Will #PDAUSDT Surge or Stumble? Crucial Levels to Watch NowYello, Paradisers! Are you ready for the next big move of the #PDA? Let's dive into the critical analysis for #PDAUSDT and explore the potential outcomes:
💎Currently, #PDA is navigating a pivotal demand zone, hinting at a possible bullish surge. The token has been on a descending resistance trend, but recent price action within the $0.052-$0.057 range shows promising momentum.
💎This zone is essential for sustaining any bullish movement. If #PlayDapp can hold its ground, we could see a push towards the significant resistance level at $0.087.
💎But what if GETTEX:PDA can't sustain above the Bullish Order Block at $0.062? In that scenario, we should prepare for a retest of the lower support between $0.052 and $0.057. A successful bounce here could set the stage for a strong bullish reversal, possibly leading to a breakout above this major support area.
💎However, caution is key. If #PDAUSDT loses momentum and drops below the previous low, it would negate the bullish setup and potentially trigger a substantial price decline.
Keep your eyes on the charts, and don't let market noise distract you.
MyCryptoParadise
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Cryptosignals
Will ZECUSDT Break Out or Face a Reversal? Yello, Paradisers! Are you ready to navigate the turbulent waters of the #ZECUSDT market? Let's dive into the latest analysis!
💎#ZEC is currently forming a broadening wedge pattern, approaching a critical resistance area. A successful breakout above this resistance would validate the pattern, signaling a strong bullish momentum. This could lead to significant upward movement, potentially reaching our target resistance area.
💎However, if ZEC fails to break through and faces a hard rejection, we might see the price retesting the demand area around 28.6. This could be a pivotal moment for ZEC, as it would need to build new momentum here. If ZEC fails to rebound and breaks below this demand area, it could be a bad sign, potentially revisiting the Bullish Order Block (OB) area around 23.30.
💎For the bullish scenario to remain valid, ZEC must bounce back from the Bullish OB area and reclaim the 28.6 demand zone. The bullish outlook would be invalidated if ZEC breaks below the OB area with a daily candle close. In this case, the highest probability is a further downward movement and a potential dip.
Remember, patience and strategic planning are crucial in navigating these markets successfully.
MyCryptoParadise
iFeel the success🌴
NEARUSDT on the Brink: Is a Major Bullish Breakout Looming?Yello, Paradisers! Are we about to witness a significant bullish move in #NEARUSDT? The market is buzzing as it forms a classic Cup and Handle pattern, a well-known technical setup often signaling a bullish trend continuation. Let's dive into the details and what it means for your trades!
💎 The Cup and Handle pattern consists of two main phases. The first phase, known as the Cup, features a rounded bottom that indicates a gradual shift from bearish to bullish sentiment. This is followed by the Handle, a consolidation phase that often takes the form of a small downward channel or sideways movement. The formation of this pattern is considered a bullish signal, particularly when accompanied by the right volume dynamics.
💎Volume plays a critical role in validating the Cup and Handle pattern. Typically, volume peaks at the left lip of the Cup, decreases as the price approaches the bottom, and rises again as the price forms the right lip and moves toward the breakout point. For a confirmed bullish breakout, it's essential to see #NEARPROTOCOL break above the handle resistance, ideally around the $7.311 mark, with strong volume. This could set the stage for a significant upward move.
💎 There are key levels to watch closely. The handle resistance at $7.311 is crucial; a breakout above this level with high volume is a strong bullish signal. Conversely, the handle support at $5.125 becomes important if the price fails to breach the resistance. A rebound from this support level could offer another bullish opportunity. However, breaking below this support could invalidate the bullish outlook and potentially lead to a significant price drop.
As always, the key to successful trading lies in patience and discipline. It's crucial to monitor the volume and price action around these critical levels. A breakout with strong volume could be a profitable opportunity, but remember to manage your risk and avoid making emotional decisions.
