ANALYSIS 🔎
- THETAUSDT 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.
- slStop limit entry: Breakout above the horizontal resistance level (@6.75).
- Limit entry: Retest of the descending triangle's resistance.
TARGETS 🎯
- Horizontal resistance level (10.103).
- Horizontal resistance level (@15.88).
SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level (@3.47).
- THETAUSDT 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.
- slStop limit entry: Breakout above the horizontal resistance level (@6.75).
- Limit entry: Retest of the descending triangle's resistance.
TARGETS 🎯
- Horizontal resistance level (10.103).
- Horizontal resistance level (@15.88).
SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level (@3.47).