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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Cryptosignals
💎 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 :
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Bitcoin- would it finally break resistance?
After reaching an all-time high in March, BITSTAMP:BTCUSD started to consolidate between 61k and 71k, with a false breakdown in the final days of April. Following this false break, the price once again reached the resistance zone last week and is now consolidating again.
The overall trend remains clearly bullish, and the chart structure over the last three months is somewhat similar to the December-February consolidation.
Considering these factors, I remain bullish on Bitcoin and expect a rise to the 80k zone, if not higher. Only a price drop below 60k would change this bullish outlook.
MKR/USDT ascending trendline bullish horizon? 👀🚀MKR Analysis💎 Paradisers, get ready for a promising opportunity with #MKRUSDT as it consistently follows an ascending trendline, enhancing the likelihood of a bullish trend continuation.
💎 Previously, we observed a shift where supply turned into demand, and the price demonstrated a strong bullish movement, forming a double top before dropping and respecting the ascending trendline as support. Currently, the price has revisited this trendline, and if it can maintain its momentum at this level, there's a high probability that #MAKER will continue its bullish trajectory along the trendline.
💎 It’s important to note that if the price fails to sustain its momentum along the ascending trendline, this could indicate a weakening of the bullish trend. In such a scenario, we are prepared to take advantage of a bullish rebound from the lower demand level at $2320. The significant liquidity at this level suggests that ASX:MKR could experience a robust bullish recovery. However, a break below this demand level could result in a substantial decrease in price.
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AVAX/USDT upward momentum from descending resistance breakout? 💎 Paradisers! Keep a close watch on #AVAXUSDT as it shows strong indications of a bullish continuation following a breakout from its descending resistance.
💎 Reviewing recent movements, #Avalanche has effectively broken above its descending resistance and is now positioned for a rise starting from the demand level at $36.72. If it can maintain this momentum, we expect a vigorous advance toward higher levels, although some initial resistance might provoke a significant uptick.
💎 It’s crucial to consider that if the price struggles to maintain momentum at the current demand level, it could signal a softening of the bullish scenario. In such an event, we are prepared to capitalize on a bullish rebound from a lower support level at $35.11. The substantial liquidity at this level indicates that CRYPTOCAP:AVAX could mount a strong bullish recovery. Nonetheless, a breach below this demand level could lead to a notable decline in price.
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🦊 BONK🦊 is Ready to Pump🚀➕30%🚀🔥In the past few months, memecoins have been doing very well and they have very good profits for their followers. It seems that these few months have been 😂 memecoin season 😂; although many people are against this type of token, the fact is that there were good profits in these few months.
🦊Today I want to analyze one of the popular memecoins these days. The name of this meme is BONK .
🏃♂️ BONK is moving near the 🟢 Support zone 🟢 and 🟡 Potential Reversal Zone(PRZ) 🟡.
🌊According to Elliott's theory , BONK seems to be completing wave 4 .
📈In terms of Classic Technical Analysis , BONK has succeeded in breaking the Neckline of the Inverse Head and Shoulders Pattern in the Daily time frame .👇
💡Looking at the BONKBTC chart, we can see that BONKBTC has managed to break the neckline of the Double Bottom pattern , and this is a sign of BONK's better situation than Bitcoin .👇
🔔I expect BONK to rally at least another 🚀 ➕30% 🚀 and attack the 🔴 Resistance zone 🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bonk Analyze (BONKUSDT), 4-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.
ICP- Good buying opportunityAs you know from my previous 3-4 posts on BINANCE:ICPUSDT , I am very bullish on this project and expected the price to reach $20.
Indeed, this has happened, followed by a strong 50% correction after reaching my target.
Now, the price is trading at $12 and is near a strong support level, both technically and psychologically, around $10.
In my opinion, these prices offer a good buying opportunity and in the event of a reversal and a retest of the $20 zone, a 100% gain could be achieved.
Ethereum- Nice bullish chart structure indicates 5kLike BITSTAMP:BTCUSD and much of the crypto market, COINBASE:ETHUSD is also in a strong uptrend.
A correction began in March and concluded at the beginning of May.
After breaking out of the corrective falling wedge, the price rose again to the 4k zone, with a high likelihood of breaking above this important level at this moment
If this occurs, I expect Ethereum to reach a new all-time high around 5k or even higher.
I remain bullish as long as the price stays above 3.5k.
