Growth potential up to 900% based on the giant triangle pattern
I have been monitoring the price movement of this chart for about a week
First, it broke the falling wedge pattern in the lower timeframes
This led to the breaking of the triangle pattern which restricted price movements for four months
then it pulled back and placed on the support area
There are many support levels in this area
The price is right above sma50, sma200 and ema200
I do not write much because no one likes to read
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There are several target :
target 1 : fib 1.618 ( about 4 usdt )
target 2 : fib 2.618 ( about 5.5 usdt )
target 4 : fib 3 ( about 6 usdt )
target 4 : 25 usdt ( Based on the massive triangle pattern )
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Sincerely, Little Bob
First, it broke the falling wedge pattern in the lower timeframes
This led to the breaking of the triangle pattern which restricted price movements for four months
then it pulled back and placed on the support area
There are many support levels in this area
The price is right above sma50, sma200 and ema200
I do not write much because no one likes to read
=====================================================================================
There are several target :
target 1 : fib 1.618 ( about 4 usdt )
target 2 : fib 2.618 ( about 5.5 usdt )
target 4 : fib 3 ( about 6 usdt )
target 4 : 25 usdt ( Based on the massive triangle pattern )
=====================================================================================
Sincerely, Little Bob
Comment:
It seems to have started !
Trade active:
Trade closed: target reached:
The first target is reached :
fib 1.618 ( about 4 usdt )
fib 1.618 ( about 4 usdt )
Trade closed: target reached:
All targets hit!!!