BADGER/USDTPERP Long-Term Trend: Bullish
Key Resistance Levels: 32.230, 34.050, 34.500
Key Support Levels: 25.425, 21.260. 21.050
The price on the higher time frame posted a double bottom which let it able to break the wedge formation to the upside. The trend direction is upward where it posted higher highs and lows. Recently, the coin left a correction count near the 25.425 USDT mark before a new impulsive wave to the upside.
BADGER/USDTPERP Medium-Term Trend: Bullish
On the lower time frame, the price succeeded to break the bullish flag to the upside by posting a Wyckoff accumulation phase near the strong support around the 25.425 USDT. This led to a reversal and a move higher. A lower correction could be seen to the highlighted zone before a new upward movement toward the target profit.
Buy Limit Order @ 27.960
TP 1 @ 31.855
TP 2 @ 32.230
Stop Loss @ 26.935
Trade Safely 🙂