4h time frame - Entry: $2.7 TP: $4.66 SL: $2.15 RR: 3.56 - (1) Potential bullish flag on 4h (2) Got support around Fib 0.382, high possibility reach 1.618 if stop falling here (3) Fib 1.618 is also overlapped with structural resistance at $4.66 (4) Stop loss once going below $2.1
12h time frame - TP: $8.97 SL: $4.49 RR: 8.76 - (1) Convergence pattern is be building. *two potential support lines (2) 0.382 fibonacci projection at $3.8 (3) Target matches fibonacci projection_0.382 & fibonacci extension_2.618 (4) Stop loss while triangle bottom got breaking down
PENDLE ~ 3D #PENDLE Buy after successfully breaking the Resistance Line on this pattern or buy on retest of $3.85 support. Minimum target 20%+
PENDLEUSDT Technical Analaysis Update PENDLEUSDT has formed a cup and handle pattern on the daily chart. Now that the price has broken through the cup and handle resistance (neckline), we can expect a 50% move from the current level. Buy zone : Below $1.23 Stop loss : $1.10 Always Keep StopLoss Regards Hexa
4h time frame - PENDLE is correcting since increasing 170% from 0.45, we can pay attention to two critical support. First one is 0.99, this is composed of previous wick lows, another is 0.618 Fibonacci Projection(0.94). Also, according to Elliot impulse wave, PENDLE is probably on the second wave. If it is, then we can target 1.7 and 2 in future. TP: 1.7 / 2 SL: 0.8225