Hello to you all. Mars Signals team wishes you high profits at all times.
The price is inside a bullish triangle and there is the possibility for it to grow. In case it is able to break its triangle, we can expect higher prices for it.
We recommend this token for long-term investment.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
- SFPUSDT hit an All time high (ATH) and retraced to the 0.618 fibonacci retracement level.
- The retracement was bounded in the falling wedge pattern
- A falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance.
- Price is currently ranging in a rectangular consolidation pattern.
- This rectangular...
- SFPUSDT retraced for a retest of the ascending channel support and 0.618 fibonacci retracement level.
- The retracement was bounded in a falling wedge pattern.
- This is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance and is currently retesting the falling wedge's resistance.
- Possible uptrend continuation.
Looking for a potential Liquidity Trap here to trap new sellers predicting a change in trend and squeeze out current long positions.
I am looking from an institutional point of view, where liquidity is needed before a further move to the upside.
This area of business (blue rectangle) interests me as we have nice prior lows where there will be a lot of stops...