ANALYSIS π
- YFIIUSDT is printing the double bottom pattern.
- This is a bullish reversal pattern.
- RSI is printing a bullish divergence signal.
- The right bottom is supported by an ascending trendline support.
- Price is approaching the double bottom neckline resistance.
BUY ENTRY β¬οΈ
- Breakout above the double bottom neckline resistance.
TARGET π―
- Horizontal resistance level 1 (R1).
SETUP INVALIDATION β
- Breakdown below the ascending trendline support.
- YFIIUSDT is printing the double bottom pattern.
- This is a bullish reversal pattern.
- RSI is printing a bullish divergence signal.
- The right bottom is supported by an ascending trendline support.
- Price is approaching the double bottom neckline resistance.
BUY ENTRY β¬οΈ
- Breakout above the double bottom neckline resistance.
TARGET π―
- Horizontal resistance level 1 (R1).
SETUP INVALIDATION β
- Breakdown below the ascending trendline support.