The Wedge Model for Reducing Failures is currently being reviewed again on the 1D Chart. Successful review could bring a 100-110% increase in the coming days ✍️
Falling wedge breakout confirmed, price broke the descending trendline from 0.11343, reclaimed the immediate resistance zone (0.0890-0.0900), and is now retesting that breakout level as support.
Currently at $0.08780, up +2.13% today, holding above the strong support zone (0.0740-0.0760) with higher lows intact since the wedge bottom.
Structure checks every box, breakout confirmed, retest holding, volume increasing on the move. RSI at 71.3 shows strong momentum, still room before extreme overbought.
Target 1 sits at 0.0908-0.0918, Target 2 at 0.0955-0.0965, with 0.10 as Target 3 if this continuation holds.
$TRUMP is looking weak… and the discount model is becoming interesting.
Price is trading below the resistance zone $1.62–$1.70 and still below the descending trendline and the 200 EMA moving average.
As long as this zone continues to act as resistance, I expect further downside. A breakdown below $1.50 could open the way toward $1.25, with a larger target of $1.00.
Bulls need to reclaim $1.70 to invalidate this bearish pattern. DYOR, NFA
$PIEVERSE — Breakout after months of compression, $1.6 possible within 30 days 📊
Price broke the descending trendline that capped every rally since May, clearing strong support and major resistance (1.00-1.20) on high volume. Currently at $0.8351, up +29.51% today.
Not calling for a fast move, this could take time to play out. But if this breakout holds and structure builds properly, $1.6 is realistically on the table within the next 30 days.
Currently consolidating at a support level right before the brink of the Falling Triangle pattern on the 1D chart. A breakout could trigger a 70-80% price rally in the upcoming sessions ✍️