Ascending broadening wedge pattern was spotted with price holding firm towards the upper trendline zone. Presently, the price is forming an inverse head and shoulders (IH&S) pattern, with a projected target in the vicinity of the 0.05213 price level, at which point it is expected that a large scale 'Cup' formation will be fulfilled.
Subsequently, we are anticipating the development of a 'Handle' portion, which would complete the 'Cup and Handle' formation. The optimal zone for re-accumulation has been identified as the 'buy back' area delineated on the chart, where the projected targets have been clearly marked.
We invite you to share your perspective regarding this coin and kindly remind you to express your support by liking this analysis.
Thank you.
Subsequently, we are anticipating the development of a 'Handle' portion, which would complete the 'Cup and Handle' formation. The optimal zone for re-accumulation has been identified as the 'buy back' area delineated on the chart, where the projected targets have been clearly marked.
We invite you to share your perspective regarding this coin and kindly remind you to express your support by liking this analysis.
Thank you.
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+234% profit already on this.
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