Watch the same price range alternate between resistance and support, the blue line/space on the chart.
There is also a long-term double-bottom and the Adam & Eve formation, all together in the same chart.
This paints a picture of a changing cycle. The recovery from the A&E is quite strong. From the 11-March low we have two long months of painful recovery, slow and steady growth. But PendleUSDT now trades above resistance/support.
The chart is self-explanatory, once on the bullish zone, PENDLEUSDT can grow. This is the situation now. Resistance was conquered 9-May. The proceeding days it was tested as support and holds.
We can expect some consolidation above this level and then boom! A strong advance hitting new highs. Pendle is set to hit its highest prices ever in 2025 and then some more. $11 and $16 are the main targets.
Thank you for reading.
Namaste.
There is also a long-term double-bottom and the Adam & Eve formation, all together in the same chart.
This paints a picture of a changing cycle. The recovery from the A&E is quite strong. From the 11-March low we have two long months of painful recovery, slow and steady growth. But PendleUSDT now trades above resistance/support.
The chart is self-explanatory, once on the bullish zone, PENDLEUSDT can grow. This is the situation now. Resistance was conquered 9-May. The proceeding days it was tested as support and holds.
We can expect some consolidation above this level and then boom! A strong advance hitting new highs. Pendle is set to hit its highest prices ever in 2025 and then some more. $11 and $16 are the main targets.
Thank you for reading.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.