Bitcoin - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast: (Daily TF)
73777.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
A trough is formed in daily chart at 92424 on 12/23/2024, so more gains to resistance(s) 99607, 102700, 108293 and more heights is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (94200 to 92231). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (94200)
Ending of entry zone (92231)
Take Profits:
99607
102700
108293
110000
115000
118281
120000
125000
130000
134468
__________________________________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 BOOST button,
. . . . . . . . . . . Drop some feedback below in the comment!
🙏 Your Support is appreciated!
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Cryptosignal
Key Moment for RLC: Breakout Opportunity or Bearish Threat?Yello, Paradisers! Is #RLCUSDT setting up for a powerful bullish continuation, or are we facing a bearish rejection? Let’s dive into the key levels you need to watch right now.
💎#RLC has made a strong rebound off its support, showing promising signs of strength. A successful breakout from the falling wedge pattern could confirm a bullish continuation. For this, we need a daily close above the trendline to validate the breakout. If this happens, the next target would likely be the minor resistance at $2.67. This level is crucial because a breakout here could lead to the highest probability of reaching the major resistance level.
💎If RLC fails to break the falling wedge and faces rejection with bearish candles, the price might drop back to retest the support zone around $1.87–$1.72.
💎The real concern arises if RLC fails to rebound from this support and breaks below it. In this case, the price would likely continue its downward trajectory toward the strong support at $1.30.
💎The $1.30 level represents the last line of defense for the bullish scenario. A rebound from here, followed by a reclaim of the $1.87 support, is necessary to reignite bullish momentum.
💎However, if RLC breaks below the major support at $1.30 and a daily candle closes under this level, it would confirm a bearish trend, with the potential for further downside and deeper dips.
Strive for consistency, Paradisers, and trade smart. This market rewards the disciplined and punishes the impulsive. Let’s stay focused and make the best decisions possible.
MyCryptoParadise
iFeel the success🌴
WLDUSDT: Ready for a Bullish Surge from Key Support?Yello Paradisers! WLDUSDT is maintaining a bullish market structure and respecting the supportive trendline, which increases the probability of a bullish move.
💎If WLDUSDT approaches the key support zone aligned with the supportive trendline, or if it forms bullish patterns like a bullish Internal Change of Character (I-CHoCH), W-pattern, or Inverse Head & Shoulders on lower timeframes, it will further increase the likelihood of a bullish continuation.
💎In the case of a retracement or panic selling, a bounce from the strong support zone is anticipated. However, to strengthen the probability of a reversal, confirmation via a bullish I-CHoCH on lower timeframes is essential.
💎However, if the price breaks down and closes a candle below the strong support zone, it will invalidate the bullish outlook. In such a scenario, it would be wise to remain patient and wait for a clearer price action to develope.
🎖Stay disciplined, Paradisers. The market rewards patience and strategy, not impulsiveness. Stick to your plan, wait for confirmations, and approach every trade like a pro.
MyCryptoParadise
iFeel the success🌴
SOL/USDT: Are We Heading for a Breakdown or a Massive Rebound?Yello, Paradisers! Is #SOLUSDT gearing up for a major breakout, or are we staring at a looming collapse? The charts are heating up, and you need to see this analysis to stay ahead.
💎#SOL is currently holding its support trendline, hinting at a potential rebound. If this level holds, we could see SOL pushing upward to test the $204.60 resistance. A breakout above this level would likely trigger a strong continuation toward all-time highs (ATH).
💎If the support trendline gives way, the price is likely to test the $169–$155 demand zone. This area has consistently proven its strength, with previous price action respecting it multiple times. A rebound from here could still offer significant opportunities for the bulls.
💎The real danger arises if SOL fails to hold even at the demand zone. This area aligns with the support trendline, and a breakdown would signal a bearish trend, with the price potentially heading toward the strong support zone around $115.
💎Historically, the $115 level has acted as a major lifeline for SOL. If this level is broken and a daily candle closes below it, bullish momentum would be invalidated, and we could see a deeper plunge. This would be a clear bearish signal, and prices might dip even further.
Stay focused, Paradisers—this market rewards patience and strategy. Let's trade like champions.
MyCryptoParadise
iFeel the success🌴
Fantom (FTM) Poised for a Critical Move: Are You Ready for This?Yello, traders! Have you been tracking Fantom's recent price action? It’s make-or-break time for FTM as it clings to crucial support zones this setup could define its trajectory for weeks to come. Let’s dive into the details.
💎#Fantom (FTM) has been respecting a critical ascending trendline for months, and the current price action suggests that the $0.741–$0.7906 range is a vital support zone. This level has repeatedly acted as a launchpad for bullish momentum, and any failure to hold here could lead to a deeper retracement, potentially toward the $0.5237–$0.5574 region. On the other hand, if bulls step in and defend this level convincingly, we could see #FTM push back toward its next major resistance at $1.10–$1.20.
💎Breaking above this resistance would be a significant bullish signal, opening the door to a rally toward $1.50 and possibly as high as $2.00 in the coming weeks. However, hesitation in the market is evident, as trading volumes remain muted, suggesting that both bulls and bears are waiting for confirmation of the next major move.
💎The RSI currently sits near neutral levels, not yet signaling oversold conditions, but a dip below 40 would confirm bearish momentum. For now, the trendline remains intact, and the long-term structure leans bullish as long as the $0.7906 support holds. However, if sellers manage to break below this key area, the structure would shift, bringing much lower levels into play.
💎#Fantom is at a crossroads, and patience is key. The market is testing traders’ discipline right now, and emotional decisions could be costly. The best strategy is to wait for confirmation either a bounce above support or a decisive breakdown below it before taking a position.
Stay focused, trade smart, and always prioritize risk management over greed. Only those who play the game strategically will stand at the top when the dust settles. Stay sharp, Paradisers!
MyCryptoParadise
iFeel the success🌴
Could ARBUSDT Be Gearing Up for a Breakout?Yello, Paradisers! ARBUSDT is showing good signs of bullish momentum as it completes a proper retracement with descending channel and begins forming a W-pattern near the key support zone. This classic pattern is a strong signal that the odds of an upward move are increasing.
💎However, to confirm this bullish scenario, ARBUSDT needs to break out above the resistance level following the completion of this W-pattern. Until then, there’s potential for consolidation or even another retracement. This is why waiting for a clean breakout is critical to avoid premature entries.
💎In the event of panic selling, the strong support zone could act as a bounce-back level. To increase confidence in this scenario, we’ll need to see a bullish I-CHoCH (Internal Change of Character) on lower timeframes. Additionally, ARB’s strong fundamentals add weight to the probability of a recovery from support.
💎On the flip side, if ARBUSDT breaks down and closes candle below the support zone, this would invalidate the bullish setup entirely. In this case, it’s prudent to stay patient and wait for a better price action structure to form before taking any positions.
Trade smart, Paradisers, and remember—discipline, patience, and a solid strategy are your greatest tools in navigating the market successfully!
MyCryptoParadise
iFeel the success🌴
RAYUSDT: Will the Bears Take Over or Are Bulls Lying in Wait?Yello, Paradisers! Could #RAYUSDT be on the brink of a decisive move? Let’s dive into the chart to decode the possible scenarios.
💎#RAY is currently forming a bearish Head and Shoulders (H&S) pattern, signaling a potential downward move if the pattern breaks successfully. The initial target in this case would be the $3.5–$3 demand zone, a critical level where buyers could step in and push the price back up significantly. If this rebound occurs, the next major resistance zone could serve as a strong upside target.
💎However, a more bearish outcome may unfold if RAY fails to rebound from the demand zone. A breakdown below the demand area could trigger a bearish signal, pushing the price further downward toward the $2.7–$2.3 strong support zone.
💎The historical respect of the $2.7–$2.3 zone suggests bulls might once again defend this level if tested. But traders should be cautious: a confirmed break below $2.3 could lead to a more significant dip toward the next strong support levels.
Remember, the disciplined always win in the long run. Stay sharp and trade smart.
MyCryptoParadise
iFeel the success🌴
THETAUSDT Analysis: Is the Bullish Momentum About to Fade?Yello, Paradisers! Are we witnessing a decisive move for THETA, or is the market setting us up for a breakdown? Let’s break it down.
💎THETA has shown a solid rebound upon touching its support zone, but the key lies in its next move. The 2.10 resistance level holds the deciding power. A daily close above this level would confirm a bullish continuation, potentially driving the price upward toward our target zones.
💎However, if THETA fails to reclaim 2.10, we could see a rejection that pulls the price back toward the 1.73–1.60 support area. Should this support hold, a rebound could occur, and we’ll be closely watching for a double bottom formation, which could signal a recovery.
💎The critical concern arises if the 1.73–1.60 support zone fails to hold. This area coincides with the support trendline, so a breakdown here would be a bearish signal, potentially driving the price downward toward the demand area.
💎Now, the demand zone near 1.16 is a vital level for THETA to maintain any bullish prospects. Historical rebounds in this zone are limited, so its importance cannot be overstated. A close below 1.16 would invalidate the bullish thesis and confirm a bearish trend.
Stay focused, trade smart, and remember—it's the disciplined traders who win the long game.
MyCryptoParadise
iFeel the success🌴
Is MNTUSDT Gearing Up for a Rally or a Major Breakdown?Yello, Paradisers! Is MNTUSDT preparing for an explosive breakout, or are we staring at the possibility of a deep pullback? The chart is at a critical decision point, and what happens next could define the trend for the coming weeks. Let’s break it down.
💎#MNTUSDT recently tested a significant resistance zone around $1.2651, marked by heavy seller activity in the past. The rejection from this level suggests that buyers need more momentum to push through and sustain higher levels.
💎The price is now raising the probability of a bullish continuation from a demand zone near $1.00, which previously acted as a springboard for the last rally. This zone aligns with the 100 EMA, providing additional technical confluence for potential support.
💎Below the demand zone lies a crucial support level at $0.8775–$0.9227. If the price loses this level, it could open the floodgates for a significant decline.
💎If #MNTUSDT holds above $1.00 and buyers regain control, we could see a rebound toward the resistance zone at $1.2651. A breakout above $1.2651 could trigger a strong rally, with upside targets at $1.50 and potentially as high as $1.80 in the coming weeks.
💎A breakdown below $0.8775 would signal weakness, invalidating the current demand zone. This could result in a sharp drop, with potential downside targets at $0.70 and even $0.60, suggesting a bearish reversal in market structure.
💎The MACD is showing signs of slowing momentum, hinting at the possibility of consolidation or further downside unless buyers step in strongly. The 100 EMA remains a key dynamic support level that bulls must defend to maintain the bullish bias.
Stay disciplined, Paradisers. Let the market confirm its direction before making any commitments. Whether it’s a rally or a correction, being prepared and patient will always set you apart from the majority. Play it smart, stay focused, and always prioritize capital preservation.
MyCryptoParadise
iFeel the success🌴
From Decline to Opportunity: Total3 Poised for RecoveryAfter breaking below the critical $1.04T support level yesterday, Total3 experienced a sharp decline, finding its footing at a key horizontal support level.
This drop coincided with many altcoins also reaching their respective support zones. For traders, this presented an attractive opportunity to enter the market at more favorable prices, effectively halting the downward momentum.
Currently, the chart shows a promising reversal forming. As long as this horizontal support level holds, there is a strong likelihood of continued upward movement, potentially paving the way for a new all-time high.
RUNEUSDT: A Major Breakout or a Deeper Correction?Yello, Paradisers! Is RUNE about to explode or will it face a major rejection? Here's what you need to watch closely to avoid any costly mistakes.
💎Currently, RUNE is testing a critical resistance level at $7.7. A confirmed breakout above this zone will signal a bullish continuation, potentially opening the path for a mid-term rally towards our target major resistance area.
💎However, if RUNE faces rejection at $7.7, the price could pull back to the key demand area around $5.6. This level has acted as strong support before, and a successful bounce from here could reignite the bullish momentum.
💎But what happens if RUNE fails to hold at $5.6? Here's where caution is needed. Below the demand zone lies a key support trendline. If a breakdown occurs, this would trigger a bearish signal, increasing the probability of a move towards the next strong support area.
💎Looking back at RUNE's price history, the strong support area has been respected multiple times, making it a significant level to watch. Should RUNE retest this zone, there's potential for a rebound.
💎If RUNE closes a candle below $4.2, this would invalidate the bullish outlook. A breakdown here could lead to deeper losses, so stay cautious if price approaches this zone.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
ICXUSDT:Critical Moment Approaching–Will Bulls Hold the Demand?Yello Paradisers! Have you spotted the massive shift in ICXUSDT? After breaking through a long-term downtrend resistance that had held since April, ICX surged explosively, but the momentum now faces its first real test. Is this the perfect re-accumulation opportunity, or are we gearing up for further downside? Let’s dive into the key areas you need to watch.
💎The descending trendline, acting as a strong resistance for over 8 months, has been decisively breached. Notice the sharp breakout in late November, accompanied by a significant volume spike – a clear sign of bullish interest.
💎 Price is now retracing into the demand zone at $0.2000. Price already respected this demand previously, so if bulls step in here with conviction, expect a strong bounce and continuation of the uptrend.
💎If the demand zone fails to hold, the next area of interest is the broader support zone around $0.1662–$0.1741. A deeper retracement here would still maintain the bullish structure, but failure to hold could trigger a bearish move.
💎Pay close attention to the volume during this pullback. A decline in volume while price drops would signal a healthy correction. Conversely, an increase in bearish volume could indicate growing selling pressure.
💎This is the make-or-break zone for ICXUSDT. Bulls need to hold the demand zone for any chance of continuation. A rejection here could fuel another bullish impulse, rewarding patient traders. On the other hand, failure to hold this level could trigger a deeper retracement, shaking out weak hands.
Stay focused, play it smart, and keep following strategy – because only the strategic traders will capitalize on moves like this. Be a PRO!
MyCryptoParadise
iFeel the success🌴
MKRUSDT: Key Breakout or Major Reversal? Critical Zone in Play!Yello, Paradisers! Is this the moment where #MKRUSDT sets the stage for a powerful rally, or are we staring at the potential for a deeper plunge? The price is at a make-or-break level, and what happens next could shape the market trend for weeks to come.
💎Recently, #MKR faced a significant rejection at $2,143. Now, the price is approaching the $1,700–$1,800 zone, a crucial level that has historically acted as strong support. If bulls can step in and defend this area, keeping the price above $1,800, a sharp bounce could follow. Upside probable targets in this scenario would be around $2,300 and potentially as high as $2,900, confirming a bullish breakout and suggesting that a new leg of the uptrend is underway.
💎On the other hand, failure to hold the $1,700 support zone would signal weakness. A breakdown below this level could trigger a swift decline toward $1,400 and possibly even $1,200. Such a move would indicate a bearish reversal and allow bears to seize control of the market direction.
💎This is a critical juncture for #MKR. A strong bounce here could reignite bullish momentum, while a breakdown could lead to a significant reversal. As always, patience and disciplined risk management are essential. Let the price action confirm its direction before committing to any trades.
Trade smart, Paradisers. Consistency and strategy are the keys to long-term success. Stay focused and keep mastering the art of trading because that’s how winners are made.
MyCryptoParadise
iFeel the success🌴
APTUSDT Is a Bullish Breakout Coming, or Will Support Give Way?Yello, Paradisers! Are you keeping an eye on #APTUSDT? This setup could deliver significant gains or signal a sharp pullback—let’s break it down.
💎#APT recently made a strong rebound from its support zone, suggesting the potential for bullish continuation if it can break above the minor resistance at 15.36. A successful breakout here could trigger a mid-term rally, with the major resistance zone as the next target.
💎However, there are critical levels to watch. If APT fails to break 15.36, the price might pull back to the support area between 11.20 and 10.40. If this zone holds, we could see a rebound and another attempt at the minor resistance.
💎If the 11.20–10.40 support doesn’t hold, the price could dip further into the demand zone at 9.60. A liquidity sweep here might spark a stronger rebound and a renewed upward movement.
💎It’s important to stay cautious. If APT breaks below the strong support at 9.60 and closes a daily candle below it, the bullish case will be invalidated, and further downside may follow.
Be patient, wait for clear confirmations, and manage your risks wisely. Consistency and discipline are the keys to navigating opportunities like this one. Stay focused and trade strategically.
MyCryptoParadise
iFeel the success🌴
Will MKRUSDT Hold or Break? Critical Levels You Must Watch! Yello, Paradisers! Are you watching #MKRUSDT closely? This critical moment could set the stage for a massive move—don’t miss out!
💎#MKR is currently showing respect for its support levels, with potential for bullish continuation if it successfully breaks the minor resistance area near $2,400. A breakout above this resistance could ignite a mid-term bullish rally, with the highest probability of reaching the major resistance zone as our next target.
💎However, the picture isn’t all bullish. If MKR fails to approach or break this minor resistance, there’s a significant chance it will retrace back to the demand zone at $1,887. At this level, price action will be critical: if MKR finds support and rebounds, the bulls might regain control, setting up another attempt to break the minor resistance.
