Trade Setup: ADA Long PositionMarket Context:
ADA is currently at resistance, and we are considering two potential scenarios for entering a trade.
Trade Scenarios:
Break and Retest Scenario:
Entry: Enter the trade at a confirmed break and retest of the $0.45 level.
Range Retest Scenario:
Entry: Enter the trade at a retest of the bottom of the range at $0.42.
Common Trade Parameters:
Take Profit:
First target: $0.51 - $0.54
Second target: $0.57 - $0.60
Stop Loss: Place the stop loss just below $0.40.
📊 Monitor the price action for confirmation of breakouts and retests. Adjust entries based on market conditions. #ADA #CryptoTrading #TradeSetup 🎯
Cryptoanalysis
Cardano - Repeating the +3.000% bullish cycle!CRYPTO:ADAUSD is creating price action like back in 2020 and we might see a rally soon.
Looking at the higher timeframes allows you to massively capitalize on overall market swings and cycles. Especially when it comes to Cardano, these cycles are pretty rewarding but also pretty predictable. At the moment, Cardano is repeating price action; we saw the same pattern playing out in 2020 and this break and retest was followed by a rally of +3.000%
Levels to watch: $0.42, $0.25
Keep your long term vision,
Philip - BasicTrading
LUNA2USDT Poised for Massive Breakout: Are You Ready?Yello, Paradisers! Have you been keeping an eye on #LUNA2USDT? If not, now is the time to pay attention to #LUNA2 because it's reaching a crucial moment.
💎#LUNA2USDT is currently trading within a descending channel, and we anticipate a significant bullish breakout from this pattern. Right now, #LUNA2 is approaching descending resistance, but the increasing volume and the support of the 50 EMA are strengthening the bullish outlook.
💎After a continuous month-long decline, $LUNA2 has reached an all-time low. This sets the stage for breaching the upper trend line of the channel.
💎If #LUNA2 fails to break the upper trendline, we might see a retest of the bullish order block at $0.338, a level that has historically provided strong support and bullish momentum.
💎Should $0.338 fail to hold, the next support level to watch is at $0.287. If this level also fails, we could see a continued downward trend for LUNA2.
Discipline, patience, robust strategies, and trading tactics are the only ways you can make it long-term in this market. Stay focused, Paradisers!
MyCryptoParadise
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Gnosis Channel Pattern forming & Expecting Breakout +60% PROFITGnosis Trading within the Falling Channel Pattern and Expecting Breakout. Channel Top is the 1st Target. If Breakout above the Channel Pattern, then the market continuously reaches the 2nd and 3rd Targets. Offering the chance to make +60% Percentage Profit.
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Major Bullish Breakout on the Horizon for JOEUSDT: Don't Miss!!Yello, Paradisers! Have you been watching #JOEUSDT lately? If not, you might want to pay close attention now.
💎#JOEUSDT is currently compressed between the falling wedge trendlines, setting the stage for a potentially massive bullish breakout. Right now, #JOE is facing descending resistance, but the increasing volume and the support of the 50 EMA are bolstering a bullish outlook.
After a continuous month-long decline, J$OE has reached a critical liquidity zone. This is a prime setup for breaching the upper trend line of the wedge.
If #JOE fails to break the upper trendline, we might see a retest of the bullish order block at $0.276, which has historically provided strong support and bullish momentum.
Should $0.276 fail to hold, the next support level to watch is at $0.252. If this level also fails, we could see a continued downward trend for #Joe.
Discipline, patience, robust strategies, and trading tactics are the only ways you can make it long-term in this market. Stay focused, Paradisers!
MyCryptoParadise
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Raydium _ Next Target is Previous High, Make a +575% PROFITRaydium is going to break the 0.6 Fibonacci Retracement level. If the market close above the 0.6 Fibonacci Retracement level, then the market Approaching Previous High. So Previous High is the Next Target. And Offering the chance to make a +575% Percentage Profit.
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Ethena _ Downtrend Breakout _ 0.6 Fib is 1st Target +62% PROFITFalling Channel Pattern is Breakout and Uptrend Continuation. 1st Target is the 0.618 Fibonacci level price at 0.70091110 USD. Offering the chance to Achieve +62% Percentage Profit. And 2nd Target is the Downtrend line Top. Offering the potential to Achieve a +149% Percentage PROFIT.
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Breaking Alert: Is RNDRUSDT About to Skyrocket or Plunge?Yello Paradisers! Is #RNDRUSDT on the verge of a major breakout or a sharp decline? Let's dive in to find out why this could be a game-changer for your trading strategy.
