Long
CGG/USDT { CHAIN GUARDIANS } - BULLISH SETUP
ANALYSIS 🔎
- CGG/USDT is consolidating in a symmetrical triangle pattern .
- Price is testing the symmetricaltriangle's inclined support.
- The market could bounce from this support zone if we have a relatively large buyers concentration.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
- Horizontal resistance level (@2.1795).
- Horizontal resistance level (@2.5000).
- Fibonacci extension level 1.0 (@3.5779).
STOP LOSS ❌
- Breakdown below the symmetrical triangle's inclined support.
- CGG/USDT is consolidating in a symmetrical triangle pattern .
- Price is testing the symmetricaltriangle's inclined support.
- The market could bounce from this support zone if we have a relatively large buyers concentration.
BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: breakout above the symmetrical triangle's inclined resistance.
TARGETS 🎯
- Symmetrical triangle's inclined resistance.
- Horizontal resistance level (@2.1795).
- Horizontal resistance level (@2.5000).
- Fibonacci extension level 1.0 (@3.5779).
STOP LOSS ❌
- Breakdown below the symmetrical triangle's inclined support.
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