MyCryptoParadise
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SUIUSDT Long Signal📩 Pair: SUIUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: $0.75
📊 Entry 2 (DCA): $0.65
✅ Target 1: $0.88
✅ Target 2: $1.10
✅ Target 3: $1.36
⛔️ Stop Loss: $0.60
Entry Strategy:
First entry at $0.75
If the price drops, make an additional entry (DCA) at $0.65 to lower the average cost of the investment.
However, if SUI does not recover from $0.65, attention will shift to the next crucial support level in the lower demand zone at $0.60. The probability of a strong rebound here is quite high, making this level critical to watch. On the other hand, if SUI continues to decline, bears may gain control, leading to a bearish continuation, marking a significant shift in market sentiment.
Doshicoshi – Precise trading signals and top analyses to maximize your gains. 🚀💹 Get in action now!
Solana- Ready for new ATHAfter reaching the 200 milestone back in March, Solana experienced a correction, which was expected.
However, unlike other altcoins, bulls managed to maintain the price well above the 2023 lows, where the bull run started. They acted "technically", preventing the price from falling below 125, a former resistance level that has now become support.
The past three weeks have been strongly bullish, with the current week showing a continuation Pin Bar. The price is now positioned just below resistance. I anticipate a break above this resistance, and if that happens, SolUsdt will likely reach a new all-time high.
In my opinion, 300 is a reasonable target for Solana.
#WOOUSDT On the Edge of a Major Breakout | Watch Out For ItYello, Paradisers! 🚀 Could #WOO be on the brink of a breakout? Let's look at the analysis of #WOOUSDT and see how it can turn out:
💎#WOO is gearing up for a major breakout from its descending channel on a daily timeframe. The price has consistently respected the trendlines within this formation, but recent developments suggest we could be on the verge of a significant move.
💎#WOO is currently testing the critical support zone of $0.1833, a crucial area brimming with liquidity. This zone could serve as a launchpad for a breakout above the descending resistance line, potentially marking a trend reversal and aligning with our bullish forecast.
💎A bounce from the major support zone at $0.1833 could ignite an upward rally. Watch for strong buying interest here.
💎If the liquidity at the major support zone isn't enough, we might see a move down to $0.156. A strong buying response at this level could still spark a bullish run for #WOO.
💎However, if both the major and lower support levels fail, #WOOUSDT might face increased bearish pressure, possibly leading to further declines.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
From Monthly to Daily: Bitcoin’s Bullish Surge Above $100KI'm not a "to the Mooner", and when I thought Bitcoin was going down, I said so, even though I knew I'd get some negative comments.
I'm not a perma-bear either...
In fact, at the beginning of this month, I mentioned that the break under 60k is most probably a false break.
I try to stay as objective as possible, trading based on what I see rather than my biases, and right now everything I'm seeing looks extremely bullish
I'll break down my analysis from monthly to daily because I believe all signs point to Bitcoin reaching 100k or more by the end of the year.
Monthly Chart Analysis:
Starting with the monthly chart, although I'm not an Elliott Wave (EW) expert, it's quite clear that from the 15,500 bottom, we have an impulsive EW structure.
The first wave reached 31.5K, followed by a correction in the second wave down to 25K. Wave three then surged to 74K, and now we're experiencing the complex correction that typically characterizes wave four.
Going further with basic Elliott Wave (EW) theory, Wave 1 shows an approximate 100% increase from 15,500 to 31,500.
Wave 3 then surged from 25,000 to 74,000, an approximate 200% increase.
After a correction in Wave 4 down to 54,000, we can now project Wave 5 using these percentage movements.
Using the percentage increase of Wave 1 (100%) and applying it to the bottom of Wave 4 (54,000):
- A 1.0x extension of Wave 1’s percentage increase suggests Wave 5 could rise by approximately 54k (54,000 * 1.0), reaching a target above 100k.
