TWTUSDT: Breakout Imminent or Bullish Reversal in Danger?

Oct 11

Yello, Paradisers! 🚨 Is TWTUSDT on the verge of a major breakout, or are we in for a reversal? Here’s why you need to pay close attention! 👇

💎TWTUSDT is showing signs of bullish momentum after forming a double bottom and breaking out of a resistant trendline. Currently we’re seeing the formation of an inverse head and shoulders pattern just below the resistance zone—an interesting development that could hint at a bullish continuation.

💎If TWTUSDT breaks out of the resistance zone and closes a candle above it, this would significantly increase the probability of a bullish move. Watch for that confirmation!

💎In the event of a fall, we could expect a bounce from the support zone. However, to strengthen the bullish case, it would be better to wait for an I-CHoCH (Internal Change of Character) signaling a return to bullish market structure. This would put the probability back in our favor.

💎A breakdown and candle closing below the support zone would invalidate our entire bullish outlook.

🎖Stay patient and disciplined, Paradisers. Wait for the best setups and confirmations, as always. Consistency and careful strategy execution are the keys to long-term success in this market!

MyCryptoParadise
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