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DOT/USDT 1DInterwal Review CHartHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel in which the price is currently holding. Moving on, we can move on to marking support areas when we start a larger correction. And here we can mark the support zone from which the price bounces from $4.36 to $4.03, then we can mark strong support at $3.56 and then $2.96. Looking the other way, we see that the price is on its way to a very strong resistance zone from $5.02 to $5.47, then there is resistance at $5.81, and then it will move towards a very strong resistance at $6.78 $. Please look at the CHOP index, which indicates that we are collecting more and more energy for the upcoming move, the RSI indicator shows an increase, but there is still a lot of room for the price to go higher, while the STOCH indicator indicates an upward movement with room for further price increase as well.
by cryptodailyuk
2
BTC 1D Review Chart Hello everyone, I invite you to review the current situation on BTC in pair to USDT, taking into account the interval of one day. First, we will use the blue lines to mark the downtrend channel, which the price has left with a strong downward move, while we are currently seeing a sideways exit from the downtrend line. Now we can move on to marking support areas in case the correction starts to deepen. For this we will lay out the Fib Retracement grid and here we can immediately see that the price stays in a strong support zone that lasts from $26311 to $24793, when the zone is broken down by the price we can see a strong downward move to the support area of 20411 $. Looking the other way, we can also check resistance points for the price when it starts to rise. As we can see the first resistance is at $27625, then we have the second resistance at $28477, then there is a strong resistance zone from $29244 to $30422, only when the price goes up and then positively tests this zone will move towards a very strong resistance at at $31,858. When we turn on the EMA Cross 200, we see that the price has fallen below the moving average of 200, indicating a return to the downtrend. When we look at the CHOP, RSI and STOCH indicators, we can see that energy is used everywhere and as the price movement on the chart confirms, we can see on the indicators that we are in a period of consolidation, which may give an upward movement in the coming days.
by cryptodailyuk
2
SUI/USDT is Gearing Up For Rally Amidst Chaos| SUI/USDT 💎Ladies and Gentlemen of ParadiseClub, buckle up! SUI/USDT is weaving an enthralling tale, strategically positioned near a bullish Order Block and geared up for an upward climb. 💎In the face of current market volatility, SUI/USDT has stood its ground impressively. It's worth noting that the asset has flipped the script on a bearish Order Block, transforming a former supply zone into a fresh demand area—a bullish indicator that demands attention. 💎Adding a twist to the plot, SUI/USDT has revisited the same Order Block level not just once, but twice. Each time, it honored the supply zone, setting off a downward course. This adds an extra layer of nuance to its already complex price dynamics. 💎Looking forward, an untouched supply zone is on the horizon. Keep an eye out for SUI targeting this zone for mitigation in the near term. 💎As always, Paradisers, stay vigilant and keep those charts updated. The world of crypto never sleeps, and neither should your trading strategies. Happy trading!
Long
by MyCryptoParadise_Simon
Bitcoin Longs Liquidated Again Today, What to Expect Next? Yello, Paradisers! Let's get into what's cooking in the Bitcoin world. 💎In the short-term view, Bitcoin is going through a turbulent phase. A significant number of long positions have been liquidated in the last 24 hours. 💎But This period of accumulation is crucial for Bitcoin's future growth. Why? Because when you see longs getting wiped out, it often signals an incoming wave of purchases from the big whales. 💎Zooming into the 2-hour time frame, the ATR resistance is currently under the spotlight. A successful breach above this level might pave the way for Bitcoin's next upward journey, potentially debunking the 'dead cat bounce' theory. 💎Keep your eyes on this ATR resistance level in the 2-hour chart. As we are always on the whale watch, we're monitoring this level closely. Stay tuned for more updates, and may your trades be ever in your favor!
