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SC/USDT Bullish Potential from Support Zone? 🚀SC Analysis💎 Paradisers, it’s time to focus on #SCUSDT, which is currently showing an intriguing pattern in the market. Positioned in a key support zone, it is lining up for a possible bullish advance. 💎 As we have seen price of SET:SC is approaching key support $0.005928 if price successfully sustain momentum there is great probability it will plan bullish move .with sustain upward momentum after retest of this level it aims to target above strong resistance$0.023106. 💎 However, in the unpredictable world of crypto trading, being prepared for various outcomes is key. If #SIACOIN finds difficulty maintaining its level within the support zone, a strategic shift may be necessary. This shift could involve preparing for a bullish resurgence from a lower support level at $0.004287. Caution is advised, as falling below this support level could signal a shift towards a bearish trajectory. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
AAVE: Oversold at SupportTrade setup : Trends are mixed. Price had a bearish breakout from a Channel Up pattern and below 200-day moving average. Swing Traders: Near term, price is oversold (RSI ~ 30) near $80 support, which means that it could bounce up to $98 for a +20% gain. Trend Traders: Price needs to break back above 200-day MA (~$98) to resume its uptrend. Pattern : Price was trading in a Channel Up pattern. 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. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $80, then $60. The nearest Resistance Zone is $105 (previous support), then $130 and $150.
Long
by altFINS
WOO/USDT it required to bounce and break for continue upward!💎 The recent market dynamics surrounding #WOO have indeed been quite notable. Currently, WOO is exhibiting a bounce from the Bullish OB area, signaling potential upward momentum. 💎 If this bounce proves valid, the price may attempt to break out of the resistance and reclaim this area. 💎 A successful breakout or reclamation of the resistance zone would be a positive signal, indicating a shift back to bullish sentiment and the potential for continued upward movement, possibly towards a backtest of the strong resistance area. 💎 However, if WOO fails to bounce from the OB area and instead breaks down below it, this could be a concerning sign. Such a move could lead to continued downward momentum, with the next significant support level likely around the $0.15 area. 💎 It's crucial to monitor WOO's behavior around these key levels closely. If it fails to bounce from the support area and subsequently breaks down below it, it could signal a further bearish movement. Conversely, a successful bounce and breakout above the resistance would reaffirm bullish sentiment and pave the way for potential upward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
COTI/USDT Shows a good sign for bouncing and back to upward!💎 The recent market dynamics surrounding #COTI have indeed been quite notable. Currently, COTI is positioned on the support area, and there are indications of bullish momentum with a rejection bullish candle. 💎 This suggests potential for a bounce from the support and a resumption of upward movement. There's a possibility that COTI will continue its upward trajectory, potentially reaching our target at the strong resistance area. 💎 However, if COTI fails to maintain the support or execute a successful bounce, it could signify a loss of momentum. In such a scenario, a breakdown below the support level may occur. If this happens, it would confirm a return to bearish sentiment and could lead to continued downward movement. 💎 Therefore, it's crucial to monitor COTI's behavior around the support area closely to assess whether the bullish momentum will be sustained or if a bearish trend reversal is imminent. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
ADA/USDT show a bouncing from the support, potential back to UP💎 The recent market dynamics surrounding #ADA have indeed been quite notable. Currently, ADA is positioned on the support area. 💎 Historically, when ADA has touched this support area, it has exhibited significant upward movement. Therefore, there's potential for ADA to replicate this pattern by bouncing off the support and resuming its upward trajectory, possibly testing the bearish OB area. 💎 However, if ADA fails to sustain the support or bounce effectively, it could signal a loss of momentum and potentially lead to a breakdown below the support level. This would result in continued downward movement, possibly towards the Bullish OB area. 💎 At the Bullish OB area, a bounce and reclamation of price above the support level would be essential to resume the upward trend. If successful, ADA may have an opportunity to reach our target level. Conversely, if ADA fails to hold above the Bullish OB and breaks below it, further downward movement may ensue.
