TONUSDT Potential breakout from a down trendTONUSDT is in a prolonged sideways movement above the psychological level at 5.00, creating a range between 5.00 and 5.40. This structure suggests potential liquidity beneath the 5.00 level, particularly as it aligns with the round number. It’s likely the market may continue moving sideways before eventually dipping to capture this liquidity. Additionally, the formation of an inverse head and shoulders pattern hints at a possible bullish reversal. If the pattern completes, it could signal a shift in momentum and a potential breakout above the range. The mid-term target is the resistance zone at 6.00
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Is TNSR Primed for Breakout or Headed for Rejection?Yello, Paradisers! Is #TNSRUSDT gearing up for a powerful breakout, or could we see a sharp pullback from here This is a pivotal moment that could shape TNSR’s next big move.
💎If #TNSR successfully pushes past this key resistance level with a daily close above it, this signals a strong bullish shift A confirmed breakout could propel TNSR upward, aiming for our target area and marking the start of a new momentum phase
💎However, if TNSR is rejected at this resistance, there’s a high probability of a pullback toward the demand zone around 0347 Here, buyers might regroup to build strength and potentially prepare for another attempt at the resistance level
💎In a bearish scenario, if TNSR fails to hold at the demand zone, we could see a move down to the major support area between 0308 and 0287 This level has provided reliable support in previous market moves and could act as a key area for bulls to defend before any deeper drop
💎Bullish invalidation occurs if TNSR breaks below this strong support with a daily close, creating a lower low and signaling potential for further downside.
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
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Bitcoin ATH 80K – A Technical Analysis UpdateIn my initial analysis on October 8, I projected Bitcoin's path toward an all-time high (ATH) of 80K based on a thorough review of Fibonacci retracement levels, trendlines, and market indicators. Now, with Bitcoin moving as anticipated, it's time for an update on the technicals and what we can expect going forward.
Key Technical Analysis:
Fibonacci Retracement Levels:
The 0.618 retracement level (~66,666 USDT) has proven to be a strong support zone. Bitcoin tested and respected this level, reinforcing the bullish momentum. With the price hovering around 66K, the next key level to watch is 71,068 USDT (0.5), followed by 75,471 USDT (0.382), which will confirm the trajectory towards the ATH.
Ascending Trendline Support:
The upward trendline I marked earlier has continued to act as a solid support. Price movements above this trendline signal continued bullish momentum, showing that buyers are confident at higher levels.
Channel Breakout:
Bitcoin broke out of its consolidation phase (March to September 2024) in line with the analysis. The breakout from the descending channel is significant, pointing to a sustained bullish trend. This kind of movement typically precedes higher price targets, which aligns with my projection toward 80K.
Moving Averages (MA):
The 50-day and 200-day moving averages are still in a positive alignment, offering support for the upward movement. As long as Bitcoin stays above these levels, the bullish case remains strong.
Volume and Market Sentiment:
Volume has remained relatively steady with no significant drops, which indicates there is still buying pressure in the market. This confirms that the breakout is supported by market demand and not just speculative moves.
Conclusion and Next Steps:
The technicals remain solid, and Bitcoin is following the path laid out in my initial analysis. With 71K and 75K as the next critical levels, the target of 80K remains highly achievable. However, while the long-term trend is bullish, traders should continue to monitor key support and resistance zones to confirm the strength of the move.
In summary, the chart speaks for itself. The breakout, moving averages, and Fibonacci retracements are all supporting the case for a new ATH. Stay focused on the broader trend and be prepared for the continuation of this bullish cycle.
Stay updated for further developments.
BTCUSD: This is just a huge Bull Flag on the way to 200kBitcoin just turned borderline bullish on its 1W technical outlook (RSI = 57.457, MACD = 2355.100, ADX = 20.299), which is very positive long term as the buyers are making their presence felt for the first time since March. Supported by the 1W MA50, it is a huge development that the 1W MACD has formed a Bullish Cross. The same set of formations occurred in April 2020. We believe the two patterns to be similar and this makes the 7 month Megaphone just a mid Cycle Bull Flag. The 2020 pattern peaked on the 2.0 Fibonacci extension. If that is replicated, then Bitcoin can break 200k by the end of 2025 (TP = 215,000).
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AR Long Spot Trade (Low Volatility Expansion)Market Context: AR is holding above a critical level with low volatility, suggesting a potential expansion soon. This offers a good entry opportunity.
