ARB/USDT upward momentum descending resistance breakout ahead?💎 Paradisers! Keep an eye on #ARBUSDT as it displays strong indications of a bullish continuation from the demand zone after a breakout from descending resistance.
💎 Our meticulous analysis of the price action reveals that $ARBITRUM is poised to breach descending resistance. Should it successfully do so and sustain momentum above the EMA 100, we anticipate a robust bullish advance targeting the next supply area.
💎 The bullish journey is expected to commence once the price clears the supply area and maintains its momentum. However, it’s critical to prepare for other possibilities: if AMEX:ARB fails to surpass the descending resistance and starts to decline, we could see a bullish rebound from a lower support zone. Yet, a drop below this zone could negate the bullish outlook, potentially leading to further price drops.
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EOS/USDT It required break the resistance for continue upward!💎 Paradisers, #EOS is indeed demonstrating intriguing movements that warrant close attention.
💎 It appears that the price is poised to resume its upward movement and test the resistance area between 0.88 and 0.917. Breaking through this resistance is crucial to confirming further upward momentum, potentially leading to a reach of our target strong resistance area.
💎 However, if EOS fails to break above the resistance and encounters a strong rejection indicated by a bearish candle around 0.917, the price may retreat back into a downward movement.
💎 In such a scenario, EOS could revisit the trendline or even backtest the demand area to gather momentum for another attempt to break out.
💎 Upon reaching the demand area, it's imperative for EOS to bounce back and resume its upward trajectory in order to make another breakout attempt. Any signs of consolidation or weakness at the demand zone could signal potential challenges ahead.
💎 It's vital to closely monitor EOS's price action, particularly its ability to hold above critical support levels. A breakdown below the demand area, confirmed by a daily candle close below it, would validate bearish momentum and potentially lead to further downward movement.
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TAO/USDT On the Edge of Major Breakout From Symmetrical Triangle💎#TAOUSDT is on the verge of a major market move as it approaches the upper boundary of a Symmetrical Triangle. Currently, it's testing the channel’s resistance, supported by strong momentum at $381.8. This positioning offers a substantial chance for a breakout, setting the stage for an upward trajectory.
💎However, if #Bittensor cannot sustain this momentum and dips below the critical support of $381.8, it may signal a weakening trend with potential declines. The subsequent critical demand zone at $330.03 is our watchpoint, renowned for its liquidity and history of initiating significant upward movements.
💎In the case that GETTEX:TAO revisits this demand zone, achieving a robust rebound to affirm support is imperative. A failure to do so could intensify bearish forces, tarnishing market sentiment and potentially catalyzing further price drops.
💎Stay vigilant and adaptive, Paradisers. Your ParadiseTeam is actively monitoring and ready to navigate the potential shifts in the #TAO market.
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IMX/USDT Ready for a Bullish Reversal From a Key Support💎Attention Paradisers, There’s a vibrant opportunity for a bullish rally as #IMXUSDT is firmly following on the support of an ascending channel. Currently, it’s maintaining its stance at $2.204. With solid support at this level, #IMX is well-positioned to challenge and potentially break through the bearish order block located just above.
💎However, if #Immutable falters and descends below the $2.204 support, it might signal a weakening bullish force, potentially spiraling into a bearish trend. The next critical support zone lies at $1.98, a region known for its vigorous liquidity and history of sparking substantial upward corrections.
💎If CRYPTOCAP:IMX revisits this demand zone, securing a strong rebound is imperative to sustain bullish intentions. A failure here could amplify bearish pressures, sour the market outlook, and push prices to even lower thresholds.
💎Stay alert and adaptive, Paradisers. Your ParadiseTeam is continuously monitoring the market to ensure you’re well-prepared to navigate the dynamics of the #Immutable market.
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💎 SHIB/USDT (Shibainu) : Ready for another Bullish move? (READ)By analyzing the #Shibainu chart in the weekly timeframe, we can see that since the last analysis (2 years ago) until now, this cryptocurrency has grown by more than 350%. This growth is mainly due to two consecutive weeks of pumping, which caused the price to rise to 0.000045. Currently, the price is trading around 0.000025, and I expect that with stabilization in this range, we will see another upward movement. However, note that with the recent growth, Shiba has created a large FVG (Fair Value Gap) that I expect to be filled in the long term. The first probable target for this cryptocurrency is 0.000045.
