Could MATICUSDT Be on the Verge of a Major Bullish Breakout?
Yello, Paradisers! Are we about to witness a powerful move in MATICUSDT?
💎MATICUSDT has recently formed a classic Cup & Handle pattern, a bullish signal that can't be ignored. What's even more intriguing is that this pattern has developed within a Higher Time Frame (HTF) demand zone, significantly increasing the likelihood of a strong upward move. 📈
💎However, as seasoned traders know, confirmation is key. For this Cup & Handle pattern to be validated, we need to see a breakout followed by a candle close above the resistance zone. This will pave the way for us to target the next resistance levels confidently.
💎But what if the market pulls back? In that scenario, we could see the formation of a potential double bottom pattern within the bullish Order Block (OB) on a lower timeframe. Keep an eye out for an I-CHoCH (Internal Change of Character) as further confirmation.
💎On the flip side, if we see a breakdown with a candle closing below the bullish OB, this would invalidate our bullish setup, signaling that it's time to reconsider our strategy.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
💎MATICUSDT has recently formed a classic Cup & Handle pattern, a bullish signal that can't be ignored. What's even more intriguing is that this pattern has developed within a Higher Time Frame (HTF) demand zone, significantly increasing the likelihood of a strong upward move. 📈
💎However, as seasoned traders know, confirmation is key. For this Cup & Handle pattern to be validated, we need to see a breakout followed by a candle close above the resistance zone. This will pave the way for us to target the next resistance levels confidently.
💎But what if the market pulls back? In that scenario, we could see the formation of a potential double bottom pattern within the bullish Order Block (OB) on a lower timeframe. Keep an eye out for an I-CHoCH (Internal Change of Character) as further confirmation.
💎On the flip side, if we see a breakdown with a candle closing below the bullish OB, this would invalidate our bullish setup, signaling that it's time to reconsider our strategy.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Note
Just as predicted, #MATIC's up a smooth 27.87%!
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Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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