💎But what if MKR fails to rebound at $1,887? In this scenario, we could see the price retesting a lower demand zone between $1,700 and $1,600. A failure here could signal deeper downside potential, putting MKR at risk of falling even further.
💎When analyzing MKR’s price history, the support zones have repeatedly held firm, showing strong buying interest when the price dips into these areas. If history repeats itself, MKR could again find support and bounce. However, a confirmed break and daily candle close below $1,600 would invalidate the bullish outlook and could lead to a deeper correction.
Avoid emotional trades, stay focused on your strategy, and always manage your risks. Consistency, not speculation, is how you win in this market.
MyCryptoParadise
iFeel the success🌴
Will YGGUSDT Break Above Resistance or Face a Pullback? Yello, Paradisers! Is #YGGUSDT setting up for a bullish breakout, or is it gearing up for a deeper correction? Let’s analyze the current market structure to prepare for the next move.
💎YGGUSDT is approaching a crucial resistance level at $0.85, a level that has rejected the price twice in recent weeks. If the price manages to break above this barrier, it’s likely to target the psychological resistance at $0.9423. Beyond that, a continuation toward the $1.00 mark is on the cards if bullish momentum remains strong.
💎However, a rejection at this resistance could lead to a pullback toward the key support level in the $0.6693–$0.6995 zone. This area has proven to be a strong base for buyers and is aligned with the demand zone below. If the price fails to hold here, a deeper correction into the $0.5733 demand zone is possible. A break below this zone could trigger further declines, potentially testing the $0.35 level.
💎At this point, staying disciplined is crucial. If YGG breaks above $0.85, it may offer a solid long opportunity, but only if momentum confirms the move. On the other hand, Paradisers should watch for weakness or bearish candles at resistance, as these could indicate a deeper retracement.
Success in trading comes from patience, Paradisers. Wait for the market to confirm its direction before making a move, and always protect your capital with appropriate risk management. The next major trend will reward those who remain focused and disciplined. Stay sharp, and let’s conquer the charts together!
MyCryptoParadise
iFeel the success🌴
ETH/USDT IN 15 minutes AnalysisETH/USDT 15-Minute Analysis
On the 15-minute time frame, ETH/USDT has successfully broken out of a triangle pattern, indicating potential bullish momentum. If the breakout is supported by strong volume and sustained buying pressure, we can expect the price to move toward the green target zone.
Target zone:
The green zone is the current target area, aligning with the measured move from the triangle breakout.
At this moment, it’s crucial to monitor whether the price finds support at the breakout level to confirm the continuation of the trend.
LPTUSDT: Critical Levels to Watch – Will Bulls Defend the Line?Yello, Paradisers! Are you prepared for the critical moves ahead on #LPTUSDT? This setup is heating up, and the next few days could define the trend’s future. Let’s dive in.
💎#LPT is eyeing a retest of the $17.7 - $16.4 support zone. If this area holds, we could see buyers stepping in to fuel a bullish continuation, potentially targeting the major resistance zone. This would align with the broader bullish trend we’ve been tracking.
💎But here’s where it gets tricky. Things could turn ugly if LPT fails to rebound at this support and breaks below it. The price could spiral down toward the $13.7 - $12.5 demand zone. From here, bulls must make a stand and reclaim the lost support to keep the bullish scenario alive.
💎If the daily candle closes below the demand zone, it will confirm a bearish breakdown, with the potential for an even deeper dip.
Stay focused and wait for clear signals before making your move. This is how you ensure long-term profitability.
MyCryptoParadise
iFeel the success🌴
#FETUSDT Analysis: Is a Big Move Brewing? Yello ,#FETUSDT has shown remarkable bullish momentum recently, breaking through key resistance levels and forming a clear upward trajectory. However, after reaching a high near $2.199, the price is retracing, signaling a potential opportunity to reevaluate key levels for the next move.
💎The price is currently approaching the critical support zone around $1.699–$1.744. This area coincides with the 100 EMA on the 4-hour chart, which adds confluence to its significance. If bulls successfully defend this zone, we could see a continuation of the upward move, with potential targets at $2.199and beyond. A breakout above this level would likely accelerate bullish momentum, pushing the price toward the psychological resistance of $2.697.
💎On the downside, the demand zone near $1.522-1.550 is the next key area to monitor if the current support fails. This zone has historically provided strong buying interest, and a bounce from here would offer another chance for bulls to regain control. However, if the price closes a daily candle below $1.550, it would invalidate the bullish structure and open the door for further downside, potentially toward $1.30 or lower.