- A more bullish scenario, using a 1.618 extension of Wave 1’s percentage increase, suggests Wave 5 could rise by approximately 90,000 (54,000 * 1.6), reaching a target of 144,000.
Therefore, considering these percentage movements and the high volatility of Bitcoin, the potential target for Wave 5 could be between 100k and 150k, depending on market conditions and the exact nature of Wave 5.
Weekly Chart Analysis:
Refining to the weekly chart, we observe a notable upward movement from 25 to 74, followed by a correction that forms a bullish flag pattern.
The bottom of this flag pattern aligns around the 38% Fibonacci retracement level, which is typical for flag formations.
Additionally, from a price action perspective, the last three weeks exhibit strong bullish tendencies, with the current week presenting a bullish continuation Pin Bar.
Applying the measured target for the flag pattern projects a value above 100k.
If we were to apply a percentage-based target similar to the wave analysis, it would suggest 150k, but it's prudent to hold off on that projection for now (though this would approximately equate to a 1.6 extension from the monthly wave analysis).
Daily Chart Analysis:
Zooming in further to the daily chart, we clearly see a false break followed by a reversal back above 60k.
The recent correction dropped to a horizontal support level, concluding with a Pin Bar. Adding to this, yesterday's bullish candle completes a strongly bullish Morning Star pattern, indicating a likely imminent break of the resistance level.
Overall Perspective and Conclusion:
Looking at Bitcoin's behavior from monthly down to daily charts, the outlook remains very positive.
The long-term wave analysis suggests significant growth potential. On the weekly chart, the bullish flag pattern points to further gains, and the daily chart's reversal patterns reinforce this bullish sentiment.
In summary, Bitcoin is showing strong signs of upward movement across all time frames. While conservative targets point to around 100k, the possibility of reaching 150k isn't off the table if the bullish trends continue.
As always, it's wise to watch for key resistance breaks to confirm these bullish projections.
Best of luck!
Mihai Iacob
Breakout Alert: #BCHUSDT Poised for Major Bullish RallyYello, Paradisers! 🚀 Are you ready to catch the next big move in #BCHUSDT? We have been monitoring #BCH for a while and now is the best time to pay attention:
💎#BCHUSDT has broken free from its longstanding descending channel, signaling a potential upward trajectory. After navigating this channel for a considerable period, #BitcoinCash has successfully breached it.
💎50EMA and increasing trading volume is reinforcing this bullish momentum. The key resistance level at $403 has now turned into a crucial support. This support level is pivotal as it has been respected multiple times in the past. If #BCH maintains its momentum above $400, there's a high probability of a sharp upward move.
💎However, if the price descends below the $400 support level, the scenario changes. In this case, the probability leans towards a bullish rebound from the lower, formidable support at $346.
💎If this support also fails to provide the necessary push to the NYSE:BCH , there's a high probability of a rebound from the support at $310.
💎While some inexperienced traders might be tempted to short at this point, it's essential to maintain a broader perspective and wait for proper price action. A break below the $310 support will likely trigger a significant downward move, causing the price to drop further.
Don't get caught in the noise; focus on the bigger picture and make informed decisions.
MyCryptoParadise
iFeel the success🌴
ADA/USD Main trendThe main trend (to understand where the price is and what is the general trend). Logarithm. Timeframe 1 month. Price in a secondary downtrend is approaching a mirror support level (marked in yellow, former resistance).
Against the dollar on the monthly timeframe, there is now a large bowl with a handle, which I have displayed on this chart.
Pump/dump news.
Cardano's developers have activated the Vasil hard fork on the testnet. The Vasil hard fork was successfully completed on the Cardano testnet.
Vasil will enable faster block generation and increase the scalability of decentralized applications (DApps) powered by Cardano.
Vasil is expected to launch on the mainnet in about a month.
In other words, if the market allows, then in about 1 month a local pumping (trend reversal) is planned, if the market is sluggish, then Vasil will be canceled for some far-fetched reasons or the event will not be widely advertised.
