BTC - Bullish 🐂Vibes R Back 🌞 24H & 7D Upside PotentialOptimism about upcoming rate cuts by leading central banks as of June, may however continue to support the rebound witnessed over the weekend, with Bitcoin rising 4.9 percent to $67.251 over the past 24 hours.
“It appears that Bitcoin is trying to break higher, and our upside targets of $83,000 and $102,000 could slowly be at play,” the Head of Research at 10x Research, Markus Thielen, said in his daily brief.
The CEO of ARK Invest, Cathie Wood, remains ultra-bullish as for Bitcoin’s price development. “Since the Securities and Exchange Commission (SEC) gave institutions the green light to Bitcoin, if they were to allocate more than 5% of their portfolios to Bitcoin as we think they will – that would add $2.3M to the $1.5M price target we initially gave,” she is quoted as saying by CryptoSlate during a Bitcoin Investor Day held in New York on Friday.
A bullish sun shines over the global crypto market in the next 24 hours, indicating upside potential for all coins covered by ATTMO, Bitcoin included.
Over the coming week, the trading conditions will be mixed with most coins continuing to profit from the bullish outlook.
Follow us for more crypto news and weather reports!
Cryptoanalysis
HARD/USDT Creating a Buzz in the Market? 👀🚀HARD Analysis💎Paradisers, shift your attention towards #HARDUSDT, which finds itself in a demand zone, signaling a prime setup for a bullish surge.
💎Currently, #KavaLend is charting a bullish course, with a trend forming near the $0.2290 support zone. This behavior has been consistent, marking the channel's support twice. Maintaining this momentum could lead us to expect a significant bullish push towards the target supply zone at $0.35.
💎However, if #HARD struggles to keep its bullish pace at the $0.2290 level, a strategy revision might be in order. In such an instance, we would consider a bullish rebound from a slightly lower demand zone at $0.189.
💎Keeping an eye on these market changes is crucial, as a fall below this critical juncture may call for a tactical shift, especially amidst potential hurdles in keeping the bullish trend alive in the #HARD market.
KP3R/USDT Eyeing for a Bullish Movement? 👀🚀KP3R Analysis💎Paradisers, set your sights on #KP3RUSDT, currently nestled within a demand zone, poised for a significant bullish ascent.
💎At this moment, #Keep3rV1 is climbing, showcasing a bullish pattern around the $76.32 support zone. This movement aligns with an ascending channel pattern, where it has consistently found support within the channel twice. If the momentum is sustained, we're looking at a potent bullish push towards the $130 supply zone.
💎However, if #KP3R encounters resistance in keeping its bullish position at the $76.32 mark, it might be time to revisit our strategy. This situation could lead us to consider a bullish response from a slightly lower demand point at $55.6.
💎Staying attuned to these market transitions is crucial, as a dip below this crucial threshold might call for a tactical adjustment, especially amid potential challenges in maintaining the bullish energy in the #KP3R market.
LDO/USDT in a Perfect Position to Rally | 👀🚀LDO Analysis💎Paradisers, turn your attention towards #LDOUSDT, perfectly situated in a demand zone, signaling the potential for an impressive bullish jump.
💎Currently, #LidoDAO is demonstrating a downward trend but is hinting at a bullish reversal from the support zone of $2.17. This aligns with an ascending channel pattern, where the channel's support has been respected twice. Holding firm at this critical juncture could lead to a substantial bullish push, with targets set towards the higher supply zone at $4.
💎However, if #LDO encounters hurdles in keeping up its bullish momentum at the $2.17 support level, a strategic reassessment might be warranted. This could lead us to anticipate a bullish resurgence from a slightly lower demand zone at $1.48.
💎Maintaining alertness to these market movements is crucial, as dropping below this pivotal point may call for a recalibrated strategy, especially amid challenges to preserve the bullish drive within the MIL:LDO market.
🐶 Dogecoin (DOGE): Spot Long Trade Opportunity! 📈🚀📉 Current Situation:
DOGE is consolidating within a support zone.
Potential opportunity identified for a spot long trade.
📈 Trade Plan:
Entry: Ladder into a long spot position between $0.145 - $0.16.
Take Profit: Target the next resistance areas at $0.18 - $0.205 or $0.30 - $0.32.
Stop Loss: Set just below $0.135 to mitigate downside risk.
🔄 Strategy:
Utilize laddering to enter positions strategically within the support zone.
Monitor price action for confirmation of upward movement.
Manage risk by adhering to the defined stop loss level.
📊 Note: Stay vigilant for any changes in market dynamics and adjust the trade plan accordingly! #DOGE #TradePlan #SupportAndResistance 🐕📈
ZIL/USDT Gearing up for a Bullish Rally? 👀🚀ZIL Analysis💎Paradisers, focus your attention on #ZILUSDT, nestled in a demand zone, primed for an impressive bullish breakout.
