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BITCOIN (BTC) Technical Analysis & Important Decision Point Bitcoin is currently testing an important low of May. It will be a significant decision point for the market. The violation of the underlined blue support will trigger a further bearish continuation. Next goal for the sellers will be 53200. At the same time, the price may respect the underlined zone and bounce from that. I suggest waiting for an intraday bullish confirmation as a signal to buy. Let's see what will happen. ❤️Please, support my work with like, thank you!❤️
COINBASE:BTCUSDShort
by VasilyTrader
3
AKROUSDT | Bearish Vibes Ahead?Market Context The market’s got a bearish vibe, and with the weekend approaching, we might see some significant downward movements. Time to capitalize on the bearish trend! Chart Analysis • Weekend Strategy: Weekends often bring volatility, and with the current bearish sentiment, AKROUSDT looks primed for a move down. • Bearish Signals: Technical indicators are flashing red, suggesting a potential drop is imminent. Strategy I’m shorting AKROUSDT, riding the wave of bearish momentum. The setup is perfect for a weekend trade, with all signs pointing to further declines. Action Plan Entering a short position on AKROUSDT to take advantage of the anticipated bearish action. Let’s see if we can turn this market sentiment into profit! Let’s nail this bearish trade! 📉🔥
AShort
by minno91
ALTUSDT | Preparing for Another Leg Down?Market Context Bitcoin’s downward trend suggests we might see more bearish action in the coming weeks. As BTC drops, the ripple effect is likely to hit the entire market, making ALTUSDT a prime candidate for further declines. Chart Analysis • BTC Influence: Bitcoin is leading the market downwards, and ALTUSDT is poised to follow. • Bearish Indicators: Technical indicators and market sentiment are aligning to signal more downside for ALTUSDT. Strategy I’m going short on ALTUSDT, betting on another leg down. The current market conditions provide a solid setup for this move. Action Plan Entering a short position on ALTUSDT to capitalize on the expected bearish trend. Let’s see if this theory holds true and delivers some solid gains on the downside. Let’s catch this wave down together! 📉🔥
Short
by minno91
PEPEUSDT Turns Bearish | More Downward Move Ahead for #PEPE?Yello, Paradisers! Have you been keeping an eye on CRYPTOCAP:PEPE (#PEPE)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details. 💎#PEPE is currently trading within a descending channel, which is a bearish continuation pattern. This pattern is characterized by lower highs and lower lows, indicating sustained downward pressure. The price has been respecting the descending resistance line, repeatedly getting rejected at this level. 💎50EMA and macro market sentiment are also reinforcing our bearish bias for #PEPE. The major support zone is highlighted at $0.00000730. If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.00000662. 💎The immediate resistance zone to watch is at $0.00001225. For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend. 💎There's a bullish order block around $0.00000730, which could act as a strong support level, providing a potential bounce back if tested. Stay focused, patient, and disciplined paradisers MyCryptoParadisers iFeel the success🌴
Short
by MyCryptoParadise_Simon
TONUSDT Ready For More Downward Move | Bearish Vibes All OverYello, Paradisers! Have you been keeping an eye on Toncoin (#TON)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details. 💎#TONUSDT has been trading within a rising wedge formation on the 1D timeframe. This pattern typically signals a potential bearish reversal. Currently, #Toncoin is testing the rising wedge's lower support level, and there is a possibility that it might drop further if this support breaks. 💎The ascending resistance and the rising support form a rising wedge pattern. This pattern is generally bearish which indicates that the current uptrend might be coming to an end. 💎The strong resistance zone is marked at $8.310. If #TON fails to break above this level, the bears might take control, leading to a downward move. If this happens, the immediate support level to watch is $6.255. 💎If CRYPTOCAP:TON breaks below this level also, the next significant support lies in the major support zone between $4.607 and $4.381. This area is critical as it can provide a good chance of a pullback if tested. 💎In a scenario where the current ascending support of the rising wedge doesn't break and TON breaks above the resistance zone marked then Bulls will take over Stay focused, patient, and disciplined Paradisers MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
UNIUSDT Losing Momentum for a Further Downward Move? Yello, Paradisers! Let’s dive into the latest analysis of #Uniswap (#UNI) and see what might be next for #UNIUSDT. 💎#UNIUSDT has been trading within a falling wedge formation on the 12H timeframe. This pattern is generally considered bullish, but current market conditions suggest caution. Currently, #Uniswap is retesting the falling wedge's lower support level, and there is a possibility that it might drop further. 💎The failed breakout from the falling wedge reinforces a bearish bias. If BME:UNI fails to break above the resistance level, the downward trend could continue. 💎The diminishing trading volume and the Point of Control (POC) of the Volume Range Volume Profile (VRVP) acting as resistance increase the likelihood of a further drop. If #UNI fails to hold the support at the falling wedge's lower boundary, it is likely to retest the major support zone around $7.00. 💎The key support zone, which has been tested and respected multiple times, lies between $6.40 and $7.00. If UNI fails to hold at these levels, the next major support to watch is at $5.886. This area is critical as it is packed with liquidity and can create a good chance of a pullback if tested. 💎The bearish invalidation level is marked above the resistance at $9.459. A break and close above this level could invalidate the bearish scenario and potentially lead to a bullish rally. Stay focused, patient, and disciplined Paradisers MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
2
LEVERUSDT | Another Shot at the Moon?Market Context Yesterday’s trade on LEVERUSDT was almost a win, but we got stopped out just before the price shot up. Let’s not miss out this time! Chart Analysis • Bullish Momentum: LEVERUSDT showed strong potential for an upward move, and despite yesterday’s stop out, the bullish signals remain intact. • Demand Zone: The demand zone we identified is still a prime spot for entering a long position. Strategy I’m going long from the demand zone once again, confident that today’s move will play out in our favor. The setup is too promising to pass up! Action Plan Re-entering at the demand zone, ready to capitalize on the bullish momentum. Let’s hit that profit target this time and ride the wave to the top! Let’s go, traders! 🚀📈
Long
by minno91
EGLDUSDT | Ready for Another Surge?Market Context EGLDUSDT has been on a fantastic upward trajectory, and it looks like the momentum might continue! This could be a golden opportunity for a quick trade with an impressive risk-reward ratio of 4.5:1. Chart Analysis • Strong Upward Movement: EGLDUSDT has been climbing steadily, showing strong bullish momentum that could push it even higher. • Bullish Indicators: Various technical indicators are aligning to suggest that this upward movement has the potential to continue. Strategy I’m diving in with a trade aiming for a 4.5:1 risk-reward ratio. This setup is all about capturing the next leg up in EGLDUSDT’s bullish run. Action Plan Setting my entry and watching closely. If EGLDUSDT keeps up its current pace, we could see some exciting gains. Buckle up and let’s ride this bullish wave together! Good luck, everyone! 🚀💪
Long
by minno91
LEVERUSDT | Gearing Up for a Move?Market Context Could we see a bullish run for LEVERUSDT? With Bitcoin showing signs of recovery, the stars might be aligning for LEVERUSDT to make an upward move. Chart Analysis • Promising Weekly Candle: The weekly close on LEVERUSDT looks very bullish, suggesting potential upward movement. • Daily Timeframe: We’ve recently broken the structure and jumped from an interesting order block (OB) on the daily chart, signaling a possible move up. • 5M Timeframe: There’s an intriguing demand zone on the 5-minute chart where the price could dip before soaring higher. Strategy I’m setting my order at this demand zone, ready to catch the upward wave once it hits. This setup looks ripe for a breakout, and I don’t want to miss it! Action Plan With a promising weekly close and a strong support structure, I’m going long on LEVERUSDT. Placing my order in the demand zone on the 5M timeframe—let’s see if we ride this wave to new highs!
Long
by minno91
Is ADAUSDT About to Take Off? Don't Miss This Key Opportunity!Yello Paradisers! Are you ready to dive into an exciting opportunity with ADAUSDT? Right now, the market sentiments are leaning bullish, and there’s a high probability that Cardano will take a bullish ride. 💎We've observed that #Cardano has successfully broken above a key resistance level at $0.4078. If it manages to sustain this momentum, there's a high probability of a significant upward move. Previously, #ADA followed a descending resistance line for a long time, and its recent breakout indicates a potential upward trend. 💎With the current bullish sentiment, if the price sustains and the bulls remain in control, we can expect a move targeting levels above the strong resistance zone. 💎However, what if #ADA faces a strong rejection from the internal resistance at $0.4942 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the lower support level of $0.3633. 💎During this phase, many inexperienced traders might immediately open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Is #TRXUSDT Set for a Bullish Breakout? Don’t Miss This Key MoveYello, Paradisers! Have you been tracking #TRXUSDT lately? It’s showing some strong signals that could lead to a major bullish continuation. Let’s dive into the details! 💎After a careful analysis of #TRON's price action, we’ve observed a promising pattern. For a long time, NASDAQ:TRON has been adhering to a descending trendline. Recently, it has successfully retested this descending resistance, indicating a potential bullish move. If #TRX breaks above the $0.11806 resistance and sustains its momentum, we could see a significant bullish continuation. 💎Due to previous strong bearish pressure, there’s an imbalance in the price. It’s likely that the price might revisit this level to fill the imbalance. If #TRX fails to initiate an upward movement from the retest level, we should look for a bullish rebound from the lower support at $0.11507. However, if the price breaks below the $0.11507 support, this could invalidate the bullish setup and lead to further declines. Stay disciplined and focused on your trading strategy. If you master these principles, you will already be ahead of most traders. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
3
Will REI Network (#REI) Hold Its Ground or Take a Plunge?Yello, Paradisers! Have you been keeping an eye on REINetwork (#REI)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details. 💎#REIUSDT has been trading within a falling wedge pattern on the 1D timeframe. We've previously observed a failed breakout, which reinforces a bearish bias. Currently, #REINetwork is retesting the falling wedge's lower support level, and there is a possibility that it might drop further. 💎The diminishing trading volume and the POC of VRVP acting as resistance increase the chances of a further drop. If #REI fails to hold the support at the falling wedge's lower boundary, it's likely to retest the Bullish Order Block (OB) around $0.447. 💎However, if AMEX:REI fails to hold at $0.447, the next support level to watch is at $0.325. This area is packed with liquidity and can create a good chance of a pullback if tested. 💎On the contrary, if the falling wedge's lower support level holds well, we could see the bulls taking control, leading to a bullish rally. The overall market sentiment and Bitcoin's movement will significantly influence #REI's price action, so keep a close eye on these factors. Stay focused, patient, and disciplined, Paradisers. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
The Next Big Move for ONDOUSDT: Will It Soar or Dive?Yello, Paradisers! Is #ONDOUSDT gearing up for a major move, or are we on the brink of a downturn? Let’s dive into the details to keep you ahead of the game. 💎#ONDOUSDT has been one of the standout performers, showing remarkable resilience during the recent market correction. The asset has been navigating a falling wedge pattern and has recently broken above it. Currently, #ONDO is aiming to retest the upper resistance of the channel, which has now turned into support. 💎A bullish breakout is promising, but a successful retest will reinforce and confirm this breakout. This retest of the upper resistance turned support is crucial for validating the bullish sentiment. 💎If ONDO falls back into the wedge, it’s likely to retest its support at $1.08. This level will be a key indicator of ONDO's strength and a failure to hold here could signify a potential decline. 💎Should the macro market sentiment turn bearish with significant selling pressure, ONDO might revisit its liquidity-packed area and strong medium-term support between $1 and $1.02. This zone is critical as it has historically provided substantial support. 💎However, if this critical support zone fails to hold, ONDO could turn bearish and continue its downward trajectory. The overall market sentiment and Bitcoin's movement will significantly influence #ONDO's price action, so keep a close eye on these factors. Stay focused, patient, and disciplined, Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
XRP/USDT Local trend. Pivot zone. 1 09 2023Logarithm. Time frame 1 day. Local trend. Logic of work and risk management shown and described on the chart. Also, percentages to the key local support/resistance levels. This is how the direction of the local trend looks on a line chart without “market noise”. Secondary trend (part) This channel is in a secondary trend (part) to understand the local area, see here: XRP Local Trend. Channel 394 days. Pivot zones. Main trend. Time Frame 1 week. XRP/USD Major trend (part) Triangle Price has been moving (70% channel) for almost a year now along the dynamic support of a huge triangle rib after breaking the local downtrend (go to the idea above and press play to see and understand the gist). The percentage range within the triangle is substantial. Also understand the % of profit this triangle has formed since the super pumping of 2016-2017. If you follow risk management, understand the point, this should be of little concern to you. "Take it while it lasts". Where do you think the big triangle will eventually run? I know (a high probability), do you??? You don't need to know and understand this for local trading. You took profit and left, and what will happen next should not interest you at all... Sometimes history tends to repeat itself, but if many people believe in this repetitiveness and shout about it from all corners—expect trouble. All trading history that few people see. Exchanges where XRP was traded earlier in the majority - removed. On the new top exchanges where the cryptocurrency was listed later, it is understandably absent. If you understand the essence, then you are armed with the logic of the correct action in the future. XRP/USD Main trend Plan, understanding of risks, attentiveness and calmness in labor make money in the market, everything else is useless noise. Even if everything is shown as it is, this useless noise drowns out reason, attentiveness, adequate understanding of simple things. People concentrate their attention resource on useless news, spend time on meaningless discussions, i.e. entertain themselves by engaging in a kind of semblance of "intellectual activity"....
Long
by SpartaBTC
36
Can CHRUSDT Break Free from the Downtrend?Yello, Paradisers! Is #CHRUSDT on the verge of a significant breakout, or will it succumb to downward pressure again? Let's dive into the technicals to find out! 💎#CHR is showing signs of rebounding from a demand area, suggesting a potential reversal to the upside. The target? Testing the resistance area at the 0.297 mark, right at the resistance trendline of a falling wedge pattern. 💎Historically, we've seen consistent bounces when the price hits the support trendline. A successful breakout above this resistance could lead to bullish momentum, significantly increasing the probability of reaching our target strong resistance area. 💎However, if CHRUSDT fails to break through the resistance, it could face rejection and head back down to revisit the demand area. 💎The bullish scenario will be invalidated if CHRUSDT fails to sustain above the demand area. Should this occur, the price could dip further. Stay focused, patient, and disciplined, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1