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🚀ENJUSDT Inverse Head & Shoulders: Major Reversal on the Way?💎 Paradisers, #ENJUSDT has formed an inverse head and shoulders pattern, enhancing the probability of a reversal from here. 💎 Currently, if #ENJ closes a candle above the resistance zone, it will validate the pattern, and we can expect a move up to the next resistance levels. Additionally, there's a gap above that needs filling, which could further aid the price in reaching those resistance zones. 💎 In the case of a pullback, if the price closes a candle below the right shoulder, it will invalidate the inverse head and shoulders pattern. However, for a potential bounce, the price needs to show bullish signs at the demand level, which could provide us with an opportunity. 💎 However, in the case of a breakdown of the demand level, it will invalidate our entire idea. In that case, it would be better to avoid trading and wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan
💎Keep a close watch as #BAKE eyes that resistance level 💎 Paradisers, #BAKE has formed a 'W' pattern after taking liquidity by breaking below previous swings and then rebounding, indicating potential trapped sell positions with stop losses above the resistance area. 💎 If #BAKEUSDT breaks out above the resistance level, we can expect a bullish move as it triggers the stop losses of sellers, potentially leading up to the next resistance levels. Remember, we need a confirmed candle close and bullish signs for confirmation. 💎 In the case of a pullback, if the price starts showing bullish signs from the support level, we could potentially see a triple bottom, increasing the likelihood of a bullish move. However, it would be prudent to look for a Change of Character (CHoCH) and a Break of Structure (BOS) on lower timeframes for confirmation. 💎 However, if the price breaks down below the support level, it will invalidate the bullish signals. In this case, it's better to disregard this analysis and wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
1
🚀 #AUDIOUSDT: W Pattern and Channel Break Could ignite rally💎 Paradisers, #AUDIOUSDT could present a bullish move if it confirms the 'W' pattern. 💎 If #AUDIO breaks above the resistance level, it will not only confirm the 'W' pattern but also signal the breakout of the descending channel, enhancing the probability of a bullish move. 💎 If the price shows a pullback, it could potentially form a triple bottom from the demand zone, so be cautious in this area. 💎 However, if the price breaks down below the demand zone, it will invalidate the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
💥 VELOUSDT Momentum Build: Bullish Signs at HTF Demand!💎 Paradisers, #VELOUSDT has bounced from the Higher Time Frame (HTF) demand level, accompanied by a Fair Value Gap (FVG) candle and also shown Change of Character (CHoCH) towards a bullish market structure, increasing the likelihood of a bullish move. 💎 #VELO has also broken out of the falling wedge and shown bullish divergence on the MACD. If the price directly breaks the resistance level from here, it could present an opportunity to capitalize on the bullish move. 💎 If the price shows a pullback, the HTF demand may provide a bounce again, but it would be prudent to wait for bullish confirmation in both scenarios. 💎 However, if there is a breakdown of the HTF demand, it will invalidate our entire bullish setup. In this case, it would be better to wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan
AXSUSDT Pullback: Watch for Bullish Signs at OB & Demand Zone🚀💎 Paradisers, #AXSUSDT is pulling back after showing a Change of Character (CHoCH) towards a bullish market structure and breaking out of the triangle pattern. It has also filled the entire previous Fair Value Gap (FVG). 💎 Now, my strategy is to look for bullish signs at the bullish Order Block (OB) and Demand zone. If #AXS starts showing an Internal Change of Character (I CHoCH) from here, it will increase the likelihood of a bounce from this level. 💎 However, if the price falls below this level without showing any bullish signs, it will invalidate our entire idea. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
INJ: Bullish OB and Fibonacci Levels Signal Potential Upsurge 🚀💎 Paradisers, #INJUSDT has broken out of the resistive trendline with a Fair Value Gap (FVG), and subsequently, the price showed a Change of Character (CHoCH) towards the bullish market structure, enhancing the probability of a bullish move. 💎 My idea for #INJ is to look for bullish signs at the bullish Order Block (OB) combined with the Fibonacci 0.5 and 0.618 zones. If we detect any bullish signs like an Internal Change of Character (I CHoCH), we can expect a bounce from here to target external liquidity (Previous Swings). These liquidity zones are also ideal for booking profits. 💎 However, if the price doesn't show any bullish signs and instead falls below the bullish OB zone, it will invalidate our entire idea. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
BAT: Double FVG and CHoCH Point to a Strong Upward Move! 🌟💎 Paradisers, #BATUSDT has shown a Fair Value Gap (FVG) twice after taking liquidity and displayed a Change of Character (CHoCH) towards the bullish market structure, increasing the likelihood of a bullish move. 💎 If the price shows a pullback and indicates bullish signs from the FVG and Bullish Order Block (OB), which is supported by the Fibonacci 0.5 and 0.618 levels, then we can expect a bullish move. 💎 In the case the price falls without any bullish signs in these key areas, we can anticipate a bounce from the demand zone. 💎 However, if the price shows panic selling and falls below the demand zone as well, it will invalidate our entire idea. In this scenario, it would be better to ignore it and wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan
GALA: Can We Expect a Major Bullish Reversal? 🌟💎 Paradisers, #GALAUSDT has broken out of the resistive trendline and formed a cup and handle pattern, which increases the likelihood of a reversal from here. 💎 If #GALA breaks above the resistance zone and closes a candle above it, this will validate the cup and handle pattern, and we can expect a bullish move. 💎 In the case of a pullback, we can expect a bounce from the demand zone. 💎 However, if there is a breakdown of the demand zone, it will invalidate the cup and handle pattern and the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
MYRO: Potential Rally to Key Liquidity Zones! 💎 Paradisers, #MYROUSDT has formed a kind of triangle pattern and, in lower timeframes, has shown a Change of Character (CHoCH) towards the bullish market structure, which increases the likelihood of a bullish move. 💎 If #MYRO closes a candle above the resistance zone, it will enhance the probability of a bullish move, and then we can target the next liquidity areas like the previous inversion zone or swings. 💎 In the case of a pullback, we can anticipate a triple bottom structure from the support level, so a bounce is expected from here. Finding signs of CHoCH towards the bullish side will be better for confirmation, with a small stop loss. 💎 However, if a candle closes below the support level, it will invalidate our idea, and in that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
🚀ICP Breakout Alert: Get Ready for the Surge 🌟💎 Paradisers, #ICP has broken out of a descending channel and formed an inverse head and shoulders pattern, increasing the likelihood of a bullish move. 💎 The candle has closed above the resistance level, but I am expecting a slight retracement to trap buyers. We can then anticipate a bullish movement from the Fair Value Gap (FVG) zone. Be cautious here and look for bullish signs. 💎 Price may also retrace from here and find support at the bullish Order Block (OB) level, after which we can expect a bounce. So, design your strategy for #ICPUSDT accordingly. 💎 However, if the price shows a fall or panic selling and breaks down below the bullish OB and the right shoulder of the inverse head and shoulders pattern, it will invalidate the bullish signs. In this case, it would be better to avoid it and wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
NEAR: Bullish Momentum Building with Inverse H & S🚀💎 Paradisers, #NEAR has formed an inverse head and shoulders pattern, enhancing the probability of a bullish move. 💎 Price action has shown a Change of Character (CHoCH) and a Break of Structure (BOS) in lower timeframes. You can observe that #NEARUSDT has also bounced from the Fair Value Gap (FVG) zone, and currently, the price has shown an FVG, so we can expect a bounce from these levels. Be cautious here; there is also a bullish Order Block (OB) and a supportive trendline aiding the bulls, so considering stop losses here would be logical. 💎 For confirmation of the inverse head and shoulders, we need a breakout and a candle closing above the resistance zone. 💎 However, if the price shows a fall or panic selling and breaks down below the bullish OB and supportive trendline, it will invalidate the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan
LINKUSDT: Potential Reversal in Progress!🚀💎 Paradisers, #LINK has broken out of the resistive trendline and is beginning to show signs of a reversal. 💎 If #LINKUSDT breaks above the resistance zone, it will confirm the breakout of a triple bottom pattern, enhancing the probability of a bullish move. 💎 In the case of a pullback, we can expect a bounce from the demand zone, but note that the probability of success is lower than the breakout of the triple bottom, so manage your risk carefully. 💎 However, if the price breaks down below the demand zone, it will invalidate the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan
🚀SOL Breakout: Potential Bullish Momentum Ahead!💎 Paradisers, #SOL has broken out of the resistive trendline and formed a cup and handle pattern, increasing the likelihood of a bullish move. 💎 If #SOLUSDT breaks above the resistance zone, it will validate the cup and handle pattern, and we can anticipate a bullish move. 💎 In the event of a pullback, we can expect a bounce from the demand zone, but be cautious in this area, as it could also lead to a sharp decline. 💎 However, if there is a breakdown below the demand zone, it will be considered an invalidation of the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
Long
by MyCryptoParadise_Nathan
VANRY Triangle Pattern Indicates Potential Breakout!💎💎 Paradisers, #VANRY has formed a triangle pattern and is showing compression, which could soon lead to a significant move. 💎 If #VANRYUSDT breaks above the resistance zone, we can expect a bullish move up to the next resistance levels. 💎 In the case of a pullback, we can expect a bounce from the demand zone and supportive trendline. 💎 However, if the price breaks down below the demand zone, it will invalidate the bullish signals. In that scenario, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
LSK Forms Inverse Head and Shoulders Pattern, Eyes Bullish Break💎 Paradisers, #LSK has formed an inverse head and shoulders pattern, enhancing the probability of a bullish move. 💎 If #LSKUSDT breaks out of the resistance zone, we can anticipate a bullish move as it will confirm the inverse head and shoulders pattern. In that case, targets can be set until the next resistance levels. 💎 In the case of a pullback, we can expect a bounce from the demand zone and supportive trendline. 💎 However, if the price breaks down below the demand zone, it will invalidate the bullish signals. In that scenario, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
