Panjang
VITE/BTC { VITE } - BULLISH SETUP
ANALYSIS 🔎
- VITE/BTC was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price action printed the double bottom pattern.
- The double bottom is a bullish reversal pattern.
- Price brokeout above the double bottom neckline resistance.
- This is a bullish signal.
- Price action is printing an ascending triangle pattern at the right bottom.
- An ascending triangle is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.00000214).
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.00000351).
- Horizontal resistance level (@0.00000431).
- Horizontal resistance level (@0.00000506).
- Horizontal resistance level (@0.00000600).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
- VITE/BTC was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- Price action printed the double bottom pattern.
- The double bottom is a bullish reversal pattern.
- Price brokeout above the double bottom neckline resistance.
- This is a bullish signal.
- Price action is printing an ascending triangle pattern at the right bottom.
- An ascending triangle is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.00000214).
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.00000351).
- Horizontal resistance level (@0.00000431).
- Horizontal resistance level (@0.00000506).
- Horizontal resistance level (@0.00000600).
SETUP 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.