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.
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.