๐ Paradisers, #DEXEUSDT has broken out of a triangle pattern and is currently approaching a crucial resistance zone.
๐ If #DEXE closes a candle above the resistance zone, it will validate the breakout of the triangle pattern, and a bullish move is expected.
๐ In the case of a pullback, we can expect a bounce from the demand zone, but we need an Internal Change of Character (I-CHoCH) from here towards the bullish market structure for confirmation.
๐ However, if the price closes a candle below the demand zone, it will invalidate our entire idea. In that case, it would be better to wait for more appropriate price action to develop.
MyCryptoParadise
iFeel the success๐ด
๐ If #DEXE closes a candle above the resistance zone, it will validate the breakout of the triangle pattern, and a bullish move is expected.
๐ In the case of a pullback, we can expect a bounce from the demand zone, but we need an Internal Change of Character (I-CHoCH) from here towards the bullish market structure for confirmation.
๐ However, if the price closes a candle below the demand zone, it will invalidate our entire idea. In that case, it would be better to wait for more appropriate price action to develop.
MyCryptoParadise
iFeel the success๐ด
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.