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OP: Channel UpTrade setup : Trading in a Channel Up pattern. Trends are improving. We wait for a breakout, ideally with confirmation when price breaks above $1.80 resistance and 200-day Moving Average (~$1.97). Benefiting from the launch of Worldcoin (WLD), which is based on Optimism protocol. Pattern : Price is trading in a Channel Up pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend on Medium-Term basis and Downtrend on Short- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.20. The nearest Resistance Zone is $1.80, then $2.80
Long
by altFINS
1
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Bullish breakout from Ascending Triangle was followed by a break above $0.000010 resistance and 200-day Moving Average, which confirmed a bullish trend reversal to Uptrend. Price could revisit $0.000012 next. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. 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 $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, which it broke, then $0.00001200.
Long
by altFINS
AVAX is Preparing For a Long Bullish Rally 💎 AVAX is charting an optimistic path, securely nestled within a demand zone, and gearing up for an upward surge. 💎 Not long ago, it skillfully interacted with the Order Block, captured liquidity, established equal lows, and ignited a bullish momentum. 💎 At this crossroads, AVAX might either revisit the DZ level or aim higher, starting from the previous OB point. 💎 If AVAX fail to capitalize on its bullish energy from the last engaged OB level, brace for a potential drop of around -12.34%. 💎 In the ever-evolving realm of crypto, being updated and flexible is paramount. Keep a lookout for further insights and relish your trading voyage.
Long
by MyCryptoParadise_Nathan
DUSK/USDT Potential Pump Incoming ?? Dusk Network Today Analysis💎 Hello Paradisers, spotlight on a coin showing promise! 💎 DUSK has Break its falling wedge pattern and is currently retesting its resistance trendline. 💎 Fresh out of its breakout, DUSK has transitioned its supply zone into a potential demand, hinting at a bullish trajectory toward our target profit. 💎If you're considering an entry, you might either dive in now or hold out for a touch within the demand range of 0.124 - 0.122. 💎However, if DUSK merely performs a liquidity sweep and it's a fakeout, it might retreat to the Bullish OB. In such a scenario, it could be an opportune moment to accumulate more. 💎Stay sharp, ParadiseSquad! 🌴 This analysis might warrant a re-evaluation if DUSK dips below 0.11 and concludes the day beneath that mark.
by MyCryptoParadise_Nathan
RSR/USDT Next Upward Incoming ??? Reserve right Today AnalysisHello Paradisers, gear up for a coin with potential! 💎RSR has not only broken free from its falling wedge pattern but is also currently retesting its resistance trendline. 💎What's more, RSR has surpassed its resistance zone and settled above it, hinting at a possible bullish continuation. 💎For those considering an entry, you might jump in now or patiently await its touch within the support zone of 0.00214 - 0.00217. 💎If a fakeout occurs, it could be an opportunity to accumulate more around the 0.002 demand zone, with a high likelihood of revisiting the Bearish OB. 💎Stay vigilant, ParadiseSquad! 🌴 This analysis might need a revisit if RSR ends the day below 0.0018.
by MyCryptoParadise_Nathan
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis: Trade setup : Bullish breakout from Ascending Triangle and above $0.000008 resistance could signal possible trend reversal. Price reached our target of $0.000010 resistance, which is also 200-day Moving Average, where it got rejected once already. If it breaks above that, it would confirm the Uptrend and could revisit $0.000012 next. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. 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 $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
Long
by altFINS
ETH: Approaching SupportEthereum (ETH) technical analysis: Trade setup : After a bearish breakout from Rising Wedge pattern, price could revisit $1,800 support area before resuming its uptrend. That level is at a cross section of a horizontal support ($1,800), Dynamic Support trendline (blue line in chart), and 200-day Moving Average. Trend : Neutral on Short-Term basis, Uptrend on Medium-Term basis and Downtrend on Long-Term basis. 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 $1,800 (previous resistance), then $1,700. The nearest Resistance Zone is $1,930, then $2,000 and $2,140.
