Can #BURGER Really Breakout Or Not? Key Levels to WatchYello, Paradisers! Is #BURGERUSDT about to explode or fall again? Here’s why the next move is critical for #BurgerCities:
💎#BURGER is currently consolidating within a familiar range—a zone that has previously ignited significant breakouts. While this is an encouraging setup, the key question remains: can #BurgerCities sustain enough momentum to confirm a bullish breakout? Without it, hopes for a trend reversal remain fragile.
💎To signal true strength, #BURGERUSDT must break decisively above the critical resistance at $0.546. This level is pivotal—it’s the dividing line between continuation or collapse. A successful breakout here would likely feature strong, engulfing candles and robust trading volume, clear signs of market conviction and sustained bullish sentiment.
💎However, the risk of failure looms. If #BURGER stalls below $0.546, sellers are likely to capitalize, driving prices lower. In that case, the $0.358 support zone becomes the ultimate battleground. Holding this level could spark renewed buying interest and provide a springboard for recovery.
💎But here’s the danger zone: a decisive break below $0.358 would likely accelerate the sell-off, targeting the $0.283 demand zone. If this second line of defense crumbles, we’re looking at the possibility of a deeper downtrend—a pivotal moment that could shape the future trajectory of #BURGERUSDT.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
MyCryptoParadise
iFeel the success🌴
Cryptosignals
Is #YGGUSDT on the Edge of a Bullish Breakout or Another Drop?Yello, Paradisers! Is #YGG ready for a bullish breakout or another fall? Let's look at the latest analysis of #YieldGuildGames and see what's happening:
💎Currently, #YGGUSDT is retesting the descending resistance of its descending channel, a level it has tested multiple times in the past. While this is an encouraging sign, Yield Guild Games needs to maintain momentum here to keep bullish hopes alive. Without it, any breakout from the channel remains speculative.
💎The key for #YGG lies at $0.584—the critical internal resistance level. A decisive break above this zone could signal strength and open the doors to sustained bullish momentum. Such a breakout would likely come with clear, engulfing candles and robust trading volume, both signals of genuine market conviction.
💎That said, the risk of failure looms large. If #YGG fails to breach $0.584, sellers could regain control. In this scenario, the focus shifts to the $0.371 demand zone, which would act as a critical support level. A bounce from here could attract fresh buying interest, keeping hopes for a rebound alive.
💎But if $0.371 fails to hold, things could get grim. A break below this level would likely drive #YGG towards the $0.256-$0.281 major support zone. Losing this area could signal a deeper downtrend, marking a pivotal turning point for #YGG’s trajectory.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
MyCryptoParadise
iFeel the success🌴
Is #FLOKIUSDT Poised for a Breakout or a Breakdown?Yello, Paradisers! Are you prepared for a potential explosive move in #FLOKIUSDT? The market could be setting up for something big let’s break down the latest signals and what they might mean for you.
💎 #FLOKIUSDT is signaling a potential bullish continuation from the critical demand zone at $0.00013972. The price has been holding strong momentum above this key level, suggesting that if it can continue to sustain, we could see a significant upward move.
💎For a while now, #FLOKI has been respecting a descending resistance, but there’s a shift in the air. Recent attempts to break above this resistance have come with increased momentum, particularly around the crucial demand zone. If the price continues to maintain strength here, we could be on the verge of a bullish rally, potentially driving the price toward the next internal resistance at $0.00017791.
💎Confirmation is key. To validate this bullish scenario, we need to see a decisive break above $0.00017791, accompanied by strong engulfing candles and sustained upward momentum. Without this confirmation, it’s wise to stay cautious and avoid rushing into trades. Premature entries could expose you to unnecessary risk.
💎 Stay alert for downside risks: If momentum falters at the demand zone, we could see a drop towards the lower support at $0.00010971. Should the price close below this support level on a daily timeframe, the bullish outlook could be invalidated, potentially leading to deeper declines.
