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ASTR/USDT The formations bullish candle, It potential breakout!💎 Paradisers, ASTR is indeed showcasing intriguing movements that warrant close attention. 💎 The formation of three white soldiers, a bullish candlestick pattern, suggests positive momentum for ASTR. If ASTR also successfully breaks out from the descending resistance, it could indicate a bullish trend continuation. 💎 This could lead to upward movement, potentially testing the resistance zone between 0.115 and 0.13. Breaking above this area could pave the way for significant upward movement towards our target strong resistance area. 💎 However, if ASTR encounters resistance at the supply zone and receives a strong rejection indicated by a bearish candle, the price may retreat back to the support trendline around 0.105. It's crucial for ASTR to bounce from this support level and make another attempt to break the resistance. 💎 Failure to bounce from the support trendline, or a breakdown below it, could signal further downward movement. In such a scenario, ASTR may target the key support area. 💎 This area holds significant importance, as a bounce from here could indicate a continuation of the bullish trend. However, if ASTR breaks below the key support, it could confirm a lower low, suggesting a bearish trend continuation. 💎 The bullish invalidation would be confirmed if ASTR breaks below the key support area, confirmed by a daily candle close below it. In such a scenario, the potential for further downward movement would increase. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2
ORDI/USDT Breakout Alert!! Potential bullish momentum for ORDI.💎 Paradisers, ORDI is indeed showcasing intriguing movements that deserve careful observation. 💎 The successful breakout from the descending channel signifies bullish momentum for ORDI. Currently, the price is potentially preparing to retest the trendline before continuing its upward trajectory toward the supply area of around $55.45. 💎 A successful breakout above this supply zone would confirm ORDI's return to a bullish trend, potentially leading to significant upward movement toward our target strong resistance area. 💎 However, if ORDI encounters resistance at the supply area and receives a strong rejection indicated by a bearish candle, the price may retreat to downward movement. 💎 In such a scenario, ORDI could revisit the support area around $44.60, which coincides with the resistance neckline of the ascending triangle. 💎 ORDI must bounce from this support area and resume its upward trajectory. Failure to bounce, or a breakdown below the support, could signal further downward movement, potentially leading to a test of the Bullish OB area. ORDI needs to reclaim the price above the support area at $44.60 upon reaching the Bullish OB area to maintain bullish momentum. 💎 However, if ORDI breaks below the Bullish OB area, confirmed by a daily candle close below it, it could indicate a bearish trend reversal, leading to continued downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
SingularityNET (AGIX): Sell-off far from overOn the 12-hour chart for AGIX, we’ve observed a significant rise from $0.22 at the beginning of the year to $1.47. Following this peak, the coin experienced a notable sell-off, testing but failing to break above the previous high. This decline brought us to our assumed Wave II, which stabilized around the level of Wave (4). Wave (4) is situated at approximately $0.594, which also coincides with the level of Wave (1) further left on the chart. This area has proven to be a strong support level. Since stabilizing, AGIX has been trading within a trend channel. We see a potential scenario where AGIX might lose the support of the trend channel, leading to a retest of the High Volume Node Edge and the Point of Control. This retest could provide a foundation before any significant move towards $1.47. Given the current market structure, we do not anticipate an easy breakout above $1.47 for AGIX without a retest. Therefore, we expect a pullback to between $0.75 and $0.67. After this retest, our target remains $1.47, but we will conduct a more detailed entry once the trend channel is broken. The Liquidation Heatmap for AGIX provides additional insights into potential market movements. The heatmap reveals significant liquidation levels around the $0.748 mark. This concentration of liquidations suggests that the market might dip to this level to clear out these positions. The presence of these liquidations adds weight to our expectation of a pullback to the $0.75 to $0.67 range. Clearing out these liquidations can provide a stronger foundation for an upward move. In addition to the previously mentioned support levels, the heatmap reinforces the importance of these areas. The market often targets zones with high liquidation levels to reset positions and gather momentum for the next significant move. Therefore, we should be prepared for a potential dip to these levels before any substantial upward trend resumes. On the quarterly VWAP chart, AGIX is trading within the range between the 2024 Q1 VAH (Volume-Weighted Average Price High) and the 2024 Q1 VWAP. We have tested the 2024 Q1 VAH multiple times, even briefly exceeding it twice, but we have consistently fallen back below this level. The key question now is whether we will test this level again. If we do, it is possible that we might retest it. However, we believe the momentum and volume might be too strong to sustain another push above this level. Simultaneously, we are holding and respecting the current quarter's VAL (Volume-Weighted Average Price Low). If we lose this support, it would likely be significant, potentially leading to a drop to the 2024 Q1 VWAP at around $0.72. This scenario aligns with our analysis from the liquidation heatmap and the 12-hour chart, supporting the idea of a pullback to lower levels before any substantial upward move. In summary, while the possibility of retesting the 2024 Q1 VAH exists, losing the current quarter's VAL would likely confirm a move down to the $0.72 level. On the 4-hour chart for AGIX, we have been trading in a range between the High-Volume Node Edge at $0.85 and $1.12 since mid-April. The Point-of-Control (POC) at $0.97 has frequently acted as both support and resistance. We expect this range-bound movement to continue. The key question is whether we will retest the supply level or the High-Volume Node Edge. This will require breaking above the POC. Another possibility is losing the demand level and using it as a demand breaker to fulfill our future limit orders before moving higher. If we flip the supply level, our bearish scenario would be invalidated. However, if the supply holds, we might see another drop before any significant upward movement. In summary, we expect continued ranging between $0.85 and $1.12. The next move will depend on whether we break above the POC or lose the demand level. Flipping the supply level would invalidate the bearish outlook, while holding the supply could lead to another dip.