Trade Setup:
Entry: Around $18
Take Profit:
First target: $24
Second target: $30
Stop Loss: Below $16.5
This trade is positioned for potential breakout and expansion. #AR #Crypto #Trading #Volatility
TRXUSDT potential Up Trend continuationTRXUSDT pulled back toward the swap zone, which has been tested multiple times before, and took liquidity below the equal lows, creating a false breakout at this significant level. Despite this, the overall trend remains bullish, and the market may enter a short-term sideways phase between 0.1570 and 0.1650. The presence of a recent bullish candle supports the potential for upward continuation. If the market holds above the swap zone and regains momentum, a move higher is likely. The target is the resistance zone around 0.1620
Will BNX Bounce Back or Break Down? Key Levels to Watch NowYello, Paradisers! Is #BNX about to stage a powerful bullish reversal, or could we see another leg down? Let's dive into the current setup of #BinaryX:
💎#BNXUSDT is flashing some promising signs of a potential reversal following a crucial retest of a major support zone. The recent price action saw #BNXUSDT lose steam after encountering a strong rejection at the key resistance of $1.71, where a double-top pattern emerged. Now, the focus shifts to a pivotal support zone between $0.596 and $0.691.
💎If the price holds above $0.596 - $0.691 and rebounds, it could gather the necessary momentum to retest the minor resistance at $0.855. A break above this level would signal a return to a bullish structure, opening the door for higher targets and a potential trend shift.
💎However, if #BNX fails to rebound within this zone, a breakdown could trigger a continuation of the downtrend, with the next stop potentially being the demand area at $0.435.
💎Historically, the $0.435 level has provided solid support, making it a key area to watch for a potential rebound opportunity. But for $BNX to regain its upward momentum, reclaiming the $0.855 resistance is essential. If the price fails to do so—or, even worse, breaks down below the $0.435 demand zone—it would confirm a bearish trend, indicating further downside risks.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
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ZETAUSDT Is a Major Move Coming? Here’s What You Need to Know!Yello, Paradisers! Do you think #ZETAUSDT is ready for a big breakout, or could it drop even further? Here's why it's a crucial moment for this coin!
💎#ZETA is currently forming an Inverse Head and Shoulders (IHNS) pattern but has lost momentum after a strong rejection at key resistance. The price could retest the demand zone around 0.637 to regain momentum for another attempt to break through the key resistance level at 0.782. If ZETA successfully rebounds from this demand zone and breaks through the resistance, the IHNS pattern will be confirmed. In this scenario, we could see a significant upward move, as the price would have returned to a bullish structure. The highest probability target would be within our projected zone.
💎If the price fails to rebound from the demand zone and breaks below it, ZETA could continue its downward trend, potentially revisiting the strong support zone between 0.526 - 0.497. This area has held up in the past, and we expect it to act as a critical level once again. A strong rebound here would be essential for ZETA to maintain any upward momentum.
💎However, if ZETA fails to show positive signs and breaks below this strong support zone, it would be a bearish signal, likely leading to further downward movement.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities! Stay disciplined and trade smart, Paradisers.
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NEAR Long Spot Trade (Retrace to Support) Market Context: NEAR has retraced to a major support level, providing a favorable long spot trade opportunity.
Trade Setup:
Entry: Around $4.50
Take Profit:
First target: $5.00 – $5.55
Second target: $6.50 - $7.00
Stop Loss: Below $3.90
This setup aims to take advantage of the strong support for a potential bounce. #NEAR #Crypto #Trading #Support
Will PERPUSDT Rebound or Dive Deeper? Critical Levels to Watch!Yello, Paradisers! Will #PERPUSDT rebound from here or continue to plunge? Let’s dive into the current setup
💎#PERP is flashing a bullish signal after breaking out of a falling wedge pattern, a historically bullish structure. The price is now testing the demand zone, and for the upward momentum to continue, PERP needs to rebound and push toward the minor resistance at **$0.732**. A breakout above this level is crucial for sustained upward movement, with our next target at the major resistance area.
💎But what happens if PERP can't hold the line? If the price fails to rebound and breaks down below the **$0.497** support area, things could turn bearish quickly. In this case, there's a high probability PERP could revisit the major support zone at **$0.389**. Looking at its historical performance, PERP has consistently rebounded when hitting this major support, so there’s a good chance it could do so again.
💎However, the bullish scenario will be invalidated if PERP's daily candle closes below this major support level. This is a crucial zone, as it represents the previous low. If it breaks, PERP could make a new lower low, leading to a deeper dip.