💎#Render is currently compressed between the falling wedge's trend lines. We are expecting a bullish breakout soon due to increasing volume and improving macro market sentiment.
💎If #RNDR is rejected by the upper trend line of the falling wedge, we might see a retest of the bullish order block (OB) at $5.81. This area has provided strong support for RNDR multiple times, as it is packed with liquidity.
💎Should CRYPTOCAP:RNDR fail to rebound from $5.81, the next level to watch is the lower support at $5.42. The probability of a rebound from this level is significantly higher.
💎If #RNDR continues to fall, the bears will take control, potentially leading to a bearish continuation.
Stay focused, patient, and disciplined, Paradisers. Trade smart and avoid the herd mentality.
MyCryptoParadise
iFeel the success🌴
TIAUSD: Strong Support at $4.9 - Potential Rally Ahead!Celestia's TIAUSD token exhibits promising utility within its ecosystem, primarily serving network security through staking, participating in governance decisions, and incentivizing data availability and validation. Moreover, TIA facilitates transaction fees and rewards, ensuring participant compensation for their contributions.
Support and Resistance Zones:
Currently, TIAUSD holds strong support at $4.9. If this level holds, we could see substantial gains. Should this support break, the next critical support lies near $3.6, a key level from which a bounce is highly probable, given the upcoming significant events and the anticipated approval of Ethereum ETFs.
Market Outlook:
The approval of Ethereum ETFs is likely to spark a rally in altcoins, including TIAUSD, a relatively new project listed in late 2023. Historically, new projects introduced shortly before a bull market often experience significant rallies. We anticipate notable volatility in Q4 2024 and Q1 2025, presenting an excellent opportunity for TIAUSD to surge.
Price Targets:
Based on our calculations, the minimum target for TIAUSD during the bull run is $146. If this resistance is flipped by January 2025, we could see a maximum target of $186. Bull markets typically exhibit unexpected price pumps, and we expect similar volatility for TIAUSD. However, monitoring support and resistance zones is crucial to maintain an active trade strategy.
Exit Strategy:
Traders should aim to exit long positions between March and August 11, 2025, as the bull run and altcoin season are expected to end during this period.
Follow us on TradingView for more in-depth analysis and timely updates on TIAUSD and other cryptocurrencies. Share this idea with your friends and family to maximize profits. Comment below and let us know if you found this analysis helpful. Thank you!
GALUSDT On the Edge of Another Explosive Bull Rally? Yello, Paradisers! Are we on the verge of a major move for #GALUSDT? Let's dive into the key levels and potential scenarios to watch out for.
💎#Galxe has been trading within a well-defined descending channel on the daily timeframe, with the price consistently respecting the trendlines. The POC of VRVP is acting as a significant support for #GAL, providing a solid foundation for potential upward movement.
💎 AMEX:GAL is poised to challenge the descending resistance of the channel. A potential breakout and retest of the Bullish Order Block (OB) around $1.980 could be on the horizon. This area is packed with liquidity and could propel GAL towards a breakout.
💎If #GAL can break above the descending resistance, supported by the liquidity at $1.980, we could see a strong bullish move toward the major resistance zone around $4.000.
💎Should the current resistance hold, we might see a retest of the key support level at $1.680. This retest could provide the necessary rally for a breakout. If the key support at $1.680 fails to hold, #GALUSDT could face increased bearish pressure.
Remember, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
RNDR Long Spot PositionMarket Context:
RNDR is trading at a support level, providing an opportunity to enter into a long spot position.
Trade Setup:
Entry: Ladder into a long spot trade in the $6.50 - $6.70 area of support.
Take Profit:
First target: $7.80 - $8.50
Second target: $9.35 - $9.90
Stop Loss: Place the stop loss just below $6.00.
📊 Monitor the market closely and adjust your strategy as needed! #RNDR #CryptoTrading #SupportZone 🎯
STPTUSDT is Ready for the Next Big Move? Get Ready for BreakoutYello Paradisers! Are you ready for the next big move in #STPT? Let's break down these statements and analyze what's happening:
💎#STPT is currently trading within a descending channel, which typically signals a bearish trend. This pattern showcases a series of lower highs and lower lows. However, there’s a potential breakout and retest zone just above the descending resistance. A successful breakout and retest could lead to a strong upward move.
