OP: Keep watch for potential longterm bullish signs. ð
ð Paradisers, #OP is going to approach the BB zone, or in simpler terms, a previously broken resistance zone that could now act as support.
ðIf #OPUSDT exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from this area, we can anticipate a bounce from this level.
ðShould this level break down, our next area to watch for a potential bounce is the demand level, though we'll need confirmation before proceeding with any trades.
ðHowever, if the price breaks down through both these levels without confirmation, a bearish move might be expected. Nevertheless, I am not focusing on bearish strategies at the moment and would advise caution with short positions for now.
ðIf #OPUSDT exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from this area, we can anticipate a bounce from this level.
ðShould this level break down, our next area to watch for a potential bounce is the demand level, though we'll need confirmation before proceeding with any trades.
ðHowever, if the price breaks down through both these levels without confirmation, a bearish move might be expected. Nevertheless, I am not focusing on bearish strategies at the moment and would advise caution with short positions for now.
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