Buying two options: 1-the breakout of this triangle (during retest OR low TF pull backs) 2- if we got final correction to the triangle support trend, the buy would be with much better R:R Targeting three targets shown chart The Coin is Mid cap size coin with ~900M$ Cap BTC Sideways in 8.5~8.7 Region will give the space for money to flow into mid cap...
I see a Possible Bullish Scenario forming: Daily close above 4140 with successful retest will maintain the neckline of POSSIBLE iH&S Scenario if iH&S scenario got valid, Targets would be(based on Fib extension&MAs) TP1 ~4550 TP2 ~5250 TP3 ~5925
Daily RSI is showing outstanding bullish trend since +1 month since it's Daily RSI, not hourly, not 4H, so it's much reliable for swing trading, previous patterns are showing +120% gains of this coin when daily RSI is passing specific value (53)
obvious Bullish on RSI, steadily climbing up, expect sudden 1~3% pump
once we pass this resistance, a massive pump is a must due to bots algorithms which enter the alts based on break out of major resistance, previous pump to 61xx, this one should be passing 74xx as first target , 81xx 104xx buy now thank me later :)
complete Cup & Handle it's one of the most bullish patterns is just been completed for PPT in addition to strong RSI divergence on all main time frames 4H 6H 8H 12h 1D such patterns and indicators are usually followed by major pump as smart bots usually enable massive buy volume on completion of such patterns & strong indicators
PPT/BTC pair has clearly completed bullish divergence on multiple time frames (4H 6H 12H 1D) showing such Bullish reversal on big time frames is major indicator of breakout, might happen any time from now since the accomulation phase is almost done. RSI is climbing very strong and steady, MACD is perfect for swing trades, bots will enable autu-buy suddenly in...
RSI Resistance Break, obvious Bullish Divergence on 1D, 12h charts, MACD Cross This Coin is well known historically when it goes up, it goes hard , usually 80% ¬ 240 % Current BTC and alts market is supporting this as well good luck