💎Monitor #FLOKI closely, Paradisers! The market can shift quickly, and it's crucial to be prepared for different outcomes. Remember, disciplined and patient trading is the cornerstone of long-term success. Avoid emotional decisions, focus on high-probability setups, and always prioritize consistency over chasing quick profits.
Stay sharp and trade smart!
MyCryptoParadise
iFeel the success🌴
BINANCE COIN (BNBUSD): More Growth is Coming
BNBUSD is retesting a significant demand zone based on a rising trend line
and a recently broken horizontal neckline of a huge ascending triangle pattern.
The market has a great potential to continue growing.
First, we can expect a test of November's high - 660
and a consequent continuation to 700 level.
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#API3USDT: Could Bull Sustain the Current Bullish Momentum? Yello, Paradisers! Can #API3USDT really sustain its bullish momentum or is a downturn ahead? Let’s break down the critical levels and key scenarios for #API3:
💎After breaking through the descending resistance of its falling wedge pattern, #API3USDT is showing promising bullish momentum. However, it’s now approaching a high supply zone between $2.13 and $2.30—a significant resistance level that could act as a hurdle. Should it successfully rally beyond this zone, we could see a shift in market structure, opening up the potential for #API3 to target higher resistance levels.
💎But let’s also consider the downside risks. If #API3 fails to sustain its position near the demand zone around $1.22, it may slip down further to test the major support between $0.98 and $1.04. This support range, aligned with a previous low, serves as a crucial price floor. For the bullish momentum to hold, the price must reclaim the demand zone with strength; otherwise, a sustained move below could hint at a breakdown.
💎Now, here’s the game-changer: If we see a daily close under the $0.98 support level, the bullish outlook would be invalidated, putting #API3 at risk of forming a new lower low. This scenario would likely trigger further declines and could shift market sentiment to a bearish stance.
Always aim for precision and keep a close eye on the critical zones to maximize your trading edge.
MyCryptoParadise
iFeel the success🌴
BITCOIN (BTCUSD) Bullish Bias Remains ₿
Bitcoin formed a strong bullish pattern on a 4H time frame.
I see an ascending triangle - a bullish accumulation pattern
with a confirmed breakout of its resistance.
A trend line and a broken horizontal structure compose a contracting
demand zone now.
Probabilities are high that bulls will push the prices higher.
❤️Please, support my work with like, thank you!❤️
MNTUSDT on the Verge of a Major Breakout or Breakdown?Yello, Paradisers! Are you ready for a potential bullish breakout? 🧐
💎MNTUSDT has just broken through a critical resistance trendline and formed a textbook Cup & Handle pattern—a strong signal that a bullish reversal could be brewing.
💎If MNTUSDT breaks out and closes a candle above the resistance zone, it will confirm the pattern, increasing the probability of a strong bullish move.
💎Should we see a pullback, expect a bounce from the support zone. But remember, we need to see I-ChoCh confirmation to strengthen the odds in our favor.
💎On the flip side, if MNTUSDT breaks down and closes below the support zone, this would invalidate our bullish setup. In that case, patience is key—we’ll wait for a more favorable price action before making our next move.
🎖 Staying disciplined and waiting for the right confirmation is crucial for long-term success. Don’t chase trades—wait for high-probability setups to play out.
MyCryptoParadise
iFeel the success🌴
STETHUSDT on the Brink of a Breakout or Breakdown?Yello, Paradisers! Are we about to witness a massive breakout on STETHUSDT, or is a retracement in the cards? Let’s dive into the key levels and patterns to watch closely 👇
💎STETHUSDT has recently flashed a bullish Change of Character (CHoCH), along with forming a Cup & Handle pattern, and is now approaching the crucial resistance trendline. This setup hints at a potential bullish move, but the critical question is: Will it break through, or reverse?
💎If STETHUSDT breaks the resistance trendline and resistance zone, it would significantly increase the probability of a strong bullish move.
💎On the flip side, if we see a retracement, we can expect a bounce from the support zone. However, we will need confirmation through a bullish Internal CHoCH (I-CHoCH) to stack the odds in our favor before considering a long position.
