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#AUCTION/USDT#AUCTION The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 11.80. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 Moving Average. Entry price: 12.50 First target: 13.02 Second target: 13.93 Third target: 14.96
Long
by CryptoAnalystSignal
AUCTION Is Breaking Down—More Pain Ahead?Yello, Paradisers! #AUCTION has been under heavy selling pressure, just like the broader crypto market. The price action remains weak, and the recent break below its ascending trendline support confirms that buyers are losing control. This breakdown is a crucial signal that the bullish structure has been invalidated, and unless something changes, the probability of further downside remains high. 💎#AUCTIONUSDT is trading just below this broken trendline, which has now flipped into a resistance zone, making it difficult for buyers to reclaim lost ground.Adding to the bearish momentum, the previous support level has now turned into a strong resistance, creating another obstacle for any potential recovery. The more a level gets tested as resistance after a breakdown, the stronger it becomes. 💎On top of that, there is an additional trendline resistance, meaning that even if AUCTION attempts a push upward, it will face multiple rejection points before any significant breakout can occur. This kind of price action suggests that sellers are still in control, and buying pressure is not strong enough to force a reversal. 💎Further reinforcing this bearish outlook is the 1D 12EMA, which is now acting as a dynamic resistance. Moving averages like this often act as barriers in downtrends, preventing price recoveries and leading to further declines. Additionally, the Multi-Timeframe VWAP (Quarterly) is also aligning with these resistance areas, making it even more challenging for AUCTION to break above these levels. When multiple technical indicators confirm the same resistance zones, it significantly increases the probability of the market rejecting any bullish attempts and continuing lower. 💎Another critical factor supporting the bearish thesis is the Fibonacci retracement level, which is also acting as resistance. This means that even from a retracement perspective, the price is struggling to move higher and remains capped under key technical levels. With all these resistances stacked against AUCTION, it is no surprise that the probability of a further downward move is increasing. 💎If the selling pressure persists, the next major downside target lies between $10.20 - $9.60, a key support area that could provide temporary relief. However, if bearish momentum continues, we must be prepared for a deeper correction, with the next significant support zone sitting between $8.85 - $8.30. These levels are crucial to monitor because they represent areas where buyers might step in to slow down the decline. 💎That said, there is one key level that could invalidate this bearish outlook—a 4H candle closing above $14.48. If AUCTION manages to break and hold above this level, it would indicate that buyers are regaining strength, and we could start reconsidering a shift in market structure. Until then, the trend remains bearish, and the higher probability play is to the downside. The market is ruthless right now, and only traders who stick to disciplined strategies will come out on top. If you want to be among the winners, don’t let emotions dictate your trades—wait for the highest probability setups and execute with precision. Stay patient, stay smart, and make sure you’re on the right side of the trade, Paradisers! MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
2
JAUCTIONUSDT Falling Wedge Pattern – 200%-220% Gains JAUCTIONUSDT is currently forming a Falling Wedge pattern, which suggests a potential breakout to the upside in the near future. A Falling Wedge pattern is typically considered a bullish reversal pattern, often occurring after a downtrend, where the price gradually narrows between two converging trendlines. This pattern indicates that the sellers' momentum is weakening, and buyers are starting to take control. Once the price breaks above the upper trendline, it could trigger a sharp upward move. With strong volume supporting this pattern, JAUCTIONUSDT could experience significant gains in the range of 200% to 220%+. The good volume accompanying this Falling Wedge pattern is an important factor in confirming the validity of a potential breakout. Volume is crucial in ensuring that the price movement is supported by strong market participation. A breakout from a Falling Wedge typically attracts momentum traders, which can lead to a powerful rally. The growing investor interest in JAUCTIONUSDT further supports the likelihood of an upward price movement, and many traders are positioning themselves for the anticipated breakout. As the price of JAUCTIONUSDT consolidates within the Falling Wedge, the chances of a breakout increase as the market reaches an inflection point. If the price breaks above the upper trendline with significant volume, the projected gains of 200% to 220%+ could be realized. The narrowing range within the pattern suggests that the market is ready for a decisive move, and if the breakout is sustained, the price could rise rapidly toward new highs. This makes JAUCTIONUSDT an exciting opportunity for those looking for high-reward setups. Traders should keep a close eye on JAUCTIONUSDT as it nears the breakout point. A successful breakout from the Falling Wedge pattern could initiate a powerful price surge, offering substantial returns. With the current pattern, good volume, and increasing investor interest, JAUCTIONUSDT has the potential to deliver impressive gains in the near future. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is Your opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
#AUCTION/USDT#AUCTION We have a strong bullish soft trend that the price has been following for two months Now the rising trend has been touched and it is expected to rebound upward We have a strong rising trend on RSI as well We have a higher stability than the Moving Average 100 and we have an upward discount The pattern is canceled if the day is closed with a strong bearish candle Entry price 29.86 The first goal is 32.00 The second goal is 35.06 Third goal 38.54
Long
by CryptoAnalystSignal
3
Bounce Token (AUCTION) forming a Gartley for upto 34.50% rallyHi dear friends, hope you are well and welcome to the new update on Bounce Token (AUCTION) with Bitcoin pair. Our last successful trade setup was the below one, and this was almost 300% pump: Now on a daily time frame, AUCTION is about to complete a bullish Gartley move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
Bounce Token (AUCTION) formed bullish Gartley for the next pumpHi dear friends, hope you are well and welcome to the new update on Bounce Token (AUCTION) with US Dollar pair. Our last successful trade of AUCTION was the below one, and that was almost 300% pump. Now on a 4-hr time frame, NMR has almost completed a bullish Butterfly move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
AUCTION/USDT- Hit All Targets with 321% Massive profitsDear Traders, We are excited to share some remarkable news regarding Binance Spot's latest auction results. The recent trading activities have delivered substantial gains, hitting all targets with an impressive 321% profit margin. While we understand the significance of such achievements, we aim to provide you with an unbiased and informative update. At Binance Spot, we strive to offer a transparent and secure trading environment, empowering traders to make well-informed decisions based on factual data. Our team of experts continuously monitors the market to identify potential opportunities, and the recent auction is a testament to their dedication. Please note that while past performance can indicate the capabilities of our trading platform, it does not guarantee future results. Markets can be highly volatile and unpredictable, and traders must exercise caution and conduct their due diligence. As always, we encourage responsible trading practices, setting realistic financial goals, and diversifying your investments. Remember to stay updated with market trends, utilize risk management tools, and seek professional advice when needed. We remain committed to supporting your trading journey and providing a platform that prioritizes your security and success. If you have any questions or require assistance, our customer support team is available 24/7. Happy trading!
Long
by SafeCryptoSignals
2
AUCTION formed a bullish Gartley for upto 130% pumpHi dear friends, hope you are well and welcome to the new trade setup of Bounce Finance Governance Token (AUCTION) with US Dollar pair. Previously we had a nice trade of Auction: Now on a daily time frame, Auction has formed a bullish Gartley pattern. There is also a hidden bullish divergence as priceline is forming a higher low but RSI is setting a lower low. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333