AVAX/USDT Ready for Bull Momentum? 🚀AVAX Analysis Today💎Paradisers, set your sights on AVAXUSDT! Its current trajectory is both intriguing and promising, as it stands strong at a pivotal support point, hinting at a potential upward swing.
💎In recent days, Avalanche has been charting its course within a descending triangle. Breaking past the triangle's support, it's now on an upward trajectory.
💎The first resistance hurdle is set at the $9.36 benchmark, followed by a sterner test at $10. Given its stance in the demand zone, we're optimistic about its chances to tackle these resistance points.
💎Yet, it's essential to stay alert: if AVAX dips below its current support, a bearish downturn towards the marked support could be on the horizon.
💎Sharpen your trading decisions for AVAX with ParadiseFamilyVIP. Delve into our expert analyses on AVAX and other potential tokens, refining your crypto game plan.
Cryptoanalysis
SOL/USDT Mid-term Potential movement Solana Today Analysis Hello Paradisers, spotlight on this token!
💎 SOL has recently broken a support bullish trend, with potential continuation downwards post-retest.
💎Currently, SOL is navigating its demand zone and must reclaim the support trend to aim for a bullish trajectory.
💎However, if SOL struggles to reclaim and pierces through the demand, it might descend toward the Bullish Order Block.
💎In this vicinity, keep an eye out for any robust rejections once SOL approaches the Bullish Order Block. Absence of bullish signals might see SOL venturing further down to a more formidable demand zone. Always remember to trade with prudent money management in place.
BTC: Resistance BreakoutBitcoin (BTC) technical analysis:
Trade setup : Trends are improving: 1) price broke through the down trendline (blue line in chart), 2) broke above $28K resistance where it got rejected 2x, and 3) broke above 200-day moving average, and most recently 4) broke above $30K resistance. It is getting overbought (RSI > 70) and we could see some profit taking near-term but after that, we price could revisit $32K.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $28K (previous resistance), then $25K. The nearest Resistance Zone is $30K, which it broke, then $32K.
AAVE/USDT has an Exciting Bull Run | What's Next for AAVE? 💎Yello Paradisers! shift your gaze to AAVEUSDT! It's currently positioned within a strategic trading zone, hinting at a potential adjustment due to the looming supply zone above.
💎In recent times, Aave has been charting its course within this trading channel. There is a high probability that it's going for a correction. Importantly, it has consistently maintained a key resistance level at $88.05, facing rejections on two distinct occasions.
💎Yet, there's an additional supply zone ahead with an untouched OB. Should AAVE sustain its current momentum, it could very well approach this supply zone and then go for a correction.
💎Sharpen your trading strategies for Aave with ParadiseFamilyVIP. Delve deeper into our expert perspectives on AAVE and other potential coins, enhancing your crypto journey.
COMP: Approaching ResistanceCompound (COMP) technical analysis:
Trade setup : We wait for price to break back above $47 resistance and 200-day moving average (~$45), which could signal resumption in Uptrend with near-term upside potential to $60 resistance.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $36, then $30. The nearest Resistance Zone is $47, then $60, and $70.
AAVE: Resistance BreakoutAAVE (AAVE) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern, price rallied 40% and has broken above 200-day moving average, which could signal bullish trend reversal to Uptrend. Upside potential to $80.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $50. The nearest Resistance Zone is $65, which it broke, then $80, and $95.
STX: Approaching ResistanceTrade setup : Following a bullish breakout from Descending Triangle pattern, price rallied 30% and reached our target of 200-Day moving average ($0.61). It is getting overbought (RSI > 70), so near-term, we could see some profit taking, which could be a swing entry opportunity. Stacks (STX) is a platform for scaling and building on top of Bitcoin.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.43, then $0.30. The nearest Resistance Zone is $1.05, then $1.30.
BLZ/USDT Ready for Explosive Bull Rally?🚀 Bluezelle Analysis 💎Yello Paradisers, set your sights on BLZUSDT! It's currently holding strong at a pivotal support, hinting at a potential upward swing.
💎From our observations, BLZ has been tracing a descending channel in 4HR. Presently, it's maneuvering within this channel, with the upper boundary acting as resistance. Based on our projections, there's a significant chance that BLZ will aim for the supply zone in the near future.
💎However, if Bluzelle can't maintain its position above the support and breaks through, anticipate a marked descent. In case of support breaches, we have highlighted the next potential support.
💎Refine your trading strategies for BLZ with ParadiseFamilyVIP. Dive into our expert analyses on BLZ and other potential tokens, streamlining your crypto journey.
