MASKUSDT.P trade ideas
🔥 MASK Huge Bullish Wedge Break Out After FOMCMASK was one of the major winners of March, until it topped at $7 and saw a couple of days of straight selling.
With the FOMC meeting behind us, it seems that MASK has bottomed for now. In my view, this is exactly what investors have been waiting for: a change of trend.
I'm looking at $6 and $7 as potential near-term targets.
MASKUSDT Possible long ideaThe MASKUSDT has a lot of strength right now, in addition to the buying volume that has increased in the last few days, we can see that it brokeout the triangle and the SMA of 50 and the SMA of 20 on the daily timeframe, in addition to that it made a bullish engulfing exactly at the bottom of the triangle, confirming the signs of a rise in that zone.
At the moment it is making a movement correction, which in my view can have 2 possible scenarios, either it will start to show exhaustion when touching the upper part of the triangle, or it will retest the SMAS of 20 and 50.
MASK: BREAKOUT VIEWOur goal is to find the best possibilities in the market for the next movements and breakouts that can run on the market.
It's very hard to be always right and to find the right breakout, at last, we try to find the high possible chance, as there will be never a 100% guarantee.
Today after our study on the top coins we found out that MASK has the possibility to break out in the coming time, or at last to show some increased movements.
We will follow MASK for the next 24H this coin to see if it's able to show some increasing trend.
For MASK we expect that there is a good possibility that it can return to the $5 level.
Mask | Update Short Term
Maskusdt is losing support, and as we told in the recent update, Exactly Mask pumped and we took profit. now correction is expected.15-20% dump is expected in the price of mask.
it can be more,Yes, we will update it with time. For now it would be foolish to buy while there may be a better opportunity.
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