ANALYSIS 🔎
- JST/USDT is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- Price is retesting the horizontal support level and key fibonacci retracement zone (0.618 - 0.702 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- There's a bullish bounce possibility.
BUY ENTRY ⬆️
- Key fibonacci retracement zone (0.618 - 0.702 - 0.786).
TARGETS 🎯
- Ascending triangle's horizontal resistance level (@0.09700).
- Further breakout above the ascending triangle's horizontal resistance could lead to a pump to the fibonacci extension level 1.0 (@0.11223).
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the 0.786 fibonacci retracement level (@0.07286).
- Final invalidation: breakdown below the ascending triangle's inclined support.
- JST/USDT is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- Price is retesting the horizontal support level and key fibonacci retracement zone (0.618 - 0.702 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- There's a bullish bounce possibility.
BUY ENTRY ⬆️
- Key fibonacci retracement zone (0.618 - 0.702 - 0.786).
TARGETS 🎯
- Ascending triangle's horizontal resistance level (@0.09700).
- Further breakout above the ascending triangle's horizontal resistance could lead to a pump to the fibonacci extension level 1.0 (@0.11223).
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the 0.786 fibonacci retracement level (@0.07286).
- Final invalidation: breakdown below the ascending triangle's inclined support.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.