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FTM: Bullish Breakout Imminent! Watch for Confirmation💎 FTM has recently broken out of a descending channel by forming a W pattern on the 200 EMA. Additionally, the price has exhibited Change of Character (CHoCH) and Break of Structure (BOS), indicating a shift towards a bullish market structure. 💎Currently, I anticipate a retracement on FTMUSDT towards the Bullish Order Block (OB), which is also supported by the Fibonacci 0.618 level and the 200 EMA. Prices near this level may show a bounce, but it's advisable to wait for confirmation through bullish candlestick formations. 💎If the price directly breaks the first resistance level, it can be considered a bullish structure, further increasing the probability of a bullish trend continuation. 💎However, if FTMUSDT breaks down directly below the bullish OB, it would be prudent to exercise caution and potentially avoid trading FTM until clearer market signals emerge.
FLong
by MyCryptoParadise_Nathan
EOS: Bullish Reversal Alert! Breakout Potential Ahead💎 EOS has recently broken out of the descending channels and formed an inverse head and shoulders pattern, which typically indicates a bullish reversal. Additionally, there has been a noticeable change of character (CHoCH) in the price action, suggesting a shift from a bearish to a bullish structure. 💎To confirm the bullish trend, it is essential for the price to break out above the first resistance level. This breakout would signal potential targets towards the subsequent resistance levels. 💎In the event of a pullback, if the price forms bullish candlestick patterns around the bullish Order Block (OB) levels, it could provide further confirmation of a bullish bounce. 💎However, if the price breaks down below all of these levels, the pattern would become invalid, indicating a potential shift back to a bearish structure. 💎Traders should closely monitor the price action of EOS, particularly around the resistance and OB levels, to gauge potential trading opportunities and adapt their strategies accordingly based on the prevailing market dynamics.
by MyCryptoParadise_Nathan
LTP: Explosive Breakout Alert! Bullish Momentum Unleashed 💎 LPT has broken out of the trendline, exhibited CHoCh (Change of Character), and shown BOS (Break of Structure) towards a bullish market structure. Additionally, it is forming an inverse head and shoulders pattern, further enhancing the probability of a bullish move. 💎LPTUSDT may also undergo a pullback to the bullish Order Block (OB), presenting an opportunity for a bounce. If the price breaks out above the resistance and neckline of the inverse head and shoulders pattern, it would confirm the formation of a bullish structure, and we can anticipate targets near the next resistance levels. 💎However, if the price breaks below the demand area, it would signal a bearish movement, as LPT would start exhibiting a bearish structure.
by MyCryptoParadise_Nathan
NEO: Bullish Momentum Building with W Pattern Breakout💎 NEO has broken out of a descending channel and formed a W pattern in the demand zone, coinciding with the bullish Order Block (OB) area. Additionally, the MACD indicator is showing bullish divergence, enhancing the likelihood of a bullish reversal from this point. 💎In the event that NEOUSDT undergoes a pullback and demonstrates bullish candlestick patterns within the bullish OB and demand area, this would present an excellent buying opportunity. Alternatively, if the price directly breaks out above the resistance zone, it would confirm a bullish market structure, and we can anticipate further upward movement. 💎However, if the price breaks below all of our identified demand areas, it would be prudent to refrain from trading NEO in that situation, as it may indicate a weakening bullish sentiment. 💎Traders should carefully monitor NEO's price action and key support and resistance levels to make informed trading decisions.
Long
by MyCryptoParadise_Nathan
CAKE: Bullish Momentum Builds with W Pattern Breakout💎 CAKE has broken out of a descending channel and formed a W pattern at the FVG and 200 EMA. Additionally, the price has shown CHoCH, indicating an increased probability of a bullish reversal. 💎The price may exhibit a pullback and find support at the bullish OB level, or it may retest the breakout zone of the W pattern before establishing a bullish structure. 💎If the price fails to show any bullish candles near the bullish OB level, it would be prudent to avoid trading CAKEUSDT. Furthermore, if the price falls below the last bullish OB level, we can anticipate a bearish movement in CAKE.
