#MASK is moving inside a falling wedge pattern on the daily chart and has bounced off the wedge support line. For the bullish scenario to play out, price must break above the resistance cluster — first the daily SMA50, followed by the Ichimoku cloud and the wedge resistance. If that happens, the potential targets are:
🎯 $0.987
🎯 $1.100
🎯 $1.213
🎯 $1.373
🎯 $1.577
❌Invalidation: a daily candle closing below the wedge.
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
🎯 $0.987
🎯 $1.100
🎯 $1.213
🎯 $1.373
🎯 $1.577
❌Invalidation: a daily candle closing below the wedge.
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.