$STRAX BREAKING BULLISH PENNANT ON 12H CHART š„
Body:
The 12H pennant structure on STRAX is resolving to the upside with a clean breakout above resistance. Historically, pennants of this duration yield 50-60% extensions when confirmed. Volume is expanding on the breakout bar, lending weight to the move.
A measured move target sits roughly 55% above the breakout level ā a high-probability zone if price holds above the pattern apex. Are you already positioned or waiting for a retest of the breakout level?
Not financial advice. Always manage your risk.
#STRAX #PennantBreakout #Bullish #Crypto #TechnicalAnalysis
š„
Body:
The 12H pennant structure on STRAX is resolving to the upside with a clean breakout above resistance. Historically, pennants of this duration yield 50-60% extensions when confirmed. Volume is expanding on the breakout bar, lending weight to the move.
A measured move target sits roughly 55% above the breakout level ā a high-probability zone if price holds above the pattern apex. Are you already positioned or waiting for a retest of the breakout level?
Not financial advice. Always manage your risk.
#STRAX #PennantBreakout #Bullish #Crypto #TechnicalAnalysis
š„