by MyCryptoParadise_Nathan
LTC: W Pattern Formation Suggests Potential Bullish Reversal💎 LTC is currently forming a W pattern within a supportive trendline and in a demand area. Historical price actions indicate that after the formation of the W pattern, LTCUSD has experienced significant upward bounces. 💎A breakout above the small resistance level at the top of the W pattern could signal a bullish move. Alternatively, the price may pull back to the demand levels, which could serve as favorable entry zones. 💎However, if the price breaks below both demand zones, it would be considered a bearish scenario for LTC
KRAKEN:LTCUSDLong
by MyCryptoParadise_Nathan
MATICUSDT Looking Bearish on 1 hour ChartMATICUSDT Looking Bearish on 1 hour Chart. MATICUSDT Current 1 Hr candle has is about to close below previous 1 Hr candle after few consecutive Bullish candles. Reversal opportunity may be available. With a Stop Loss of High of the current candle around 0.7% and a Take Profit of 1.4% which makes for a 1:2 Risk Reward ratio this may be an interesting opportunity to trade. Note:- This is not a recommendation or Advice. Please do your own research. Trading in Crypto is Risky and may lead to substantial Losses.
MShort
by Trading_Bay
Bullish Momentum Building with Inverse Head and Shoulders💎 EGLD has formed an inverse head and shoulders pattern within a support zone, aligning with its overall bullish trend. Additionally, CHoCH (Change of Character) and BOS (Breakout Sign) signals have been observed on the price chart, further enhancing the likelihood of a bullish move following a breakout above the resistance level or the neckline of the inverse head and shoulders pattern. 💎A pullback to the Bullish OB level could serve as a potential bounce point, particularly as it aligns with the Fibonacci 0.618 level. 💎However, if EGLDUSDT falls below the support zone, it would signify a bearish structure, potentially leading to downward movement in the price
by MyCryptoParadise_Nathan
WLD: Bullish Breakout Signals Potential Upside Momentum💎 WLD has recently broken out of the falling wedge pattern and risen above the 200 EMA, forming a W pattern. Additionally, it has exhibited CHoCH (Change in Character) towards a bullish structure, indicating a higher probability of a bullish move. 💎 If WLDUSDT manages to break out above the resistance level, we can anticipate a move towards the strong resistance zone, which coincides with a bearish OB. Furthermore, there's a possibility of a pullback to the bullish OB. However, it's advisable to secure small profits at each swing if the price moves as anticipated. 💎 Conversely, a breakdown below the bullish OB zone would signal bearishness, leading WLD to establish lower lows and lower highs, indicating a shift in market sentiment.
Long
by MyCryptoParadise_Nathan
ICP: Bullish Patterns Forming Near 200 EMA💎 ICP is currently forming an inverse head and shoulders pattern near the 200 EMA, with additional bullish indications such as CHoCH and Break Of Structure (BOS) occurring within this pattern. These factors contribute to a bullish market structure, which is further supported by the overall uptrend. 💎Furthermore, ICP/USDT is adhering to a supportive trendline, reinforcing the bullish sentiment. A bounce from the bullish order block (OB) can also be anticipated if the price demonstrates bullish candlestick patterns at this level. 💎However, if the price falls below the demand area, it would be considered a breakdown, signaling a potential shift to bearish movement in the market.
by MyCryptoParadise_Nathan
DOT: Bullish Momentum Supported by Breakouts and Patterns💎 DOT has found support within the support zone marked by the 0.618 Fibonacci level and has broken out of a descending channel pattern, forming a W pattern supported by the 200 EMA. Additionally, the price is displaying a Break Of Structure(BOS), further increasing the likelihood of bullish momentum. 💎If the price manages to break above the first resistance area, we can anticipate further bullish movement towards subsequent resistance levels. 💎In the event of a pullback, we may see a bounce from the bullish order block (OB) levels. 💎However, if the price declines below the support level, it could signal a bearish movement for DOT. Nonetheless, given the current bullish sentiment in the overall market, it would be prudent to align with the prevailing trend.
by MyCryptoParadise_Nathan
ADA : Bullish Breakout Signals Strength and Potential Upside💎 ADA has broken out of the descending channel and has displayed signs of strength, including CHoCH (Change of Character), BOS (Break Of Structure), and the formation of a W pattern around the 200 EMA. These factors collectively increase the likelihood of a bullish movement. 💎The current zone, previously a resistance area, is now acting as support, as evidenced by historical price action on a larger timeframe. 💎A pullback to the bullish OB levels, coinciding with the Fibonacci golden 0.618 level, is anticipated. This level presents an attractive opportunity for a bounce. 💎However, in the event of ADAUSDT breaking below the demand levels, it would be wise to refrain from seeking bearish opportunities, considering the overall bullish sentiment in the market. Capturing small bearish targets may not be worthwhile in such a scenario.
