💎 The recent market dynamics surrounding #BTC have indeed been quite notable. 💎 It appears to have formed a double top pattern, with the support neckline around the $60,700 area. This could signify a bearish trend if Bitcoin breaks below this support. 💎 However, if Bitcoin manages to break the resistance directly, it would invalidate the pattern and signal...
💎 IOTA has indeed showcased notable market dynamics recently. It's currently bouncing from a support area, suggesting a potential upward movement to test the supply area. 💎 If it successfully breaks through the supply area, it could pave the way for a return to the strong resistance zone. 💎 However, if IOTA fails to hold the support area and breaks down, it...
Cardano tested last week and held (closed the 1W candle over it) the 1W MA50 for the first time since October 2023. The 1D technical outlook is oversold (RSI = 29.115, MACD = -0.050, ADX = 36.349) and the 1W timeframe bearish (RSI = 44.076). The pattern it is printing though is very much like September 2020, when after successfully holding the 1W MA50, it started...
💎 Paradisers, the recent market dynamics surrounding #ICP have indeed been noteworthy. 💎 Previously, when ICP hit the support, it bounced back, and now it appears that the price will retest the support area. However, if ICP fails to bounce, the next likely stop is the Bullish OB area. 💎 A potential scenario could see a strong bounce if ICP reaches the Bullish OB...
💎 Paradisers, the recent market dynamics surrounding #PENDLE have indeed been noteworthy. 💎 Experiencing rejection once more at the strong resistance area, PENDLE has retraced back downward, potentially targeting the demand zone between 5.16 and 4.67. 💎 If PENDLE reaches the demand zone, it will be crucial for it to bounce back and attempt to break above the...
💎 Paradisers, the recent market dynamics surrounding #SEI have indeed been noteworthy. 💎 Experiencing rejection at the resistance area and retracing back to the support, SEI now requires a bounce to attempt another breakout above resistance. 💎 Success in breaking this resistance could pave the way for a bullish reversal, potentially leading to the attainment of...
Trade setup : Trends are mixed. After a bearish breakout from Channel Up pattern, price has pulled back below 200-day moving average (~$9.30), which could signal a bearish trend reversal to downtrend. However, price is now oversold (RSI < 30) just as it nears $8.00 support and could bounce up near-term. Swing traders: this could be an attractive swing trade entry...
💎 Paradisers, the #ANKRUSDT pair has captured our attention with its intriguing dynamics. Currently, it hovers near a crucial demand zone, hinting at a high probability of a bullish trajectory. 💎 Recent Developments: #ANKR diligently traces both high and low trajectories. We’ve identified an SPA pattern formation since the price broke the previous low, and...
💎Paradisers, fasten your seatbelts for an exhilarating journey with #FLUXUSDT! The cryptocurrency charts a bullish course, springing forth from a critical demand level at $0.8544. This level serves as a launching pad for a robust leap into bullish territory. 💎 A remarkable development is its escape from a descending trendline, propelling #FLUX on an optimistic...
💎 Paradisers, let’s delve into the #SOLUSDT analysis! An intriguing shift has occurred, with momentum gradually recovering from critical support following a significant drop. 💎 A few days ago, we observed a double top formation. Subsequently, the price of CRYPTOCAP:SOL experienced a substantial decline, breaking below recent lows and completing an SPA pattern....
💎 Paradisers, the recent market activity surrounding #BAKE has indeed captured attention. Currently positioned within the bullish OB area, there's potential for BAKE to find support and initiate an upward trajectory. 💎 Should this materialize, BAKE may test resistance levels, with a breakout signaling bullish sentiment and potentially leading to further upward...
💎 Paradisers, the recent market movements of #LTC have certainly drawn attention. LTC finds itself at a critical juncture, teetering on crucial support. 💎 A successful bounce from this support could reignite upward momentum, potentially leading to a retest of strong resistance areas. 💎 However, should LTC fail to find support and breach both the critical...
💎 Paradisers, the recent market movements of #SKL have caught our attention. Currently, SKL is encountering resistance, with a breakout needed to reignite upward momentum. 💎 A successful breakout could propel SKL towards our target area within the supply zone. 💎 However, if SKL faces rejection at this resistance level, a retreat to test the support trendline is...
Trade setup : Price remains in an Uptrend. It got rejected 2x at $72K level but as long as it stays above GETTEX:64K (prior swing low), its uptrend is intact. We would be buyers near that GETTEX:64K support area, with +15% upside potential back to ATH of $74K. Stop Loss (SL) level at $62.7K. The recent approvals of 10 Bitcoin Spot ETFs are working in BTC’s...
💎 Paradisers, it's intriguing to see the recent market dynamics of #OP. With the bounce from the demand area and now testing the resistance, the next moves are critical. 💎 If #OP manages to break above the resistance, it could signal a bullish reversal, paving the way for further upward movement, and potentially testing the strong resistance area. 💎 However, if...
💎 Paradisers, direct your attention to #GRTUSDT for an intriguing trading opportunity that hints at a potential bullish surge emerging from a key demand level. 💎 Over recent times, #GRT has consistently adhered to a descending channel pattern. As the price approaches the demand level, maintaining momentum here could significantly enhance the chances of a bullish...
💎Paradisers, focus on #BALUSDT as it teeters on a pivotal moment. Positioned at a key support level, #Balancer is priming for a potential bullish surge. 💎After meeting resistance at $4.43, BAL now tests the waters at the crucial support of $3.45. Holding above this level could propel a bullish continuation, buoyed by BAL's solid performance above the EMA—an...
💎Paradisers, #JUPUSDT has just grazed the bottom of its ascending channel, setting the stage for a potential climb. Keep your eyes peeled for an upward trajectory as #Jupiter seeks higher grounds. 💎If the price of #JUP struggles to maintain its footing at the channel's lower boundary, we anticipate a bullish pivot from the support at $0.691. This level is primed...