π Paradisers, #FLOKI has broken out of the Descending Channel and formed a 'W' pattern at the bullish Order Block (OB) level, which enhances the probability of a bullish move.
π If #FLOKIUSDT breaks above the resistance level, we can target the next resistance levels. Remember, we need a confirmed candle close above this level.
π In the case of a pullback, we can anticipate a bounce from the Bullish OB level. We might see a potential double or triple bottom pattern here, improving our risk-to-reward ratio, making this scenario more favorable for entries.
π However, if the price breaks down below the bullish OB level, it would be better to disregard this setup and wait for more favorable price action to develop.
π If #FLOKIUSDT breaks above the resistance level, we can target the next resistance levels. Remember, we need a confirmed candle close above this level.
π In the case of a pullback, we can anticipate a bounce from the Bullish OB level. We might see a potential double or triple bottom pattern here, improving our risk-to-reward ratio, making this scenario more favorable for entries.
π However, if the price breaks down below the bullish OB level, it would be better to disregard this setup and wait for more favorable price action to develop.
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Follow a team of traders with 10+ years of experience?
JOIN FREEπ t.me/+IaNzEzXsdiBlNDg0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV