ANALYSIS 🔎
- CREAMBUSD is bounded in the ascending channel.
- Price hit an ATH and retraced for a retest of the ascending channel support
- There's an uptrend continuation possibility.
- Price action is printing an ascending traingle at the retest zone.
- This is a bullish build up pattern.
BUY ENTRY ⬆️
- Breakout above the ascending traingle's horizontal resistance.
BUY CONFIRMATION ✅
- Breakout above the horizontal resistance level (@220)
TARGETS 🎯
- All-time high resistance level (@380)
- Fibonacci extension levels.
- Ascending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle support.
- CREAMBUSD is bounded in the ascending channel.
- Price hit an ATH and retraced for a retest of the ascending channel support
- There's an uptrend continuation possibility.
- Price action is printing an ascending traingle at the retest zone.
- This is a bullish build up pattern.
BUY ENTRY ⬆️
- Breakout above the ascending traingle's horizontal resistance.
BUY CONFIRMATION ✅
- Breakout above the horizontal resistance level (@220)
TARGETS 🎯
- All-time high resistance level (@380)
- Fibonacci extension levels.
- Ascending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle support.