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NOT/USDT Poised for a Major Move after Breakout of Falling WedgeYello, Paradisers! Are you ready to catch the next big move with #NOTUSDT? 🚀 This is a critical moment and you don't want to miss these key details. 💎#NOT has broken out from a falling wedge pattern, a classic bullish indicator, and now retesting this breakout in 4HR. After a successful retest, we could see a significant rally. If the momentum holds at the current support level of $0.0151, there's a strong possibility of reaching the next resistance level. 💎However, if #NotCoin fails to maintain momentum and breaks below the $0.0151 support, this could signal a continued downward trend. The next key demand zone to watch is at $0.0132. This level has previously shown strong liquidity and triggered upward movements multiple times. 💎In contrast, if GETTEX:NOT hits this demand zone again, it's crucial to watch for a rebound. Failing to secure a bounce here could increase bearish momentum, worsen market sentiment, and potentially lead to further price declines. Stay sharp, Paradisers! This could be a major turning point. Keep an eye on these critical levels and trade smart.
Long
by MyCryptoParadise
Trading Analysis of Shiba Inu (SHIBA) - 4 Hour timeframeTrading Analysis of Shiba Inu ( COINBASE:SHIBUSD SHIUSD) - 4 Hour timeframe Overall Trend: Downtrend: The price being below the 50, 100, and 200-period moving averages since June 7th suggests a strong downtrend. Short-term movement: Difficult to assess: A 4-hour timeframe doesn't provide enough information to definitively say if there's a current uptick or just a small consolidation within the downtrend. Volume: High Volume: The volume of 140 billion is significantly higher than usual, which could indicate increased selling pressure or potentially a buying opportunity depending on price action. Momentum Indicators: RSI (30.00 - 40.00) : This indicates oversold territory. Oversold readings suggest the asset might be undervalued based on recent price movements, but they don't guarantee an immediate rebound. MACD: The MACD signals being below the histogram since June 7th confirms the downtrend in momentum. Summary: The technical analysis of SHIBA on a 4-hour timeframe leans bearish. The downtrend, high volume, oversold RSI, and MACD below the histogram suggest continued selling pressure. However, due to the limited timeframe, it's difficult to say for sure if there's a short-term reversal or just a pause in the downtrend. Here are some additional things to consider for a more comprehensive analysis: Longer timeframes: Analyze daily, weekly, and monthly charts to understand the bigger picture. News and Events: Look for any recent news or events that might be impacting the price of Shiba Inu. Market sentiment: Consider the overall sentiment in the cryptocurrency market. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions in cryptocurrency, as the market is highly volatile. "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading: "Now is the time to buy".
BITSTAMP:SHIBUSDShort
by rodulfox
GALUSDT Critical Levels You Can't Ignore! Yello! Are you prepared for what's coming next for #GALUSDT? Let's dive into the latest analysis to see where this is heading and how you can stay ahead. 💎 GALUSDT needs to reclaim the price above the resistance at $3.10 to reverse back to an upward movement. Currently, GAL is in a retesting phase at the resistance, which suggests a continuation of the downward movement towards the support zone between $2.70 and $2.48. 💎 If the price fails to break through the resistance, it is likely that this support zone will be revisited. The last time GAL visited this area, it saw a strong bullish rejection, indicating significant buying pressure in the support zone. 💎 If GAL successfully rebounds from the support zone, a probability reversal back to the upside is on the horizon. However, this requires a critical confirmation: breaking the resistance area at $3.10. This break would ease the path through the descending resistance and lead to our target at a stronger resistance area. 💎 Conversely, if GAL fails to bounce at the support zone and breaks down further, this could probability confirm bearish momentum and invalidate bullish scenarios. In such a case, the price might dip even further. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
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by MyCryptoParadise
NEAR Protocol's Critical Moment and Ready for Bullish RallyYello! Have you been watching #NEARProtocol’s recent price action? This could be a pivotal moment and you don’t want to miss this! 💎#NEARUSDT has been moving within a descending resistance for quite some time. But recently, it broke through, making a notable upward move. Now, all eyes are on a critical retest of the $5.88 level. 💎#NEAR is currently retesting this key level. If it holds strong above the EMA, there's a high probability we'll see a bullish surge. 💎Should AMEX:NEAR maintain its position above $5.88, this level could transform into robust support, setting the stage for further upward momentum. 💎But what if it doesn't hold? If #NEAR fails to sustain above $5.88 and loses momentum, we’re eyeing a bullish rebound from the lower demand zone at $5.19. This level is packed with significant liquidity, making it a prime candidate for a strong bounce on a retest. 💎Holding above $5.19 and maintaining above the EMA is crucial. This scenario can trigger a powerful bullish move. If NEAR drops below $5.19, the bullish outlook is invalidated, likely leading to a significant price drop. Stay sharp, Paradisers. In these volatile times, disciplined trading and robust strategies are more important than ever. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
BTCUSDT | New ATH Incoming?🚀 Are we on the brink of a new all-time high for Bitcoin? All signs point to yes, and I need to be in on this action! Breakout Alert Yesterday, we broke the trendline of a forming bull flag on the daily chart. This classic pattern break could be signaling a massive move upwards! Targets While my exact target is still undecided, there's a ton of liquidity at $72k. Breaking through this could propel the price to an eye-popping $90k without a doubt! This setup is too exciting to miss. Let’s see how this plays out!
