◳◱ On the $MAGIC/ CRYPTOCAP:BTC chart, the Bband Breakout Super-Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00001628 | 0.0000179 | 0.00002071 and support near 0.00001347 | 0.00001228 | 0.00000947. Entering trades at 0.00001586 could be strategic, aiming for the next resistance...
Trade setup : Price remains in an Uptrend. It’s trading in a Channel Up pattern. Swing Traders can enter near channel support trendline, which is also near $105 horizontal support, and exit near channel resistance trendline (~$150). Stop Loss (SL) level at $93. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the...
FETCH AI - Game Plan 2024 Fetch will surely play a similar game and will need to go down to the support trendline. After the retest, I am expecting a price target of $2.85 per $FET in 2024. This is gonna be a really clean and amazing play to watch. Let's see how this goes.
Trade setup : After a bearish breakout from Channel Up pattern, price has pulled back to $13.00. However, it remains in an Uptrend. Momentum is inflecting bullish again (MACD Histogram rising) and price could swing back up to $16.75 for +25% potential upside. Stop Loss (SL) level at $11.90. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and...
Key Support Area Analysis: SAND/USD is currently positioned at a critical support level, historically significant as a former resistance zone. This level also coincides with the 4-hour trendline, reinforcing its importance in our analysis. Bullish Outlook: Considering the convergence of support factors, our analysis suggests a bullish bias for SAND/USD from...
TFUEL has been consolidating under the 1W MA200 since the 1W candle of March 4th. This week and two weeks ago, it even crossed it but failed to close the candle over it, keeping the 1W timeframe overbought (RSI = 78.657) but 1D rather neutral (MACD = 0.005, ADX = 31.357). This means that the market is waiting for that 1W candle validation above the 1W MA200. We...
📊 Key Insights: Upcoming Event: SUI conference in Paris this week may lead to a "buy the rumor, sell the news" scenario. Price Watch: Monitoring price action within the current zone for potential indications of movement. Bullish Signals: Price closing above $1.70 could signal a move towards the top of the range and potentially into price discovery. Trade...
Trade setup : Trends are mixed but long-term still appears in an Uptrend with Higher Highs and Higher Lows. Bullish breakout from a Descending Triangle pattern could see price swing up to $0.65-$0.68 near term and possibly $0.80 thereafter. Stop Loss (SL) level at $0.55. Pattern : Price is trading in a Descending Triangle pattern. Typically, a breakout will...
In this live trading session video,we look at open positions on BRENT and GBPUSD and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them.
💎 Paradisers, #ASTR has recently demonstrated significant market dynamics. After bouncing from the support area, ASTR is now facing the challenge of breaking out above the resistance trendline. 💎 A successful breakout would likely signal further upward movement, with the potential to reach the next target at the strong resistance area. 💎 However, if ASTR fails...
💎 Paradisers, let’s dive into the #FTMUSDT analysis! A fascinating shift has unfolded as it breaks free from its descending channel, creating an exciting stage for a potential bullish surge. 💎 Over an extended period, #FANTOM has meticulously traced the contours of a descending channel. Presently, the price is testing a critical support level at $0.9116. Our...
💎 Paradisers, #FLM has recently shown significant market dynamics. Currently, FLM is encountering resistance. 💎 If FLM successfully breaks out above this resistance, it could signal bullish momentum and lead to further upward movement, possibly reaching the strong resistance area. 💎 However, if FLM fails to break out of the resistance and experiences rejection,...
💎 Paradisers, #PUNDIX has recently exhibited significant market dynamics. Currently, PUNDIX is attempting to move upward and break out of the key resistance area. 💎 However, it has faced rejection multiple times in the past when trying to break out. If PUNDIX successfully breaks above the resistance area this time, it could potentially continue its upward...
💎 Paradisers, let’s delve into the intriguing movement of #VETUSDT. Currently, it’s retracing and meticulously retesting a critical demand level at $0.04248. This level holds immense importance, and its ability to transition from a retest to a firm support could be a bullish signal. 💎 After successfully breaking out of a descending channel, the price of #VeChain...
💎 Paradisers, pay close attention to #MATICUSDT. It’s currently displaying a promising sign of an upward trend, having recently broken above its descending trendline. This sets the stage for a potential bullish move 💎 Historically, #POLYGON has adhered to a descending channel pattern, consistently showing lower lows and lower highs. At present, it’s positioned at...
Bitcoin is overbought on all long term charts, even on the 1M (RSI = 76.950, MACD = 8398.200, ADX = 50.431). On the 2M chart is past a LMACD Bullish Cross that has been always formed during the past two Cycles before the parabolic rally of the Cycle. Historically the All Time High breaks shortly after the Bullish Cross. In 2020/21, the rally lasted for...
💎 Paradisers, #FARM has recently demonstrated significant market dynamics, particularly with a breakout above a key resistance level accompanied by strong volume and bullish candlesticks. 💎 There's potential for FARM to undergo a retesting phase on the support area around $68 - $60 before continuing its upward movement and possibly back testing the strong...
Price action analysis for Bitcoin. Important key levels. Trading plan. Potential scenarios Thoughts & trading recommendations. ❤️Please, support my work with like, thank you!❤️