💎If there's a breakdown and a candle closes below the support zone, it will invalidate our bullish outlook. In that case, it’s better to sit tight and wait for clearer price action before making any moves.
🎖Trade smart, Paradisers. Discipline and patience are key here. Wait for confirmation before diving in, and always play it safe when the market shows uncertainty. Stay focused and let the setup come to you. This is how pros make it in the long run!
MyCryptoParadise
iFeel the success🌴
ZILUSDT: Massive Breakout Ahead or Bullish Trap? Yello Paradisers! Is ZILUSDT about to break out, or should we prepare for a retracement? 🚨 Let's dive into the latest technical setup that could potentially set the stage for a big move.
💎ZILUSDT has approached its resistance trendline, showing a bullish CHoCH (Change of Character) while forming an inverse head-and-shoulders pattern with a bullish divergence. These signals combined significantly increase the probability of a bullish continuation.
💎If ZILUSDT breaks out and closes candle above the resistance zone, this will validate the inverse head-and-shoulders pattern and confirm a higher probability of a bullish move.
💎On the flip side, in case of a retracement, we can expect a bounce from the support zone. To strengthen the odds in our favor, we will need to see a bullish I-CHoCH on the lower timeframes before considering an entry.
💎However, if ZILUSDT breaks down and closes candle below the support zone, this will invalidate the bullish outlook entirely. In that scenario, it’s wiser to wait for better price action to form before making any further moves.
🎖As always, patience is key. Stay disciplined and stick to your strategy, and remember – we only act when the market confirms our setup. Keep it smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
Aptos (APT) Among all those red candles and McDonald's chart patterns still altcoins and new projects in crypto rise and pumping each and every single day
Aptos price today is $9 with a 24-hour trading volume of half a billion. APT price is up 23.0% in the last 24 hours. It has a circulating supply of 130 Million APT coins and a total supply of 1 billion
but let see what is this project at all, Aptos is a new, independent high performance PoS Layer one project focused on delivering the safest and most scalable Layer 1 blockchain in the world. The Aptos blockchain leverages the Move programming language and the Move VM for application development, which are created and optimized for blockchain use cases.The team is comprised of the original creators, researchers, designers, and builders of Diem, the blockchain that was first built to serve this purpose. Aptos raised $200 million from a16z, Multicoin, Binance and others. Aptos launched Devnet in mid March, incentivized testnet in late May and targets Q3 for mainnet launch. you can check their whitepaper for more details too.
one thing you should remember in bear market is, always take a profit
tg 9.1 , 9.5 , 9.9
Retail Traders Are Waking Up | Here’s How to Spot the SignsWhy Are Our Parents Texting Us About Bitcoin? It’s Getting Weird
Thanks to crypto,now I know my entire extended family and even my ancestors!
Some of them hadn’t spoken to me in a thousand years, but now they’re calling me “Bruh”
(And no, I’m not a vampire, by the way!)
Here’s why I think a retail fueled wave might be about to hit the crypto market
1/ A spike in Google searches for "crypto"
2/ Coinbase App Store rankings
The Coinbase app just shot up from #155 to #18 in two days
3/ Dogecoin and Squirrel on the rise
Retail traders have a soft spot for Doge , Cardano and memecoins.
Guess which top 10 tokens surged the most in the last week? bunch of retail traders who’ve held CRYPTOCAP:DOGE and CRYPTOCAP:ADA since the last bull run are probably getting alerts that their investments are bouncing back.(That’s one way to grab their attention)
4/ Bitcoin featured on Bloomberg's front page
Mainstream news = mainstream visibility = more pump = more lambo!
5/ Texts from our parents ( Are you winning son? )
The unique skill of being both endearing and critical at once a true dad specialty
6/ Ronald McDonald has joined the chat…
McDonald's just teased a new collaboration with Doodles (yes, the NFT project). It kicked off last week…Now, any one of these signs might not mean much alone
But taken together, they start to tell a different story.
