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Bitcoin's Wave 5 of 5: The Road to 180k?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! #Bitcoin Fractal Potential (Log): Bitcoin’s price movements have long fascinated analysts, particularly the recurring fractal patterns observed within actionary waves. These patterns, while intriguing, require careful interpretation, as they do not guarantee future outcomes but offer potential insights into the market’s trajectory. This analysis focuses on wave 5 (W5) within the actionary waves 1 and 3. Historically, W5 has often been the longest wave in these sequences, suggesting a possibility for significant movement if the pattern persists. However, it’s essential to approach these projections with caution and flexibility. The Wave Structure In Elliott Wave Theory, actionary waves 1, 3, and 5 are motive waves, typically impulsive and aligned with the primary trend. Among these, wave 3 usually attracts speculative momentum, leading to significant price moves. Historical data suggests, in this case, that wave 5 has frequently outpaced waves 1 and 3, hinting at the potential for the final wave 5 to extend as well. This pattern, while intriguing, is not a fixed rule and should be treated as a hypothesis rather than a certainty. Key Levels: W4 and Conservative Pivots For wave 5 to develop, wave 4 (W4) must establish firm support. Currently, the critical level to watch is 86.8k. If Bitcoin holds this level, it could provide a foundation for further upward movement. Using conservative pivots, potential targets for W5 are estimated between 145k and 180k. These projections are based on historical extensions but remain speculative and contingent on market conditions. Potential Scenarios Bullish Case: If Bitcoin holds above 86.8k and demonstrates impulsive upward moves, it increases the likelihood of hitting the projected targets. Look for strong rallies and corrective pullbacks as indicators of sustained momentum. Bearish Case: A failure to maintain support at 86.8k could invalidate the W4 setup, suggesting a deeper correction or a shift in the wave structure. This would necessitate reevaluation and could indicate a prolonged consolidation phase. Caveats and Confluence While the projections are based on historical patterns, they are not deterministic. The potential alignment of area levels and Fibonacci zones adds confluence but does not eliminate uncertainty. Observing impulsive price movements and corrective behaviors at smaller degrees is crucial for confirmation. It’s also important to remain aware of external market factors that can influence Bitcoin’s price action. These variables can disrupt even the most well-founded wave structures. Final Thoughts The potential for Bitcoin to reach 145k-180k is an exciting prospect, but it is not a foregone conclusion. Traders should treat these projections as one piece of the puzzle and incorporate other tools and analyses. Flexibility and adherence to key levels are essential to navigate the inherent uncertainty of markets. Whether history repeats or diverges, the coming months will provide valuable insights into Bitcoin’s fractal tendencies and market behavior. Trade safe, trade smart, trade clarity.
COINBASE:BTCUSDLong
by CryptoKnee
Is ARB Poised for a Major Move? Here’s What You Need to WatchYello, Paradisers! Are you ready for a potential game-changing move in #ARBUSDT? The current setup hints at a decisive moment that could lead to either a breakout or a steep decline. Let’s dive into the details to see what’s unfolding. 💎#ARBUSDT is currently sitting between two critical levels. On the upside, the $0.8400 minor resistance is a key threshold that buyers need to breach to regain momentum. A successful break above this level could open the door to $1.00 and eventually test the major resistance zone at $1.2389–$1.2949. This area represents a psychological and technical barrier likely to attract significant profit taking. Overcoming it, however, could trigger an explosive rally as bullish sentiment takes hold. 💎On the downside, the support zone at $0.6515 is acting as a safety net for now. If this level fails, #Arbitrum could descend into the demand zone at $0.5685. A decisive bounce from here, coupled with increased volume, could signal the start of a rally targeting resistance levels and beyond. Conversely, a failure to hold this zone would confirm a bearish breakdown, inviting further downside movement. 💎The battle between bulls and bears hinges on how #ARB reacts to these critical levels. If buying volume increases near $0.8400 and #ARBUSD clears it with strength, the momentum shift could drive prices higher toward the $1.2389 region. Conversely, any rejection at $0.8400 or weakness near $0.6515 would signal that sellers are still in control, increasing the likelihood of a breakdown. Keep an eye on trading volume, as it will confirm the strength of any breakout or breakdown. Low volume moves are often fakeouts, so stay cautious and wait for clear signals before entering a trade. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Will #ANKR See Another Bullish Push From the Bulls? Key LevelsYello, Paradisers! Is #ANKRUSDT poised for a breakout, or are we heading deeper? Let’s break down this critical setup for #Ankr: 💎#ANKR has been trading within a descending channel on the 4-hour chart. The price is approaching the descending resistance of this channel and the next few candles will determine whether bulls are ready to take control. 💎For #ANKRUSD to confirm a breakout, it must decisively close above the $0.0406 resistance level. This would open the door to a rally towards the major resistance zone at $0.0485, where sellers may return in force. A strong breakout here could fuel momentum for further upside, potentially targeting even higher levels. 💎If buyers push the price above $0.0485, it will signify a major shift in market sentiment, and we could see #ANKR head toward $0.0580 or higher. To confirm this breakout, you need to watch for increased trading volume and strong bullish candles. Without these signals, any upward move risks being a fakeout. 💎On the flip side, failure to break the descending resistance could lead to a pullback toward the $0.03307 support level. If this support doesn't hold, the price may retest the demand zone at $0.02776. 💎A 4-hour candle close below $0.02776 would invalidate the bullish setup and could trigger a sharp decline toward $0.02500 or even lower. Traders should exercise caution if this scenario unfolds. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
BTCUSD: Williams bounce points to $119k next.Bitcoin is neutral on its 1D technical outlook (RSI = 52.385, MACD = -483.200, ADX = 34.048) and just today it hit its 1D MA50, which is the first sign of restoring the bullish trend. The strongest bullish indicator is the Williams%R, which has rebounded rapidly since turning oversold at -93.00. Every time it hit that level and rebounded since July 2024, it rallied by +30%. Consequently, we aim for just under that level (TP = 115,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
#ROSE Ready for a Bullish Breakout or Not? Key Levels to WatchYello, Paradisers! Is #ROSEUSDT preparing for a bullish breakout, or will we witness a deeper correction? Let’s dive into this crucial setup for #Oasis: 💎#ROSE has been trading within a well-defined descending channel on the 8-hour chart, a structure that often precedes significant market moves. Price is currently hovering near the resistance of this descending channel, and a breakout here could be the game changer bulls have been waiting for. 💎If #ROSEUSD breaks above the descending resistance, the first major hurdle will be the resistance at $0.1159. A clean and sustained breakout above this level could signal the start of a strong bullish rally. The next target would then lie within the major resistance zone between $0.1597 and $0.1671, representing a potential upside. However, you must watch for confirmation with strong volume and clear bullish candles to avoid falling for a fake breakout. 💎On the downside, the $0.074 level serves as critical support and has been a stronghold for buyers so far. If LSE:ROSE fails to break the resistance and bears regain control, we could see the price revisit this support zone. If this level also fails, the last line of protection for bulls is the underlying strong support at $0.056. 💎A daily close below $0.0563 would invalidate the bullish setup and open the door to further downside toward the $0.0400 region, where stronger demand could be tested. However, discipline and risk management remain essential as we await confirmation of the next move. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
ZILUSDT: Will Zilliqa Explode or Collapse from Here? Yello, Paradisers! #ZILUSDT is sitting at a crucial inflection point. The market is testing a strong support zone that could either trigger a significant rally or lead to a steep drop. Are we about to witness a breakout or a breakdown? Let’s dive into the details. 💎#Zilliqa is currently approaching a key support level around $0.01788, a zone that has consistently acted as a springboard for bullish momentum in the past. This level has been tested previously, showing signs of strength. However, if the support fails to hold, it could spark a cascade of selling pressure, potentially dragging the price down to the next lower Demand at $0.01600. 💎For now, all eyes should remain on the current support zone at $0.01788. A decisive bounce from here, coupled with increased volume, could signal the start of a rally targeting resistance levels and beyond. Conversely, a failure to hold this zone would confirm a bearish breakdown, inviting further downside movement. 💎The RSI is hovering near oversold levels but hasn’t yet shown a clear signal for a reversal, leaving ZIL in a precarious position. This is a critical juncture, Paradisers. The next move could set the tone for #ZILUSDT in the coming weeks. Whether the market breaks out or collapses, remember to wait for confirmation before taking action. Discipline and patience are the foundation of successful trading. Focus on preserving capital and only act on high-probability setups. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
ATAUSDT: Will the Bulls Hold the Line, or Are We Heading Lower?Yello, Paradisers! #ATAUSDT is at a pivotal moment, and the next move could define the trend for days to come. After a sharp breakout, ATA has pulled back toward a critical demand zone. Will buyers step in to defend this level, or are we about to see another leg down? 💎The supply zone at $0.1844 has proven to be a major hurdle, as sellers overwhelmed the bullish momentum after the recent breakout. This zone has become a key resistance level, and breaking above it is essential for the continuation of an uptrend. On the other hand, the demand zone at $0.1337 is where buyers need to make a stand. A failure to hold this level would likely send #ATA tumbling down toward the next significant lower demand at $0.1038. 💎Currently, the 100 EMA is providing dynamic support. If the price respects this level, it could signal the beginning of a recovery. A bounce here could trigger renewed bullish momentum, while a breakdown would confirm bearish control. 💎Paradisers should remain cautious and wait for clear signals before taking action. A strong bounce at the demand zone with high volume would be a good indicator of renewed buyer interest, while a breakdown below $0.1038 would likely open the door to much lower levels. Stay disciplined and patient, and remember to always wait for confirmation before entering a trade. Protect your capital, stay focused, and trade like a pro! Share your thoughts in the comments what’s your move for #ATA? MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Trading While Tired: How Lack of Sleep Messed Me UpThere was a time in my trading journey when I thought staying up late would make me a better trader. I’d sit at my desk until the early hours, staring at charts and telling myself, “The more I watch, the more I’ll win.” At first, it seemed like it was working. I caught a few decent trades late at night and felt like I was ahead of the game. But then, it all started to go wrong. The Day It Hit Me One morning, after getting just four hours of sleep, I sat down to trade like I always did. But something felt off. I couldn’t focus on the charts—I kept missing obvious patterns. On one trade, I completely forgot to set a stop-loss, and it ended up costing me more than it should have. By the end of the day, I had made so many mistakes that I didn’t even recognize myself as a trader. I was losing money, and I felt like a mess. What Lack of Sleep Does Looking back, I can see how skipping sleep was hurting me. Here’s what I went through: - I Couldn’t Think Clearly: I felt foggy and couldn’t concentrate on my trading plan. - I Made Bad Choices: I rushed into trades without thinking them through. - I Was Moody: Losing trades hit me harder than they should have, and little things made me angry. - I Drank Too Much Coffee: I thought caffeine would fix my tiredness, but it just made me jittery. - I Broke My Rules: I was too tired to follow my trading strategy. How I Fixed It One day, after another sleepless night and a morning full of mistakes, I decided enough was enough. I told myself I needed to change. The first step? Making sleep a priority. At first, it was hard to turn off the charts and go to bed. I thought I’d miss out on opportunities, but the truth was the opposite. With proper rest, I became sharper, calmer, and more confident in my trades. What I Learned -Sleep is as important as trading skills—you can’t think clearly without it. -Watching the charts all night doesn’t help if you’re too tired to make good decisions. -A good night’s sleep leads to smarter, more focused trading. Are You Trading Tired? If you’re staying up late and feeling exhausted while trading, it’s time to change that. Trust me, your trades will get better when your brain has the energy to work properly. If you’re stuck or want to chat about how to balance trading with a healthy lifestyle, send me a DM. I’ve been there, and I’m here to help! Kris/Mindbloome Exchange
KRAKEN:GALAUSDEducation
by Mindbloome-Trading
6
#MBOX Ready for a Pullback or Will it Fall Further? Key LevelsYello, Paradisers! Is #MBOX gearing up for another rally, or are we facing a deeper pullback to shake out the weak hands? Let's break down the latest analysis of #MOBOX: 💎#MBOXUSDT has been trading within a well-defined Descending Channel since its peak earlier this year. It has recently shown signs of strength by breaking out of the channel resistance while sweeping liquidity near $0.35 and then reversing. Currently, the asset is coming down to the lower support zones for a liquidity capture. 💎The $0.38–$0.42 range is a critical supply area where the profit-taking wave comes into play. For any sustainable rally, #MBOXUSD must clear this zone decisively as it has historically served as a rejection point. 💎If AMEX:MBOX maintains support above $0.17 and builds momentum, we could see a powerful surge toward the $0.38-$0.42 resistance zone. Breaking above $0.42 would unlock further upside, with potential targets around $0.50 or even $0.55. However, bulls need strong volume and conviction to fuel this breakout. 💎The support zone between $0.17 and $0.119 remains the Bulls' primary defensive line. A daily candle closing below the $0.119 support level would invalidate the bullish thesis, paving the way for a potential drop toward $0.10 or lower. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
BTC at a Critical Juncture: Should You Top Up Your Long Position🚨 BTC at a Critical Juncture: Should You Top Up Your Long Position? 🚨 Bitcoin's price action looks fragile as we enter the year's final days. With BTC hovering near the $92,000 - $87,000 support zone , traders are closely watching whether this key area will hold — or if a break below $90,000 will open the floodgates for further downside. The Setup: What's Happening Now? BTC is trading at $93,070 , testing major support. Failing to hold $92,000-$87,000 could invalidate bullish setups and signal a bearish reversal. The market is thin due to the holiday season, increasing the risk of snap volatility and liquidity sweeps . Key Factors to Watch 1. Critical Support Zone: The $92,000 - $87,000 range is where buyers have historically stepped in to push BTC higher. A break below $90,000 would be a bad sign for BTC and may lead to downside targets of nearly $80,000 . 2. Indicators: Momentum Reversal Indicator (MRI): No strong bullish reversal signal yet. Look for a Green Setup progression or daily price flip confirmation. RSI: If RSI approaches oversold levels (~30), it could signal an opportunity to DCA or add to your long position. 3. Macro Risks: Upcoming unemployment data may inject volatility into an already illiquid market . The broader risk-asset sentiment remains cautious, with global liquidity conditions weighing on bulls. Trading Decision: Should You Add to Longs? Yes, IF: BTC successfully tests and rebounds from $92,000 - $87,000 . Look for supporting signals like a Green Setup progression or bullish divergence on RSI. No, IF: BTC breaks below $90,000 on high volume. This would invalidate the current support zone, signaling more downside potential. Risk Management Tips Stop-Loss: Place it just below $87,000 to minimize risk. Take-Profit: Target $95,000 - $100,000 , but scale-out gradually if resistance strengthens. Leverage: Use 2x leverage cautiously , ensuring proper risk control. Closing Thoughts BTC is at a make-or-break moment. The $92,000 - $87,000 support zone could be a solid entry point for long positions if it holds — but a breakdown would bring downside targets like $80,000 into play. What's your take on BTC's price action this week? Are you adding to your long position or waiting for confirmation? Let's discuss this in the comments below! 👇
BINANCE:BTCUSD
by hydtie
ENS Price Action: Rebound Imminent or Bearish Freefall?Yello, Paradisers! Is #ENSUSDT gearing up for a significant rally, or are we looking at a bearish breakdown? Let’s take a closer look at what the charts are telling us. 💎#ENS seems poised to retest its support level before potentially continuing its upward movement. A breakout above the minor resistance could spark a strong rally, with the price likely heading toward the next key target at the strong resistance area. 💎However, there’s a risk to watch out for. If ENS fails to rebound and breaks below the support zone, the price could head lower, potentially hitting the bullish order block or demand area. This region is crucial for maintaining a bullish structure. If ENS manages to reclaim support around the $32 mark, there’s a good chance of a rebound and resumption of the upward move. 💎On the flip side, if the daily candle closes below this area, it would signal a bearish invalidation. In that case, we could see a deeper dip, with ENS entering a completely bearish phase and continuing its downward trajectory. Stay disciplined, trade smart, and let’s navigate this market with a professional mindset! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
#TON Ready For a Massive Move Ahead or Not? Key Levels to Watch Yello, Paradisers! Will #TON finally break its descending resistance and ignite a powerful rally, or are we in for a bearish breakdown? Let’s break down the latest analysis of #Toncoin: 💎#TONUSDT is trading within a symmetrical triangle formation, which typically signals a period of consolidation before a decisive move. Currently, the price is hovering around $5.80, just beneath the descending resistance. For a bullish breakout, TON needs to reclaim this key resistance zone near $7.20. 💎If buyers manage to push the price above $7.20, we could see a swift rally toward the major resistance zone at $10.00-$11.00, with strong momentum potentially driving further gains. This breakout would confirm a reversal and signal that buyers are back in control. 💎However, the $5.24-$4.50 range remains a critical support zone. If this level holds, it would provide a solid foundation for another bullish attempt. But if #TONUSD breaks below $4.50 with a daily close, it would invalidate the current structure, opening the door for a sharp move lower—potentially toward $3.00 as sellers regain control. 💎The key to navigating this setup is patience and discipline. TON is approaching a critical decision point, and the next move will likely determine the medium-term trend. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Bitcoin Battles Between Key Support and Resistance – What’s NextBitcoin is currently trading near $94,500, resting on a strong confluence of support. The price is testing the 100 EMA on the 12-hour chart, which aligns with a critical horizontal support zone around $93,000. At the same time, a descending trendline is acting as resistance, keeping the price under pressure. A breakdown below the marked support zone could trigger a sharp decline toward the next significant level around $88,000. On the other hand, if BTC holds this support and breaks above the descending trendline, it could signal a bullish reversal, pushing the price back toward $98,000 and potentially higher.
BITFINEX:BTCUSDShort
by unichartz
Could LIT Be Preparing for a Massive Move? Key Levels to Watch Yello, traders! Have you noticed the subtle clues #LITUSDT is dropping about its next potential breakout or breakdown? This chart is screaming opportunity, but the question is: are you ready to capitalize? Let’s break it down. 💎#LITUSDT is approaching minor resistance at $1.00. This level has proven to be a significant barrier for LIT, as repeated attempts to push higher have been met with rejection in the past. This level is currently dictating whether bulls can take control or if sellers will continue dominating the market. Just below this, the $0.834 support zone has provided a critical safety net for the price. Buyers have consistently stepped in to defend this level, making it a key point to monitor for any potential breakdown. 💎If the price breaks through the $1.00 minor resistance, the next stop to watch is the resistance area around $1.254. This region could serve as a temporary pause before the price advances toward the major resistance zone near $1.475. A breakout above these levels could ignite strong bullish momentum, especially if accompanied by rising volume. 💎However, failure to hold the $0.834 support zone would signal weakness, possibly triggering a sharp sell-off. This would likely push #LITUSDT lower toward the broader demand area below, leaving bulls in a precarious position. The next few days will be crucial as the market decides its direction. Remember, Paradisers, the market rewards those who think strategically and trade with precision. Stay focused, stay disciplined, and let’s make the next move count! Where do you think #LITUSDT is heading? Share your thoughts below! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
ARKUSDT: Is the Bullish Momentum on Thin Ice? Yello, Paradisers! #ARKUSDT is making waves again, but is it gearing up for a major breakout, or are we on the brink of a deeper correction? Let’s dive into the details to prepare for what’s next. 💎#ARK has shown a strong rebound from the support zone, signaling a potential continuation of its bullish movement. However, for ARK to confirm a bullish structure, it must break above the minor resistance at $0.671. If this breakout happens, ARK could rally toward the major resistance zone, marking a successful upward trajectory. 💎But what if ARK fails to break this resistance? Even if the price climbs to test the $0.671 level, a rejection could lead to a retest of the support area between $0.44 and $0.40. Historically, this zone has been respected multiple times, with the price consistently rebounding. 💎The critical risk emerges if ARK fails to rebound and breaks below the support area. A breakdown here would signal the loss of the higher low (HL) structure, likely turning the price bearish. In this scenario, ARK could continue its decline toward the major support zone at $0.30–$0.26. As long as ARK remains above this range, there’s still potential for a rebound. 💎However, if ARK’s daily candle closes below $0.26, the bullish case becomes invalidated. This would confirm a bearish trend, with the price likely to continue dipping further. Stay focused and disciplined, Paradisers. Analyze the levels carefully, and always wait for confirmation. 🎖 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
TELUSD: holding the 1D MA50 kickstarts rally to 0.0600Telcoin is neutral on its 1D technical outlook (RSI = 48.029, MACD = 0.000, ADX = 25.040) as it remains low on its 1D MA50 but for the time being well supported. It's been almost 1 month since the incredibly bullish 1D Golden Cross, which resembles the one of the previous Cycle on January 12th 2021. That was during the start of that year's alt season. The two fractals are identical both price-wise and in terms of RSI. If the 1D MA50 stays clear, we are looking for a ATH test (TP = 0.06000) even though technically we can easily see a test of the 3.0 Fibonacci extension. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:TELUSDLong
by InvestingScope
1
