Cryptosignal
BITCOIN - The Dreaded Update...Our last Bitcoin analysis caused quite the stir... Understandably those that are holding Bitcoin would want to see it moon BUT we would rather be cautious and mark out any other possible scenarios that may happen and would allow us to buy into Bitcoin more before it moons.
Now that we've completed wave B, we can see that we made a new high = can't be a 535 flat and so this 335 Flat correction appears to fit this bearish scenario.
We are expecting 5 waves down for Wave C. The best place to enter Shorts would be once we make the wave 2 correction. We'll have a tight invalidation level present and have incredible room to drop, allowing us a big risk to reward ratio.
Our bearish scenario invalidation level sits at around 74k. We'll remain bearish as long as we stay below that level.
Once we see the wave 2 correction, we'll be sure to update you guys!
Goodluck and as always, trade safe!
See below for our previous analysis.
STX/USDT It shows a strong bounce and Bullish momentum for STX!💎 Paradisers, #STX is indeed a coin worth closely monitoring.
💎 With a strong bounce from the support area accompanied by a significant green candle, STX is showing signs of bullish momentum, supported further by a MACD golden cross and bullish divergence.
💎 The next step for STX is to break above the resistance trendline to sustain its upward movement and potentially test our target strong resistance area.
💎 However, if STX fails to break above the resistance, there's a possibility of it retracing back to test the support around $2.06. STX must bounce from this level to maintain its bullish trajectory.
💎 Failure to bounce and hold above this support could lead to a breakdown, signaling a bearish turn. In such a scenario, the next level to watch would be the demand area around $1.74.
💎 Should STX reach the demand area, it needs to bounce and reclaim a position above the $2.06 support to resume its upward movement. However, if STX fails to bounce and breaks below the demand area, it could confirm a continuation of the downward trend, indicating further potential losses.
MyCryptoParadise
iFeel the success🌴
BCH/USDT breakout from falling wedge? 👀🚀BCH Analysis💎 Paradisers, #BCHUSDT has successfully broken out of its falling wedge pattern, indicating a probable continuation of the upward trend.
💎 We'll await a retest for confirmation before planning our trade, as a retest phase often follows a breakout and provides an excellent opportunity to verify bullish momentum. If #BITCOINCASH can maintain support at $441 and continue its upward trajectory, the next target lies in the resistance zone identified in our target range.
💎 However, if #BCH fails to sustain support and drops below the $441 area, it could signal a weakening of the bullish trend. In this scenario, the price may decline further towards the next significant support level, around $401.
💎 Historically, BCH has shown resilience by rebounding decisively from the $401 support level. If this pattern holds, a strong bounce could occur, potentially reclaiming the $441 support zone and advancing toward our intended target.
💎 Should SET:BCH struggle to rebound convincingly from $401 and exhibit declining volume, it may suggest a breakdown in bullish momentum. A decisive close below this critical support could challenge the bullish outlook, leading to a more bearish trend.
MyCryptoParadise
iFeel the success🌴
BTCUSD Money heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist of BTCUSD market based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned 2 plans with target in the chart Please look at the chart before entry, Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous area market is overbought / Oversold / Consolidation / Fundamental news occur / Strong Pullback happens at the level. Be safe and be careful and Be rich.
Loot and escape at the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of Powerful dynamic levels whether Buy or sell, Once it is cleared we can continue our heist plan to next target.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
APT/USDT It shows price bounce on the demand and reversal sign!💎 Paradisers, #APT is certainly a coin worth keeping a close watch on.
💎 After bouncing from the demand area following a rejection at the resistance, APT appears poised to attempt another breakout.
💎 Success in breaking above the resistance at $11.15 could signal a continuation of the upward movement, with the next target being the Bearish OB (OB-). If this level is breached as well, APT may advance towards our target strong resistance area.
💎 However, should APT fail to break above the $11.15 resistance and face rejection once more, it could retreat to the demand area or even drop to the support around $6.3 if the demand fails to hold. If APT does reach the support area, there's a possibility of it merely triggering liquidations before reclaiming a position above the demand at $8.2.