Remember, staying disciplined and following clear strategies are essential in these volatile times.
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TAOUSDT Will Support Hold, or Is a Breakdown Imminent?Yello, Paradisers! Will #TAOUSDT hold its ground, or are we about to see a significant breakdown? Let's break down what could happen next.
💎#TAO is currently resting on a key support level. If the price successfully breaks below this support or the double top neckline, it will confirm a bearish trend, potentially leading to a deeper drop.
💎If this breakdown occurs, we’re eyeing the $484 demand zone as the first major target for the move downward. Should the market continue to struggle, there's a possibility of reaching even lower levels, with our final target positioned around a stronger support area.
💎On the other hand, if the price manages to close above $634 on the daily chart, the bearish outlook will be invalidated, and the market could resume its bullish trend.
Paradisers, stay sharp and wait for confirmation before acting. Smart, disciplined trading will keep you ahead of the game in this volatile market!
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Bitcoin is bullish HTF, but short TF correction inevitable
BTC closed last week above July weekly swing close 🔥 Multiple RSI on Month TF also shows bullishness, similar to what it had on March 2023 (after that BTC started it's bull run for ~278%). This chart is bullish, so whatever I write about pullbacks/dips, remember - I mean short term price action that is for buying.
Bitcoin dips to 65500-66500 and bounce back fast should be taken as a fast bullish scenario. That would allow to add more to longs in both BTC and alts. The zone for potential wicks is around 63.5-64.5k - not sure how high are the chances for such a dip, but since it will surely bring panic to the market, it is absolutely possible.
BTCUSD: Broke above the 7 month pattern and turned bullish on 1WBitcoin just turned bullish on its 1W technical outlook (RSI = 56.534, MACD = 2298.400, ADX = 20.606) as it crossed over the top (LH) of the 7 month Bearish Megaphone. This is a major bullish breakout and the only one remaining is the R1 level (70,000). This is practically the reason of today's pullback because the price is being rejected just under the R1 level. Still, there is no cause for concern as since Sep 20th, Bitcoin has crossed and sustained trading above its MA trendlind, a sign of a trend reversal.
Furthermore, the Bullish Megaphone that started on the November 2022 bottom just formed a Bullish Cross on the 1W MACD and with the support of the 1W MA50 is now looking to establish the new bullish wave. If similar rallies like the previous waves take place, then Bitcoin can target 100k at least (TP = 100,000), even as early as January 2025.
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Solana Update: Holding $162 or Dropping to $147? Here’s the breakdown, fam – if SOL holds $162, we could see a move up to the $178-$184 take-profit zone. But if $162 doesn’t hold, expect a dip to $147 before trying for that same target again.
If $147 breaks, we could be in for a deeper bearish move. Stay sharp, manage your levels, and let’s see how it plays out!
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ETHUSD Possible bounce to the Up Side from the support crossingThe market has formed a double bottom and has successfully broken and closed above this pattern, as well as above the previous resistance level at 2650, which had been respected before. This indicates that the market is creating higher lows, signaling increased buying pressure. If the price bounces off the support zone below and forms rejection candles, it would suggest strong buying interest and further confirm the potential for an upward trend. The target is the resistance zone around 2750
BTC Shows Bullish Momentum with Potential for Explosive RallyMarket Overview:
Bitcoin's price action has turned increasingly bullish, making higher highs since late August, signaling a notable shift in momentum.
The $50,000-$55,000 support zone held strongly in early September, followed by a formation of a higher low, indicating strong buyer interest.
Key Levels to Watch:
Resistance: $70,000-$72,000
Potential Target: $100,000 to $120,000
Outlook:
If Bitcoin successfully clears the $70,000-$72,000 resistance level, we may witness an explosive rally, possibly leading Bitcoin to reach new heights between $100,000 and $120,000.
Given Bitcoin's historical tendency to lead the cryptocurrency market, a breakout could initiate a new altcoin season, driving further gains across the broader crypto market.
#Bitcoin #BTC #CryptoMarket #BullishMomentum #AltcoinSeason
AGLD/USDT Bullish Breakout: Two Resistance TargetsAGLD/USDT has formed a bullish pennant pattern, and we’ve already seen a breakout. My first target is the pink zone, which acts as the initial resistance. If the price continues upward, my second target is the next pink resistance zone. Additionally, if the price reaches this second resistance, there could be an opportunity to short, depending on how the price reacts to this key level.