KAVA/USDT is Getting Ready for a Potential Breakout 👀🚀💎Paradisers, get ready for a potential breakout with #KAVAUSDT, as it navigates the confines of a Falling Wedge. Bolstered by the 50-day EMA aligning with this pattern, the price is ripe for a bullish surge. Holding steady at the support of $0.632, there's an excellent chance for #KAVA to pierce through the Falling Wedge.
💎If SEED_DONKEYDAN_MARKET_CAP:KAVA falters, losing steam at the $0.632 mark and tumbling below, we might be staring down a protracted downtrend. The next pivotal demand zone awaits at $0.606—a region renowned for its ability to trigger robust bullish rebounds, thanks to its heavy liquidity.
💎If #KAVA revisits this critical area, securing a firm rebound is imperative to sustain support. Should it fail to muster a bounce back, we could see an increase in bearish pressure, deteriorating market sentiment, and potentially deeper price declines.
💎Keep your strategies flexible and your senses honed, Paradisers. Your ParadiseTeam is diligently observing and ready to navigate you through the dynamic shifts of the #Kava market.
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AKRO/USDT Ready to Reclaim its Throne Back | Positive Signs👀🚀💎Get ready for an exciting trading opportunity with #AKROUSDT! The asset has impressively broken above the falling wedge pattern and successfully retested its former resistance. Currently, with strong support at $0.0065, there's a high chance that #AKRO will continue its rally, fueled by positive momentum.
💎If #AkroPolis loses its drive, dips back into the wedge, and breaches the lower boundary, it could suggest a lingering downtrend, directing us toward the next vital demand zone at $0.00612. This particular level is known for its strong rebound capabilities, having catalyzed significant upward movements previously due to dense liquidity.
💎If NASDAQ:AKRO revisits this zone, securing a robust rebound is essential to uphold support. Failure to do so might intensify bearish trends, sour market sentiment, and potentially cause additional declines in the price.
💎Keep your strategies agile and your observation sharp, Paradisers. Your ParadiseTeam is closely monitoring the market and is ready to guide you through the volatile dynamics of the #AKRO market.
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AVAX/USDT It looks fake out, is need reclaim for back to upward!💎 Paradisers, #AVAX is indeed a coin worth monitoring closely.
💎 It has experienced a fakeout, indicating uncertainty in the market. This could lead to a potential test of the OB (Order Book) to gather liquidity before attempting to reclaim or break the resistance level for continued upward movement.
💎 However, if AVAX successfully reclaims the price above the resistance without testing the OB first, it may signal strong bullish momentum, potentially leading to a move towards the supply area around the $47 level.
💎 Breaking through the supply area is crucial to confirm a bullish trend reversal, indicating further upward movement for AVAX.
💎 Conversely, if AVAX fails to break through the supply area and experiences a strong rejection, the price may retreat and test the support level around $39.8, which previously acted as resistance.
💎 A concerning scenario would be if AVAX fails to bounce upon reaching the OB area, potentially leading to a breakdown and a move towards the key support level.
💎 In such a case, a bearish invalidation would occur if AVAX breaks below the key support level and the daily candle closes below it, signaling a continuation of the bearish movement with potential further downward momentum.
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SOL/USDT planning bullish reversal from key support? What Next💎 Paradisers, get ready for a thrilling opportunity with #SOLUSDT as it displays signs of a potential bullish reversal from its support level.
💎 In the past, we've observed #Solana rebounding from support only to be halted by a strong rejection at the $159.64 supply level. Currently, the price is once again nearing the key support at $123.12, following an ascending support line. If it successfully reclaims this level and maintains momentum, there's a high chance it will embark on a bullish journey towards the robust resistance level of $204.64.
💎 As savvy traders, we must explore all possibilities. If the price of CRYPTOCAP:SOL fails to sustain its momentum at this key support and drops below, we anticipate a possible bullish rebound from the lower demand level at $105.92. This level has shown resilience thanks to significant liquidity, having previously upheld this demand zone. However, breaking below this level could lead to a substantial downward movement.
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BLUR/USDT Bullish Horizon from demand? What next 👀🚀💎 Paradisers, turn your attention to #BLURUSDT as it exhibits a promising potential for a bullish reversal from the demand level at $0.4413. Should it sustain momentum here, there's a strong likelihood of initiating a bullish advance, with aims to breach the supply zone and target our outlined strong resistance area.
