ANALYSIS 🔎
- ZRXUSDT is printing an ascending triangle pattern.
- Price bounced off the ascending triangle's inclined support.
- Price also brokeout above the descending trendline resistance.
- We could see a test of the ascending triangle's horizontal resistance.
BUY ENTRY ⬆️
- Breakout above the horizontal resistance level (R1).
TARGET 🎯
- Ascending triangle's horizontal resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
- ZRXUSDT is printing an ascending triangle pattern.
- Price bounced off the ascending triangle's inclined support.
- Price also brokeout above the descending trendline resistance.
- We could see a test of the ascending triangle's horizontal resistance.
BUY ENTRY ⬆️
- Breakout above the horizontal resistance level (R1).
TARGET 🎯
- Ascending triangle's horizontal resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