🚀 AI Breaks Out of Channel, Forms Bullish Cup and Handle!💎 Paradisers, #AI has broken out of the descending channel and formed a cup and handle pattern, which increases the likelihood of a bullish move. 💎 If #AIUSDT breaks above the resistance level, we can expect a bullish move up to the next resistance level. 💎 In the case of a pullback, we can anticipate a potential triple bottom pattern from the demand level, so be cautious here. It can provide a good risk-reward (RR) long setup from this point. 💎 However, in the case of a breakdown of the demand level, it will invalidate all the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
Bullish Breakout Alert: #NFP Forms Cup and Handle Pattern!🌴💎 Paradisers, #NFP has broken out of the resistive trend line and, after breaking down its previous swing, is now forming a cup and handle pattern, which is a bullish reversal pattern and appears to be a bear trap. 💎 If #NFPUSDT closes a candle above the resistance level, we can expect a bullish move. This zone likely contains many stop losses placed by bears, which will start to get triggered once the price moves above it, leading to a bullish move up to the next resistance levels. 💎 However, if the price breaks down below the bullish invalidation level, it will invalidate the cup and handle pattern. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan
Get ready to ride the avalanche with #AVAX! 🏔️💎 Paradisers, #AVAX has formed a 'W' pattern on the bullish Order Block (OB) zone, which enhances the probability of a bullish move. 💎 If #AVAXUSDT breaks out above the resistance level, we can set targets for the next resistance levels. 💎 In the case of a pullback, we could potentially see a triple bottom if the price shows bullish signs at the bullish OB. 💎 However, if the price breaks down below the bullish OB, it will invalidate the bullish signals. In that case, it's best to wait for better price action to develop.
by MyCryptoParadise_Nathan
FIL is gearing up for a potential bullish breakout🚀💎 Paradisers, #FIL has formed a 'W' pattern on the bullish Order Block (OB) and has the potential to form a triple bottom on a pullback. 💎 If #FILUSDT breaks out from the 'W' pattern, then we can anticipate a bullish move up to the next resistance zone. Ensure you wait for a confirmed candle close. 💎 In the case of a pullback, we could see a potential triple bottom, but make sure to wait for confirmations before acting. 💎 However, if the price breaks down below the bullish OB without confirmation, it will invalidate the bullish outlook. In this scenario, it's best to wait for better price action to develop.
by MyCryptoParadise_Nathan
ATOMUSDT: Get ready for a potential bullish breakout🚀💎 Paradisers, #ATOM can capture the liquidity of traders who entered on the breakdown of the previous low and has also formed a 'W' pattern, increasing its bullish potential. 💎 If #ATOMUSDT breaks above the resistance level, which could trigger stop losses for sellers who acted on the breakdown, we can target the next resistance levels. 💎 In the case of a pullback, we can also expect a bounce from the support level, potentially forming a triple bottom pattern. However, before entering, ensure confirmation from the candlesticks and momentum. 💎 If the price breaks down below the support level, it will invalidate the bullish structure. In that case, it's better to ignore it and wait for better price action to develop.
by MyCryptoParadise_Nathan
💎 Keep a close eye on the ARKUSDT💎 Paradisers, #ARK has formed a descending channel, and the price is potentially forming a double bottom after absorbing liquidity, which increases the bullish probability. 💎 We can expect a bounce from here due to the liquidity taken and the double bottom pattern, but we don't yet have a clear formation from the price. 💎 If the price breaks out of the descending channel and resistance level, we can target the next resistance levels. 💎 However, if the price breaks down below the demand zone, it will invalidate the bullishness. In that case, it's best to wait for better price action to develop.
by MyCryptoParadise_Nathan
DYDXUSDT is gearing up for a bullish ride! 🚀💎 Paradisers, #DYDX has absorbed liquidity from the supportive trendline of the ascending channel, which increases the probability of a bullish move from here. 💎 It's also showing a Break of Structure (BOS) towards a bullish market structure and hasn't closed below the demand and Bullish Order Block (OB) zone, which demonstrates the strength of the bulls. 💎 If #DYDXUSDT breaks out of the resistive trendline, we can expect a bullish move to the next resistance levels. 💎 By taking liquidity from trendline traders, #DYDX has removed weak-handed traders, which could indicate it's ready for a more substantial move. However, before making entries, ensure confirmation from price action. 💎 If the price breaks down below the demand and bullish OB zone, it will invalidate the bullish signals. In that case, it would be wise to wait for better price action to develop.
by MyCryptoParadise_Nathan
After absorbing liquidity, DOTUSDT has formed a W pattern🚀💎 Paradisers, #DOT is showing a Break of Structure (BOS) towards a bullish market structure and has formed a 'W' pattern after absorbing liquidity, which increases the likelihood of a bullish move. 💎 This level is also supported by the Fibonacci 61.80% level, which further enhances the bullish probability. However, for confirmation, we need the price to break above the resistance level, after which we can expect a bullish move up to the next resistance levels. 💎 If the price breaks down below the bullish OB level, it will invalidate the bullish structure. In that case, it would be better to avoid it and wait for better price action to form.
by MyCryptoParadise_Nathan