MASKUSDT.P trade ideas
MASK CAN CONTINUE TO DROP FURTHER TOWARDS HIGHLIGHTED ZONE!Check out the trade plan for Bitcoin today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
MASK can continue to drop after the 5th wave formed on this bullish leg. Here I am expecting a pullback to revisit close to 50% on the Fibonacci retracement. Also on the lower timeframe, MASK follows a double tops formation.
🟢 MASKUSDT -1D (03.10.2022)🟢 MASKUSDT
TF: 1D
Side: Long
Pattern: Falling Wedge
SL: $1.0500
TP 1: $1.3084
TP 2: $1.4447
TP 3: $1.5550
MASKUSDT looks like it will explode soon.
MASK⚡️⚡️ #MASK/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Cross (10X)
Entry Zone:
1) 1.098
2) 1.000
3) 0.978
Take-Profit Targets:
1) 1.247
2) 1.327
3) 1.684
4) 2.244
Stop Targets:
1) 0.895
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Moving Target -
Trigger: Target (1)
MASKUSDT | HOLDING SUPPORT ZONEMASKUSDT recently broken the falling resistance . The price can approach to the horizontal support before moving upside. The trend is still bearish . We are watching out the price action on support zone for trend reversal.
The bulls need to hold the support zone , While bears can be active below the break of support.
Trade your levels accordingly.