ANALYSIS 🔎
- JUV/USDT hit a swing high and retraced.
- Price retested the all-time low support.
- There was a relatively high concentration of buyers at that zone.
- Price bounced off the support zone, hit a swing high and retraced.
- Price is currently testing the key fibonacci retracement zone ( 0.5 - 0.618 - 0.784 ).
- The retracement is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry (more profitable): the key fibonacci retracement zone ( 0.5 - 0.618 - 0.784 ).
- Conservative entry (higher success rate): breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (@15.47).
- Horizontal resistance level (@17.15).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level
Eğlence 🥂
- JUV/USDT hit a swing high and retraced.
- Price retested the all-time low support.
- There was a relatively high concentration of buyers at that zone.
- Price bounced off the support zone, hit a swing high and retraced.
- Price is currently testing the key fibonacci retracement zone ( 0.5 - 0.618 - 0.784 ).
- The retracement is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry (more profitable): the key fibonacci retracement zone ( 0.5 - 0.618 - 0.784 ).
- Conservative entry (higher success rate): breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (@15.47).
- Horizontal resistance level (@17.15).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level
Eğlence 🥂