DENT / TetherUSLong
DENTUSDT { DENT } - BULLISH SETUP
ANALYSIS 🔎
- DENTUSDT printed the inversed head and shoulders pattern.
- The inverse head and shoulders pattern is a bullish reversal pattern.
- Price brokeout above the neckline resistance as expected.
- This is a bullish signal.
BUY ENTRY ⬆️
- Current market price.
- Possible short term retracement.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the right shoulder's horizontal suppor level.
- DENTUSDT printed the inversed head and shoulders pattern.
- The inverse head and shoulders pattern is a bullish reversal pattern.
- Price brokeout above the neckline resistance as expected.
- This is a bullish signal.
BUY ENTRY ⬆️
- Current market price.
- Possible short term retracement.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the right shoulder's horizontal suppor level.
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.