Yello Paradisers, Potential Coin! #GMX
💎 GMX is exhibiting intriguing movements, particularly if it successfully breaks out of the major falling wedge pattern. The optimal entry point would be post the breakout of this falling wedge pattern.
💎 Should GMX fail to breach or face rejection at the resistance area, it’s likely to revert to testing the key support...
Solana Super Hype. The main (long-term) trend. Timeframe 1 week. Logarithmic chart.
Coin of the famous “hedge fund” Alameda-research. Despite the useful applications and development of various applications on this blockchain, the asset (coin) itself is in fantastic profits. Be careful when trading and follow risk management. This is the basis of profits.
This...
💎 TRB is currently situated within a weekly resistance area, marking a pivotal moment for its trajectory.
💎 Examining past movements, TRB, just a week ago, experienced a substantial rejection at this level, plummeting 40% to reach a robust demand zone. Presently, TRB is retesting this weekly resistance area, following a notable rebound from the strong demand...
LOOMUSD has seen in incredible rise during the last two weeks that just hit the LH trendline, basically the technical Resistance that is holding since November 2021. It is no surprise that the 1D timeframe is overbought but such parabolic rise turned even the 1W technicals overbought (RSI = 78.126, MACD = 0.007, ADX = 36.174). Keep in mind that this rise started...
💎 Paradisers, brace yourselves for a promising opportunity with #MKRUSDT! We're observing a bullish flag formation and a mitigation of the supply zone, signaling a potential upward move👀
💎 Currently, #Maker is trading in a demand zone and has touched the $1305 level, forming a bullish flag pattern. This suggests that bullish momentum is being restored. If a...
💎 Heads Up, Paradisers! Brace yourselves for an exhilarating opportunity with XRPUSDT! We’ve spotted it navigating through an ascending channel, gearing up for a potential bullish advancement.
💎 In the past, we’ve noticed it maneuvering through a descending channel, whose breakout triggered a notable downward shift. It seems like this asset is scripting a similar...
Logarithm. The time frame is 1 month. The main bitcoin trend (almost all of it). Idea for understanding cyclicality, and secondary trend capitulation zones. Also, for understanding where the price is in a long-term trend.
The idea shows surrender zones in secondary trends. The timing of bitcoin's halvings and the trend reaction in the aftermath. Cyclicality....
💎 Paradisers, Take Notes! ICP/USDT is on the verge of a breakout from its descending channel pattern. Observing the daily close candle is vital to confirm a genuine breakout.
💎 If LSE:ICP remains above the support trendline at this point, it will signify a confirmed breakout.
💎 Examining ICP’s past behavior reveals its steady stance in a Strong Demand zone....
💎 Paradisers! Brace yourselves as we've spotted #OPUSDT positioning itself for a spectacular move! It's currently navigating through a descending channel, setting the stage for a potential upward breakout.
💎 A few days ago, our observations pinpointed that after testing the bearish OB, NASDAQ:OP initiated a substantial downward trajectory. After securing...
Bitcoin Cash (BCH) technical analysis:
Trade setup : Bullish breakout from Channel Down pattern and above $200 resistance, with big volumes, could signal that the price is finished with consolidation, the supply from sellers has been finally fully absorbed and price can resume its long-term uptrend. Price could revisit $250 resistance.
Pattern : Price was...
WEMIXUSD had the biggest 1W bullish candle last week in 2023 turning the 1W technical outlook bullish (RSI = 59.545, MACD = -0.041, ADX = 41.950) and the 1D RSI extremely overbought. A lot of traders will understandably rush to buy on this level especially since the price crossed over the 1W MA50, but that is not confirmed bullish region yet.
You can see that the...
Logarithm 1 week. The key is the formation of a large symmetrical triangle (perhaps it will reformat into an ascending triangle).
Perhaps, as in the last cycle, after its formation there will be a false breakout with a -40% (03 2020) extra long position being taken out before the real trend reversal. Whether it will happen again this time or not is another...
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...
💎 Paradisers, stay alert! MATIC/USDT is currently traversing a demand zone, and we are holding a positive outlook for a potential upward journey.
💎 In the past few days, its movement has been restricted to a specific range. It previously faced resistance at the bearish order block, close to the $0.52 level.
💎 Given its ongoing upward momentum, MATIC appears...
💎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...
BTC/USD
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Technicals:
on a Daily resistance and the 4hr TF, we can spot an area of value as it is shown in the graphic which is the exact area that in the current market conditions managed to resist and push the price higher. With conservative SL just below the AOV and a realistic target to Take Profit(TP1), we have a 1:11 RR ratio.
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Fundamentals:
Bitcoin and...
💎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...
