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UNIUSDT: A Massive Bullish Move Loading… or a Trap?Yello, Paradisers! Is UNIUSDT finally gearing up for a major breakout, or is this just another fake move before a deeper correction? Let’s break it down. 💎UNIUSDT is currently trading within a descending channel, increasing the probability of an upcoming bullish move. The key support zone is holding strong, and we might be witnessing the early signs of a double-bottom formation—a classic reversal pattern. 💎However, confirmation is everything in trading. To increase the probability in our favor, we need to see: Bullish divergence, Bullish I-CHoCH (Internal Change of Character), Bullish reversal patterns such as a W-pattern or inverse head and shoulders from our support zone. 💎If UNIUSDT retraces further, we expect a bounce from the strong support zone—but again, we must wait for clear bullish confirmations before taking any positions. 💎The invalidation level? If price breaks and closes candle below the strong support zone, the entire bullish setup gets invalidated. In that case, we wait patiently for better price action before considering any new trades. 🎖Patience and discipline are key, Paradisers. Many traders will get trapped in bad positions, but those who wait for the right confirmations will be the ones making money. Trade smart & stick to high-probability setups only. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
TAOUSDT at a Crucial Level – Breakout or Breakdown?Yello, Paradisers! Is TAOUSDT gearing up for a strong bounce, or is a deeper correction on the horizon? Let’s break it down. 💎TAOUSDT has completed a healthy retracement, forming a descending channel alongside a Dragon Butterfly candlestick pattern—both backed by high volume. Historically, when this pattern appeared with strong volume, we saw a solid upside move. This time, we also have a bullish divergence, adding confluence to the bullish case. However, to increase the probability of a breakout, we need to see price breaking above the descending channel with strong volume. 💎Now, what if price drops further or shows panic selling? In that case, we must wait for clear bullish confirmations before jumping in. Ideal signals include - Bullish I-CHoCH formation, W pattern or Inverse Head and Shoulders on lower timeframes. Any of these would significantly increase the probability of a strong bounce from the strong support zone. 💎 However, If price closes a candle below the strong support zone, it will invalidate our bullish outlook. If that happens, the best move is to stay patient and wait for better price action before considering any long positions. 🎖Patience is what separates pros from amateurs. If you want to make it in this game, trade smart, stay disciplined, and always wait for high-probability setups. The market will always test your emotions—don’t let it break your strategy. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Can #IOTA Gain Bullish Momentum Again or Not? Key Levels Yello, Paradisers! Is #IOTA about to break out or is another rejection going to send it even lower? Let’s break down the latest #IOTAUSDT setup: 💎#IOTA is forming a bullish flag on the 1D timeframe, a classic continuation pattern that often leads to a strong upward move. After a parabolic run in late 2023, price action has been consolidating within a descending channel, respecting both support and resistance levels. But the real battle is about to begin. 💎The key breakout zone sits around $0.31—this is the descending resistance that IOTA must break to confirm a bullish reversal. A clean breakout with volume could send prices surging toward the $0.61–$0.63 resistance zone, where sellers may step in. 💎On the downside, the support zones between $0.17 and $0.10 remain crucial. Bulls need to defend this area to maintain the bullish structure. The buyers have already tested these levels, and they held. You can watch for strong volume and the 50-EMA to confirm growing demand at these levels. 💎If buyers fail and a daily candle closes below $0.10, it would invalidate the bullish scenario, potentially leading to a deeper correction toward lower levels. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
DOGE About to Explode or Another Trap?Yello, Paradisers! Is DOGEUSDT finally gearing up for a breakout, or is this just another fakeout before a deeper drop? Let’s break it down. 💎DOGEUSDT is currently forming a descending channel pattern, and things are starting to look interesting. The price has printed a bullish engulfing candle right on the supportive trendline, backed by bullish divergence and a key support zone—all strong signals that a bullish move could be on the horizon. 💎If we see further panic selling or a deeper retracement, DOGEUSDT is likely to bounce from the strong support zone. However, for confirmation, we need to see a bullish I-CHoCH, a W pattern, or an inverse head & shoulders forming on the lower timeframes before considering a bullish move. 💎On the flip side, if DOGEUSDT closes a candle below the strong support zone, our bullish outlook gets invalidated. In that case, it’s best to step back and wait for better price action to develop rather than forcing a trade. 🎖 The key to long-term profitability is patience and discipline. Don’t rush—wait for high-probability setups and stick to solid trading strategies. Trade smart, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
