$IONQ just cleanly broke the downtrend line on bot
Post# of 7
(Total Views: 47)
Posted On: 05/02/2025 7:02:32 PM
$IONQ just cleanly broke the downtrend line on both the daily and weekly charts.
???? What to Watch Next
Above 32 → opens room to:
36.33 (0.5 fib)
40.68 (0.618)
46.88 (0.786)
A minor pullback to the 28–30 zone could offer a great entry if it forms a higher low.
Bullish Trigger Setup
Retest and hold of that 30–31 zone = ideal long entry with stop just below trendline.
Volume spike on continuation = confirmation for targeting 36/41 next.
https://www.threads.com/@millionaire.traders....t_djTB4RyQ
???? What to Watch Next
Above 32 → opens room to:
36.33 (0.5 fib)
40.68 (0.618)
46.88 (0.786)
A minor pullback to the 28–30 zone could offer a great entry if it forms a higher low.
Bullish Trigger Setup
Retest and hold of that 30–31 zone = ideal long entry with stop just below trendline.
Volume spike on continuation = confirmation for targeting 36/41 next.
https://www.threads.com/@millionaire.traders....t_djTB4RyQ
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