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LINKUSDT | MT Long H4 | Chainlink's Supply-Demand ZonePair: HTX:LINKUSDT Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Price have bounced off 61.8% Fibo retracement levels - Price action is within two different parallel channels; 1 acts as a bottom channel support and the other is within a supply-demand zone channel - Aiming for the 32.8% Fibo Retracement with 23.6% as the TP 1 level Fundamental Confluences for Trade: - Chainlink's progress has been remarkable and their latest application, Transporter allows users to move crypto assets and data across multiple networks. - Further escalation of war risk may see risk assets get affected Suggested Trade: Entry @ Area of Interest 12.90 - 13.50 SL @ 11.59 TP 1 @ 14.48 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 16.03 Risk-to-Reward @ Approx. 2.26 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and am not responsible for any losses derived from it.
Long
by weekendanalyst
JUP/USDT Breakout Alert!! Bullish momentum for JUP movement.💎 Paradisers, #JUP is indeed a coin worth monitoring closely. 💎 JUP has successfully broken out of the ascending triangle pattern, signaling bullish momentum for continued upward movement. 💎 Currently, the price is consolidating around the support area, which previously served as resistance within the ascending triangle. If the price can bounce from this support, there's potential for further upward movement towards the resistance at 1.46 area. 💎 Breaking this resistance is crucial for JUP to sustain its upward trajectory and potentially reach our target strong resistance area. 💎 However, if JUP fails to bounce from the support and even breaks down below it, it could signal a fakeout in the pattern, which is a negative sign. In such a scenario, the price may retreat to test the demand area around $1. 💎 The demand area holds significant importance as it needs to sustain and initiate a bounce to reclaim the price above the support for the continuation of the upward movement. If JUP fails to achieve this and breaks below the demand area and the support trendline, it would confirm bullish invalidation and potentially lead to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
4
ANKR/USDT upward momentum from demand? 👀🚀ANKR analysis💎 Paradisers! Keep an eye on #ANKRUSDT, as it's showing strong signs of a bullish continuation from its current demand zone. 💎 Through careful tracking of its price action, SEED_DONKEYDAN_MARKET_CAP:ANKR has broken above its descending resistance and now appears set for an upward trajectory from the demand zone at $0.04704. If this momentum continues, we expect a vigorous bullish drive toward the supply area at $0.05604, although initial resistance might be encountered which could catalyze a significant upward movement. 💎 Additionally, it's crucial to observe the diminishing intensity of rejections at this demand level, hinting at a possible easing. Should this level give way, we're positioned to capitalize on a bullish rebound from the lower support at $0.04100. Given the substantial liquidity at this level, #ANKR is poised for a potent bullish recovery. However, a breach below this Order Block could lead to a notable decline in price. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
OCEAN/USDT ascending trendline bullish ride? 👀🚀OCEAN ANALYSIS💎 Paradisers, get ready for an enticing opportunity with #OCENUSDT as it consistently follows an ascending trendline, signaling a strong possibility of a bullish move. 💎 Historically, after a break low, we've observed a temporary trend shift. Currently, as the price navigates within the internal supply zone, maintaining its position here could greatly increase the likelihood of reaching our projected resistance levels. Notably, the price is maintaining a strong position above multiple EMAs, which bolsters the potential for an upward movement. 💎 Consider the scenario where the price fails to breach the supply zone and falls below the trendline. In this case, we would pivot to Plan B, anticipating a bullish rebound from a lower level, supported by robust liquidity. This setup increases the chances of a bullish reversal upon retesting this level. 💎 A break below the bullish Order Block (OB) could indicate a weakening of the trend, leading to a bullish invalidation and potentially significant price declines. Stay prepared to adapt your strategies as market conditions evolve. MyCryptoParadise iFeel the success🌴
OLong
by MyCryptoParadise_Simon
1
PEPE/USDT potential shift from support? 👀 🚀 PEPE analysis💎 Paradisers, turn your focus to #PEPEUSDT. It's currently displaying promising activity within a support zone, suggesting a potential bullish shift. 💎 Recently, we observed #PEPEUSDT breaking out from a descending channel, signaling the start of a bullish trajectory. It is now retesting what was once the channel's resistance, which has since evolved into a supportive base. Notably, it's positioned above the EMA 200, adding to our optimism that, following a brief interaction with the EMA, it might begin its ascent. 💎 Furthermore, the VRVP indicates significant volume at this level, enhancing the likelihood of continued upward movement. However, caution is advised: if the price fails to maintain its momentum and falls below both the EMA and the support zone, it could be pulled towards a critical demand level. 💎 As always, it's vital to implement wise trading strategies and set appropriate stop-loss measures. Stay vigilant and keep an eye out for further insights and market movements. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