💎 However, a failure to reclaim the demand level could indicate a bearish turn, potentially leading to further downward movement. Keep a close eye on APT, as a break below the support area, confirmed by a daily candle close, could signal a bearish trend continuation.
MyCryptoParadise
iFeel the success🌴
WAVES/USDT ready for potential move? 👀🚀waves Analysis💎 Paradisers, get ready for a promising opportunity with #WAVESUSDT as it positions itself within a demand zone, gearing up for a potential bullish move.
💎 Historically, we've observed #WAVES adhering nicely to a pattern of descending resistance. Currently, after rebounding from a potential bottom, the price is maintaining momentum within the demand zone. If it can sustain this momentum at the demand level of $2.358, there's a strong chance it could break through the descending resistance and initiate a bullish movement.
💎 Consider this alternate scenario: if PSX:WAVES struggles to maintain its momentum at the demand level, a bullish rebound from the double bottom area or key support might be expected. However, should #WAVES fail to find support at this level and instead break below, it may indicate a continuation of the bearish trend. Overcoming the descending resistance is crucial for #WAVES to sustain its bullish trajectory.
MyCryptoParadise
iFeel the success🌴
MINA/USDT descending resistance breakout?👀🚀Mina Analysis
💎 Paradisers, get ready for a thrilling opportunity with #MINAUSDT as it approaches a critical point in its descending resistance, gearing up for a bullish breakout.
💎 Historically, we've seen #MINA adhering to a descending resistance pattern. Currently, it's on the cusp of a breakout. If the price can surpass this resistance and maintain its momentum, there’s a high chance it could launch into a robust bullish rally towards the supply area at $1.1355. While there's a possibility of encountering some resistance at this level, it’s crucial not to panic but to stay alert and monitor market sentiments closely. Surpassing this supply area could lead to a significant upward movement.
💎 On the flip side, if the price CSE:MINA loses momentum and the anticipated breakout doesn’t materialize, falling below the support level of $0.7406 could tilt the scales towards a prolonged bearish trend. In such a scenario, maintaining vigilance and applying strategic trading tactics are vital for navigating the markets successfully.
MyCryptoParadise
iFeel the success🌴
FET/USDT expecting bullish reversal from OB? 👀🚀FET analysis💎 Paradisers, #FETUSDT is showing signs of a potential bullish reversal from the Bullish Order Block, currently trading in a demand zone. We anticipate that the price might break through this level and initiate an upward continuation to our specified targets.
💎 Importantly, #FETCHAI has been adhering to a descending channel and has respected the channel's trendline twice. We expect a bullish reversal from the Bullish OB at $1.5600, provided it can sustain momentum at this level, making it a potentially strong entry point. Another scenario to consider is if the price breaks below the Bullish OB; in that case, we might see a bullish rebound from a lower demand level at $1.2440.
💎 However, if #FET loses momentum and drops below the demand level of $1.2440, the likelihood of a prolonged bearish trend increases, which could push it to even lower support levels. In such unpredictable market conditions, staying vigilant and employing strategic trading tactics is essential for success.
MyCryptoParadise
iFeel the success🌴
XLM/USDT presenting potential scenarios?👀🚀XLM analysis💎Paradisers, #XLMUSDT is navigating through a descending channel trajectory. Could this indicate a continued downtrend? Let’s dive into the analysis to see what the future might hold.
💎 Notably, #Stellar has broken below the downtrend trendline and is testing the support level at $0.1032. If it manages to sustain momentum, there's a possibility it could ascend towards the supply area above. Here, we're faced with two scenarios: if the price breaks above the supply area, we might see a bullish continuation towards a higher resistance zone. Conversely, if the price faces rejection at the supply level of $0.1194, it could attract sellers, potentially leading to a significant price drop.
💎 However, should #XLM lose momentum and fall below the support level of $0.1032, the likelihood of a prolonged bearish trend increases, possibly extending to lower support levels. In such volatile market conditions, maintaining vigilance and trading strategically are crucial for success.
