💎 This year, #JOEUSDT has demonstrated an impressive performance, showcasing a maximum growth of 439% since January. However, following this parabolic rise, there was a sharp decline, leading the price to correct down to a key demand zone. 💎 After a successful bounce from this support area, we are now witnessing higher highs and higher lows, with #JOE moving...
💎 #JOEUSDT has recently broken below an ascending channel, indicating a potential Bearish Flag pattern. However, it's important to note that the price has not yet breached the key demand zone near the psychological level of $0.3. As a result, while the probability has shifted in favor of the sellers, we may still anticipate an extended consolidation period before...
💎 Our analysis of #INJUSDT reveals a promising mid-term trend that remains bullish. We have observed the formation of higher highs (HH) and higher lows (HL), indicating a strong upward momentum. Additionally, the recent bounce off the uptrend trendline further strengthens this bullish outlook. 💎 Presently, the price finds itself in a crucial position, caught...
💎#TRXUSDT has emerged as one of the standout performers this year, displaying remarkable resilience during the recent market downturn. The overwhelming presence of buyers is undeniable, indicating a strong likelihood of continued upward momentum. 💎It's worth noting that the price has reclaimed its position above the long-term uptrend trendline, which now serves...
#ADAUSD bulls holding strong at the $0.38 demand zone after three consecutive attempts to break below. But that's not all, a recent breakout above the downtrend trendline has added fuel to the bullish pattern. This is a clear indication of complete bullish domination, and we're excited to see where it goes from here. But we're not jumping in just yet. We need to...
💎 Today, #ZILUSDT has made contact with a crucial demand zone, simultaneously reaching the lower boundary of an extended descending channel. In tandem with this, we've observed a clean bounce off the 227.2% Fibonacci retracement level. These factors collectively suggest that we might be at the bottom. 💎 If the price manages to stay above today's low, it could...
💎 Yesterday, #UNIUSDT experienced a significant break below a long-term support level, which also coincided with the bottom of a triangle formation. This break signals a continuation of the long-term downtrend, although there are several important factors to consider. 💎 After the triangle break, the price found support at the downtrend trendline, accompanied by a...
💎 Ladies and Gentlemen of ParadiseClub, exciting developments are underway for #ADAUSDT within the symmetrical wedge pattern! 💎 Our beloved #Cardano recently experienced an impressive bounce off the 327.2% and 61.8% Fibonacci support levels near the wedge's lower boundary. This precise rebound, accompanied by a bullish MACD divergence, emphasizes the significance...
💎 In our previous analysis of #ADAUSDT, we highlighted the short-term upside potential as the price traded near the bottom of the range. Since then, we've witnessed the formation of a double bottom in the bearish zone, followed by a breakthrough to our projected resistance level. 💎 The sentiment has now clearly shifted towards a bullish outlook for #ADA. The...
💎 Right now, #YFIUSDT continues to trade within a descending channel, confirming the ongoing mid-term downtrend. However, recent price action, particularly the break above the downtrend trendline, indicates an increase in buying interest. 💎 After the trendline breakout, the price retraced to the 78.6% Fibonacci support level, where we witnessed a clean bounce....
💎 The formation of a double bottom on #BANDUSDT could be the signal bulls have been eagerly anticipating. Interestingly, we're seeing similar patterns across multiple coins recently. However, with #BAND, we're also observing how the downtrend trendline has flipped from support to resistance. It appears the price is gearing up for an upward move, targeting the...
💎 Since #XMRUSDT's bounce and rejection of the 78.6% Fibonacci support, coupled with the uptrend trendline, we're seeing the price gravitate towards that trendline once more. This suggests that buying pressure could be ramping up, opening the door to a significant upside potential. 💎 However, this bullish scenario will hold water only if the $130 psychological...
💎 Recently, #SSVUSDT completed an ABC corrective pattern, a classic move according to the Elliott wave theory. This was followed by a break to the upside, suggesting a strong buying presence in the market. 💎 The latest price action shows a pullback on #SSVnetwork, which was halted right at the 38.2% Fibonacci support level. Alongside this, the price also...
The recent price action in #IOTXUSDT has shown some interesting developments. After briefly entering a bearish zone, we are now witnessing a potential shift in momentum. Here's what we're observing: 💎Bullish Divergence: The MACD indicator is displaying a bullish divergence, indicating a potential reversal in the price trend. 💎Support Reclaimed: Price has managed...
💎 #FetchAI (#FETUSDT) recently broke below the downtrend trendline, signaling a continuation of the downtrend. The current price sits at the 161.8% Fibonacci support, indicating a potential for a pullback. A correction could lead #FETUSDT back to the trendline breakout point near $2.4, coinciding with the VolumeProfile resistance. 💎 Sellers currently dominate the...
💎 Last week, #DEXEUSDT took a trip down memory lane and retested the previous low, shaping what appears to be a double bottom. At this juncture, MACD flashed a bullish divergence, which was followed by a price breakout above the downtrend trendline. 💎 Fast forward to today, we're seeing a clear rejection of that trendline, now playing the role of support....
💎 #ETCUSDT has been hugging the lower edge of the Bollinger Band for nearly two months. However, a recent change in the wind has #EthereumClassic bouncing back from the lower band, supported by the 227.2% Fibonacci level. The price has started to climb, and just yesterday, we saw a confirmed break and closure above the resistance downtrend trendline. 💎 This...
💎#IOTXUSDT has made significant moves in recent price action, breaking above the downtrend trendline and the recent high. And this breakout might have signaled a growing bullish momentum. 💎Prior to the breakout, the price successfully rejected the uptrend trendline, demonstrating the strength of the bulls in defending the support level. This validates the...