Yello, Paradisers! Is #OMUSDT on the verge of a massive bullish reversal?
💎#OM is showing a high probability of bullish continuation from a strong support zone. We've seen #OM consistently respect the descending resistance, recently breaking upward and completing a retest phase. Currently, it’s approaching support at $0.7422, raising the probability of holding momentum at this key level and planning a bullish reversal.
💎If #OMUSD can successfully sustain momentum, there is a high probability it will break above the resistance at $0.9011 and make a robust bullish move, targeting levels above this resistance zone. The price has already tapped this support level and made a significant upward move. We're expecting a repetition of the same reaction at this support level.
💎However, as sagacious traders, we must consider all probabilities. What if the price fails to take an upward ride from the support at $0.7422 and loses momentum? In such a scenario, we are looking for a bullish rebound from the lower support at $0.6953. Breaking this support would clearly indicate that seller sentiment is in control, and #OM could drop significantly
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
💎#OM is showing a high probability of bullish continuation from a strong support zone. We've seen #OM consistently respect the descending resistance, recently breaking upward and completing a retest phase. Currently, it’s approaching support at $0.7422, raising the probability of holding momentum at this key level and planning a bullish reversal.
💎If #OMUSD can successfully sustain momentum, there is a high probability it will break above the resistance at $0.9011 and make a robust bullish move, targeting levels above this resistance zone. The price has already tapped this support level and made a significant upward move. We're expecting a repetition of the same reaction at this support level.
💎However, as sagacious traders, we must consider all probabilities. What if the price fails to take an upward ride from the support at $0.7422 and loses momentum? In such a scenario, we are looking for a bullish rebound from the lower support at $0.6953. Breaking this support would clearly indicate that seller sentiment is in control, and #OM could drop significantly
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.