bejaneps

MTVUSDT Ascending Wedge

KUCOIN:MTVUSDT   MultiVAC / Tether
This one here is a simple Ascending Wedge pattern, in our case we had breakout, but is it confirmed yet ? If next 4 hour candles close above 0.00112 level then this coin is going to move further to 0.0013 price level, if no then we are going to see retest of lower part of wedge.

Anyhow, MultiVAC is in strong uptrend right now and I wouldn't go for long position in short term, try to accumulate it inside the wedge and the wait for proper breakout. If you zoom out chart, you can see long term targets, I expect them to be covered in ~1 month period.

Good luck with your trades !

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.