ICP- Correction over and rise to 22 next?As you're aware, I've been very bullish on BINANCE:ICPUSDT during this bull cycle, consistently predicting growth, with the last target at the 20 zone already achieved.
Following this encounter with resistance, the coin began to reverse course, entering a correction phase, and yesterday it reached support at the 15 zone.
I believe the correction may be over now, and I anticipate a new upward movement, possibly reaching levels around 22.
Cryptosignals
Bitcoin- Still asking for 80kAfter breaking above the symmetrical triangle on Monday, BITSTAMP:BTCUSD dipped once more, just to reverse again strongly yesterday above the critical 70k, leaving a nice Piercing Pattern on our daily chart.
71-71.5k still holds the key for further growth and when (or if) bulls clear that zone the road is clear for new ATH with a focus on 80k figure.
ETHUSDT BREAKOUT AND PULLBACKEthereum has done a nice rally since our long entry taken with the double-bottom trade setup earlier. Now we witness a nice rally with a strong trend breakout. The price has followed a retracement/pullback back towards the trend line. We may experience a reversal from here back towards the previous highs held up at $3700 and $4000
🔔Ethena(ENA) Is Ready to Go Down🔔📈Today, I want to analyze the Ethena(ENA) project . Ethena(ENA) started to increase after the news " Ethena Labs' USDe Increases Rewards to Users by 50% ". Now we want to see if Ethena(ENA) continues to increase or not ❗️❓
📚 What is the Ethena(ENA)❗️❓
🔸 Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument — the 'Internet Bond'.
✅ Ethena(ENA) has responded well to the 🟡 Potential Reversal Zone(PRZ) 🟡, and is starting to fall.
💡Also, Regular Divergence(RD-) can be seen between two successive peaks .
🌊According to Elliott's wave theory, Etna seems to have completed the main wave B with a Zigzag(ABC/5-3-5) .
💡Let's look at the ENABTC chart for a better final decision .
🔔 ENABTC has reacted well to the 🔴 Resistance zone 🔴, and I expect ENABTC to go down to at least the support line most likely to be broken.👇
🔔I expect Ethena(ENA) to continue falling to the 🟢 Support zone($1.08-$1.04) 🟢 after breaking the Support lines .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Ethena Analyze ( ENAUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ASTR/USDT Showing a bounce this will be indicating bullish!💎 Paradisers, #ASTR has recently demonstrated significant market dynamics. After bouncing from the support area, ASTR is now facing the challenge of breaking out above the resistance trendline.
💎 A successful breakout would likely signal further upward movement, with the potential to reach the next target at the strong resistance area.
💎 However, if ASTR fails to break out above the resistance trendline and experiences rejection, there is a possibility of a downward movement toward the support area, which is located around $0.118 - $0.108.
💎 This could provide another opportunity for ASTR to gather momentum for another breakout attempt.
💎 ASTR must bounce from the support area to confirm a continuation of the upward movement. However, if ASTR breaks below the support area, it could indicate a bearish scenario, leading to further downward movement.
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FTM/USDT planning for bullish move? 👀 🚀 FTM Today analysis💎 Paradisers, let’s dive into the #FTMUSDT analysis! A fascinating shift has unfolded as it breaks free from its descending channel, creating an exciting stage for a potential bullish surge.
💎 Over an extended period, #FANTOM has meticulously traced the contours of a descending channel. Presently, the price is testing a critical support level at $0.9116. Our confidence in its potential to embark on a bullish trajectory remains unwavering, challenging the overhead bearish order block (OB).
💎 However, prudent preparation is essential: should the price dip below the pivotal support zone, we may witness a pronounced bearish downturn. In such a scenario, our focus shifts to anticipating a bullish rebound from the lower support level at $0.8536.
💎 Remember to employ sound trading strategies and implement proper stop-loss measures! Stay vigilant, monitor market movements, and eagerly await further insights.
MyCryptoParadise
iFeel the success🌴
FLM/USDT is need breakout the resistance for confirm to bullish!💎 Paradisers, #FLM has recently shown significant market dynamics. Currently, FLM is encountering resistance.
