If you've seen my other recent posts you should probably know this setup by heart by now, as this scenario (symmetrical triangle breakout) is visible on many charts right now.
The price is attempting a breakout right now, but is being suppressed by the key level (1.84), dynamic resistance (upper trendline) and 200EMA. Once it manages to break it, we can expect...
Another DIA analysis.
Previous one was right on +60% when returning back to equilibrium, cash in some profits.
Be aware of these support and resistance levels.
There is no real hard resistance level on the way up so a good risk to reward ratio!
Hello guys
As we can see price is currently in Broadening Wedge pattern and now it trying to Pullback.
- Entry: (for long-term)
1- $4
2- $3
Exit: $8 or more as it is fundamentally strong project🔥
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