CPR
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@cryptopunkrock1
The longer breath wins. High time frame #Crypto analysis. Never financial advice except: "Do NOT invest money you can't afford to lose."
$SOL needed another test of of 55 (same level as EMA20, yellow line). Looks like a bullish pennant was broken. If this is the point the LONG term target MAY be 103. #Solana #SOL
2. possibility happened for $PENGU. After break of handle price reached 1. and 2. target. This ended up in evolvement of another overarching cup & handle pattern where price also hit both targets.
$TRX retested neck and bounced so far. Would like to see candle closing above EMA20 (yellow). Additionally hidden bullish divergence on the table (higher low not confirmed yet).
Break done for $TRX. A clear retest on 1d is actually missing. As RSI showing overbought it would be a good time to do so.
$PENGU break, retest & bounce. Price reached upper band and also formed a small cup. Either break, retest of rim and possible rise by cup length or evolvement of handle. If handle breaks 1. target: handle size & possible 2. target cup size. Example below.
$TRX evolved double bottom pattern. As a condition neckline must break first. Then I would like to see a successful retest at broken neck. Possible target around 0.37.
$PENGU also broke the trend and is now back to test BB20 on 1d. RSI moderate here. If this level gives support next area to check would be ~0.0073. #PENGU
$FET broke bull flag pattern and is actually testing resistance at around 0.25. Target for flag pattern at ~0.35. #FET almost overbought on 1d. Price also reclaimed EMA100.
$VET broke the desc. trend and actually struggles with EMA20 on 1d. RSI broke its 14 SMA and still on a moderate level. If EMA20 breaks next levels to check ~0.0072 and ~0.0078. #VET #VeChain