💎Currently, the market is at a decisive point. Bulls must step in and hold above support to maintain the momentum, while bears are eyeing a deeper retracement to key demand levels.
Paradisers, remember that trading is a game of probabilities, not certainties. Stay disciplined, plan your entries carefully, and always manage your risk. The next move in #FETUSDT could be a game-changer for those who stay prepared and patient!
MyCryptoParadise
iFeel the success🌴
Token name from you, Analysis with meHi everyone, I hope you have a great weekend .
Please write the Project name and Token symbol in the comment section, and I will then share the token analysis with you.
Please pay attention to the conditions.
For example, write Bitcoin(BTC) in the comment.
Project name: Bitcoin
Token symbol: BTC
A maximum of 20 tokens will be analyzed for you .
For each follower, please register only 1 analysis request in the comment section.
Your token analysis will be shared below your comment .
If you found this helpful, please Hit the ✅ Like Button ✅ (It fuels my energy) 💪 and Share it with your friends! Let’s grow together! 🙏😊
Wishing you health, wealth, and success! 🚀💸
ZKUSDT Ready for a Breakout or About to Fail?Yello, Paradisers! ZKUSDT has formed a classic cup-and-handle pattern, and it looks like it’s about to challenge the key resistance trendline. But is this the moment we’ve been waiting for?
💎If ZKUSDT successfully breaks through both the resistance trendline and the resistance zone, it will validate the cup-and-handle pattern, significantly increasing the odds of a strong bullish move.
💎However, if we see a pullback, we can anticipate a bounce from the support zone—but to truly tip the scales in our favor, we’ll need to see an I-CHoCH (Internal Change of Character) on lower timeframes.
💎On the flip side, if ZKUSDT breaks down and closes candle below the support zone, it will invalidate our entire bullish thesis. In that scenario, it’s wiser to stay patient and wait for clearer price action to form before jumping back in.
🎖As always, discipline and patience are your best tools in these situations. If you're serious about consistent profits, waiting for high-probability setups is key. Trade smart, Paradisers! Stay focused and keep mastering your strategy to be in the winner's circle.
MyCryptoParadise
iFeel the success🌴
Will ZRXUSDT Ignite a Bullish Reversal? Yello, Paradisers! Have you noticed the key breakout on ZRXUSDT? 🚨 The pair has just broken out of a major resistance trendline and formed an Inverse Head and Shoulders pattern, all while showing a bullish divergence. Are we about to witness a strong reversal, or will this be a fake-out?
💎If ZRXUSDT manages to break and closes candle above the resistance zone, it will confirm the Inverse Head and Shoulders pattern, significantly increasing the probability of a bullish reversal. The bullish divergence adds even more weight to this potential move.
💎In the event of a pullback, a bounce from the support zone is expected. To increase the odds in our favor, we’ll be looking for a bullish I-CHoCH (Internal Change of Character).
💎However, if the price breaks down and closes below the support zone, the entire bullish setup will be invalidated. In that case, the best approach would be to wait for a clearer price action before taking any new positions.
🎖 As always, patience is key, Paradisers! Stick to the strategy, wait for confirmation, and avoid impulsive decisions. Successful trading is all about timing and discipline—don’t rush it!
MyCryptoParadise
iFeel the success🌴
IDUSDT: Bullish Breakout or Panic-Inducing Breakdown?Yello, Paradisers! Are you ready for a major move on IDUSDT? If you’ve been keeping an eye on this one, you might be in for a game-changer!
💎IDUSDT is approaching the resistance trendline, forming a classic Cup & Handle pattern—and we’ve got a bullish divergence in play.
💎If IDUSDT breaks and closes a candle above the resistance zone, it will confirm the Cup & Handle pattern, significantly increasing the odds of a bullish reversal. This could be your signal to ride the wave up!
💎Now, if we get a pullback, don’t panic. We’re eyeing a bounce off the support zone. But for a safer bet and higher probability in our favor, we need to see a bullish I-CHoCH in lower timeframes for confirmation.
💎On the flip side, if the price breaks down and closes candle below the support zone, that’s a red flag. It will invalidate our bullish scenario altogether.
Be patient, wait for the right confirmation, and avoid emotional decisions. Smart trading is about following the strategy and never rushing the market. Stay sharp and disciplined, Paradisers! 💪
MyCryptoParadise
iFeel the success🌴