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Nilbtc

$NIL/USDT – Bullish Breakout Retest Setup (4H Timeframe)NIL has successfully broken its descending trendline and is now retesting the confluence zone of: – Breakout support – Ascending wedge – Demand zone (rectangle) Entry: 0.312–0.325 Stop Loss: Below 0.2971 Targets: • 0.414 (+25%) • 0.480 (+44%) • 0.560 (+68%) This is a textbook breakout–retest–continue pattern. Spot buyers can scale in around the purple box. Close below 0.2971 invalidates the setup. DYOR. Not financial advice.
Long
by ScramblerG
1
NIL ANALYSIS (4H)The NIL correction started from the point we marked as Start on the chart. This correction appears to be a Diametric, and it seems we are currently in wave E of this pattern. The price is expected to follow the path indicated by the arrow. A daily candle close above the invalidation level will invalidate this analysis. invalidation level: 0.521$ For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
1