Description
⋅ ANALYSIS 🔎
- XVS/USDT is consolidating in a symmetrical triangle pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@34.21).
- Horizontal resistance level (@42.98).
- Fibonacci extension level 1.0 (@54.24).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.