AST/BTC { AIRSWAP } - BULLISH SETUP Long

AirSwap / BitcoinBinance

Description

⋅ Aug 9, 2021 8:13 PM

ANALYSIS 🔎
- AST/BTC was bounded in a descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.

BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: Breakout above the horizontal resistance level (@0.00000567).
- Limit entry: Retest of the descending triangle's resistance.

TARGETS 🎯
- Horizontal resistance level (@0.00001340).
- Horizontal resistance level (@0.00002748).

SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level.