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ETHUSDMost likely, such a strong growth occurred against the backdrop of news about ETFs on Ethereum. The deadline for approval of Ethereum ETF applications is May 24. For further growth, you need to break through the resistance at $2,732 and consolidate above this level. Targets in case of further growth are marked with blue lines. As in the case of Bitcoin, we do not buy Ethereum yet, because it is dangerous. Also keep in mind that there is quite a lot of liquidity in the $1870 zone. Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
BITSTAMP:ETHUSD
by Andrey_Crypto
1
PYTH/USDT A Bullish Trajectory in Sight?👀🚀PYTH Today Analysis💎 Paradisers, prepare for an attractive trading opportunity with #PYTHUSDT, as it's showing potential for a bullish continuation following a retest of its demand zone. 💎 Examining #PYTHNETWORK past performance, we've observed its consistent movement within a descending channel. Interestingly, it has also formed a cup and handle trajectory. Currently, it has broken above the handle, increasing the likelihood of a bullish move from the retest of the demand level at $0.35044. If the momentum is sustained, our target is set above the major supply zone at $0.55717. 💎 Nonetheless, in the ever-changing world of trading, having an alternate strategy is key. Should our initial analysis not come to fruition, we're ready to pivot to a potential bullish rebound from a lower support level at $0.30686. Keep in mind, however, that breaking below this level could lead to a considerable bearish descent.
Long
by MyCryptoParadise
AGIX/USDT potential move at key demand? 👀🚀AGIX Today Analysis💎 Paradisers! #AGIXUSDT is on the brink of what looks like a profitable leap, showing all the signs of picking up steam from its key demand zone. 💎 #AGIX is a cryptocurrency that has recently taken a dip below the demand level, nudging the market vibe towards the sell side. It follows a descending channel and has respected channel resistance twice. However, with the price brushing against buying liquidity around this key point, a bullish rebound from the deeper demand at $0.22058 seems on the horizon. 💎 If #AGIX can keep up the pace after hitting this mark, we’re potentially looking at a climb towards the juicy supply zone at $2.4078. 💎 But let’s not forget, the trading arena is all about staying one step ahead. If #AGIX fails to keep the bullish energy alive from its lower stance, a further drop could be in the cards.
ALong
by MyCryptoParadise
EGLD/USDT Bracing Bullish Shift from Support?👀 EGLD Analysis💎 Paradisers, focus on #EGLDUSDT, as it's showcasing a pattern that strongly suggests a bullish surge from its support level. 💎 #MultiversX is currently flirting with its resistance level, teetering on the edge of a breakout. It's nudging the short-term 0.618 Fibonacci retracement near $55.45 but has recently faced a setback at this fib level. 💎There's a chance CRYPTOCAP:EGLD might not sustain the initial momentum needed for a breakout. If so, we could see a downward consolidation before another crucial retest at our current support of $51.58. Once this level is firmly retested, we anticipate a significant upward movement.
Long
by MyCryptoParadise
1
BLZ has formed a Bullish SetupBLZ has formed a Bullish Setup. After the bounce from the support zone I expect that it continues to go up. 🔵Entry Zone 0.3913 - 0.007630 🔴SL 0.3869 🟢TP1 0.4094 🟢TP2 0.4297 🟢TP3 0.4769 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
4
ORN/USDT Bullish Breakout from a Key Pattern? 🚀ORN Analysis💎 Paradisers, focus on #ORNUSDT, as it's currently trading in a demand zone and following a 'cup and handle' pattern, hinting at a potential bullish surge. 💎 A noteworthy aspect of #OrionProtocol is its current formation of the Cup and Handle bullish reversal pattern. We're on the lookout for a breakout above soon. If it can keep up the momentum at the demand level of $0.7793, we might be looking at a strong push towards the $1 mark. 💎 There's also another critical level to keep an eye on - the lower demand at $0.7117. If #ORN starts to lose steam, we anticipate a bullish rebound from this lower demand level. However, a dip below this could invalidate the current bullish setup.
OLong
by MyCryptoParadise
5
FIL/USDT Poised for a Bullish Surge from Key Support?🚀Filecoin💎 Paradisers, turn your attention to #FILUSDT, which is signaling the potential for a bullish breakout from its current support level within a falling wedge pattern. 💎 Examining #FILECOIN recent activity, we've noticed encouraging signs after it retested the falling wedge pattern. Presently, as it approaches the support level of $3.919, there's a strong likelihood that it could maintain momentum and launch into a robust bullish climb towards a significant resistance level. 💎 However, it's crucial to prepare for alternate scenarios. If #FIL struggles to keep its upward trajectory and falls below the support, this could negate our bullish setup and potentially lead to steep declines.
Long
by MyCryptoParadise
2
STX/USDT Bullish ride boom from demand?🚀 STX Analysis💎 Yello ladies and gentlemen! Get ready for an exciting chance with #STXUSDT as we've spotted it bouncing around in a range, hinting at potential price movements ahead. 💎 Checking out #STACKS, it's been giving a nod to its short-term resistance (RI). We're eyeing a bullish leap from the demand zone at $1.4324, but that's banking on the price keeping up its energy at this level. If it manages to do so, we might just see it bust through RI and embark on a bullish journey. 💎 Ready to catch every opportunity? Keep your eyes peeled if the NASDAQ:STX slips below the DZ. In that case, a cool, calculated wait for a bullish swing from the lower demand zone at $1.1776 is the move, thanks to the juicy liquidity waiting there. Dipping below that? Brace for a possible dip.
