LEVERFI WILL DROP 30%This BINANCE:LEVERUSDT shows a continuing downward sloping channel.
Observe that the support has been bridged trice. while price have only ticked resistance without piercing through.
The idea is to short at the top of the channel (red line) even if price break above redline, the purple channel provides another strong resistance.
Action plan
0.002258- 0. 002180 -- sell
0.002530 -0.002656 -- Stop loss
0.001450- 0.00168 -- take profits
Goodluck!!
Lever
Will #LEVERUSDT Defy the Odds or Dive Deeper? Watch These LevelsYello, Paradisers! Is #LEVERUSDT about to take off, or are we in for another twist? Let's look at the latest analysis of the #LeverFi:
💎#LEVER is currently flashing signs of a bullish continuation from a key support zone that used to be a descending resistance. We've been tracking #LeverFi moving within a descending channel for a while now. Recently, it broke above this pattern, retested the upper channel, and is now showing strength at the crucial support level.
💎If #LEVER holds this support, we could see a significant bullish rally reminiscent of past trends. A breakout above the resistance at $0.0026 could pave the way for a move towards higher resistance zones.
💎Should the momentum fail to sustain at the current level, the next bullish rebound might occur around the lower bullish Order Block (OB) at $0.0015. If that fails, we may see further support tested at $0.0013.
💎Stay vigilant, Paradisers! A daily close below the demand area could negate the bullish scenario and lead to a deeper correction.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
LEVERUSDT Is Critical Levels to Watch!!Yello, Paradisers! Are we on the brink of a significant move in #LEVERUSDT? Let's dive in.
💎#LEVER is currently showing signs of a successful breakout from the falling wedge pattern—a bullish signal that suggests upward momentum. However, the current price action is testing the resistance zone at 0.0019 - 0.00204 and has faced rejection. If LEVER fails to break out above this resistance soon, we could see the price retracing to the demand zone at 0.00159 to gather momentum for another attempt.
💎Should LEVER manage to break through the 0.00204 resistance, there's a high probability that the price will quickly reach the first target area. If it also overcomes resistance at that level, we could witness a significant upward move towards our final target within a strong resistance zone.
💎However, the bearish scenario comes into play if LEVER tests the demand zone but fails to bounce. If this occurs, the price is likely to break down further, heading towards the last support area at 0.00134.
💎The bullish outlook will be invalidated if we see a daily candle close below the key support area. If this happens, it would confirm a continuation of the downward trend, signaling a deeper dip.
Remember, in trading, staying disciplined is key.
MyCryptoParadise
iFeel the success🌴
LEVER, getting ready to revisit X2 price!LEVER recently went parabolic on the 1st week of October by peaking at 0.30 range. From thereon, as per the usual parabolic case which warrants a hefty correction, the coin dip dives into 0.12 territory.
At present, LEVER is slowly building a good solid base and slowly crawling up based on recent daily metrics. Seven days of straight net buying activity has been registered conveying the current price range as the new base for the next series of ascend.
The coin is bouncing off a very strong major order block support with precision.
Expect some weighty price movement from here on favoring the bulls.
We are now at a good discounted range. It's not always you get a good setup like this one. SEED.
Spotted at 0.001400
TAYOR.
Safeguard funds always.
LEVERUSDT(LeverFi) Daily tf Range Updated till 11-06-24LEVERUSDT(LeverFi) Daily timeframe range. while market is having hard time today compare to that its holding nicely till now. trying to get out of 0.003990 but its a strong resistance. and not very far away from price discovery, good trade opportunity their if that happens. recent retrace point at 0.003007.
Is the LEVER super bullish?First of all, you should know that this symbol is low volume and almost risky.
We expect a medium-term bullish trend to start from the green range.
We have a triangle of the type of completion of the bearish trend on the chart
If the green range is maintained, LEVER can have significant movements.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LEVERUSDT.4HExamining the 4-hour chart of LEVER/USDT, I can discern a few essential technical aspects to aid in developing a trading approach.
### Key Resistance and Support Levels:
- *Resistance 1 (R1):* $0.004420 - This level has acted as a ceiling for the price action, marking a significant point where sellers previously came in strongly.
- *Support 1 (S1):* $0.002840 - This is a critical support level that has been tested and held, indicating buyers' interest at this price.
