ANALYSIS 🔎
- XTZUSDT is resisted by the descending trendline resistance.
- Price is testing the descending trendline resistance
- Price action is printing an ascending triangle pattern at the test zone.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
- XTZUSDT is resisted by the descending trendline resistance.
- Price is testing the descending trendline resistance
- Price action is printing an ascending triangle pattern at the test zone.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.