LINKUSDT: Bullish Setup or Breakdown Ahead?Yello, Paradisers! Could this head & shoulders structure spell trouble for LINKUSDT? Or is the market setting up for a bullish reversal? 💎LINKUSDT appears to be showing signs of a retracement due to its head and shoulders pattern. If the price retraces to the identified support zone and presents a bullish I-CHoCH, W-pattern, or inverse head and shoulders on lower timeframes, the probability of a significant bullish move increases. 💎However, if the price drops further to sweep below the current zone (inducement), it’s prudent to wait for confirmation at the strong support zone. Although reaching this level might seem unlikely, if the price does drop, it would strengthen the likelihood of a bullish rebound. In this case, watch for bullish patterns such as I-CHoCH, W-patterns, or inverse head and shoulders to form before taking any action. 💎On the flip side, if a breakdown occurs and the candle closes below the strong support zone, this would invalidate our bullish outlook. In such a scenario, patience will be key—waiting for better price action and clearer market structure before considering the next move. 🎖 As always, the disciplined and patient approach wins in this market. Stick to the plan, follow the confirmations, and trade smart, Paradisers! MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
2
AMBUSDT: Will a Bullish Reversal Happen?Yello, Paradisers! Are you ready for the next potential move on AMBUSDT? 💎AMBUSDT is looking strong after a healthy retracement and has now entered the oversold zone—an exciting development for traders. 💎Currently, the price is approaching a critical support zone and showing signs of bullish divergence, which increases the likelihood of an upside move. However, confirmation is key before jumping in. Here's what we’re watching: 💎Scenario 1: For confirmation of a bullish move, we need to see a bullish I-CHoCH (Internal Change of Character) on the lower timeframe once the price reaches the strong support zone. 💎Scenario 2: Alternatively, a breakout and candle close above the resistance trendline with proper volume will also confirm bullish momentum. 💎However, If the price breaks down and closes candle below the strong support zone, the entire bullish outlook will be invalidated. In that case, patience will be key—we’ll wait for a clearer price action setup to form before making any moves. 🎖Remember, Paradisers, trading isn’t about rushing in—it’s about disciplined, calculated decisions. Waiting for the right confirmation can save you from unnecessary losses and keep you on track for long-term success. Stay focused, stick to the plan, and trade smart! MyCryptoParadise iFeel the success🌴
ALong
by MyCryptoParadise
6
Is PYTHUSDT About to Explode or Break Down?Yello, Paradisers! PYTHUSDT is shaping up nicely after forming a W pattern at a key supportive trendline. But the real question is—will the price hold and push upward, or is a breakdown lurking just around the corner? Let’s break down the critical levels and scenarios you need to watch closely. 💎If PYTHUSDT breaks above the resistance level and closes a candle above it, the odds of a bullish move increase significantly. This breakout would confirm the W pattern, signaling potential upside momentum. 💎There's still a risk that PYTHUSDT could retrace further before any bullish breakout happens. If the price drops lower, it could be a liquidity grab (inducement) to shake out weaker hands before bouncing from the strong support zone. 💎In that case, it’s better to wait for the retracement to play out and then look for a bullish reaction from the strong support zone before taking any action. 💎Now, here’s the worst-case scenario: if PYTHUSDT breaks below the strong support zone and closes a candle beneath it, the bullish structure will be completely invalidated. 💎In this case, it’s better to stay patient and wait for a clearer price structure to form before re-entering any positions. Never chase the trade—we wait for the highest probability setups to align. 🎖 Remember, patience is key in trading! The market will always provide opportunities, but it’s the disciplined traders who capitalize on them. Stay focused on key levels, wait for confirmations, and don’t get caught by false moves. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
4
Bitcoin’s Next Big Move: Road to $118K?Hey Realistic Traders, Is BINANCE:BTCUSDT Bullish Outlook Over Yet? Let’s dive into the analysis... For nearly a month, BTC/USDT remained in a consolidation phase. However, on January 17, 2025, it successfully broke through resistance, signaling the beginning of a bullish phase. Since then, the price has consistently traded above the EMA 200, reinforcing a strong uptrend. On the H4 timeframe, a Falling Wedge Breakout has been confirmed, accompanied by a bullish MACD crossover, further supporting the likelihood of continued upward momentum. Based on these technical factors, the price is projected to rise toward Target at 118,000, as long as it stays above the critical stop-loss level of Stop Loss 97,777. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin."