Falling air pressure, strengthening winds, darkening skies… it looks like a retail storm might be on the horizon..Brace yourselves! The good news? This time might not be different.
Earlier in the year, there was concern about a potential “left translated cycle.”
(Translation: crypto prices rising faster than expected).
At first, that sounds great! (Who wouldn’t want a quicker path to wealth?)
But the catch is, the shorter the window for prices to peak, the harder it is to time safely
(you’d have days instead of weeks or months to sell near the top)
When Bitcoin reached all time highs ahead of the halving in March (a first), many traders started feeling “left-translated” jitters. If we stay on this track and hit the same average returns as the past three halving years, we could be looking at a ~$ 126k Bitcoin by year’s end!
Here’s hoping this time really isn’t different! BTC just hit a new ATH again!! STOP
I'm starting to sell BTC. Here is my planIn my previous BTC analysis, I mentioned my belief that Trump would win the election, potentially driving BITSTAMP:BTCUSD to a new all-time high. However, I don’t expect this surge to lead to a sustained bull market. Instead, I anticipate this to be an emotional reaction, with prices likely falling after a few days.
Now, with BTC trading above $80,000, I’m preparing to build a short position. Here’s my strategy:
Since there are no clear resistance levels above this point, I plan to make my first short sale at $82,000 and the next at $87,000, giving me an average entry of $84,500. I’ll set my stop-loss at $89,500, and my target is $74,500, aiming for a 1:2 risk-to-reward ratio.
I acknowledge that this trade is based more on intuition than on solid technical analysis, and I’m fully aware that it goes against the prevailing strong uptrend.
My rationale is that if BTC were to reach $100,000 in a sustained move now, without a solid drop before, it would be “too easy”—perhaps even too expected by all the traders.
And if I’m wrong, well, we can’t win them all, and I’ve already accounted for the potential loss in my outlook.
Bitcoin- Small double top could lead to correctionAs I explained in my previous analysis, I anticipated a correction in BITSTAMP:BTCUSD and decided to sell against this strong uptrend.
With some luck, I’m still in the trade (though currently at a loss).
At this point, however—unlike when I impulsively sold—we have some real data to analyze. :)
After the first all-time high just below 90, yesterday we saw another peak just above this key level.
This could potentially signal a double-top formation. A drop below 85,300 would confirm this pattern, with a measured target around 80k. Looking further down, 77k could also act as a support level.
On the flip side (which I’m not too keen on), if we see a higher low above yesterday’s, support holding at yesterday’s low, or a false break of the neckline, BTC will be on its way to setting a new all-time high almost for certain.
MANTAUSDT on the Verge: Will Key Support Hold or Break?Yello, Paradisers! Are you ready for a potential breakout that could shake up the market? Let’s dive into what’s unfolding with #MANTAUSDT and how it could impact your next trading move.
💎Currently, #MANTAUSDT is tracking a descending channel pattern, positioning itself near a potential breakout zone that could fuel a strong upward surge. Right now, #MANTA is testing a critical support level at $0.698. If the price holds this momentum, there’s a high probability we’ll see a bullish push, potentially breaking above the descending resistance.
💎But what if momentum falters? If #MANTA loses strength at the key support of **$0.698** and drops below, this would signal weakening bullish power, opening up room for sellers to step in. In this scenario, keep an eye on the lower demand zone at $0.614 a level that has historically held strong for buyers. A rebound from here could sustain the bullish outlook, but if #MANTA falls below $0.614, it could invalidate this setup and lead to a deeper decline, marking a potential shift toward bearish sentiment.
Stay sharp, stay strategic, and always keep the bigger picture in mind.
MyCryptoParadise
iFeel the success🌴
Is CRO Facing a Make-or-Break Moment? Key Levels to WatchYello, Paradisers! Is #CROUSDT on the edge of a major move or not? Let's discuss the latest analysis of #Cronos to see what's happening:
💎After 5-6 months of a slow and steady downtrend, #CRO is now approaching a critical juncture. The price is nearing the major demand zone at $0.0733, setting up for a retest that could spark a bounce—just as it has done multiple times in the past. But the question is, can the bulls seize this opportunity to reignite bullish momentum and break out of the descending channel?
