Yello Paradisers! Could WOOUSDT be gearing up for a big move? Let’s dive in.
💎WOOUSDT has broken out of a falling wedge and formed a cup & handle pattern, significantly increasing the chances of a bullish move. But the real confirmation is still ahead.
💎If WOOUSDT breaks above the resistance zone and closes a candle above it, this will confirm the pattern, and we can then expect a strong bullish move.
💎In the case of a pullback, we could see a bounce from the support zone. For a more reliable signal, we need to see an I-CHoCH (Internal Change of Character) towards a bullish market structure, which will further increase the probability in our favor.
💎However, if the price drops below the support zone and closes a candle beneath it, this will invalidate our setup, and we’ll need to reconsider our strategy.
🎖That’s why, Paradisers, discipline and patience are key. Make sure you’re not caught off guard, and always wait for the highest probability setups. This is how you stay in the game long-term and join the winner's circle!
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