AAVE/USDT It possible breakout and continue upward movement!💎 Paradisers, #AAVE is indeed a coin worth monitoring closely. 💎 Currently, AAVE is facing resistance around 98.15. Upon reviewing the chart, it appears to be in an accumulation phase, indicating potential bullish momentum if AAVE successfully breaks out of the resistance and the descending resistance simultaneously. 💎 Such a breakout could lead to significant upward movement, possibly testing our target strong resistance area. 💎 However, if AAVE fails to break the descending resistance and experiences a rejection with a bearish candle, this could signal a potential downturn. In this scenario, the price may retreat to retest the support around 79, initiating another significant downward momentum. 💎 Historically, the price has consistently bounced each time it hit the support of the accumulation phase. Therefore, if AAVE revisits this zone, there's potential for a reversal. However, if it fails to bounce and even breaks down below the support, it may head towards the key support area. 💎 In the event of an upward scenario, if AAVE revisits the key support, it's crucial to reclaim the support around 79. Failure to do so, resulting in a break below the key support, would confirm bullish invalidation and likely lead to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2
NVIDIA Earnings May 21 - Will Crypto AI Narrative AGIX Heat Up?Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Biggest crypto AI narratives AGIX gained 37%. Now the biggest question is: "Will AGIX token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?" YES , there is HIGH probability of greater reporting earnings by NVIDIA for Q1, 2024. The fact that Taiwan Semiconductor (TSMC) AI chipmaker Q1 earnings came in higher ($7.3 billion) suggests Nvidia’s could reveal the same. Trade Setups with TP, SL and Entry is shown in the chart. Good Luck!!!
A
by halian2k
NVIDIA Earnings May 21 - Will Crypto AI RNDR Heat Up?Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Biggest crypto AI narratives RNDR rose upto 20%. . Now the biggest question is: "Will RNDR token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?" YES , there is HIGH probability of greater reporting earnings by NVIDIA for Q1, 2024. The fact that Taiwan Semiconductor (TSMC) AI chipmaker Q1 earnings came in higher ($7.3 billion) suggests Nvidia’s could reveal the same. Trade Setups with TP, SL and Entry is shown in the chart. Good Luck!!!
RLong
by halian2k
PENDLE/USDT Breakout Alert! Bullish momentum for Pendle.💎 Paradisers, #PENDLE is indeed a coin worth monitoring closely. 💎 It appears that the price has successfully broken out of the falling wedge pattern, accompanied by a break of the Choch area and a reclaim of the support level. These three confirmations simultaneously signal a very bullish potential for PENDLE's movement. 💎 The price may retest the support area around 5.580 before continuing its upward trend, potentially aiming to reach the previous all-time high in our target area. 💎 However, if PENDLE fails to bounce from the support area and instead consolidates with weak volume, this could be a concerning sign. 💎 It may indicate a possible fakeout or even a breakdown below the support area. In such a scenario, PENDLE would fail to sustain its bullish movement, and the price could decline toward the demand area at $4.7. 💎 The demand area holds significant importance, so it's crucial for PENDLE to bounce from this level and reclaim the support to resume its upward movement. However, if PENDLE fails to bounce and breaks below the demand area, this could signal a bearish momentum, potentially leading to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
5
SOLUSDT | Long H4 | Buy Limit | Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 & H1 time-frame to activate our trade idea - Entry level will be a Demand Zone for Solana - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement after trade is activated Suggested Trade: Buy Limit @ 123.15 SL @ 110.24 TP 1 @ 143.74 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 169.42 Risk-to-Reward @ Approx. 3.26 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Long
by weekendanalyst
GMT/USDT Breakout Alert | GMT Seems Ready to Rally 👀🚀💎Paradisers, gear up for an exciting trading journey with #GMTUSDT! After a bullish breakout from the descending channel and a successful retest, #GMT is showing formidable strength at the $0.199 support. Now, it’s gearing up for another retest of the falling resistance of the descending channel before moving up. 💎If #GMT fails to maintain its position above the $0.199 support and dips below, we might see an extension of the bearish trend. The subsequent critical demand zone at $0.1858 is known for igniting major bullish rebounds due to its high liquidity. 💎Should NZX:GMT approach this demand zone again, a robust recovery is crucial to uphold the support. Conversely, any inability to recover could amplify bearish pressures, sour market sentiment, and potentially lead to further declines in price. 💎Stay agile and focused, Paradisers. Your ParadiseTeam is closely watching the market to ensure you’re equipped to navigate the unfolding dynamics of the #GMT market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
