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COTI/USDT upward momentum from demand? 👀🚀COTI analysis💎 Paradisers! We are currently witnessing #COTIUSDT showing a high probability of bullish continuation from the demand zone. 💎 After closely monitoring the price action, we've seen OTC:COTI break above its descending resistance. It's now positioned for a bullish continuation from the demand zone at $0.9994. Interestingly, this demand level has been respected twice before, and we anticipate that it will be honored once again. If the momentum sustains at this level, we expect a strong bullish wave aiming for the resistance levels mentioned above. 💎 Another point to consider is the diminishing intensity of the rejections at this demand level, indicating a potential weakening. Should this level break, we're prepared to capitalize on a bullish rebound from the lower bullish Order Block at $0.06420. The substantial liquidity at this level suggests that #COTI could experience a robust bullish rebound. However, a break below this OB level could lead to a significant downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
TLM/USDT Navigating a Promising Shift from Supply Zone?💎 Paradisers, observe closely as #TLMUSDT embarks on an intriguing trajectory, enhancing the chances of a significant move from the supply zone. 💎 Reflecting on our recent analysis, TLM has surged past the falling wedge, hinting at a potential uptrend continuation. Currently, as the price edges towards the supply zone at $0.01439, should it adhere to this level, we might anticipate a retreat to a critical support. 💎 Conversely, should the price advance beyond this juncture, we're setting our sights on a continued rise. As astute traders, we'll sidestep the pitfalls and remain alert to capitalize on the unfolding opportunities.
Long
by MyCryptoParadise
3
FLM/USDT Break out the falling wedge pattern, Bullish Momentum ?Yello Paradisers, take note! #Flamingo 💎 FLM has successfully broken out of its falling wedge pattern on the hourly chart, backed by substantial trading volume. 💎 Prior to this, FLM rebounded impressively upon hitting a demand zone in the same hourly timeframe. Additionally, the candlestick pattern displayed 'Three White Soldiers,' a bullish indicator. 💎 This creates a favorable short-term trading environment for FLM, supported by multiple bullish confirmations. You have the option to enter the trade now or wait for FLM to retest the support trendline of the previously broken falling wedge. 💎 This bullish outlook would be invalidated if FLM breaks below the key support level and closes there.
by MyCryptoParadise_Nathan