#BITCOIN WEEKLY CANDLE ALERT #BITCOIN WEEKLY CANDLE ALERT
In just 7 hours, #BTCUSDT is on the brink of making history.
Aiming for its highest weekly/monthly close EVER, and the first ever above previous cycle's peak!
Previous Highest Weekly Close : $68,951
Need to Close above $69,000
Will #BTC make Highest Weekly/Monthly Candle ?
CRYPTOCAP:BTC
Crypto
Eyes on HOOK! 🎣 Watch for Bullish Breakout! 🚀💎 Paradisers, #HOOK has broken out of a trendline and formed a W pattern, which suggests an increased likelihood of a bullish move.
💎If #HOOKUSDT manages to break above the resistance level, it could signify a bullish continuation.
💎In the event of a pullback, we might anticipate a bounce from the bullish order block (OB) due to the overall bullish market structure.
💎However, should the price break below the bullish OB level, it might indicate a shift to a bearish scenario. Nonetheless, it's wise to wait for clearer price action before making any trading decisions.
💎If you're new to technical analysis and finding it confusing, don't hesitate to reach out via DM or comment below. I'm here to assist you in navigating through it.
Keep an Eye on AAVE! 🚀 Bullish Cup and Handle Breakout Await! 💎 Paradisers, #AAVE has recently broken out of a cup and handle pattern, and we are currently awaiting confirmation of this breakout through a retest.
💎If #AAVEUSDT manages to surpass the previous high from where the price retraced below the cup and handle pattern, this would signal that the bulls are in control, and we can anticipate a bullish move.
💎In the event of a pullback, we can anticipate a bounce from the bullish order block (OB) due to the bullish market structure and supportive trendline.
💎However, if the price breaks down below the bullish OB level, it could be interpreted as a bearish scenario. Nevertheless, it may be prudent to wait for clearer price action before making any trading decisions.
💎If you're new to technical analysis and finding it confusing, feel free to reach out via DM or comment below. I'm here to assist you in navigating through it.
Keep an Eye on SILLY! 🚀 Potential Bullish Reversal in the Work💎 Paradisers, #SILLY has broken out of a trendline and formed an inverse head and shoulders pattern, which increases the likelihood of a bullish move.
💎If #SILLYUSDT breaks above the resistance zone or neckline area, it will confirm the inverse head and shoulders pattern, potentially signaling a bullish reversal.
💎However, in the event of a breakdown below the demand level, it may be considered a bearish scenario. Nonetheless, it might be wise to wait for better price action to develop before making any decisions.
💎If you're new to technical analysis and feeling confused, don't hesitate to DM or comment below. I'm here to help you navigate through it.
Keep Your Eyes on #INJ! 🚀 Potential Bullish Reversal Ahead!💎 Paradisers #INJ is exhibiting a bullish market structure and could potentially bounce from the bullish order block (OB) and supportive trendline.
💎If #INJUSDT forms any kind of bullish candlestick pattern at this juncture, it could be seen as confirmation of the bullish momentum.
💎However, in the event of a breakdown below the bullish OB and demand level, it may be interpreted as a bearish scenario. Nonetheless, it might be prudent to wait for better price action to develop before making any decisions.
💎If you're new to technical analysis and feeling confused, feel free to DM or comment below, and I'll be happy to assist you.
Get Ready for CFG Potential Bullish Surge! 🚀💎Paradisers, #CFG has broken out of a trendline and shown signs of bullish market structure, including CHoCH and BOS, while forming an inverse head and shoulders pattern, which increases the likelihood of a bullish move.
💎If #CFGUSDT breaks above the recent high, it could confirm a retest and potentially lead to movement towards resistant levels.
💎In the event of a pullback, we might anticipate a bounce from the bullish order block (OB).
💎However, if the price breaks down below the bullish OB level, it might be interpreted as a bearish structure. Nonetheless, given the overall bullish trend, it could be prudent to wait for clearer price action to form before making any decisions.
Exciting Potential for LUNA! Keep an Eye on Breakout Levels 💎 LUNA is exhibiting a bullish market structure and has formed a cup and handle pattern.
💎If LUNAUSDT manages to break above the resistance level, we can anticipate a bullish move towards the next resistance levels.