Remember when the US congressional elections.
The same parameters on the line graph.
Secondary trend. Downlink zone. Timeframe 3 days.
ADA/USD Secondary trend.
Local trading situation Timeframe 1 days.
ADA/USD Local trading situation
VANRY/USDT Approaching Support (SELL)The price is approaching the support level of 0.1021, identified on July 25. This pattern is still in the process of forming, indicating a potential bearish price movement. There is a possibility of the price declining towards the support level of 0.1021 within the next 8 days. Traders should watch this pattern and consider the potential for further downward movement in their trading strategies.
NOT/USDT Channel Down (SELL)The Channel Down pattern was identified on July 23, indicating a potential bearish price movement. This pattern is still forming, suggesting that the price may continue to move lower. There is a possible decline towards the support level of 0.0093 within the next 5 days. Traders should monitor this pattern closely and consider the potential for further downward movement in their trading strategies.
BANDUSDT LONG ✉️ Pair: BANDUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: 1.550
📊 Entry 2 (DCA): 1.000
✅ Target 1: 2.000
✅ Target 2: 2.500
✅ Target 3: 3.000
⛔️ Stop Loss: 0.950
BAND Analysis:
Previously, #BANDUSDT has been trading within a descending channel on the 1D timeframe. #BAND has broken out of the descending channel and retested the breakout zone. This pattern is often a precursor to a bullish run. Currently, #BANDUSDT is testing a significant resistance level. A break above this could propel the price toward the upper supply zone, with a target around the strong resistance at $2.5.
If the $1.5 support fails, the next major support to watch is $1.0. This area is crucial, packed with liquidity, and could spark a bullish rally if tested.
Entry Strategy:
- Main entry: 1.550
- Additional entry (DCA): 1.000
Monitor volume and breakout confirmations closely. If #BAND breaks above the resistance level with good volume, it is likely to reach the specified resistance levels.
"Manage your risk – never trade with more than 1% of your capital on a single transaction."
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#ICX/USDT LONG CHART IDEA#ICX/USDT LONG CHART IDEA
Leverage: 20x
Entries: $0.1681
Take profit 1: $0.1815
Take profit 2: $0.2188
Take profit 3: $0.2615
Stop Loss: $0.1512
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:ICXUSDT.P
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Can #TFUELUSDT Ignite a Bullish Run from the Demand Zone?Yello! Is #ThetaFuel (#TFUELUSDT) poised for a breakout? Let's look at the latest analysis and see what's going to happen next:
💎Currently, #TFUEL is trading within a crucial demand zone, indicating a high probability of a bullish move. The token has been navigating a descending resistance trend for some time, but recent price action shows strong momentum within the $0.066-$0.071 range.
💎This zone is crucial for sustaining momentum. If SEED_DONKEYDAN_MARKET_CAP:TFUEL can maintain its current trajectory, the next target is the key resistance level at $0.115.
💎But what happens if the price fails to hold at the major support between $0.066 and $0.071? In this case, we'll be looking for a retest of the lower support around $0.056. A successful retest here could confirm a robust bullish reversal, setting the stage for a potential breakout above the major support area.
💎However, caution is warranted. If #TFUEL loses momentum and falls below the previous low, this would invalidate the bullish outlook and could lead to a significant price decline.
Keep an eye on these critical levels and be ready for whatever comes next.
MyCryptoParadise
iFeel the success🌴
#C98USDT Ready for a Bullish Breakout or Further Downward Move?Yello! Are you ready for an exciting move in the BINANCE:C98USDT market? Let's look at the detailed analysis of the #Coin98 and see what will happen ahead:
💎Currently, FWB:C98 is compressed within a falling wedge pattern, a classic bullish reversal signal. But what makes us confident in an upcoming breakout? It's the combination of increasing trading volume and improving macro market sentiment.
💎The 20EMA is on the verge of crossing a significant threshold and the Point of Control (POC) of VPVR is acting as a robust support, bolstering our bullish outlook.
