ANALYSIS 🔎
- 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).
- 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).