Long
by altFINS
APT/USDT The Next Upward Incoming ?? 💎🚀 Aptos Analysis Today💎 Paradisers, brace yourselves for the trending coin! 💎Aptos has forged a partnership with Microsoft 💎 APT to surge and Break the falling wedge pattern, backed by impressive volume. 💎For the entry, We can entry now or wait for a retest on the support. Should APT showcase bullish indicators, such as a favorable candlestick pattern, we can anticipate a rebound and a continued ascent toward our target. 💎However, if APT struggles to maintain its stance at the support and breaches it, we might witness the price gravitating towards the bullish OB + Demand zone, potentially igniting a robust upward thrust. 💎Stay vigilant, as our bullish perspective would be challenged if APT descends past the 6.4 mark and settles below it. Trade wisely, ParadiseSquad! 🌴
by MyCryptoParadise_Nathan
ALGO/USDT Ready to Upward Movement?? Algorand Today Analysis Ladies and Gentlemen of ParadiseClub, gear up for the forthcoming gems! 💎ALGO has broken its prior pattern and is now retesting the resistance trendline. 💎We're keenly observing its approach to the demand zone. Should ALGO exhibit a bounce or face rejection within this area, we can anticipate a bullish trajectory, 💎 targeting the next supply point at 0.1265 and a formidable resistance at 0.1387. 💎However, be cautious: if ALGO closes below 0.1046 on a daily scale, our bullish outlook would be invalidated. Stay alert and trade safe! 🌴
by MyCryptoParadise_Nathan
DYDX/USDT Bullish Momentum?? 💎🚀 DYDX Today Analysis💎 Currently, DYDX is navigating within a descending channel pattern and is making an attempt to breach the supply zone. If it struggles to surpass this zone, we might see DYDX retreat to the demand area between 1.63 - 1.74, aiming to tap into the order block situated there. This could set the stage for a potential rebound and a subsequent upward trajectory. 💎However, if DYDX manages to break through the supply zone promptly, it's a positive indicator. Yet, for a confirmed bullish momentum, DYDX needs to shatter the resistance trendline of the descending channel. Achieving this could pave the way for a spirited rally, targeting the 2.755 - 3.15 range. 💎Conversely, should DYDX falter within the 1.63 - 1.74 demand zone or even dip below it, it suggests the possibility of a deeper decline, crafting a new lower low. Paradisers, stay vigilant and monitor these potential shifts! 🌴
by MyCryptoParadise_Nathan
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). We’re likely to see the price take a pause as traders take some profits (selling pressures). Pullback near $20-$22 support zone (also 200-day Moving Average) could be an attractive swing entry in Uptrend. 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 > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance Nearest Support Zone is $20 (previous resistance), then $15. The nearest Resistance Zone is $25 – $30, then $38.
Long
by altFINS
SYS Preparing for the Next Big Move, Syscoin Analysis Today 💎 SYS is on the verge of breaking out from a descending channel upwards and is currently positioned just below the Point of Control (POC) of the Volume Profile Visible Range. 💎 At the moment, this POC is posing a minor resistance, but it's likely to transform into support once we clear the channel. 💎 It's worth noting that SYS could potentially revisit the channel's trendline before making its upward move – so both outcomes are in play. 💎 Furthermore, with SYS situated in a zone of high demand, the bullish sentiment seems even more plausible. 💎 In the ever-evolving crypto sphere, being up-to-date and flexible is paramount. Keep an eye out for further insights and savor your trading adventure with #MyCryptoParadise!!
Long
by MyCryptoParadise_Nathan
You can't Ignore Tron's Bullish Move Ahead, TRX/USDT AnalysisParadisers, 💎 TRX is currently moving in a positive direction, shaping an ascending channel. It looks like it might follow the Elliot Wave pattern from 1-5. 💎 Right now, TRX is in a high-demand area, suggesting a continued upward trend. 💎 Just a heads up: it's a good idea to keep an eye on the lower low area. If the price goes below this, it could indicate a change in the bullish momentum. 💎 As always in the fast-paced world of crypto, being informed and ready to adapt is crucial. Stay tuned for more updates and enjoy your time trading with #MyCryptoParadise!
Long
by MyCryptoParadise_Nathan
2
ADA/USDT Bullish Scenario Incoming !!💎 At present, ADA is undergoing a retest within its supply zone, hinting at a potential move downwards towards the demand or Bullish OB region between $0.270 - $0.253. Should the price touch this zone, we could witness a bounce-back, propelling ADA towards an upward trajectory to challenge the resistance trendline and the subsequent supply zone. 💎However, if ADA swiftly breaches the supply zone and firmly establishes above it, it might skip the demand zone altogether, setting its sights directly on the resistance trendline and the supply points at $0.379 and $0.428. 💎On the flip side, should ADA fail to hold the Bullish OB, it's plausible for it to carve a new lower low, indicating a deeper descent. 💎 Paradisers, keep a keen eye on these potential market movements! 🌴
by MyCryptoParadise_Nathan
DOT/USDT Bullish Scenario💎 DOT has recently broke its support level and is currently in the phase of retesting, where the former support might act as a new resistance. There's a potential for the price to descend toward the demand zone ranging between $4.4 - $4.65. 💎Within this demand zone, there's a likelihood of the price experiencing a bounce, propelling it into an upward trajectory targeting the supply zone between $6.5 - $7. 💎However, if DOT swiftly reclaims its previous support-turned-resistance area, there's a chance it might not touch the demand zone and instead, ascend directly to challenge the resistance trendline and the supply region. Paradisers, keep your eyes peeled for these pivotal movements! Stay informed and trade wisely. 🌴
by MyCryptoParadise_Nathan
ARB/USDT is Ready to Fly, Arbitrum Analysis Today Dear Paradisers, Take Notes! ARB finds itself at a pivotal juncture within a triangle formation, hinting at an intriguing turn of events. 💎 At this moment, ARB is making strides to emerge from this triangle. A successful emergence could pave the way for a bullish surge. 💎 However, if the bulls falter in their breakout attempt, ARB might circle back to test its support around the $1.11 mark. As always, the broader market's pulse will be instrumental in shaping this breakout's direction. 💎 On the whole, we're buoyant about ARB reaching these anticipated milestones. Stay tuned with #MyCryptoParadise for more insights!
