SUIUSDT: Major Bearish Reversal Ahead?Yello, Paradisers! Are you ready for a potential major shift in #SUIUSDT? The setup we’re analyzing may point toward a bearish move, but let’s break down the data to see if a market shift is truly on the horizon.
💎#SUIUSDT is displaying clear bearish momentum from the critical resistance zone around $1.9848. This level is crucial, as recent signals of a Change of Character (CHoCH) could indicate a structural shift, hinting at a potential reversal from the prevailing trend. Could this be the start of a breakdown in market dynamics?
💎On the other hand, if the price manages to hold at this level and doesn’t break down, we might see a bearish reversal develop from the next resistance at $2.1805. Here’s where patience is key—waiting for the price to tap into a bearish Order Block (OB) can prevent getting trapped in false moves and keep your strategy intact.
💎However, should the price break out and close a candle above the $2.1805 resistance, it would invalidate our bearish perspective. In that case, it’s best to stay cautious and on the sidelines, waiting for a more reliable setup to avoid unnecessary risks.
Remember, Paradisers, the best traders don’t jump in without clear confirmations. Discipline and patience are your strongest tools here. Waiting for the highest-probability setups ensures you’re not just in the market but trading at the smartest, most strategic times.
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Cryptotrading
$ARTYFACT (ARTYUSDT): Bearish Trend is Over! Behold Accumulation
Market cycles psychology is universal:
it works on Forex, Stocks, Commodities markets
and of course it can be applied for making prediction on Crypto market.
Analyzing the long term price action on AMEX:ARTY on a daily time frame,
we see a strong bearish trend that started in spring of This year.
The coin lost more than 80% before it finally found the bottom.
Since July, we see a clear shift in the momentum.
The price stopped updating the lows and, in addition to that,
violated a resistance line of a huge falling parallel channel.
That was a clear sign of the strength of the buyers and the exhaustion of the sellers.
At the moment, we see a clear accumulation stage.
The price is stuck within a wide horizontal range.
With a high probability, the smart money - the institutional traders
are accumulating long positions now.
As the price managed to respect the lower boundary of the range multiple times already,
it provides a perfect zone to buy the market from.
Realistically, the price will bounce and reach at least the upper boundary of the range.
With a stop loss lying below its lows, you can get 260% Return on Investment.
A longer term confirmation, will be the completion of the accumulation stage.
The breakout of the resistance of the range will indicate a highly probable start of a new bullish trend and a rally to the current historic highs.
What are your thoughts, traders?
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
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 #SLPUSDT Breakout or Break Down? Key Levels to Watch NowYello, Paradisers! Is #SLPUSDT on the verge of a breakout, or is a sell-off looming? Let's dive into the crucial signals and strategies that could shape the next big move of #SLP.
💎#SmoothLovePotion is showing promising signs of a potential bullish continuation from the key bullish order block (OB) at $0.00218. After breaking above the descending resistance, the path is being cleared for a move higher. However, for this momentum to truly hold, the price must remain steady above the bullish OB. This could set the stage for a breakout above the internal resistance zone.
💎We’re not in full breakout mode just yet. For a confirmed bullish move, #SLPUSDT needs to decisively break above the internal resistance at $0.0034–$0.0037. Look for strong engulfing candles and consistent upward momentum to signal that the market is gaining strength. Without these signs, jumping into trades prematurely could expose you to unnecessary risk.
💎Yet, the risk of fading momentum is always on the table. Should #SmoothLovePotion fail to break above $0.0037 and show signs of weakening, sellers could start to dominate. In that case, all eyes should be on the critical support level at $0.00218—a level that has proven resilient in previous dips.
💎If $0.00218 holds, the bullish outlook remains intact. A bounce from here could reignite buying pressure. However, a break below this level would invalidate the bullish setup, potentially triggering a sharp decline toward the next demand zone at $0.00154. Should this demand zone also give way, a more significant drop may be on the horizon.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
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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.
MyCryptoParadise
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Is #TWTUSDT About to Explode or Collapse? Brace for a Major MoveYello, Paradisers! Are we on the verge of a massive breakout for #TWTUSDT? It's time to dive into the latest analysis and uncover what’s brewing for Trust Wallet Token.
💎We’ve been keeping a close eye on #TWTUSDT, and the signs suggest an explosive move could be on the horizon from the key support level at $1.0276. The price has followed a descending resistance pattern in the past, and when it broke through, it consistently formed higher highs and higher lows. Now, it's regaining momentum at support, hinting at a potential bullish run.
💎If #TWT holds steady at the $1.0276 support level, a powerful rally up to the $1.3576 resistance zone could be next, echoing previous upward trends. However, caution is warranted; if momentum fails, there’s a risk of a drop to the lower demand zone near $0.9455, where a bullish rebound may occur.
💎This is a critical moment,Paradisers. Stay vigilant and closely monitor price action around the demand area. A daily close below $0.9455 could invalidate the bullish outlook and signal further declines.
Stay patient, stick to your strategy, and avoid emotional decisions. That’s how we make it in the long run!
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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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Is a Breakout Imminent for #LITUSDT? Key Levels to WatchYello, Paradisers! Is a breakout imminent for #LIT or not? Let's discuss the latest analysis of #Litentry and see what's happening:
💎After 4-5 months of a slow and steady downtrend, #LITUSDT is now approaching a pivotal moment. The price has bounced off the major demand zone at $0.56 and is currently testing the upper boundary of a Descending Channel. The burning question is—can the bulls keep up the momentum and spark a true rally?
💎To fuel this breakout, #Litentry needs to overcome the internal resistance at $0.84. This level, which acted as strong support twice before, has now turned into a significant barrier. A breakout above $0.84, especially if accompanied by rising trading volume and the 20 EMA, could signal that the bulls are ready to take control and drive prices higher. If this scenario unfolds, prepare for a potential rally toward the next major resistance level.
💎If the bulls struggle to maintain their push, we could see a pullback toward the crucial support zone at $0.567, potentially retesting the breakout point. Failure to hold this level may trigger a slide, with #LIT likely dropping to the $0.435-$0.477 support range.
💎The true risk emerges if the $0.435 support fails. A breakdown here would likely hand control back to the bears, leading to a deeper correction and squashing hopes for a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
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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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Trade What You See
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
#FXSUSDT: Will This Be the Breakout We've Been Waiting For?Yello, Paradisers! Will this be the breakout of #FXSUSDT that investors have been waiting for? Let's discuss the latest analysis of $FraxShare:
💎After 4-5 months of a slow and steady downtrend, #FXS is finally approaching a critical turning point. The price is now testing the upper boundary of a Descending Channel, thanks to a strong bounce from the major demand zone at $1.86. But the question is—can the bulls sustain the momentum and spark a true rally?
💎To ignite this breakout, #FraxShare needs to clear a key hurdle at $2.69. This level, which previously acted as strong support on two occasions, has now turned into a resistance that must be overcome. If we see a breakout above this zone, confirmed by increasing trading volume and the 20 EMA, it could signal that the bulls are ready to take control and push higher. If this happens, get ready for a potential surge toward the next major resistance level.
💎However, if momentum falters, we might see a pullback toward the crucial support zone around $1.86, potentially retesting the breakout level. Should the price fail to hold here, trouble could be brewing, with #FXSUSDT possibly sliding back down to test the $1.50 support level.
💎The real risk lies in a break below $1.50. If this support gives way, the bears will likely seize control, leading to a deeper correction and dashing any hopes for a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
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#POLYXUSDT: Is Breakout Brewing or Will Sellers Regain Control?Yello, Paradisers! Are you ready for the next big move in #POLYXUSDT? Let's discuss the latest analysis of #Polymesh and see what's happening:
💎Right now, #POLYX is sitting at a pivotal level, hinting at a potential bullish continuation from the crucial demand zone at $0.215. But the big question remains: will the momentum hold, or are we about to see a fakeout?
💎The key demand zone at $0.215 has already shown resilience twice, acting as a significant support level. If POLYX can maintain its footing here, it could pave the way for a breakout above the ongoing channel's descending resistance.
💎However, the real challenge lies in sustaining momentum; strong buying pressure is essential to confirm the bullish case. Look for signs like decisive bullish candles, which can indicate that the bulls are in control. Without these, any attempt to break out could quickly reverse.
💎To validate the bullish scenario, we need a clear break above the descending trendline and a retest of that level. This confirmation is crucial, as engulfing candles and continued momentum in this area will signal that the breakout is genuine. Until we see these signs, it’s wise to stay cautious and avoid jumping in too early.
💎If buyers struggle to push #Polymesh above the trendline, the momentum could shift back toward the sellers. Should this happen, the critical level to watch remains $0.215. A rebound here would keep the bullish outlook alive and could lead to another attempt to move higher.
💎On the other hand, if the $0.215 demand fails to hold, prepare for a drop toward the major support zone around $0.156-$0.177. A fall into this range would suggest that the bullish scenario is off the table, making it crucial to adjust your strategy accordingly.
The market is full of opportunities for those who stay disciplined and focused.
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#ROSEUSDT: Breakout Imminent or Bullish Momentum Fading?Yello, Paradisers! Are we on the brink of a massive breakout on #ROSEUSDT, or will the bulls lose their steam? Let’s break down the analysis and find out.
💎#ROSEUSDT is showing encouraging signs of a bullish continuation from the key support level at $0.06727. If the price manages to stay steady at this level, we could be looking at a breakout above the descending resistance of the ongoing channel. Momentum is the driving force here if it sustains, a significant price move could be just around the corner.
💎However, we aren’t in full breakout mode just yet. For a confirmed move, we need a decisive break above the internal resistance at $0.08367, supported by strong engulfing candles and consistent momentum. Until that happens, it’s wise to stay cautious and avoid entering positions too soon.
💎But what if the bulls lose their momentum? If #ROSEUSDT fails to break above $0.08367 and starts to show signs of weakening, sellers may step in. The critical support to watch is $0.04892, a level that has proven resilient in the past. A bounce from here would keep the bullish outlook alive, but a break below $0.04892 would invalidate the bullish setup and could lead to a sharp decline.
💎The next move will be pivotal, Paradisers. Whether we see a breakout or face a reversal, sticking to a strategic approach and disciplined risk management will keep us ahead of the game. Patience and a well-executed plan will separate the winners from the rest.
Trade smart, Paradisers. Consistency and discipline are key focus on the bigger picture and let the market come to you. Stay sharp, and let's see how this unfolds!
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