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Eth offering up an Elliott Wave soft ball here?If you find this information inspiring/helpful, please consider a boost and follow! Ethereum appears to be printing a beautiful impulse here. An impulse is a fantastic anchor in Elliott Waves. There are many ways it can develop that could telegraph a potential for continuation, or a reversal. I want to see a completed impulse down here at a lessor degree, followed by a retrace to an area of confluence, about 50% back internally to the smaller degree impulse, before looking for a continuation down. Since, per Elliott wave, price is fractal it could snow ball into a larger move to the down side. 3356 would be the invalidation for a the short. If that is broken I would wait for further upside to complete, and look for the same clues higher up. If it completes down and the impulsive move up is complete here, PA does not move up past 3356, I would be looking for a reaction, in the form of an impulsive move up. If this occurs I would scout for an internal retracement of the reactionary impulse to confluence before looking for a long.
INDEX:ETHUSDLong
by CryptoKnee
Bitcoin walkiing the Elliott Wave PathIf you find this information inspiring/helpful, please consider a boost and follow! #Bitcoin monthly update! 👀🧵 TLDR: Things still look ok, atm. Holding 60k is key! Glad others are counting things the way I've had it since January. No way we can all fail! 🤔 Triangle didn't play, still time. Bounces off my levels, atm. CRYPTOCAP:BTC still following the path. Complacency kills. Past performance is not indicative of future results, so ALWAYS an alt.
COINBASE:BTCUSDLong
by CryptoKnee
RIF/USDT Gearing up for an Exponential Rally? 👀🚀RIF Analysis💎Paradisers, stay on high alert! #RIFUSDT is shaping up for a compelling opportunity as it prepares to retest ascending support, indicating a robust bullish move ahead. 💎We've noticed that #RootstockInfrastructureFramework has been consistently respecting an ascending support line on the 1D timeframe, hinting at a solid base for bullish potential. It's now nearing the crucial support level at $0.185. 💎If it holds steady, there's a strong likelihood that it will target the significant resistance at $0.324, with the RSI suggesting a potential upward move, reinforcing this bullish outlook. 💎However, if #RIF loses momentum and breaks below this key support, be ready for a bullish rebound from a lower Demand Zone at $0.135. A drop below this level could signal a considerable downward trend for $RIF. Keep your strategies adaptable and stay sharp for any market fluctuations.
Long
by MyCryptoParadise_Simon
ARK/USDT Ready to Capture the Liquidity Above? 👀🚀ARK Analysis💎Paradisers, prepare for a captivating shift in the #ARKUSDT market, suggesting a possible bullish surge from its current demand zone. 💎After a recent rejection from a strong supply zone, #Ark has cleared buy-side liquidity. This sets the stage for a possible downward move before rebounding from the critical bullish OB at $0.764. If LSE:ARK gathers enough bullish momentum, we might see a dynamic push challenging and potentially breaking through the upper supply zone. 💎However, if #ARK struggles to maintain ground within this crucial support zone, a quick strategic pivot might be needed. Here's where Plan B comes into play: we'd then focus on initiating a bullish move from a lower demand zone at $0.68. This level is crucial—if LSE:ARK drops below it, it could indicate early signs of a bearish trend in the market's narrative. 💎Stay sharp and be ready to adapt, Paradisers. Your ParadiseTeam is on watch, poised to guide you through the evolving dynamics of the #ARK market.
Long
by MyCryptoParadise_Simon
CVC/USDT Can Rally if it Holds the Below Support Level👀🚀💎Paradisers, be on high alert! #CVCUSDT is poised for a compelling opportunity as it prepares to retest ascending support, indicating a robust bullish move ahead. 💎We've observed #CIVIC consistently respecting an ascending support line on the 1D timeframe, suggesting a solid foundation for bullish potential. Currently, it's approaching the crucial support level at $0.1329. 💎If it holds steady here, there's a strong likelihood that it will target the significant resistance at $0.24, with the RSI hinting at a possible upward trajectory, adding weight to this bullish perspective. 💎Conversely, if #CVC loses momentum and breaks below this key support, be ready for a bullish rebound from a lower Demand Zone at $0.113. A slip below this level would indicate a marked downward trend for $CVC. Keep your strategies flexible and stay sharp for any market fluctuations.
Long
by MyCryptoParadise_Simon
YFI/USDT Ready to Capture Above Liquidity? 👀 Positive Outlook💎Paradisers, let's examine the latest market movements for #YFIUSDT, which have taken a fascinating turn. 💎Currently, #YearnFinance is approaching the resistance within a descending triangle. A breakout above this level will indicate a bullish trend reversal, leading to the capture of the significant liquidity present above. 💎However, if #YFI fails to break through and faces rejection at the resistance, it might signal a downward shift, potentially leading the price back to the weekly OB area for renewed bullish momentum. 💎The weekly OB area is a critical support zone for #YFI. If the price holds at this level, it could present an excellent buying opportunity with a possible bounce upward. If #YFI breaks below this support, it may find a rebound from the high-demand area below. 💎Yet, if #YFI breaks through this demand area, it could signal a deeper bearish trend. Stay vigilant and adaptable as we track the evolving dynamics in the #YFI market.
