ANALYSIS 🔎
- FIOBUSD 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.
- Limit entry: Retest of the descending triangle's resistance.
TARGETS 🎯
- Horizontal resistance level (@0.24).
- Horizontal resistance level (@0.355).
- Horizontal resistance level (@0.5693).
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the horizontal support level (@0.1305).
- Final invalidation: breakdown below the horizontal support level (@0.1065).
- FIOBUSD 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.
- Limit entry: Retest of the descending triangle's resistance.
TARGETS 🎯
- Horizontal resistance level (@0.24).
- Horizontal resistance level (@0.355).
- Horizontal resistance level (@0.5693).
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the horizontal support level (@0.1305).
- Final invalidation: breakdown below the horizontal support level (@0.1065).