💎 Notably, #BLUR has recently escaped a descending channel, signaling the beginning of a bullish trend. It is currently regathering strength at the demand level, which serves as a supportive base, enhanced by its position above the EMA—a factor that bolsters our optimism for an impending ascent following brief EMA interactions.
💎 Detailed analysis of the VRVP indicates substantial volume at this level, enhancing the probability of continued upward movement. However, vigilance is essential: if the price fails to maintain this level and falls below the demand, our attention will shift towards a bullish recovery from the next key demand and FVG area at $0.3632. Breaking below this level could challenge the bullish perspective, potentially leading to extended price declines.
💎 As always, employing wise trading strategies and establishing precise stop-loss measures are imperative. Stay vigilant and keep an eye on further market developments and insights.
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WOO/USDT It shows price will upward trajectory movement.💎 Paradisers, #WOO is indeed a coin worth monitoring closely.
💎 It has successfully broken through resistance and undergone a retest, with the resistance now acting as support around the $0.327 area. This sets the stage for a potential upward trajectory, with the next challenge being the supply area around $0.394.
💎 Breaking through this supply area is crucial for WOO to sustain its upward movement and reach our target strong resistance area.
💎 However, if WOO fails to break through the supply area and experiences a strong rejection, the price may retreat back downward to retest the support and gather momentum for another breakout attempt.
💎 Should WOO also fail to bounce upon retesting the support at $0.327 and instead break below it, the next significant level to watch is the demand area around $0.275. This area must hold and prompt a bounce upon testing, as it represents a critical level for WOO's price action.
💎 A bearish invalidation would occur if WOO breaks below the key support level and the daily candle closes below it. Such a development would confirm a continuation of the bearish movement, potentially leading to further price declines.
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LPT/USDT Break alert!! Possible is continue upward after retest!💎 Paradisers, #LPT is indeed a coin worth monitoring closely.
💎 After successfully breaking above the resistance area of the ascending triangle and transitioning into the support region, LPT's current price action suggests bullish momentum.
💎 The price is likely to undergo a retesting phase, potentially revisiting the support zone around $16.7 - $15.9 before resuming its upward movement towards our target strong resistance area.
💎 However, if LPT fails to bounce during the retesting phase and the support proves to be weak, it could signal a bearish turn of events. In such a scenario, the ascending triangle pattern would fail, and LPT might resume its downward movement, heading towards the demand area around $14.15.
💎 Considering the historical price behavior, LPT has previously demonstrated strong bounces when reaching the demand area.
💎 But if LPT fails to bounce at the demand zone and breaks below it, along with breaching the support trendline, it would validate a bearish scenario. This would entail the bullish invalidation, indicating a continuation of the downward movement with the price potentially dipping even further.
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STRK/USDT Ready for a Potential Surge | Positive Signs for STRK💎Attention Paradisers, a significant trading opportunity with #STRKUSDT is on the horizon as it challenges the upper bounds of a descending channel. With current momentum at the crucial support of $1.08, there's a promising chance for #Starknet to break through this channel.
💎However, if #STRK falters and fails to maintain momentum at the $1.08 support and slides below this level might signal a persisting bearish trend aiming for the next pivotal demand zone at $1.02. This zone is renowned for its capacity to initiate strong bullish responses due to its substantial liquidity.
💎If IDX:STRK revisits this demand zone, it’s imperative to achieve a decisive rebound to sustain support. Failure to do so could amplify bearish forces, worsen market sentiment, and potentially precipitate further price declines.
💎Keep your strategies flexible and your eyes sharp, Paradisers. Your ParadiseTeam is meticulously tracking and prepared to navigate you through the dynamic shifts in the #STRK market.
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TRB/USDT It shows the chart will be breakout of the descending!💎 Paradisers, #TRB is indeed a coin worth monitoring closely.
💎 It's currently moving within a descending channel pattern, and the price has successfully bounced when hitting the bottom of the channel (BOS area).
💎 There's potential for the price to test the resistance trendline of the descending channel in an attempt to break out of the pattern. If this breakout is successful, it could signal a bullish momentum for TRB, potentially leading to significant upward movement.
💎 To confirm the bullish trend, TRB would need to break above the CHoch area around the $127 level. This would provide additional confirmation that the trend has shifted back to bullish, increasing the likelihood of reaching our target strong resistance area.
💎 However, if TRB fails to break out of the descending channel and experiences a strong rejection when testing the trendline, it's possible that the price will resume its downward trajectory. A confirmation of this downward continuation would occur if TRB breaks below the BOS area at 108.8. In such a scenario, TRB could revisit the demand area around 88.4.
