Long
DIA/USDT { ARAGON } - BULLISH SETUP
ANALYSIS 🔎
- DIA/USDT is testing the all-time low support.
- There is a relatively high concentration of buyers at this zone.
- Price action is printing a symmetrical triangle pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@2.164).
- Horizontal resistance level (@2.580).
- Fibonacci extension level 1.0 (@3.041).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
- DIA/USDT is testing the all-time low support.
- There is a relatively high concentration of buyers at this zone.
- Price action is printing a symmetrical triangle pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@2.164).
- Horizontal resistance level (@2.580).
- Fibonacci extension level 1.0 (@3.041).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.