💎The current long-term price action of #COMPUSDT presents an enticing opportunity. Taking a step back and examining the broader context, we can observe a compelling narrative. Following the formation of a double bottom pattern, there was a monumental breakout above the downtrend trendline in June. During this bullish surge, the price experienced an impressive 269%...
💎#BAKEBTC is currently exhibiting robustly bullish price dynamics. A keen examination reveals a recurring pattern: the price consistently breaches the downtrend trendlines on the daily chart, signaling a sustained long-term uptrend. 💎At present, the price finds itself sandwiched between the supply and demand zones, predominantly trading at the lower boundary of...
💎At present, #SOLUSDT exhibits a well-defined uptrend, characterized by the consistent formation of higher lows and higher highs. This pattern signifies a healthy upward trajectory. Moreover, a recent clean bounce off the uptrend trendline reaffirms the prevailing uptrend sentiment. 💎However, as we analyze the price action, it's imperative to consider both...
💎In the world of cryptocurrencies, #HBARBTC stands out as one of the coins that has managed to maintain a valid uptrend against Bitcoin. This distinction becomes evident when we observe the price consistently staying above the uptrend trendline. Currently, it's intriguing to see that the price is testing this trendline once again. This area holds the interest of...
💎A few weeks ago, #FLMBTC accomplished a significant feat by closing above a critical supply zone on the weekly chart, hinting at the possibility of a bullish reversal. However, it's crucial to exercise caution and seek further confirmations to enhance the probability of this outlook. Specifically, the MCP team is closely monitoring the current demand area. Should...
Today, we will analyze the #NEOBTC pair, which is displaying promising signs of a potential bottom formation and a reversal in its long-term trend. 💎First and foremost, Paradisers, we want to draw your attention to the current demand area located near 0.0002776 BTC. Since September 10th, this support level has undergone two tests, and it's evident that this level...
💎#ELAUSDT is currently in the process of forming an extensive triangle pattern when examined on the 3D chart. This pattern exhibits the diligent respect for the uptrend trendline on the downside and the recognition of the supply zone around $2.07 on the upside. 💎A prominent development that has garnered our attention is the precise rebound from the 88.6%...
💎 Paradisers, let's delve into the intriguing realm of #WAVESUSDT, where the market has woven a tale of wide-ranging price dynamics throughout the year. Within this narrative, we encounter distinct boundaries—a formidable resistance zone dwelling near the psychological fortress of $3.00 and the emergence of a compelling double bottom formation, nestled around the...
💎Today's spotlight is on #TRUUSDT. The token has recently anchored its support at the $0.030 mark, aligning nearly perfectly with the 78.6% Fibonacci retracement level. Before this stabilization, #TRU sketched out a double bottom pattern. This pattern, followed by a surge past the local resistance, hints at a possible trend reversal. 💎 What does this mean for...
💎 On May 19th, #RNDRUSDT reached its highest point in 400 days, testing the $2.95 level. However, what followed was a persistent decline, resulting in a substantial 57% drop. 💎 A noteworthy aspect of this decline is the price action surrounding the 61.8% Fibonacci support level. Bulls have demonstrated resilience in defending this critical level. Simultaneously,...
💎 Since its low in June, #RUNEUSDT has demonstrated impressive strength, boasting a remarkable 140% price surge. This performance places it among the top performers in recent times. Notably, the price journey broke free from a descending channel, catapulting from $1 to the psychological resistance at $2. 💎 Following this substantial upward move, a consolidation...
💎#KASUSDT has recently delivered an impressive performance, marking an almost 60% price surge since the month's commencement. This upward trajectory initiated following a bounce from the 50% Fibonacci support level at $0.032. Simultaneously, we observed a decisive rejection of the long-term uptrend trendline. These two pivotal events propelled the price upward,...
💎The #NEOUSDT daily chart has been exhibiting an intriguing price action pattern that's worth our attention. Of particular note is the remarkable resilience of the $6.76 support level, which has seen the price bounce off it three times consecutively. This support level coincides with the 78.6% Fibonacci retracement level, further enhancing its significance. 💎In...
💎For over 2 months, starting from the end of June, #ASTRUSDT has displayed consistent upward movement, firmly entrenched within an ascending channel. However, a pivotal development occurred on August 23 when the price decisively breached the upper boundary of this ascending channel. This breakthrough hinted at the potential for an accelerated uptrend....
💎Turning our focus to the #VETUSDT weekly chart, it becomes evident that recent price movements have piqued our interest. Over the past year, #VET has maintained a tight range, primarily hovering around the $0.015 support area. During this extended period, it has formed what appears to be a compelling triple bottom pattern, and the most recent bounce off this...
💎 #INJUSDT has recently formed a double bottom near the $6.2 support. But, at the same time, the downtrend trendline is holding strong, suggesting that bears are still in control. 🐻 💎 However, the presence of a potential double bottom introduces the possibility of a sentiment shift from bearish to bullish if we witness a decisive 4-hour break and close above the...
💎 A Promising Start: #LPTUSDT has drawn our attention with recent price action, notably finding support at the 78.6% Fibonacci retracement level. 💎 Long-Term Bullish Trend: Compared to most cryptos, #LPT maintains a strong long-term bullish trajectory, increasing the potential for further growth. 💎 Flag Formation: Over the past week, a Bullish Flag pattern has...
💎 On the daily logarithmic chart, yesterday #ASTRUSDT showcased a precise bounce off its uptrend trendline. This behavior is consistent with the bullish trend that has been evident since June. 💎 The demand zone, which is of paramount importance, has remained steadfast. This zone is possibly where bullish traders have been actively accumulating over the past two...