💎For #Cronos to fuel a breakout, it needs to overcome the internal resistance at $0.092, a level that previously acted as strong support but has now turned into a significant barrier. Breaking above this level, especially if supported by increasing trading volume and the 20 EMA, could indicate that the bulls are ready to take control and push prices higher. If this happens, a rally toward the next major resistance could be on the cards.
💎However, if the bulls fail to maintain their push, there is a risk of a pullback toward the crucial demand zone at $0.0730, potentially retesting the breakout point. Failure to hold this level may trigger a slide toward $0.0673.
💎The real risk emerges if $0.0673 does not hold. A breakdown at this support would likely shift control back to the bears, leading to a deeper correction and squashing hopes of a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
#ADA Breaks Through Key Resistance: Is a Major Rally Ahead?Yello, Paradisers! Could this be the moment #Cardano finally takes off, or are we facing another potential setback? Let's discuss the latest #ADA analysis:
💎After breaking through the descending resistance of its falling wedge pattern, #ADAUSDT is showing promising bullish momentum. But before we get too excited, let’s dive into the crucial levels and scenarios to determine the next probable move.
💎Currently, #Cardano is approaching the demand zone around $0.313, a vital support level that could spark a new leg up. If CRYPTOCAP:ADA rallies from here and breaks the $0.417 resistance level, we might witness a notable shift in market structure, potentially propelling the price toward higher resistance targets.
💎If CRYPTOCAP:ADA fails to hold this demand zone, it could slip down to test the critical support between $0.274-$0.290. This range, aligning with a previous low, acts as a crucial price floor. For the bullish outlook to stay intact, CRYPTOCAP:ADA must reclaim the $0.313 level with strength. Any sustained move below this level could indicate a breakdown.
💎On the other hand, if a daily close occurs under the $0.274 support, the bullish case would be invalidated, putting CRYPTOCAP:ADA at risk of setting a new lower low. Such a scenario would significantly increase the likelihood of further declines.
Always aim for precision and keep a close eye on the critical zones to maximize your trading edge.
MyCryptoParadise
iFeel the success🌴
#GMX Showing Signs Of Bullish Breakout | Watch These LevelsYello Paradisers! Is #GMX gearing up for a major breakout, or will we see a downward spiral? Let's dive into the latest #GMXUSDT analysis to uncover what's brewing:
💎#GMX is showing strong signals of a potential bullish breakout from the descending trendline, following several failed attempts. The recent price action showed a loss of momentum after facing a sharp rejection at the key $29.09 resistance.
💎The price is heading towards a potential retest of the support zone around $19.6-$20.9. This zone is crucial as #GMX attempts to gather fresh momentum. If GMX manages to bounce off this demand area and break through the $29.09 resistance once more, we could witness a strong upward push, re-establishing a bullish structure. This would significantly increase the likelihood of #GMXUSD surging past the current resistance levels.
💎However, if the price fails to maintain above the $19.6-$20.9 support zone and breaks below, it could trigger a downward movement towards the $17.2 demand zone. This area is relatively fresh and may attract buyers, potentially leading to a sharp rebound if respected.
💎If TSX:GMX slips below the $17.2 level without showing any signs of strength, it would signal a bearish shift, opening the door for an even deeper correction. You should be cautious, as failing to hold this level could accelerate the sell-off.
Remember, Paradisers, trade smart, and avoid emotional decisions.
MyCryptoParadise
iFeel the success🌴
Is #PEPE Ready for another Massive Rally or Not? Key Levels Yello! Is #PEPEUSDT on the verge of a breakout or are we about to see a major reversal? Here's what you need to know right now about #PEPE:
💎#PEPEUSDT is showing strong signs of a bullish continuation as it moves from a key support level toward retesting the minor resistance above. If price action holds momentum here, we could witness a break above the descending trendline, setting the stage for a powerful bullish surge. Over time, we’ve noticed that #PEPE consistently respects this resistance zone, and if momentum sustains, an imminent breakout is on the horizon.
