FieryTrading

🔥 DENT Primed For Break Out: Bullish Pennant

Long
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BINANCE:DENTUSDT   DENT / TetherUS
DENT has been trading sideways over the last couple of days. During this process, a bullish pennant pattern has been formed.
Bullish pennants are classically bullish continuation patterns, so that's where we're going to look at today.

I'm anticipating a break out from this pattern in the near future. A candle close above the pattern's resistance could be the starting sign of the next leg up. Be patient.

Targets in blue.
Kommentar:
Price broke out at the bottom, no entry has been made and signal invalidated.

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