BONK/USDT on the Brink of a Major Bullish Breakout | Watch Out👀💎Paradisers, #BONK is at a pivotal moment as it attempts to break free from a descending channel, supported by the 100-day & 50-day moving averages—a promising sign of an upcoming bullish surge.
💎We're anticipating a slight pullback to gain the necessary momentum to smash through the descending resistance. Once it conquers this barrier if SEED_DONKEYDAN_MARKET_CAP:BONK manages to hold its ground in this zone, expect a strong push towards and possibly beyond the major resistance levels.
💎However, the markets are fickle, and caution is paramount. If BINANCE:BONKUSDT cannot maintain its momentum and dips below the key demand level of $0.00002073, this could spell trouble, indicating a potential weakening of the bullish trend. In such a scenario, a rebound from the next critical support at $0.0000182 might be our saving grace, though breaching this could lead to a significant downturn.
💎Your ParadiseTeam is closely monitoring every development to guide you through this market. Stay prepared to make your move and capitalize on the opportunities that #BONK presents.
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COMAI/USDT Imminent Breakout From Descending Channel? 🚀👀💎Paradisers, let's delve into the latest movements for #COMAIUSDT, where we're witnessing a compelling shift in dynamics.
💎Currently, #CommuneAI is retesting the resistance turned support within a descending triangle. If it manages a successful retest, it could point to a bullish reversal, sparking a rally toward the key resistance zone above.
💎However, if #COMAI fails to hold this level and faces rejection, it may indicate a downward trend, potentially pushing the price back to the weekly OB area for a fresh bullish boost.
💎The weekly OB area is a crucial support for #COMAI. If it holds, this could present an ideal buying opportunity, possibly leading to a rebound. Should #COMAI drop below this support, it might find stability in the high demand zone beneath it.
💎Nevertheless, if #COMAI breaks through this demand area, it might signal a deeper bearish turn. Stay focused and ready to adapt as we track the evolving landscape of the #CommuneAI market.
SHIB/USDT this can be a bullish momentum if SHIB success break!💎 Paradisers, #SHIB is indeed presenting intriguing movements that demand close observation.
💎 Currently, SHIB is encountering resistance within the ascending triangle pattern. A successful breakout from this pattern would signify a bullish trend reversal, potentially leading to significant upward movement and reaching our target resistance area.
💎 However, if SHIB fails to break above the pattern and experiences a harsh rejection indicated by a bearish candle, the price may retreat into a downward movement.
💎 In such a scenario, SHIB could revisit the trendline or even backtest the demand area to gather momentum for another attempt to break out.
💎 Upon reaching the demand area, it's crucial for SHIB to bounce back and resume its upward trajectory to reattempt breaking out of the pattern. Any sign of consolidation or weakness at the demand zone could signal potential challenges ahead.
💎 It's essential to closely monitor SHIB's price action, particularly its ability to hold above critical support levels. A breakdown below the demand area, confirmed by a daily candle close below it, would validate bearish momentum and potentially lead to further downward movement.
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MEME/USDT It looks promising movement if success break supply!💎 Paradisers, #MEME is indeed displaying promising movements that warrant close attention.
💎 Currently, MEME is encountering a supply area ranging from 0.0313 to 0.0327. In the previous attempt to break above this supply zone, MEME experienced rejection.
💎 If MEME faces rejection again at this supply zone, there's a potential for the price to test the demand area around 0.026. This retracement to the demand area could serve as an opportunity for MEME to gather momentum for another attempt to break out above the supply area.
💎 However, if MEME manages to break above the supply area without a retracement to the demand zone, it could signal significant upward movement, potentially leading to the attainment of our target area.
💎 On the other hand, if MEME fails to bounce off the demand area and even breaks below it, there's a possibility of further downward movement, revisiting the key support area.
💎 Historical data suggests that MEME has bounced when reaching this zone in the past, and a similar scenario might occur if MEME revisits the key support.