MyCryptoParadise
iFeel the success🌴
FTM/USDT it shows price will be back test on the support!💎 Paradisers, #FTM is indeed catching the eye as a coin worth monitoring closely.
💎 After facing rejection at the resistance area, it appears poised to revisit the support region around 0.568 in search of renewed momentum.
💎 Should FTM successfully find support and bounce from this level, it could potentially form a double bottom pattern, with the neckline acting as resistance around the 0.798 mark.
💎 To validate this pattern and shift back to a bullish trajectory, FTM must break above both the resistance and the descending trendline of the pattern. If successful, this breakout could pave the way for further upward movement, possibly leading FTM to retest our target strong resistance area.
💎 However, if FTM fails to find support at the aforementioned level and instead breaks below it, this could signify a bearish continuation, with the price likely heading towards the next significant level, the Bullish OB area around 0.449.
💎 Reclaiming the support at 0.568 would be crucial for FTM to maintain its bullish momentum. Should FTM fail to bounce even after reaching the Bullish OB area, it would signal a bullish invalidation, indicating a continuation of the bearish trend.
WLD/USDT Is on the support area, possible to bouncing and upward💎 Paradisers, #WLD is indeed garnering attention as a coin worthy of close observation.
💎 Currently, it has retraced to a key support area after successfully breaching the descending resistance, only to face rejection at the resistance level of $6.4 - $5.9.
💎 For WLD to regain bullish momentum, it must bounce decisively from this support level and attempt to break above the resistance zone.
💎 A successful breakout would confirm a return to bullish sentiment, signaling further upward movement with potential targets set around our supply zone area.
💎 However, if WLD fails to find support at this level and instead breaks below it, the price could descend further to the next significant level, possibly around the demand area at $3.23. This scenario might involve a quick price drop, potentially triggering liquidations, before the price attempts to reclaim ground above the support area, should the upward trajectory still be desired.
💎 The bullish scenario would be invalidated if WLD also breaks below the demand area on the lower timeframes. Such a move would confirm sustained downward pressure, likely resulting in further significant dips.
MyCryptoParadise
iFeel the success🌴
BAD/USDT upward from demand what next? 🚀BAD Analysis💎 Paradisers, get set for a promising trading prospect with #BADUSDT as it shows a strong likelihood of bullish continuation from the demand zone.
💎 Recently, BCBA:BAD has been adhering to a descending channel trajectory, and it's now nearing a critical demand zone at $2120. If it can maintain momentum at this level, there's a high chance it will target internal supply. After overcoming this barrier, it aims to challenge a strong supply and bearish Order Block. The robust liquidity present at this demand level bolsters the bullish scenario, setting the stage for a potent rebound.
💎 However, as astute traders, we must account for all possibilities. If the price of #BADIDEAAI dips below this demand level, it could negate the bullish forecast, potentially resulting in a substantial price drop. Remain vigilant and ready to modify your strategies as the market evolves.
MyCryptoParadise
iFeel the success🌴
JOE/USDT bullish horizon from demand? 🚀JOE Analysis
💎 Paradisers, get ready for a fantastic opportunity with #JOEUSDT as it shows a high probability of a bullish continuation from its demand zone.
💎 We've noted that NYSE:JOE consistently adheres to a descending channel, frequently respecting its channel resistance. Currently, as the price approaches a key demand zone, maintaining momentum at this level could likely result in a bullish move. Historically, when the price has reached this level, it has initiated a strong upward surge.
💎 However, as savvy traders, it's crucial to consider all outcomes. If the price of #JOE breaks below this demand level, it could invalidate the bullish outlook, possibly leading to a significant price decline. Stay alert and be prepared to adjust your strategies according to market changes.
MyCryptoParadise
iFeel the success🌴
SOL/USDT It shows will be back test on the support trendline!💎 Paradisers, #SOL is indeed attracting attention as a coin worth keeping a close eye on.
💎 After facing rejection at the resistance area, SOL appears poised to retest the support zone around $127 - $116. This zone not only represents a local support but also coincides with a support trendline.