💎 If FLM successfully breaks out above this resistance, it could signal bullish momentum and lead to further upward movement, possibly reaching the strong resistance area.
💎 However, if FLM fails to break out of the resistance and experiences rejection, there is a possibility of a downward movement towards the support area around $0.11. This could allow FLM to gather momentum for another breakout attempt.
💎 When FLM reaches the support area, it needs to bounce to maintain bullish momentum and attempt to break out of the resistance again. However, if FLM fails to bounce from the support and breaks below it, it could indicate a bearish trend continuation, leading to further downward movement.
MyCryptoParadise
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PUNDIX/USDT A successful break the key resistance will bullish!💎 Paradisers, #PUNDIX has recently exhibited significant market dynamics. Currently, PUNDIX is attempting to move upward and break out of the key resistance area.
💎 However, it has faced rejection multiple times in the past when trying to break out. If PUNDIX successfully breaks above the resistance area this time, it could potentially continue its upward movement and reach our target area at the strong resistance level.
💎 On the other hand, if PUNDIX fails to break out of the resistance area once again, there is a possibility of it retracing back to the support area around $0.76 to gather momentum for another attempt.
💎 At the support area, it is crucial for PUNDIX to bounce and resume its upward movement in order to make another breakout attempt. However, if PUNDIX breaks below the support, it could confirm a bearish trend continuation, leading to further downward movement.
MyCryptoParadise
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Eth established strong floor. Rise to 4k next?Like the entire crypto market, BITSTAMP:ETHUSD has initiated a much-needed correction since mid-March.
After an initial dive to the 3k zone, Ethereum recovered and made a local high at 3.6k. Subsequently, another drop occurred, but bulls held strong at the 3.2k zone, establishing a solid floor.
At the time of writing, the price is near 3.4k, and bulls appear to be in control. I anticipate a continuation to the upside, with a new test of the 4k resistance level.
I will maintain my bullish stance as long as the price remains above 3.2k in terms of daily closing.
MKR | MAKER made itIn an impressive display of bullish momentum, Maker has witnessed a substantial gain attracting much of the market attention.the price of Maker aka MKR is 1,027 today with a 24hour trading volume of 100 million dollar. This represents a 11% price increase in the last 24 hours and a 50% price increase in the past 7 days.
Maker manged to break its downtrend at 800$ (red line) and now bulls are in control
most indicators are bullish and its 30% up since our first mkr analysis
next targets are 1030, 1040 and 1050
VET/USDT bullish momentum from demand? 👀🚀Vechain analysis💎 Paradisers, let’s delve into the intriguing movement of #VETUSDT. Currently, it’s retracing and meticulously retesting a critical demand level at $0.04248. This level holds immense importance, and its ability to transition from a retest to a firm support could be a bullish signal.
💎 After successfully breaking out of a descending channel, the price of #VeChain is now confidently approaching the key demand level at $0.04248. If the price sustains its momentum at this level, we can anticipate a bullish reversal. With sustained upward momentum, the target lies above the formidable resistance at $0.061831.
💎 However, should the price of NYSE:VET dip below this pivotal zone, it’s crucial to adapt our strategy. We foresee a bullish rebound from the secondary support level at $0.03791. Failing to regain ground here could potentially lead to further declines. Stay vigilant and agile as we navigate these market fluctuations!
MyCryptoParadise
iFeel the success🌴
MATIC/USDT assessing key support? 👀🚀Polygon analysis💎 Paradisers, pay close attention to #MATICUSDT. It’s currently displaying a promising sign of an upward trend, having recently broken above its descending trendline. This sets the stage for a potential bullish move
💎 Historically, #POLYGON has adhered to a descending channel pattern, consistently showing lower lows and lower highs. At present, it’s positioned at a crucial support level of $0.9296. If the price maintains its momentum here, we’re on the brink of a significant bullish surge.
💎 As prudent traders, we must be prepared for various outcomes. While a bullish rebound from a lower support level at $0.8335 remains a possibility, dipping below this level could trigger a marked bearish downturn.
