AponSOKS1978

Bullish flag broke out on $POND against $USDT

Long
BINANCE:PONDUSDT   POND / TetherUS
Marlin $POND broke out on april 5th from the bullish flag and retested the upper border on april 7th for a measured move spanning from 0,2066USDT to 0,346USDT
As of this moment the price tag reads 0,2436USDT with possibility of a 40% profit. Price is correcting bouncing off support on the .236FIB giving a ood opportunity for an entry point.
Be wary of an eventual dip in $BTC or increase in bitcoin dominance.
Trade active: Will update this setup as it looks to have shaped a bullish wedge pattern. Probably will retrace to the 0.22 price level and resume attempt for new pattern breakout.
Trade active: As expected price action retraced to 0.0218 and should resume climb after
Trade active: Indecision candles kicking in these last hours as it stays in the 0.022 price area for support before resuming its climb.

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