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WAVESUSDT - Weekly analysis
WAVESUSDT retraced as expected from my previous analysis.
Price retested the flip horizontal support + 0.618 fibonacci retracement.
Price brokeout above the pullback descending trendline resistance.
We could see an uptrend continuation.
Targets 🎯 - previous swing high ( ATH ), fibonacci extension levels.
Setup invalidation ❌ - breakdown below the previous swing low ( flip horizontal support ).
Price retested the flip horizontal support + 0.618 fibonacci retracement.
Price brokeout above the pullback descending trendline resistance.
We could see an uptrend continuation.
Targets 🎯 - previous swing high ( ATH ), fibonacci extension levels.
Setup invalidation ❌ - breakdown below the previous swing low ( flip horizontal support ).
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