ANALYSIS 🔎
- IOSTUSDT bounced off the ascending channel support and brokeout above the descending trendline resistance (1).
- Price is heading to the ascending channel resistance.
- Price is undergoing a minor retracement to the key fibonacci retracement levels.
- We could see an uptrend continuation from those key levels.
- The minor retracement is resisted by the descending trendline resistance (2).
BUY ENTRY ⬆️
- Aggressive (risky) : fibonacci retracement levels.
- Conservative : breakout above the descending trendline resistance (2).
TARGETS 🎯
- Swing high
- Fibonacci extension levels
SETUP INVALIDATION ❌
- Breakdown below the ascending channel support.
- IOSTUSDT bounced off the ascending channel support and brokeout above the descending trendline resistance (1).
- Price is heading to the ascending channel resistance.
- Price is undergoing a minor retracement to the key fibonacci retracement levels.
- We could see an uptrend continuation from those key levels.
- The minor retracement is resisted by the descending trendline resistance (2).
BUY ENTRY ⬆️
- Aggressive (risky) : fibonacci retracement levels.
- Conservative : breakout above the descending trendline resistance (2).
TARGETS 🎯
- Swing high
- Fibonacci extension levels
SETUP INVALIDATION ❌
- Breakdown below the ascending channel support.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