Can #BONK Bulls Capture this opportunity for Bullish Rally?Yello, Paradisers! Will #BONK finally break out of its descending wedge and deliver the next big move, or will we witness a deeper correction? Let’s dive in: 💎#BONKUSDT is trading within a classic falling wedge formation and hinting at the possibility of a bullish breakout if key levels are reclaimed. Currently, the strong demand zone at $0.00002490–$0.00002941 is holding steady, showing that buyers are stepping in to defend these levels. If this support continues to hold, we could see #BONK attempt a breakout above the descending resistance around $0.00003192. 💎A clean breakout above this resistance would likely trigger a rally toward the major resistance zone at $0.00003924. Beyond that, #BONKUSD could extend its gains to $0.00004500 or higher, riding the momentum typical of wedge breakouts. However, without significant buying pressure, the price could stall under the resistance, leading to further consolidation. 💎If the demand zone at $0.00002490 fails, the situation flips bearish. A breakdown below this level would invalidate the wedge pattern, opening the door for a move down toward $0.00002000 or lower as sellers take control. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
Double Top Breakdown: Measured Move Targets 2021 Top**Double Top Pattern with Red Box and 2021 Top as Key Levels** 1. **Pattern Overview**: - The **double top** is clearly defined with two peaks above the red box, signaling a significant bearish reversal. - The **red box** represents the **neckline**, a critical level that has been breached, confirming the bearish pattern. 2. **Measured Move Alignment**: - The **measured move from the double top breakdown** suggests a potential target that aligns closely with the **2021 top**, reinforcing it as a major support zone. - This adds confluence to the setup, suggesting that the 2021 top may act as the next significant area of interest for buyers. **Key Levels and Roles**: - **Red Box**: Previously a support level, now acting as resistance after the breakdown. - **2021 Top**: Positioned near the measured move target, it is likely to act as a strong support if the bearish move extends. **Indicators Supporting the Bearish Case**: 1. **Parabolic SAR**: - Bearish dots above the price confirm downward momentum. 2. **RSI**: - Momentum leans bearish but remains above oversold levels, leaving room for further downside. 3. **Volume**: - Weakening volume during the breakdown confirms reduced buyer interest and validates the bearish move. **Scenarios**: **Bearish Case**: - A retest of the **red box (neckline)** could act as a resistance zone, confirming the breakdown and initiating further downside. - The measured move target aligns with the **2021 top**, adding significance to this level as the next potential area of support. **Bullish Case (Invalidation)**: - Reclaiming the red box as support would invalidate the double top and open the door for a potential reversal back toward the highs.
CRYPTOCAP:TOTALShort
by vagada
AVAX Teetering on the Edge: Will It Soar or Plunge into Chaos?Yello, Paradisers! Are we on the verge of witnessing AVAX’s next big breakout, or is a devastating collapse brewing? The chart is screaming volatility, and this is where disciplined traders either thrive or fall behind. Let’s dive into the analysis. 💎#AVAXUSDT is approaching a key demand zone, raising the high probability of bullish continuation from $32.90–$34.98. This zone is currently holding as a vital barrier for the bulls. If this level continues to act as a floor, we could see a reversal back toward $45–$54, where significant resistance awaits. A clean breakout above this resistance could spark a bullish rally, with the next targets around $59 and beyond. However, without strong buying pressure, the upward momentum may stall. 💎If the bulls manage to defend this demand zone $32.90–$34.98 with conviction, we could see a rapid upward rally, pushing prices higher. However, if #AVALANCHE fails to hold this demand zone, the lower support zone at $29.30–$30.21 will come into play. Breaking below this support would confirm a bearish breakdown, potentially dragging #AVAX down to $25 or even $20 in an accelerated sell-off. 💎Patience is key here, Paradisers. This setup could result in massive gains for those who wait for confirmation rather than jumping in prematurely. Emotional trading in moments like these often leads to losses, so stick to your plan, manage your risk, and let the market come to you. Play it like a pro, and let patience be your edge. The market rewards the strategic, not the impulsive. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8