💎However, the bullish scenario isn't confirmed yet. The crucial level to watch is the minor resistance at $0.0000118. We need a decisive break above this level, accompanied by strong engulfing candles and sustained momentum. Until that happens, we must stay cautious and avoid rushing into positions. It’s all about patience in these moments.
💎If #Pepe fails to break above $0.0000118 and loses momentum, the bears may take control. In that case, the key level to monitor is the bullish order block (OB) between $0.0000069-$0.0000074. This zone has already been tested twice and has held strong. If the price rebounds here, the bullish outlook could remain intact.
💎On the other hand, if #PEPE breaks below this Bullish OB, the next target would be the major support at $0.0000059. A fall below that, and the bullish setup would be invalidated, likely triggering a sharp drop in price.
Stay focused, patient, and disciplined, Paradisers! 🥂
MyCryptoParadise
iFeel the success🌴
Bullish Breakout or Bearish Breakdown Ahead for #QTUMUSDT?Yello Paradisers! Are we on the verge of a bullish breakout or could a bearish breakdown be looming for #QTUMUSDT?
💎#QTUMUSDT has been trading within a tight consolidation range, hovering between a strong support at $2.040 and a key resistance at $2.789. This prolonged sideways movement reveals a market in equilibrium, with neither buyers nor sellers taking full control just yet. Typically, such consolidation phases set the stage for a significant price move once one side gains dominance.
💎Currently, all eyes should be on the $2.789 resistance level. If #QTUM breaks above this threshold with substantial trading volume, it could kick off a sharp upward move, with the next major target at $4.592. Throughout this consolidation, trading volume has remained relatively stable, but a surge could be the catalyst needed for a breakout. The RSI is showing neutral-to-bullish momentum, supporting the potential for an upward trend if resistance is broken.
💎However, if #QTUM fails to breach this resistance, we could see either a retest of the support level at $2.016 or continued sideways action. A strong rebound from this support would maintain the bullish outlook, while a breakdown below $2.016 could invalidate this setup and signal a shift towards bearish sentiment.
Stay disciplined, Paradisers. In moments like these, patience and timing are key. Don’t let market noise disrupt your strategy this could be a pivotal point, but only for those who play it smart and steady.
MyCryptoParadise
iFeel the success🌴
Bitcoin is going to the moon! [S3]Signal #3 for my new signal series.
Bitcoin is extremely bullish right now and parabolic, its been bullish for a while now but the momentum remains strong and lots of bull flags remain positive.
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***ALL ANALYSIS, SIGNALS, AND ANY CONTENT IS FOR EDUCATIONAL PURPOSES
ONLY AND ARE NOT MEANT TO BE PROFITED OFF.***
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Like I stated in my first signal, I will not be going in big depth on the TA for the signal posts I make, I will make educational posts going more in depth on that soon though.
This post is mainly based on price action, momentum, and some indicators of mine.
Entry:
$79,200-$80,000
Targets:
TP1: $82,742
TP2: $85,132
TP3: $82,742
Stop Loss:
$74,305
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***ALL ANALYSIS, SIGNALS, AND ANY CONTENT IS FOR EDUCATIONAL PURPOSES
ONLY AND ARE NOT MEANT TO BE PROFITED OFF.***
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Politics vs Profits | The US elections & Crypto Harris, Trump, or Crypto ? Only One Goes Brrrr !
1/ The crypto market typically dips ahead of US elections
In 2016, there was a 10% dip, in 2020, a 6% decline, and so far in 2024, a 6% decrease. However, these drops aren't unusual; they can happen without clear triggers on any given day or week. So attributing extra significance to the current dip due to election is overblown it’s just business as usual in crypto
2/ The election results will trigger either a market boom or bust
Markets crave certainty over specific candidates. Once the election is over, investors can look ahead and allocate accordingly. In the grand scheme, Bitcoin and the wider crypto market don’t care who sits in the Oval Office. Whether it’s a red, blue, or mixed government, historically, crypto trends upward over time.
