Learn from the best to understand the market, rather than looking through unnecessary indicators
Maxim S
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Bullish
🚀 RESOLV/USDT: Bullish flag ready for a breakout📈
Briefly about the situation: RESOLV has gained +50% in a day and bounced off an absolute bottom after a prolonged decline. An ideal bullish flag is forming on the chart after a x2 impulse — volumes on the pullback are decreasing, the price holds key support at 0.19–0.195, indicators remain bullish. This is a classic pause before the continuation of the movement.
📌 Main scenario — bullish (high probability)
Breaking the zone of 0.205–0.21 opens the way for growth to the height of the flagpole. The trend is reversed upwards, EMA7/25/99 in an ideal bullish layout, RSI is not overbought — there is room for an impulse.
📊 Trading plan
🎯 Targets (main scenario — breakout upwards)
0.225 — +15%
0.245 — +25% (test of the local high)
0.290–0.300 — +45–55% (target based on the flagpole)
🟢 Entry points
Aggressive entry: 0.193–0.198 (flag support).
Safe entry: 0.207–0.210 after a confident breakout.
🔴 Stop-loss
0.181–0.185 — a breakout down breaks the structure of the flag.
✅ Conclusion
RESOLV has returned from the very bottom and is forming a strong bullish pattern. So far, the structure, volumes, and indicators are fully on the side of buyers. The main thing is not to enter on the impulse but to work according to the plan: support or breakout.
Spot 👉$RESOLV
Futures👇
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