Long
by minno91
AUDIOUSDT | Volume Surge to New Highs?Market Context Today, we've seen a slight volume increase in AUDIOUSDT, potentially signaling a move higher by the end of the day. We've broken the previous 1H high and trendline, setting the stage for an exciting run! Strategy With the market expected to be quiet today, small tokens like AUDIOUSDT could see quick pump-and-dump action. Let's capitalize on this opportunity and see how it plays out! Stay tuned—this could get interesting fast!
Long
by minno91
FLOKIUSDT | Another Small Correction Downside?🐶📉 Market Context Are we on the verge of another downside correction for FLOKIUSDT? It certainly looks possible! Strategy Friday saw a strong move down, and we usually fill those wicks sooner or later. Given this pattern, we could see FLOKIUSDT dip a few more pips. This setup presents a quick 1.5:1 risk-reward trade—an exciting opportunity to capitalize on the market's momentum! Let’s dive in and see how it plays out—stay tuned!
BYBIT:1000FLOKIUSDT.PShort
by minno91
KASPA: Pullback in UptrendTrade setup : Following a breakout from Falling Wedge pattern and above 200-day moving average, price signaled resumption of Uptrend. However, it reached $0.19 resistance where it got rejected in February and was also very overbought (RSI > 80), and pulled back on profit taking. This is almost identical situation to that in February. We would be buyers on pullbacks near $0.15 support area for another swing trade entry with +25% upside potential back to $0.19. Stop Loss (SL) at $0.138. If price breaks above it's ATH of $0.1.94, the next possible resistance levels (price targets) based on Fibonacci Extensions are: $0.207 (61.80%), $0.223 (78.60%), $0.243 (100%) and $0.30 (161.80%). Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.15, then $0.13. Nearest Resistance Zone is $0.194, then $0.24.
Long
by altFINS
STX Long Trade SetupCurrent Situation: Trend: STX has been in a downtrend since April 2nd but recently experienced a change of character (CHOC) after retesting the 0.618 Fibonacci level. 200-day EMA: This is an important level to watch, marked by the red line on the chart. Trade Strategy: Entry Criteria: Support Confirmation: Watch the price action around the 200-day EMA to confirm it flips from resistance to support. Entry Point: Enter a long position at $2. Take Profit Targets: Primary Target: $2.50 Secondary Target: $3.00 Stop Loss: Set a stop loss at a daily close below $1.80 to manage risk. Summary: For STX, after experiencing a change of character and forming a higher high, look for a higher low in the discovery phase. Enter a long position at $2, targeting $2.50 and $3.00 for profits. Watch the 200-day EMA for support confirmation and set a stop loss at a daily close below $1.80 to limit potential losses.
Long
by Richtv_official
AVAX Long Trade SetupCurrent Situation: Price Level: AVAX is trading around the 0.618 Fibonacci retracement level, a critical support area. Bullish Bias: Holding above $29 is crucial to maintain a bullish outlook. Losing this level would suggest a return to bearish conditions. Trade Strategy: Entry Criteria: Deviation and Reclaim: Wait for the price to deviate below the support and then reclaim it by breaking the trend. Change of Character: Alternatively, wait for the price to form higher highs and enter on the subsequent higher low. Entry Point: Enter a long position between $31 to $33. Take Profit Targets: Primary Target: $42 Secondary Target: $50 Stop Loss: Set a stop loss at a daily close below $29 to manage risk. Summary: For AVAX, maintaining the 0.618 Fibonacci retracement level is essential for a bullish outlook. Enter a long position between $31 to $33 if the price reclaims support or shows a change in character. Set take profit targets at $42 and $50, and place a stop loss at a daily close below $29 to limit potential losses.