💎 Keep your strategies versatile and your decisions well-informed, Ladies and Gentlemen of ParadiseClub. Your ParadiseTeam is diligently monitoring the market to navigate these opportunities effectively
MyCryptoParadise
iFeel the success🌴
FARM/USDT Breakout alert!! It's bullish momentum for FARM.💎 Paradisers, #FARM has recently demonstrated significant market dynamics, particularly with a breakout above a key resistance level accompanied by strong volume and bullish candlesticks.
💎 There's potential for FARM to undergo a retesting phase on the support area around $68 - $60 before continuing its upward movement and possibly back testing the strong resistance area.
💎 However, if FARM fails to bounce during the retesting phase at the support area, it could indicate a weakness in the bullish momentum. In such a scenario, there's a risk of a breakdown below the support level, potentially leading to a decline towards the Bullish OB area.
💎 FARM must bounce from the Bullish OB area and reclaim the price above the $68 support level to maintain bullish momentum. Failure to do so may result in continued downward movement.
MyCryptoParadise
iFeel the success🌴
UNOUSDT 144% Growth ExpeditionUNOUSDT is currently showcasing a robust and exponential uptrend, indicating promising growth potential. Notably, the recent resistance zone around $0.07 has transitioned into a support level, serving as a pivotal starting point for what we anticipate will be a remarkable 144% rally.
Our analysis suggests that this rally may unfold rapidly, potentially materializing within a span of just a few weeks. However, we acknowledge the possibility of the rally extending over a period of up to three months. Despite this variability in timeline, the overarching sentiment surrounding UNOUSDT's price action remains unequivocally bullish.
COTI/USDT Showing a bouncing, bullish momentum for back to up?💎 Paradisers, #COTI has recently exhibited notable market dynamics, particularly with a bounce from the support area.
💎 Historically, when COTI hits this support level, it tends to sustain and rebound, suggesting a similar pattern may unfold now. There's potential for the price to test the strong resistance area if this pattern continues.
💎 However, a breakdown below the support area could signify a bearish trend, leading to further downward movement towards the $0.11 support level.
💎 It's crucial for COTI to bounce from the support and reclaim the price above it. Failure to do so could result in continued downward movement.
MyCryptoParadise
iFeel the success🌴
ALGO/USDT bullish reversal from support ? 👀🚀ALGO analysis💎 Paradisers, let’s delve into the intriguing movement of #ALGOUSDT. Currently, it’s retracing and meticulously retesting a critical support level at $0.2162. This level holds immense importance, and its ability to transition from a retest to a firm support could be a bullish signal.
💎 After successfully breaking out of a descending channel, the price of #ALGO is now confidently approaching the key support level at $0.2162. If the price sustains its momentum at this level, we can anticipate a bullish reversal. With sustained upward momentum, the target lies above the formidable resistance at $0.3277.
💎 However, should the price of EURONEXT:ALGO dip below this pivotal zone, it’s crucial to adapt our strategy. We foresee a bullish rebound from the secondary support level at $0.1939. Failing to regain ground here could potentially lead to further declines. Stay vigilant and agile as we navigate these market fluctuations!
MyCryptoParadise
iFeel the success🌴
FIL/USDT Shows a Bullish momentum for continue upward movement!💎 Paradisers, #FIL has recently displayed notable market dynamics, particularly as it approaches the resistance trendline of the bullish pennant pattern.
💎 If FIL successfully breaks out of this pattern, it could signal a continuation of the downward movement, possibly testing the bearish OB and supply area.
💎 However, there's also the possibility of FIL retracing back to the support area for another bounce and potential upward movement.
💎 On the other hand, if FIL breaks below the support, it could confirm a bearish momentum, leading to further downward movement.
MyCryptoParadise
iFeel the success🌴
TFUEL/USDT ascending trendline bullish horizon?👀🚀TFUEL💎 Paradisers! Get ready for an exciting trading opportunity with #TFUELUSDT! The price action is beautifully following an ascending trendline consecutively, and our optimism is high. We anticipate that the price will tap this trendline for the third time, setting the stage for a bullish trajectory.
💎 Reflecting on the past, SEED_DONKEYDAN_MARKET_CAP:TFUEL encountered challenges in surpassing the resistance at $0.10454, leading to a bearish sentiment. However, the tides seem to be turning. The price is steadily approaching the trendline, and there’s a significant probability of a bullish continuation if it successfully regains momentum at this level.
