I’ll be honest, the double bottom is one of my favorite patterns because the R:R is excellent. The higher the timeframe, the stronger and more reliable the setup. CRYPTOCAP:GNO looks primed for a major move, with a potential 500% profit on the table. Patience will pay here.

#GNO is moving inside an ascending triangle on the daily chart. It has bounced off the triangle support line and the daily SMA200 and is now on the verge of breaking out above the resistance zone. If that happens, the potential targets are: 🎯 $172.35 🎯 $191.60 🎯 $219.00 🎯 $253.90 ⚠️ Always remember to use a tight stop-loss and follow proper risk management.

GNOUSDT has recently shown a strong breakout from its consolidation zone, signaling renewed bullish momentum in the market. The chart structure indicates a breakout above a key resistance level that has now turned into support, providing strength to the ongoing upward move. With volume supporting this breakout, traders are eyeing a potential rally that could deliver gains of 30% to 40%+ in the coming sessions. This bullish setup reflects the confidence of investors who are actively accumulating at these levels. The steady increase in volume is a strong confirmation of growing market participation, which often fuels sustained rallies. If the price continues to hold above the breakout zone, GNOUSDT may enter into a new bullish wave, attracting both short-term traders and long-term investors. Investors are closely monitoring this crypto pair as it shows resilience and momentum after a prolonged accumulation phase. With clear breakout signals and improving sentiment, the upside potential remains strong, and the path towards higher levels seems more achievable. This makes GNOUSDT a pair worth watching for potential opportunities in the days ahead. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!

GNO/USD pair is unfolding a clean Elliott Wave impulse pattern on the 4-hour chart. The rally began with Wave (1) reaching 113.50, followed by a corrective Wave (2) that bottomed near 105.28. This set the stage for a powerful Wave (3) that surged to 156.59, aligning well with Elliott Wave theory where Wave 3 is typically the strongest and steepest leg in the sequence. Wave (4) is now in progress, taking the form of an A-B-C correction inside a descending channel. Interim support was found at 138.95 during Wave A, and Wave C could extend toward the 0.382 Fibonacci retracement level at 136.79 or the deeper support zone near 129.5. These levels are crucial, as they often mark the end of a corrective phase and the beginning of the next impulse. A confirmed breakout above 147.4 would signal the start of Wave (5) and the return of bullish momentum. Short-term targets have the potential to reach 135 – 128 , while 125.22 remains the invalidation level for this bullish setup. After the completion of Wave (4), traders can look for long opportunities targeting 147 – 154 – 172 . As long as the structure holds and price respects key supports, the outlook remains favorable for a fresh push higher in Wave (5).

GNOUSDT is making new Higher Highs and Higher Lows it is good to buy after breakout of Higher High

🔍 ✅ Trade Type: Long (Bullish) 🔰 Entry Zone: Price is breaking a falling wedge pattern near $131.88, confirmed by: Bullish breakout from downtrend line (white line). Support bounce near the yellow horizontal line (~$130.00). 🛑 Stop-Loss (SL): $129.68 Below the recent support — logical invalidation level. 🎯 Take-Profit (TP) Levels: TP1: $135.65 (red line – previous resistance) TP2: $139.09 (green line – major horizontal resistance) 📊 Risk-to-Reward Ratio: Excellent — roughly 1:3 R:R, depending on entry precision. 🔄 Technical Highlights: Falling wedge (bullish reversal pattern) is breaking out. Multiple rejection wicks at the bottom support line (accumulation sign). Potential reversal from oversold conditions.