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Mycryptoparadise

Is #FETUSDT Primed for a Major Breakout?Yello, Paradisers! Are you ready to dive into the latest action on #FETUSDT? Let's break down the crucial moves and key levels you need to watch. 💎Currently, #FET is hovering around the support zone at $1.488, showing signs of a potential upward swing. If it can maintain this momentum, we might see a successful retest of this support level, leading to a break of the descending resistance. This could open the door for a challenge against even stronger resistance zones ahead. 💎The price has successfully completed a retest phase and is now gearing up to surpass the descending resistance. Patience is key here; wait for a clear breakout above the descending resistance level before planning any trades to ensure you’re not caught in a false move. 💎As experienced #FET traders know, navigating the cryptocurrency market is like playing a strategic game. While the current bullish momentum looks promising, it’s crucial to have a Plan B. If #FET fails to maintain its momentum and starts to decline, look for a rally from the lower demand level at $1.368. 💎If #FET drops below this secondary demand level, it’s a signal to reassess your strategy. Be prepared to adjust your bullish outlook and modify your trading tactics to align with the evolving market conditions. Stay sharp, stay focused, and as always, trade smart, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Is DASHUSDT Poised for a Major Bullish Breakout?Yello, Paradisers! Have you noticed the exciting opportunity brewing with DASHUSDT?Let's dive in and see why this could be a game-changer! 💎We've witnessed #DASH breaking above a descending resistance, signaling a high probability of a bullish move. After overcoming this descending resistance, DASH is now approaching a key internal resistance $24.48. If DASH manages to break above this level and sustain its momentum, there's a great probability it will continue its bullish ride and mitigate above a strong supply zone. 💎Currently, market sentiment is bullish. Why? Because DASH has failed to make a new lower low and has instead sustained its momentum at support levels. But what if DASH faces a strong rejection at the internal resistance of $24.48 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the support level of $23.40. 💎During this phase, many inexperienced traders might rush to open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Is MATICUSDT Primed for a Bullish Reversal? Key Support LevelsYello, Paradisers! #MATICUSDT is making an interesting move, raising the probability of a bullish reversal from a key support level. 💎#Polygon is showing a high probability of bullish continuation from a strong support zone. We've seen #MATIC consistently respect the descending resistance, recently break upward, and complete a retest phase. Currently, it’s respecting internal resistance and approaching support at $0.5399, raising the probability of holding momentum at this key level and planning a bullish reversal. 💎If #MATIC can successfully sustain momentum, there is a high probability it will break above the resistance at $0.5700 and make a robust bullish move, targeting levels above this resistance zone. The price has already tapped this support level and made a significant upward move. We're expecting a repetition of the same reaction at this support level. 💎However, as sagacious traders, we must consider all probabilities. What if the price fails to take an upward ride from the support at $0.5399 and loses momentum? This would clearly indicate that seller sentiment is in control, and #MATIC could drop significantly. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
MLong
by MyCryptoParadise
6
Potential Big Moves for ARBUSDT: Bullish Continuation Ahead?Yello, Paradisers! Are you ready for some potential big moves with #ARBUSDT? Let’s dive into the analysis to see what’s brewing! 💎#ARBITRUM is showing signs of a probable bullish continuation from a support zone at $0.7215. We have observed #ARB following a descending channel for a long time. Recently, after breaking above descending resistance, it’s restoring momentum at the key support. 💎If the price successfully manages to hold momentum at this support level of $0.7215, there is a great probability of a bullish ride, similar to previous behavior at this level. If #ARB manages to break above the probable resistance at $0.8516, it will likely target the next resistance zone and beyond. However, if the price fails to hold momentum at the key support, we’re expecting a probable bullish rebound from the lower demand zone around $0.6306. 💎It's vital to maintain vigilance and closely observe #ARB price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge the bullish scenario and could result in further declines. Stay focused, patient, and disciplined, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Is OMUSDT Primed for a Bullish Reversal? What nextYello, Paradisers! Is #OMUSDT on the verge of a massive bullish reversal? 