The SEIUSDT trading pair has completed a 'Cup and Handle' pattern, with the price target for the handle portion now attained.
Consequently, this price level has transitioned into a significant support zone. It is advisable to consider this level as the strategic re-accumulation area, or buy back zone.
The ultimate price objective of the pattern, which is commensurate with the vertical depth of the Cup, is delineated on the accompanying chart.
Your feedback and comments on our analysis are appreciated.
Thank you.
Consequently, this price level has transitioned into a significant support zone. It is advisable to consider this level as the strategic re-accumulation area, or buy back zone.
The ultimate price objective of the pattern, which is commensurate with the vertical depth of the Cup, is delineated on the accompanying chart.
Your feedback and comments on our analysis are appreciated.
Thank you.
Trade active
Going as expectedTrade active
Trade closed: target reached
Trade active
Following the attainment of the immediate setup target, we observed price consolidation within a narrow range. A breakout from this range could signal a continuation of the bullish trend.Trade active
Trade active
Handle support level holding firmTrade active
SEI is currently trading within a potential rising wedge formation. The next action to watch for is an upward move towards the indicated target.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.