BZRXUSDT bounced off the descending triangle support as expected from my previous analysis.
Price is testing the descending triangle inclined resistance.
Potential rejection of the inclined resistance.
Sell entry โฌ๏ธ - breakdown below the minor ascending channel resistance.
Target ๐ฏ - descending triangle support.
Setup invalidation โ - breakout above the descending triangle inclined resistance.
Price is testing the descending triangle inclined resistance.
Potential rejection of the inclined resistance.
Sell entry โฌ๏ธ - breakdown below the minor ascending channel resistance.
Target ๐ฏ - descending triangle support.
Setup invalidation โ - breakout above the descending triangle inclined resistance.