Long
by MyCryptoParadise_Nathan
HBAR/USDT Confirms its Bullish Move, Hedera Hashgraph Analysis Hello Paradisers, Time to get into action!! 💎 HBARUSDT is gearing up for a potential rise and anchored above the 21 EMA, signaling bullish vibes. 💎 Underpinning this optimistic view is the Demand Zone lying just below, which will definitely boost the bullish drive. 💎 Beyond this zone, we've spotted a bullish nod on a smaller timeframe, hinting that the price might circle back to this level. 💎 On the flip side, if the price drifts into the invalidation zone and slips through, we might witness a bearish turn. 💎 Stay connected for more updates and savor your trading journey with #MyCryptoParadise!
Long
by MyCryptoParadise_Nathan
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis: Trade setup : Bullish breakout from Ascending Triangle and above $0.000008 resistance could signal possible trend reversal. Price reached our target of $0.000010 resistance, which is also 200-day Moving Average, where it got rejected. It is now likely to pull back to retest the breakout level of $0.000008. That could be an attractive swing entry again. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. 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 $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
Long
by altFINS
LINK is Gearing up for a Bullish Move Howdy Paradisers! At the moment, LINK is reflecting a wedge pattern, with a significant observation being its trading stance in a potent demand zone and slightly above the EMA 50. 💎 Another consideration is that if the price dips back into strong support due to the market volatility that has been a common theme in recent days, it might consolidate. With an increase in selling pressure, this could potentially offset the bullish momentum. 💎 The POC of VRVP (Visible Range Volume Profile) is acting as a resistance point. If the price maintains its momentum, we might be on the verge of a substantial bullish move. 💎 Paradisers, always remember that in the ever-changing world of crypto, staying updated and adaptable is crucial. Keep an eye out for more updates and relish your trading journey with #MyCryptoParadise!
Long
by MyCryptoParadise_Nathan
2
XRP: Bullish Pennant BreakoutRipple (XRP) technical analysis: Trade setup : Following a breakout from a Descending Triangle, price spiked up massively to $0.92 resistance on favorable legal ruling. This level also acted as resistance way back in early 2022. However, it got very overbought (RSI > 80) and saw selling pressures from some profit taking. Price has consolidated in a Pennant pattern but broke out of it bearishly (below support), which could open up further downside to $0.55 support next. Fibonacci Retracement support levels are $0.70 (50%) and $0.56 (78%). Pattern : Bullish Pennant – forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Neutral on Short-Term basis and Uptrend on Medium- and 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 $0.55, then $0.45. The nearest Resistance Zone is $0.68 (previous support), then $0.92.
Long
by altFINS
1
RNDR: Descending Triangle BreakoutTrade setup : Bearish breakout from Descending Triangle pattern, below $1.70 Triangle support level, which confirms downtrend with downside risk to $1.00. Pattern : Price was trading in a Descending Triangle pattern. Typically, a breakout will typically occur in the direction of the existing trend. Most traders will take a position once the price action breaks through the bottom line of the triangle with increased volume, which is when the price should decline an amount equivalent to the widest section of the triangle. Trend : Downtrend on Short- and Medium-Term basis and Neutral 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 $1.70, which it broke, then $1.00. The nearest Resistance Zone is $2.50, then $2.90.
RLong
by altFINS
OP: Channel DownTrade setup : Benefiting from the launch of Worldcoin (WLD), which is based on Optimism protocol. Trends are mixed but improving as the price bounced from $0.90 and broke back above a couple of key levels ($1.20, $1.50). Overall, it’s trading in a Channel Down pattern and we’re waiting for a breakout, ideally above 200-day Moving Average (~$1.95) that would confirm a trend reversal to Uptrend, with potential upside to $2.80 thereafter. Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. 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 $1.50 (previous resistance), then $1.20. The nearest Resistance Zone is $1.80, then $2.80
Long
by altFINS