Long
TORN/USDT { TORNADO CASH } - BULLISH SETUP
ANALYSIS 🔎
- TORN/USDT is consolidating in the symmetrical triangle pattern.
- Price is testing the symmetrical triangle's inclined support.
- The minor downtrend is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
- TORN/USDT is consolidating in the symmetrical triangle pattern.
- Price is testing the symmetrical triangle's inclined support.
- The minor downtrend is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
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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.