Mask Plot.I believe these targets will be smashed, Reasons are obvious if you're following how the world is pivoting > social trends and people spending more time at home are going to be a big factor for this, People who like to flex their personal belongings and brag about status can now do it online for everyone to see all in one place, how does this benefit mask? they're making it possible for people to combine all their digital assets/achievements and showcase it to the world verified on chain ( this will be YOUR web 3 profile), If you think this is not for you and you're a humble person that's fine you can still benefit from the ones who like to flex, the market for this is huge, Mask also has great backers so long term it has some insurance.
MASKUSDT trade ideas
MASK / USDT 2h - Falling wedgeThis is how I would trade MASK / USDT based on the 2h time frame and Fibonacci retracement model.
If the price breaks the upper line of the falling wedge - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 12.80$
TG2 - 14.17$
TG3 - 15.50$
TG4 - 17.30$
TG5 - 19.50
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
Market structureI have 4 signs we are in for a buy.
1) the price is at a support.
2) the price just hit my 200EMA.
3) the price just hit my trend line on D1 TF.
4) the price is at oversold on the RSI.
Now we await buy signal 🙂 either with candle 🕯️ stick or trend line breakout analysis.
Time to buy also apply WSD to filter the market noise.
MASK/USDT { MASK NETWORK } - BULLISH SETUPANALYSIS 🔎
- MASK/USDT is consolidating in a symmetrical triangle pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
- Horizontal resistance level (@18.459).
- Horizontal resistance level (@20.700).
- Fibonacci extension level 1.0 (@27.605).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.