ANALYSIS 🔎
- TWTUSDT is testing the ascending channel support.
- Price action is printing the inverse head and shoulders pattern.
- There's a breakout potential.
- This is double trade setup.
FIRST SETUP
- Buy entry⬆️: breakout above the inverse head and shoulders neckline resistance
- Targets 🎯: first fibonacci extension levels, swing high resistance (R1).
- Setup invalidation ❌: breakdown below the right shoulder support level (S1).
SECOND SETUP
- Buy entry ⬆️: breakout above the swing high resistance (R1).
- Targets 🎯: second fibonacci extension levels, ascending channel resistance.
- Setup invalidation ❌: breakdown below the ascending channel support.
- TWTUSDT is testing the ascending channel support.
- Price action is printing the inverse head and shoulders pattern.
- There's a breakout potential.
- This is double trade setup.
FIRST SETUP
- Buy entry⬆️: breakout above the inverse head and shoulders neckline resistance
- Targets 🎯: first fibonacci extension levels, swing high resistance (R1).
- Setup invalidation ❌: breakdown below the right shoulder support level (S1).
SECOND SETUP
- Buy entry ⬆️: breakout above the swing high resistance (R1).
- Targets 🎯: second fibonacci extension levels, ascending channel resistance.
- Setup invalidation ❌: breakdown below the ascending channel support.