BTSUSDT (BITSHARES) - POTENTIAL BUY ENTRY Long

Description

⋅ Mar 6, 2021 11:53 AM

ANALYSIS 🔎
- BTSUSDT brokeout above descending trendline resistance.
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance (R1).

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

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.

Comments

smlsyed99

⋅ Mar 6, 2021 4:50 PM

can I take the entry breakout and correction is happening

Chibuike_Odoh

⋅ Mar 6, 2021 7:03 PM

@smlsyed99, 👍

josef1984

⋅ Mar 6, 2021 1:47 PM

thanks for the analysis always great .

Chibuike_Odoh

⋅ Mar 6, 2021 3:03 PM

@josef1984 👍👍👍

AlkalineFX

⋅ Mar 7, 2021 9:37 AM

Value each time

Chibuike_Odoh

⋅ Mar 7, 2021 11:38 AM

@AlkalineFX thanks