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ZK/USDT (Polyhedra Network) Long Entry!Exciting times for ZK/USDT on the Polyhedera Network! It's been turning heads, securing the #3 spot in Top 20 Coins Searches and claiming the #1 position in Most Visited Coins over the past 24 hours. From a technical standpoint, the recent breakthrough is especially notable. Breaking the descending trendline, which previously acted as a formidable barrier with four resistances, marks a significant shift in momentum. To confirm a bullish trend, however, it's crucial for ZK/USDT to solidify this breakthrough by retesting the support and resistance flip zone highlighted in the blue box. This zone presents a compelling opportunity for a LONG entry, signaling a potential continuation of the upward trajectory. Keep a close eye on ZK/USDT as it navigates these critical levels, and let's see where this momentum takes us! Let's wait for the breakthrough of the support and resistance flip zone highlighted in the blue box and its retest on it. Don't forget to trigger your trade at the retest or meaningful zones such as breaker block, demand zones, or etc. Have a happy trading time!
Long
by TB_Global
BTC - Potential new ATH by the end of this monthWe're currently in a downtrend, with Lower Lows and Lower Highs; however, it seems to be looking slightly bullish right now. Lots of different data showing the price will likely increase to ~70k within the next few weeks. There is a lot of resistance within the yellow zone highlighted here. The price will likely face rejection within this zone and if we're lucky will correct back to ~62k support at the lowest. From there there is a better chance of the 70k movement occurring. The price is currently very undervalued, but also volume is quite low. This is likely due to the fact many have bought and are still holding, and new investors are waiting to see what will happen. If the price however drops below 56.6k on the rejection, we may see extended bearish price movement to the 48-52k region, but likewise this should just be temporary; but it will postpone the 70k+ push by likely a few weeks. If the trend however is bullish, this could result in a new ATH by the end of this month. A new ATH by the end of this month would put the price of BTC back on track with its trajectory to reach 198k by end of June 2025.
Long
by YinYangAlgorithms
AUDJPY Analysis (2nd May 2024) AUDJPY Analysis On the 1 Hour timeframe, price has rejected off a high probability orderblock and coming lower after a strong rejection off the orderblock. There are 2 scenarios i am looking at: 1) Price comes down and breaks the most recent higher low at 102.204 to look for a break and retest on the 1 hour to continue shorting. 2) price to respect the 1 hour OB and create a 5/15 minute change of character before looking for confirmations to long. It is important to take into account what the JPY Basket does as it tells us how strong or weak the yen is.
by CallistoFX