4
KDA/USDT on the Edge of a Major Breakout From Falling Wedge👀🚀💎Paradisers, prepare for an exciting trading opportunity with #Kadena as we stand on the brink of a potential breakout from the Falling Wedge pattern. Currently, the price is compressed between falling wedge trendlines and we are expecting a bullish breakout due to momentum gained at $0.763 support. 💎If #Kadena can't maintain its hold at the $0.763 support and slips below, we might witness a continuation of the bearish trend and a push toward the next essential demand zone at $0.708. This zone is renowned for its historical bounce-back strength due to intense trading activity. 💎Should #KDA visit this demand zone again, achieving a rebound is vital for maintaining the bullish scenario. However, failure to bounce back could intensify bearish forces, sour market sentiment, and potentially prompt additional price declines. 💎Stay alert and focused, Paradisers. Your ParadiseTeam is diligently tracking the market to ensure you’re poised to capitalize on the unfolding trends in the GETTEX:KDA market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
2
Red Alert: BTCUSD Vulnerable to Major Sell-OffToday, Bitcoin ventured to the pinnacle of its extended ascending channel, experiencing a distinct rebound. This bounce introduces a heightened risk of mounting downward pressure, potentially leading to a 20% decline in BTCUSDT. The rationale behind this projected drop lies in the proximity of the nearest support level at $57,981, aligning with the 38.2% Fibonacci retracement level and the lower boundary of the channel. Given these circumstances, exercising extreme caution in purchasing both Bitcoin and altcoins at this juncture is strongly recommended.
Short
by CryptoPAMM
OP/USDT upward momentum descending resistance breakout?👀🚀💎 Paradisers! Keep your eyes on #OPUSDT as it's showing promising signs of a bullish continuation from the demand zone. 💎 After careful observation of the price action, we’ve noted that $Optimism is on the verge of breaking through descending resistance. If it successfully breaches this resistance and maintains momentum above the EMA 100, there’s a high likelihood that the price will make a strong bullish move upward. 💎 It’s also important to consider the alternative scenario: if NASDAQ:OP fails to break the descending resistance and begins to drop, we might anticipate a bullish rebound from a lower key support zone. However, breaking below this could invalidate the bullish setup and lead to further declines in price. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
USDT.D% will ⚔️Attack⚔️ to Support zone again💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status. 💡If USDT.D% falls, we can expect the cryptocurrency market to start rising ( not all tokens, of course ). 📈From the point of view of Classical Technical Analysis , USDT.D% looks like. It has succeeded in breaking the lower line of the Rising Wedge Pattern . 🌊According to the theory of Elliott waves , USDT.D% has successfully completed the Zigzag(ABC) correction , and we have to wait for the next 5 falling waves . 🔔I expect USDT.D% to at least fall to the 🟢 Support zone(4.72%-4.53%) 🟢. Market Cap USDT Dominance% Analyze (USDT.D%), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
CRYPTOCAP:USDT.DShort
by pejman_zwin
8
BCH/USDT It shows reject potential will revisit the support area💎 Paradisers, #BCH is indeed a coin worth monitoring closely. 💎 It appears that BCH faced rejection at the resistance level after attempting to break out. Based on current price action, there's potential for BCH to retest the support area around 445. If this scenario plays out, we might witness a bounce from this support level, with BCH resuming its upward trajectory and attempting to break above the resistance at 493. 💎 A successful breakout above 493 could pave the way for BCH to target the 530 area, which serves as the next significant resistance level. Breaking through this level would be crucial for BCH to sustain its upward movement and potentially reach our target supply zone area. 💎 However, if BCH fails to bounce from the support area and even breaks below it, the next target would be the support trendline. This level is critical as it represents a key support level that BCH needs to bounce from to maintain a bullish outlook. 💎 If BCH also breaks below the support trendline, there's still one more opportunity for support at the Bullish OB area around 405 - 390. A successful bounce from this area, accompanied by a reclaim of the support level, could signal a bullish momentum shift for BCH. 💎 On the contrary, if BCH breaks below the Bullish OB area, it would confirm bearish sentiment, and the bullish invalidation would be valid. In this scenario, we could expect BCH to continue its downward trajectory, potentially experiencing further dips. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