💎 Nevertheless, it's essential to closely monitor MEME's price action and its ability to hold above critical support and resistance levels. A breakdown below the support zone, confirmed by a daily candle close below it, would indicate bearish momentum, potentially leading to further downward movement.
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FLOKI/USDT bullish flag breakout? To The Moon 👀🚀💎Paradisers, the recent activity around #FLOKIUSDT is definitely worth noting. #FLOKI has broken out of a bullish flag pattern, indicating a likely continuation of the upward trend. The volume indicator is also showing strong momentum, reinforcing the idea of a bullish reversal.
💎 This retest phase often follows a breakout and provides a good opportunity to confirm bullish momentum. If #FLOKI maintains support and continues to climb, the next target could be the resistance zone outlined in our target range.
💎 However, if #FLOKI fails to hold support and falls below the $0.00016649 area, it might signal weakness in the bullish trend. In this case, the price could decline further toward the next significant support level at around $0.00012793.
💎 If SEED_DONKEYDAN_MARKET_CAP:FLOKI can't convincingly bounce from $0.00012793 and shows declining volume, it might indicate a breakdown in bullish momentum. A decisive close below this support area could cast doubt on the bullish outlook and lead to further bearish movement.
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ZEC/USDT descending resistance should price break above? 👀🚀💎Paradisers, gear up for a promising trading opportunity with #ZECUSDT as it challenges a descending resistance. A successful breakout could trigger a significant bullish rally.
💎 At present, the price is testing the descending resistance and we anticipate a bullish continuation from the crucial demand zone at $21.60. If the price maintains its momentum at this level, there's a high chance it will ascend, breaking through the descending resistance, with the next target potentially lying within the specified resistance zone in our trading plan.
💎 However, if #ZEC fails to hold its ground in the demand zone and falls below $21.60, this could indicate a weakening of the bullish trend. In such a case, the price may drop further towards the next significant support level at approximately $19.54.
💎 Should #ZEC fail to recover convincingly from $19.54, and if it shows a decline in volume, this might point to a loss of bullish momentum. A definitive break below this support level would compound concerns regarding the bullish outlook and could lead to a more extensive bearish trend.
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Bitcoin - all you need to know nowSome of Mt Gox Funds (MT Gox funds refer to the assets held by the bankrupt Bitcoin exchange Mt. Gox. Once the largest Bitcoin exchange in the world, Mt. Gox declared bankruptcy in 2014 after allegedly losing millions of Bitcoins to a hack. The remaining funds are now being managed to repay creditors.) have been moved overnight, not the first time we've seen this happen this and the market react temporarily poorly to it.
Definitely something to be wary of but not something to panic about for now. The tensions in the middle east and the tensions between china and vietnam are definetely something that could shake up the market even though I am fairly sure that this is not something China is about to do but more of a distraction for something...
My feed on X this morning are mega bearish that funds are being moved once again. Twitter has been shocking the past couple of weeks, value there remains minimal. Try to refrain from reading stupid takes and stick to the news etc.
Will see how we trade today following New York Opening after holiday weekend.
Looking at the chart itself, we should be holding the demand now because we got the COS with the surge yesterday evening. We broke the supply and sell off with the news. Now it is decision time for BTC to either hold this level or find it's support somewhere deeper. We will see 🫡
RAY/USDT It required break the supply to continue upward!💎 Paradisers, #RAY is indeed showing promising movements that merit close observation.
💎 Currently, RAY is encountering a supply area ranging from 1.88 to 1.97. In the previous attempt to break above this supply zone, RAY experienced a fakeout, and the current price action suggests rejection from this supply area.
💎 Consequently, there's a likelihood that the price will retest the demand zone around 1.66 to generate new momentum for another attempt to break above the supply area.
💎 However, if RAY manages to break above the supply area without a retest, it could signal significant upward movement, potentially leading to the attainment of our target area.