💎 A successful bounce from this area would signal bullish strength, potentially propelling the price upward to reattempt breaking the resistance around $162 - $169.
💎 If this resistance is breached with a successful bounce, it could pave the way for further upward movement, ultimately aiming for our target strong resistance area.
💎 However, should SOL fail to find support and instead break below the support area, it would raise concerns as it would not only invalidate the local support but also breach the bullish trendline support.
💎 In such a scenario, the price could descend towards the last bullish stronghold at the demand zone around $105. This could lead to SOL entering the oversold territory on the RSI indicator, typically below the 30 RSI mark. If SOL bounces from this oversold condition, attention would shift to reclaiming the $127 support area to resume the upward trajectory.
💎 However, if SOL breaks down below the demand area, it would confirm a bearish trend in the short term, signaling further potential downward movement.
MyCryptoParadise
iFeel the success🌴
FLOW/USDT bullish reversal from demand? 🚀Flow Analysis💎Paradisers, prepare for an exciting opportunity with #FLOWUSDT as it sets up for a bullish reversal from a crucial demand zone.
💎 Observing #FLOW's trajectory, it has been consistently respecting its descending channel, hitting the channel resistance twice. Currently, if the price can maintain its position at the demand level of $0.786, there's a high likelihood of a bullish move. We could be looking at a breakout from the channel, with sustained upward momentum potentially pushing through the critical resistance level at $1.038, before aiming for a major supply zone.
💎 On the flip side, if #FLOW struggles to keep up the momentum at the key demand level of $0.786 and dips below it, this could invalidate the bullish scenario, potentially leading to a significant price drop. Stay vigilant and ready to adapt your strategies based on these movements.
MyCryptoParadise
iFeel the success🌴
ARKM/USDT It possible revisit the demand and continue upward!💎 Paradisers, #ARKM is indeed gaining attention as a potential coin to monitor closely.
💎 It has successfully broken out of the descending channel pattern, indicating positive momentum. However, the price hasn't yet retraced to retest the breakout level.
💎 The price may likely test the demand zone around $1.7 - $1.46 before resuming its upward movement. Confirmation of a bullish trend reversal would require a breakout above the Choch area, potentially leading to a move toward our target area.
💎 Should ARKM fail to find support and bounce from the demand area, the next significant level to watch is the key support area around $1.26. As the name suggests, this level holds key significance and would ideally act as a strong support zone for ARKM.
💎 However, bullish invalidation would occur if ARKM breaks below the key support area. Such a move would confirm a continuation of the bearish trend, potentially leading to further downward movement in price.
MyCryptoParadise
iFeel the success🌴
BTCUSDTBitcoin time frame 1, 4 hours
Bitcoin is moving in a compression and if this support is maintained, it can go up to the specified targets.
With capital management, we can wait to enter a long position if Bitcoin reaches our entry point.
If the 62,000 support is lost, the 59,000-60,000 range is the next support for Bitcoin.
LOOM/USDT It's need break the resistance for continue upward!💎 Paradisers, #LOOM is certainly catching attention as a potential coin to watch.
💎 It has successfully broken out of the descending resistance area, signaling positive momentum and an upward movement in price.
💎 However, it's encountering resistance around the $0.103 area, and the MACD support for bullish momentum a decisive break above this resistance is needed to confirm LOOM's shift to an upward trajectory, potentially leading to a test of our target resistance area.
💎 Should LOOM fail to break the resistance, there's a possibility it could retest the trendline area or find support around the $0.088 - $0.08 range to gather momentum for another attempt at breaking the resistance.
💎 If LOOM fails to bounce and breaks below the support level, the next significant level to watch is the demand area around $0.074 - $0.06. Historical data shows that LOOM has successfully bounced from this level before, leading to significant upward movement. Should history repeat itself, a bounce from this area could fuel a renewed bullish momentum.
💎 However, bullish invalidation would occur if the candle closes below the demand area, indicating a confirmed breakdown in price and potentially signaling further downward movement.