A
by freeguy_by_wmc
Aptos (APT) Coiling Up for Potential Breakout! ($APT)Aptos (APT) is consolidating in a key zone! A break below could signal a return to bearish territory, but bulls are likely to defend this level. Price is currently bullish on the 4-hour chart with higher highs and a reclaim of support. The last support reclaim with the 50-day MA led to a 110% rally! Daily & Weekly RSI resets suggest a potential price bottom. Wait for a confirmed trend break with a higher low on support before entering. Consider entry: $9-$9.60 Take Profit: $12, $16, $24 (progressively) Stop Loss: $8 #Aptos #Crypto #TechnicalAnalysis #BreakoutZone #Support
Long
by Richtv_official
AVA/USDT bullish Continuation from demand? Bullish rally💎 Let us delve into the #AVAUSDT which is currently displaying notable signs of a significant market maneuver. Positioned within a demand zone at $0.7288, #AVA appears poised for a potential upward swing, particularly if it sustains its current momentum. A successful breakthrough from this level could lead to a breach of the descending resistance, paving the way for a challenge against even stronger supply zones. 💎 Reflecting on AVA’s recent historical performance, we observe that it successfully surpassed supply levels, which subsequently transformed into demand. Interestingly, the price completed a retest phase, and at present, it is gearing up to surpass the descending resistance. We recommend exercising patience and waiting for a proper breakout above this resistance level before planning any trades. 💎 As seasoned #AVA traders understand, cryptocurrency markets resemble strategic games. While the current bullish momentum is favorable, it is prudent to have a contingency plan (Plan B) in place. If NYSE:AVA fails to capitalize on this momentum and begins to decline, consider rallying from a lower demand level situated at $0.6538. 💎 Importantly, should AVA descend below this secondary demand, it signals the need for a strategic reassessment. Traders may need to adjust their bullish perspective and modify trading tactics to align with the evolving market conditions. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
PEPE: Pullback in UptrendTrade setup : Price is in an Uptrend. Following a bullish breakout from Channel Up, price reached resistance at $0.000017, where it got rejected. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.000017 to signal continuation of uptrend, or 2) pull back near $0.000013 support for another swing trade entry in Uptrend with +30% upside potential back to $0.000017. If price breaks above it's ATH of $0.0000173, the next possible resistance levels (price targets) based on Fibonacci Extensions are: $0.0000184 (61.80%), $0.0000198 (78.60%), $0.0000215 (100%) and $0.0000266 (161.80%). Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.000012, then $0.0000092. Nearest Resistance Zone is $0.000015, then $0.0000164.
Long
by altFINS
ZRXUSDT | Continuation?ZRXUSDT Trade Analysis My previous ZRXUSDT trade didn't pan out as expected, but I'm still bullish on this one. I've just opened a new position that could unfold over the next few months. Weekly Chart Despite a recent breakdown, we're holding steady at the previous weekly high and have bounced back nicely. This resilience suggests potential for an upward continuation. Trade Setup I'm targeting an easy continuation with an impressive 5:1 risk-reward ratio. This setup offers a fantastic opportunity for a strong comeback, and I'm excited to see how it plays out. Stay tuned for updates—this could be the trade that turns things around! #CryptoTrading #ZRXUSDT #Bullish #TradingStrategy #MarketAnalysis #HighRiskHighReward #StayTuned
Long
by minno91
SFP/USDT Gaining Momentum to Really from a Key Support 💎#SFPUSDT is on the verge of a strategic move, challenging the upper confines of a symmetrical triangle. Currently testing the channel's upper edge, the asset stands at a pivotal support of $0.798. We might witness a decisive breakout if it sustains this level, leveraging the built-up momentum. 💎However, if #SafePal can't sustain this energy and dips below the $0.798 mark, it may signal a deepening bearish phase, targeting the next critical demand zone at $0.762. This area is historically known for its strong liquidity and potential for triggering rapid price recoveries. 💎If SEED_DONKEYDAN_MARKET_CAP:SFP revisits this demand zone, cementing a robust recovery from here is essential to uphold the support. Failure to bounce back could amplify bearish forces, sour market sentiment, and potentially catalyze further declines. 💎Stay alert and responsive, Paradisers. Your ParadiseTeam is closely tracking these developments and is ready to navigate you through the potential shifts in the #SafePal market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
2
STX/USDT Ready to Breakout From the Falling Wedge | STX Analysis💎#STXUSDT is navigating through a falling wedge and is poised to retest the channel's lower support at $1.80. We anticipate this key support level to hold firm, setting the stage for a bullish reversal that could propel the asset toward the channel's upper resistance. 💎However, if #Stacks falters and breaches below the $1.80 support, it may signal an extension of the bearish trend, steering the asset toward the next significant demand zone at $1.636. This level is known for its vigorous liquidity and history of prompting notable upward trends. 💎If NASDAQ:STX revisits this demand zone, securing a robust rebound is essential for sustaining support. Any failure to achieve this rebound could intensify bearish momentum, worsen market sentiment, and potentially trigger additional price declines. 💎Stay agile and vigilant, Paradisers. Your ParadiseTeam is diligently monitoring the market and is ready to guide you through the dynamic shifts in the #Stacks market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
WIF: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Swing Traders can trade the channel: enter near channel support trendline and exit near channel resistance trendline. Near-term upside potential to $4.25. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $2.00. Nearest Resistance Zone is $3.50, then $4.20.
Long
by altFINS
DOGE/USDT descending channel breakout? bullish rally💎 Paradisers, #DOGEUSDT has broken out from its descending channel trajectory, raising the question: will this lead to a continuation of the uptrend, or does uncertainty loom for sellers? Let's explore the possible outcomes. 💎 Notably, #DOGE has climbed above both the descending channel trendline and the 200-day Simple Moving Average (SMA) on the daily chart. This ascent indicates a strong bullish control, suggesting that the uptrend may continue. Currently, we anticipate a strong bullish movement if the price can maintain its momentum in the demand zone at $0.15975. 💎 However, if #DOGE fails to sustain this momentum and falls below the demand zone, we may see a bullish rebound from a slightly lower demand level at $0.15756. Should it break below this level, a significant downward movement could be triggered. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3
LSK/USDT falling wedge breakout ? what next💎 Paradisers, take note as #LSKUSDT has successfully broken out from a falling wedge, signaling a strong possibility of a bullish trend. Currently, the 100-day moving average is acting as resistance. 💎 Upon close examination, we've noticed that the Bollinger Bands are tightening, which typically increases the likelihood of an upward move. As for now, JSE:LSK , after breaking out from the falling wedge and completing its retest phase, is regaining momentum at the demand level of $1.467. If it can sustain this momentum, there is a high probability it will embark on a bullish path to overcome our specified resistance level. 💎 However, given the inherent volatility of the market, if #LSK fails to sustain its momentum and declines, this could indicate a weakening of the bullish stance, potentially leading to a significant price drop. Under such circumstances, we might expect a bullish rebound from the lower, strong Bullish OB level at $1.409. Nevertheless, a break below this level could result in considerable downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
GALA/USDT Has Broken Out of Symmetrical Triangle | What's Next? 💎#GALAUSDT has impressively broken out from a Symmetrical Triangle and is now testing a pivotal level where resistance has transformed into support. The Point of Control (POC) of the VRVP Channel solidifies this support, enhancing our bullish outlook. 💎If #Gala holds this retested support at $0.0373, we expect a vigorous rally fueled by the momentum at this critical juncture. 💎Conversely, if INDEX:GALA loses its grip and retreats below this newfound support, it might signal a resurgence of bearish trends, pointing to a possible descent to the next vital demand zone at $0.0336. This level is renowned for its liquidity and history of triggering strong bullish recoveries. 💎If #GALA revisits this demand zone, securing a strong rebound is essential to sustain support. A failure to rebound might amplify bearish forces, deteriorate market sentiment, and lead to further price declines. 💎Keep your trading strategies flexible and your senses sharp, Paradisers. Your ParadiseTeam is closely monitoring the market, ready to navigate you through the dynamic developments in the #Gala market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
1
PYTH/USDT Gaining Momentum For a Bullish Rally | Get Ready 💎#PYTHUSDT has impressively surged out of a descending channel and is now testing a crucial juncture where former resistance has become support. The Point of Control (POC) of the VRVP Channel provides crucial support, enhancing the chances of a bullish continuation. 💎If #PythNetwork can successfully hold this retested support at $0.400, we anticipate a powerful rally propelled by the strong momentum at this level. 💎However, if SEED_DONKEYDAN_MARKET_CAP:PYTH loses its footing and descends into the channel, dipping below the current support, it could signify a shift back to a bearish trend. The next key demand zone is at $0.355, a level renowned for its liquidity and historical bullish rebounds. 💎Should #PYTH revisit this demand zone, it's vital for the price to secure a strong rebound to uphold support. Failure to achieve this could boost bearish forces, worsen market sentiment, and potentially result in further price declines. 💎Keep your strategies adaptive and remain alert, Paradisers. Your ParadiseTeam is vigilantly monitoring the market and ready to guide you through the dynamic shifts of the #PythNetwork market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
1
GMX: Ascending Triangle BreakoutTrade setup : Bullish breakout from Ascending Triangle could signal a bullish trend reversal with near-term upside to $40-$43 resistance zone. That's a stiff resistance area as it also lines up with 200-day moving average. Overall, price remains in a downtrend until it breaks back above that 200-day MA. Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Up, Medium-term trend is Neutral and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $30.00, then $24.00. Nearest Resistance Zone is $40.00.