💎 On the flip side, if RAY fails to bounce off the demand area and even breaks below it, the price may continue downward, revisiting the Bullish Order Block (OB) area. Historical data indicates that RAY has consistently bounced when reaching this zone, and a similar scenario might unfold if RAY revisits the OB+.
💎 It's crucial to monitor RAY's price action closely, particularly its ability to hold above key support and resistance levels. A breakdown below the demand zone, confirmed by a daily candle close below it, would suggest bearish momentum, potentially leading to further downward movement.
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ALPHA/USDT It required break the resistance for reversal to UP!💎 Paradisers, #ALPHA is indeed exhibiting promising movements that warrant close attention.
💎 Currently, it appears that the price is poised to undergo a retest of the support area around 0.115 before potentially bouncing back to face the resistance zone between 0.13 and 0.1415.
💎 Should ALPHA successfully break above this resistance, it could signify not only a breakout from the immediate resistance but also from the descending pattern.
💎 Such a breakout would likely indicate a shift towards bullish sentiment, potentially leading to significant upward movement towards our target strong resistance area.
💎 However, if ALPHA fails to bounce off the support level and instead breaks down below it, there's a possibility that the price may revisit the key support area.
💎 Given ALPHA's historical tendency to bounce off key support levels, revisiting this zone could serve as a potential reversal point, allowing ALPHA to once again attempt to break through the resistance.
💎 Nevertheless, it's crucial to monitor ALPHA's ability to sustain its price above the key support area. A breakdown below this level would validate bearish momentum, and the bullish thesis would be invalidated. In such a scenario, the price may experience further downward movement.
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PIXEL/USDT Breakout alert! Showing promising continue upward💎 Paradisers, #PIXEL is indeed showing promising movement worth keeping a close eye on.
💎 Its successful breakout from the descending resistance followed by a retest indicates potential for continued upward momentum. Currently, PIXEL is poised to test the resistance of the accumulation phase around the 0.517 area.
💎 Breaking through this resistance level could trigger a bullish momentum, with only one more confirmation needed for a bullish trend reversal—breaking above the supply area at 0.597.
💎 However, if PIXEL fails to break above the 0.517 resistance and experiences a rejection with a bearish candle, it may signal a retracement back towards the 0.45 area, or even a return to key support levels for another significant move.
💎 Given PIXEL's tendency to bounce off support levels within the accumulation phase, revisiting this zone could potentially lead to a reversal and renewed attempts to break through the resistance.
💎 It's important to watch for the bullish invalidation, particularly if PIXEL fails to sustain its position above the key support level. A breakdown below this level, confirmed by a daily candle close, could indicate further downside potential, possibly leading to new lows.
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EGLD/USDT Preparing for an Explosive Breakout | Positive Signs👀💎Get ready for a potential breakout with #EGLDUSDT as it nears the upper boundary of its descending channel. Currently testing the upper limits at a crucial support of $35.15, there's a robust chance for #EGLD to smash through the channel, powered by the momentum it has built up.
💎If #MultiversX stumbles and does not sustain the push from the $35.15 level, descending below, it may signal an ongoing bearish phase, leading to the next vital demand zone at $32.91. This level is well-known for its dynamic bullish recoveries, supported by substantial liquidity.
💎If CRYPTOCAP:EGLD revisits this zone, it’s imperative for the price to firmly rebound to preserve the support. Failure to achieve this could boost bearish forces, sour market sentiment, and potentially prompt a steeper price fall.
💎Keep your strategies nimble and your vigilance high, Paradisers. Your ParadiseTeam is closely monitoring and ready to guide you through the evolving dynamics of the #MultiversX market.
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💎 BITCOIN (BTC) : a Big Move Beyond $70,000? (READ THE CAPTION)With a recent analysis of the #Bitcoin chart in the weekly (logarithmic) timeframe, we can see that the price has once again succeeded in returning above the $70,000 level. As I have mentioned multiple times in recent analyses, I am expecting an explosive move from Bitcoin soon, with targets of $77,000, $85,000, and $100,000, respectively!
Main Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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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