PONKE is bullish (4H)A trigger line has been broken, and we have a bullish iCH on the chart. A support zone has formed, and there is some liquidity pool above the chart. The conditions are set for a bullish move toward the supply zone.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Ponkebtc
PONKE aiming for a new ATH?#PONKE is breaking out of a bullish pattern inverse head & shoulders with decent bull volume. It’s clearly had the bullish momentum.
It’s heading towards the previous local highs and in the long run the ATH could be attacked.
For the targets see the chart.
Happy trading!
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