Bouncetoken
Technical Analysis for AUCTIONUSDT.P (3D Chart) Bounce Token**Chart Overview**:
The chart showcases a breakout above the **Smoothed Trendline (Smoothed TL)** after previously rejecting the **Original TL**. The gradual improvement in price action confirms a shift in market dynamics.
**Key Observations**:
1. **Trendlines**:
- The **Original TL** acted as strong resistance during the previous downward trend.
- The **Smoothed TL**, derived from adjusting for consistent lower highs, has now been broken, signaling bullish intent.
2. **Moving Averages**:
- **20 MA**: The price is holding above the 20-day MA, confirming short-term momentum.
- **50 MA**: Successfully reclaimed, adding another layer of support.
- These confluences strengthen the trend-following signals.
3. **Indicators**:
- **OBV**: Trending upward, indicating consistent accumulation.
- **RSI**: At **68.22**, approaching overbought territory but still allowing room for upside.
- **CMF**: Positive at **0.17**, signaling healthy capital inflow and supporting the breakout narrative.
4. **Volume**:
- The volume has picked up as the price broke above the Smoothed TL, validating the move and indicating increasing buyer interest.
**Conclusion**:
The breakout above the **Smoothed TL** aligns with the system's bullish signal. The reclaim of both the 20 MA and 50 MA further supports a sustained uptrend. While no specific resistance targets are emphasized due to the trend-following nature of the system, the setup is favorable for continued upside.
Stick to the system—ride the trend, and let the market guide your exits. 🚀
AUCTIONUSDT: Will This Breakout Lead to a Major Rally or a Fall?Yello, Paradisers! Are you ready for what's coming next with #AUCTION? We've been keeping a sharp eye on #AUCTIONUSDT, and things are heating up:
💎The recent breakout of #AUCTION above the descending resistance, now turned support at $20.91, is setting the stage for a potentially explosive move.
💎The symmetrical triangle pattern has finally given us the breakout we’ve been waiting for, and the next big target to watch is the key resistance level at $31.21. If #BounceToken can maintain its momentum here, we might be on the brink of a powerful bullish rally, echoing previous surges.
💎But there's a crucial twist—if the momentum fizzles out at $31.21, we could see a pullback. In that case, keep your eyes on the lower demand zone around $11.90 for a possible bullish rebound. This is a critical juncture, Paradisers, and staying alert is non-negotiable.
💎Be extra vigilant around the demand area at $8.80. A daily close below this level could shatter the bullish outlook and pave the way for deeper declines.
Stay focused, patient, and disciplined, Paradisers!!
MyCryptoParadise
iFeel the success🌴
Bounce Token (AUCTION)After AUCTION broke the downtrend line, went up 1000% and now correction is unfolding in a triangle pattern. It seems, AUCTION is aiming for the ATH area that definitely will act as a major resistance. AUCTION would be free If break this area successfully, as there are no resistances. Let's see what happens.
AUCTION/USDT Eyeing for Next Supply Zone? 👀🚀 AUCTION Analysis💎Paradisers, let's direct our attention to #AUCTIONUSDT, as it's signaling a potential for a significant move from a key demand level.
💎#BounceToken is charting an upward path, indicating a likely bullish breakout from its current demand zone. We're anticipating a retest of the demand level at $17.30, with a significant supply zone on the horizon. If #AUCTION maintains its ground above this mark, it might initiate a surge toward the major supply zone at $41.7.
💎If #AUCTION encounters difficulties in holding its position above the support level, a reassessment of our trading approach may be necessary. In that event, we would consider initiating a bullish movement from a lower bullish Order Block (OB).
💎Monitoring this level is paramount, as falling below it could usher in a notable bearish trend.
💎Stay sharp and ready to pivot, Paradisers. Your ParadiseTeam is committed to offering the freshest insights and strategic advice, ensuring you are equipped to adeptly navigate these market developments.
AUCTION BREAK 3.0 AND VOLUME INCREASEThank you for taking the time to review our update. It's essential to emphasize that the following information is not intended as trading advice.
AUCTION (Bounce token)is currently demonstrating significant changes in trading volume.
There is good chance we will see with time ACTION BREAK TO THE TARGET.
The supply and the wallet data makes it able that this coin can have high volume in combination with the last TA.
Low time frame data with new start
We follow this coin since $10 since first volume scan.
Please approach this information with caution and conduct your own research and risk assessment before making any trading decisions.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
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.