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SHIB/USDT is Ready For a Potential Rally | Shiba Inu Analysis 💎Hello Ladies & Gentleman of ParadisersClub, SHIB/USDT is currently on an intriguing path, steering towards a likely upward swing. 💎In our previous analyses, we saw how demand morphed into supply, causing a significant dip in price. As of now, a 4-hour chart reveals an order block, indicating that the price could soon reach this demand zone and ignite a bullish wave. 💎Diving deeper, Shiba Inu experienced a 36% correction after plummeting from its peak on August 12th, even dipping below the 0.618 Fibonacci retracement level. 💎What's captivating is the candle on August 17th, which closed above this Fibonacci level, and the subsequent Doji candle on August 22nd. This Doji, with its long lower wick and green close, reversed before even touching the 0.618 support. 💎This pattern suggests that while bears attempted to drive the price down, the bulls swooped in, buying up assets and potentially setting the stage for a bullish run. 💎Stay alert and adaptable, Paradisers. Keep your eyes peeled for more updates and happy trading!
Long
by MyCryptoParadise_Simon
AUDUSDRegarding our observations, currently there are significantly more buyers in the market. Breaking RSI-based trend line after overbought and oversold levels worked well for this instrument recently. We are in oversold again after a mighty break We might see some correction in Aussie move in this week or may be in next weeks. You can both enter after breaking 0.6450 or wait for reaching to around 0.6375. Next weeks we might join sellers again around the 0.6560! Remember that Aussie down trend might be due to bad economical data release of China as the main importer of Australia and also China's ambitions regarding Taiwan may end up in an economic conflict between the free world and China.
Long
by AliSignals
GBPCAD - The GBP Is Unstoppable!Analysis: This is another setup that we see involving the GBP and this is pretty much the same as our GBPUSD setup. Firstly looking at price it's clear to see that we're in an upwards trend. We're forming higher highs and higher lows. We also have an upwards trendline which is being respected giving us even more confluence that we're in a strong upwards trend. Price formed this pullback last week which was expected, however we've now pulled back to an area that interests us and an area where we expect to see bullish momentum form. At this level we have a previous area of resistance. As we know resistance often becomes support once broken so this to us looks like a possible area of support. We have more confluences however which line up with our area making it not just a possible area of support but instead a strong area of support. At this level we have the 61.8% fib retracement level. This is often classed as the strongest fib retracement level meaning that we should see buyers step in and push price higher, going in favour of our idea. Another confluence that we have is the upwards trendline. When this trendline has been touched in the past we've see it be respected then the buyers step in and push price higher. History often repeats itself especially in trading so we expect this to happen. Again going in favour of our bullish thesis. The final technical confluence that we have is the slowing bearish momentum. On Friday last week we saw some bullish momentum step in and take control of the market, which is a strong sign to us that we could be seeing price reverse and continue its move to the upside. This morning we had some news that was negative for the GBP, however this move that we got, in our opinion was an over reaction and we expect to see price continue with the bullish momentum we saw come into the markets at the end of last week. We don't just have the technicals on our side but we also have the fundamentals. Currently the GBP is the 2nd strongest major currency whereas the CAD is the 4th strongest major currency giving us even more reason to be long on this pair. That's not the end of it though. As of the most recent COT report we saw an increase of 18K short positions and an increase of 24K long positions on the GBP, which is bullish. For the CAD however we have a different story. We saw an increase of 3K short positions, whilst seeing a decrease of 1K long positions. This is bearish for the CAD. Both the fundamentals and the technicals favour being long on this pair which is why we have a bullish bias. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
18
USDJPYAs a student of SMC, I've just shorted USDJPY earlier in the day on the 1H timeframe. There is a 1H OB where price showed a strong rejection (it may or may not respect it). Further more there is a divergence happening on the Daily Timeframe. Add on to more confirmation, there is a strong resistance where price shows there is a strong sellers happening at that 1H OB area. If you do have any suggestions or Idea's or even traders from SMC, drop down a comment down below. let's discuss more about USDJPY market structure. NOTE: I'm not a professional advisor nor a signal provider, trade at your own risk and MM.
Short
by Student_of_Forex
SUI/USDT is Ready For a Potential Upward Movement💎Ladies and Gentlemen of ParadiseClub, SUI/USDT is poised for a captivating shift. At present, it's navigating towards the Demand Zone, hinting at a potential upward trajectory. 💎In our past observations, demand transitioned into supply, leading to a notable price descent. Presently, an order block is evident in the 4-hour chart, suggesting that the price might touch this demand zone and kickstart a bullish trend. 💎A noteworthy point is the price's pushback after securing liquidity at the OB. Yet, a word of caution: there's another OB beneath that the price might address before embarking on a bullish journey. 💎In the ever-evolving crypto realm, staying updated and agile is essential. Keep an eye out for further insights and happy trading, Paradisers!