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MEME/USDT in a Make or Break Position | Positive Signs 👀🚀💎Paradisers, #MEME is gearing up to tackle the descending resistance and we expect a major bullish towards the resistance level above.
💎Once it breaches this resistance level, we'll look for a retest to confirm the breakout, which is essential for validating the bullish momentum. If #Memecoin stabilizes at $0.0222 and continues its upward trajectory, we'll target the next resistance point outlined in our projections.
💎However, if #MEMEUSDT cannot sustain this support and falls back into the channel, it may signal a weakening bullish trend. In that case, the price might descend to the next critical support at $0.0202.
💎Historically, AMEX:MEME has managed robust recoveries from similar levels. If this pattern continues, we can anticipate a strong bounce. Yet, a definitive close below this support would shift our perspective and suggest a shift toward a bearish trend.
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ETC/USDT Gathering Momentum for a Bullish Rally From Support👀🚀💎Paradisers, brace yourselves for a pivotal shift in the #ETCUSDT market, indicating a potential bullish surge from its current position.
💎After navigating through 2 waves of profit-taking, #EthereumClassic is primed for a temporary retreat before making a rebound from the crucial Bullish OB zone at $25.73. If
BME:ETC harnesses sufficient momentum from this zone, we could witness a vigorous ascent that challenges and possibly surpasses the upper supply zone.
💎However, if #ETC falters within this vital support zone, we may need to swiftly recalibrate our strategy. Enter Plan B: focusing on sparking a bullish thrust from a lower demand zone at $22. This level is pivotal, as a fall below it could herald the start of a bearish phase in the market's narrative.
💎Stay vigilant and flexible, Paradisers. Your ParadiseTeam remains on alert, ready to navigate and lead through the dynamic shifts of the #EthereumClassic market.
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ENJ/USDT on the Edge of a Major Bullish Reversal 👀🚀 Watch It 💎Paradisers, it's time to seize a golden trading opportunity with #EnjinCoin! Currently, there's a robust potential for a bullish turnaround from the key support level at $0.257. If #ENJ can hold steady here, we're likely to see a push upwards and break through the descending channel to reach our identified resistance targets.
💎If #ENJ fails and slides below the $0.257 mark, it might signal a deepening of the bearish trend and push it toward the next vital demand zone at $0.227—a level well-known for sparking strong recoveries due to its significant liquidity.
💎If #ENJUSDT revisits this lower demand zone, securing a bounce is crucial for maintaining its footing. Failure to do so could intensify bearish forces, worsen market sentiment, and lead to further price drops.
💎Stay sharp and ready to adapt, Paradisers! Your ParadiseTeam is meticulously tracking these movements and is ready to guide you through potentially profitable shifts in $ENJ.
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BAND/USDT Poised for Bullish Breakout From Falling Trendline👀🚀💎Paradisers, it's time to focus on a stellar trading opportunity with #BAND. As the price tightens between a falling trendline and a solid support at $1.339, we are on the brink of a potential breakout. Maintaining momentum at this level could catapult #Bandprotocol past the falling trendline.
💎However, if NASDAQ:BAND falters and drops below the crucial support at $1.339, it may signal a downward spiral, directing us toward the next essential demand zone at $1.24. This zone has repeatedly catalyzed significant upward rallies due to its substantial liquidity.
💎If #BAND revisits this demand zone, it’s imperative to achieve a strong bounce to preserve support. Failure to do so could amplify bearish forces, deteriorate investor confidence, and potentially trigger further price drops.
💎Keep your strategies flexible and your senses keen, Paradisers. Your ParadiseTeam is vigilantly monitoring the market, ready to guide you through the dynamic shifts of the #Bandprotocol market.
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TOKEN/USDT Ready to Rally or Bounce? Positive Signs Ahead👀🚀💎Paradisers, get set for an exciting trading chance with #TOKEN! Currently, the price is squeezed within the confines of a symmetrical triangle, firmly holding at the $0.095 support, ready for another test.
