Overview of the MNT Token by Bybit!Today, I’d like to share an exciting project – the MNT token, part of the ecosystem of the popular Bybit exchange. 🎯
Why does MNT deserve attention?
One of the main advantages of this token is the ability to earn passive income! MNT holders can participate in Launchpad and Launchpool, earning new tokens simply by holding the asset. This is particularly attractive for those looking to generate income without selling their asset. 💰
Growth Potential 📈
At the moment, the token's price appears highly promising for purchase, and the chart shows significant growth potential. I’ve identified an entry point with a risk-reward ratio of 1/10, making it even more attractive for investors.
Personally, MNT is one of my favorite tokens, so get ready to hear more about it! 😎
Chart Patterns
S&P 500 Index: First Correction Since July 2023I was just looking at NVDA and the market has been bullish forever. A drop is approaching and I wondered, "Will this be a short lived correction or will it turn into a bear-market?"
Good question isn't it?
The last correction for the SPX happened between July and October 2023, after that, it has been 100% bullish with some retraces lasting a maximum of three weeks. So it is hard to think of a bear-market.
From January 2022 through October 2022 the SPX entered a strong correction, a bear-market, it lasted 280 days. There you have it.
How would that look like today? Let's see... Ten months would put us at August/September 2025, can you imagine?
These markets are super resilient, and with money printing going on over-drive soon, it is possible that we only experience a correction. A correction can last several weeks to a few months maximum.
Big correction or small correction, three weeks or ten months, the SPX is bearish and pointing lower in the coming days, weeks and months.
Namaste.
Algorand Undergoing Bearish Pressure; 2025 On Sight (GREEN!)ALGOUSDT (Algorand) has already undergone very strong bearish action, but the bears are not letting go, not yet.
On the 27th of September the chart produced an inverted hammer as a candlestick pattern, a very strong bearish signal. There was an attempt to push prices higher but sellers were ready to exit their positions and a bullish session ended up as bearish, that's the hammer.
Then again on the 21st of October another inverted hammer showed up with a big real body on the candle. A lower high, buyers were trying to produce a relief rally as some other pairs did but sellers were too many and a green session ended up red.
Two attempts at higher prices failed. Now we see how ALGOUSDT is trading at a critical support line, seeing the previous selling pressure, we know this level is more likely than not to break. If it breaks, when it breaks, prices are headed toward next support. There is the chance of a long-term higher low or even a lower low on a wick, this doesn't change the fact that this is the last drop.
2025 is now on sight. The market is going green. The end of the correction is close.
Algorand produced decent growth in late 2023/early 2024, 300%. This is nothing compared to the 2025 bull-market, we will see many times that number so get ready. The low prices that will come in the coming days will be an opportunity, the last chance to buy low before maximum growth.
Thank you for reading.
You are appreciated.
Remember, we all mistakes; we are going through live not knowing who we are or where we come from, but this doesn't stop us from learning, adapting, growing and forging ahead. We learn from these mistakes and grow and this growth will finally lead to the moment when we reach our goals. The realization that we are more than a physical body, we are a manifestation of the living Spirit, an eternally living Soul.
Namaste.
Gold will fall in the short term!!Gold price, after reaching the top of its ascending channel, has entered a correction phase and broken its support zone. Currently, it is trading below this support level. It is expected that, after a pullback to the broken level, gold will continue its decline and may drop at least to the bottom of the specified channel.
DOLLAR INDEX(DXY): Bearish Move From Key LevelI am impressed by the way the 📉Dollar Index responded to a significant horizontal resistance level on the 4-hour chart.
After the test, the pair entered a period of consolidation and established a horizontal range.
The breakout below the support of this range indicated a strong bearish signal.
Currently, we are witnessing a favorable retest of the broken structure and can expect a continued decrease in price. The target is set at 103.55.
BTC: Potential Bullish Opportunity After RetestBTCUSDT (Day Chart) Technical Analysis update
Recently, BTC price broke through the broadening wedge resistance line and reached the peak resistance level of the wedge. However, the price was rejected at this peak and is now retesting the broadening wedge resistance, which may now act as support. After some consolidation around this level, we could anticipate a strong bullish move, making this an attractive buying opportunity for BTC.
Bitcoin Analysis==>>New All-Time High(ATH) is Loading!!!For a better view of Bitcoin ( BINANCE:BTCUSDT ), I suggest you read yesterday's post first.👇
As I expected, Bitcoin corrected to the Support zone($72,000-$70,820) and is currently moving in a descending channel(small) .
According to Elliott wave theory , Bitcoin has completed wave 4 and we should wait for wave 5 .
I expect Bitcoin will touch New All-Time High(ATH) soon. (After breaking the upper line of the ascending channel).
⚠️Note: If Bitcoin falls below the Support zone($72,000-$70,820), it may fall further.⚠️
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Book Of Meme Below Resistance = CrashSupport levels were the August and September wick highs. When BOMEUSDT (Book Of Meme) hit a major high in October, on the way down, these two levels worked as support. It took two weeks for these levels to break. Once broken, the pair is confirmed bearish.
➖ BOMEUSDT is trading below support; now turned resistance; the purple lines on the chart. Book Of Meme below resistance = crash.
You can see the targets on the chart. The next/lower support levels are marked with orange rectangles. It can go lower.