Long
by MyCryptoParadise_Nathan
2
IMX/USDT is Showing Bullish Momentum | Immutable Analysis💎 IMX/USDT is currently navigating a descending channel, with a potential breakout on the horizon. 💎 If this breakout happens, it's poised to catalyze a projected impulsive surge. 💎 Notably, there's a confirmed order block in the shorter timeframe. Due to existing liquidity, the price is anticipated to gravitate toward these levels. 💎 In a previous phase, demand transitioned to supply, leading to a marked price decline and aiming for the prior OB. 💎 In the ever-fluctuating crypto landscape, being updated and flexible is essential. Keep a lookout for further insights and savor your trading voyage.
Long
by MyCryptoParadise_Nathan
OXT Might be Preparing For a Possible Correction| 💎 OXT/USDT seems poised for a potential pullback, with indicators pointing towards diminishing strength and a likely descent. 💎 The first engagement with the OB will be pivotal. Should a rejection manifest, it could indicate a liquidity drain, suggesting a shift to tackle the Bullish Order Block and a possible bearish progression. 💎 Conversely, the price might find resilience at the prior order block, steering its trajectory northward. 💎 In the ever-evolving crypto realm, knowledge and adaptability remain paramount. Keep an ear to the ground for further insights and relish your trading voyage.
Short
by MyCryptoParadise_Nathan
1
ETH/USDT 1D Review Chart 18.08I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First of all, using the yellow line, we can mark the uptrend line, from which the price went down. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, first we have the support zone from $ 1610 to $ 1479, which at the moment held the price, the second very strong support at the price of $ 1298, and then we can see a drop to around the support level $1061. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here as the first resistance we will mark the zone from $1743 to $1819, then we have the second zone from $1899 to $2009, and then a very strong resistance at $2146. The CHOP index indicates that the energy has been used. On the RSI we crossed the lower limit which also indicates the use of energy, while the STOCH indicator rebounded and the energy was used to rebound the price after the decline.
by cryptodailyuk
(ASX:ALL) Staying above 200SMA for couple of weeks> Always enjoying going to my fav place and had an eye on this company for some time. > Aristocrat Leisure Limited (ASX: ALL) designs, develops and distributes gaming content, platforms and systems, including electronic gaming machines, casino management systems and digital social games. The Company's land-based products are approved for use in more than 300 licensed jurisdictions and are available in over 90 countries. The Group also operates within the online social gaming and real money wager markets. > Starting nibbling a bit from last couple of weeks. > Consistent dividend-paying company that to increasing every year. > due to COVID business is impacted but long term story remains intact as consumer behaviour will not change. > An opportunity for me to add this in long term portfolio.
ASX:ALL
by Peaceful-Weekend-Investing
ATOM is About to Start an Explosive Uptrend | ATOM/USDT Analysis💎ATOM/USDT is painting an optimistic landscape in the 1D Timeframe. A standout observation is its strategic positioning within a pivotal demand zone. 💎 There's a distinct OB and market imbalance around the $11 price point. Given the current dynamics, there's a strong inclination that ATOM might re-engage with this level soon. 💎 In the recent past, we've witnessed a transformation where demand has transitioned into supply, with ATOM carving out Equal Lows. 💎 While the overarching sentiment and indicators lean towards a positive trajectory for ATOM, the broader market's volatility remains a wildcard. It's essential to factor in this unpredictability as it could sway the outcome. 💎 Stay vigilant, and always look for real-time market shifts. The world of crypto is ever-evolving, and staying informed is the key to navigating it successfully.
Long
by MyCryptoParadise_Nathan
3
What's Next For BNB/USDT? Binance Coin Analysis 💎Attention, Paradisers! BNB is currently on a downward trajectory, eyeing a revisit to its pivotal support zone around $220, a level it has approached twice before. 💎Recently, BNB experienced a sharp price drop, establishing a bearish OB and creating an imbalance on its chart. 💎We're hopeful that after touching the $220 support, BNB will pivot and address the earlier imbalance. 💎Yet, it's essential to note that the broader market's volatility can influence BNB's price direction. 💎Stay connected for the latest insights and market updates with us.
