Yello Paradisers, are you prepared for what could be the breakout that surprises the entire market? While most traders are distracted, #ALGOUSDT is quietly compressing inside a clean descending wedge structure, and the pressure is reaching a critical point.
💎After weeks of bleeding, #ALGO has established a solid base within the major demand zone between $0.185 and $0.20. This area has held strong multiple times, showing clear signs of aggressive buying each time price touches down. It’s no coincidence this zone is being defended, and smart money knows it.
💎Price is now consolidating just below the descending resistance line, and every touch to the downside has become weaker, signaling a potential shift in market control. If momentum builds from here, a confirmed breakout above the $0.23 level could open the path toward higher targets. The $0.26 region will likely act as the first minor resistance, followed by stronger supply zones around $0.288 and $0.3289, where historical selling has previously stepped in.
💎However, as always, we must stay grounded in probabilities. Invalidation sits clearly below $0.1615. A break beneath that level would invalidate the bullish structure and shift the momentum back into the hands of the bears.
💎Until then, this remains a high-probability accumulation pattern. But remember, the market often fakes in one direction before delivering the real move. That means a final shakeout can’t be ruled out before the breakout. This is where emotional traders get liquidated and where the disciplined ones wait with confidence.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
💎After weeks of bleeding, #ALGO has established a solid base within the major demand zone between $0.185 and $0.20. This area has held strong multiple times, showing clear signs of aggressive buying each time price touches down. It’s no coincidence this zone is being defended, and smart money knows it.
💎Price is now consolidating just below the descending resistance line, and every touch to the downside has become weaker, signaling a potential shift in market control. If momentum builds from here, a confirmed breakout above the $0.23 level could open the path toward higher targets. The $0.26 region will likely act as the first minor resistance, followed by stronger supply zones around $0.288 and $0.3289, where historical selling has previously stepped in.
💎However, as always, we must stay grounded in probabilities. Invalidation sits clearly below $0.1615. A break beneath that level would invalidate the bullish structure and shift the momentum back into the hands of the bears.
💎Until then, this remains a high-probability accumulation pattern. But remember, the market often fakes in one direction before delivering the real move. That means a final shakeout can’t be ruled out before the breakout. This is where emotional traders get liquidated and where the disciplined ones wait with confidence.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.