Long
FRONT/BUSD { FRONTIER } - BULLISH SETUP
ANALYSIS 🔎
- FRONT/BUSD is bounded in the falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- There's a breakout potential above the falling wedge resistance
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the falling wedge's resistance.
- Limit entry: test of the falling wedge's support.
TARGETS 🎯
- Horizontal resistance level (@1.3052).
- Horizontal resistance level (@1.4640).
- Horizontal resistance level (@1.6804).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
- FRONT/BUSD is bounded in the falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- There's a breakout potential above the falling wedge resistance
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the falling wedge's resistance.
- Limit entry: test of the falling wedge's support.
TARGETS 🎯
- Horizontal resistance level (@1.3052).
- Horizontal resistance level (@1.4640).
- Horizontal resistance level (@1.6804).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
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.
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.