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SOL: Pullback in UptrendSolana (SOL) technical analysis: Trade setup : After price broke back above $20 resistance and 200-day moving average. Then, price spiked up 50% into a stiff resistance zone ($25-30) and got very overbought (RSI > 80). Pullbacks near $20-$22 support zone (also 200-day Moving Average) could be attractive swing entries in Uptrend. Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $20 (previous resistance), then $15. The nearest Resistance Zone is $25 – $30, then $38.
Long
by altFINS
SUI/USDT Bullish Divergence on Daily Chart , Bullish Momentum ?? Hello Paradisers, spotlight on this token! 💎SUI is showcasing intriguing price actions, having recently swept a liquidity zone, hinting at a potential surge towards the nearby supply at the 0.57 mark. For a confirmed bullish trajectory, SUI needs to firmly establish itself above this level. 💎Adding to the bullish narrative is the Bullish Divergence observed on the Daily RSI. Such divergences in larger timeframes often indicate substantial accumulation, suggesting a potential robust upward push. The next target could be the resistance trendline where another supply zone awaits. 💎However, this bullish outlook might be negated if SUI breaches the previous low.
by MyCryptoParadise_Nathan
IMX/USDT is Showing Bullish Momentum | Immutable Analysis💎 IMX/USDT is currently navigating a descending channel, with a potential breakout on the horizon. 💎 If this breakout happens, it's poised to catalyze a projected impulsive surge. 💎 Notably, there's a confirmed order block in the shorter timeframe. Due to existing liquidity, the price is anticipated to gravitate toward these levels. 💎 In a previous phase, demand transitioned to supply, leading to a marked price decline and aiming for the prior OB. 💎 In the ever-fluctuating crypto landscape, being updated and flexible is essential. Keep a lookout for further insights and savor your trading voyage.
Long
by MyCryptoParadise_Nathan
XLM: Pullback in UptrendStellar (XLM) technical analysis: Trade setup : Following a breakout from a Falling Wedge pattern, price spiked up to $0.19 where it got very overbought (RSI > 75) and traders took profits (selling pressure). Now it’s pulled back to support of $0.12 and is oversold (RSI ~ 30), which could be a swing entry level. Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $0.130, which it broke, then $0.120, and $0.100. The nearest Resistance Zone is $0.190.
Long
by altFINS
OXT Might be Preparing For a Possible Correction| 💎 OXT/USDT seems poised for a potential pullback, with indicators pointing towards diminishing strength and a likely descent. 💎 The first engagement with the OB will be pivotal. Should a rejection manifest, it could indicate a liquidity drain, suggesting a shift to tackle the Bullish Order Block and a possible bearish progression. 💎 Conversely, the price might find resilience at the prior order block, steering its trajectory northward. 💎 In the ever-evolving crypto realm, knowledge and adaptability remain paramount. Keep an ear to the ground for further insights and relish your trading voyage.
Short
by MyCryptoParadise_Nathan
1
BCH/USDT Potential Rejection And Continue Upward Movement Hello Paradisers, turn your attention to this token! 💎 BCH, also following BTC's sharp decline to $24k, has breached its demand zone. 💎Currently, BCH might rise to form a new leg before either continuing its descent or heading straight to the Bullish Order Block or untouched demand zone. 💎Typically, a fresh demand zone witnesses a strong bounce-back, given that it remains untapped. Such areas often house a significant number of buyers and accumulation activities.
by MyCryptoParadise_Nathan
LINK/USDT Potential Bounce Back and Upward Movement 💎 Hello Paradisers, spotlight on this token! 💎LINK Dump Hard following BTC's descent to $24k. There's potential for a price rebound, forming a new leg, before it continues its downward trajectory towards the Bullish Order Block. 💎This Bullish OB, representing a robust demand zone, is an optimal point to consider acquiring Chainlink. 💎There's a high probability of a significant price bounce in this area, setting LINK on an upward path targeting the major supply zone. Given LINK's strong fundamentals in the crypto space, it's a worthy hold for the long haul.
by MyCryptoParadise_Nathan
BCH - What is next for Bitcoin Cash?Hi Everyone, BCH is now coming back down to close the imbalance that had been left once it broke swing highs last year. There is an order block sitting around 140, which should be the area to watch out for your buy limit orders. I expect price to continue falling to that area and I will start opening buy positions once we see confirmations that the Order Block will hold. Stop loss should be placed below the daily swing low, as the market could still drop further to the lower order block around 120.
Short
by Gaspar_Trader
ATOM is About to Start an Explosive Uptrend | ATOM/USDT Analysis💎ATOM/USDT is painting an optimistic landscape in the 1D Timeframe. A standout observation is its strategic positioning within a pivotal demand zone. 💎 There's a distinct OB and market imbalance around the $11 price point. Given the current dynamics, there's a strong inclination that ATOM might re-engage with this level soon. 💎 In the recent past, we've witnessed a transformation where demand has transitioned into supply, with ATOM carving out Equal Lows. 💎 While the overarching sentiment and indicators lean towards a positive trajectory for ATOM, the broader market's volatility remains a wildcard. It's essential to factor in this unpredictability as it could sway the outcome. 💎 Stay vigilant, and always look for real-time market shifts. The world of crypto is ever-evolving, and staying informed is the key to navigating it successfully.
