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SPACE ID bullish ride ?👀 🚀ID Today Analysis 💎 ID USDT is poised for a significant move as it's currently trading in a high-demand zone, indicating a potential upward trajectory. 💎 Another key observation is that it's on the verge of crossing over the 21 EMA. If the price maintains its momentum above this EMA, it could present a favorable trading opportunity. 💎 Above, there's a supply zone that the price is expected to address smoothly. However, if the price breaks below the support level, we could see a downward shift. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
#IDUSDT Seeks Upside Break and 66% Growth Potential💎IDUSDT has recently formed a double bottom pattern near the critical $0.25 support level, establishing a robust demand area. This development highlights the significance of this price zone. 💎Moreover, the subsequent break above the downtrend trendline suggests a role reversal, with the trendline now serving as a potential support level. However, the price has encountered resistance at the supply area, raising concerns about the likelihood of an uptrend. 💎In light of these observations, the MCP team will closely monitor the price action of #IDUSDT, particularly focusing on a potential breakthrough above the supply zone. Such a breakout would free up liquidity and pave the way for further gains. 💎In fact, there is a possibility of a 66% increase from the current level. This projection is substantiated by the presence of a strong resistance at the double Fibonacci level, coinciding with the downtrend trendline. Additionally, we will carefully monitor two other double Fibonacci resistance levels, as any bounce off these levels could trigger a significant pullback. Stay informed and prepared, Paradisers, as we navigate the #IDUSDT market dynamics and uncover valuable opportunities amidst the evolving landscape. 🌴
Long
by MyCryptoParadise
2
🔥 ID Breaking Out Of Bear Trend: Huge Potential!ID has been trading bearish for 2.5 months, losing over 75% of its total value in the process. However, it seems that there might be an end to the selling. ID is currently underway of breaking out through the dotted diagonal resistance line. Wait for the 8H candle to close above the line to confirm the break out and scout an entry. Target placed at 1.00, stop below the recent swing low. This trade gives us an amazing 11.6 risk-reward. For a less risky trade you could take (partial) profits around 0.50 or 0.75
Long
by FieryTrading
7
ID's Next target is 0.95$!Hi every one ID has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ID is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Pennant pole) to happen! The Next target is around 0.95$! 🟡Summery: -ID has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pennant is Visible on The chart! -No break out yet! -Next Target at 0.95$ 🤑Stay awesome my friend Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
6
SPACEID IDUSDT Price analysis (4h)Hello dear traders and investors of TradingView community! Having witnessed a remarkable surge in recent weeks, the price of SPACE ID (IDUSDT) embarked on an impressive rally, originating from the accumulation zone established between 0.44 and 0.50 during the initial weeks of April. Surpassing all expectations, the price soared to reach the remarkable threshold of one dollar by the middle of the month. Nevertheless, it subsequently encountered a modest setback, retracing to the 50% Fibonacci retracement level. At present, the price is consolidating, characterized by a period of stability and range-bound trading, potentially paving the way for an anticipated breakout. Market observers and investors are keenly monitoring the situation, anticipating a potential upward surge from the current level of 0.64 towards the projected target of 0.75. What are your thoughts on this post? Give it a Boost 🚀 if you agree and leave a comment to share your perspective!
by Vestinda
9