ARPA INVERTED HEAD AND SHOULDER ARPA confirms a bullish breakout on the neckline/key level formed with the inverted head and shoulder pattern, where we are waiting to see a rally to the upside which is about to claim the completion of its bullish leg that is expected to be created with the breakout confirmation.
Cryptosignals
BITCOIN (BTCUSD): Bearish Reversal Confirmed?! ₿
I see 2 strong bearish patterns on Bitcoin chart on a daily.
The price broke and closed below a support line of a wide horizontal range.
Within the range, the market also formed an inverted cup & handle formation.
Its neckline was also broken.
These bearish signals make me think that BTC may easily drop lower.
Closest support - 53200
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FTM/USDT it shows price will be back test on the support!💎 Paradisers, #FTM is indeed catching the eye as a coin worth monitoring closely.
💎 After facing rejection at the resistance area, it appears poised to revisit the support region around 0.568 in search of renewed momentum.
💎 Should FTM successfully find support and bounce from this level, it could potentially form a double bottom pattern, with the neckline acting as resistance around the 0.798 mark.
💎 To validate this pattern and shift back to a bullish trajectory, FTM must break above both the resistance and the descending trendline of the pattern. If successful, this breakout could pave the way for further upward movement, possibly leading FTM to retest our target strong resistance area.
💎 However, if FTM fails to find support at the aforementioned level and instead breaks below it, this could signify a bearish continuation, with the price likely heading towards the next significant level, the Bullish OB area around 0.449.
💎 Reclaiming the support at 0.568 would be crucial for FTM to maintain its bullish momentum. Should FTM fail to bounce even after reaching the Bullish OB area, it would signal a bullish invalidation, indicating a continuation of the bearish trend.
⚠️BITCOIN AT RISKS! ANOTHER DROP AHEAD TOWARDS $51K ❗️Bitcoin has confirmed another major breakout on the long-held support created at the $60k region. Here I witness a breakout and pullback price action which indicates a potential downside shift toward the next support created at $51k zone. If the bearish sentiment creates the required selling pressure, we may see another hard dump towards this price zone.
Watch closely for the price action under the lower timeframe for a bearish flag or indication that can support the bearish perspective we hold here. Looking for a short setup personally which can be targeted towards the next support.
WLD/USDT Is on the support area, possible to bouncing and upward💎 Paradisers, #WLD is indeed garnering attention as a coin worthy of close observation.
💎 Currently, it has retraced to a key support area after successfully breaching the descending resistance, only to face rejection at the resistance level of $6.4 - $5.9.
💎 For WLD to regain bullish momentum, it must bounce decisively from this support level and attempt to break above the resistance zone.
💎 A successful breakout would confirm a return to bullish sentiment, signaling further upward movement with potential targets set around our supply zone area.
💎 However, if WLD fails to find support at this level and instead breaks below it, the price could descend further to the next significant level, possibly around the demand area at $3.23. This scenario might involve a quick price drop, potentially triggering liquidations, before the price attempts to reclaim ground above the support area, should the upward trajectory still be desired.
💎 The bullish scenario would be invalidated if WLD also breaks below the demand area on the lower timeframes. Such a move would confirm sustained downward pressure, likely resulting in further significant dips.
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Bitcoin (BTCUSD): Important Key Levels ₿
The last 2 days are very negative for Bitcoin.
The market is currently trading around 57000.
Here are the important key levels to watch.
Resistance 1: 59200 - 61300 area
Resistance 2: 66850 - 69100 area
Resistance 3: 71600 - 73800 area
Support 1: 52200 - 53000 area
Support 2: 50500 - 50700 area
Support 3: 46900 - 49100 area
If the market closes below the Resistance 1 today,
it will open a potential for a further bearish continuation
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btc → needs more correctionhello guys...
as you can see btc made a range.
on the other hand, this coin broke down the ascending channel.
the gray area seems a great target for the short position.
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BAD/USDT upward from demand what next? 🚀BAD Analysis💎 Paradisers, get set for a promising trading prospect with #BADUSDT as it shows a strong likelihood of bullish continuation from the demand zone.
💎 Recently, BCBA:BAD has been adhering to a descending channel trajectory, and it's now nearing a critical demand zone at $2120. If it can maintain momentum at this level, there's a high chance it will target internal supply. After overcoming this barrier, it aims to challenge a strong supply and bearish Order Block. The robust liquidity present at this demand level bolsters the bullish scenario, setting the stage for a potent rebound.
💎 However, as astute traders, we must account for all possibilities. If the price of #BADIDEAAI dips below this demand level, it could negate the bullish forecast, potentially resulting in a substantial price drop. Remain vigilant and ready to modify your strategies as the market evolves.
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FRONTUSDTEnF Breakout Strategy signaled a LONG on FRONTUSDT
See idea for breakout entry, targets and stoploss
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JOE/USDT bullish horizon from demand? 🚀JOE Analysis
💎 Paradisers, get ready for a fantastic opportunity with #JOEUSDT as it shows a high probability of a bullish continuation from its demand zone.
💎 We've noted that NYSE:JOE consistently adheres to a descending channel, frequently respecting its channel resistance. Currently, as the price approaches a key demand zone, maintaining momentum at this level could likely result in a bullish move. Historically, when the price has reached this level, it has initiated a strong upward surge.
💎 However, as savvy traders, it's crucial to consider all outcomes. If the price of #JOE breaks below this demand level, it could invalidate the bullish outlook, possibly leading to a significant price decline. Stay alert and be prepared to adjust your strategies according to market changes.
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SOL/USDT It shows will be back test on the support trendline!💎 Paradisers, #SOL is indeed attracting attention as a coin worth keeping a close eye on.
💎 After facing rejection at the resistance area, SOL appears poised to retest the support zone around $127 - $116. This zone not only represents a local support but also coincides with a support trendline.
💎 A successful bounce from this area would signal bullish strength, potentially propelling the price upward to reattempt breaking the resistance around $162 - $169.
💎 If this resistance is breached with a successful bounce, it could pave the way for further upward movement, ultimately aiming for our target strong resistance area.
💎 However, should SOL fail to find support and instead break below the support area, it would raise concerns as it would not only invalidate the local support but also breach the bullish trendline support.
💎 In such a scenario, the price could descend towards the last bullish stronghold at the demand zone around $105. This could lead to SOL entering the oversold territory on the RSI indicator, typically below the 30 RSI mark. If SOL bounces from this oversold condition, attention would shift to reclaiming the $127 support area to resume the upward trajectory.
💎 However, if SOL breaks down below the demand area, it would confirm a bearish trend in the short term, signaling further potential downward movement.
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FLOW/USDT bullish reversal from demand? 🚀Flow Analysis💎Paradisers, prepare for an exciting opportunity with #FLOWUSDT as it sets up for a bullish reversal from a crucial demand zone.
💎 Observing #FLOW's trajectory, it has been consistently respecting its descending channel, hitting the channel resistance twice. Currently, if the price can maintain its position at the demand level of $0.786, there's a high likelihood of a bullish move. We could be looking at a breakout from the channel, with sustained upward momentum potentially pushing through the critical resistance level at $1.038, before aiming for a major supply zone.
💎 On the flip side, if #FLOW struggles to keep up the momentum at the key demand level of $0.786 and dips below it, this could invalidate the bullish scenario, potentially leading to a significant price drop. Stay vigilant and ready to adapt your strategies based on these movements.
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ARKM/USDT It possible revisit the demand and continue upward!💎 Paradisers, #ARKM is indeed gaining attention as a potential coin to monitor closely.
💎 It has successfully broken out of the descending channel pattern, indicating positive momentum. However, the price hasn't yet retraced to retest the breakout level.
