ANALYSIS 🔎
- TRX/USDT was bounded in the ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- Price brokeout above the ascending triangle's horizontal resistance as expected.
- This is a bullish signal.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Fibonacci extension levels 1.0, 1.272, 1.414.
SETUP INVALIDATION ❌
- Breakdown below the previous swing low.
- TRX/USDT was bounded in the ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- Price brokeout above the ascending triangle's horizontal resistance as expected.
- This is a bullish signal.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Fibonacci extension levels 1.0, 1.272, 1.414.
SETUP INVALIDATION ❌
- Breakdown below the previous swing low.
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.
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.