Long
by financialfreedomgoals101
1
Bitcoin $10K Swings Elliott and Key SR Zones. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Bitcoin has continued to stay volitile, posting two more $10K+ daily moves. The market has been highly news reactive, with significant swings in both directions. After testing $93K, price held and has since moved back to the $102K area, a level that has been a key point of interest. The focus now is on whether this level will play as resistance for the wave 3 and return to the 99k area for possible base before continuation or if further retracement is needed before the next move. Wave 4 Development From an Elliott Wave perspective, a potential wave 4 retracement is in play, with $99K- GETTEX:98K acting as a key support zone. Holding above this range could set the stage for another leg up. So staying vigilant for a corrective pattern above or to this level. Key Levels to Watch $102K and $99K – Significant areas for market structure. $106K – A level that remains on the radar for further upside. Long positions from $105.6K and $93.8K provide some flexibility to observe price action and adjust accordingly. The market remains dynamic, and adapting to real-time developments is key. As price action unfolds, the focus will be on whether key levels hold and what signals and patterns emerge for the next move. Trade safe, trade smart, trade clarity.
COINBASE:BTCUSDLong
by CryptoKnee
STMXUSDT at a Make-or-Break Level – What’s Next?Yello, Paradisers! Are we about to see a major bounce on STMXUSDT, or is a breakdown lurking? Let’s break it down. 💎STMXUSDT has been in a healthy retracement and is now approaching a key support zone. If the price takes inducement and reaches this level, we’ll be watching for bullish price action confirmations—particularly a Bullish I-CHoCH on lower timeframes. This would significantly increase the probability of a bullish move. 💎Additionally, if we see a W pattern or an inverse head and shoulders forming in this area, it would further strengthen the bullish case. Stay alert and monitor price action closely. 💎However, if STMXUSDT breaks below the strong support zone and closes a candle beneath it, our bullish setup becomes invalid. In this scenario, it’s better to stay patient and wait for a more favorable price action setup. 🎖Remember, Paradisers—trading is all about waiting for high-probability setups. Discipline and patience always win in the long run. Stay sharp! MyCryptoParadise iFeel the success🌴
SLong
by MyCryptoParadise
9
JASMY at a Crossroads: Breakout or Deeper Drop?Yello, Paradisers! JASMY remains in a bullish market structure on the higher timeframe, but the question is—will the current retracement lead to a breakout or a deeper correction? 💎Right now, JASMYUSDT is retracing into a crucial support zone. If the price breaks above the resistance trendline with strong volume and confirms a bullish I-CHoCH on lower timeframes, it would significantly increase the probability of an upward move. However, patience is key—confirmation is crucial before entering a trade. 💎If the retracement deepens or panic selling kicks in, we’ll be watching the next strong support zone. A bounce from there is possible after taking inducement, but confirmation will still be necessary—look for a bullish I-CHoCH on lower timeframes or classic reversal patterns like a W pattern or inverse head & shoulders. 💎However, if the price breaks below the strong support zone and closes candle below it, our bullish scenario becomes invalid. In that case, it’s best to step back and wait for a stronger price action setup before making any moves. 🎖The key here is discipline and patience. Don't chase trades—wait for high-probability setups and let the market come to you. This is the only way to stay consistently profitable in the long run. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
19
CELRUSDT: Massive Move Incoming? Key Support Holding Strong! Yello, Paradisers! Is CELRUSDT gearing up for a major bounce, or is another leg down coming? Let’s break it down. 💎CELRUSDT has retraced to a key support zone, showing a healthy pullback. The price action has formed a falling wedge pattern, which is typically a bullish reversal setup. The probability of a bounce from this level is high, but to confirm a stronger move, we need additional bullish signals—such as an I-CHoCH (Internal Change of Character), a W pattern, or an inverse head and shoulders on lower timeframes. 💎Right now, the price is attempting to break out of the falling wedge, but we need to see an increase in volume to confirm a proper breakout. A weak breakout without volume could lead to a fakeout, so patience is key. 💎If CELRUSDT drops further, especially in a panic-selling scenario, we can expect a bounce from the stronger support zone below. However, just like in the current setup, we will need clear bullish confirmation—such as an I-CHoCH or bullish patterns on lower timeframes—to increase the probability of a reversal. 💎If the price breaks down and closes candle below the strong support zone, it will invalidate our bullish setup. In that case, waiting for a more favorable price action setup will be the best strategy before looking for long entries. 🎖 The market is full of traps, and patience is what separates the winners from the losers. Wait for confirmation, follow the strategy, and never trade based on emotions. Play it smart, Paradisers! Stay disciplined and trade like a PRO. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