Long
by MyCryptoParadise_Nathan
RUNE: Bullish Breakout Signals Potential Upside Momentum💎 RUNE has broken out of the descending channel and has also shown BOS (Break of Support). Currently, we are anticipating a pullback to the Bullish OB (Order Block) zone. 💎 In order to confirm the bullish momentum, we need to see strong green candles, preferably bullish engulfing candles. It's worth noting that the Bullish OB levels are supported by the 200 EMA (Exponential Moving Average), adding further confidence to bullish traders. 💎 Moreover, upon analyzing the chart of RUNEUSDT in a larger timeframe, we can observe a potential formation of a bullish flag and pole pattern. 💎 However, in the event of a breakdown below the Bullish OB level, it would be prudent to avoid seeking opportunities against the prevailing market trend.
by MyCryptoParadise_Nathan
APT Analysis: Testing Resistance with Bearish Bias 💎 APT is currently testing the resistance trendline of a descending channel. Additionally, a closer look at the candles reveals that red candles are larger than green ones, suggesting a higher likelihood of a bearish trend. 💎The price is also indicating CHoCH, and it's currently at the bearish OB, coinciding with the Fibonacci 0.618 level and the resistance trendline of the descending channel. These factors collectively support a bearish outlook for APT at this level. 💎For confirmation of the bearish scenario, we would ideally need to see a bearish engulfing candlestick pattern. Previous price action has shown bearish reversals following such patterns at every low-high point. 💎However, if the price manages to break above the bearish OB, we may witness a bullish movement. Still, it's important to exercise caution as such moves can be deceptive. Therefore, I would advise against considering bullish scenarios for APTUSD at this juncture.
by MyCryptoParadise_Nathan
APE Analysis: Bullish Breakout Potential 💎 APE has broken out of a descending channel and is also displaying signs of CHoCH in the price, indicating a potential bullish move from here or after a pullback from the Bullish OB zone. 💎If APEUSDT breaks out directly from its current position, we can anticipate targets until the next resistance zone. Alternatively, if APE experiences a pullback from its current position and starts finding support at the Bullish OB zone, it could form a W pattern, a bullish reversal pattern. This setup would offer an entry opportunity with a small stop loss. 💎Nevertheless, if the price breaks below the Bullish OB level, I will provide updates accordingly. Considering the overall market conditions, a breakdown below the OB level may prove challenging
by MyCryptoParadise_Nathan
SNX Analysis: Bullish Breakout Signals Potential Upside Momentum💎 SNX has broken out of the resistance zone, which is now acting as support. Additionally, it has broken out of a falling wedge pattern and formed a W pattern in the support zone, increasing the likelihood of a bullish trend. 💎 Moreover, the price has exhibited a CHoCH (Change of Character) or a breakout of the previous swing, indicating a bullish trend. Given these factors, we can anticipate a bullish move from this point. Alternatively, there might be a retracement towards the demand area & expect a bounce from it. In either case, we can expect the price to move towards resistance levels, although it might be advisable to book small positions at each small resistance level. 💎 However, if SNX breaks down below the demand area, it would raise the probability of a bearish move.
by MyCryptoParadise_Nathan
SHIB: Bullish Momentum Building with W Pattern Formation💎 SHIB has broken out of a falling wedge pattern and is currently forming a W pattern on the demand level. There is also a possibility of a further retracement back to the demand area to gather more support. 💎For confirmation of the bullish reversal W pattern, we would need to see a candle closing above the resistance level of 948. This would validate the pattern, and we could then anticipate targets up to the next resistance levels of 1035 and 1107. 💎However, if the price declines below to the demand area, there could be a bearish move. Yet, considering the overall bullish sentiment in the market, it might be prudent to focus more on potential bullish opportunities and perhaps disregard bearish scenarios for now.
by MyCryptoParadise_Nathan
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