SPELLUSDT Forming Bullish Falling WedgeSPELLUSDT is currently exhibiting a bullish falling wedge pattern, a formation that often precedes a significant upward breakout. The price has been gradually compressing between converging trendlines, and recent candles suggest growing bullish pressure near the wedge’s support. With a good volume profile backing this consolidation, the chart structure is lining up for a potential breakout that could yield a projected gain of 90% to 100% in the near term.
Spell Token (SPELL) powers the Abracadabra.money ecosystem, a DeFi lending protocol that allows users to borrow stablecoins using interest-bearing assets as collateral. As DeFi begins to regain traction in the broader crypto market, SPELL is drawing more investor attention due to its utility and role within a growing protocol. This resurgence in investor interest is aligning well with the technical setup, indicating strong potential for bullish price action.
Technically, a breakout from the falling wedge pattern with sustained volume could confirm the bullish reversal. Once the resistance line is breached, it may trigger an impulsive rally with minimal overhead resistance, creating an ideal scenario for swing traders and short-term investors targeting explosive moves. The projected upside from the current pattern breakout points toward levels not seen since previous local highs, reinforcing a bullish narrative.
In summary, SPELLUSDT is showing strong signs of a trend reversal with an ideal bullish chart pattern and healthy volume. The convergence of technical indicators, pattern formation, and growing market interest sets the stage for a potential high-reward setup in the coming weeks.
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Spellusdt
SPELLUSDT | Buyers Are Stepping In, Green Box Marks Key SupportVolume and order-flow data show genuine buying interest in SPELLUSDT right now. The green box on our chart highlights a zone where buyers have consistently defended price, making it a reliable area for potential entries.
🟢 Support Zone to Watch
The green box aligns with previous demand levels. When price revisits this area, it often pauses or rebounds as buyers step back in.
A clean bounce off this zone coupled with a higher-low on a 5‑ or 15‑minute chart gives us the confirmation we need.
🔍 Confirmation Criteria
Lower-Time-Frame Structure
Wait for price to form a solid base inside the green box before getting involved.
CDV and Volume
Look for a shift in cumulative delta volume and an uptick in buying volume to validate the move.
🎯 Trade Plan
• Long Entry when the green box holds and confirmation appears on lower time frames.
• Stop Placement just below the green box to keep risk defined.
• Adapt if Price Breaks Down: I will not insist on a long if support fails without a retest. In that case, I’ll step aside and look for the next setup.
This approach helps you trade with confidence rather than guesswork. By waiting for clear signs of buyer strength in the green box, you align yourself with the market’s true intent. Stay patient, watch the signals, and let’s capture the next move together.
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
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🐶 DOGEUSDT.P: Next Move
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🟣 UNIUSDT.P: Long-Term Trade
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📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
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🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
$SPELL/USDT Breakout Alert!🚀 $SPELL/USDT Breakout Alert!
SPELL has broken out of a symmetrical triangle on the 4h chart, confirming a strong bullish move!
• Entry: CMP
• TP: 0.0008612
• SL: 0.0005143 for risk management.
Momentum looks after consolidation — eyes on continuation if volume stays strong!
DYOR, NFA
#SPELLUSDT continuation of the downtrend📉 SHORT BYBIT:SPELLUSDT.P from $0.0009866
🛡 Stop Loss: $0.0010430
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:SPELLUSDT.P remains in a downtrend, forming lower highs and lower lows. The price failed to hold above $0.0010000, signaling weak buying momentum.
➡️ POC at $0.0010250 suggests that major volume accumulation is above the current price, reinforcing the bearish outlook.
➡️ If the price stays below $0.0009866, a continuation towards $0.0009485 and $0.0008901 is expected.
➡️ Volume remains moderate, indicating declining demand and a likely continuation of the downtrend.
⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $0.0009866 if price confirms rejection at resistance.
➡️ Risk management with Stop-Loss at $0.0010430, above key resistance.
🎯 TP Targets:
💎 TP1: $0.0009485 — first profit-taking level.
🔥 TP2: $0.0008901 — major support zone.
🚀 BYBIT:SPELLUSDT.P Expecting a continuation of the downtrend!
📢 BYBIT:SPELLUSDT.P remains under selling pressure. If the price holds below $0.0009866, further downside movement towards $0.0009485 and then $0.0008901 is expected.
📢 However, if the price reclaims $0.0010430, the bearish scenario could be invalidated, leading to a potential upward correction.
#SPELL (SPOT-INVEST) IN(.00051- .00070)T.(.0120) SL( .0004663)BINANCE:SPELLUSDT (DEFI)
Entry (.00051- .00070)
SL 1D close below 0.0004663
T1 .0020
T2 .0028
T3 .0044
T4 .0120
Extra Target .0200
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
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This trade advices.
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1- this coin may give you more than 10X in the end of bull market if you could hold it with market volatility
2- after crossing .002 nothing will stop this coin to achieve all the targets
______________________________________________________________
Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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SPELL is set for a bull run aheadThe liquidity pools are located at the top of the chart. The upper pivots have been used up. This is suitable for Spot trading. After clearing 0.00014580, we can initiate a BUY when the price returns to the green zone and hold the position until it reaches the red zone.
To manage risk and control traders' emotions, target levels have been provided where traders can take profits in stages and move their stop-loss higher.
A candle closing below the invalidation level will invalidate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ONDOUSDT UPDATEONDOUSDT is a cryptocurrency trading at $1.32142. Its target price is $1.90000, indicating a potential 50%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about ONDOUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. ONDOUSDT is poised for a potential breakout and substantial gains.
SPELLUSDT (SpellToken) Updated till 18-01-25SPELLUSDT (SpellToken) Daily timeframe range. PA tried at 0.0011704 but seller overcome that resistance. depend on cool down if buyers hold on to it in mid level than we can see another push. local support 0.0006925 if holds, there will be always another chance.
#SPELL/USDT#SPELL
The price is moving in a descending channel on the 12-hour frame, about to break upward
With a strong support area in green at 0.0007000, the price has already bounced from it
We have a trend to touch the Moving Average 100
We also have a downtrend on the RSI that has been breached upward
A moderate rise is expected over 3 levels
Entry price is 0.0008440
The first goal is 0.0009613
The second goal is 0.001150
The third goal is 0.001274
Spell Token (SPELL)Spell Token is a reward token associated with abracadabra, a lending platform that uses interest-bearing tokens as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap (SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according to the collateral they decide to use.
Anyway, it is clear that SPELL has changed direction from downward to upward. It seems that SPELL is making a Cup and Handle pattern; if true, considerable growth is expected. Let's see what happens.
SPELL Token --- Potential for a Inverse head & shoulders to formDCA buying in the right shoulder area
could be prove to be fruitful
when we get out general Altcoin rally
The investment thesis is quite simple
people will see that Fantom might be trading at a $1.50 soon enough
And think damn , I missed a 10X
what can I buy in the fantom the ecosystem to catch up that 10X
So they venture further down the risk spectrum
And find spell, spookyswap, tomb etc
You get the idea don't you
It's the same with people seeing BTC trade at 80K and thinking damn I missed that train what else can I buy???
#SPELL/USDT#SPELL
The descending triangle has been broken since July 2023
The downtrend was retested again before completing the rise.
The first goal is 0.000800.
The second goal is 0.001070.
A correction is expected after the first goal.
This bullishness is supported by oversold conditions on the MACD.
It is also supported by a moving average of 100 upwards.