MASKUSDT - SETUPMASKUSDT price held the support perfectly, Now bulls are trying in the last 4 hours to show some resilience. But some strong upside resistance can act again. So better to wait for a little to do some retracement or if the price breaks the falling trendline then there will be a good area to buy. Trade Accordingly.
MASKUSDT
# MASK/USDT 1300% POTENTIAL RALLY UPCOMING !Hello, members welcome to MASK/USDT 1D chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:
As we can see at the above mentioned chart that MASK/USDT is currently trading inside a parallel channel pattern on its bottom level which is $1.8 price level.
Here we can take entry for spot holding and generate some good amount of profit almost 1300% if we consider the top.
Entry:- $1.570,$1.775
Traget:- 1300%
Stoploss:- $1.255
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
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Thank you...
MASK 1 Hour Trading AnalysisDear Readers ,
Here is my trading idea on MASK/USDT. In the 1 hour chat, its forming a desending broadening wedge pattern which hads ust broak its channel upside and trying to retest the upper line of the channel as a local support. Its the retest is successful, we can expect a bullish move with risk reward 1:1.5
Thanks for taking a look on my TA.
$MASK/USDT 4h (#BinanceFutures) Rising wedge breakdown & retestMask Network got rejected on 100EMA resistance and seems likely to continue with the downtrend until it regains it.
mask.io
If you are not used to operate bearish set-up, you can use the targets to buy in Spot instead
Current Price= 5.996
Sell Entry= 6.069 - 6.488
Take Profit= 5.054 | 4.316 | 3.677
Stop Loss= 7.261
Risk/Reward= 1:1.25 | 1:2 | 1:2.65
Expected Profit= +19.50% | +31.25% | +41.43%
Possible Loss= -15.66%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Contracts:
#ERC20 0x69af81e73a73b40adf4f3d4223cd9b1ece623074
#BEP20 0x2ed9a5c8c13b93955103b9a7c167b67ef4d568a3
#Polygon 0x2b9e7ccdf0f4e5b24757c1e1a80e311e34cb10c7