💎 The price may likely test the demand zone around $1.7 - $1.46 before resuming its upward movement. Confirmation of a bullish trend reversal would require a breakout above the Choch area, potentially leading to a move toward our target area.
💎 Should ARKM fail to find support and bounce from the demand area, the next significant level to watch is the key support area around $1.26. As the name suggests, this level holds key significance and would ideally act as a strong support zone for ARKM.
💎 However, bullish invalidation would occur if ARKM breaks below the key support area. Such a move would confirm a continuation of the bearish trend, potentially leading to further downward movement in price.
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LOOM/USDT It's need break the resistance for continue upward!💎 Paradisers, #LOOM is certainly catching attention as a potential coin to watch.
💎 It has successfully broken out of the descending resistance area, signaling positive momentum and an upward movement in price.
💎 However, it's encountering resistance around the $0.103 area, and the MACD support for bullish momentum a decisive break above this resistance is needed to confirm LOOM's shift to an upward trajectory, potentially leading to a test of our target resistance area.
💎 Should LOOM fail to break the resistance, there's a possibility it could retest the trendline area or find support around the $0.088 - $0.08 range to gather momentum for another attempt at breaking the resistance.
💎 If LOOM fails to bounce and breaks below the support level, the next significant level to watch is the demand area around $0.074 - $0.06. Historical data shows that LOOM has successfully bounced from this level before, leading to significant upward movement. Should history repeat itself, a bounce from this area could fuel a renewed bullish momentum.
💎 However, bullish invalidation would occur if the candle closes below the demand area, indicating a confirmed breakdown in price and potentially signaling further downward movement.
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ARK/USDT it shows price will be test on demand and will bounce!💎 Paradisers, #ARK is showing promise as a potential coin to watch.
💎 It has encountered rejection at the resistance area, coinciding with the resistance of the descending channel. There's a possibility that the price will test the demand area around $0.767 to gather momentum before attempting another breakout of the resistance.
💎 A successful breakout here would signal a bullish continuation, but confirmation would require breaking through the CHoCH area to confirm a reversal in the bullish trend. If this scenario unfolds successfully, the price could reach our target area.
💎 However, if ARK fails to bounce at the demand area and breaks down, the next support level to watch is the major support area.
💎 This area has historically shown strength in sustaining ARK during downward movements, with consistent bounces upon reaching it, indicating significant buyer interest. If ARK successfully bounces from this level, it will need to break the $0.91 resistance to confirm further upward movement.
💎 Bullish invalidation would occur if ARK failed to hold the major support area and breaks down with a daily candle closing below it. Such a scenario could signal further downward movement in price.
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RIF/USDT Gearing up for an Exponential Rally? 👀🚀RIF Analysis💎Paradisers, stay on high alert! #RIFUSDT is shaping up for a compelling opportunity as it prepares to retest ascending support, indicating a robust bullish move ahead.
💎We've noticed that #RootstockInfrastructureFramework has been consistently respecting an ascending support line on the 1D timeframe, hinting at a solid base for bullish potential. It's now nearing the crucial support level at $0.185.
💎If it holds steady, there's a strong likelihood that it will target the significant resistance at $0.324, with the RSI suggesting a potential upward move, reinforcing this bullish outlook.
💎However, if #RIF loses momentum and breaks below this key support, be ready for a bullish rebound from a lower Demand Zone at $0.135. A drop below this level could signal a considerable downward trend for $RIF. Keep your strategies adaptable and stay sharp for any market fluctuations.
ARK/USDT Ready to Capture the Liquidity Above? 👀🚀ARK Analysis💎Paradisers, prepare for a captivating shift in the #ARKUSDT market, suggesting a possible bullish surge from its current demand zone.
💎After a recent rejection from a strong supply zone, #Ark has cleared buy-side liquidity. This sets the stage for a possible downward move before rebounding from the critical bullish OB at $0.764. If LSE:ARK gathers enough bullish momentum, we might see a dynamic push challenging and potentially breaking through the upper supply zone.