💎However, there's always a plan B in trading. If FWB:C98 gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $0.148. This level has consistently provided strong support and is rich with liquidity.
💎Should FWB:C98 fail to bounce back from the $0.148 support, our eyes will be on the next critical level at $0.131. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.
💎But remember, if FWB:C98 breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.
As always, trade smart and stay updated with the latest market insights.
MyCryptoParadise
iFeel the success🌴
Flow's Next Big Move: Bullish Surge or Deep Correction?Yello, Paradisers! Have you been tracking #FLOWUSDT? If not, now's the time to pay attention! This cryptocurrency is showing promising signs of a bullish continuation from its current support, and you won't want to miss it.
💎#FLOWUSDT recently broke above a critical resistance level at $0.647, signaling a strong upward movement. This breakout marks a crucial moment for potential gains, as resistance has now turned into support. If #FLOW maintains this momentum, we could see a surge toward the Fair Value Gap (FVG) at $1.045. This level will be pivotal in determining the next phase of market action.
💎Market sentiment also appears to be shifting, with diminishing intensity of rejections at the resistance zone, suggesting a possible ease in selling pressure. If the price of #FLOW fails to sustain momentum at the support level of $0.647, we are looking for a bullish rebound from the lower demand zone at $0.539.
💎However, it's crucial to be cautious. A breach below the demand level at $0.539 could lead to a significant decline. This demand zone is critical as it holds substantial liquidity, making it a potential point for either a bullish recovery or a deeper correction.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
Filecoin / FIL & FVMFilecoin rose sharply on Friday but why? The jump fueled social media excitement about the blockchain’s March 1 launch of its Filecoin Virtual Machine aka FVM, a software platform that will introduce smart contracts and enable developers to design decentralized applications on the Filecoin network.the coin’s price jumped from $5.4 at 10:00 UTC to a high of $8 at around 5 22:00 UTC.
Filecoin announced that it will launch smart contracts in Mar'23, making it a fully-fledged L1. FIL rose by 23% in 24 hours. There are currently 3,785 active miners on the Filecoin network, storing 18.767 EiB of information, and staking 134,023,969 FIL.
The price of FIL is $9.19 today with a 24hour trading volume of 1.2 billion dollar. This represents a 22% price increase in the last 24 hours and a 80% price increase in the past 7 days
FIL saw an increase in open interest rate, denoting increased demand and bullish sentiment in the futures market.
next targets for Fil are 9.5 and 9.9$ and stop loss at 8$
FLOWUSDT LONG ✉️ Pair: FLOWUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: 0.677
📊 Entry 2 (DCA): 0.600
✅ Target 1: 0.750
✅ Target 2: 0.850
✅ Target 3: 0.950
⛔️ Stop Loss: 0.550
FLOW Analysis:
#FLOW has formed a falling wedge on the higher time frames, and this pattern took 4 months to develop. Currently, #FLOW is at the descending resistance of the wedge and has surpassed the previous week's high. If #FLOW breaks above the falling wedge with significant volume, we could see it reach the target levels, which are the mentioned resistance levels.
Entry Strategy:
Main Entry: 0.677
Additional Entry (DCA): 0.600
Note: Monitor volume and breakout confirmations closely. If #FLOW breaks out of the wedge with good volume..
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BANDUSDT Bullish momentum - get ready for continue upward!Yello, Paradisers! Is #BANDUSDT poised for a significant move upward ? Let's break down the analysis.
💎#BAND has successfully reclaimed support and broken out of its descending pattern. Currently, the price looks to rebound after retesting this support, with a high probability of continuing upward to challenge the resistance at $1.85. A decisive breakout above this resistance could signal a significant upward move, shifting the trend back to bullish momentum and potentially reaching our target strong resistance area.
💎However, if BAND fails to break this resistance, we might see a retest of the support line. In a bearish scenario, a downward move could bring BAND to the demand zone around $1.108.