Long
by MyCryptoParadise_Simon
SHIB/USDT is Ready For a Potential Rally | Shiba Inu Analysis 💎Hello Ladies & Gentleman of ParadisersClub, SHIB/USDT is currently on an intriguing path, steering towards a likely upward swing. 💎In our previous analyses, we saw how demand morphed into supply, causing a significant dip in price. As of now, a 4-hour chart reveals an order block, indicating that the price could soon reach this demand zone and ignite a bullish wave. 💎Diving deeper, Shiba Inu experienced a 36% correction after plummeting from its peak on August 12th, even dipping below the 0.618 Fibonacci retracement level. 💎What's captivating is the candle on August 17th, which closed above this Fibonacci level, and the subsequent Doji candle on August 22nd. This Doji, with its long lower wick and green close, reversed before even touching the 0.618 support. 💎This pattern suggests that while bears attempted to drive the price down, the bulls swooped in, buying up assets and potentially setting the stage for a bullish run. 💎Stay alert and adaptable, Paradisers. Keep your eyes peeled for more updates and happy trading!
Long
by MyCryptoParadise_Simon
AUDUSDRegarding our observations, currently there are significantly more buyers in the market. Breaking RSI-based trend line after overbought and oversold levels worked well for this instrument recently. We are in oversold again after a mighty break We might see some correction in Aussie move in this week or may be in next weeks. You can both enter after breaking 0.6450 or wait for reaching to around 0.6375. Next weeks we might join sellers again around the 0.6560! Remember that Aussie down trend might be due to bad economical data release of China as the main importer of Australia and also China's ambitions regarding Taiwan may end up in an economic conflict between the free world and China.
Long
by AliSignals
GBPCAD - The GBP Is Unstoppable!Analysis: This is another setup that we see involving the GBP and this is pretty much the same as our GBPUSD setup. Firstly looking at price it's clear to see that we're in an upwards trend. We're forming higher highs and higher lows. We also have an upwards trendline which is being respected giving us even more confluence that we're in a strong upwards trend. Price formed this pullback last week which was expected, however we've now pulled back to an area that interests us and an area where we expect to see bullish momentum form. At this level we have a previous area of resistance. As we know resistance often becomes support once broken so this to us looks like a possible area of support. We have more confluences however which line up with our area making it not just a possible area of support but instead a strong area of support. At this level we have the 61.8% fib retracement level. This is often classed as the strongest fib retracement level meaning that we should see buyers step in and push price higher, going in favour of our idea. Another confluence that we have is the upwards trendline. When this trendline has been touched in the past we've see it be respected then the buyers step in and push price higher. History often repeats itself especially in trading so we expect this to happen. Again going in favour of our bullish thesis. The final technical confluence that we have is the slowing bearish momentum. On Friday last week we saw some bullish momentum step in and take control of the market, which is a strong sign to us that we could be seeing price reverse and continue its move to the upside. This morning we had some news that was negative for the GBP, however this move that we got, in our opinion was an over reaction and we expect to see price continue with the bullish momentum we saw come into the markets at the end of last week. We don't just have the technicals on our side but we also have the fundamentals. Currently the GBP is the 2nd strongest major currency whereas the CAD is the 4th strongest major currency giving us even more reason to be long on this pair. That's not the end of it though. As of the most recent COT report we saw an increase of 18K short positions and an increase of 24K long positions on the GBP, which is bullish. For the CAD however we have a different story. We saw an increase of 3K short positions, whilst seeing a decrease of 1K long positions. This is bearish for the CAD. Both the fundamentals and the technicals favour being long on this pair which is why we have a bullish bias. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
18
USDJPYAs a student of SMC, I've just shorted USDJPY earlier in the day on the 1H timeframe. There is a 1H OB where price showed a strong rejection (it may or may not respect it). Further more there is a divergence happening on the Daily Timeframe. Add on to more confirmation, there is a strong resistance where price shows there is a strong sellers happening at that 1H OB area. If you do have any suggestions or Idea's or even traders from SMC, drop down a comment down below. let's discuss more about USDJPY market structure. NOTE: I'm not a professional advisor nor a signal provider, trade at your own risk and MM.
Short
by Student_of_Forex
SUI/USDT is Ready For a Potential Upward Movement💎Ladies and Gentlemen of ParadiseClub, SUI/USDT is poised for a captivating shift. At present, it's navigating towards the Demand Zone, hinting at a potential upward trajectory. 💎In our past observations, demand transitioned into supply, leading to a notable price descent. Presently, an order block is evident in the 4-hour chart, suggesting that the price might touch this demand zone and kickstart a bullish trend. 💎A noteworthy point is the price's pushback after securing liquidity at the OB. Yet, a word of caution: there's another OB beneath that the price might address before embarking on a bullish journey. 💎In the ever-evolving crypto realm, staying updated and agile is essential. Keep an eye out for further insights and happy trading, Paradisers!