Long
by altFINS
Bullish Continuation Pattern Signals Over 20% Upside Potential?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:SOLUSDT On the Daily timeframe, the price has ascended above the EMA200 line, signifying a robust bullish trend. Recently, it has formed a bullish chart pattern (symmetrical triangle) and breached the upper trendline. Such a breakout typically indicates the continuation of a bullish trend. Furthermore, the MACD histogram transitioned from the negative zone to the positive zone, further endorsing the potential upward movement toward our first target at 185.72. Subsequently, the price may revisit the pullback zone before establishing a new high and achieving the second target at 227.21. It is essential to note that the analysis will no longer hold validity once the target/support area is reached. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on SOLUSDT." Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below
Long
by financialfreedomgoals101
6
ADA/USDT Gaining Momentum For a Rally From a Key Support💎#ADAUSDT has impressively surged above the descending channel and it's now in a critical phase to retest resistance turned support. The Point of Control (POC) of the VRVP Channel provides additional backing and boosts the likelihood of maintaining this bullish trend. 💎If #Cardano successfully maintains the retested support at $0.425, we expect a robust rally fueled by the built-up momentum at this level. 💎However, if CRYPTOCAP:ADA loses strength and slips back within the channel, dropping below the new support, this might suggest a reversal to a downward trajectory. The next crucial demand zone stands at $0.387, a level known for its significant bullish responses owing to strong liquidity. 💎On the other hand, if #ADA revisits this demand zone, it is imperative that the price firmly rebounds from this point to sustain the support. Failure to do so could intensify bearish pressures, deteriorate market sentiment, and potentially prompt further price declines. 💎Stay sharp and adaptive, Paradisers. Your ParadiseTeam is actively monitoring and prepared to navigate you through the evolving dynamics of the #Cardano market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
CTSI/USDT is potential revisit the demand before back to upward!💎 Paradisers, CTSI is indeed demonstrating intriguing movements that merit close attention. 💎 The successful breakout from the descending channel suggests bullish momentum for CTSI. Currently, the price appears poised to test the demand area around 0.195, which could serve as a launching pad for a significant upward movement, aiming to retest the supply area around 0.279. 💎 If CTSI manages to break above the supply area at 0.279, it could pave the way for further upward movement, potentially reaching our target strong resistance area. 💎 However, it's crucial for CTSI to bounce from the demand area to maintain bullish momentum. A failure to do so, and instead showing signs of consolidation or weakness, could lead to a breakdown below the demand area, signaling a potential continuation of the downward movement. In such a scenario, the price may revisit the key support area around 0.1515. 💎 When CTSI reaches the key support area, it's essential for it to bounce back and reclaim the price above the demand zone to sustain upward momentum. Failure to do so could signify a bearish trend shift, potentially resulting in further downward movement. 💎 Traders should closely monitor CTSI's price action around these key levels and adjust their strategies accordingly. A break below the key support area, confirmed by a daily candle close below it, would invalidate the bullish scenario and could lead to continued downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
ROSE/USDT showing sign of strong bullish move? 💎 Ladies and Gentlemen of ParadiseClub! Keep your eyes on #ROSEUSDT as it shows promising signs of a bullish continuation from the demand zone, following a breakout from descending resistance. 💎 A closer look reveals that the Bollinger Bands are tightening, typically a precursor to a significant upward movement. Currently, the price of #ROSE suggests an increased likelihood of a bullish trajectory from the demand zone at $0.08980. Should it maintain this momentum above the EMA 100, we could see a strong bullish push towards the next supply area. 💎 The ascent is likely to begin once the price successfully overcomes the supply area and sustains its upward momentum. However, it's crucial to consider alternative scenarios: if BCBA:ROSE cannot break the descending resistance and begins to fall, a bullish recovery from the lower support zone at $0.08003 might occur. Nevertheless, a fall below this level could undermine the bullish scenario, potentially leading to further declines. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon