Yello, Paradisers! Are you watching ROSEUSDT closely? If not, you might want to pay attention because this setup is reaching a critical point that could make or break its next move. Let's dive into the key levels and scenarios we're monitoring to stay one step ahead of the crowd.
💎ROSEUSDT is attempting to form a W pattern from a key support zone. If this pattern fully materializes and we see a breakout with a confirmed candle close above the resistance, the probability of a bullish continuation will increase significantly. This move could open the door to higher price levels.
💎However, it’s essential to wait for confirmation—the breakout must be backed by a solid close above the resistance level to validate the W pattern. No premature entries, Paradisers! Discipline is key.
💎If the price pulls back before breaking out, there’s a high chance of a bounce from the strong support zone. But to increase the odds in our favor, we need to see signs of bullish intent, such as a bullish I-ChoCH (Internal Change of Character) or familiar bullish reversal patterns like the W pattern or inverse head and shoulders on lower timeframes.
💎Keep in mind—it's not just about the support holding, but also about how the price reacts at these levels. Strong bullish reactions give us more confidence to enter trades.
💎On the flip side, if ROSEUSDT breaks down and closes a candle below the key support zone, it will invalidate our bullish idea entirely. In that case, it’s better to remain patient and wait for new, more favorable price action to form before taking any positions.
💎Patience and discipline are what separate successful traders from the rest. We wait for high-probability setups with clear confirmations. No rushing into trades without a validated breakout!
Trade smart, Paradisers. Stick to your strategy, and remember—the market rewards the most disciplined players.
Thanks
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