ANALYSIS 🔎 - BTCUSDT tested the symmetrical triangle's inclined support and brokeout above the descending trendline resistance. - Price is retracing for a retest of the descending trendline resistance and the key fibonacci retracement levels. - Price made a higher high. - Price action is printing the inverse head and shoulders trend reversal pattern. - RSI is printing a bullish divergence signal.
BUY ENTRY ⬆️ - Aggressive (risky): fibonacci retracement levels. - Conservative: breakout above the inverse head and shoulders neckline resistance.