chain guardians analyses
CGG USDT
time frame daily - 4 Hours
we can see 2 harmonic pattern on CGG chart
1- cup & handle pattern
2- triangle pattern
price reached to all time high (ATH).
now we have 2 strategy:
1-LONG: break the ATH zone sharply or come down to green uptrend line then break the ATH
2- SHORT : fall down to first support zone because of 3 tops...
We have a number of things to look at in this chart and it's all good.
1 - The cup and handle formation is very clear in this chart and once we reach the $2.15 stage of the handle, that's when the fireworks should kick off.
2. Using the fib extension tool I have set some short term targets all the way up to $12.83, and I think I am being conservative here.
3. I...