Long
by Richtv_official
PEOPLE/USDT Ready to Breach the Channel Downward | Key MomentYello, Paradisers! Have you been keeping an eye on #PEOPLEUSDT? If not, you might want to pay attention now. Let's analyze the PEOPLE Movement: 💎#PEOPLEUSDT has been navigating an ascending channel and is now retesting the channel's lower support. The volume is diminishing, and the broader market sentiment supports the likelihood of a correction. Here's what you need to know: 💎Support Test at $0.111: The asset is at a crucial support level of $0.111. The reaction here will be pivotal. If #PEOPLE breaks this support, it could head towards a lower demand level as highlighted in our chart. 💎Potential Breakdown: There's a high probability that SEED_DONKEYDAN_MARKET_CAP:PEOPLE will break through this support, propelled by diminishing volume and macro market trends. This move would confirm a downward trend within the ascending channel. Alternative Scenarios: 💎If PEOPLE manages to stay above $0.111, it might retest the ascending channel's upper resistance. This resistance test could either push the price downward again or lead to a continuation of the upward trend if breached. 💎If PEOPLE keeps rising and breaks the ascending resistance, it would invalidate the current correction outlook and signal a potential bullish phase. Stay vigilant, Paradisers! This is a crucial moment for PEOPLEUSDT. Your trading decisions at this point could significantly impact your profitability. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
5
UNI: Pullback in UptrendTrade setup : Following a bullish breakout from Channel Down pattern , price broke above 200-day MA, which signaled resumption of uptrend. Price rallied +50% to $12.00 and now it pulled back to $10.00 support zone, which could be an attractive swing trade entry in Uptrend with +20% upside back to $12.00. Stop Loss at $9.25, below the prior swing low. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody trading solutions. Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Down, Medium-term trend is Strong Up and Long-term trend is Up. Momentum is Bearish (MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $8.00. Nearest Resistance Zone is $12.00, then $17.00.
Long
by altFINS
FTMUSDT Poised for a Rebound or a Breakdown? Key Levels to WatchYello! Do you feel the tension building up in the FTMUSDT market? Let’s dive into the current setup and see what might unfold next. 💎 FTM is currently moving within a descending channel pattern, eyeing a potential move towards the Bullish Order Block (OB) area. If the price action forms a bullish candle rejection here, it could signal a rebound. We might then see a test of the resistance level at $0.771. This level is crucial; a successful breakout above it could trigger bullish momentum, possibly leading to a significant upward movement. Key Levels to Watch: - Resistance Area: $0.771: A breakout here could pave the way for further gains. - Bullish OB Area: $0.64: Watch for bullish candle rejections as a sign of potential rebound. - Demand Area: $0.55 - $0.482: Historically, this zone has shown strong buyer pressure. A return to this zone could see similar buying interest. 💎 However, if FTM fails to show strength in the Bullish OB area around $0.64, it might signal further declines. The price could then head towards the Demand area between $0.55 and $0.482. 💎 This zone has previously exhibited strong buying interest, often marked by candle wicks indicating buyer pressure. Should FTM return to this zone, a rebound is possible, pushing the price back towards our target areas. Potential Scenarios: - Bullish Scenario: A strong rebound from the Bullish OB area leading to a test and potential breakout of the $0.771 resistance. - Bearish Scenario: A failure to show positive signs at the $0.64 level, leading to a move towards the Demand area. If the price fails to rebound here and instead goes sideways with low volume, it could break this area, invalidating the bullish outlook and leading to further declines. Stay alert, Paradisers. The next moves in FTMUSDT could present both opportunities and risks. 🎖If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. Trade smart and stay disciplined!
