ANALYSIS 🔎
- GTOUSDT was bounded in a descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: Breakout above the horizontal resistance level (@0.03849).
- Limit entry: Retest of the descending triangle's resistance.
TARGETS 🎯
- Horizontal resistance level (0 04499).
- Horizontal resistance level (@0.0942).
SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level (@0.0257).
- GTOUSDT was bounded in a descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: Breakout above the horizontal resistance level (@0.03849).
- Limit entry: Retest of the descending triangle's resistance.
TARGETS 🎯
- Horizontal resistance level (0 04499).
- Horizontal resistance level (@0.0942).
SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level (@0.0257).