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Auction

#AUCTION Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: AUCTION is currently in a downtrend but is expected to soon break above the triangle and the 21 EMA resistance. This breakout is crucial, and once confirmed, we could see a rally up to $100. Last October, when AUCTION broke above the resistance trendline, it made a parabolic move, gaining 6x-7x within a couple of months. A similar move can be expected once the breakout is confirmed. In the event of a rejection, the support line at $10.85 is likely to hold the price. Key levels: - Crucial Point: A breakout above the triangle and the 21 EMA. - Lower Support: $10.85. - Target: $70-$100. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
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by Cryptorphic
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AUCTIONUSDT: Will This Breakout Lead to a Major Rally or a Fall?Yello, Paradisers! Are you ready for what's coming next with #AUCTION? We've been keeping a sharp eye on #AUCTIONUSDT, and things are heating up: 💎The recent breakout of #AUCTION above the descending resistance, now turned support at $20.91, is setting the stage for a potentially explosive move. 💎The symmetrical triangle pattern has finally given us the breakout we’ve been waiting for, and the next big target to watch is the key resistance level at $31.21. If #BounceToken can maintain its momentum here, we might be on the brink of a powerful bullish rally, echoing previous surges. 💎But there's a crucial twist—if the momentum fizzles out at $31.21, we could see a pullback. In that case, keep your eyes on the lower demand zone around $11.90 for a possible bullish rebound. This is a critical juncture, Paradisers, and staying alert is non-negotiable. 💎Be extra vigilant around the demand area at $8.80. A daily close below this level could shatter the bullish outlook and pave the way for deeper declines. Stay focused, patient, and disciplined, Paradisers!! MyCryptoParadise iFeel the success🌴
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by MyCryptoParadise_Simon
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AUCTIONUSDT.1DThis technical analysis of the AUCTION/USDT chart captures the recent market behaviors and provides an insight into what might be expected in the near future. Key Observations: Current Price and Movement: AUCTION is currently trading at $17.02, having faced a sharp decline of 14.17% on the day, which indicates significant volatility. Support and Resistance Levels: R1 (Resistance Level 1): $22.21 - This is the immediate resistance level the price might face upon any rebound. S1 (Support Level 1): $12.36 - This support level is crucial as it represents the nearest floor that could potentially halt further declines. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD line is below the signal line but close to converging, suggesting a potential shift in momentum from bearish to less bearish or even bullish. RSI (Relative Strength Index): The RSI is at 52.83, indicating a somewhat neutral stance but leaning towards neither overbought nor oversold conditions. Analysis and Conclusion: The recent sharp drop in AUCTION's price to $17.02 has likely been influenced by broader market dynamics or specific events related to the asset. The proximity to the S1 support level at $12.36 suggests that the market could be testing this threshold soon, especially if bearish sentiment continues. Given the current setup, if the market finds stability around S1, there could be a potential for a price recovery towards R1 at $22.21. The near convergence of the MACD lines also hints at a possible easing of the bearish pressure. Traders should watch for any bullish crossover in the MACD as a confirmation of changing momentum. In summary, the market for AUCTION/USDT appears to be at a critical juncture, with key levels to watch at $12.36 for support and $22.21 for resistance. Investors should monitor these levels closely, along with any macroeconomic factors or news specific to AUCTION that could influence market sentiment. This analysis should serve as a basis for making informed trading decisions while incorporating real-time data and risk management strategies.
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by MarsSignals
Auction looks bearishThe correction has started from where we entered "START" on the chart. It seems that we are in an ABC or a more complicated pattern. Now it looks like wave B, which was a triangle, is over. And we have entered bear C wave. The targets are marked on the chart. When we reach the first target, save some profit and then change the stop to entry Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
#AUCTION/USDT#AUCTION We have a strong bullish soft trend that the price has been following for two months Now the rising trend has been touched and it is expected to rebound upward We have a strong rising trend on RSI as well We have a higher stability than the Moving Average 100 and we have an upward discount The pattern is canceled if the day is closed with a strong bearish candle Entry price 29.86 The first goal is 32.00 The second goal is 35.06 Third goal 38.54
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by CryptoAnalystSignal
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AUCTIONUSDT.4HBased on the given data, it appears that the AUCTION/USDT pair is currently trading at a price of 28.71 USDT. The 4-hour, 1-day, and 7-day Relative Strength Index (RSI) values are 62.74, 59.46, and 64.96 respectively, indicating that the pair is nearing overbought territory, which could suggest a potential pullback in the near future. The Moving Average Convergence Divergence (MACD) for the 4-hour, 1-day, and 7-day charts are 0.59, 0.70, and 5.49 respectively, indicating a bullish trend. This suggests that the momentum is currently with the buyers. The Bollinger Bands (Bb) for the 4-hour, 1-day, and 7-day charts are 29.66, 29.68, and 29.70 respectively. The pair is currently trading below the upper band, suggesting a potential downward price movement. In terms of support and resistance levels, the pair has immediate support at 27.08 USDT (4-hour chart), 25.65 USDT (1-day chart), and 27.08 USDT (7-day chart). If these levels are broken, the price could potentially drop further. On the flip side, resistance levels are at 29.51 USDT (4-hour chart), 29.50 USDT (1-day chart), and 29.60 USDT (7-day chart). A break above these levels could lead to further upward movement. In summary, the AUCTION/USDT pair is showing signs of a bullish trend but is nearing overbought levels. It is crucial to keep an eye on the support and resistance levels as they could indicate potential price reversals. Always consider other market factors and your risk tolerance before making any trading decisions.
by MarsSignals
#AUCTION Expect a pullback to the broken structureIn time H1, it is moving in a short-term ascending channel, which in time 30 minutes, if it pulls back in the green box area, and due to the failure of the supply area, it will be able to reach the next target. Therefore, you can wait for the green box area in the case of pullback. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
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by alikze
Auction/Usdt Looks Promising For Breakout Auction/USDT presents a promising outlook for a potential breakout based on the 8-hour time-frame analysis. The price is currently attempting to break out, and if it successfully achieves this, a bullish move of 30-60% can be expected. However, please note that this information should not be considered as financial advice. It is highly recommended to conduct your own research (DYOR) and seek expert opinion before making any investment decisions.
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by Crypto-By-Ghazi
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AUCTION/USDT Eyeing for Next Supply Zone? 👀🚀 AUCTION Analysis💎Paradisers, let's direct our attention to #AUCTIONUSDT, as it's signaling a potential for a significant move from a key demand level. 💎#BounceToken is charting an upward path, indicating a likely bullish breakout from its current demand zone. We're anticipating a retest of the demand level at $17.30, with a significant supply zone on the horizon. If #AUCTION maintains its ground above this mark, it might initiate a surge toward the major supply zone at $41.7. 💎If #AUCTION encounters difficulties in holding its position above the support level, a reassessment of our trading approach may be necessary. In that event, we would consider initiating a bullish movement from a lower bullish Order Block (OB). 💎Monitoring this level is paramount, as falling below it could usher in a notable bearish trend. 💎Stay sharp and ready to pivot, Paradisers. Your ParadiseTeam is committed to offering the freshest insights and strategic advice, ensuring you are equipped to adeptly navigate these market developments.
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by MyCryptoParadise_Simon
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