💎#STPTUSDT has been consistently rejected by the channel as indicated by the red arrows. A break above this line could signal a potential trend reversal. 50EMA is also reinforcing this bullish outlook.
💎There's a highlighted support zone around $0.03737, this level has been tested and respected multiple times by the GETTEX:STP , making it a crucial support area to watch. It’s also where we find a bullish order block, suggesting that buyers are likely to step in at this level.
💎Within the support zone, this order block indicates strong buying interest, providing further support for a potential bullish move. The bullish outlook will be invalidated if the $STPT falls below the major support zone at $0.03565. This level is key for maintaining the current structure.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
PEPEUSDT Turns Bearish | More Downward Move Ahead for #PEPE?Yello, Paradisers! Have you been keeping an eye on CRYPTOCAP:PEPE (#PEPE)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details.
💎#PEPE is currently trading within a descending channel, which is a bearish continuation pattern. This pattern is characterized by lower highs and lower lows, indicating sustained downward pressure. The price has been respecting the descending resistance line, repeatedly getting rejected at this level.
💎50EMA and macro market sentiment are also reinforcing our bearish bias for #PEPE. The major support zone is highlighted at $0.00000730. If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.00000662.
💎The immediate resistance zone to watch is at $0.00001225. For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend.
💎There's a bullish order block around $0.00000730, which could act as a strong support level, providing a potential bounce back if tested.
Stay focused, patient, and disciplined paradisers
MyCryptoParadisers
iFeel the success🌴
TONUSDT Ready For More Downward Move | Bearish Vibes All OverYello, Paradisers! Have you been keeping an eye on Toncoin (#TON)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details.
💎#TONUSDT has been trading within a rising wedge formation on the 1D timeframe. This pattern typically signals a potential bearish reversal. Currently, #Toncoin is testing the rising wedge's lower support level, and there is a possibility that it might drop further if this support breaks.
💎The ascending resistance and the rising support form a rising wedge pattern. This pattern is generally bearish which indicates that the current uptrend might be coming to an end.
💎The strong resistance zone is marked at $8.310. If #TON fails to break above this level, the bears might take control, leading to a downward move. If this happens, the immediate support level to watch is $6.255.
💎If CRYPTOCAP:TON breaks below this level also, the next significant support lies in the major support zone between $4.607 and $4.381. This area is critical as it can provide a good chance of a pullback if tested.
💎In a scenario where the current ascending support of the rising wedge doesn't break and TON breaks above the resistance zone marked then Bulls will take over
Stay focused, patient, and disciplined Paradisers
MyCryptoParadise
iFeel the success🌴
UNIUSDT Losing Momentum for a Further Downward Move? Yello, Paradisers! Let’s dive into the latest analysis of #Uniswap (#UNI) and see what might be next for #UNIUSDT.
💎#UNIUSDT has been trading within a falling wedge formation on the 12H timeframe. This pattern is generally considered bullish, but current market conditions suggest caution. Currently, #Uniswap is retesting the falling wedge's lower support level, and there is a possibility that it might drop further.
💎The failed breakout from the falling wedge reinforces a bearish bias. If BME:UNI fails to break above the resistance level, the downward trend could continue.
💎The diminishing trading volume and the Point of Control (POC) of the Volume Range Volume Profile (VRVP) acting as resistance increase the likelihood of a further drop. If #UNI fails to hold the support at the falling wedge's lower boundary, it is likely to retest the major support zone around $7.00.
💎The key support zone, which has been tested and respected multiple times, lies between $6.40 and $7.00. If UNI fails to hold at these levels, the next major support to watch is at $5.886. This area is critical as it is packed with liquidity and can create a good chance of a pullback if tested.
💎The bearish invalidation level is marked above the resistance at $9.459. A break and close above this level could invalidate the bearish scenario and potentially lead to a bullish rally.
Stay focused, patient, and disciplined Paradisers
MyCryptoParadise
iFeel the success🌴
Navigating DASH: Key Support at $23.8 and Bull Market ProjectionIn this detailed analysis of DASHUSD, we identify key support levels and potential gains for the upcoming bull run. Currently, DASHUSD has a strong support at $23.8. If this support holds, we can expect a significant upward movement. However, if the $23.8 support level breaks, the next strong support lies at $21.5, from where a bounce is highly anticipated, especially with the bull run approaching.