16
ARUSDT: Major Move Incoming? Don’t Get TrappedYello, Paradisers! Is ARUSDT setting up for a big reversal, or are we about to see another wave of panic selling? Let’s break it down. 💎ARUSDT has been in a healthy retracement, forming a falling wedge pattern—a classic bullish reversal structure. Right now, the price is approaching a key support zone and the lower trendline of the wedge. This increases the probability of a bounce, but we need confirmation before taking any action. 💎Bullish I-CHoCH, W pattern, or an inverse head & shoulders on lower timeframes—these signals will strengthen the bullish case. 💎If price drops further due to panic selling, the next strong support zone will be critical. Again, we’ll wait for the same bullish reversal signs before making any moves. 💎However, if ARUSDT breaks down and closes candle below the strong support zone, it invalidates the bullish idea. In that case, we step back and wait for better price action before considering any entries. 🎖 Patience is key, Paradisers. Trading is not about guessing—it's about waiting for high-probability setups and executing with discipline. The market will reward those who wait for confirmation, while those who rush in will pay the price. Be the trader who plays it smart! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
13
#FLOKI at a Make-or-Break Moment – Major Breakout Incoming?Yello, Paradisers! Is #FLOKI gearing up for a massive breakout, or are we about to see another leg down? Let's look at the latest analysis of #FLOKIUSDT: 💎The price has been consolidating within a falling wedge formation on the 12-hour timeframe, a pattern that often leads to a bullish reversal. This pattern and a liquidity sweep at the lower boundary have already shaken out impatient traders. But remember, no move is confirmed until we see a decisive breakout. A decisive move above key resistance is needed to confirm the shift in momentum. 💎#FLOKI is currently testing the descending resistance of this wedge, and a breakout above $0.00019 could trigger a strong rally. If bulls take control, the next major target will be the supply wall between $0.00028 - $0.00030, where significant selling pressure is likely to emerge. A clean move above this area could open the doors for an extended bullish run. However, failure to break above resistance could lead to another pullback before any real upside momentum develops. 💎On the downside, #FLOKIUSD is sitting on a strong support zone around $0.00011. Buyers have consistently stepped in at this level, reinforcing its importance. If this support holds, we can expect a bounce and a potential attempt to break out of the wedge. The next line of defense for the #FLOKIUSDT is at the demand zone at $0.000086 if the above support fails. 💎However, if #FLOKI loses this support and a candle closes below $0.000086, the bullish scenario would be invalidated, exposing the price to further downside toward the lower support zone. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
5
Is SUSHIUSDT About to Bounce or Break? Yello, Paradisers! SUSHIUSDT is setting up an intriguing scenario after reacting to a key resistance trendline. Let’s break this down: 💎If SUSHIUSDT shows a bullish I-CHoCH (Internal Change of Character) from the key support zone—previously a resistance level—it could signal a higher probability of a bounce. However, patience is key here; we need to wait for confirmation of a bullish I-CHoCH on lower timeframes to take action. 💎On the flip side, if the price experiences further drops or shows signs of panic selling, the best approach would be to wait for it to reach a stronger support zone. At that point, we’d need to look for bullish patterns such as A W formation or An Inverse Head and Shoulders on lower timeframes to stack the odds in our favor. 💎If the price breaks down and closes a candle below the strong support zone, it will invalidate the bullish thesis entirely. In that case, it’s smarter to wait for a clearer structure to develop before considering any entries. 🎖 Remember, Paradisers, disciplined trading is the only way to achieve long-term success. Avoid impulsive decisions and always prioritize confirmation over speculation. The market rewards patience and preparation—stay sharp, stay focused. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
