MASKUSDT
$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
MASK - Buy after this resistance brokenBYBIT:MASKUSDT
4H trend chart
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MASK is on the path if uptrend line, and it's approaching to the resistance $6.29.
If price can break out Fib1, trading strategy as below.
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Profit Targets:
a) 6.715~6.890----Fib(1.272~1.382)
b) 7.255----Fib(1.618)
c) 7.855----Fib(2)
Stop losses:
a) 5.280-----Red horizontal ray
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MASK-USDT long (altseason) --1hour--Hello 🧐
This is a short technical approach analysis. I am expecting price to break resistance and head for 17.6, then come back down and test 16.6 support before more up. We have formed a nice symmetrical triangle structure over the last week, this could be bullish or bearish but I am leaning towards bullish because of the support we have gained at the bottom of the structure.
⏫📈😄
There also seems to be a bullish bat harmonic pattern on hourly TF.
Invest at your own risk!!
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay
MASKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price has been able to break the resistance line and began moving upwards, and is fluctuating within a channel.
If it can break our resistance line, it can start moving upwards, and if it can not break the resistance line, it can start moving towards the specified support lines.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
MASK / USDT 2h - Falling wedgeThis is how I would trade MASK / USDT based on the 2h time frame and Fibonacci retracement model.
If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 12.80$
TG2 - 14.17$
TG3 - 15.50$
TG4 - 17.30$
TG5 - 19.50
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
MASK/USDT { MASK NETWORK } - BULLISH SETUPANALYSIS 🔎
- MASK/USDT is consolidating in a symmetrical triangle pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
- Horizontal resistance level (@18.459).
- Horizontal resistance level (@20.700).
- Fibonacci extension level 1.0 (@27.605).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.