💎Currently, #Zilliqa is climbing, showcasing a bullish pattern around the support level of $0.032. It's been following a descending channel pattern, with a noteworthy adherence to the channel's support twice. Holding steady at this critical point could usher in a robust bullish push toward the target supply zone at $0.04927.
💎However, if #ZIL struggles to maintain its bullish position at the $0.032 support, it might be time to reassess our strategy. This situation could lead us to anticipate a bullish rebound from a slightly lower demand zone at $0.027.
💎Staying alert to these market dynamics is crucial, as falling beneath this threshold might require a strategic adjustment, especially amid challenges to keep the bullish momentum alive in the #ZIL market.
KCS/USDT Gearing up for a Rally to $20? 👀🚀KCS Breakout Alert💎Paradisers, turn your attention to #KCSUSDT, as it finds itself in a demand zone, poised for a significant bullish jump.
💎Currently, #KuCoinToken is charting an upward course, hinting at a bullish pattern near the $13.2 support area. It's following an ascending channel pattern, with a consistent respect for the channel's support seen in two instances. Maintaining momentum at this critical point could lead to a dynamic bullish surge toward the higher supply zone at $21.
💎On the flip side, if #KCS struggles to keep up its bullish posture at the $13.2 mark, a reevaluation of our strategy might be in order. This could lead us to anticipate a bullish push from a slightly lower demand level at $9.99.
💎Staying alert to these market developments is crucial, as a dip below this threshold might call for a recalibration of our tactics, especially if there are hindrances in preserving the bullish trend within the #KCS market.
📈 COTI Trade Setup 📉📊 Analysis:
Market Sentiment: Recent support finding and upward movement suggest a potential reversal in the market.
Technical Position: COTI is currently resting on a support level, indicating a favorable entry opportunity for a long trade.
Laddering Strategy: Employ laddering technique to optimize entry and manage volatility.
Entry Range: Consider entering the trade between $0.17 - $0.19, aligning with the current support level.
Profit Targets: Look for profit-taking opportunities at resistance zones around $0.25 - $0.27 or $0.31 - $0.34.
Risk Management: Implement a stop loss just below $0.16 to limit potential losses in case of adverse price movements.
💡 Note: Stay attentive to any market developments and adjust your strategy accordingly. Keep an eye on overall market sentiment and BTC's movement, as they may impact COTI's price action.
IOTX/USDT Ready to Reclaim its Recent Top? 👀🚀IOTX Analysis💎Pay attention, Paradisers! #IOTXUSDT is creating buzz, gearing up for a bullish shift from the pivotal support at $0.062.
💎If SEED_DONKEYDAN_MARKET_CAP:IOTX can hold its momentum at this mark, there's a strong likelihood of embarking on a bullish journey, echoed by the price's historical reverence for this level on three occasions, solidifying it as a robust support.
💎However, if the upward trajectory of #IoTeX starts to diminish and breaches below the $0.062 support, we'll turn our attention to a lower demand zone at $0.056. With significant liquidity poised at this level, we expect a necessary descent to this more probable zone for a rebound.
💎Maintaining alertness is crucial: a fall beyond this subsequent support could signal a more pronounced bearish trend as the market sentiment shifts towards a sell-off. Stay vigilant, traders, as we navigate the unfolding dynamics of the #IOTX market.
WLD/USDT Breakout Alert | 👀🚀WLD Ready to Rally? 💎Heads up, Paradisers! #WLDUSDT is on the verge of a bullish pivot, anchored at the critical support level of $7.14.
💎If MIL:WLD can maintain its stance at this threshold, there's a strong chance for a bullish surge, underscored by the price's historical adherence to this support on three occasions, underscoring its reliability.
💎However, if the upward journey of #Worldcoin begins to falter and dips below $7.14, we'll then set our sights on a lower demand zone at $5.56. With substantial liquidity awaiting at this level, we anticipate a necessary drop to this more probable level for a rebound.
💎Vigilance remains crucial: a breach beyond this subsequent support could suggest a deeper bearish trend as market sentiments lean toward a sell-off. Stay on high alert, traders, as we navigate the shifting tides of the #WLD market.
ARKM/USDT Ready for an Exponential Rally? 👀🚀ARKM Analysis💎Attention, Paradisers! #ARKMUSDT is stirring interest, gearing up for a bullish shift from the critical support at $1.92. If $Arkham can hold its ground at this juncture, there's a significant chance for a bullish escalation, reinforced by the price honoring this level three times previously, establishing it as a fortress of support.
