Chibuike_Odoh

BTCUSDT - Potential buy entry πŸ”Ό

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT brokeout above the descending broadening wedge resistance.
Price is retested the flip wedge support + 0.618 fibonacci retracement level + ascending channel support.
RSI printed a bullish divergence signal.
Price action is printing a symmetrical triangle pattern .
Buy entry ⬆️ - breakout above the symmetrical triangle resistance.
Targets 🎯 - previous swing high, fibonacci extension levels, ascending channel resistance.
Setup invalidation ❌ - breakdown below the symmetrical triangle support.

Comments

good work
+3 Reply
Chibuike_Odoh importantCode12562
@importantCode12562 thanks mate πŸ‘
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Great and accurate trading idea.
+1 Reply
Chibuike_Odoh CollegeofPips
@CollegeofPips πŸ‘πŸ‘πŸ‘
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