- *Support 2 (S2):* $0.001934 - This is the next substantial support level below S1, which could act as a fallback should the price break below S1.
### Technical Indicators:
- *Relative Strength Index (RSI):* The RSI is at 47.28, which places it near the middle of the range, indicating neither overbought nor oversold conditions. This neutral stance can suggest a potential for movement in either direction without strong bias.
- *Moving Average Convergence Divergence (MACD):* The MACD line is slightly below the signal line, and both are near zero on the histogram. This configuration hints at a bearish bias but lacks strong momentum, suggesting that the market is in a phase of uncertainty or consolidation.
### Trend Analysis:
- The chart displays a somewhat choppy price action with no clear sustained direction over the recent past. The recent break below a minor support indicates potential for further downside unless buyers step in decisively.
### Candlestick Patterns:
- Recent candlesticks show a mix of bullish and bearish closes, with no dominant pattern emerging. This indecision in candlestick patterns aligns with the RSI and MACD readings, suggesting a market without a strong directional bias.
### Conclusion:
The LEVER/USDT market is currently showing signs of indecision with a slight bearish undertone as indicated by the recent price action and the position of the MACD below the signal line. Given the RSI's neutral position, there is a potential for price movement in either direction, so traders should monitor these levels closely for breakout or breakdown signals.
For a trading strategy, consider a cautious approach: entering a buy if there's a clear reversal pattern near S1 with a tight stop loss below S2, aiming for R1 as an initial target. Conversely, a break below S1 could warrant a short position, targeting S2, with a stop loss just above S1. As always, it’s prudent to monitor the market response at these key levels and adjust positions accordingly to manage risk effectively.
LEVER/USDT Potential back to try break the key resistance area.💎 LEVER has recently demonstrated significant market dynamics, exhibiting a bounce from the support area.
💎 There's potential for LEVER to sustain its upward momentum and retest the resistance around the 0.0032 area. A breakout above this resistance could pave the way for an easy movement towards our target area.
💎 However, if LEVER faces rejection at the resistance area, there's a possibility that the price will retreat and test the demand area around $0.002.
💎 When LEVER reaches the demand area, it is crucial for it to bounce, as this zone holds significant importance. Failure to sustain the demand area could result in further downward movement, potentially testing lower support levels.
LEVER - Expect Short opportunity ?#LEVER #Analysis
Description
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+ I usually don't share short signals when the market is bullish but this is an exception.
+ As you can see in the chart, this is the third time price is getting rejected in the resistance, this is showing clear bearish trend for the LEVER
+ I'm planning to enter a small short position with a low capital at the current price.
+ Don't risk more than 0.2% of the capital
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VectorAlgo Trade Details
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Entry Price: 0.002569
Stop Loss: 0.003160
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Target 1: 0.002268
Target 2: 0.001990
Target 3: 0.001717
Target 4: 0.001328
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Timeframe: 1D
Capital: 1% of trading capital
Leverage: 5x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
LEVER/USDT A successful breakout, Possible to make New ATH!💎 LEVER has recently undergone significant market dynamics. Currently, LEVER is attempting to backtest the Bearish OB area after facing hard rejections twice before.
💎 If LEVER successfully breaks out from this area, it could probability lead to a new all-time high and potentially reach our target area.
💎 However, if LEVER fails to break above the supply area again, there's a possibility that the price will retreat downwards towards the demand area around 0.002 to establish new momentum.
💎 In the demand area, LEVER must bounce upwards to resume its upward trajectory. However, if LEVER breaks below the demand area, it could indicate continued downward movement, potentially revisiting the bottom support level.
LEVER/USDT Break is confirmed! Could the price back more upward?💎 LEVER has recently shown significant market dynamics. Currently, LEVER has broken out of the symmetrical triangle pattern and is now in the process of retesting before potentially continuing its upward movement.
💎 If this retesting phase holds, we could see a significant upward movement, probability leading to a retest of our target bearish OB area.
💎 However, if LEVER fails to bounce during the retesting phase and falls back below the trendline, a false breakout scenario is confirmed. In such a case, LEVER may return to a downward trajectory, testing the support trendline once again.
💎 The support trendline is a critical area to watch. If LEVER fails to hold above this level and breaks below the support trendline, it would signal a shift to a downward trend, potentially leading to further declines.
LEVER is showing a bullish divergence on the hourly chart.LEVER is one of the lower price cryptos that I like to trade on a regular basis.
It's now showing a strong bullish divergence on the hourly chart. When this divergence corrects, it could be the backing LEVER needs to punch up through the upper trend line of the wedge pattern that is nearly at its end. I'll be trading it to the upside.
Good luck, and always use a stop.
LEVER/USDT Undergoing a Retracement | 👀🚀 What's Next? 💎 Paradisers, focus your attention on #LEVERUSDT, as it’s making significant moves in the market. The asset is showing considerable potential for an upward trend from its current demand zone.
💎 Delving into the recent trends of #LeverFi, there's a noticeable downward pattern. Having met resistance at $0.0027 and then retracing, LEVER is now setting up for a potential bullish rise from the demand zone at $0.00119. If LEVER can sustain its level above this zone, it may target the next major supply level at $0.0030.
💎 However, given the fluctuating nature of the crypto market, #LEVER traders need to be prepared for a range of possibilities. If LEVER faces a challenge in maintaining its momentum at this demand level, it might be wise to prepare for a bullish resurgence from a lower support level at $0.00093.
💎 A drop below this secondary support level would necessitate a reevaluation of trading strategies, potentially signaling difficulties in sustaining a bullish market trend.
💎 Stay vigilant and adaptable, Paradisers. Your ParadiseTeam is committed to providing you with the most current insights and strategic approaches, ensuring you are fully equipped to navigate these market shifts effectively.
LEVERUSDT Bullish Outlook with 40% Profit Potential🔅LEVERUSDT has established a critical support near $0.0013, exhibiting consistent respect for this zone since October 23. This specific price range now functions as a pivotal demand area, presenting a compelling risk/reward scenario for potential buyers.
🔅Our trade setup has already been shared in our channel, highlighting our intent to leverage this opportunity. Maintaining respect for this current support level significantly heightens the likelihood of a substantial uptrend.
🔅Anticipations are aligned towards LEVERUSDT surging towards the $0.0018 resistance mark, aligning with the 227.2% Fibonacci resistance level. Achieving this target could yield a substantial 40% profit, marking it as an attractive opportunity for traders. In essence, this analysis presents itself as one of the more promising buying prospects in the current market landscape.
LEVER/USDT Break Ascending Triangle. Upward Momentum ???💎 LEVER has unquestionably made its mark in the market. The current scenario sees LEVER successfully breaking out of the ascending triangle pattern. To anticipate a potential false breakout, we can patiently wait for the closing candle to be above the resistance level, particularly at higher time frames like 8 hours, 12 hours, or 1 day.
💎 If LEVER's breakout is confirmed, this signifies an upward momentum, and the probability we may expect a retesting phase before witnessing a substantial upward movement toward our target area.
💎 In the event of a false breakout where LEVER encounters a bearish rejection candle, there's a possibility of retracement back to the demand area. The less favorable scenario unfolds if LEVER fails to rebound from the demand and subsequently breaches the demand area. In such a situation, LEVER is poised to continue its downward trajectory, retracing to the robust demand area.
LEVER/USDT In the Crucial area, Need to Break to continue Upward💎 LEVER has certainly captured our interest. Currently, LEVER is at a pivotal point, poised to potentially break the falling wedge pattern to pave the way for an upward trajectory. A prudent strategy would be to await LEVER's pattern breakout to mitigate the risk of a false breakout.
💎 If LEVER successfully breaches this pattern, it's likely to test the supply zone. This zone is equally vital as breaking it would solidify LEVER's bullish momentum, potentially propelling it towards the Bearish OB area. However, if it faces rejection at this supply zone, we might see a price decline.
💎 Conversely, if LEVER struggles to break the pattern and loses its grip on the Daily OB zone, there's a heightened chance it could descend further to a more robust support region.
LEVER can stop around hereThe lever has grown more than 270% so far, and it has grown very sharply, but now it has reached a critical area. In my opinion, it can have a downward drop from around here.Those who are not risk takers should get trigger or approval to open sell/short trades.
I also specified the invalidation level, closing a daily candle above this level will cause an analytical violation.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You