TVKBUSD (TERRA VIRTUA) - UPTREND CONTINUATION Long

Description

⋅ Mar 20, 2021 2:20 PM

ANALYSIS 🔎
- TVKBUSD is supported by the ascending trendline support (ATS).
- Price hit an ATH and retraced for a retest of the ascending trendline support ( ATS ) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- RSI is printing a bullish divergence signal (BDS).
- There's an uptrend continuation possibility.

BUY ENTRY ⬆️
- Breakout above the horizontal resistance level (R1).

TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support ( ATS ) and the horizontal support level (S1).