💎In the event of a pullback, we can anticipate a bounce from the trendline, especially considering the presence of a bullish order block (OB) in this area.
💎However, if the price breaks below this level, it may be considered a bearish scenario. Nevertheless, it might be prudent to disregard this scenario for now and wait for clearer price action to emerge before making any decisions.
ARB: Keep an Eye on Breakout Levels and Watch for Confirmation🚀💎Paradisers, #ARBUSDT has recently formed a W pattern within a supportive trendline, signaling a potential reversal after the price dipped below previous lows, likely indicating a shakeout of weak-handed investors.
💎 A breakout above the resistant level, coupled with confirmation of the W pattern, would significantly increase the likelihood of a bullish move. Such a scenario could suggest that the price has absorbed internal range liquidity and is poised to pursue external range liquidity.
💎 In the event of a breakdown below the supportive trendline, traders may anticipate a bounce from the bullish Order Block (OB). However, it's crucial to seek proper confirmation in this scenario, given its relatively lower probability.
💎 Nevertheless, if #ARB descends below the bullish OB, it may be prudent to adopt a wait-and-see approach and refrain from immediate action. Waiting for clearer price action to confirm would be advisable in such instances.
TRU: Stay Alert for Confirmations Before Taking Action! 🚀💎Paradisers, #TRUUSDT is currently demonstrating a bullish market structure, characterized by two significant bullish FVG (Fair Value Gap) patterns. Presently, the price trajectory is sharply upward, prompting anticipation of an impending retracement.
💎 As #TRU approaches a minor support level, traders should exercise caution, as this level may serve as a launchpad for further bullish continuation.
💎 Should the price retreat and approach the bullish Order Block (OB) level, marked by the presence of FVG and BB (Breaker Block), traders can anticipate a potential bounce. Confirmation of this bounce would ideally come in the form of ChoCH (Change of Character) near the 50% retracement level of the Fibonacci sequence.
💎 However, in the event of a breakdown below both identified levels, it is advisable to adopt a cautious approach and refrain from immediate action. Waiting for clearer price action to materialize would offer better insights for making informed decisions.
CELR: Watch Out for Breakout and Pullback Opportunities! 🚀💎Paradisers, #CELRUSDT has recently made significant strides by breaking out of a resistive trendline and forming an inverse head and shoulders pattern, indicating a heightened likelihood of a bullish reversal upon confirmation.
💎If #CELR break above the resistant level, it would pave the way for further bullish movement towards subsequent resistance levels.
💎In the event of a pullback, we can anticipate a bounce from the bullish OB (Order Block) level, which often serves as a strong support area.
💎However, in the scenario where the price breaks down below both of our identified levels, it may be prudent to exercise caution and refrain from taking immediate action. Waiting for clearer price action to emerge could provide better insights before making any decisions.
IDEA: 🚀 Keep an Eye on Breakout Levels and Support Zones💎IDEAUSDT has recently exhibited signs of a bullish market structure, showing characteristics of CHoCH (Change Of Character) and BOS (Break Of Structure). Additionally, it has formed a W pattern, indicating a potential bullish reversal.
💎A breakout above our resistance area would confirm a successful retest and signal further upward movement towards the next resistance levels.
💎In case of a pullback, we can anticipate a bounce from the previously broken resistance zone, which now serves as support. This level is further reinforced by the presence of a 50% Fibonacci retracement, adding to its significance.
💎However, if the price were to decline below the support zone, it may signal a bearish shift. Nevertheless, I would advise exercising caution and refraining from making hasty decisions based solely on this development at present.
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SNX: Keep an Eye on Breakout Levels🚀💎Paradisers, #SNX has recently displayed CHoCH and BOS, indicating a bullish market structure, and formed a cup and handle pattern, suggesting a potential bullish reversal.
💎If #SNXUSDT manages to break above the resistant level, it could signify further upward movement, with potential targets towards the next swing resistant levels.
💎In the event of a pullback, we can anticipate a bounce from the bullish OB, especially if accompanied by bullish candlestick patterns in this area.
💎However, if the price breaks down below this area, technically signaling a bearish scenario, it would be prudent to ignore it, considering the prevailing bullish sentiment in the market.
