Get started

SFPUSDT

SFP/USDT - Exiting the triangle. Channel workHello everyone, analyzed the SFP/USDT pair On this coin, the exit from the triangle took place. For a long time, the price consolidated in a descending type, but there was an impulse when the price exited. There is a potential for x2, since in my opinion and after conducting a preliminary analysis, the price will be driven to close the candlestick shadow, where there was a false breakout and price return. target on the chart, stop loss for the last low point of the false breakout. If the price reverses, the growth scenario is canceled, and the fall will continue to $ 1.28-1.49 "This is just my opinion, trade with your trading system Have a nice day and come back again." Go to my free channel and chat with other traders. Link in the description
Long
by CryptoJaegerB
3
SFPUSDT (SAFEPAL) - POTENTIAL BREAKOUT ANALYSIS 🔎 - SFPUSDT is printing a falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - Price is testing the key fibonacci retracement levels (0.5 - 0.618 - 0.786). - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the falling wedge's support.
Long
by Chibuike_Odoh
1