MyCryptoParadise
iFeel the success🌴
ARK/USDT it shows price will be test on demand and will bounce!💎 Paradisers, #ARK is showing promise as a potential coin to watch.
💎 It has encountered rejection at the resistance area, coinciding with the resistance of the descending channel. There's a possibility that the price will test the demand area around $0.767 to gather momentum before attempting another breakout of the resistance.
💎 A successful breakout here would signal a bullish continuation, but confirmation would require breaking through the CHoCH area to confirm a reversal in the bullish trend. If this scenario unfolds successfully, the price could reach our target area.
💎 However, if ARK fails to bounce at the demand area and breaks down, the next support level to watch is the major support area.
💎 This area has historically shown strength in sustaining ARK during downward movements, with consistent bounces upon reaching it, indicating significant buyer interest. If ARK successfully bounces from this level, it will need to break the $0.91 resistance to confirm further upward movement.
💎 Bullish invalidation would occur if ARK failed to hold the major support area and breaks down with a daily candle closing below it. Such a scenario could signal further downward movement in price.
MyCryptoParadise
iFeel the success🌴
ETC/USDT price is ready for testing on the Bull Flag resistance!💎 Paradisers, the recent market dynamics surrounding #ETC have been noteworthy.
💎 After a successful rejection from the support zone around $24, ETC has bounced back upwards.
💎 Currently, it seems poised to continue its upward trajectory toward the resistance of the Bullish Flag pattern, indicating a potential continuation of the bullish trend. Breaking out of this pattern is crucial for further advancement toward our target resistance area.
💎 However, should ETC fail to break out of the pattern, it may be retracing back to the support area. Yet, if the support fails to hold and the price breaks below, further downward movement towards the demand zone around $18.7 could be expected.
💎 Historically, ETC has shown resilience with consistent bounces when revisiting the demand area. Therefore, if the price revisits this zone, there's potential for a rejection and subsequent upward movement. Reclaiming a price above $24 is essential for continued upward momentum. Failure to do so could signal a bearish reversal, prompting a retest of the demand zone.
💎 Bullish invalidation would occur if ETC fails to maintain a price above the demand zone, closing the candle below this level. Such an event could signify a bearish momentum shift, potentially leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
RUNE/USDT Possible to back test before continue upward movement!💎 Paradisers, the recent market dynamics surrounding #RUNE have indeed been noteworthy.
💎 It appears that the price is set to revisit the demand area within the $4.98 - $4.3 range to gather significant momentum for a bounce, subsequently fueling upward movement.
💎 This momentum is crucial for testing the resistance area and breaking through for further advancement towards our target zone.
💎 However, should RUNE fail to bounce from the demand area or even break below it, the price may retreat to the OB area to accumulate orders before staging a robust bounce.
💎 The OB area still retains its freshness and possesses the potential to facilitate a strong upward movement once again.
💎 Bullish Invalidation would occur if RUNE fails to bounce from the OB area and subsequently breaks below it. Such a scenario could lead to further downward movement and potentially prolong the bearish sentiment.
MyCryptoParadise
iFeel the success🌴
EOS/USDT it is required break the resistance for continue upward💎 Paradisers, the recent market dynamics surrounding #EOS have indeed been noteworthy.
💎 EOS experienced a false break on the lower time frame (LTF), indicating the potential for a revisit to the Bullish OB area to gather momentum for another attempt at breaking the resistance.
💎 A successful bounce from the OB area and subsequent breakout of the resistance could signal bullish momentum, leading to continued upward movement.
💎 Reaching the supply area would require another breakout, potentially propelling EOS towards our target strong resistance.
💎 However, if EOS fails to bounce upon testing the Bullish OB area or even breaks below it, there's a chance of revisiting the major support area. EOS has previously bounced from this area three times, often indicated by wicks, suggesting strong buying interest at that level.
💎 Bullish Invalidation would occur if EOS fails to sustain its price above the major support area, resulting in a candle close below it. This would signify bearish sentiment and could lead to further downward movement.
MyCryptoParadise
iFeel the success🌴