LQTY/USDT on the Move, Get Ready! Liquity Analysis 💎Paradisers, stay alert! LQTY/USDT is gearing up to break free from a triangular channel and is currently navigating a demand zone. We're bullish about its chances for an upward surge.
💎Lately, the asset has been moving within a specific range. It previously hit a resistance at a bearish order block around the $0.925 level. Given its renewed upward momentum, it looks set to challenge this resistance once more.
💎Keep an eye on the overhead supply zone and the bearish order block confirmed on longer timeframes; these could be the next targets for LQTY.
💎If the Liquity falls below the demand zone and key support, be prepared for a potential downward move.
💎Keep your charts refreshed and stay tuned for more updates!
MATIC is Ready For an Explosive Bullish Move 🚀| MATIC Analysis💎 Paradisers, stay alert! MATIC/USDT is currently traversing a demand zone, and we are holding a positive outlook for a potential upward journey.
💎 In the past few days, its movement has been restricted to a specific range. It previously faced resistance at the bearish order block, close to the $0.52 level.
💎 Given its ongoing upward momentum, MATIC appears ready to challenge this level once more.
💎 Keep a close eye on the supply zone and the bearish order block discerned on longer time frames; these are probable targets in the short term for Polygon.
💎 However, if the MATIC falls below the demand zone and vital support, be ready for a potential downward shift.
💎 Stay vigilant and keep an ear out for more insights! 🌴
BCH/USDT Likely Ready For Bullish Rally?🚀BCH Analysis💎Paradisers, focus on BCHUSDT! Its current trajectory within the demand zone is nothing short of compelling. With evident buying momentum, it's poised for a potential bullish surge.
💎Historically, BitcoinCash has navigated within a descending channel. After its recent encounter with the channel's lower boundary, it's reigniting its bullish momentum. We're optimistic about its chances to rise towards the projected resistance.
💎Yet, caution remains essential. If BCH slips below the demand zone, it's highly probable it will retreat to the support for further assessment.
💎Enhance your trading decisions for BCH with ParadiseFamilyVIP. Delve into our expert analyses on BCH and other potential tokens, refining your crypto approach.
LTC: Sideways ChannelLitecoin (LTC) technical analysis:
Trade setup: Following a bearish breakout from a Channel Down pattern, price is consolidating in a Sideways Channel ($60-$70) although overall trend is down. Swing Traders: can trade the channel (Enter near $60 support and Exit near $70 resistance).
Pattern: Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance.
Trend: Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $60, then $50. The nearest Resistance Zone is $70, then $75.
BAND/USDT Ready for a Potential Correction? BAND Analysis💎Paradisers, set your sights on BNADUSDT! It's currently positioned within a strategic trading zone, hinting at a potential adjustment due to the looming supply zone.
💎In recent times, BandProtocol has been maneuvering through a defined trading channel. There is a high probability that it might be gearing up for a potential correction.
💎Importantly, it has consistently encountered significant resistance at 1.541, facing pushbacks from this level on multiple instances.
💎Yet, there's an additional supply zone marked by an untouched OB. If BAND maintains its bullish trajectory, it's plausible it might approach this supply zone.
💎Hone your trading decisions for BAND with ParadiseFamilyVIP. Delve deeper into our expert analyses on BAND and other potential tokens, refining your crypto approach.
ADAUSD: Thoughts and AnalysisToday's focus: ADAUSD
Pattern – Breakout/Support test (Bearish)
Support – .2375
Resistance – .2490 - .2640
Hi, and thanks for checking out today's update. Today, we are looking at the ADAUSD on the daily chart.
ADA is a market I watch regularly, and currently, we are seeing a few interesting things, pattern and support-wise, that we have broken down in today's video. The two keys, long-term support, seen at .2375 and an ending diagonal pattern that continues to remain in play.
I have discussed three main cases in today's analysis of ADA; two are bullish, and the third is a bearish continuation of the long-term trend. It will be interesting if we see a lower break over the next few days, as that will play into a case as long as it holds at the ending diagonal trendline.
What do you think? Do you agree with the patterns and levels we have discussed?
BONE/USDT Likely to Go on a Bull Rally | BONE Analysis💎Yello, Paradisers! gear up as we've identified a golden opportunity with BONEUSDT, primed for a potential bullish ascent after touching its robust support.
💎From our previous analyses, BONE has been charting its course within a descending channel. Notably, it's currently retesting the channel's support, which has previously acted as a foundation.
