MTVUSDT Ascending Wedge

This one here is a simple Ascending Wedge pattern, in our case we had breakout, but is it confirmed yet ? If next 4 hour candles close above 0.00112 level then this coin is going to move further to 0.0013 price level, if no then we are going to see retest of lower part of wedge.

Anyhow, MultiVAC is in strong uptrend right now and I wouldn't go for long position in short term, try to accumulate it inside the wedge and the wait for proper breakout. If you zoom out chart, you can see long term targets, I expect them to be covered in ~1 month period.

Good luck with your trades !


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.