💎If the rise of #ARKM begins to waver and it slips below the $1.92 mark, we'll then focus on a lower demand zone at $1.27. Given the abundant liquidity at this level, we anticipate a probable visit and subsequent rebound.
💎Being alert is crucial: a descent past this secondary support may signal an extended bearish phase as market sentiment shifts towards a sell-off. Keep your eyes peeled, traders, as we navigate through the fluid landscape of the $ARKM market.
INJ/USDT Gearing up for a Bullish Momentum Again? 👀INJ Analysis💎Heads up, Paradisers! #INJUSDT is on the brink of a bullish turnaround from a crucial support level at $30.12. If CRYPTOCAP:INJ maintains its momentum here, there's a high chance for a bullish journey, given the price's historical reverence for this support, marking it as a stronghold after respecting it three times.
💎However, if the upward trajectory of #INJ falters and dips below $30.12, we'll turn our attention to a lower demand zone at $16.62, where ample liquidity promises a potential rebound.
💎Vigilance is paramount: a breach below this secondary support could spell further declines as market sentiment leans toward a sell-off. Stay alert, traders, as we navigate the shifting currents of the #Injective market.
⚡ THETA Trade Setup ⚡📊 Analysis:
Market Observation: THETA has shown strong performance and is currently consolidating.
Current Situation: Theta is trading within the $2.60 - $2.80 support range, with potential for a lower entry near $2.15 - $2.35.
Strategy: Consider entering the trade at the lower support range for a potentially better entry opportunity.
Entry Point: Look for an entry between $2.15 and $2.35.
Take Profit: Target profit levels at around $3.25 - $3.50 or $4.05 - $4.35.
Stop Loss: Set a stop loss just below the support level, below $1.90, to manage risk.
🌐 Note: Monitor the price action closely for signs of support holding and potential upward momentum before entering the trade. Adjust the strategy based on market movements and consider factors such as volume and overall market sentiment.
ETHEREUM Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand
--------------------
1-23-2024
Strong downtrend with RED TrapZone established for days now and RED UMVD continues still. Bunch of Trapped Buyers Spotted!
⚡ FIL Trade Setup ⚡📊 Analysis:
Market Observation: FIL shows continued bullish momentum, breaking resistance and retesting it as support.
Current Situation: The retest of support at $10 offers a potential entry opportunity.
Strategy: Wait for confirmation of support holding before entering the trade.
Entry Point: Consider entering the trade between the range of $10 to $11.
Take Profit: Target profit levels at around $13 or $16.5.
Stop Loss: Set a stop loss just below the support level, below $9.50, to manage risk.
🌐 Note: Ensure to wait for confirmation of support holding before entering the trade. Monitor the price action closely for signs of a change in character. Adjust the strategy based on market movements and consider factors such as volume and overall market sentiment.
🛠️ ATOM Long Trade Setup 🛠️📈 Analysis:
Market Observation: Layer 1 coins have been performing well recently, with ATOM showing resilience.
Support Area: ATOM is currently trading in a support zone, presenting a potential entry opportunity.
BTC Influence: Considering BTC's potential downward movement, a tighter stop loss is recommended to mitigate risk.
📊 Trade Setup:
Entry: Ladder into a spot long trade in the $11.50 - $12.50 support area.
Target: Take profit at resistance levels of $14.50 - $15.00 or $16.00 - $17.00.
Stop Loss: Place a tight stop loss just below $11.00 to manage risk amid BTC's potential volatility.
🔍 Note: Monitor market conditions closely and adjust your strategy accordingly. Be prepared for fluctuations in BTC's price and its impact on ATOM. Consider setting trailing stops to protect profits.
MINA/USDT Ready for a Bullish Momentum? 👀🚀MINA Analysis💎Paradisers, take notice as #MINAUSDT is on an intriguing path, edging towards vital support following a pushback from formidable resistance.
💎If the price maintains its drive, there's a high likelihood of a resurgence from this point, mirroring the support's historical ability to catalyze a vigorous bullish response on four distinct occasions.
💎At the moment, #Mina is under bearish control, as evident from the large red candles signaling intense selling pressure. Nonetheless, we're staying proactive, closely monitoring the price's reaction at this critical support level. Upon receiving confirmation, we'll thoughtfully strategize our entry.
💎For the discerning trader, if #MINA's momentum at this crucial support wanes and it breaks lower, our attention will shift towards seeking a bullish recovery from the next demand zone, buoyed by liquidity. There exists a substantial possibility for CSE:MINA to recover from this dip, whereas a further descent could lead to a pronounced bearish trend.