💎At this juncture, there is a high probability that BONEUSDT may initiate a bullish move from the steadfast support level at .6549. This sentiment is further reinforced by the untouched supply zones above, suggesting a likely ascent to these regions in the near term.
💎Conversely, if the price dips below the $0.6549 support, there's a slight chance it might persist within the descending channel.
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KLAY/USDT Ready For Promising Bull Run? KLAY Analysis Today🚀 💎Paradisers, prepare for a promising venture with KLAYUSDT! Our analysis indicates a fresh breakout from its descending channel, signaling a potential bullish turn.
💎In recent sessions, Klaytn has been navigating this constricting descending channel, anchored by significant support at $0.1140.
💎The present trajectory hints at a potential revisit to this support threshold before setting its sights upwards. A successful navigation beyond this pattern would bolster the bullish stance.
💎On the other hand, if the support doesn't hold its ground, brace for a marked bearish trend. In this event, consider positioning for a short after a retest.
💎Sharpen your entry and exit strategies for KLAY with ParadiseFamilyVIP. Dive into seasoned insights on KLAY and other promising tokens to elevate your trading approach.
SHIB: Support BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Following a bullish breakout from Ascending Triangle, price reached $0.0000115, which was target for the breakout. Subsequently, price pulled back and broke below $0.000008 support, which is where the prior bullish breakout occurred. This opens up downside risk back to $0.0000055.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $0.0000070, which it broke, then $0.0000055. The nearest Resistance Zone is $0.0000080 (previous support), then $0.0000100, and $0.00001200.
SXP/USDT Poised for Bullish Journey | SXP Analysis Today💎Paradisers, focus on SXPUSDT! We've noticed its unwavering stance, firmly anchored at a key support level, and primed for a potential upward swing.
💎In the past, SXP has been operating under a distinct descending trendline, which has repeatedly acted as a significant barrier. Yet, a recent momentum shift saw it breaking away from this confining trendline.
💎As it currently retests its support, we're optimistic about its prospects to challenge the 0.3669 resistance once again. If it breaches this mark, the gateway to an elevated resistance zone opens up.
💎Conversely, if SXP undercuts the support, a continued bearish trajectory might be on the horizon.
💎Enhance your trading decisions for Solar with ParadiseFamilyVIP. Dive into our expert perspectives on SXP and other potential tokens, elevating your crypto strategy.
BCH: Approaching SupportBitcoin Cash (BCH) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern and above $200 resistance, with big volumes, price reached our target of $250 resistance for a 25% gain. Now we wait for price to either 1) break and close above that $250 level to signal resumption of uptrend with upside to $330, or 2) pullback to $200 support for another swing entry in uptrend.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $200 (previous resistance), then $140 – $150. The nearest Resistance Zone is $250, then $330.
TWT: Approaching ResistanceTrade setup : Resistance at $1.00 remains a roadblock for TWT. It got rejected there 3x (bearish Head and Shoulders pattern) in August and it appears to have gotten rejected at $1.00 again now. Nevertheless, trends are improving after price rallied from $0.70 support on big volumes. We wait for price to definitively break and close above 200-day moving average and $1.00 resistance area to resume an Uptrend.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $0.82 (previous resistance), then $0.70. The nearest Resistance Zone is $1.00, then $1.25.
DOGE: Descending Triangle BreakoutDogeCoin (DOGE) technical analysis:
Trade setup : Bearish breakout from Descending Triangle pattern, in the direction of existing downtrend opens up downside risk to $0.053 next.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.060, which it broke, then $0.053. The nearest Resistance Zone is $0.070 then $0.100.
MKR: Pullback in UptrendMaker (MKR) technical analysis:
Trade setup : A rare asset that has remained in an Uptrend throughout the recent market downturn, which indicates consistent demand from buyers. Price broke above $1,350 resistance, where it got rejected in August, which signals continuation of Uptrend. Now it’s pulled back to that $1,350 level, which could be an attractive swing entry in Uptrend. Maker is a well established DeFi platform with real users and revenues , which forms a solid foundation for investors looking to trade it.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1,350 (previous resistance), then $1,000 – $1,100. The nearest Resistance Zone is $1,600.
DOGE: Descending Triangle BreakoutDogeCoin (DOGE) technical analysis:
Trade setup : Bearish breakout from Descending Triangle pattern, in the direction of existing downtrend opens up downside risk to $0.053 next.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.060, which it broke, then $0.053. The nearest Resistance Zone is $0.070 then $0.100.