#SEI Ready for a Bullish Rally or Not? Key Levels to Watch Yello, Paradisers! Is #SEIUSDT gearing up for a major breakout, or are we in for another leg down? Let’s break down the #SEI setup: 💎#SEI is currently trading within a falling wedge formation on the 8-hour timeframe, a classic bullish reversal pattern. This pattern, coupled with a liquidity sweep at the lower boundary, has already shaken out impatient traders. But remember, no move is confirmed until we see a decisive breakout. A decisive move above key resistance is needed to confirm the shift in momentum. 💎The major resistance zone to watch is $0.479. If #SEI manages to break above this level with strong volume, we could see a sharp rally towards the $0.65–$0.70 range, where significant selling pressure may come into play. However, failing to break above resistance could lead to another retest of lower levels before any bullish continuation. 💎On the downside, #SEI is sitting on a strong support zone around $0.2800. Buyers have consistently stepped in at this level, reinforcing its importance. If this support holds, we can expect a bounce and a potential attempt to break out of the wedge. The next line of defense for the #SEI is at the demand zone at $0.205 if the above support fails. 💎However, a candle closing below the demand zone at $0.2053 would invalidate the bullish scenario, exposing #SEI to a further drop towards $0.15 or even lower. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
ETH Before the Hunt: Why Clarity is King in TradingIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! When it comes to trading, patience is often as important as the strategy itself. As I stared at the chart for what felt like an eternity, I couldn’t help but notice the mixed signals emerging from the Elliott Wave side of things. Mixed signals can be frustrating, especially when you’re eager to make a move, but they’re also a reminder to slow down and let the market tell its story. In moments like these, clarity is everything. For me, clarity comes at specific levels—in this case, 3k or 3750. Until one of these levels breaks, I can’t say I’m confident enough to take a stance or make an entry. Trading without clarity isn’t trading; it’s guessing. And let’s face it, guessing doesn’t have a great track record in this game. Why 3k and 3750 Matter So, why these specific levels? In technical analysis, certain price points serve as psychological or structural boundaries. They’re often where traders make decisions that push the market one way or another. A break of these levels would signal a shift—whether in momentum, sentiment, or structure—that provides the clarity I need to move forward. Elliott Wave analysis is notoriously nuanced. Sometimes the waves line up perfectly, painting a clear picture, and other times they leave you scratching your head. Right now, the picture isn’t clear enough for me to confidently interpret the waves, which is why those key levels are so important. They act as filters, cutting through the noise and allowing me to focus on the signal. The Power of Patience Patience in trading isn’t just about waiting—it’s about waiting with purpose. The market doesn’t reward impulsive behavior, but it often rewards disciplined traders who wait for the right setup. That’s why I’m holding off for now. If one of those levels breaks, I’ll reassess, recalibrate, and, if everything lines up, begin the hunt for an entry. The idea of “the hunt” is what keeps me engaged. It’s not about rushing to pounce on an opportunity; it’s about tracking it, understanding it, and striking when the odds are in your favor. But before the hunt, there’s the waiting. Dealing with the Uncertainty It’s worth noting that uncertainty is part of the game. No chart analysis, no matter how thorough, can guarantee an outcome. What you can do is put yourself in a position to make informed decisions based on your strategy and the information available. Right now, the information I need lies at the 3k and 3750 levels. Until those break, my job is to sit back and observe. Waiting for clarity might feel passive, but it’s an active part of the process. By staying patient, I’m avoiding the pitfalls of premature action and ensuring that when I do make my move, it’s backed by data, analysis, and strategy—not emotion or guesswork. Final Thoughts Mixed signals are part of the trading experience. They can test your patience and make you second-guess your approach, but they’re also a valuable reminder to stick to your plan. For me, that means waiting until 3k or 3750 levels break. When they do, I’ll be ready to act. For now, the hunt is on pause. But once clarity shows up, that’s when the real work begins. Until then, it’s all about watching, analyzing, and preparing. Because in trading, as in life, timing is everything. Trade safe, trade smart, trade clarity.
