💎 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...
💎 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...
💎 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...
💎 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,...
💎 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...
💎 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...
💎 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...
💎 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...
💎 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...
💎 XRP has rebounded from the demand area and is currently attempting to break out of the descending channel, which suggests a potential bullish scenario. To increase confidence in this upward movement, we need to see significant bullish candles. 💎For confirmation, we're looking for a candle closing above the small resistance level of 0.5411. A breach of this...
💎ZIL has recently broken out of a falling wedge pattern, forming a W pattern, and is currently consolidating on a bullish Order Block (OB). This consolidation suggests a potential bullish momentum, with expectations of a move towards the next resistance zone around 0.02105. 💎Confirmation of the W pattern and a safer trading opportunity would occur upon a breakout...
💎BTC is currently exhibiting signs of an inverse head and shoulders pattern, with the right shoulder consolidating for a longer duration. This prolonged consolidation increases the likelihood of a bullish outcome, as selling tends to occur rapidly while bullish movements take time to develop. Moreover, the price has already surpassed the previous resistance level...
💎 Attention Paradisers, Let's dive into VRA/USDT on the daily chart.We’re seeing a triangle pattern, Signalling 2 scenarios. Here's what to watch for: 💎 To confirm a bullish scenario, we're looking for a breakout above the triangle pattern. However, for stronger confirmation, keep an eye on a breakout above the resistance and LH (Lower High) level at 0.00488725....
💎 Attention Paradisers, Let's take a look at JUV/USDT on the hourly chart. We're seeing a classic head and shoulder pattern forming, signaling a potential bearish shift. The left shoulder and head are showing higher highs, while the right shoulder is indicating a lower high, suggesting a change in momentum. 💎 If the price breaks below the crucial neckline and...
💎 Paradisers, Let's dive into ICP/USDT on the daily chart. We're spotting a head and shoulder pattern. Now, while this pattern's reliability isn't typically strong near market bottoms, the overarching bearish sentiment in both ICP and the broader crypto market boosts the likelihood of this pattern playing out. 💎 For the bears to take control, we need to see a...
💎 Hey ParadiseSquad, let's zoom into ADA/USDT on the weekly chart. We're seeing a unique blend of an inverse cup and handle pattern coupled with an M pattern. This combination is hinting at a bearish outlook. 💎 For this bearish scenario to unfold, we need a confirmed breakdown below the critical demand level of 0.2337. If that happens, we could aim for the next...
💎 Attention Paradisers, let's look at RUNE/USDT on the hourly chart. We see a head and shoulders pattern forming, which could mean a change in trend. The left shoulder and head show higher highs, while the right shoulder represents lower high. This could signal a shift from bullish to bearish. 💎 If the price goes below the neckline and the demand level at 1.334,...
💎 Paradisers, cast your eyes on DYDX/USDT. The daily chart reveals an 'M' pattern emerging within the supply zone, amplifying the chances of a bearish shift. Adding to this, the supportive trendline has been breached. 💎 For a clearer bearish confirmation, watch out for a descent below the 1.915 demand level. If this occur, we might be looking at potential...