💎#OM is showing a high probability of bullish continuation from a strong support zone. We've seen #OM consistently respect the descending resistance, recently breaking upward and completing a retest phase. Currently, it’s approaching support at $0.7422, raising the probability of holding momentum at this key level and planning a bullish reversal. 💎If #OMUSD can successfully sustain momentum, there is a high probability it will break above the resistance at $0.9011 and make a robust bullish move, targeting levels above this resistance zone. The price has already tapped this support level and made a significant upward move. We're expecting a repetition of the same reaction at this support level. 💎However, as sagacious traders, we must consider all probabilities. What if the price fails to take an upward ride from the support at $0.7422 and loses momentum? In such a scenario, we are looking for a bullish rebound from the lower support at $0.6953. Breaking this support would clearly indicate that seller sentiment is in control, and #OM could drop significantly Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
LUNA2USDT Poised for Massive Breakout: Are You Ready?Yello, Paradisers! Have you been keeping an eye on #LUNA2USDT? If not, now is the time to pay attention to #LUNA2 because it's reaching a crucial moment. 💎#LUNA2USDT is currently trading within a descending channel, and we anticipate a significant bullish breakout from this pattern. Right now, #LUNA2 is approaching descending resistance, but the increasing volume and the support of the 50 EMA are strengthening the bullish outlook. 💎After a continuous month-long decline, $LUNA2 has reached an all-time low. This sets the stage for breaching the upper trend line of the channel. 💎If #LUNA2 fails to break the upper trendline, we might see a retest of the bullish order block at $0.338, a level that has historically provided strong support and bullish momentum. 💎Should $0.338 fail to hold, the next support level to watch is at $0.287. If this level also fails, we could see a continued downward trend for LUNA2. Discipline, patience, robust strategies, and trading tactics are the only ways you can make it long-term in this market. Stay focused, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
Major Bullish Breakout on the Horizon for JOEUSDT: Don't Miss!!Yello, Paradisers! Have you been watching #JOEUSDT lately? If not, you might want to pay close attention now. 💎#JOEUSDT is currently compressed between the falling wedge trendlines, setting the stage for a potentially massive bullish breakout. Right now, #JOE is facing descending resistance, but the increasing volume and the support of the 50 EMA are bolstering a bullish outlook. After a continuous month-long decline, J$OE has reached a critical liquidity zone. This is a prime setup for breaching the upper trend line of the wedge. If #JOE fails to break the upper trendline, we might see a retest of the bullish order block at $0.276, which has historically provided strong support and bullish momentum. Should $0.276 fail to hold, the next support level to watch is at $0.252. If this level also fails, we could see a continued downward trend for #Joe. Discipline, patience, robust strategies, and trading tactics are the only ways you can make it long-term in this market. Stay focused, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Is NEARUSDT About to Skyrocket? Critical Levels You Can't Miss!Yello, Paradisers! Have you been keeping an eye on #NEARUSDT lately? If not, now's the time to pay attention. 💎#NEARUSDT is currently trading within a demand zone, raising the high probability of a bullish move. The token has been following a descending resistance trajectory for a while. Now, it's showing strong momentum within this demand zone. If #NEARPROTOCOL continues to sustain this momentum, it may target the key resistance level at $5.624. 💎If #NEARUSD reaches $5.624, we could see a potential rejection at this resistance level. In this scenario, we'll wait for the price to retest the descending resistance. A successful retest would confirm a strong bullish move. Sustained upward momentum could lead to a breakthrough above $5.624, marking a significant bullish shift. 💎However, what if AMEX:NEAR loses momentum and drops below the previous low? This would invalidate the bullish outlook, potentially leading to a significant price drop. Stick to your strategy and keep mastering your willpower. Be the 20% that outperforms the rest! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
XTZUSDT Analysis: Is a Big Move on the Horizon?Yello Paradisers! Ready for another deep dive into the #XTZUSDT action? Let's uncover what's brewing and how you can navigate the market like a pro. 💎Currently, SEED_DONKEYDAN_MARKET_CAP:XTZ is sitting pretty within a crucial support zone at $0.740. This position hints at a potential upward swing, provided it maintains its current momentum. A breakthrough from this level could see it breach a major supply zone. 💎Reflecting on recent performance, SEED_DONKEYDAN_MARKET_CAP:XTZ has shown resilience. After hitting lower lows, it has managed to restore momentum and rebound to previous support levels. Now, it's crucial for SEED_DONKEYDAN_MARKET_CAP:XTZ to surpass the descending resistance and hold a strong position at the support. 💎This scenario significantly increases the probability of an upward move. The recent completion of the retest phase, coupled with a firm hold on multiple EMAs, suggests that SEED_DONKEYDAN_MARKET_CAP:XTZ is gearing up to surpass the descending resistance. 💎So, what's the game plan? Exercise patience and wait for a proper breakout above the resistance level before making any trade moves. As seasoned SEED_DONKEYDAN_MARKET_CAP:XTZ traders know, cryptocurrency markets are like strategic games. While the current bullish momentum is promising, it's wise to have a contingency plan (Plan B). 💎If SEED_DONKEYDAN_MARKET_CAP:XTZ fails to capitalize on this momentum and starts to decline, look for a rally from a lower demand level around $0.669. A breakdown below this point would invalidate the bullish outlook, leading to a significant price drop. Trade smart, Paradisers! Stay disciplined, patient, and focused. This is the only way you can make it far in your crypto trading journey. Be a PRO MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
Breaking Alert: Is RNDRUSDT About to Skyrocket or Plunge?Yello Paradisers! Is #RNDRUSDT on the verge of a major breakout or a sharp decline? Let's dive in to find out why this could be a game-changer for your trading strategy. 💎#Render is currently compressed between the falling wedge's trend lines. We are expecting a bullish breakout soon due to increasing volume and improving macro market sentiment. 💎If #RNDR is rejected by the upper trend line of the falling wedge, we might see a retest of the bullish order block (OB) at $5.81. This area has provided strong support for RNDR multiple times, as it is packed with liquidity. 💎Should CRYPTOCAP:RNDR fail to rebound from $5.81, the next level to watch is the lower support at $5.42. The probability of a rebound from this level is significantly higher. 💎If #RNDR continues to fall, the bears will take control, potentially leading to a bearish continuation. Stay focused, patient, and disciplined, Paradisers. Trade smart and avoid the herd mentality. MyCryptoParadise iFeel the success🌴
RLong
by MyCryptoParadise_Simon
3
SOLUSDT Key Resistance Breached – What’s Next? Yello, Paradisers! Did you catch our recent prediction about #SOLUSDT breaking above its resistance? Well, it just happened! Let's dive into what this means for your trading strategy. 💎#SOLANA has successfully broken above the resistance zone at $140.78 and faced rejection from the internal supply at $151.18. Currently, the price is in a retesting phase. If #SOL holds this support level at $140.78 and maintains its momentum, there's a high probability of a bullish ride towards the next resistance zone. Interestingly, the price is sustaining a strong position above multiple EMAs, further strengthening the bullish scenario. 💎Should #SOL break above $151.18, the next target is the subsequent resistance zone. Conversely, if the price fails to sustain momentum at the current support, we expect a potential bullish rebound from the lower demand zone around $134.77. 💎Staying vigilant is crucial. Keep a close eye on #SOL price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge our bullish outlook and could lead to further declines. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
Is #DASHUSDT About to Skyrocket? Here’s What You Need to Know!Yello, Paradisers! Have you noticed the exciting opportunity brewing with #DASHUSDT? Let's dive in and see why this could be a game-changer! 💎We've witnessed #DASH breaking above a descending resistance, signaling a high probability of a bullish move. After overcoming this resistance, #DASH is now sustaining momentum at a probable support level of $25.13. If #DASH manages to break above this level and sustain its momentum, there's a great probability it will continue its bullish ride and aim for the internal resistance zone at $31.40. 💎The current market sentiment is bullish. Why? Because DASH has failed to make a new lower low and has instead sustained its momentum at support levels. But what if NASDAQ:DASH faces a strong rejection at the internal resistance of $31.40 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the demand level of $22.69. 💎During this phase, many inexperienced traders might rush to open short positions and get trapped. If the price breaks below the demand level at $22.69 and it turns into supply, it's time to plan short positions as the market could drop significantly. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey.Be a PRO. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
XRPUSDT Is XRP on the Brink of a Major Move?Yello, Paradisers! Are you ready to uncover the potential of #XRPUSDT's recent breakout? Let's dive in and see if this is the moment we've been waiting for. 💎#XRP has successfully broken out of its descending resistance with a strong green candle, signaling a potential bullish momentum to continue its upward move. This breakout is further confirmed by the RSI, which has also broken its resistance trendline. 💎However, the price hasn't retested yet, which means there's a probability that XRP will retest the support line at 0.4645 before continuing its upward movement towards the key resistance level at 0.567. A break above this level is required to maintain the upward momentum and reach our target area. 💎But what if XRP fails to break this resistance and faces a hard rejection? In that case, there's potential for the price to return to the support and move sideways within the support-resistance range. If XRP also breaks below the support line, it could be a bad sign, as the price might revisit the strong demand area at 0.411. 💎It's crucial for XRP to bounce when revisiting this strong demand area because it's an important level. If XRP fails to bounce and breaks the strong support at 0.411, the bullish invalidation will be confirmed, and the price will likely dip further downward. If you want to be consistently profitable, you need to be extremely patient and always wait for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
2
BBUSDT Breakout Alert! Critical Resistance Test AheadYello, Paradisers! Could #BBUSDT be poised for a significant move? Let's break down the key levels and potential scenarios. 💎#BounceBit has successfully broken out of a descending channel pattern, indicating a high probability of continued upward movement. After retesting the support trendline, the price now seems likely to rise toward the resistance level around $0.4808. 💎Historically, #BB has faced rejection twice at this zone, making a breakout crucial for confirming a shift back to bullish momentum. Should this breakout occur, the price could advance significantly, reaching our target at the strong resistance area. 💎However, if BB fails to break through the resistance and retraces to the demand area around $0.39, it will need to build new momentum for another attempt. Holding this demand zone is essential. A failure to do so could see the price revisiting the strong support area between $0.33 and $0.31. 💎A bounce from this strong support area is critical. If BB fails to hold and breaks below $0.31, it would invalidate the bullish scenario, increasing the probability of a further downward move. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
10
GALUSDT On the Edge of Another Explosive Bull Rally? Yello, Paradisers! Are we on the verge of a major move for #GALUSDT? Let's dive into the key levels and potential scenarios to watch out for. 💎#Galxe has been trading within a well-defined descending channel on the daily timeframe, with the price consistently respecting the trendlines. The POC of VRVP is acting as a significant support for #GAL, providing a solid foundation for potential upward movement. 💎 AMEX:GAL is poised to challenge the descending resistance of the channel. A potential breakout and retest of the Bullish Order Block (OB) around $1.980 could be on the horizon. This area is packed with liquidity and could propel GAL towards a breakout. 💎If #GAL can break above the descending resistance, supported by the liquidity at $1.980, we could see a strong bullish move toward the major resistance zone around $4.000. 💎Should the current resistance hold, we might see a retest of the key support level at $1.680. This retest could provide the necessary rally for a breakout. If the key support at $1.680 fails to hold, #GALUSDT could face increased bearish pressure. Remember, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
GLong
by MyCryptoParadise_Simon
SUIUSDT Critical Levels to Watch as Price Tests Supply!Yello, Paradisers! Are we on the verge of a major move for #SUIUSDT? Let's dive into the key levels and potential scenarios to watch out for. 💎The price recently bounced off a strong demand area, closing with a green daily candle, signaling a possible reversal. Currently, #SUI is testing the supply area around $0.76 but is facing rejection. This suggests that the price may revisit the support level at $0.697 to build momentum for another attempt to break through the supply area. 💎If a successful breakout of the supply area occurs, this could create a strong bullish momentum, pushing the price towards the next resistance zone between $0.89 and $0.92. A decisive break above this resistance could solidify the bullish trend and align with our target area. 💎However, if SUI fails to hold at the support level and breaks down, the price is likely to revisit the strong demand zone between $0.61 and $0.559. This area is crucial for maintaining bullish prospects. 💎A bounce from this demand zone is essential; failure to do so and a subsequent break below this level would invalidate the bullish outlook, increasing the probability of a further downward move. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
