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.
