VITEUSDT (VITE) - POTENTIAL BUY ENTRY Long

VITE / TetherUSBinance

Description

⋅ Mar 20, 2021 7:16 AM

ANALYSIS 🔎
- VITEUSDT was bounded in the descending triangle (DT) pattern.
- Price brokeout above the descending triangle's (DT) inclined resistance.
- This is a bullish signal.

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

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

SETUP INVALIDATION ❌
- Initial invalidation : breakdown below the previous swing low horizontal support level (S1).
- Final invalidation : breakdown below the descending triangle's (DT) horizontal support level (S2).

Comments

minahojjati

⋅ Mar 31, 2021 3:47 AM

Do You think the best point to short is 19 yet?!

bob04

⋅ Mar 21, 2021 11:35 AM

Great work! I pulled out as It was heading back down to support!😥

Chibuike_Odoh

⋅ Mar 21, 2021 5:17 PM

@bob04 👍