Chibuike_Odoh

ZENUSDT - Potential sell entry 🔽

Short
BINANCE:ZENUSDT   Horizen / TetherUS
ZENUSDT brokedown below the ascending trendline support.
RSI printed a bearish divergence signal.
Price action is printing a descending triangle pattern.
Sell entry ⬇️ - breakdown below the descending triangle's horizontal support.
Target 🎯 - fibonacci extension levels, descending channel support.
Setup invalidation ❌ - breakout above the descending triangle's inclined resistance.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.