COINBASE:ETHUSD
by CryptoKnee
RUNEUSDT: Is This Falling Wedge About to Trigger a Major Move?Yello, Paradisers! Have you been keeping an eye on RUNEUSDT? The price is following a textbook falling wedge pattern—a bullish formation that’s caught our attention after a healthy retracement. But here’s the main question: Will this breakout bring the pump we’re all waiting for, or is more pain on the horizon? Let’s dive in. 💎If RUNEUSDT breaks out of the falling wedge, the probabilities for a bullish move will significantly increase. However, don’t jump the gun—confirmation is key! Look for big volume spikes accompanying the breakout to validate the move. Without sufficient volume, it’s just a fake-out waiting to trap impatient traders. 💎On the other hand, if we see more retracement or even panic selling, the price could dip below the current inducement levels. In this scenario, we’d expect a bounce from the strong support zone, which is sitting at a crucial level. To improve the odds in our favor, keep a close eye on bullish I-CHoCH (Internal Change of Character) forming on lower timeframes. This will provide an early signal for potential trend reversal. 💎Now, let’s address the flip side. If the price breaks down and closes below the strong support zone, it will completely invalidate our bullish idea. In such a case, the smart move is to exercise patience and wait for better price action to develop. There’s no need to rush when the market isn’t showing clear opportunities! 🎖 As always, Paradisers, discipline is your greatest trading edge. Don’t act on emotions or rush into trades without proper confirmation. Only the patient and strategic will profit in the long run. Stay focused, stay smart, and play this game like a pro! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
5
APEUSDT: Can Bulls Defend This Key Zone?Yello, Paradisers! Could APEUSDT’s Next Move Shock Traders? Here’s What to Watch! 💎APEUSDT has grabbed attention after completing a healthy retracement and taking out the inducement. But is this setup ready to explode into a bullish rally, or could deeper corrections be on the horizon? Let’s break it down step by step: 💎If APEUSDT forms a classic W-pattern or an inverse head and shoulders on the lower timeframes—and breaks above the resistance trendline—this could signal the start of a strong bullish move. These are high-probability setups that often precede a rally, so keep them on your radar. 💎In case of further retracement or panic selling, the strong support zone below could act as a critical bounce level. However, for this scenario to materialize, a W-pattern or inverse head and shoulders at this zone is essential to confirm bullish intent. Without these formations, the bounce may lack strength or fail entirely. 💎If the price breaks down and closes candle below the strong support zone, it would invalidate the bullish thesis entirely. At that point, stepping back and waiting for new price action setups will be the smarter play. Chasing trades in this kind of breakdown could lead to unnecessary losses—patience always pays off in the long run. Paradisers, this is where discipline separates winners from the rest. 🎖 Watch for those key patterns and stick to confirmed setups. Chasing the market without proper signals is a recipe for disaster. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
10
#COTI Getting Ready for a Mega Bullish Wave | Key Levels Yello, Paradisers! Is #COTIUSDT about to break out, or are we heading for a bearish breakdown? Let's break down the latest setup of #COTI: 💎The current falling wedge formation on the 8-hour chart is showing high potential for a bullish reversal. This pattern, coupled with a liquidity sweep at the lower boundary, has already shaken out impatient traders. But remember, no move is confirmed until we see a decisive breakout. #COTIUSD is moving to retest the descending resistance. 💎 OTC:COTI is facing a tough resistance at $0.142, aligning perfectly with the descending wedge’s upper boundary. A clean break and close above this level on the 8-hour timeframe could spark a rally toward the $0.18–$0.19 major supply wall, where sellers are likely to pile in. 💎On the downside, $0.09719 remains a strong support zone, where buyers have historically stepped in. If #COTI closes below this level, we may see a sharper decline toward the $0.077 demand zone, which is the last line of defense for bulls. 💎A close below $0.07780 would invalidate the bullish setup entirely and signal a potential plunge to lower lows. This breakdown would open the door for further bearish momentum, with sellers fully in control. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise