Chibuike_Odoh

VITEUSDT (VITE) - POTENTIAL BUY ENTRY

Long
BINANCE:VITEUSDT   VITE / TetherUS
ANALYSIS 🔎
- VITEUSDT brokeout above the falling wedge's (FW) resistance and retraced.
- The retracement is resisted by the descending trendline resistance (DTR).
- There's an uptrend potential.

BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR).

TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).

SETUP INVALIDATION ❌
- Breakdown below the horizontal support level (S1).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.