FLock.io / USDT
Updated

FLOCKUSDT Cup & Handle Breakout, More Rally Loading

2 305
FLOCKUSDT has successfully broken out above the strong cup and handle neckline zone, confirming a bullish continuation structure. The current pullback towards the breakout zone should act as a healthy retest and provide a strong buy-back opportunity.

As long as the neckline zone holds, we anticipate another leg up that could trigger a more aggressive rally towards the projected bullish targets shown on the chart. Failure to hold the neckline zone, however, would invalidate the setup and delay the bullish move.

The plan remains to accumulate from the retest zone and follow the bullish path while keeping risk management in place.
Trade active
Very big breakout soon, do not waste time on this
snapshot
Trade closed: stop reached

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.