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🚀 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.
by MyCryptoParadise_Nathan
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.
by MyCryptoParadise_Nathan
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.
by MyCryptoParadise_Nathan
📌 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.
Long
by MyCryptoParadise_Nathan
🚀 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.
by MyCryptoParadise_Nathan
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.
Long
by MyCryptoParadise_Nathan
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.
by MyCryptoParadise_Nathan
🚀 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.
Long
by MyCryptoParadise_Nathan
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.
by MyCryptoParadise_Nathan
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.
by MyCryptoParadise_Nathan
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.
by MyCryptoParadise_Nathan
🚀 Exciting Developments for $KSM! 💎 KSM has exhibited signs of Change of Character (CHoCH) and formed an inverse head and shoulders pattern, enhancing the likelihood of a bullish move. 💎If KSMUSDT breaks out above the resistant zone, it would confirm the inverse head and shoulders pattern, and we can anticipate targets till the next resistant levels. In the event of a pullback, a bounce from the bullish order block (OB) level can be expected. 💎However, if the price breaks down below the level of the bullish OB, which also corresponds to the right shoulder of the pattern, the validity of the pattern will be compromised.
Long
by MyCryptoParadise_Nathan
Link: Waiting for Bullish Confirmation at Key Levels. 🚀💎 LINK is currently approaching its supportive trendline, We can also viewed it as an ascending channel because of above resistive trendline. 💎There's a likelihood of a bounce from this supportive trendline, but I anticipate a potential breakdown of the trendline to capture liquidity down to the bullish order block (OB). Even in this scenario, I'll be waiting for bullish confirmation at both levels. 💎If the price falls and breaks below the bullish OB, it would be considered a Change of Character (CHoCH) and a bearish sign. However, I'm not inclined to give much weight to the bearish trend unless Bitcoin starts exhibiting a bearish structure.
by MyCryptoParadise_Nathan
Bitcoin Retracement Loading - Bitcoin is currently trading at 67,100$ 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
Short
by VKtradesimbalance
🚀 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.
Long
by MyCryptoParadise_Nathan
🚀 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.
by MyCryptoParadise_Nathan
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
Short
by VKtradesimbalance
🚀 Potential Bullish Move for KAVA💎 KAVA has displayed signs of CHoCH and is approaching a breakout of the W pattern, which increases the likelihood of a bullish move. 💎 If KAVAUSDT successfully breaks above the resistance area, confirming the W pattern and bullish market structure, we can anticipate targets until the next resistant levels. 💎 In the event of a pullback, it would be prudent to anticipate a bounce from the demand area. 💎 However, if the price breaks down below the demand level, it would be advisable to refrain from trading KAVA and wait for better price action to form before considering any new positions.
by MyCryptoParadise_Nathan
Bitcoin Dominance Trade Setup- Bitcoin DOM is currently moving sideways but BTC DOM itself can help you easily predict where the money is going to flow next - With the help of this correlation your bias becomes easier and you know where to focus instead of just technical analysis - If BTC Dom starts moving up from here then you need to stay a little cautious about your Altcoins entries, I would suggest having patience and letting it soar until you see it getting rejected - If BTC Dom starts to move down impulsively all you have to do is let your winners run and if you don't have any then focus on building partial SPOT Swings. - Risk on the table shouldn't be breached or expanded if you can't handle it. Social media outlets are good at portraying and making Trading look pleasing and flashy whereas the real meat is boring and time valued majorly
CRYPTOCAP:BTC.D
by VKtradesimbalance
ETC: Look for Confirmation Near Previous Resistance💎 ETC is currently exhibiting a bullish market structure and is undergoing a retest of the support zone, which was previously a resistance level. This zone may now act as support since it has been broken. 💎Analyzing past chart data reveals that there is potential for a bounce from the bullish interest zone, especially if ETCUSDT forms bullish engulfing candlesticks. Confirmation of this bounce would require seeing bullish engulfing patterns from our support zone and smaller support levels. In such a scenario, we can anticipate targets until the next resistant levels. 💎However, if ETC breaks down below our support levels without showing any bullish confirmation, it would be advisable to refrain from trading ETC in that scenario and wait for better price action to form before making any decisions.
by MyCryptoParadise_Nathan
OPUSDT: Watch for Neckline Retest & Bullish OB Confirmation. 💎 OPUSDT has recently broken out of an inverse head and shoulders pattern, which typically signals a bullish move. 💎Additionally, OP has displayed CHoCH (Change Of Character) & BOS (Break Of Structure), further supporting the bullish market structure. 💎Currently, the price is approaching a retest of the neckline area of the inverse head and shoulders pattern, which coincides with a strong Bullish OB (Order Block) characterized by FVG (Fair Value Gap) above it. Any formation of a bullish candle in this area would be considered confirmation of the bullish trend. 💎However, if the price breaks down below the bullish OB, it would be prudent to wait and ignore trading OP until clearer price action emerges. It's important to note that due to the overall bullish trend in the market, bearish scenarios are less likely at this time.
Long
by MyCryptoParadise_Nathan