Chibuike_Odoh

NKNUSDTPERP { NKN } - BULLISH SETUP

Long
BINANCE:NKNUSDTPERP   NKN / TetherUS PERPETUAL FUTURES
ANALYSIS 🔎
- NKNUSDTPERP is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.42721).
- Limit entry: test of the ascending triangle's inclined support.

TARGETS 🎯
- Fibonacci extension levels.

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