💎If #TokenFi fails to rally from the $0.095 support and slips below, we might witness the continuation of a bearish trend. The subsequent major support zone at $0.075 has historically triggered strong bullish recoveries, thanks to its substantial liquidity.
💎Should $TOKEN revisit this critical zone, achieving a solid bounce is crucial to maintain support. Not managing to do so could heighten bearish pressures, worsen investor sentiment, and potentially lead to further declines toward lower levels.
💎 Keep your trading strategies flexible and your observations keen, Paradisers. Your ParadiseTeam is on high alert, ready to guide you through the evolving market conditions of #TokenFi.
BONK/USDT on the Brink of a Major Bullish Breakout | Watch Out👀💎Paradisers, #BONK is at a pivotal moment as it attempts to break free from a descending channel, supported by the 100-day & 50-day moving averages—a promising sign of an upcoming bullish surge.
💎We're anticipating a slight pullback to gain the necessary momentum to smash through the descending resistance. Once it conquers this barrier if SEED_DONKEYDAN_MARKET_CAP:BONK manages to hold its ground in this zone, expect a strong push towards and possibly beyond the major resistance levels.
💎However, the markets are fickle, and caution is paramount. If BINANCE:BONKUSDT cannot maintain its momentum and dips below the key demand level of $0.00002073, this could spell trouble, indicating a potential weakening of the bullish trend. In such a scenario, a rebound from the next critical support at $0.0000182 might be our saving grace, though breaching this could lead to a significant downturn.
💎Your ParadiseTeam is closely monitoring every development to guide you through this market. Stay prepared to make your move and capitalize on the opportunities that #BONK presents.
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COMAI/USDT Imminent Breakout From Descending Channel? 🚀👀💎Paradisers, let's delve into the latest movements for #COMAIUSDT, where we're witnessing a compelling shift in dynamics.
💎Currently, #CommuneAI is retesting the resistance turned support within a descending triangle. If it manages a successful retest, it could point to a bullish reversal, sparking a rally toward the key resistance zone above.
💎However, if #COMAI fails to hold this level and faces rejection, it may indicate a downward trend, potentially pushing the price back to the weekly OB area for a fresh bullish boost.
💎The weekly OB area is a crucial support for #COMAI. If it holds, this could present an ideal buying opportunity, possibly leading to a rebound. Should #COMAI drop below this support, it might find stability in the high demand zone beneath it.
💎Nevertheless, if #COMAI breaks through this demand area, it might signal a deeper bearish turn. Stay focused and ready to adapt as we track the evolving landscape of the #CommuneAI market.
SHIB/USDT this can be a bullish momentum if SHIB success break!💎 Paradisers, #SHIB is indeed presenting intriguing movements that demand close observation.
💎 Currently, SHIB is encountering resistance within the ascending triangle pattern. A successful breakout from this pattern would signify a bullish trend reversal, potentially leading to significant upward movement and reaching our target resistance area.
💎 However, if SHIB fails to break above the pattern and experiences a harsh rejection indicated by a bearish candle, the price may retreat into a downward movement.
💎 In such a scenario, SHIB could revisit the trendline or even backtest the demand area to gather momentum for another attempt to break out.
💎 Upon reaching the demand area, it's crucial for SHIB to bounce back and resume its upward trajectory to reattempt breaking out of the pattern. Any sign of consolidation or weakness at the demand zone could signal potential challenges ahead.
💎 It's essential to closely monitor SHIB's price action, particularly its ability to hold above critical support levels. A breakdown below the demand area, confirmed by a daily candle close below it, would validate bearish momentum and potentially lead to further downward movement.
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MEME/USDT It looks promising movement if success break supply!💎 Paradisers, #MEME is indeed displaying promising movements that warrant close attention.
💎 Currently, MEME is encountering a supply area ranging from 0.0313 to 0.0327. In the previous attempt to break above this supply zone, MEME experienced rejection.
💎 If MEME faces rejection again at this supply zone, there's a potential for the price to test the demand area around 0.026. This retracement to the demand area could serve as an opportunity for MEME to gather momentum for another attempt to break out above the supply area.