Long
by MyCryptoParadise_Nathan
3
What's Next For BNB/USDT? Binance Coin Analysis 💎Attention, Paradisers! BNB is currently on a downward trajectory, eyeing a revisit to its pivotal support zone around $220, a level it has approached twice before. 💎Recently, BNB experienced a sharp price drop, establishing a bearish OB and creating an imbalance on its chart. 💎We're hopeful that after touching the $220 support, BNB will pivot and address the earlier imbalance. 💎Yet, it's essential to note that the broader market's volatility can influence BNB's price direction. 💎Stay connected for the latest insights and market updates with us.
Long
by MyCryptoParadise_Nathan
2
COMP: Oversold at SupportCompound (COMP) technical analysis: Trade setup : After 3x-4x gains from June’s lows of $20-30 to highs of $85, traders have been taking profits (selling pressures). However, price is now oversold (RSI < 30) and near $47 support level (also 200-Day Moving Average), which could be a swing entry in Uptrend. Fibonacci levels are $62 (38%) and $47 (62%). Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $47, then $36. The nearest Resistance Zone is $60 (previous support), then $70, and $86.
Long
by altFINS
LTC/USDT Big Movement Incoming ?? Litecoin Today Analysis💎Hello Paradisers, here's a token to keep on your radar! 💎LTC might be gearing up for a retest around the $81 mark before potentially diving further and breaking its demand zone. This area isn't just a demand spot for LTC but also a bullish channel's support. 💎However, the key is to observe the daily candle close. If LTC concludes its daily trade beneath the bullish channel's support, it might swiftly descend, shattering the demand and heading toward the Bullish OB. 💎It's essential to note Bitcoin's influence on altcoins. Currently, BTC seems poised to dip towards the FWB:27K -$28k bracket, coupled with a rise in BTC dominance. 💎This isn't a great moment for altcoins. When BTC drops and its dominance surges, altcoins typically face a downturn. 💎My advice? Exercise patience and await clear signals. However, if LTC manages to hold its ground within the demand and bullish channel support, consider a buy-only post-LTC's breach of the Lower high at $85.5 and a subsequent close above it.
by MyCryptoParadise_Nathan
FIL: Ascending Triangle BreakoutFilecoin (FIL) technical analysis: Trade setup : Bearish breakout from Ascending Triangle, in the direction of existing downtrend, signals further downside risk. Price has now also broke below $4.00 support and the next major support is around $3.00 where it bottomed in June. 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 $4.00, which it broke, then $2.75. The nearest Resistance Zone is $5.00, then $6.50.
Long
by altFINS
What's Next Possible Move of MATIC/USDT? Polygon Analysis💎Attention, Paradisers! Turn your focus to MATIC, as it's gearing up for potential movements, offering a few captivating possibilities. 💎MATIC faced resistance at the OB a few days ago, sparking an upward trend. Yet, with a hint of slowing momentum, it's projected to re-engage with the OB. Should it falter at this juncture, anticipate a bullish continuation from a key support point. 💎Delving into its trajectory, we've noticed a shift from demand to supply, resulting in a pronounced dip. 💎After capturing liquidity from below, MATIC seems primed to climb, targeting the overhead imbalance. 💎Keep a close watch for further insights and relish your trading adventure.
MLong
by MyCryptoParadise_Nathan
AVAX/USDT Best time to buy AVAX for a Long-term ?? Hello Paradisers, here's a gem to monitor closely! 💎 AVAX is consistently revisiting a strong demand zone, marking its fifth attempt. 💎Typically, with repeated tests, demand areas tend to weaken. 💎This suggests AVAX might pierce through this strong demand zone, aiming for fresh daily demand. Once there, expect a significant bounce-back, potentially indicating a liquidity sweep. 💎Additionally, on August 26th, AVAX is set to unlock a whopping 9.54 million tokens. This could exert downward pressure on the price. Stay alert
by MyCryptoParadise_Nathan
DOT is on the Verge of its Next Bull Rally | Polkadot Analysis💎Dot is currently positioned near a pivotal support area, having engaged with it on two occasions, signaling potential future movements. 💎At the moment, Dot finds itself within a zone of high demand. If it remains above this region, we might be on the cusp of a bullish ascent. 💎However, should it waver, a bullish trend may only emerge after revisiting the lower order block. 💎On closer inspection, we observed a phase where demand morphed into supply, resulting in a discernible price decline. 💎Looking forward, a distinct supply zone paired with a bearish order block is evident. There's a strong likelihood that Dot will undertake a bullish route to rectify this disparity. 💎In the ever-evolving crypto landscape, staying updated and versatile is paramount. Keep an eye out for further insights and savor your trading adventure.