POLYX/USDT Breakout Done from the Falling Wedge👀🚀💎Paradisers, get ready for a trading opportunity with #Polymesh! We're eyeing a potent breakout from the Falling Wedge pattern. Currently, #POLYX holding strong at the $0.354 support and going to retest the falling resistance of the falling wedge. 💎If #Polymesh doesn’t manage to spring from the $0.354 support and drops beneath it, we expect a possible extension of the bearish trend. The next vital demand zone at $0.315 is known for sparking substantial bullish recoveries thanks to its intense liquidity. 💎Should #POLYX test this demand zone once more, securing a strong rebound is essential to keep up the support. Any failure to do so might boost bearish forces, deteriorate market sentiment, and potentially trigger more price drops. 💎Keep your strategies adaptive and your senses sharp, Paradisers. Your ParadiseTeam is vigilantly monitoring and prepared to steer you through the volatile dynamics of the #Polymesh market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
2
ALGO/USDT Gathering Momentum to Breach Descending Resistance👀🚀💎Paradisers, a golden opportunity is knocking with #Algorand! Currently, there's a significant chance for a bullish reversal from the pivotal support at $0.1563. If #ALGO can hold steady at this level, it may signal the beginning of a bullish surge, potentially breaking through the descending resistance to reach our projected strong resistance area. 💎If #Algorand fails to rise from the $0.1563 support and instead dips below, we could be seeing the start of a more extended downtrend. The next essential demand zone at $0.145 has historically triggered notable bullish reactions due to substantial trading volume and liquidity. 💎If #ALGO tests this demand zone once more, it’s imperative that it recovers. Failure to do so could amplify bearish trends and sour market sentiment, potentially pushing prices down even further. 💎Stay sharp and agile, Paradisers. The current market conditions for #ALGO demand our attention and readiness to pivot strategies swiftly.
Long
by MyCryptoParadise_Simon
BLUR/USDT falling wedge near to breakout? 👀🚀BLUR analysis💎 Paradisers, take note as #BLURUSDT is showing signs of a breakout from a falling wedge, signaling a strong possibility of a bullish trend. Currently, the 21-day moving average is acting as resistance. 💎 Upon close examination, we've noticed that the Bollinger Bands are tightening, which typically increases the likelihood of an upward move. If SEED_DONKEYDAN_MARKET_CAP:BLUR successfully breaks out from the falling wedge and maintains its momentum, there is a high probability it will embark on a bullish path to overcome our specified resistance level. 💎 However, considering the inherent volatility of the market, if #BLUR fails to sustain its momentum and falls, this could indicate a weakening of the bullish stance, potentially leading to a significant price drop. Under such circumstances, we might expect a bullish rebound from the lower, strong demand level at $0.3214, though a break below this level could lead to considerable downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
3
ONDO/USDT bullish Pennant expecting breakout? 👀🚀💎 Paradisers, take note: #ONDOUSDT is currently trading within a bullish pennant pattern, suggesting a high probability of an upward breakout. 💎 Currently, #ONDO is testing the resistance of the pennant. If the price successfully breaks out and sustains momentum, there's a strong likelihood of a robust upward move targeting our predetermined resistance levels. 💎 Considering market volatility, should the price of LSE:ONDO lose momentum and break below the pennant's support, this could indicate a weakening of the bullish trend, potentially leading to a significant price decline. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
12
CHR/USDT falling wedge bullish horizon? 👀🚀CHR analysis 💎Paradisers, observe as #CHRUSDT recently broke out from a falling wedge, indicating a strong potential for a bullish move, with the 100-day moving average currently posing as resistance. 💎 Following the breakout from the falling wedge, the price is now in a demand zone. If it maintains momentum here, there's a high probability it could break through the significant resistance above. 💎 However, given the market's volatility, if NASDAQ:CHR fails to keep up its momentum and drops below the demand level at $0.3018, this could suggest a weakening of the bullish position, potentially leading to a significant decline. In such a scenario, we might see a bullish rebound from a lower, strong support level $0.2503, but breaking below this could result in substantial downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
KAVA/USDT upward trajectory from demand? 👀🚀KAVA analysis💎 Paradisers, take note as #KAVAUSDT is currently making a noteworthy move, trading within a demand zone that significantly raises the likelihood of a bullish trend. 💎 Previously, we've observed #KAVA consistently respecting descending resistance. Currently, as the price regains momentum at the demand level of $0.6489, there's a high chance that it could overcome the descending resistance and tackle the noted Bearish Order Block. 💎 However, considering the inherent volatility of the market, if SEED_DONKEYDAN_MARKET_CAP:KAVA fails to maintain its momentum and falls below the demand level at $0.6489, this could indicate a softening of the bullish stance, potentially leading to a substantial price drop. 💎Should this occur, we will shift to plan B: we may witness a bullish rebound from the lower, substantial support level at $0.5963, although breaking below this level could trigger significant downward movements. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3