Long
by MyCryptoParadise_Simon
1
BAT/USDT Ready to Breakout of Descending Channel? 👀🚀💎Paradisers, let's dive into the recent market dynamics of #BAT, which have been quite intriguing. 💎Following a retest of the support within a descending channel, #BasicAttentionToken seems poised to challenge the resistance zone above. If #BAT breaks out of the descending channel, it might retrace to retest the newly formed support at the resistance level. 💎If a breakout doesn't occur, there's a high chance that #BATUSDT will rebound from the support area around $0.245. A successful bounce here would suggest strength and indicate readiness for another attempt to break through resistance. 💎If TSXV:BAT manages to breach this resistance level, it could signal a shift toward bullish sentiment, potentially leading to further upward movement toward our target resistance zone. 💎However, if BAT fails to rebound from the support area and drops below it, the price could head towards the Demand Area. Historically, BAT has shown resilience and the ability to bounce back from this zone to reclaim support. 💎Yet, if BAT finds no support even in the Demand Area, it could raise concerns about a bullish reversal. A candle closing below this level would invalidate the bullish outlook, suggesting further downward movement.
Long
by MyCryptoParadise_Simon
ARB/USDT Preparing for a Bullish Reversal From a Key Support? 🚀💎Paradisers, let's explore the latest developments in the #ARBUSDT market, where some intriguing trends are unfolding. 💎Currently, #ARB is challenging the resistance in a descending channel. If it manages to break through, it could indicate a bullish reversal, potentially setting the stage to re-test the key resistance zone mentioned earlier. 💎However, if #Arbitrum fails to clear this resistance and is rejected, it could mean a downward shift, possibly sending the price back to the weekly OB (Order Block) area to regain upward momentum. 💎The weekly OB area is crucial for $ARB. If the price stays within this zone, it could offer a great buying opportunity, with a potential bounce leading to bullish gains. But if #ARB breaks below this level, it might signal a deeper downward trend. 💎Stay sharp and be prepared to adjust your strategy as we keep a close watch on the #ARB market dynamics.
Long
by MyCryptoParadise_Simon
1
ID/USDT Ready to Leave the Descending Channel? 🚀Positive Sign 💎Paradisers, let's take a look at the latest market trends for #IDUSDT, which have been quite interesting. 💎Currently, #SpaceID is hitting the resistance of a descending channel. If it manages to break above this level, it could signal a bullish trend reversal, with the potential to back-test the significant resistance zone mentioned above. 💎On the other hand, if #ID fails to break through and gets rejected at the resistance, it might indicate a downward shift, possibly sending the price back to the weekly OB area to regain some upward momentum. 💎The weekly OB area is a crucial support level for SpaceID. If the price holds within this zone, it could be a prime buying opportunity with a potential bounce to the upside. However, if BME:ID breaks below the weekly OB area, it might suggest further downward movement. 💎Stay focused and be ready to adapt as we monitor the unfolding dynamics of the #ID market.
Long
by MyCryptoParadise_Simon
SasanSeifi 💁‍♂Short-Term Price Movement in 2-Hour ChartBINANCE:ATOMUSDT As observed in the 2-hour timeframe, the price is currently trading and ranging within the $8.37 price area after minor fluctuations. The price is crossing above the EMA60. Short-term Scenario (2 hours): If the price consolidates above the EMA60, a potential short-term scenario could be for the price to move towards the $8.50 - $8.70 zone with minor positive fluctuations, followed by a minor pullback and another upward movement towards the $9 supply target zone. To better understand the continuation of the price trend, observing how the price reacts to the supply zone is crucial. The potential short-term trend is also illustrated in the above chart. This is not financial advice. Always do your research before making any investment decisions. Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌ if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Long
by SasanSeifi
JOE/USDT Ready to Rally From a Key Support? 👀🚀Positive Signs 💎Paradisers, let's explore the recent market activity surrounding #JOEUSDT. 💎Right now, #Joe is showing positive signs as it rebounds from the Bullish OB area. This momentum suggests that the asset might attempt to test the resistance trendline just above its current level. 💎If #JOE successfully breaks through this resistance, it could signal a continuation of the upward trend, with the potential to reach our target resistance zone higher up. 💎However, if NYSE:JOE struggles to break out and faces rejection, it might shift into a downward trend, possibly revisiting the Demand area to rebuild strength. 💎To maintain its bullish outlook, #JOE needs to bounce back from the Bullish OB area. If it drops below this level, it could lead to further downward movement, potentially driving Joe toward lower support areas or deeper into bearish territory. Stay tuned to see how #JOE navigates these critical levels.
Long
by MyCryptoParadise_Simon
CELO/USDT Gearing up for a Bounce Back From the Bullish OB 👀🚀💎Paradisers, let's focus on the recent market dynamics surrounding #CELOUSDT. 💎Right now, #Celo is bouncing from the Bullish OB area, which suggests positive momentum in the market. There's a good chance for the asset to challenge the resistance trendline overhead, hinting at a potentially strong upward move. 💎If #CELO manages to break through this resistance, it could signal a continuation of its upward trajectory, with the potential to reach our target resistance zone. 💎However, if SEED_DONKEYDAN_MARKET_CAP:CELO doesn't manage to break out and gets rejected by the resistance, it could trigger a downward turn, possibly retesting the Demand area to rebuild momentum. 💎It's crucial for #CELO to rebound from the Demand Area. A breakdown below this point could lead to further declines, dragging Celo towards lower support zones or deeper into bearish territory. Keeping a close watch on how CELO behaves at these key levels is essential.
Long
by MyCryptoParadise_Simon
2
UTK/USDT Gearing up for an Explosive Bull Rally From Support🚀💎Paradisers, take note of the recent market dynamics around #UTKUSDT. Currently, UTK is strategically positioned at a support area, where we've observed bullish signals marked by a rejection candle. 💎This setup hints at the potential for a rebound from the support, signaling a possible continuation of the upward trend. There’s a good chance that #xMoney could push forward, aiming for our targeted resistance zone, which marks a crucial point for potential gains. 💎However, if $UTK struggles to uphold this support or fails to capitalize on the bounce, it might indicate a fading momentum. A drop below the support level could signal a shift towards a bearish phase, potentially accelerating downward trends. 💎It’s essential to keep a close watch on how #UTK interacts with this support zone. Monitoring this will help us determine whether the current bullish signs will hold or if we need to brace for a potential reversal to bearish conditions. Stay sharp and adaptive, Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
THETA/USDT Ready to Leave Accumulation Zone | 🚀Positive Sign💎Paradisers, #THETAUSDT is currently showcasing some interesting market movements. Positioned at a critical support level, THETA is experiencing notable accumulation, signaling potential bullish activity. 💎We remain hopeful that this accumulation at the support might catalyze a bounce, potentially initiating a renewed ascent. There's a strong chance that #ThetaToken could ascend toward our set target in the higher resistance zone, indicating a continuation of the upward trend. 💎However, If MYX:THETA struggles to sustain this support or fails to bounce effectively, it might point to a weakening in momentum. A drop below this support could mark a shift towards bearish territory. 💎It is vital to keep an eye on how #THETA interacts with this crucial support. Monitoring this closely will help us determine if the bullish trend will persist or if we should prepare for a possible bearish reversal. Stay focused and ready to adapt, Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
ROSE/USDT in an Ideal Position Rally From a Support Zone🚀 💎The current market scenario for #ROSEUSDT is catching the eyes of many. ROSE is now firmly at a support level and suggests a potential uptick in momentum. 💎This bullish signal implies that a bounce off this support could be the start of a renewed upward push. There's a strong chance that #OasisNetwork could climb towards our designated resistance target, marking continued upward momentum. 💎On the other hand, if BCBA:ROSE cannot hold this support or capitalize on the bullish signal, it may indicate a fading of bullish strength. A breach below this support could confirm a shift to bearish dominance, potentially accelerating downward trends. 💎It's essential to keep a close watch on how #ROSE interacts with this critical support zone. Monitoring its response will be key to determining if the bullish momentum holds or if we need to brace for a reversal to bearish conditions. Stay tuned, Paradisers, as this dynamic unfolds. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
LUNA/USDT Looking Good For a Bounce Back to Supply Zone 🚀 💎The recent market activities for #LUNAUSDT have caught our attention. Currently, LUNA is finding footing at a support area, highlighted by a bullish rejection candle, signaling possible upward movement. 💎This setup suggests a bounce could be imminent, propelling #TerraLuna towards higher resistance targets. The presence of this bullish candle at support hints at a strengthening of momentum, potentially steering the price toward notable resistance levels. 💎Conversely, if NASDAQ:LUNA struggles to sustain this support or the bounce falters, it may point to a weakening of bullish forces. A drop below the support level could usher in a bearish phase, emphasizing the need for vigilance. 💎Monitoring #LUNA's response to this support zone is crucial. We need to watch closely for either a confirmation of the bullish trajectory or signs of a reversal to bearish trends. Stay alert, Paradisers, as these market shifts unfold. MyCryptoParadise i Feel the success 🌴
Long
by MyCryptoParadise_Simon
POWR/USDT Breakout Alert | 👀🚀Is it Ready to Rally?💎Paradisers, zoom in on #POWRUSDT as it displays impressive market activity. #PowerLedger recently tested resistance at $0.526 and has retested solid support at $0.271. 💎If #POWR holds firm at this critical level, we could see a continuation of the bullish trend. This positive outlook is underscored by #POWR’s strong showing above the EMA, hinting at further upward movement from this base. 💎On the flip side, if #POWR finds it challenging to stay above $0.271, it might signal a time to adjust our strategies. But when this support weakens, your sights must be set on a potential bounce from the lower demand zone at $0.226. 💎A drop below this subsequent support could signal a shift to a bearish trend, prompting us to rethink our positions. 💎Keep sharp and adaptable, Paradisers. The ParadiseTeam is diligently analyzing the trends to provide you with key insights, ensuring your trading decisions are both strategic and informed.
Long
by MyCryptoParadise_Simon
1