Long
by MyCryptoParadise_Nathan
1
KASPA: Pullback in UptrendTrade setup : Following a breakout from Falling Wedge pattern and above 200-day moving average, price signaled resumption of Uptrend. However, it reached $0.19 resistance where it got rejected in February and was also very overbought (RSI > 80), and pulled back on profit taking. This is almost identical situation to that in February. We would be buyers on pullbacks near $0.15 support area for another swing trade entry with +25% upside potential back to $0.19. Stop Loss (SL) at $0.138. Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.15, then $0.13. Nearest Resistance Zone is $0.19.
Long
by altFINS
IDEXUSDT | Trade Analysis🚀 Time for another breakout trade with IDEXUSDT! 8-Hour Timeframe We’ve seen a fantastic breakout of the previous high with significant volume on the 8-hour chart. Staying above the 50 EMA adds to the bullish sentiment. Daily Timeframe The daily chart isn't as strong, but we're still holding on to resistance from the previous day, showing potential for an upward move. Weekly Timeframe On the weekly chart, we closed above our S/R level and are trading above the 50 EMA—both bullish indicators. Monthly and 3-Month Timeframes The monthly candle closed with a top wick, but the 3-month candle looks much more promising, adding to the optimistic outlook. Market Sentiment and Entry The market sentiment is quite bullish right now. We’ve got an 8-hour engulfing candle as our entry signal, setting up a promising trade. I'm bullish on this setup with a decent 1.5:1 risk-reward ratio. Let's see how this plays out!
Long
by minno91
STRKUSDT | Change in Trend?Is this the bottom? STRKUSDT is showing a potentially game-changing head and shoulders pattern, and we've just seen an impressive 8H candle bounce off the resistance level! Trade Setup This setup looks incredibly promising, with the target price of 1.8 aligning perfectly with the head and shoulders pattern target. With a solid 3:1 risk-reward ratio, this trade is shaping up to be a fantastic opportunity. Could this be the trend reversal we've been waiting for? Let's see how it plays out!
Long
by minno91
BEERUSDT | Another Bullish Scenario 🍻 Market Context Another bullish setup brewing today before the NY session kicks in! Yesterday, I missed the trend with TAIKO, but today I'm feeling much more confident with BEERUSDT—after all, who doesn’t like beer? 😜 Trade Setup Similar to yesterday's scenario, but today we have more confirmation on higher timeframes, making this setup even more enticing. Strategy The target price (TP) will be set later, depending on the price action’s push up or down. Stay tuned for updates! Let’s raise a glass and see how this trade plays out!
1Long
by minno91
BLZ/USDT Will BLZ Conquer the $0.296 Barrier? Watch Now!💎 Paradisers, BLZ is currently challenging a crucial supply area, previously a strong demand zone, which could set the stage for bullish momentum. 💎 A successful breakout above the $0.296 mark could pave the way for BLZ to overcome the descending resistance line, potentially leading to significant upward movement toward our target resistance area. 💎 If BLZ fails to surpass the supply area and faces a firm rejection, it might retreat to the lower demand zone around $0.25. This could be a pivotal point for BLZ to regroup and attempt another push towards the supply area. 💎 The crucial moment comes when BLZ tests the demand area. The price needs to bounce from this point to maintain a bullish outlook and make another attempt to break through the supply barrier. 💎 However, a concerning sign would be if BLZ fails to hold the demand area and breaks below it. A more definitive bearish signal would be if BLZ closes a daily candle below the key support area, indicating potential for further declines. MyCryptoParadise iFeel the success🌴
B
by MyCryptoParadise
POLYX/USDT Has Successfully Broken out of Symmetrical Triangle💎#POLYXUSDT has successfully broken out from a Symmetrical Triangle, positioning it for a potential bullish rally. Currently, with robust momentum at the $0.40 support, there's a high probability for #POLYX to challenge and potentially overcome the resistance level ahead. 💎However, if #Polymesh cannot sustain this momentum and dips below the $0.40 mark, we might see a reversal into a bearish trend. The next critical demand zone at $0.354, renowned for its liquidity and historical upward movements, will be the area to watch. 💎In contrast, if $POLYX revisit this demand zone, it's imperative for the price to achieve a rebound to uphold its support structure. Failure to do so could heighten bearish pressures, worsen market sentiment, and perhaps trigger additional declines in its price. 💎Stay focused and adaptable, Paradisers. Your ParadiseTeam is diligently monitoring the market and ready to guide you through any shifts in the dynamics of #Polymesh. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise