Login / Join

Technical analysis by Alpha-GoldFX about Symbol CITY: Buy recommendation (5 hour ago)

https://sahmeto.com/message/3698368
Alpha-GoldFX
Alpha-GoldFX
Rank: 246
3.2
Buy،Technical،Alpha-GoldFX

CITYUSDT (Manchester City Fan Token) has built a recognizable falling wedge pattern, a reliable bullish reversal formation that’s taking shape after a corrective phase. Price is narrowing between descending resistance and rising support trendlines, indicating diminishing selling pressure and growing potential for a breakout. Despite the downtrend, trading volume has held steady—suggesting accumulation rather than capitulation, and a base forming for an upcoming move. Historically, breakouts from falling wedges are followed by strong upside surges, and the expected payoff here is estimated at 40% to 50%+, a compelling risk-to-reward setup for swing traders. What's noteworthy is the shift in broader sentiment. CITYUSDT has shown recent strength, outperforming the broader crypto market with a weekly gain of over 10% and growing technical buy signals across moving averages and momentum indicators. This shift aligns technically with the wedge formation and supports the case for a breakout. If you're watching for breakout candidates in the mid-cap crypto space, CITYUSDT’s setup combines clean structure, healthy volume, and improving market psychology into one actionable package. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is your opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 day
Valid Until:
28 Day
Profit Target:
$1.68
Price at Publish Time:
$1.18
Share
Signals
Top Traders
Feed
Alerts