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Will APEUSDT's Cup and Handle Propel It to New Heights?Yello Paradisers! Are you prepared to capitalize on the next big move in APEUSDT? Let’s break down the current setup and what it could mean for traders. 💎APEUSDT has recently taken the liquidity from the Fair Value Gap (FVG) and is now forming a textbook Cup & Handle pattern on a key support zone. This development significantly increases the probability of a bullish breakout. 💎If APEUSDT breaks out and closes a candle above the resistance zone, this will validate the Cup & Handle pattern, further increasing the chances of a strong bullish move. 💎A bounce from the support zone is likely. To strengthen our conviction, we recommend watching for a bullish Internal Change of Character (I-CHoCH) on lower timeframes. This would stack probabilities in our favor. 💎If the price breaks down and closes a candle below the support zone, this will invalidate our bullish thesis. In that scenario, patience is key—wait for clearer price action to form before making your next move. 🎖Remember, Paradisers, trading is a marathon, not a sprint. Keep refining your skills, focus on robust strategies, and never let emotions take the wheel. Long-term success is built on patience and discipline. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
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SLPUSDT: The Breakout Everyone’s Waiting For?Yello, Paradisers! 🚨 Have you noticed SLPUSDT’s recent action? After a resistance trendline breakout, it’s now consolidating while forming an inverse head and shoulders pattern with a bullish divergence—classic signals pointing toward a potential bullish move. But will it deliver? Let’s break it down. 💎If SLPUSDT manages to break out and close a candle above the resistance zone, it would confirm the inverse head and shoulders pattern. This validation could significantly increase the probability of an upward move. 💎In case of a retracement, the support zone may act as a bounce level. However, to enhance the odds in our favor, waiting for a bullish internal change of character (I-CHoCH) before entering would be the smarter play. 💎On the flip side, if SLPUSDT breaks down and closes a candle below the support zone, this would invalidate the bullish setup entirely. At that point, the better approach would be to wait for a stronger price action structure to emerge rather than forcing a trade. 🎖 This is why patience and discipline are key, Paradisers. Let the market confirm your setups—trading without validation is gambling, not strategy. Stay sharp and focused. Remember, the best opportunities often come to those who wait for the highest-probability trades. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Nifty Intraday Analysis for 6th December 2024NSE:NIFTY Index closed near 24710 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 31.58 Lakh 24500 Strike – 26.84 Lakh 24500 Strike – 20.96 Lakh Put Writing 24500 Strike – 40.76 Lakh 24000 Strike – 30.79 Lakh 24700 Strike – 18.31 Lakh Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range. Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range. High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 6th December 2024NSE:BANKNIFTY Index closed near 53605 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 54000 Strike – 17.57 Lakh 53000 Strike – 13.43 Lakh 54500 Strike – 9.56 Lakh Put Writing 52500 Strike – 15.05 Lakh 53000 Strike – 12.44 Lakh 53500 Strike – 7.99 Lakh Index has resistance near 54000 – 54200 range and if index crosses and sustains above this level then may reach near 54500 – 54600 range. Index has immediate support near 53200 - 53000 range and if this support is broken then index may tank near 52850 - 52260 range. High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 6th December 2024NSE:CNXFINANCE Index closed near 24730 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 25000 Strike – 1.13 Lakh 24500 Strike – 0.60 Lakh 24600 Strike – 0.48 Lakh Put Writing 24000 Strike – 1.17 Lakh 24500 Strike – 0.79 Lakh 24500 Strike – 0.75 Lakh Index has resistance near 24850 - 24900 range and if index crosses and sustains above this level then may reach near 25000 - 25100 range. Index has immediate support near 24600 – 24550 range and if this support is broken then index may tank near 24375 – 24325 range. High volatility expected due to RBI MPC commentary on Inflation, GDP forecast and rate cut.
NSE:CNXFINANCELong
by RKMAURYA