ANALYSIS 🔎
- ALPHA/BTC was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market entry: current market price.
- Limit entry: possible retest.
- Stop limit: breakout above the horizontal resistance level (@0.00002342).
TARGETS 🎯
- Horizontal resistance level (@0.00002775).
- Horizontal resistance level (@0.00005019).
- Horizontal resistance level (@0.00007740).
SETUP INVALIDATION ❌
- Breakdown below the previous swing low support level.
- ALPHA/BTC was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market entry: current market price.
- Limit entry: possible retest.
- Stop limit: breakout above the horizontal resistance level (@0.00002342).
TARGETS 🎯
- Horizontal resistance level (@0.00002775).
- Horizontal resistance level (@0.00005019).
- Horizontal resistance level (@0.00007740).
SETUP INVALIDATION ❌
- Breakdown below the previous swing low support level.