๐ $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.
๐ The Technical Setup:
โข The Pattern: Harmonic Pattern / Macro Reversal Structure
โข Short-term Target: 0.01000
โข Macro Objective: 0.05000
โข Market Structure: Reversal / Accumulation
๐ฏ Key Levels to Watch:
โข Support / Accumulation Zone: 0.00400 - 0.00500
โข Resistance: 0.01500
โข Breakout Level: 0.01000
โข Stop Loss / Invalidation: 0.00350
๐ Confirmation:
โข Volume: Neutral/standard volume
โข Momentum: Base formation visible on the 1W timeframe
โข Trend: Potential shift from macro downtrend to accumulation
โ ๏ธ 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.
๐ 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.
๐ The Technical Setup:
โข The Pattern: Harmonic Pattern / Macro Reversal Structure
โข Short-term Target: 0.01000
โข Macro Objective: 0.05000
โข Market Structure: Reversal / Accumulation
๐ฏ Key Levels to Watch:
โข Support / Accumulation Zone: 0.00400 - 0.00500
โข Resistance: 0.01500
โข Breakout Level: 0.01000
โข Stop Loss / Invalidation: 0.00350
๐ Confirmation:
โข Volume: Neutral/standard volume
โข Momentum: Base formation visible on the 1W timeframe
โข Trend: Potential shift from macro downtrend to accumulation
โ ๏ธ 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.
๐ Creator: NOUMAN_DON (@NOUMAN_DON)
#T #crypto #BinanceSquare #tradingview #TechnicalAnalysis