MYRO/USDT Eyeing for a Bullish Momentum? 👀🚀MYRO Analysis💎Paradisers, get ready as #MYROUSDT catches our eye with its notable trajectory, heading towards critical support following a rebound off a substantial resistance.
💎With the momentum potentially in its favor, there's a significant chance for a recovery from this point, echoing the resilience shown by this support in past encounters, where it initiated strong bullish actions four times.
💎Currently, #Myro is experiencing a downturn, as evidenced by pronounced red candles that signal hefty selling pressure. However, we're keeping a step ahead, watching how the price interacts with the key support level. Upon securing confirmation, we'll tactically plan our approach.
💎For the savvy trader, if #MYRO's momentum falters at this crucial support and descends further, we'll eye a bullish resurgence from the lower demand zone, bolstered by liquidity. There's a solid likelihood for $MYRO to rally from this dip, whereas a breach below this point could precipitate a marked decline.
AXL/USDT Gearing up for a Bullish Momentum? 👀🚀AXL Analysis💎Paradisers, prepare for action as #AXLUSDT is on the move, nearing a pivotal support after facing rejection at a significant resistance. The momentum's persistence suggests a high likelihood of a rebound from this position, especially considering the historical performance where this support has consistently triggered strong bullish responses four times before.
💎Currently, #Axelar is under a seller's domain, as indicated by prominent red candles revealing intense selling pressure. However, we're staying proactive, observing the price's interaction with the crucial support level closely. Upon securing confirmation, we'll meticulously strategize our entry.
💎For the discerning trader, should #AXL's momentum waver at this essential support and break lower, our focus shifts towards anticipating a bullish recovery from the subsequent demand zone.
💎Given the liquidity present, there's a substantial chance for NYSE:AXL to rally from this point, whereas a fall below could lead to a notable decline.
DYM/USDT in Perfect Position to Rally? 👀🚀DYM Analysis💎Paradisers, get ready as we spot an intriguing move with #DYMUSDT. It's nearing a critical support following a rejection at a formidable resistance. Maintaining momentum could highly suggest a rebound from this juncture, especially considering historical price actions where this support was respected four times, each leading to a vigorous bullish rally.
💎Currently, $Dymension exhibits a seller-dominated sentiment, marked by significant red candles indicating heavy selling pressure. Yet, we remain vigilant, biding our time to see how the price interacts with the specified support level before strategically planning our entry.
💎For the sharp-eyed trader, should the price of #DYM falter at this crucial support and descend further, our eyes will be set on a bullish resurgence from the subsequent demand zone. Given the liquidity, a strong probability exists for #DYM's rebound from this lower level, whereas dropping below could catalyze a substantial downward trend.
DOT/USDT Ready for another Exponential Rally? 👀🚀DOT Analysis💎Paradisers, turn your gaze to #DOTUSDT as it is positioned within an ascending channel's upper zone and ready for a bullish journey toward the supply zone.
💎A look back at #Polkadot's market trajectory shows its journey through an ascending channel, consistently breaking new ground towards higher trends. The price now is facing a resistance at $12.13. When this resistance turns into support, the probability of a bullish rally toward the supply zone will become more evident.
💎For the CRYPTOCAP:DOT traders, staying alert is not just important—it’s crucial. Brace yourselves for a potential surge from the $8.81 support level, if the market’s tale twists unexpectedly, this could be the next point of support for #DOT. Yet, beware: falling below this support will call for a descent into bearish territory.
💎In today’s mercurial market, fusing strategic prowess with decisive execution is more than necessary—it’s the art of survival. But, we are always there for you.
OCEAN/USDT Breakout Confirmation | 👀🚀OCEAN Analysis💎Paradisers, let's focus on an exciting trading possibility with #OCEANUSDT, which is strategically situated at a key support zone, indicating the potential for a bullish pivot ahead.
💎Exploring the path of #Oceanprotocol, we've witnessed a rebound from notable resistance. Currently, the price is testing an important support zone at $0.83. Surmounting this obstacle, bolstered by consistent momentum, suggests a strong likelihood of bullish progression.
💎We're eagerly awaiting definitive proof that this resistance level has transformed into a supportive base. If the bullish momentum persists, we anticipate an endeavor to breach significant resistance points at $1.40.
💎If the vigor behind MIL:OCEAN begins to diminish, stay vigilant for a possible bullish recovery from the steadfast support at $0.53. Yet, a fall below this crucial mark might indicate a transition to bearish conditions.
GMT Idea | GMTUSDTHELLO FRIENDS,
Today I'm going to share with you my tough about BINANCE:GMTUSDT , One of the most promising coins.
I believe GMT have alot of potential and currently the best time to open BUY position is NOW.
This is just my opinion, so I recommend you do your own analysis before open any positions.
CHEERS!!