VETUSDT brokedown below the ascending trendline support.
Price retested the flip trendline resistance + 0.618 fibonacci retracement level.
The pullback is supported by an ascending trendline.
Sell entry ⬇️ - breakdown below the pullback trendline support.
Targets 🎯 - previous swing low, fibonacci extension levels.
Setup invalidation ❌ - breakout above the previous swing high.
Price retested the flip trendline resistance + 0.618 fibonacci retracement level.
The pullback is supported by an ascending trendline.
Sell entry ⬇️ - breakdown below the pullback trendline support.
Targets 🎯 - previous swing low, fibonacci extension levels.
Setup invalidation ❌ - breakout above the previous swing high.
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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.