BTCUSDT brokeout above the descending broadening wedge resistance.
Price retested the flip wedge support + 0.618 fibonacci retracement level + ascending channel support.
RSI printed a bullish divergence signal.
Price action is printing an ascending triangle pattern.
Buy entry โฌ๏ธ - breakout above the ascending triangle horizontal resistance.
Targets ๐ฏ - fibonacci extension levels, ascending channel resistance.
Setup invalidation โ - breakdown below the ascending triangle inclined support.
Price retested the flip wedge support + 0.618 fibonacci retracement level + ascending channel support.
RSI printed a bullish divergence signal.
Price action is printing an ascending triangle pattern.
Buy entry โฌ๏ธ - breakout above the ascending triangle horizontal resistance.
Targets ๐ฏ - fibonacci extension levels, ascending channel resistance.
Setup invalidation โ - breakdown below the ascending triangle inclined support.