by MyCryptoParadise_Nathan
BTCUSD: Bearish on the 1D timeframe but bullish divergence on 4HBitcoin is bearish on its 1D technical outlook (RSI = 39.469, MACD = -911.900, ADX = 24.282) but on the 4H timeframe it has posted a bullish divergence on the RSI via a HL trendline, which was present on the last two Lows. Those were not bullish divergencies though as the price was also on HL, which makes today's formation even more bullish. The pattern is a Channel Down so we are now aiming at a new LH on the short term. This was priced previously on the 0.9 Fibonacci level, so our TP = 71,000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
ADA: Approaching SupportTrade setup : Trends are mixed. Following a bearish breakout from a Descending Triangle pattern, below $0.57 support, price dipped as low as $0.46 horizontal support level, which is also near 200-day moving average (~$0.50). Price is also oversold (RSI < 30) and could bounce up near-term. Swing Traders: That support zone could be robust and a potential swing trade entry, with +15-20% potential upside back to $0.57. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.46, then $0.35. The nearest Resistance Zone is $0.57 (previous support), then $0.65 - $0.68, and $0.80.
Long
by altFINS
ZRX/USDT falling wedge what next? 👀ZRX analysis💎 Paradisers, get ready for an intriguing ride with ZRXUSDT! The current price action closely adheres to a falling wedge trajectory. If the price maintains momentum at the bullish order block (OB) and key support $0.3942, we can anticipate a bullish ascent toward the strong resistance level. 💎 However, let’s also consider an alternative scenario: Should the price drop below the key support within the falling wedge, it’s time to act wisely. As savvy traders, we’ll take a downward position because selling pressure has overcome buyers, capitalizing on the recent market uncertainty. 💎 For newcomers tempted to go long, remember to stay vigilant and anticipate market movements. Being one step ahead can make all the difference! MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
Floki/USDT upward momentum what next?👀🚀Floki Today analysis💎 Paradisers, prepare for an exhilarating ride with #FLOKIUSDT! The cryptocurrency is gearing up, fueled by a refined bullish order block (OB) in the lower time frame. 💎 A noteworthy development is its escape from a descending trendline, propelling #FLOKI on an optimistic trajectory. If the price successfully maintains momentum at the current OB level of $0.00008890, we can anticipate a strong bullish move targeting the robust resistance at $0.00030725. 💎 However, let’s remain vigilant. Should SEED_DONKEYDAN_MARKET_CAP:FLOKI encounter obstacles and struggle to maintain its stride, a bullish effort from the $0.00005514 support level may come into play. Breaking below this level would trigger a significant downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
IMX/USDT preparing bullish trajectory|👀🚀IMX analysis💎 Paradisers,#IMXUSDT is doing something cool!After making double top formation it takes downward move despite downward trajectory price once again restoring momentum at key support level $1.7030 💎 What if #Immutable can't stick the landing at this support level and slips below it? Then we've got to switch things up. We're looking for a strong comeback from a bit lower down, at a support level it's hit twice already. 💎 If the price of #IMX dips below this key area, it's time to rethink our game plan. We're hoping for a bounce back from the next support line at $1.3147. If it doesn't manage to recover from there, we might see it fall even more. Stay sharp and ready to adapt as we watch how things unfold. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
MAGIC/USDT is need to bounce and break the resistance for upward💎 The recent market dynamics surrounding #MAGIC have indeed been quite notable. Presently, MAGIC has bounced from the support level area, but there's a possibility it may undergo another round of testing at the support. 💎 For MAGIC to regain bullish momentum, it needs to successfully bounce and breach the resistance level around $0.95. 💎 Should MAGIC manage to bounce effectively and break above the resistance, it could pave the way for further upward movement, potentially leading to a test of our target strong resistance area. 💎 Conversely, if MAGIC fails to bounce convincingly from the support, it could signal bearish sentiment. In such a scenario, the price may break below support and continue its downward trajectory, potentially reaching lower levels. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
1
IMX/USDT keep an eye on support or OB, potential bouncing!💎 The recent market dynamics surrounding #IMX have indeed been quite notable. It appears that IMX is poised to retest the support area, which previously acted as resistance. 💎 Alternatively, the price may even reach the Bullish OB area to fulfill orders, potentially leading to a bounce and continuation of the bullish trend. 💎 Given IMX's ongoing bullish momentum in the mid-term, there's a strong possibility that after hitting the Bullish OB, the price will rebound and proceed to retest the resistance. 💎 Breaking through this resistance zone is crucial, as a successful breakout could pave the way for IMX to reach our target strong resistance area. 💎 However, if IMX fails to bounce from the Bull OB and instead breaks below this area, it could signify a bearish trend, leading to further downward movement and potentially lower price levels. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
NMR/USDT Primed For a Bull Rally From a Critical Support?🚀 💎Paradisers, turn your attention to #NMRUSDT, which is currently making significant moves in the market. #Numeraire has recently tested resistance at $33.68 and is now stabilizing around the critical support of $21.04. 💎If #NMR maintains its foothold at this key level, we might see a bullish continuation. This outlook is bolstered by NMR’s performance above the EMA, pointing to a potential sustained rise from here. 💎However, should #NMR find it challenging to hold its position at $21.04, it might be time to reconsider our strategy. A break below this point could see us looking towards a rebound from the next critical support at $17.45. 💎Crossing below this subsequent support level could suggest the onset of a bearish phase. We will adapt our tactics accordingly. 💎Your ParadiseTeam is actively monitoring the market and ready to guide you through these dynamics to optimize your trading outcomes.
Long
by MyCryptoParadise_Simon
EGLD/USDT In the crucial area, it shows bounce from the support💎 The recent market dynamics surrounding #EGLD have indeed been quite notable. 💎 Currently resting on the support area, EGLD has historically demonstrated a tendency to bounce strongly when reaching this level, often leading to significant upward movements. 💎 There's potential for EGLD to repeat this pattern, and if it manages to break above the resistance, there's further potential for the price to continue its upward trajectory and reach the strong resistance area. 💎 However, if EGLD fails to hold above the support area, there's a possibility it may break below, indicating weakness and potentially leading to a decline to the next lower support area around $28.3. 💎 When EGLD reaches the key support, it must bounce back, as this demand zone holds significant importance. Reclaiming the price above the support area is essential for any further attempts to reach the strong resistance. 💎 If EGLD fails to do so and breaks below the demand zone, it could signal a bearish momentum, resulting in a significant downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
BTC/USDT in the crucial support area, Possible to going $52k?💎 The recent market dynamics surrounding #BTC have indeed been quite notable. 💎 It appears to have formed a double top pattern, with the support neckline around the $60,700 area. This could signify a bearish trend if Bitcoin breaks below this support. 💎 However, if Bitcoin manages to break the resistance directly, it would invalidate the pattern and signal readiness for continued upward movement toward our target area. 💎 On the other hand, if Bitcoin does break below the support neckline, confirming the double top pattern, there's potential for it to retreat to the weekly OB area before bouncing back and resuming its upward trajectory, possibly even breaking out to a new all-time high. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
IOTA/USDT In the crucial support area, it requires to bounce!💎 IOTA has indeed showcased notable market dynamics recently. It's currently bouncing from a support area, suggesting a potential upward movement to test the supply area. 💎 If it successfully breaks through the supply area, it could pave the way for a return to the strong resistance zone. 💎 However, if IOTA fails to hold the support area and breaks down, it could indicate a bearish momentum. 💎 In such a scenario, the price may continue its downward trajectory, potentially reaching lower levels. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
ADAUSD: 1W MA50 holding. About to explode parabolically to $5.00Cardano tested last week and held (closed the 1W candle over it) the 1W MA50 for the first time since October 2023. The 1D technical outlook is oversold (RSI = 29.115, MACD = -0.050, ADX = 36.349) and the 1W timeframe bearish (RSI = 44.076). The pattern it is printing though is very much like September 2020, when after successfully holding the 1W MA50, it started rising again until it broke out parabolically above the HH trendline. The Cycle top was formed a little under the 1.236 Fibonacci extension. Consequently we are targeting the same symmetric Fib (TP = 5.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:ADAUSDLong
by InvestingScope
1
ICP/USDT Shows the price will back test before back to upward!💎 Paradisers, the recent market dynamics surrounding #ICP have indeed been noteworthy. 💎 Previously, when ICP hit the support, it bounced back, and now it appears that the price will retest the support area. However, if ICP fails to bounce, the next likely stop is the Bullish OB area. 💎 A potential scenario could see a strong bounce if ICP reaches the Bullish OB area. If this occurs, there's a possibility that the price will resume its upward movement and head towards the strong resistance. This aligns with the overall bullish trend, characterized by consistent higher highs. 💎 On the other hand, if ICP breaks below the Bullish OB, it may signal a shift to bearish sentiment, resulting in continued downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
PENDLE/USDT Keep an eye on the demand and support area!💎 Paradisers, the recent market dynamics surrounding #PENDLE have indeed been noteworthy. 💎 Experiencing rejection once more at the strong resistance area, PENDLE has retraced back downward, potentially targeting the demand zone between 5.16 and 4.67. 💎 If PENDLE reaches the demand zone, it will be crucial for it to bounce back and attempt to break above the resistance trendline to resume its upward trajectory and test our target strong resistance area. 💎 However, if PENDLE fails to find support at the demand area and even breaks below it, the next likely target will be the key support area. This area presents a favorable buying opportunity for PENDLE, as a bounce from this zone could signal a continuation of the bullish movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
SEI/USDT need to bounce from here for try break the resistance.💎 Paradisers, the recent market dynamics surrounding #SEI have indeed been noteworthy. 💎 Experiencing rejection at the resistance area and retracing back to the support, SEI now requires a bounce to attempt another breakout above resistance. 💎 Success in breaking this resistance could pave the way for a bullish reversal, potentially leading to the attainment of our target area. 💎 However, should SEI fail to find support at the current level, resulting in a breakdown below the support area, the next likely target would be the demand area. 💎 The demand zone holds significant importance as SEI needs to bounce from it and reclaim the price above the support level of 0.464 to sustain upward momentum. Failure to achieve this could result in SEI continuing its downward trajectory. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
APT: Oversold at SupportTrade setup : Trends are mixed. After a bearish breakout from Channel Up pattern, price has pulled back below 200-day moving average (~$9.30), which could signal a bearish trend reversal to downtrend. However, price is now oversold (RSI < 30) just as it nears $8.00 support and could bounce up near-term. Swing traders: this could be an attractive swing trade entry with +20% upside to $11.00. Stop Loss (SL) level at $7.80. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $8.00, then $5.50. The nearest Resistance Zone is $11.00, then $13.00 and $19.50.
Long
by altFINS
ANKR/USDT upward trajectory what next? 👀🚀ANKR Today analysis💎 Paradisers, the #ANKRUSDT pair has captured our attention with its intriguing dynamics. Currently, it hovers near a crucial demand zone, hinting at a high probability of a bullish trajectory. 💎 Recent Developments: #ANKR diligently traces both high and low trajectories. We’ve identified an SPA pattern formation since the price broke the previous low, and there’s a likelihood of retracing back to fill the gap above. If the price sustains momentum at the $0.03777 level, it raises the probability of bullish horizons targeting the MTF resistance level. 💎 However, should #ANKR lose this momentum, we can anticipate a bullish rebound from the MTF support at $0.03226. The juicy liquidity at this level further strengthens the bullish scenario. Be aware that breaking below this demand level might signal a bearish downturn. 💎 As newcomers may be tempted to go long, it’s essential to stay vigilant and anticipate market movements. Being one step ahead can make all the difference! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
FLUX/USDT upward momentum from demand ?👀🚀FLUX Today analysis💎Paradisers, fasten your seatbelts for an exhilarating journey with #FLUXUSDT! The cryptocurrency charts a bullish course, springing forth from a critical demand level at $0.8544. This level serves as a launching pad for a robust leap into bullish territory. 💎 A remarkable development is its escape from a descending trendline, propelling #FLUX on an optimistic trajectory. If the price successfully maintains momentum at this current demand level of $0.8544, we can anticipate a strong bullish move targeting the MTF resistance at $1.1683. 💎 However, let’s remain vigilant. Should NASDAQ:FLUX encounter obstacles and struggle to maintain its stride, a bullish effort from the $0.7262 MTF support level may come into play. Breaking below this level would trigger a significant downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise