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PEPE/USDT potential shift from support? 👀 🚀 PEPE analysis💎 Paradisers, turn your focus to #PEPEUSDT. It's currently displaying promising activity within a support zone, suggesting a potential bullish shift. 💎 Recently, we observed #PEPEUSDT breaking out from a descending channel, signaling the start of a bullish trajectory. It is now retesting what was once the channel's resistance, which has since evolved into a supportive base. Notably, it's positioned above the EMA 200, adding to our optimism that, following a brief interaction with the EMA, it might begin its ascent. 💎 Furthermore, the VRVP indicates significant volume at this level, enhancing the likelihood of continued upward movement. However, caution is advised: if the price fails to maintain its momentum and falls below both the EMA and the support zone, it could be pulled towards a critical demand level. 💎 As always, it's vital to implement wise trading strategies and set appropriate stop-loss measures. Stay vigilant and keep an eye out for further insights and market movements. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
AAVE/USDT It possible breakout and continue upward movement!💎 Paradisers, #AAVE is indeed a coin worth monitoring closely. 💎 Currently, AAVE is facing resistance around 98.15. Upon reviewing the chart, it appears to be in an accumulation phase, indicating potential bullish momentum if AAVE successfully breaks out of the resistance and the descending resistance simultaneously. 💎 Such a breakout could lead to significant upward movement, possibly testing our target strong resistance area. 💎 However, if AAVE fails to break the descending resistance and experiences a rejection with a bearish candle, this could signal a potential downturn. In this scenario, the price may retreat to retest the support around 79, initiating another significant downward momentum. 💎 Historically, the price has consistently bounced each time it hit the support of the accumulation phase. Therefore, if AAVE revisits this zone, there's potential for a reversal. However, if it fails to bounce and even breaks down below the support, it may head towards the key support area. 💎 In the event of an upward scenario, if AAVE revisits the key support, it's crucial to reclaim the support around 79. Failure to do so, resulting in a break below the key support, would confirm bullish invalidation and likely lead to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2
NVIDIA Earnings May 21 - Will Crypto AI Fetch (FET) Heat Up?Back in Feb 22, 2024 NVIDIA AI chipmaker reported Q4 2023 earnings per share of $5.16 with a posted revenue of $22.1 billion higher than expected. Biggest crypto AI narratives FET rose up to 15%. Now the biggest question is: "Will FET token will lead the crypto market as NVIDIA is going to report earnings of Q1, 2024?" YES , there is HIGH probability of greater reporting earnings by NVIDIA for Q1, 2024. The fact that Taiwan Semiconductor (TSMC) AI chipmaker Q1 earnings came in higher ($7.3 billion) suggests Nvidia’s could reveal the same. Trade Setups with TP, SL and Entry is shown in the chart. Good Luck!!!
Long
by halian2k
PENDLE/USDT Breakout Alert! Bullish momentum for Pendle.💎 Paradisers, #PENDLE is indeed a coin worth monitoring closely. 💎 It appears that the price has successfully broken out of the falling wedge pattern, accompanied by a break of the Choch area and a reclaim of the support level. These three confirmations simultaneously signal a very bullish potential for PENDLE's movement. 💎 The price may retest the support area around 5.580 before continuing its upward trend, potentially aiming to reach the previous all-time high in our target area. 💎 However, if PENDLE fails to bounce from the support area and instead consolidates with weak volume, this could be a concerning sign. 💎 It may indicate a possible fakeout or even a breakdown below the support area. In such a scenario, PENDLE would fail to sustain its bullish movement, and the price could decline toward the demand area at $4.7. 💎 The demand area holds significant importance, so it's crucial for PENDLE to bounce from this level and reclaim the support to resume its upward movement. However, if PENDLE fails to bounce and breaks below the demand area, this could signal a bearish momentum, potentially leading to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
5
OP/USDT upward momentum descending resistance breakout?👀🚀💎 Paradisers! Keep your eyes on #OPUSDT as it's showing promising signs of a bullish continuation from the demand zone. 💎 After careful observation of the price action, we’ve noted that $Optimism is on the verge of breaking through descending resistance. If it successfully breaches this resistance and maintains momentum above the EMA 100, there’s a high likelihood that the price will make a strong bullish move upward. 💎 It’s also important to consider the alternative scenario: if NASDAQ:OP fails to break the descending resistance and begins to drop, we might anticipate a bullish rebound from a lower key support zone. However, breaking below this could invalidate the bullish setup and lead to further declines in price. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
USDT.D% will ⚔️Attack⚔️ to Support zone again💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status. 💡If USDT.D% falls, we can expect the cryptocurrency market to start rising ( not all tokens, of course ). 📈From the point of view of Classical Technical Analysis , USDT.D% looks like. It has succeeded in breaking the lower line of the Rising Wedge Pattern . 🌊According to the theory of Elliott waves , USDT.D% has successfully completed the Zigzag(ABC) correction , and we have to wait for the next 5 falling waves . 🔔I expect USDT.D% to at least fall to the 🟢 Support zone(4.72%-4.53%) 🟢. Market Cap USDT Dominance% Analyze (USDT.D%), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
CRYPTOCAP:USDT.DShort
by pejman_zwin
8
BCH/USDT It shows reject potential will revisit the support area💎 Paradisers, #BCH is indeed a coin worth monitoring closely. 💎 It appears that BCH faced rejection at the resistance level after attempting to break out. Based on current price action, there's potential for BCH to retest the support area around 445. If this scenario plays out, we might witness a bounce from this support level, with BCH resuming its upward trajectory and attempting to break above the resistance at 493. 💎 A successful breakout above 493 could pave the way for BCH to target the 530 area, which serves as the next significant resistance level. Breaking through this level would be crucial for BCH to sustain its upward movement and potentially reach our target supply zone area. 💎 However, if BCH fails to bounce from the support area and even breaks below it, the next target would be the support trendline. This level is critical as it represents a key support level that BCH needs to bounce from to maintain a bullish outlook. 💎 If BCH also breaks below the support trendline, there's still one more opportunity for support at the Bullish OB area around 405 - 390. A successful bounce from this area, accompanied by a reclaim of the support level, could signal a bullish momentum shift for BCH. 💎 On the contrary, if BCH breaks below the Bullish OB area, it would confirm bearish sentiment, and the bullish invalidation would be valid. In this scenario, we could expect BCH to continue its downward trajectory, potentially experiencing further dips. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
ONDO/USDT bullish Pennant expecting breakout? 👀🚀💎 Paradisers, take note: #ONDOUSDT is currently trading within a bullish pennant pattern, suggesting a high probability of an upward breakout. 💎 Currently, #ONDO is testing the resistance of the pennant. If the price successfully breaks out and sustains momentum, there's a strong likelihood of a robust upward move targeting our predetermined resistance levels. 💎 Considering market volatility, should the price of LSE:ONDO lose momentum and break below the pennant's support, this could indicate a weakening of the bullish trend, potentially leading to a significant price decline. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
12
CHR/USDT falling wedge bullish horizon? 👀🚀CHR analysis 💎Paradisers, observe as #CHRUSDT recently broke out from a falling wedge, indicating a strong potential for a bullish move, with the 100-day moving average currently posing as resistance. 💎 Following the breakout from the falling wedge, the price is now in a demand zone. If it maintains momentum here, there's a high probability it could break through the significant resistance above. 💎 However, given the market's volatility, if NASDAQ:CHR fails to keep up its momentum and drops below the demand level at $0.3018, this could suggest a weakening of the bullish position, potentially leading to a significant decline. In such a scenario, we might see a bullish rebound from a lower, strong support level $0.2503, but breaking below this could result in substantial downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
KAVA/USDT upward trajectory from demand? 👀🚀KAVA analysis💎 Paradisers, take note as #KAVAUSDT is currently making a noteworthy move, trading within a demand zone that significantly raises the likelihood of a bullish trend. 💎 Previously, we've observed #KAVA consistently respecting descending resistance. Currently, as the price regains momentum at the demand level of $0.6489, there's a high chance that it could overcome the descending resistance and tackle the noted Bearish Order Block. 💎 However, considering the inherent volatility of the market, if SEED_DONKEYDAN_MARKET_CAP:KAVA fails to maintain its momentum and falls below the demand level at $0.6489, this could indicate a softening of the bullish stance, potentially leading to a substantial price drop. 💎Should this occur, we will shift to plan B: we may witness a bullish rebound from the lower, substantial support level at $0.5963, although breaking below this level could trigger significant downward movements. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3
YGG/USDT It looks triple bottom, Bullish momentum for YGG💎 Paradisers, #YGG is indeed a coin worth monitoring closely. 💎 It appears that YGG has experienced a strong bounce from the key support area, potentially forming a triple bottom pattern, which is a bullish reversal pattern. 💎 To validate this pattern, YGG needs to break out above the resistance level of 1.06. If successful, this breakout could signal a return to bullish momentum, potentially leading YGG to reach our target supply zone area. 💎 However, if YGG fails to break above the resistance and faces rejection, it may resume its downward movement, retracing back to test the key support area around 0.74 - 0.69. 💎 Based on historical price action, YGG has shown a tendency to bounce when reaching this support zone. Therefore, if YGG revisits this area, there is potential for another bounce, potentially reversing the downtrend and aiming to break above the key resistance level at 1.06. 💎 The bullish invalidation scenario would come into play if YGG fails to bounce from the key support area and the daily candle closes below it. This would confirm bearish sentiment and could lead to further downward movement and deeper dips. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
ENJ/USDT Break Alert! Bullish momentum for ENJ movement.💎 Paradisers, #ENJ is indeed a coin worth monitoring closely. 💎 The chart shows a potential bounce from the support area, followed by a successful breakout of the descending resistance, indicating bullish momentum for ENJ. ENJ may undergo a retesting phase before continuing its upward movement towards our target area. 💎 However, if ENJ fails to bounce during the retesting phase and even breaks below the trendline, it could indicate weakness in the bullish momentum. 💎 In such a scenario, ENJ might retreat to revisit the major support level around 0.272 - 0.25. This could potentially lead to a significant bounce and a reversal back to bullish territory. 💎 The bullish invalidation scenario would come into play if ENJ fails to bounce from the major support area and the daily candle closes below it. This could confirm bearish sentiment and lead to further downward movement and deeper dips. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
6
API3/USDT It shows a bouncing, indicating reversal bullish!💎 Paradisers, #API3 is indeed a coin worth monitoring closely. 💎 The chart appears to be bouncing from the support area, potentially forming a bullish candlestick pattern known as "three white soldiers." 💎 If the daily close confirms with a green candle, this pattern could signal a continuation of the upward movement toward the resistance level at 2.744. 💎 API3 has faced rejection twice at the 2.74 resistance level before. If the price successfully breaks above this resistance level on this attempt, it could trigger a bullish momentum. 💎 Potentially leading to further upward movement toward the descending resistance line. Breaking this pattern could pave the way for reaching our target level. 💎 However, if API3 fails once again to break above the resistance, it may form a triple-top pattern, which is considered bearish. 💎 In this scenario, the price could be rejected and retreat towards the support area or even to the Bullish Order Block (OB) area. This could lead to a significant accumulation of orders and a potential strong bounce to retest the 2.74 resistance level. 💎 The bullish invalidation scenario would occur if API3 fails to bounce from the OB area and the daily candle closes below it. Such a move could confirm bearish sentiment and potentially lead to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
MKR/USDT Keep an eye on the demand area, potential reversal!💎 Paradisers, #MKR is indeed a coin worth monitoring closely. 💎 Currently, there's a potential for the price to retest the demand area around 2530 - 2400. Historical data suggests that MKR tends to bounce consistently when reaching this demand area. 💎 If this pattern repeats, MKR may test the resistance trendline after bouncing from the demand zone. 💎 Breaking above the resistance trendline is essential for MKR to sustain its upward movement and potentially reach higher levels or our target strong resistance area. However, if MKR fails to break above the trendline, it could face rejection and retreat back towards the demand area. 💎 Should MKR fail to bounce from the demand area, there's a possibility of a wick forming when testing the support zone, which was not touched after the re-accumulation phase. This could signal a rapid return to an upward trajectory. 💎 The bullish invalidation scenario would occur if MKR breaks below the support level at 2267, confirmed by a daily candle close below this level. Such a move could indicate a shift towards bearish sentiment and potential further price declines. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
ALICE/USDT It shows a bouncing from the support, bullish moment!💎 Paradisers, #ALICE is indeed a coin worth monitoring closely. 💎 Currently positioned at a critical support area, ALICE needs to bounce from this level to sustain its upward momentum. A successful bounce could potentially lead to a test of the resistance of the descending pattern. 💎 Breaking above this pattern would signify a bullish reversal and continuation of the upward movement, possibly towards the resistance around the 1.65 level area. 💎 However, if ALICE fails to break above the resistance and experiences rejection, there's a risk of the price falling back towards the support area. Continued touches on the support may weaken its effectiveness over time, signaling potential bearish pressure. 💎 Should ALICE fail to bounce from the support area and instead break below it, there's a possibility of further downward movement. In such a scenario, the next area of interest would be the demand area, which could offer support around the 1.1 level. 💎 The bullish invalidation scenario would occur if ALICE fails to bounce from the demand area and confirms a daily candle close below it. This would indicate a shift towards bearish sentiment and could result in further price declines. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
COTI/USDT upward momentum from demand? 👀🚀COTI analysis💎 Paradisers! We are currently witnessing #COTIUSDT showing a high probability of bullish continuation from the demand zone. 💎 After closely monitoring the price action, we've seen OTC:COTI break above its descending resistance. It's now positioned for a bullish continuation from the demand zone at $0.9994. Interestingly, this demand level has been respected twice before, and we anticipate that it will be honored once again. If the momentum sustains at this level, we expect a strong bullish wave aiming for the resistance levels mentioned above. 💎 Another point to consider is the diminishing intensity of the rejections at this demand level, indicating a potential weakening. Should this level break, we're prepared to capitalize on a bullish rebound from the lower bullish Order Block at $0.06420. The substantial liquidity at this level suggests that #COTI could experience a robust bullish rebound. However, a break below this OB level could lead to a significant downward movement. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