The bull run in Q4 2024 is expected to bring considerable volatility, similar to previous bull runs. It is crucial to note that we should aim to exit the market around Q1 or Q4 2025, as the altcoin season is likely to conclude during this period. Historical data and calculations suggest that the minimum target for DASH in this bull run could reach $118. If DASH flips the $118 resistance by Q3 2025, we could see a maximum target of $135, based on previous bull run patterns observed in December 2017 and April 2021.
It is important to monitor resistance levels and adjust our strategies accordingly. The expected pattern completion and resistance zone breakout could occur post-2030. Therefore, during this bull run, we should aim to exit at resistance points and maintain active trades accordingly. We should exit our long positions by Q1 or Q4 2025 to avoid potential downturns as the market evolves.
For more detailed analysis and insights, follow us on TradingView. Stay updated with our latest ideas and leverage our analysis to enhance your trading strategies. Leave your comments to let us know your thoughts on our ideas, or if you want us to analyze a specific coin or project, mention it in the comments, and we will share our insights.
GNOUSD Analysis: Strong Support and Bull Run Targets for 2025Gnosis (GNO) is a promising new project with significant potential during the bull run. Historically, new projects tend to surge during bullish markets. GNO's role in the Gnosis network is pivotal for maintaining and operating various activities that generate value through market events and speculation. With a maximum circulating supply of just 3 million tokens, GNO stands out for its scarcity and growth potential.
Currently, GNO has strong support at $278, making it a key level to watch. Should this support hold, we can anticipate a substantial gain. If the $278 support breaks, the next strong support lies around $232, from where a bounce is likely, especially as the altcoin season, typically characterized by high market volumes, approaches in Q4 2024.
Based on our analysis, GNO's bull run targets a minimum of $2424. If GNO flips the $2425 resistance by Q1 2025, the maximum target is $2682. The altcoin season often brings unexpected pumps, and we expect similar volatility in this market cycle. Therefore, monitoring resistance zones closely and planning exits from long positions around Q1 or Q4 2025 is crucial, as the bull run may conclude by then.
For more insightful analysis, follow us on TradingView. Stay updated with our latest ideas, benefit from our analyses, and let us know your thoughts in the comments. If you want an analysis of a specific coin, feel free to ask in the comments, and we'll be happy to provide our insights.
Will REI Network (#REI) Hold Its Ground or Take a Plunge?Yello, Paradisers! Have you been keeping an eye on REINetwork (#REI)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details.
💎#REIUSDT has been trading within a falling wedge pattern on the 1D timeframe. We've previously observed a failed breakout, which reinforces a bearish bias. Currently, #REINetwork is retesting the falling wedge's lower support level, and there is a possibility that it might drop further.
💎The diminishing trading volume and the POC of VRVP acting as resistance increase the chances of a further drop. If #REI fails to hold the support at the falling wedge's lower boundary, it's likely to retest the Bullish Order Block (OB) around $0.447.
💎However, if AMEX:REI fails to hold at $0.447, the next support level to watch is at $0.325. This area is packed with liquidity and can create a good chance of a pullback if tested.
💎On the contrary, if the falling wedge's lower support level holds well, we could see the bulls taking control, leading to a bullish rally. The overall market sentiment and Bitcoin's movement will significantly influence #REI's price action, so keep a close eye on these factors.
Stay focused, patient, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
The Next Big Move for ONDOUSDT: Will It Soar or Dive?Yello, Paradisers! Is #ONDOUSDT gearing up for a major move, or are we on the brink of a downturn? Let’s dive into the details to keep you ahead of the game.
💎#ONDOUSDT has been one of the standout performers, showing remarkable resilience during the recent market correction. The asset has been navigating a falling wedge pattern and has recently broken above it. Currently, #ONDO is aiming to retest the upper resistance of the channel, which has now turned into support.
💎A bullish breakout is promising, but a successful retest will reinforce and confirm this breakout. This retest of the upper resistance turned support is crucial for validating the bullish sentiment.
💎If ONDO falls back into the wedge, it’s likely to retest its support at $1.08. This level will be a key indicator of ONDO's strength and a failure to hold here could signify a potential decline.
💎Should the macro market sentiment turn bearish with significant selling pressure, ONDO might revisit its liquidity-packed area and strong medium-term support between $1 and $1.02. This zone is critical as it has historically provided substantial support.
💎However, if this critical support zone fails to hold, ONDO could turn bearish and continue its downward trajectory. The overall market sentiment and Bitcoin's movement will significantly influence #ONDO's price action, so keep a close eye on these factors.