Long
by MyCryptoParadise
UNI/USDT Bullish ride boom from demand?🚀 uniswap 💎 Yello Paradisers! Dive into an electrifying opportunity with #UNIUSDT as it's showing some lively action within a trading range, signaling upcoming price action from the demand zone. 💎 Focusing on #UNISWAP, it's been acknowledging its short-term ceiling at a supply level of $6.630. We're setting our sights on a bullish breakout from the demand area at $5.570, assuming the price continues to rally at this critical level. Achieving this could catapult it through the supply barrier and onto a bullish path. 💎 Eager to seize all possibilities? Stay vigilant for any #UNI downturns below the demand zone. Should that happen, prepare for a strategic play: a bullish rebound from the deeper demand zone at $5.256, buoyed by significant liquidity. Falling further? Gear up for more challenges ahead.
Long
by MyCryptoParadise
TLM/USDT Navigating a Promising Shift from Supply Zone?💎 Paradisers, observe closely as #TLMUSDT embarks on an intriguing trajectory, enhancing the chances of a significant move from the supply zone. 💎 Reflecting on our recent analysis, TLM has surged past the falling wedge, hinting at a potential uptrend continuation. Currently, as the price edges towards the supply zone at $0.01439, should it adhere to this level, we might anticipate a retreat to a critical support. 💎 Conversely, should the price advance beyond this juncture, we're setting our sights on a continued rise. As astute traders, we'll sidestep the pitfalls and remain alert to capitalize on the unfolding opportunities.
Long
by MyCryptoParadise
3
NTRN/USDT Eyeing Breakthroughs and Potential Moves? 👀 🚀 💎 Yello Paradisers, it's time to zoom in on #NTRNUSDT as it showcases a captivating pattern, edging towards a significant resistance and hinting at upcoming action. 💎 Tracking its journey, SEED_DONKEYDAN_MARKET_CAP:NTRN has been adhering to a descending channel pattern but has recently surged past the resistance level of $1.2300, now eyeing the next hurdle at $1.3790. Here's where it gets interesting: breaching the $1.3790 mark could set #NTRN on a path towards challenging even higher resistances. 💎 What's a savvy trader to do? If the ascent stalls, anticipate a bullish push from the lower support at $1.2005. A dip below this level could pivot us towards a downward trend.
Long
by MyCryptoParadise
OCEAN/USDT Ready for a Bullish movement? Break key resistance!💎 OCEAN has recently experienced significant market dynamics. The breakout of the Cup and Handle pattern with substantial volume and a strong green candle indicates bullish momentum. 💎 Currently, OCEAN is in the retesting phase, approaching the previously resistant support level (the neckline of the Cup and Handle pattern). 💎 If this pattern holds, we can expect the price to bounce off this support level and probability continue its upward movement towards our target area, which is the Bearish OB area. 💎 However, if OCEAN fails to bounce during the retesting phase and even breaks down below the support area, it could signify a false breakout. In such a scenario, the chart pattern would be invalidated, and the movement could shift back to a downward trend. 💎 This would potentially lead the price back towards the demand area around 0.4 or even towards the strong support area if OCEAN fails to find support at the demand level.
O
by MyCryptoParadise
LDO/USDT Could LDO Break out the Resistance of ATH ??💎 LDO has recently experienced significant market dynamics. Initially, it faced a strong rejection upon attempting to break the resistance at its all-time high, resulting in a significant downward movement back to the demand area. 💎 Currently, LDO appears poised to make another attempt at breaking the resistance ATH, especially as it has also broken out of the ascending channel. 💎 If LDO successfully breaks the resistance ATH on its second attempt, we may witness a notable upward movement, potentially reaching our target area. However, if LDO fails to break this resistance for the second time, there is a possibility that the price will retreat to the demand area to gather momentum for another attempt at breaking the resistance. 💎 LDO must bounce from the demand area upon retracement, as failure to do so could signify weakness in the market. A breakdown below the demand area would be a concerning sign, potentially leading to further downward movement toward the support area or even breaching the ascending channel.
by MyCryptoParadise
JASMY is extremely Bullish JASMY is extremely Bullish. we might have a Pullback before the next up run 🔵Entry Zone 0.007098 - 0.007630 🔴SL 0.006377 🟢TP1 0.008312 🟢TP2 0.009148 🟢TP3 0.010528 🟢TP4 0.012042 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
IMXUSDT Bullish Surge from Demand Zone? 🚀 ImmutableX💎 Paradisers, gear up for an exciting trading moment with #IMXUSDT, showcasing signs of a bullish continuation from its vibrant demand zone and FVG. 💎 Treading through #ImmutableX journey, it's been ascending from a key supply level at $3.3580. Despite a brief slowdown, we're setting our sights on a bullish leap from the demand level of $3.1640. Maintaining momentum here could kickstart the bullish trek we're envisioning. 💎 If the drive behind #IMX starts to wane, anticipate a dynamic recovery from the robust demand at $2.8882. With the area's rich liquidity, we're optimistic about a bullish ascent from the Bullish OB. However, a fall beneath this pivotal point could signal a shift towards a more pronounced bearish trend.
Long
by MyCryptoParadise