Meta (
META
) could actually break the resistance trendline:
Click chart above to see the detailed analysis👆🏻
As we are speaking, Meta is actually retesting the major (and only) resistance trendline of the reverse triangle pattern. If we actually see the bullish breakout - which obviously has to then be confirmed - this triangle breakout could lead to an immediate rally of more than +40%.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
As we are speaking, Meta is actually retesting the major (and only) resistance trendline of the reverse triangle pattern. If we actually see the bullish breakout - which obviously has to then be confirmed - this triangle breakout could lead to an immediate rally of more than +40%.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Meta (
META
):
Click chart above to see the detailed analysis👆🏻
Meta is still struggling to finally break above the upper resistance trendline of the reverse triangle pattern. This means that we cannot be 100% bullish yet since there is actually the chance that Meta will reverse right here. Nevertheless optimism is important and that's why I still prefer a bullish breakout.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)