Chibuike_Odoh

TVKBUSD (TERRA VIRTUA) - UPTREND CONTINUATION

Long
BINANCE:TVKBUSD   TVK / BUSD
ANALYSIS πŸ”Ž
- TVKBUSD is supported by the ascending trendline support ( ATS ).
- Price hit an ATH and retraced for a retest of the ascending trendline support ( ATS ) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- RSI is printing a bullish divergence signal (BDS).
- There's an uptrend continuation possibility.

BUY ENTRY ⬆️
- Breakout above the horizontal resistance level (R1).

TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support ( ATS ) and the horizontal support level (S1).

Comments

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