Chibuike_Odoh

VITEUSDT (VITE) - POTENTIAL BUY ENTRY

Long
BINANCE:VITEUSDT   VITE / TetherUS
ANALYSIS πŸ”Ž
- VITEUSDT was bounded in the descending triangle (DT) pattern.
- Price brokeout above the descending triangle's (DT) inclined resistance.
- This is a bullish signal.

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

TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).

SETUP INVALIDATION ❌
- Initial invalidation : breakdown below the previous swing low horizontal support level (S1).
- Final invalidation : breakdown below the descending triangle's (DT) horizontal support level (S2).

Comments

Do You think the best point to short is 19 yet?!
+1 Reply
Great work! I pulled out as It was heading back down to support!πŸ˜₯
+1 Reply
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