Stay focused, patient, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
ETHUSD Bull Run Forecast: Key Support Level & Bul Market InsightEthereum (ETHUSD) currently shows a strong support level at $2760. From this level, there is a high possibility of a significant gain. However, if the $2760 support level fails, we can expect the next major support between $2100 and $2200. This area should provide a strong bounce as the bull run approaches.
Historically, Ethereum has shown major movements during bull markets. In January 2016, Ethereum flipped resistance and saw a massive pump, creating a new resistance zone by January 2018. The next bull market in May and November 2021 saw Ethereum touching this resistance twice. We anticipate a similar pattern with the upcoming bull market, potentially reaching this resistance by March or April 2025. If not, we could see this level touched in October or November 2025. Each bull market is characterized by significant volatility, and we expect similar movements this time.
Our targets for Ethereum during the bull run, based on historical data and calculations, project a minimum target of $18,422 by March 2025. If Ethereum flips this resistance by July or August 2025, we could see a maximum target of $23,350 by October or November 2025. Historical bull markets in 2017, 2018, and 2021 have shown unexpected price pumps, and we anticipate similar volatility in Q1 and Q4 of 2025.
We recommend staying active in your trades and keeping an eye on the resistance zones. Long positions should be exited by March or November 2025 as the bull market is expected to end, leading to a downward trend in 2026.
For more detailed analysis and to stay updated with our latest ideas, follow us on TradingView. Take advantage of our insights to enhance your trading strategies. If you find our ideas helpful, please leave a comment and suggest projects you'd like us to analyze and share.
Altcoin Season Alert AAVEUSD: Key Levels and Bull Run PredictionAAVE is currently holding a strong support level at $70, presenting significant potential for gains. If this support holds, we could see a robust upward movement. However, if the $70 support breaks, the next crucial support lies around $50. This level is expected to provide a necessary bounce, especially with the altcoin season approaching.
According to historical data, AAVE's bull run targets a minimum of $1600. Should this resistance flip by January or February 2025, the maximum target could soar up to $15,378. This mirrors the unexpected price pumps observed during previous bull runs in 2017 and 2021. The market's volatility could again present lucrative opportunities, provided we navigate resistance zones effectively.
It's crucial to remember our exit strategy: aim to exit the market by March or October 2025, regardless of the prices at that time, as the altcoin season is expected to end during this period.
For more in-depth analysis and to stay updated with our latest trading ideas, follow us on TradingView. Benefit from our insights and maximize your trading potential.
ETH Long Trade SetupMarket Context:
ETH has shown strong performance against BTC, attempting to break a significant monthly downtrend on the ETH/BTC chart. This potential breakout could lead to a substantial bullish move for ETH. Against USD, ETH is at a major resistance band around $3,500. A break above this level could attract more bullish interest. Key support levels to watch for ETH are $3,380, $3,330, and $3,250.
Trade Setup:
Entry: Enter a trade at the current resistance band around $3,500 or on a pullback to key support levels ($3,380, $3,330, and $3,250) if the resistance breaks.
Take Profit: Set profit targets at $3,700, $4,100, and $4,350.
Stop Loss: Place the stop loss just below the key support at $3,250 to manage potential downside risk.
📊 Monitor the ETH/BTC chart and USD levels closely, and adjust your strategy accordingly! #ETH #CryptoTrading #BreakoutStrategy 🎯
LYXUSDT Breakout | Is a Bullish Rally Imminent or Will It FalterYello! Are you ready to dive into the latest action on #LYXUSDT? Let's dive into the latest analysis of LYX and see what might be next for #LUKSO.
💎Previously, #LYXUSDT has been trading within a descending channel pattern on the 12H timeframe. LYXUSDT has broken out of the descending channel and retested the breakout zone. This pattern is often a precursor to a bullish run, especially with the 50-EMA reinforcing this outlook.
💎Currently, #LUKSO is testing a significant resistance level. A break above this could propel the price toward the upper supply zone, with a target around the strong resistance at $3.7000.
💎If $LYX fails to breach the current resistance, expect a retest of the Bullish Order Block (OB) around $2.3455. This level is a critical support zone and could provide a solid base for renewed bullish activity.
💎However, if the $2.3455 support fails, the next major support to watch is $2.0071. This area is crucial, packed with liquidity, and could spark a bullish rally if tested.
💎In case the $2.0071 support level also fails, it could invalidate the bullish setup, leading to a bearish trend. Keep an eye on the overall market sentiment and Bitcoin's movement, as these will significantly influence #LYX's price action.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