BRETTUSDT.P A Potential Bullish Setup!!

BRETTUSDT.P chart is showing a potentially bullish pattern on the daily timeframe, around the 61.8% Fibonacci retracement level and a long-term trendline originating from May 14, 2024.

BTCUSDT.P has been retesting the 200-day EMA for three consecutive days, indicating a zone of high interest.

Important Note: This analysis is based on a candle that has not yet closed. It’s crucial to wait for confirmation with a full daily candle close above the trendline and Fibonacci level before considering a trade and sometimes even wait for double retest.

This idea adds clarity that the analysis is anticipatory, giving traders a heads-up on a potential setup.