$COOKIEIn terms of charting, for the corrective movement to be complete, it is necessary for the price to correct to the range of $0.0832. After the price reaches this range, it is expected that the corrective movement will be complete, and the chart will form a base there from which the price will reverse. If the overall market condition is good, one can expect it to rise to the price range of $0.542. For now, this section of the analysis focuses on the continuation of the downtrend. If this occurs and the price movement progresses according to the presented analysis, further supplementary analyses will be provided based on the overall market situation.
COOKIEUSDT
IDUSDT UPDATEIDUSDT is a cryptocurrency trading at $0.3183. Its target price is $0.5000, indicating a potential 50%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about IDUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. IDUSDT is poised for a potential breakout and substantial gains.
COOKIE Long Swing OpportunityMarket Context:
COOKIE is nearing a key support zone, offering an ideal entry for a potential bounce and continuation of its trend.
Trade Details:
Entry Zone: Around $0.15
Take Profit Targets:
$0.25
$0.36
Stop Loss: Daily close below $0.11
This trade provides a favorable risk-to-reward ratio if COOKIE holds at support and reverses upward. 📈
COOKIE is Bearish (2H)First of all, note that this symbol is highly volatile and risky.
From the point where I placed the red arrow on the chart, it seems that the COOKIE correction has begun.
Currently, it appears that COOKIE is in wave B of an ABC pattern or possibly a more complex structure.
As long as the red zone is maintained, it is expected to move toward the specified targets.
Closing a 4-hour candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Cookie / USDT: On the verge of a Breakout above trendlineCOOKIE/USDT: On the Verge of a Breakout Above Trendline Resistance
COOKIE/USDT is setting up for a major move 📈 as it nears a key trendline resistance zone 📊. After a period of tight consolidation, the conditions are aligning for a potential breakout 💥. If confirmed, we could see a strong bullish rally unfold 🚀. Stay alert and watch for confirmation before making a move.
Key Insights:
1️⃣ Trendline Resistance: COOKIE/USDT is testing a significant trendline that has historically acted as a barrier. A successful breakout could trigger a sustained bullish trend.
2️⃣ Volume Surge: Watch for a spike in trading volume during the breakout to confirm strong buyer momentum 🔥.
3️⃣ Bullish Signals: Indicators like RSI and MACD are showing bullish momentum ⚡, increasing the likelihood of an upward breakout.
Steps to Confirm the Breakout:
✅ Look for a clear 4H or daily candle closing above the trendline.
✅ A notable volume surge during the breakout will indicate strong buying pressure.
✅ A successful retest of the broken resistance as a new support zone adds credibility to the move.
⚠️ Be cautious of fake breakouts—wicks above the trendline without follow-through can indicate rejection.
Risk Management Strategies:
🔒 Use stop-loss orders to protect your position.
🎯 Adjust your position sizing to fit your risk tolerance and strategy.
This analysis is for educational purposes only and not financial advice. Always DYOR before making investment decisions 🔍.