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.
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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.
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.
📌 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.
LSK: Potential Trap Scenario?🔍💎 LSK is approaching a retest of the previously broken resistance zone, which may now act as support. However, it's important to consider a few points before making any trading decisions.
💎It's possible that LSKUSDT will attempt to trap traders by momentarily touching the supportive trendline before pushing upward. This could coincide with a potential pullback in BTC, which could influence LSK's price action.
💎If LSK demonstrates bullishness and breaks above the lower high (LH), it could signal a bullish move, although the probability of this outcome may be lower compared to finding support from the supportive trendline.
💎In the event of a breakdown below the support zone and supportive trendline, it would be considered bearish. However, it's advisable to wait for better price action confirmation before taking any action and to ignore it until clearer signals emerge.
🚀 Eyes on $SHIB! 🐕 Potential Breakout Opportunity! 💎 SHIBUSDT presents a potential opportunity if it manages to break above the resistance zone and resistive trendline.
💎Currently, SHIBUSDT is forming a W pattern at the Bullish Order Block (OB) level, indicating a potential bullish move following a breakout above the resistance and trendline.
💎In the event of a pullback, we might anticipate another bounce from the Bullish OB, although the likelihood of a successful bounce may diminish.
💎However, should SHIBUSDT break below the Bullish OB level, it would signal a bearish scenario. In such cases, it's advisable to wait for clearer price action before making any decisions.
Keeping an Eye on $VET! 📈 Potential Bullish Move Amid Pullback💎VET is currently exhibiting a bullish market structure and undergoing a pullback.
💎If VETUSDT demonstrates an Internal Change of Character (I CHoCH), it could indicate a bullish move, especially since it has touched the previous resistance zone, which may now act as support after being broken.
💎In the event of a breakdown below this zone, a bounce can be expected from the supportive trendline, but confirmation is necessary before making any bullish decisions.
💎However, if both of these key bullish levels are breached, it would be considered a bearish scenario. It's advisable to refrain from trading until clearer price action for the bearish side emerges.
Potential Bullish Move for $ARB!🚀 💎 ARB is currently finding support from a supportive trendline, indicating a potential bullish move in the near future.
💎A bullish move is expected above the resistance level, with targets expected to reach until the next resistant levels.
💎In the event of a breakdown below the trendline, the price may find support at the previous resistance level, which could now act as support now. Confirmation via a bullish candlestick pattern would be essential in this scenario.
💎However, if ARBUSDT breaks down below both of these levels, it would be considered bearish. It's advisable to wait for better price action to form in such cases before making any trading decisions.
FLOW: Watch for Bullish Confirmation at Support Level. 🚀💎 FLOW has broken out of a resistant zone and is now poised to retest that level.
💎 If FLOWUSDT demonstrates any bullish confirmation at this level, it could potentially act as support, and we may anticipate targets until the next resistant levels.
💎 However, if the price breaks down below this level, we can expect a bounce from the bullish OB. Confirmation via a bullish candlestick pattern would be necessary in this scenario.
💎 In the event of a breakdown below the bullish OB, it would be considered bearish. In such cases, it's advisable to wait for better price action before making any decisions.
🚀 Exciting Developments for $KSM! 💎 KSM has exhibited signs of Change of Character (CHoCH) and formed an inverse head and shoulders pattern, enhancing the likelihood of a bullish move.
💎If KSMUSDT breaks out above the resistant zone, it would confirm the inverse head and shoulders pattern, and we can anticipate targets till the next resistant levels. In the event of a pullback, a bounce from the bullish order block (OB) level can be expected.
💎However, if the price breaks down below the level of the bullish OB, which also corresponds to the right shoulder of the pattern, the validity of the pattern will be compromised.
Link: Waiting for Bullish Confirmation at Key Levels. 🚀💎 LINK is currently approaching its supportive trendline, We can also viewed it as an ascending channel because of above resistive trendline.
💎There's a likelihood of a bounce from this supportive trendline, but I anticipate a potential breakdown of the trendline to capture liquidity down to the bullish order block (OB). Even in this scenario, I'll be waiting for bullish confirmation at both levels.
💎If the price falls and breaks below the bullish OB, it would be considered a Change of Character (CHoCH) and a bearish sign. However, I'm not inclined to give much weight to the bearish trend unless Bitcoin starts exhibiting a bearish structure.
Bitcoin Retracement Loading - Bitcoin is currently trading at 67,100$ not even 20% down from its All-Time High but Altcoins have already retraced more than 20-30%
- I have marked 2 Important Point of Interest and it may help you guys more from a reference perspective to exactly where how much more could Bitcoin fall
- 58,000-60,000 looks like a Magnet to me
- 52,000 looks like something that can make Bitcoin's next move the biggest impulsive move ever seen
- Do not invest Blindly if you don't understand the schematics and the risk involved in Crypto Currencies
Avax Trade Idea Setup - Avax performed very nicely and bounced back very strongly too from the Bear Market
- The weekly chart for Avax clearly shows that it has broken all its overhead supply
- The only thing that can help you enter Avax next would be a great retracement back to the zones I have mentioned
- 20-30% RETRACEMENT from an Investment perspective should be an opportunity for you and not a Panic scenario
🚀 ONE Breaks Out of W Pattern, Signaling Bullish Reversal! 💎 ONE has successfully broken out of the W pattern, signaling a potential bullish reversal. To confirm the breakout, we would ideally want to see a bullish engulfing candlestick near the previously broken resistance level, which may now act as support.
💎In the event that ONEUSDT retraces below the resistance-turned-support level, we can anticipate a bounce from the nearby small support level. Again, confirmation via a bullish engulfing candlestick pattern would be ideal.
💎However, if the price breaks down below this small support area, it could indicate a bearish move. In such a scenario, it would be advisable to exercise caution and wait for clearer price action before making any trading decisions.
🚀 Get Ready for COTI's Reversal💎 COTI is currently experiencing a pullback, suggesting a potential bounce from this level followed by a move towards new highs.
💎The Bullish Order Block (OB) along with the 200-day Exponential Moving Average (EMA) and supportive trendline form a strong level of interest for expecting a bounce. Confirmation of this bounce would ideally come in the form of bullish engulfing candlestick patterns.
💎However, in the event of a breakdown below this area, it may indicate a bearish move. In such a scenario, it would be prudent to refrain from taking immediate action and instead wait for better price action to form before making any decisions.
Bitcoin Trade SetupBitcoin is currently trading in a crucial zone
- Logically I think Bitcoin's price has not retracted a lot which is necessary
- Coming back to our thesis, if you are holding Bitcoin then you still can
- If you want to trade Bitcoin I think 59,000-64,000$ can be a great zone to accumulate it with 50% of your total investment value
- If you want to accumulate altcoins by looking at Bitcoin's price then my opinion would remain the same. However, you must consult your financial advisor before making any investments