CELR/USDT It required bounce, to made a bullish structure move.💎 Paradisers, #CELR is indeed a coin worth monitoring closely. 💎 Currently positioned at a critical support area, CELR needs to bounce from this level to sustain its upward momentum. 💎 A successful bounce could potentially lead to a retest of the resistance around the 0.0298 area, which is crucial for confirming a return to bullish sentiment. Breaking above this resistance is necessary for CELR to continue its upward trajectory. 💎 However, if CELR fails to break above the resistance and experiences rejection, there's a risk of the price falling back towards the support area. Continued touches on the support may weaken its effectiveness over time, signaling potential bearish pressure. 💎 Should CELR fail to bounce from the support area and instead break below it, there's a possibility of further downward movement towards the demand area around 0.02. This level holds significant importance, and a bounce from here would be essential for CELR to maintain its bullish outlook. 💎 The bullish invalidation scenario would occur if CELR fails to bounce from the demand area and confirms a daily candle close below it. This would indicate a shift towards bearish sentiment and could result in further price declines.   MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
BAND/USDT Possible to bounce on here and break the descending!💎 Paradisers, #BAND is indeed a coin worth monitoring closely. 💎 It's currently situated at a key support area, and a successful bounce from this level is crucial to maintain bullish momentum and continue its upward movement. 💎 If the bounce proves to be valid, BAND may attempt to break above the resistance trendline of the descending pattern. 💎 However, if BAND fails to break above the resistance and experiences rejection, there's a potential for the price to retreat back to the support area. Repeated touches on the support may gradually weaken its effectiveness, posing a concern for the bullish outlook. 💎 The bullish invalidation would occur if BAND fails to bounce from the demand area and confirms a daily candle close below the support level at 1.25. This would indicate a shift towards bearish sentiment and could lead to further downward movement in price.   MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
3
SKL/USDT In the critical support area, possible to bounce here!💎 Paradisers, #SKL is indeed a coin worth monitoring closely. 💎 It rests on a crucial support area and needs to bounce from here to sustain its upward movement. If the bounce proves successful, SKL may retest the resistance around $0.104. 💎 This level holds significant importance as a confirmation point for the bullish trend. Breaking above this resistance is essential for SKL to continue its upward trajectory. 💎 However, if SKL fails to break above the resistance and faces rejection, it could retreat back to the support area. Multiple touches on the support area may weaken its strength over time, posing a potential concern for the bullish scenario. 💎 If SKL fails to bounce from the support area and breaks below it, it may descend towards the demand area around $0.05. This level is critical, and a bounce from here, coupled with a reclaiming of the support area, would be necessary for SKL to maintain its upward momentum. 💎 The bullish invalidation would occur if SKL fails to bounce from the demand area and confirms a daily candle close below it. Such a development would signal a shift towards bearish sentiment and could lead to further price declines.   MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
3
GALA/USDT exciting opportunity bullish horizon?👀🚀GALA Analysis💎 Paradisers, gear up for a promising trading opportunity with #GALAUSDT. There's a strong potential for a bullish reversal from the key support at $0.03557. If it maintains its momentum at this level, there's a significant chance it could initiate a bullish push, aiming to breach resistance and target our designated strong resistance area. 💎 Should INDEX:GALA fail to rebound from the $0.03557 support and instead break below it, this could indicate a continued downward trend, with the next critical demand zone at $0.03317. Notably, this level has already seen significant upward movements twice due to its robust liquidity. 💎 If #GALA reaches this demand zone again, it is crucial for the price to secure a rebound from this level to maintain support. A failure to rebound could escalate bearish momentum, exacerbate negative market sentiment, and possibly lead to further declines in price. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
5
VANRY/USDT It's showing a bullish momentum for the movement!💎 Paradisers, #VANRY is indeed a coin worth monitoring closely. 💎 Its successful breakout from the descending channel pattern indicates a bullish momentum for VANRY's movement. The current retesting phase at the demand level around $0.157, coupled with a bullish candle rejection, suggests a potential continuation of the upward movement. 💎 If this scenario unfolds, VANRY could target the resistance zone between $0.21 - $0.228. Breaking above this area would be crucial for sustaining upward momentum and potentially reaching our target strong resistance area. 💎 However, if VANRY fails to break above the resistance and experiences rejection, there's a possibility of retracement back to the demand area or even towards the Bullish OB area to gather momentum for another attempt at breaking the resistance. 💎 The bullish invalidation would occur if VANRY confirms a daily candle close below $0.1085. Such a development would signal a shift in sentiment towards bearishness, potentially leading to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
6