ONDO ANALYSIS📊 #ONDO Analysis
✅There is a formation of Descending Channel Pattern and Cup and Handle in daily chart with a breakout of Descending Channel 🧐
Pattern signals potential bullish movement incoming after the confirmation of breakout of Cup and Handle.
👀Current Price: $0.81600
🚀 Target Price: $1.02090
⚡️What to do ?
👀Keep an eye on #ONDO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ONDO #Cryptocurrency #TechnicalAnalysis #DYOR
PENDLEUSDT Is a Major Breakout on the Horizon??Yello, Paradisers! Are you watching #PENDLEUSDT closely? A potential breakout could be just around the corner, but is the bullish momentum strong enough to hold? Let's break it down.
💎#PENDLE Currently eyeing an Inverted Head and Shoulders (IHNS) pattern a classic bullish reversal signal. But remember, it's not confirmed until we see a daily candle close above the key resistance. Only then can we anticipate a significant upward movement, with the price potentially testing our target areas.
💎However, if PENDLE gets rejected at this crucial resistance, the odds favor a retracement back to the demand zone around 4.07. This zone could act as a launchpad for another breakout attempt, keeping the bullish scenario alive.
💎On the flip side, things could get tricky if PENDLE fails to hold that demand zone. A breakdown here opens up the possibility of a drop toward the support at 3.575, an area that has been respected several times in the past. With the right shoulder of the IHNS also sitting in this zone, it's possible we could see a rebound, but for the bulls to stay in control, PENDLE needs to reclaim the 4.07 level and push back toward resistance.
💎If the support at 3.575 fails and a daily candle closes below it, this could confirm a lower low, potentially leading to even more downside action. In this case, the bullish setup would be invalidated, and we could see PENDLE dipping further.
If you want to be consistently profitable, you need to be extremely patient and always wait for the best, highest-probability trading opportunities. Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
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FLOKIUSD: x10 from the bottom is perfectly plausible.Floki Inu just turned bullish on its 1D technical outlook (RSI = 57.616, MACD = 0.000, ADX = 13.319) as it made a strong reversal and will most likely close the week in green. The most important news is that it has been holding the 1W MA50 since the August 5th test. This is capable of starting a rally that can achieve +1000% from the Aug bottom as it is similar to the two previous Falling Wedge bullihsh breakouts inside the wider Bullish Megaphone. We target its top (TP = 0.00100) by late Feb 2025.
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INJUSD: Highly important 1D MA200 test.Injective is neutral on its 1D technical outlook (RSI = 54.838, MACD = 0.426, ADX = 17.060) as it is trading between the 1D MA200 and 1D MA50. The 1D MA200 is more important right now as it got hit today but the priced immediately pulled back. This is the 4th failed test (so far) it had since April and failure to overcome it, should technically result in a strong rejection. Since however the price is rising after the August 5th bottom, we believe it is time to finally break. Wait until it closes over the 1D MA200 and buy, aiming for the 0.618 Fib (TP = 31.000).
See how our prior idea has worked out:
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ETH at a Crossroads – Will We Pump to 2,915 or Slip Below 2,480?Alright, folks, Ethereum is sitting on the edge. If the bulls make a move, we could ride the wave toward 2,915 resistance. But if momentum fades, it’s a quick slide down to 2,480. This is where things could get interesting—either we break out or catch a pullback.
Key Levels:
Resistance: 2,915 – Clear this, and we might see some serious upside action.
Support: 2,683 – Bulls need to hold strong here to avoid trouble.
Downside Zone: 2,480 – If we lose steam, this could be our landing zone.
It’s one of those “stay sharp” moments—do we get a breakout, or are we in for some chop? Let me know your take—do we pump higher or dip for a reset? Drop your thoughts, follow, and share if this breakdown helped you prep for the move.
Mindbloome Trader
Bitcoin on the Brink – Bounce from 65,700 or Slip to 63,400?Alright, crew, Bitcoin is hanging right above 65,700, and it’s crunch time. If the bulls show up, we could ride this wave toward 67,800. If not, we might slip down to 63,400 for the next setup.
Key Levels:
Support: 65,700 – Bulls need to hold strong here.
Target: 67,800 – A break higher takes us back in the green.
Lower Zone: 63,400 – If the floor drops, this could be the next landing spot.
It’s all about momentum now—do the bulls have the energy to hold the line, or are we getting pulled down? Keep your eyes on those lower time frames to catch the next move.
What do you think—are we bouncing or slipping? Drop your thoughts, follow, and share if this chart gave you some clarity.
Mindbloome Trader
Trade what you see