Long
by MyCryptoParadise_Nathan
2
Eurusd : Bullish USD data and Inflation Fears 🛫 Hello everyone. Switching things up today with a in-depth look into recent sentiment and my thoughts on the last 5 bearish weekly candles on EURUSD. A mix of Bullish USD data and the fact that inflation looms above all of our heads has caused market participants to flock into the Safe haven USD. What are your thoughts on this decrease of EURUSD back into the range that EU has been stuck in since January? Thanks for joining me for another analysis and reading this far. See you in the next analysis!
by ShrewdCatfx
Guilty Pleasure Altcoins - Which are yours?Hi Traders, Investors and Speculators of Charts📈📉 I'm constantly on the lookout for projects with great potential. Microcaps often x10, x100 or even x1000 if you're lucky enough to catch them early AND take profits. However, today's post is something a little different. Let's talk guilty-pleasure coins and let's get real. Have you ever invested (or are currently invested) in a coin that is considered a "bad investment" by the community? If so, which coins and why did you decide to go for it regardless ? I'll go first... XRP 💰 I am still a hardcore believer in the fundamentals, even though I can't deny the evergrowing negative consensus and overwhelming bad rep that XRP gets from other analysts (often rightfully so). I've been a bag holder for many years, and my main reason is just sentimentality 😂 Now, VRAUSDT: The reason for using VRA/ Verasity for the cover is because I genuinely am undecided about this one. I'm not a big fan of coins who's decimals I can barely read so seeing a massive liquidity drain even before this microcap reached 0,09 isn't the best help for confidence in the project. However, the fundamentals seemed promising at the time. Incase you missed it: Verasity is a platform that aims to revolutionize the way that online video is viewed and monetized. It does this through a number of features including Proof of View (PoV), Engagement Rewards, VeraWallet, and VeraViews. PoV is a technology that uses blockchain to verify that users are actually watching videos, as opposed to simply clicking on them and then leaving. This helps to ensure that advertisers are only paying for genuine views. Engagement Rewards rewards users with VRA tokens for watching videos, engaging with ads, and participating in other activities on the Verasity platform. This helps to create a more engaged and interactive viewing experience. VeraWallet is a secure wallet that allows users to store their VRA tokens and participate in the Verasity ecosystem. VeraViews is a decentralized video sharing platform that uses the Verasity platform to verify views and reward users. All the above said, the fundamentals sounded great upon release. But obviously, something went wrong and I'll say this about it: The one thing I hate more than advertisements, is being forced to watch an ad. I've seen this new trend when I use apps on my phone that have ads. Suddenly, an annoying ad pops up. When trying to click the "X" or "Close" or "Skip" button, instead of actually taking me back to what I was doing (like very intensely playing solitaire) the click actually takes me to the site! Could it be that the reason for the project not taking off so well is more people like me just find it annoying and related scenarios? Especially if your reward for watching a 30sec ad is worth 0,004c... And so the question begs: Scam, guilty pleasure coin or worth-the-wait? _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
by CryptoCheck-
20
MATIC/USDT Chart ReviewI invite you to review the MATIC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. Moving on, we can move on to marking support areas when we start a larger correction. And here the first very strong support is at the price of $0.59, but when the price drops below, we can see a drop to the support of $0.31. Looking the other way, we see that the price has rebounded from the first significant resistance at $ 0.90, which so far has no strength to break. then second resistance is at $1.03, then we have another resistance zone from $1.16 to $1.34, then strong resistance at $1.56. When we turn on the EMA Cross 200, we see that the price rebounded from this line and thus remained in a strong downtrend. Please look at the CHOP index, which indicates that there is still energy for this move, the RSI has a strong rebound with room for the price to go lower, while the STOCH indicator also indicates that there is some energy left for the next move.
M
by cryptodailyuk
What's Next Possible Move of MATIC/USDT? Polygon Analysis💎Attention, Paradisers! Turn your focus to MATIC, as it's gearing up for potential movements, offering a few captivating possibilities. 💎MATIC faced resistance at the OB a few days ago, sparking an upward trend. Yet, with a hint of slowing momentum, it's projected to re-engage with the OB. Should it falter at this juncture, anticipate a bullish continuation from a key support point. 💎Delving into its trajectory, we've noticed a shift from demand to supply, resulting in a pronounced dip. 💎After capturing liquidity from below, MATIC seems primed to climb, targeting the overhead imbalance. 💎Keep a close watch for further insights and relish your trading adventure.
