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FRONTBUSD

FRONT THE NEW COINHelloTrader, Thanks for taking the time to read our update. Please note that this is not trading advice. FRONT, the recently introduced coin, appears to be displaying noteworthy trading volume, which could potentially serve as a promising indicator for further confirmation in the near future. As of now, it is exhibiting characteristics of a volume coin. DATA: We will closely monitor this coin's performance to determine whether it can successfully establish and validate new price levels, specifically aiming at milestones such as $0.80 and $1.00 USD.
FLong
by SatochiTrader
4
FRONT struggle to break out descending resistance zone#FRONT/BUSD $FRONT is inside descending resistance zone and struggle to break out this long term resistance. price is above support of $0.4 , which can hold it and break out the descending resistance to head up toward resistance zone between $0.7 and $0.8. also there can be another scenario, if price break down from $0.4 it will drop more to support around $0.3, then will break out descending resistance and increase to $0.9 and $1.
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by parissap
3
FALLING WEDGE PATTERN - FRONT/BUSD EDUCATIONAL REVIEW 📚Good day everyone. Today I'll be discussing the falling wedge pattern. How it looks, builds up, and plays out. 1.DEFINITION First of all, What is an falling wedge? The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines . It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend. 2. ENTRY (TRIGGER ENTRY SIGNAL) In falling wedge pattern , you are to trade the breakout or catch the move early at the support. In the ascending triangle pattern, there are two entry types: - Conservative: This is a conservative form of entry which implies buying the breakout above the falling wedge's resistance. This is the safest form of entry. - Aggressive: This is an aggressive form of entry which implies buying at the test of the falling wedge's support. This is most profitable form of entry if the trade plays out as expected. 3. TARGET (TAKE PROFIT) Here, I'll be discussing on your profit target levels in the case of an falling wedge pattern . Basically your take profit levels should be where there's a high concentration of sellers such as resistance levels. 4. STOP LOSS AND SETUP INVALIDATION Stop loss is simply a level where you cut your losses when you're currently in a trade. It's like a breathing space for your trade. Your stop losses shouldn't be too tight ( to avoid being hit by stop loss hunting or market noise). It shouldn't be too far also (to give you a good risk to reward ratio (R:R)). Setup invalidation on the other hand is a pre trade condition. It checks the validity of your setup before your trade. It's the last point that keeps a trade setup valid. When broken, the setup is invalidated ( no longer useful, you'll need to run another analysis). Setup invalidation and stop loss in a falling wedge pattern is usually a breakdown below the falling wedge's support or the previous swing low. Note: Your stop loss can be less or equal to your setup invalidation, but not greater. 5. TRADE EXAMPLE I'll be using my analysis on FRONT/BUSD as example of an falling wedge pattern . - Trade entry (buy order ⬆️): aggressive entry at the test of the falling wedge's support. - Target (take profits levels 🎯): horizontal resistance levels. - Setup invalidation and stop loss: breakdown below the falling wedge's support. Price brokeout as expected from my previous analysis and hit my targets. That's that for the falling wedge pattern. I'll be discussing the fibonacci tools in my next educational review. Thank you.
F
by Chibuike_Odoh
2
FRONT/BUSD { FRONTIER } - BULLISH SETUPANALYSIS 🔎 - FRONT/BUSD is bounded in the falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - There's a breakout potential above the falling wedge resistance BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the falling wedge's resistance. - Limit entry: test of the falling wedge's support. TARGETS 🎯 - Horizontal resistance level (@1.3052). - Horizontal resistance level (@1.4640). - Horizontal resistance level (@1.6804). SETUP INVALIDATION ❌ - Breakdown below the falling wedge's support.
FLong
by Chibuike_Odoh
2