Thank you for reading.
I'll see you tomorrow.
Namaste.
NAS100USD / TRADING UNDER EARNING Q3 / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Initial Achievement , Prices have reached a target with a profit of +350 pips, indicating successful movement in the predicted direction.
Current Trading Range , Prices are currently within a Fair Value Gap (FVG) between 20,549 and 20,410. An FVG is an area where liquidity may exist, so prices might experience some consolidation here.
If prices break below 20,146 (the demand line) and hold there, this would likely confirm a downtrend , A demand line often indicates support, where buyers might step in to prevent further drops.
Stabilizing within the FVG (above 20,410) suggests potential to reach 20,820 and further to 20,968 , If prices stabilize above the demand line, this would indicate strength and could push prices towards the target.
Overall Sentiment , The analysis concludes with an upward pressure bias, suggesting the analyst anticipates more bullish movement despite potential consolidation zones.
Bitcoin: With 70,000 Conquered, The Doors Are Open For 100KOne of the precautions we took when Bitcoin moved above 70,000 was to wait for the weekly close, in order to avoid getting caught in a bull-trap.
It is still the same week and Bitcoin is now trading back below 70,000.
70,000 is a very important level because this is the price from which the major August bearish impulse got started. Moving and staying above this level would mean that the bulls win, trading below it means that the bears are in control.
After exactly three days above this level, Bitcoin is now back below it. This move ended up either as a failed breakout or simply a bull-trap, makes no difference how we call it. What is important is to know, and be prepared, to what is most likely to happen next.
Yesterday's session is quite decisive, it ended as a Doji. At one point, BTCUSDT tried to move higher and reached as high as 71,611 but then there was a strong rejection. The session ended with a long upper shadow and the close happening below the days open; bearish.
What to make of this information?
Will Bitcoin continue higher or go lower?
A failed signal is a very strong signal. If there is a bullish signal that quickly turns into a bearish one it tends to be worth more than a normal bearish signal. That is to say that the rejection above 70K is strongly bearish. Now, considering all options, the week is not yet over. Moving back above 70K would strengthen the bulls massively and even open the doors for higher prices, so anything goes. As the chart is looking now, it is pointing down.
So this is looking at Bitcoin. Both the daily RSI and MACD are weak. The RSI a bit better but the MACD has a strong bearish tendency.
The bearish move is not fully in so the best we can do is to look around to see what we can find to help us predict what will happen next.
The DXY is ultra-bullish, we have the USA elections and the Altcoins are crashing.
Bitcoin is going down.
Namaste.
ETHEREUM → Price can't break the bearish trend. False breakoutBINANCE:ETHUSD is facing selloffs. Technically, ETH is showing weakness on the background of growing sales. Any growth attempts are aggressively sold off. The price continues to test the support, which only increases the chances of a breakdown
Accumulation is narrowing. Ethereum is unable to leave the downtrend. The pressure formed by the bears is only getting stronger. Earlier there was a growth attempt, which became unsuccessful, after a false breakdown of the intermediate resistance 2717. The bears did not let anyone near 2817. On the background of yesterday's fall, associated with bitcoin correction in the 67K - 65K zone, the price tested the consolidation support and is forming a false breakdown.
From October 22: BITCOIN → False Breakout & Bearish Engulfment ↓
If the price does not start active growth, but returns to the support and starts to enter the risk zone, it can provoke the activation of orders and a strong impulse to 2100-1900.
Resistance levels: 2562, 2728, 2764
Support levels: 2392, 2318, 2111
It is not excluded that the price may return to the triangle resistance or 2728, but there are no hints for now. Emphasize on 2562 and 2392, two important zones from which a strong fall can be formed
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHUSDT ;)
Regards R. Linda!
SOLUSDT: Is the Next Surge Imminent or Will Bears Take Control?Yello, Paradisers! The question of the hour: Is #SOLUSDT gearing up for another big move, or is it about to hit a wall? Here's what we're seeing in the charts right now.
💎#SOLUSDT has shown impressive strength throughout this bull run, navigating within a parallel trading channel that consistently touches both support and resistance. So far, it's respected this structure with clear patterns and potential for further gains.
💎The pair has already completed an ABC pattern twice within this channel. This sets the stage for a potential 5th wave surge if the 4th corrective move holds as expected.
💎SOLUSDT has established a series of higher highs and higher lows. It seems poised for another higher high after a recent pullback potentially formed a higher low. A decisive CHoCH could signal the momentum needed for another upward move, pushing SOLUSDT beyond current levels.
💎The price has been defending a strong support level at $163.38. Holding this level strengthens the bullish case. The first significant test lies at $176.92. Breaching this resistance could open the gates to higher targets. If momentum continues, look for action around $186–$187.44.The top of this current setup and a crucial psychological barrier rests at $200.
💎If SOLUSDT closes a 4H candle below $157.84—the previous higher low—the bullish structure would break, and we might need to reassess potential downside risks.
💎SOLUSDT is at a make-or-break point. If support holds and a new higher high forms, we could see a significant move targeting higher resistance zones. Keep a close eye on how the price behaves near $163.38 and whether the momentum carries it to $176.92 and beyond.
Stay sharp and trade smart, Paradisers ! Consistency and a clear strategy are key to navigating these dynamic markets.
MyCryptoParadise
iFeel the success🌴