💎 However, if MEME manages to break above the supply area without a retracement to the demand zone, it could signal significant upward movement, potentially leading to the attainment of our target area.
💎 On the other hand, if MEME fails to bounce off the demand area and even breaks below it, there's a possibility of further downward movement, revisiting the key support area.
💎 Historical data suggests that MEME has bounced when reaching this zone in the past, and a similar scenario might occur if MEME revisits the key support.
💎 Nevertheless, it's essential to closely monitor MEME's price action and its ability to hold above critical support and resistance levels. A breakdown below the support zone, confirmed by a daily candle close below it, would indicate bearish momentum, potentially leading to further downward movement.
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FLOKI/USDT bullish flag breakout? To The Moon 👀🚀💎Paradisers, the recent activity around #FLOKIUSDT is definitely worth noting. #FLOKI has broken out of a bullish flag pattern, indicating a likely continuation of the upward trend. The volume indicator is also showing strong momentum, reinforcing the idea of a bullish reversal.
💎 This retest phase often follows a breakout and provides a good opportunity to confirm bullish momentum. If #FLOKI maintains support and continues to climb, the next target could be the resistance zone outlined in our target range.
💎 However, if #FLOKI fails to hold support and falls below the $0.00016649 area, it might signal weakness in the bullish trend. In this case, the price could decline further toward the next significant support level at around $0.00012793.
💎 If SEED_DONKEYDAN_MARKET_CAP:FLOKI can't convincingly bounce from $0.00012793 and shows declining volume, it might indicate a breakdown in bullish momentum. A decisive close below this support area could cast doubt on the bullish outlook and lead to further bearish movement.
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ZEC/USDT descending resistance should price break above? 👀🚀💎Paradisers, gear up for a promising trading opportunity with #ZECUSDT as it challenges a descending resistance. A successful breakout could trigger a significant bullish rally.
💎 At present, the price is testing the descending resistance and we anticipate a bullish continuation from the crucial demand zone at $21.60. If the price maintains its momentum at this level, there's a high chance it will ascend, breaking through the descending resistance, with the next target potentially lying within the specified resistance zone in our trading plan.
💎 However, if #ZEC fails to hold its ground in the demand zone and falls below $21.60, this could indicate a weakening of the bullish trend. In such a case, the price may drop further towards the next significant support level at approximately $19.54.
💎 Should #ZEC fail to recover convincingly from $19.54, and if it shows a decline in volume, this might point to a loss of bullish momentum. A definitive break below this support level would compound concerns regarding the bullish outlook and could lead to a more extensive bearish trend.
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Bitcoin - all you need to know nowSome of Mt Gox Funds (MT Gox funds refer to the assets held by the bankrupt Bitcoin exchange Mt. Gox. Once the largest Bitcoin exchange in the world, Mt. Gox declared bankruptcy in 2014 after allegedly losing millions of Bitcoins to a hack. The remaining funds are now being managed to repay creditors.) have been moved overnight, not the first time we've seen this happen this and the market react temporarily poorly to it.
Definitely something to be wary of but not something to panic about for now. The tensions in the middle east and the tensions between china and vietnam are definetely something that could shake up the market even though I am fairly sure that this is not something China is about to do but more of a distraction for something...
My feed on X this morning are mega bearish that funds are being moved once again. Twitter has been shocking the past couple of weeks, value there remains minimal. Try to refrain from reading stupid takes and stick to the news etc.
Will see how we trade today following New York Opening after holiday weekend.
Looking at the chart itself, we should be holding the demand now because we got the COS with the surge yesterday evening. We broke the supply and sell off with the news. Now it is decision time for BTC to either hold this level or find it's support somewhere deeper. We will see 🫡
RAY/USDT It required break the supply to continue upward!💎 Paradisers, #RAY is indeed showing promising movements that merit close observation.
💎 Currently, RAY is encountering a supply area ranging from 1.88 to 1.97. In the previous attempt to break above this supply zone, RAY experienced a fakeout, and the current price action suggests rejection from this supply area.
💎 Consequently, there's a likelihood that the price will retest the demand zone around 1.66 to generate new momentum for another attempt to break above the supply area.
