ANALYSIS 🔎
- FRONT/BUSD is bounded in the falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- There's a breakout potential above the falling wedge resistance
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the falling wedge's resistance.
- Limit entry: test of the falling wedge's support.
TARGETS 🎯
- Horizontal resistance level (@1.3052).
- Horizontal resistance level (@1.4640).
- Horizontal resistance level (@1.6804).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
- FRONT/BUSD is bounded in the falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- There's a breakout potential above the falling wedge resistance
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the falling wedge's resistance.
- Limit entry: test of the falling wedge's support.
TARGETS 🎯
- Horizontal resistance level (@1.3052).
- Horizontal resistance level (@1.4640).
- Horizontal resistance level (@1.6804).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.