💎However, if #ARK struggles to maintain ground within this crucial support zone, a quick strategic pivot might be needed. Here's where Plan B comes into play: we'd then focus on initiating a bullish move from a lower demand zone at $0.68. This level is crucial—if LSE:ARK drops below it, it could indicate early signs of a bearish trend in the market's narrative.
💎Stay sharp and be ready to adapt, Paradisers. Your ParadiseTeam is on watch, poised to guide you through the evolving dynamics of the #ARK market.
ETC/USDT price is ready for testing on the Bull Flag resistance!💎 Paradisers, the recent market dynamics surrounding #ETC have been noteworthy.
💎 After a successful rejection from the support zone around $24, ETC has bounced back upwards.
💎 Currently, it seems poised to continue its upward trajectory toward the resistance of the Bullish Flag pattern, indicating a potential continuation of the bullish trend. Breaking out of this pattern is crucial for further advancement toward our target resistance area.
💎 However, should ETC fail to break out of the pattern, it may be retracing back to the support area. Yet, if the support fails to hold and the price breaks below, further downward movement towards the demand zone around $18.7 could be expected.
💎 Historically, ETC has shown resilience with consistent bounces when revisiting the demand area. Therefore, if the price revisits this zone, there's potential for a rejection and subsequent upward movement. Reclaiming a price above $24 is essential for continued upward momentum. Failure to do so could signal a bearish reversal, prompting a retest of the demand zone.
💎 Bullish invalidation would occur if ETC fails to maintain a price above the demand zone, closing the candle below this level. Such an event could signify a bearish momentum shift, potentially leading to further downward movement.
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RUNE/USDT Possible to back test before continue upward movement!💎 Paradisers, the recent market dynamics surrounding #RUNE have indeed been noteworthy.
💎 It appears that the price is set to revisit the demand area within the $4.98 - $4.3 range to gather significant momentum for a bounce, subsequently fueling upward movement.
💎 This momentum is crucial for testing the resistance area and breaking through for further advancement towards our target zone.
💎 However, should RUNE fail to bounce from the demand area or even break below it, the price may retreat to the OB area to accumulate orders before staging a robust bounce.
💎 The OB area still retains its freshness and possesses the potential to facilitate a strong upward movement once again.
💎 Bullish Invalidation would occur if RUNE fails to bounce from the OB area and subsequently breaks below it. Such a scenario could lead to further downward movement and potentially prolong the bearish sentiment.
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Potential Short Scenario for NEAR/USDT: Key Level BreakdNEAR/USDT has been experiencing a significant uptrend over the past few weeks, but recent price action suggests a potential reversal might be on the horizon. A key support level has emerged, and a breakdown below this level could signal further downside momentum.
A breakdown below this level could unleash additional downside potential, offering short trading opportunities for savvy traders. However, always remember to conduct thorough analysis and exercise proper risk management to navigate the volatile cryptocurrency markets effectively.
EOS/USDT it is required break the resistance for continue upward💎 Paradisers, the recent market dynamics surrounding #EOS have indeed been noteworthy.
💎 EOS experienced a false break on the lower time frame (LTF), indicating the potential for a revisit to the Bullish OB area to gather momentum for another attempt at breaking the resistance.
💎 A successful bounce from the OB area and subsequent breakout of the resistance could signal bullish momentum, leading to continued upward movement.
💎 Reaching the supply area would require another breakout, potentially propelling EOS towards our target strong resistance.
💎 However, if EOS fails to bounce upon testing the Bullish OB area or even breaks below it, there's a chance of revisiting the major support area. EOS has previously bounced from this area three times, often indicated by wicks, suggesting strong buying interest at that level.
💎 Bullish Invalidation would occur if EOS fails to sustain its price above the major support area, resulting in a candle close below it. This would signify bearish sentiment and could lead to further downward movement.
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