidated
* Volume must increase on breakout or suspect false move
๐ง Why This Matters Now
With the current market volatility, UXLINK is showing remarkable structural integrity. The purple forecast line suggests a classic "shake out before breakout" scenarioโexactly what smart money wants before moving prices higher.
๐ฅ Position sizing is key here! This setup offers exceptional risk/reward with clear invalidation points.
Trade closed: target reached
MORE THEN 25% in 1 day great work team... and in market down and we are printing dollar $ $ $
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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.
Related publications
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.