💎 However, if RAY manages to break above the supply area without a retest, it could signal significant upward movement, potentially leading to the attainment of our target area.
💎 On the flip side, if RAY fails to bounce off the demand area and even breaks below it, the price may continue downward, revisiting the Bullish Order Block (OB) area. Historical data indicates that RAY has consistently bounced when reaching this zone, and a similar scenario might unfold if RAY revisits the OB+.
💎 It's crucial to monitor RAY's price action closely, particularly its ability to hold above key support and resistance levels. A breakdown below the demand zone, confirmed by a daily candle close below it, would suggest bearish momentum, potentially leading to further downward movement.
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ALPHA/USDT It required break the resistance for reversal to UP!💎 Paradisers, #ALPHA is indeed exhibiting promising movements that warrant close attention.
💎 Currently, it appears that the price is poised to undergo a retest of the support area around 0.115 before potentially bouncing back to face the resistance zone between 0.13 and 0.1415.
💎 Should ALPHA successfully break above this resistance, it could signify not only a breakout from the immediate resistance but also from the descending pattern.
💎 Such a breakout would likely indicate a shift towards bullish sentiment, potentially leading to significant upward movement towards our target strong resistance area.
💎 However, if ALPHA fails to bounce off the support level and instead breaks down below it, there's a possibility that the price may revisit the key support area.
💎 Given ALPHA's historical tendency to bounce off key support levels, revisiting this zone could serve as a potential reversal point, allowing ALPHA to once again attempt to break through the resistance.
💎 Nevertheless, it's crucial to monitor ALPHA's ability to sustain its price above the key support area. A breakdown below this level would validate bearish momentum, and the bullish thesis would be invalidated. In such a scenario, the price may experience further downward movement.
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PIXEL/USDT Breakout alert! Showing promising continue upward💎 Paradisers, #PIXEL is indeed showing promising movement worth keeping a close eye on.
💎 Its successful breakout from the descending resistance followed by a retest indicates potential for continued upward momentum. Currently, PIXEL is poised to test the resistance of the accumulation phase around the 0.517 area.
💎 Breaking through this resistance level could trigger a bullish momentum, with only one more confirmation needed for a bullish trend reversal—breaking above the supply area at 0.597.
💎 However, if PIXEL fails to break above the 0.517 resistance and experiences a rejection with a bearish candle, it may signal a retracement back towards the 0.45 area, or even a return to key support levels for another significant move.
💎 Given PIXEL's tendency to bounce off support levels within the accumulation phase, revisiting this zone could potentially lead to a reversal and renewed attempts to break through the resistance.
💎 It's important to watch for the bullish invalidation, particularly if PIXEL fails to sustain its position above the key support level. A breakdown below this level, confirmed by a daily candle close, could indicate further downside potential, possibly leading to new lows.
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EGLD/USDT Preparing for an Explosive Breakout | Positive Signs👀💎Get ready for a potential breakout with #EGLDUSDT as it nears the upper boundary of its descending channel. Currently testing the upper limits at a crucial support of $35.15, there's a robust chance for #EGLD to smash through the channel, powered by the momentum it has built up.
💎If #MultiversX stumbles and does not sustain the push from the $35.15 level, descending below, it may signal an ongoing bearish phase, leading to the next vital demand zone at $32.91. This level is well-known for its dynamic bullish recoveries, supported by substantial liquidity.
💎If CRYPTOCAP:EGLD revisits this zone, it’s imperative for the price to firmly rebound to preserve the support. Failure to achieve this could boost bearish forces, sour market sentiment, and potentially prompt a steeper price fall.
💎Keep your strategies nimble and your vigilance high, Paradisers. Your ParadiseTeam is closely monitoring and ready to guide you through the evolving dynamics of the #MultiversX market.
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💎 BITCOIN (BTC) : a Big Move Beyond $70,000? (READ THE CAPTION)With a recent analysis of the #Bitcoin chart in the weekly (logarithmic) timeframe, we can see that the price has once again succeeded in returning above the $70,000 level. As I have mentioned multiple times in recent analyses, I am expecting an explosive move from Bitcoin soon, with targets of $77,000, $85,000, and $100,000, respectively!
Main Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
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