💎BAND has a strong history at key support levels. In previous instances, whenever the price hit this zone, it rebounded and moved upward. A bounce from this strong demand area would validate the bullish momentum. Conversely, failure to hold this level would invalidate the bullish outlook, increasing the probability of a downward dip.
Remember, consistency and patience are the keys to long-term success in the crypto market.
MyCryptoParadise
iFeel the success🌴
LTCUSDT A Potential Breakout or a Reversal in Sight?Yello, Paradisers! Could this be the perfect moment for #LTCUSDT to shine? Let's dive into the analysis.
💎#LTC has experienced a successful breakout but faced rejection at the resistance zone. Currently, the price is testing the trendline, with a high probability of continuing upward to challenge the resistance at $75 - $77.75. A decisive breakout above this resistance could signal a significant upward move, switching the trend back to bullish momentum and potentially reaching our target strong resistance area.
💎However, if LTC fails to break this resistance, we could see a test back to the support line. In a bearish scenario, if Bitcoin retraces to the $63k area, LTC could drop to the demand zone around $64.5.
💎LTC has a strong history at key support levels. In previous instances, whenever the price hit this zone, it rebounded and moved upward. A bounce from the strong demand area would validate bullish momentum. Conversely, failure to hold this level would invalidate the bullish outlook, increasing the probability of a downward dip.
Remember, consistency and patience are the keys to long-term success in the crypto market.
MyCryptoParadise
iFeel the success🌴
#XRP/USDT SHORT TRADE IDEA#XRP/USDT SHORT TRADE IDEA
Leverage: 20x
Entries: $0.5981
Take profit 1: $0.5815
Take profit 2: $0.5443
Take profit 3: $0.4834
Stop Loss: $0.6368
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:XRPUSDT.P
Thanks
The sroced.
Altseason ahead: Bitcoin Dominance - a Pullback, or Reversal?BTCDOMUSDT is showing signs of being overheated, and we believe the price may have topped out, at least in the short term. This comes after a strong rejection at the double Fibonacci resistance level around the psychological 2600 mark, suggesting that a significant pullback could be coming.
Currently, the price seems ready for a relief bounce, which should mark the beginning of a long-term trend reversal. If this scenario plays out, we might witness a massive altcoin rally as funds rotate out of Bitcoin dominance and into alternative cryptocurrencies.
Keep an eye on this setup, as it could signal an exciting opportunity for altcoin traders. Prepare for the potential shift, and stay tuned for what could be an electrifying period in the crypto markets! 🔥
#SANDUSDT: Poised for a Breakout or Set to Slide Further Down?Yello Paradisers! Is #SAND gearing up for a breakout, or are we in for more downside? The chart's current setup shows a potential move that could go either way. Let's dive into the key levels:
💎#TheSandbox is currently navigating within a falling wedge pattern, a formation typically seen as bullish. The price is heading towards the upper resistance of this channel, and we've noticed an accumulation phase on the daily (1D) timeframe, which supports a bullish outlook.
💎A breakout above the wedge's upper resistance will be promising, but remember, confirmation is crucial. You need to wait for a successful retest of the breakout level to ensure it's not a false signal.
💎There is a major support are between $0.278-$0.298. If #SANDUSDT fails to break out and continues to fall, watch for a retest of this key support zone. It's a critical area that could determine the next move.
💎Should the macro market sentiment turn bearish with significant selling pressure, #SAND might revisit its liquidity-packed area and strong medium-term support at $0.247. This zone is critical as it has historically provided substantial support.
💎If the major and medium-term support levels fail to hold, #SAND could see further declines. Keep a close eye on the overall market sentiment, especially Bitcoin's movements, as they will heavily influence #SAND's price action.
Stay focused, and remember, the key to success in these markets is a well-thought-out strategy and the patience to stick with it.
MyCryptoParadise
iFeel the success🌴