Chibuike_Odoh

CVCUSDT (CVC) - UPTREND CONTINUATION

Long
BINANCE:CVCUSDT   Civic / TetherUS
ANALYSIS πŸ”Ž
- CVCUSDT bounced off the ascending channel support, breakout out above the falling wedge's resistance.
- CVCUSDT hit a swing high and retraced.
- Price retested the falling wedge's resistance.
- Price action is printing an ascending triangle pattern.
- Price is testing the ascending triangle's horizontal resistance.
- Breakout above the ascending triangle's horizontal resistance could be an uptrend continuation signal.

BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.

TARGETS 🎯
- Horizontal resistance levels (R1, R2).
- Fibonacci extension levels.
- Ascending channel resistance.

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.

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