MLong
by MyCryptoParadise_Nathan
DOT is on the Verge of its Next Bull Rally | Polkadot Analysis💎Dot is currently positioned near a pivotal support area, having engaged with it on two occasions, signaling potential future movements. 💎At the moment, Dot finds itself within a zone of high demand. If it remains above this region, we might be on the cusp of a bullish ascent. 💎However, should it waver, a bullish trend may only emerge after revisiting the lower order block. 💎On closer inspection, we observed a phase where demand morphed into supply, resulting in a discernible price decline. 💎Looking forward, a distinct supply zone paired with a bearish order block is evident. There's a strong likelihood that Dot will undertake a bullish route to rectify this disparity. 💎In the ever-evolving crypto landscape, staying updated and versatile is paramount. Keep an eye out for further insights and savor your trading adventure.
Long
by MyCryptoParadise_Nathan
SAND is Preparing For a Bullish Movement | SAND/USDT Analysis💎 SAND is currently charting its course within a defined triangle pattern, characterized by clear support and resistance demarcations. Here's a breakdown: 💎 Defined Boundaries: The triangle showcases consistent interactions at its support and resistance boundaries, emphasizing their role in shaping SAND's trajectory. 💎 Anticipated Breakout: As SAND approaches the triangle's resistance, market participants are watching keenly for potential price shifts. 💎 Breakout Potential: Should SAND pierce and sustain above the resistance, it could trigger a significant bullish wave. 💎 Bullish Catalyst: A successful triangle breakout could stimulate increased buying activity, driving SAND's price upwards. 💎 Technical Backing: This bullish narrative is complemented by other technical indicators, adding weight to the optimistic view. 💎Always ensure you undertake thorough research and due diligence before committing to any investment moves.
Long
by MyCryptoParadise_Nathan
What's Next For Flagship Currency? BTC/USDT Analysis💎 The premier cryptocurrency, BTC, is currently nestled in a narrow range just beneath the $30k mark, with volatility seemingly taking a backseat. 💎 A glance at the 1D timeframe reveals a Bullish OB, coupled with a potential FVG situated just below the current price, spanning between $26k-$28k. 💎 Once BTC breaks free from this confinement, a dip to the FVG range is plausible, followed by a spirited ascent toward the $35k mark. 💎The optimal entry for this trade would likely be amidst this correction, and we're hopeful about BTC touching these projected levels in the near future. 💎However, on the flip side, if somehow the BTC can't hold the correction to the FVG range, we might be looking at $25-22k levels. 💎 Stay vigilant and keep abreast of the ever-evolving crypto landscape.
Long
by MyCryptoParadise_Nathan
RNDR/USDT is Building Momentum for Next Rally 💎 On the 1D timeframe, RNDR is sketching an optimistic scenario, suggesting a potential bullish surge. 💎 The MACD is tilting towards a bullish divergence, signaling a possible upward shift following the consolidation breakout. 💎 A retrospective glance reveals the price took a downturn after establishing equal highs. Moreover, the shift from demand to supply further intensified the bearish pace. 💎 There's a clear untouched supply and bearish territory. It seems likely that RNDR will target this area for equilibrium in the near future. However, if the price slips past the support zone, brace for a potential drop. 💎 In the dynamic realm of crypto, staying informed is essential. Keep an eye out for further insights and relish your trading adventure.
RLong
by MyCryptoParadise_Nathan
5
VET is Ready for its Next Bullish Rally | VET/USDT Analysis 💎 VET/USDT is currently navigating a robust demand zone, hinting at a potential upward shift. 💎 Not long ago, it skillfully tapped into liquidity, tackled the descending OB, and set its course upward. 💎 As of now price is consolidating but we're on the lookout for a bullish surge past the trend line. 💎 With a clear supply zone and liquidity just above, there's a strong chance the price will engage with this level in the near future. 💎 In the ever-evolving crypto landscape, staying updated is crucial. Keep an eye out for further insights and savor your trading adventure.
Long
by MyCryptoParadise_Nathan
2
LTC/USDT 1D Review Chart Hello everyone, I invite you to review the LTC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the uptrend channel where the price is moving in the lower range. Moving on, we can move on to marking support areas when the correction begins to deepen. And here in the first place we have a support zone from $77 to $69, then we can see a drop to the second very strong support zone from $56 to $40. Looking the other way, we see that the price first has to break the resistance at $87.31, then we have a strong support zone from $98 to $114, once we break it we will move towards the resistance at $134. Please look at the CHOP index which shows that most of the energy has been used, on the RSI we have a rebound and we are moving in the lower part of the range, however on the STOCH indicator we can see that most of the energy has been used which may stop the current correction.
by cryptodailyuk