$Ldo #Ldo Testing Descending Trendline + Crucial Horizontal Area Again & Again, Now Expecting Breakout Soon, After Successful Breakout Expecting Solid Recovery In Ldo
A lot of people are asking about $MNT. At first glance, it looks like a long, boring sideways trend.
But what if it's actually a large, flat ABC correction that's just finishing up, preparing the market for a major move? Let's look at the roadmap.
Step 1: Break The Cage.
The key task for bulls is to break the Wave B high at $1.42 and the 1.61 log resistance zone that has rejected the price twice already.
This is the wall that must be demolished to confirm true strength.
Step 2: The Targets.
After a successful breakout, the first major stop will be a strong resistance cluster around $2.20.
If demand is strong enough, the next leg up could even be a rally toward $3.62 (+148% from the potential breakout!).
Anything is possible, but patience is key. First, let's focus on meeting the initial conditions – breaking above $1.42. One step at a time.
Watching this one closely. 👀
#Crypto #Trading #Analysis #Gridtrading #Altseason
❗️Buying a bag of $TAO here for short-mid-term trade!
There is a bullish pennant forming above the $370 support level. Moreover, the bigger structure is positive, we are moving towards the upper side of a big range.
The first two targets are local, other three are more about mid-term, I believe TAO will easily reach $700 - $1000 this year!
$PENGU has the fundamentals stacked for a breakout from this cup and handle pattern to $0.082, including:
- Pending ETF filing with CBOE backing
- SEC is officially reviewing the application
- Strong expansion in Asia, earning the title Asia’s $DOGE
$PENGU playbook exposed‼️. The low didn’t hit 0.027c it was at 0.031c so expect to to retest around there in September. 5-6c within 1-2 weeks. October-January up only pandemonium 20-30c