Long
by MyCryptoParadise_Nathan
SAND is Preparing For a Bullish Movement | SAND/USDT Analysis💎 SAND is currently charting its course within a defined triangle pattern, characterized by clear support and resistance demarcations. Here's a breakdown: 💎 Defined Boundaries: The triangle showcases consistent interactions at its support and resistance boundaries, emphasizing their role in shaping SAND's trajectory. 💎 Anticipated Breakout: As SAND approaches the triangle's resistance, market participants are watching keenly for potential price shifts. 💎 Breakout Potential: Should SAND pierce and sustain above the resistance, it could trigger a significant bullish wave. 💎 Bullish Catalyst: A successful triangle breakout could stimulate increased buying activity, driving SAND's price upwards. 💎 Technical Backing: This bullish narrative is complemented by other technical indicators, adding weight to the optimistic view. 💎Always ensure you undertake thorough research and due diligence before committing to any investment moves.
Long
by MyCryptoParadise_Nathan
HBAR: Rising Wedge BreakoutHedera Hashgraph (HBAR) technical analysis: Trade setup : Breakout from a Rising Wedge pattern and in an Uptrend. Notably higher volumes on up days recently, which is also positive. Upside to $0.08 resistance or even $0.10. Trend : Uptrend on Short- and Medium-Term basis and Neutral 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 $0.050 (previous resistance), then $0.035. The nearest Resistance Zone is $0.060, which it broke, then $0.080 and $0.100.
Long
by altFINS
What's Next For Flagship Currency? BTC/USDT Analysis💎 The premier cryptocurrency, BTC, is currently nestled in a narrow range just beneath the $30k mark, with volatility seemingly taking a backseat. 💎 A glance at the 1D timeframe reveals a Bullish OB, coupled with a potential FVG situated just below the current price, spanning between $26k-$28k. 💎 Once BTC breaks free from this confinement, a dip to the FVG range is plausible, followed by a spirited ascent toward the $35k mark. 💎The optimal entry for this trade would likely be amidst this correction, and we're hopeful about BTC touching these projected levels in the near future. 💎However, on the flip side, if somehow the BTC can't hold the correction to the FVG range, we might be looking at $25-22k levels. 💎 Stay vigilant and keep abreast of the ever-evolving crypto landscape.
Long
by MyCryptoParadise_Nathan
RNDR/USDT is Building Momentum for Next Rally 💎 On the 1D timeframe, RNDR is sketching an optimistic scenario, suggesting a potential bullish surge. 💎 The MACD is tilting towards a bullish divergence, signaling a possible upward shift following the consolidation breakout. 💎 A retrospective glance reveals the price took a downturn after establishing equal highs. Moreover, the shift from demand to supply further intensified the bearish pace. 💎 There's a clear untouched supply and bearish territory. It seems likely that RNDR will target this area for equilibrium in the near future. However, if the price slips past the support zone, brace for a potential drop. 💎 In the dynamic realm of crypto, staying informed is essential. Keep an eye out for further insights and relish your trading adventure.
RLong
by MyCryptoParadise_Nathan
5
VET is Ready for its Next Bullish Rally | VET/USDT Analysis 💎 VET/USDT is currently navigating a robust demand zone, hinting at a potential upward shift. 💎 Not long ago, it skillfully tapped into liquidity, tackled the descending OB, and set its course upward. 💎 As of now price is consolidating but we're on the lookout for a bullish surge past the trend line. 💎 With a clear supply zone and liquidity just above, there's a strong chance the price will engage with this level in the near future. 💎 In the ever-evolving crypto landscape, staying updated is crucial. Keep an eye out for further insights and savor your trading adventure.
Long
by MyCryptoParadise_Nathan
2
HBAR: Rising WedgeHedera Hashgraph (HBAR) technical analysis: Trade setup : Trading in a Rising Wedge pattern and in an Uptrend. Notably higher volumes on up days recently, which is also positive. Trend Traders: wait for a breakout. Swing Traders: can trade between the wedge trendlines. Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout. Trend : Uptrend on Short- and Medium-Term basis and Neutral 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 $0.050 (previous resistance), then $0.035. The nearest Resistance Zone is $0.060, which it broke, then $0.080.
Long
by altFINS
1
KSM/USDT Preparing For a Big pumping ?? Kusama Analysis Today💎 Hello Paradisers, here's a coin to keep an eye on! 💎KSM has successfully broken out of its descending channel and is currently aiming to pierce through the supply zone. 💎If it faces resistance and can't push through, there's a high chance it might descend to the Bullish Order Block. Historically, touch on this OB often results in a significant upward surge. 💎For the entry, consider either jumping in after a decisive breach of the supply or patiently awaiting a touch within the Bullish OB range of 22.90 - 22.10, especially if the supply proves too formidable. 💎Stay sharp, ParadiseSquad! 🌴 Re-evaluate your strategy if KSM ends the day below the 20.90 threshold.
by MyCryptoParadise_Nathan