3/ Trump/Harris will be terrible for the economy
While Republicans and Democrats have vast differences (more so now than ever), unity isn’t our forte. How can we bring the nation together? Maybe start with a common interest and go from there
One thing’s certain, both parties have an affinity for money printing , While it’s a headache for the US’s debt situation, it benefits crypto.Why? Because a share of that newly minted money typically flows into crypto assets, which have limited or predictable inflation.
In essence, money printing devalues the US dollar but bolsters the value of scarce assets (like crypto) over time.Regardless of who wins, the money printer is expected to stay active.
While election may provide market clarity, it’s not a sure thing. Close elections can take days to finalize. So, if you feel like panicking, just remember this:
Zoom out → stay calm → remember…In the long run, crypto tends to prevail.
November is off to a roaring start with several significant market events – and that’s just in the first week! But before we look ahead, let’s review October to see where we stand:
1/ October Recap
Expectations were high for ‘Moontober,’ and it delivered (though gains were modest).
October saw:
- $ BTC up 11%, with the broader crypto market up 10%
- US Bitcoin ETFs purchased 5.83 times more CRYPTOCAP:BTC than was mined in October.
This demand and limited supply helped push the total crypto market cap out of an 8 month descending trend, signaling a potential reversal.
2/ Macro Outlook
Now, on to November. This week features two major macro events:
- US Elections – Tuesday, Nov 5th
- Rate Cuts – Thursday, Nov 7th
Markets expect a 0.25% rate cut. Though smaller than September’s 0.50% cut, it could ease market pressure.Lower borrowing costs reduce debt servicing expenses, freeing up cash for spending and potentially boosting both the economy and crypto markets.
The bonus? Historically, Bitcoin’s average return in November is +43%
If this trend holds, we could see CRYPTOCAP:BTC hit $100k by month’s end!
Cross your fingers, toes, and eyes!
3/ Token Unlocks
October had $5.4B worth of token unlocks, creating potential sell pressure. Thankfully, November’s unlocks are lighter at $2.6B, which may limit that pressure.
4/ Earnings Reports
This week brings earnings from:
- Franklin Templeton (managers of the AMEX:EZBC Bitcoin ETF)
- Arm (semiconductor architecture designers)
- Qualcomm (wireless tech products)
- Sony (self-explanatory)
But November 20th is the main event, with Nvidia ( NASDAQ:NVDA ) – the AI powerhouse – reporting earnings.That’s November in a nutshell.
We’ll be here daily with updates as events unfold
#LDO Getting Ready For an Imminent Bullish Breakout? Key Levels Yello, Paradisers! Is #LidoDAO about to make a decisive move? Let's break down #LDOUSDT key levels and what they mean for the next big play:
💎Currently, #LDO is at a pivotal point, showing signs of a potential bullish continuation from the crucial support at $1.03. If the price can hold steady at this level, we might see a breakout above the descending resistance of the ongoing channel. However, momentum is the key, and sustained buying pressure will be essential for this breakout to become a reality.
💎To validate the bullish case, we need a decisive break above the Bearish Order Block (OB) around $1.51-$1.65. Look for strong engulfing candles and maintained momentum in this zone as signs that the breakout is genuine. Until we see these signals, it’s wise to stay cautious and avoid rushing in too early. The market has been tricky lately, and waiting for the right confirmation can make the difference between profit and loss.
💎If the bulls fail to push LDO above $1.51-$1.65, we could see momentum shift back towards the sellers. The critical support level to keep an eye on remains $1.03, which has been tested twice and held strong. A rebound from here would keep the bullish outlook alive and set the stage for another attempt to break higher.
💎However, if the $1.03 support fails to hold, expect the price to target the major support zone around $0.879. Should #LDOUSDT fall into this range and continue to weaken, the bullish scenario would be off the table, making it crucial to adjust your strategy accordingly.
The market is full of opportunities for those who stay disciplined and focused.
MyCryptoParadise
iFeel the success🌴