Ascending Triangle points to new confirm breakout level
The AD is showing the new destination for this crypto currency by the way of an ascending triangle. Looking for price action to breakout above the confirmed breakout level.
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AD showing a potential of 4 billion dollars entering this market cap
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when moving averages cross through the spike level , price goes up
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about 2 more billion dollars expected to enter the market
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im watching 4hr spike level setting up, we need to get above Red line, to go to .00009
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so we need more than 4 billion dollars to breakout above the previous resistances level, I do not yet know the catalyst for such volume...
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looking at The AD, the Accumulation/Distribution. if it holds current trend it will retest 00009 (AD) which will result in a run up to 00007 (shibusd)
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temp. stop before going back up
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last chart on this trade, new target level updated to $0.00009 Ad showing an ascending triangle to this price level
Trade active
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both a inverse head and shoulders pattern and cup/handle pattern spotted, both are bullish. these are natural progression of a bullish cycle/momentum
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look at this basing
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successful retrace of the bearish cypher pattern and it held support