Long
by MyCryptoParadise_Nathan
2
IMX/USDT is Showing Bullish Momentum | Immutable Analysis💎 IMX/USDT is currently navigating a descending channel, with a potential breakout on the horizon. 💎 If this breakout happens, it's poised to catalyze a projected impulsive surge. 💎 Notably, there's a confirmed order block in the shorter timeframe. Due to existing liquidity, the price is anticipated to gravitate toward these levels. 💎 In a previous phase, demand transitioned to supply, leading to a marked price decline and aiming for the prior OB. 💎 In the ever-fluctuating crypto landscape, being updated and flexible is essential. Keep a lookout for further insights and savor your trading voyage.
Long
by MyCryptoParadise_Nathan
OXT Might be Preparing For a Possible Correction| 💎 OXT/USDT seems poised for a potential pullback, with indicators pointing towards diminishing strength and a likely descent. 💎 The first engagement with the OB will be pivotal. Should a rejection manifest, it could indicate a liquidity drain, suggesting a shift to tackle the Bullish Order Block and a possible bearish progression. 💎 Conversely, the price might find resilience at the prior order block, steering its trajectory northward. 💎 In the ever-evolving crypto realm, knowledge and adaptability remain paramount. Keep an ear to the ground for further insights and relish your trading voyage.
Short
by MyCryptoParadise_Nathan
1
ETH/USDT 1D Review Chart 18.08I invite you to review the chart of ETH in pair to USDT, also on a one-day interval. First of all, using the yellow line, we can mark the uptrend line, from which the price went down. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see, first we have the support zone from $ 1610 to $ 1479, which at the moment held the price, the second very strong support at the price of $ 1298, and then we can see a drop to around the support level $1061. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here as the first resistance we will mark the zone from $1743 to $1819, then we have the second zone from $1899 to $2009, and then a very strong resistance at $2146. The CHOP index indicates that the energy has been used. On the RSI we crossed the lower limit which also indicates the use of energy, while the STOCH indicator rebounded and the energy was used to rebound the price after the decline.
by cryptodailyuk
(ASX:ALL) Staying above 200SMA for couple of weeks> Always enjoying going to my fav place and had an eye on this company for some time. > Aristocrat Leisure Limited (ASX: ALL) designs, develops and distributes gaming content, platforms and systems, including electronic gaming machines, casino management systems and digital social games. The Company's land-based products are approved for use in more than 300 licensed jurisdictions and are available in over 90 countries. The Group also operates within the online social gaming and real money wager markets. > Starting nibbling a bit from last couple of weeks. > Consistent dividend-paying company that to increasing every year. > due to COVID business is impacted but long term story remains intact as consumer behaviour will not change. > An opportunity for me to add this in long term portfolio.
ASX:ALL
by Peaceful-Weekend-Investing
ATOM is About to Start an Explosive Uptrend | ATOM/USDT Analysis💎ATOM/USDT is painting an optimistic landscape in the 1D Timeframe. A standout observation is its strategic positioning within a pivotal demand zone. 💎 There's a distinct OB and market imbalance around the $11 price point. Given the current dynamics, there's a strong inclination that ATOM might re-engage with this level soon. 💎 In the recent past, we've witnessed a transformation where demand has transitioned into supply, with ATOM carving out Equal Lows. 💎 While the overarching sentiment and indicators lean towards a positive trajectory for ATOM, the broader market's volatility remains a wildcard. It's essential to factor in this unpredictability as it could sway the outcome. 💎 Stay vigilant, and always look for real-time market shifts. The world of crypto is ever-evolving, and staying informed is the key to navigating it successfully.
Long
by MyCryptoParadise_Nathan
3
What's Next For BNB/USDT? Binance Coin Analysis 💎Attention, Paradisers! BNB is currently on a downward trajectory, eyeing a revisit to its pivotal support zone around $220, a level it has approached twice before. 💎Recently, BNB experienced a sharp price drop, establishing a bearish OB and creating an imbalance on its chart. 💎We're hopeful that after touching the $220 support, BNB will pivot and address the earlier imbalance. 💎Yet, it's essential to note that the broader market's volatility can influence BNB's price direction. 💎Stay connected for the latest insights and market updates with us.
Long
by MyCryptoParadise_Nathan
2
Eurusd : Bullish USD data and Inflation Fears 🛫 Hello everyone. Switching things up today with a in-depth look into recent sentiment and my thoughts on the last 5 bearish weekly candles on EURUSD. A mix of Bullish USD data and the fact that inflation looms above all of our heads has caused market participants to flock into the Safe haven USD. What are your thoughts on this decrease of EURUSD back into the range that EU has been stuck in since January? Thanks for joining me for another analysis and reading this far. See you in the next analysis!
by ShrewdCatfx
Guilty Pleasure Altcoins - Which are yours?Hi Traders, Investors and Speculators of Charts📈📉 I'm constantly on the lookout for projects with great potential. Microcaps often x10, x100 or even x1000 if you're lucky enough to catch them early AND take profits. However, today's post is something a little different. Let's talk guilty-pleasure coins and let's get real. Have you ever invested (or are currently invested) in a coin that is considered a "bad investment" by the community? If so, which coins and why did you decide to go for it regardless ? I'll go first... XRP 💰 I am still a hardcore believer in the fundamentals, even though I can't deny the evergrowing negative consensus and overwhelming bad rep that XRP gets from other analysts (often rightfully so). I've been a bag holder for many years, and my main reason is just sentimentality 😂 Now, VRAUSDT: The reason for using VRA/ Verasity for the cover is because I genuinely am undecided about this one. I'm not a big fan of coins who's decimals I can barely read so seeing a massive liquidity drain even before this microcap reached 0,09 isn't the best help for confidence in the project. However, the fundamentals seemed promising at the time. Incase you missed it: Verasity is a platform that aims to revolutionize the way that online video is viewed and monetized. It does this through a number of features including Proof of View (PoV), Engagement Rewards, VeraWallet, and VeraViews. PoV is a technology that uses blockchain to verify that users are actually watching videos, as opposed to simply clicking on them and then leaving. This helps to ensure that advertisers are only paying for genuine views. Engagement Rewards rewards users with VRA tokens for watching videos, engaging with ads, and participating in other activities on the Verasity platform. This helps to create a more engaged and interactive viewing experience. VeraWallet is a secure wallet that allows users to store their VRA tokens and participate in the Verasity ecosystem. VeraViews is a decentralized video sharing platform that uses the Verasity platform to verify views and reward users. All the above said, the fundamentals sounded great upon release. But obviously, something went wrong and I'll say this about it: The one thing I hate more than advertisements, is being forced to watch an ad. I've seen this new trend when I use apps on my phone that have ads. Suddenly, an annoying ad pops up. When trying to click the "X" or "Close" or "Skip" button, instead of actually taking me back to what I was doing (like very intensely playing solitaire) the click actually takes me to the site! Could it be that the reason for the project not taking off so well is more people like me just find it annoying and related scenarios? Especially if your reward for watching a 30sec ad is worth 0,004c... And so the question begs: Scam, guilty pleasure coin or worth-the-wait? _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
by CryptoCheck-
20
MATIC/USDT Chart ReviewI invite you to review the MATIC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. Moving on, we can move on to marking support areas when we start a larger correction. And here the first very strong support is at the price of $0.59, but when the price drops below, we can see a drop to the support of $0.31. Looking the other way, we see that the price has rebounded from the first significant resistance at $ 0.90, which so far has no strength to break. then second resistance is at $1.03, then we have another resistance zone from $1.16 to $1.34, then strong resistance at $1.56. When we turn on the EMA Cross 200, we see that the price rebounded from this line and thus remained in a strong downtrend. Please look at the CHOP index, which indicates that there is still energy for this move, the RSI has a strong rebound with room for the price to go lower, while the STOCH indicator also indicates that there is some energy left for the next move.
M
by cryptodailyuk