💎 As savvy traders, we always have a Plan B. Should #TFUEL dip below the ascending trendline, we’re strategically positioned to capitalize on a bullish rebound from a lower support level around $0.07678. But exercise caution—breaching this additional support could signal a deeper decline.
💎 Stay adaptable in your strategies and keep a close eye on the charts, fellow Paradisers. Your ParadiseTeam is here to guide you through these market waves with expert insight. Happy trading!
MyCryptoParadise
iFeel the success🌴
SAND/USDT Shows a bouncing from the support, Back to upward ??💎 Paradisers, #SAND has recently exhibited notable market dynamics, demonstrating resilience with a bounce from the support area.
💎 The historical pattern suggests that when SAND reaches this level, it tends to bounce, indicating strong support. If SAND also manages to break out of the bullish pennant pattern, it could signal a continuation of the upward movement toward the strong resistance area.
💎 However, if SAND breaks below the support area, it could signify a bearish momentum, potentially leading to further downward movement towards the next support level at $0.464.
💎 It's crucial for SAND to bounce from the support area and reclaim the price above this level to maintain its upward trajectory. Failure to do so could result in continued downward movement.
MyCryptoParadise
iFeel the success🌴
ANKR/USDT bullish momentum? 👀🚀ANKR Analysis
💎 Attention, Paradiser’s!#ANKRUSDT pair has caught our eye with its intriguing dynamics. Currently, it’s hovering near a crucial weekly support zone, suggesting a high probability of a bullish trajectory.
💎 Recent Developments: #ANKR is diligently tracing both high and low trajectories. At present, it’s steadily maintaining momentum around the weekly support level of $0.05901. The upward thrust aims to breach the weekly resistance.
💎 Bullish Continuation: If #ANKR sustains this momentum, it could initiate a bullish trend from the demand level at $0. 04672.However, a break below this demand level might signal a bearish downturn.
💎 Remember, while some newcomers may be tempted to go long, it’s essential to stay vigilant and anticipate market moves. Being one step ahead can make all the difference!
MyCryptoParadise
iFeel the success🌴
QNT/USDT Ready for an Explosive Bullish Rally? 👀QNT Analysis 💎Paradisers, zero in on #QNTUSDT. It’s primed for a bullish resurgence, shining brightly from a key support stage.
💎#Quant’s Resilience is uncanny. Despite a 45% tumble from its zenith, the tenacity at $101.5 whispers of an ascent ready to unfurl. This level stands as a lighthouse, potentially sparking a bullish blaze with renewed vigor.
💎The quest to surpass former glories or set new benchmarks has briefly cast a bearish shadow. Yet, the critical $101.5 juncture for GPW:QNT teeters on the cusp of igniting a major bullish reversal.
💎Our playbook is rich with contingencies. If #QNT withdraws further from its bastion, we’re scouting for a bullish revival from the strategic depths at $88.2. Beware, breaching this frontier could herald a prolonged bearish saga.
💎Maintain a nimble trading stance and keen vigilance on the market’s heartbeat, Paradisers. Your ParadiseTeam is ever-vigilant, steering you with unwavering precision through the market’s dynamic narrative.
MyCryptoParadise
iFeel the success🌴
MEME/USDT Ready to Rebound From Crucial Support? MEME Analysis 💎Paradisers, keep an eye on #MEMEUSDT. It’s etching an epic within a symmetrical triangle. A surge past this pattern could launch us into a bullish journey of monumental profits.
💎If #MemeCoin’s momentum wanes at the triangle’s edge, brace for a valiant rebound from the $0.0329 support—a domain teeming with action and legendary upswings marked by towering green bars.
💎What if it descends past $0.0329? Prepare for a rally from the enchanted $0.0285 realm. Crossing this narrative boundary might signal a turn to a dominion of sellers.
💎Paradisers, remain vigilant and nimble as we navigate the #MEME market’s thrilling plot with strategic finesse and bold resolve.
MyCryptoParadise
iFeel the success🌴