💎 It's important for TRB to bounce from the demand area to attempt another breakout of the descending channel. If TRB fails to bounce and breaks down below the demand area, it would confirm a bearish invalidation, indicating further downward movement for the price.
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ZEC/USDT It required break, potential significant upward move!💎 Paradisers, #ZEC is indeed a coin worth monitoring closely.
💎 Currently, ZEC is facing resistance at the 27 level. ZEC successfully breaking out of this resistance with a strong green candle would indicate bullish momentum, especially after breaking the ascending triangle pattern.
💎 However, if ZEC fails to break above the resistance and instead forms a rejection bearish candle, it could signal a potential retracement back to the support area around 24.3. From there, ZEC may gather momentum for another attempt to break the resistance.
💎 On the other hand, if ZEC breaks the resistance at 27 without retesting the demand area, it may continue its upward movement, potentially reaching our target strong resistance area.
💎 A concerning scenario would be if ZEC fails to bounce upon retesting the support at 24.3. A breakdown below this support level could lead to a further downward movement towards the key demand area at 21.6. ZEC must bounce from this area and reclaim the support level to maintain the bullish scenario.
💎 The bullish invalidation would be confirmed if ZEC breaks below the demand area, especially with a daily candle close below it. Such a move would indicate strong bearish momentum and could lead to further downward movement.
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MANA/USDT upward momentum from bullish OB? 👀🚀MANA analysis💎 Paradisers! #MANAUSDT closely as it demonstrates robust signs of a bullish continuation from the Bullish OB.
💎 Observing its recent price movements, EURONEXT:MANA has successfully breached its descending resistance and is now primed for an ascent starting from the Bullish OB at $0.4317. Should this momentum sustain, we anticipate a strong push towards the supply area at $0.5597, though we may see some initial resistance that could trigger a substantial rise.
💎 It's also important to note the reduced intensity of rejections at this OB level, suggesting a weakening of resistance. If this level fails, we are ready to leverage a bullish rebound from the foundational support at $0.3910. The significant liquidity at this level suggests that #MANA could experience a powerful bullish recovery. However, a break below this Order Block might precipitate a considerable drop in price.
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💎 GTAI/USDT : Ready for another Bull's Move ? Upon reviewing the GTAI/USDT chart in the 12-hour timeframe, we observe that the price, after the analysis on Monday, managed to increase by 12% up to $1.75! Now, this cryptocurrency is trading again in the range of $1.50, creating another opportunity for reinvestment! The expected return in the short term is between 30% to 44%, and in the long term, it will be between 180% to 250%.
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 !
Best Regards , Arman Shaban
UTK/USDT Gaining Momentum To Breach Falling Wedge? 👀🚀💎Attention, Paradisers, for a potential breakout opportunity with #UTKUSDT! As we observe #xMoney navigating a tight Falling Wedge, the price at $0.073 support shows strong potential to breach this pattern owing to the momentum it has been gathering.
💎If #xMoney cannot maintain strength at the $0.073 support and slips beneath it, this might signal an ongoing bearish trend aiming for the next key demand zone at $0.0693. This zone has a history of vigorous bullish recoveries, fueled by its substantial liquidity.
💎Should $UTK revisit this demand zone, achieving a robust rebound is essential to uphold support. A lack of rebound could intensify bearish forces, degrade market confidence, and could potentially push prices lower.
💎Stay vigilant and adaptable, Paradisers. Your ParadiseTeam is continuously monitoring, ready to guide you through the volatile dynamics of the #UTK market.
FET/USDT Ready to Rally from a Critical Support | Positive Signs💎Attention, Paradisers! #FetchAI has made a significant bullish breakout from a symmetrical triangle, solidifying its stance at the $2.179 support. Currently, we're heading for another test against the falling resistance of the triangle.
💎If #FET fails to maintain the $2.179 support and dips below, be prepared for a potential extension of the bearish trend. The crucial demand zone at $1.858, renowned for triggering strong bullish recoveries due to its robust liquidity, will be our next focus.
💎Should NYSE:FET revisit this demand zone, it needs to secure a solid rebound to sustain support. Failure to rebound could amplify bearish pressures, worsen market sentiment, and lead to further price declines.
💎Stay nimble and alert, Paradisers. Your ParadiseTeam is keenly observing and ready to navigate you through the unpredictable waters of the #FetchAI market.
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