DEXEUSDT: Triangle Pattern Triumph Could Signal Gains!
💎 Paradisers, #DEXEUSDT has broken out of a triangle pattern and is currently approaching a crucial resistance zone.
💎 If #DEXE closes a candle above the resistance zone, it will validate the breakout of the triangle pattern, and a bullish move is expected.
💎 In the case of a pullback, we can expect a bounce from the demand zone, but we need an Internal Change of Character (I-CHoCH) from here towards the bullish market structure for confirmation.
💎 However, if the price closes a candle below the demand zone, it will invalidate our entire idea. In that case, it would be better to wait for more appropriate price action to develop.
MyCryptoParadise
iFeel the success🌴
💎 If #DEXE closes a candle above the resistance zone, it will validate the breakout of the triangle pattern, and a bullish move is expected.
💎 In the case of a pullback, we can expect a bounce from the demand zone, but we need an Internal Change of Character (I-CHoCH) from here towards the bullish market structure for confirmation.
💎 However, if the price closes a candle below the demand zone, it will invalidate our entire idea. In that case, it would be better to wait for more appropriate price action to develop.
MyCryptoParadise
iFeel the success🌴
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.