TRACUSDT
TRACUSDT - Large Ascending WedgeA broaening Ascending wedge can be plotted if price action following is assumed to be extremely bullish and we are currently at the bottom of this wedge.
Again an abstract idea but not impossible.
I have used price action from Ethereum's early run on the bars pattern to display a run like this.
AI coin again.
TRACUSDT 300% Surge, Bull Flag Revelations, and a $1.24 ClimaxOriginTrail has been turning heads since October 2023, putting on a performance that even the most seasoned traders can't ignore. TRACUSDT has been of of the starts of the show, boasting a jaw-dropping 300% growth! But, traders, the plot thickens as we enter the realm of a strong correction—a market drama that's still unfolding as we speak.
Now, let's talk plot twists. Recent price action has us buzzing with excitement—breaking through the $0.46 resistance and unfurling the bull flag pattern. The verdict? A resounding thumbs up for a strongly bullish trend. Cue the drumroll, please.
In the midst of this crypto spectacle, a golden opportunity emerges. The current pullback could be the perfect entry point for the bullish heroes among us. Right now, we could be at the the risk-reward sweet spot, with our sights set on an epic final upside target at $1.24.
If and when TRAC achieves this feat, get ready for the grand finale—an awe-inspiring 122% growth in the upcoming month or two. The stage is set, the actors are in place, and OriginTrail is ready to steal the spotlight once again. Stay ready traders, because this crypto thriller is about to reach its climax!
Ichimoku Analysis for TRACnext strong resistance is around 0.54.
If you are not long then wait for a pull back till 0.34 or for closing above 0.54.
If you are already long then you sl should be around closing below 0.32
Trac TA Long bullishTrac looks like it's in an excellent spot to run up. It's moving a bit today on the upside. This may continue to run for some time. Keep a close watch on this one—strong buying going on Trac over the past few days. We can see this breaking higher high. If it breaks below the white line, we will see more sell-off.
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OriginTrail TRAC Price Targets and Stop LossTRAC/USDT
Entry Range: $0.60 - 0.072
Price Target 1: $0.94
Price Target 2: $1.10
Price Target 3: $1.31
Stop Loss: $0.54