🚀 $T is showing a potential technical setup!
The weekly chart displays a long-term corrective move forming a potential macro harmonic reversal structure near the lows.
📈 The Technical Setup:
• The Pattern: Harmonic Pattern / Macro Reversal Structure
• Short-term Target: 0.01000
• Macro Objective: 0.05000
• Market Structure: Reversal / Accumulation
🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.00400 - 0.00500
• Resistance: 0.01500
• Breakout Level: 0.01000
• Stop Loss / Invalidation: 0.00350
📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Base formation visible on the 1W timeframe
• Trend: Potential shift from macro downtrend to accumulation
⚠️ Invalidation:
A decisive weekly close below the 0.00350 support level invalidates the bullish reversal setup.
Price is currently consolidating near lows with a potential bullish harmonic setup targeting higher resistance zones if confirmed.
💎 Creator: NOUMAN_DON (@NOUMAN_DON)
#T #crypto #BinanceSquare #tradingview #TechnicalAnalysis
The weekly chart displays a long-term corrective move forming a potential macro harmonic reversal structure near the lows.
📈 The Technical Setup:
• The Pattern: Harmonic Pattern / Macro Reversal Structure
• Short-term Target: 0.01000
• Macro Objective: 0.05000
• Market Structure: Reversal / Accumulation
🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.00400 - 0.00500
• Resistance: 0.01500
• Breakout Level: 0.01000
• Stop Loss / Invalidation: 0.00350
📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Base formation visible on the 1W timeframe
• Trend: Potential shift from macro downtrend to accumulation
⚠️ Invalidation:
A decisive weekly close below the 0.00350 support level invalidates the bullish reversal setup.
Price is currently consolidating near lows with a potential bullish harmonic setup targeting higher resistance zones if confirmed.
💎 Creator: NOUMAN_DON (@NOUMAN_DON)
#T #crypto #BinanceSquare #tradingview #TechnicalAnalysis