🚀 Watch for Breakout Confirmation and Potential Upside Targets!💎Paradisers, #QNT has recently broken out of a trendline, exhibited CHoCH in its price action, and formed an inverse head and shoulders pattern, all indicating a potential bullish move.
💎If #QNTUSDT manages to break above the resistance area, it suggests a continuation of the bullish momentum, with potential targets towards the next resistance area.
💎In the event of a pullback, we can anticipate a bounce from the demand area, especially if accompanied by bullish candlestick patterns.
💎However, if the demand area breaks down, technically signaling a bearish scenario, it would be prudent to ignore it, considering the prevailing bullish trend in the market.
ONDO: Watch for Potential Shift 🚀💎 ONDO is currently demonstrating a bullish market structure, notably breaking above the bearish order block (OB) with a fair value gap (FVG), indicating a potential shift in sentiment.
💎With ONDOUSDT breaking above the bearish OB, it is now considered a Breaker Block (BB). If the price retraces below the BB and touches the FVG, particularly in the discount zone (Below FIB 50%), and exhibits signs such as CHoCH (Change of Character) or any other bullish indications, it suggests that liquidity within the inner range has been absorbed, potentially setting the stage for a move towards external range liquidity.
💎In simpler terms, I anticipate a bullish move from either the Bullish OB level or the FVG if the price shows signs of CHoCH or other bullish signals.
💎However, if the price breaks down below the bullish OB and the supportive trendline, it would technically be considered bearish. Nevertheless, considering the overall bullish trend in the market, I would disregard this bearish scenario and wait for clearer bullish signals before adjusting trading strategies.
DOT Sparks Potential Bullish Reversal with Inverse H & S💎 #DOT is currently demonstrating a bullish market structure, notably forming an inverse head and shoulders pattern. This pattern typically signifies a potential bullish reversal.
💎If #DOTUSDT manages to break above the high , it would confirm the breakout and could lead to further upward movement, with potential targets being the next resistance levels.
💎In the event of a pullback, traders may anticipate a bounce from the bullish order block (OB) level, providing support to the bullish bias.
💎However, if the price breaks below the bullish OB level, it would invalidate the pattern and increase the probability of a bearish trend. In such a scenario, it is advisable to exercise caution and wait for clearer price action signals before making trading decisions.
Is BTCUSD ready to blast💰BTCUSD make or break level, BTCUSD is at important level Forming a Channel Pattern Let's see this sustain or not. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
📌 Watch for $FET's liquidity absorption💎 FET appears poised to absorb internal liquidity, as indicated by the formation of a pin bar candle, reminiscent of previous instances.
💎If FETUSDT demonstrates CHoCH behavior from the bullish Order Block (OB), it suggests that internal liquidity has been absorbed, potentially paving the way for a renewed bullish trajectory.
💎However, a breakdown below the bullish OB would signify a bearish market structure. Nonetheless, given a bullish long-term outlook on FET, I will monitor for more favorable price action, particularly towards the bullish side, noting the presence of a small demand area below.
🚀 Exciting times for $SUI! 📈 Cup & Handle pattern spotted💎 SUI has formed a Cup & Handle pattern with a bullish market structure, enhancing the likelihood of a bullish continuation.
💎 If SUIUSDT successfully breaks above the resistance level, it would validate the pattern and signal potential targets towards subsequent resistance levels.
💎 In the event of a pullback, a bounce from the bullish Order Block (OB) is anticipated, especially considering the presence of a supportive trendline, which could further bolster the rebound.
💎 However, a breakdown below the bullish OB would indicate a bearish sentiment and invalidate the pattern. In such a scenario, it's advisable to refrain from trading and wait for more favorable price action to develop.
BAND: Inverse Head & Shoulders pattern spotted. 🚀💎BAND is exhibiting signs of CHoCH (Change of Character) and BOS (Break Of Structure) towards a bullish market structure. Additionally, it has formed an inverse head and shoulders pattern, which increases the probability of a reversal.
💎If BANDUSDT manages to break out above the neckline and resistant area of the inverse head and shoulders pattern, it could indicate a bullish move towards the next resistant levels.
💎In the event of a pullback, we can anticipate a bounce from the demand level.
💎However, if the price breaks down below the bullish demand level, it would be considered a bearish scenario. In such cases, it's advisable to ignore it and wait for better price action to form before making any decisions.