OP/USDT upward momentum descending resistance breakout?👀🚀💎 Paradisers! Keep your eyes on #OPUSDT as it's showing promising signs of a bullish continuation from the demand zone.
💎 After careful observation of the price action, we’ve noted that $Optimism is on the verge of breaking through descending resistance. If it successfully breaches this resistance and maintains momentum above the EMA 100, there’s a high likelihood that the price will make a strong bullish move upward.
💎 It’s also important to consider the alternative scenario: if NASDAQ:OP fails to break the descending resistance and begins to drop, we might anticipate a bullish rebound from a lower key support zone. However, breaking below this could invalidate the bullish setup and lead to further declines in price.
MyCryptoParadise
iFeel the success🌴
Descendningchannel
BTC: READY TO TEST $45K!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC /USDT update. BTC looks good in LTF. In my previous BTC update, I told you that $40.5k is an important support level and so far BTC holding that support and bounced.
Now let's get to the chart.
BTC is breaking out from a descending channel in 2hr time frame. It also made a bull flag-like structure inside the descending channel where the bull flag is already broken out.
So far BTC looks strong and I'm expecting it to reach $45k-$46k resistance soon.
Invalidation level:- If BTC again breaks and closes below $40.5k then this chart becomes invalid.
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Also, share your views in the comment section.
Thank You!