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PSGUSDT

PSG/USDT { PARIS SAINT-GERMAIN FAN TOKEN } - BULLISH SETUPANALYSIS 🔎 - PSG/USDT hit an all-time high and retraced. - Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There is a relatively high concentration of buyers at this zone (High buying pressure). - The retracement was bounded in the falling wedge pattern which is a bullish reversal pattern. - Price brokeout above the falling wedge pattern as expected. - Price action is printing an ascending triangle pattern. - An ascending triangle is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the ascending triangle's horizontal resistance (@34.00). - Limit entry: test of the ascending triangle's inclined support. TARGETS 🎯 - Horizontal resistance level (@39.57). - All-time high resistance level (@61.54). - Fibonacci extension level 1.0 (@76.26) SETUP INVALIDATION ❌ - Initial invalidation: breakdown below the ascending triangle's inclined support. - Final invalidation: breakdown below the swing low support level (@25.50).
Long
by Chibuike_Odoh
PSGUSDT --> Risk -5% for +50% PUMP?I was gonna put the high risk label on this trade... but honestly... I really don't think this is high risk. (It DOES depend on your risk management, if you commit too much to this... well don't do it!) You can see that twice before PSG went sideways for 3 days, then 5 days, and pumped, shows PSG likes to pump UP after significant sideways price action. We also see that PSG can BREAK LOWER TREND LINE and still pump. When it goes sideways, it sticks to a tight channel, which is what makes this trade viable. You know exactly what you need to risk in order to fail/confirm this particular pattern. If it comes down over 4%, this trade is cancelled. If it comes back up into the channel, imo you have good odds at +50% -=-=-=-=-=-=- PSG TRADE -=-=-=-=-=-=- BUY: $42 TARGET: $65 (or previous high $58) STOP: below $41.5 likely fails the trade. -=-=-=-=-=-=- --==--==--==-- Fundamentals --==--==--==-- Rank #573 Market Cap = $54,688,829 Fan token PSG football team Total Supply: 20,000,000 --==--==--==----==--==--==--
Long
by tommytoan11
Paris Saint-Germain Fan Token (PSG)PSG/USDT has Momentum. A Fan Token for Paris Saint-Germain Football Club on Chiliz Chain. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Long
by CryptoTrend-Alerts
PSG/USDT Update: Fully reached our > 100% TargetPSG had a great run mainly because of its champions league victory. I guess it stays that way that in case of a win we go up and in case of a loss we go down. A bit like casino.^^ Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55