ANALYSIS 🔎
- DATA/USDT brokeout above the symmetrical triangle's inclined resistance as expected from my previous analysis.
- This is a bullish signal.
- Price then hit a swing high (@0.223) and retraced.
- Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786) and symmetrical triangle's inclined resistance.
- There's a high concentration of buyers at this zone.
- There's an uptrend continuation potential.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Horizontal resistance level (@0.16554).
- Horizontal resistance level (@0.22300).
- Horizontal resistance level (@0.25863).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level (@0.13097).
- DATA/USDT brokeout above the symmetrical triangle's inclined resistance as expected from my previous analysis.
- This is a bullish signal.
- Price then hit a swing high (@0.223) and retraced.
- Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786) and symmetrical triangle's inclined resistance.
- There's a high concentration of buyers at this zone.
- There's an uptrend continuation potential.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Horizontal resistance level (@0.16554).
- Horizontal resistance level (@0.22300).
- Horizontal resistance level (@0.25863).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level (@0.13097).
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.