STPTUSDT is Ready for the Next Big Move? Get Ready for BreakoutYello Paradisers! Are you ready for the next big move in #STPT? Let's break down these statements and analyze what's happening: 💎#STPT is currently trading within a descending channel, which typically signals a bearish trend. This pattern showcases a series of lower highs and lower lows. However, there’s a potential breakout and retest zone just above the descending resistance. A successful breakout and retest could lead to a strong upward move. 💎#STPTUSDT has been consistently rejected by the channel as indicated by the red arrows. A break above this line could signal a potential trend reversal. 50EMA is also reinforcing this bullish outlook. 💎There's a highlighted support zone around $0.03737, this level has been tested and respected multiple times by the GETTEX:STP , making it a crucial support area to watch. It’s also where we find a bullish order block, suggesting that buyers are likely to step in at this level. 💎Within the support zone, this order block indicates strong buying interest, providing further support for a potential bullish move. The bullish outlook will be invalidated if the $STPT falls below the major support zone at $0.03565. This level is key for maintaining the current structure. Stay focused, patient, and disciplined, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
Is GALUSDT About to Break Out or Fall Back?Yello, Paradisers! Are you ready for the next big move in #GALUSDT? Let’s dive in! 💎The price has rebounded from a strong support area, marked by a solid green candle with significant volume. Currently, the price is testing the resistance level at 2.39 but has faced rejection. For a bullish momentum to continue, #GAL must break through this resistance. If successful, the price is likely to move upward towards our target resistance area. 💎However, if GAL fails to break the resistance, the price may revisit the support zone between 1.85 and 1.62. This area is crucial, and GAL needs to bounce back from here to maintain its upward trajectory. 💎Should GAL break the strong support at 1.62, it would signal a bearish momentum, invalidating the bullish outlook. In this scenario, the price could continue its downward movement, potentially dipping further. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
GLong
by MyCryptoParadise_Nathan
2
DOTUSDT Poised for Major Bullish Breakout or Risk of Decline!Yello, Paradisers! Have you been tracking #DOTUSDT lately? It's showing some strong signals that could lead to a major bullish continuation from support. Let's dive into the details! 💎After a careful analysis of #DOT price action, we've observed a promising pattern. For a long time, CRYPTOCAP:DOT has been adhering to a descending trendline. Recently, it has successfully retested this descending resistance, assessing key resistance at $6.576, indicating a potential bullish move. If #POLKADOT breaks above the $6.576 resistance and sustains its momentum, we could see a significant bullish continuation. 💎However, due to previous strong bearish pressure, there's an imbalance in the price. It's likely that the price might revisit this level to fill the imbalance. If CRYPTOCAP:DOT fails to initiate an upward movement from the retest level, we should look for a bullish rebound from the lower support at $5.403. On the flip side, if the price breaks below the $5.403 support, this could invalidate the bullish setup and lead to further declines. Stay sharp and trade smart, Paradisers! Stay disciplined and focused on your trading strategy. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
Could STXUSDT Be on the Verge of a Major Rebound? Yello, Paradisers! Is #STXUSDT about to make a dramatic move? Let’s dive into the analysis to see what’s happening. 💎Currently, #STX is lying on a strong support zone. The probability of a rebound from here is high if the daily candle closes with a bullish rejection. Should this occur, the price is likely to reverse upward, testing the supply zone around 1.8 and the descending resistance area. 💎If STX successfully breaks out of the descending resistance, it could indicate a strong momentum shift. This breakout might also lead to a breach of the supply zone. A successful break above the supply zone would confirm a bullish reversal, with a high probability of the price reaching our target at the strong resistance area. 💎However, if STX fails to break the descending resistance or fails to rebound from the support, we could see a move towards the order block (OB) area. The OB area is crucial as it likely contains large orders that could lead to a significant rebound. For the price to continue its upward movement, reclaiming the support zone is necessary. 💎Conversely, if STX breaks below the OB area and the daily candle closes beneath it, this would confirm a bullish invalidation, signaling a continuation of the bearish trend and a potential further dip. Stay vigilant, traders, and remember that discipline and patience are key to navigating these market moves successfully. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
PEPEUSDT Turns Bearish | More Downward Move Ahead for #PEPE?Yello, Paradisers! Have you been keeping an eye on CRYPTOCAP:PEPE (#PEPE)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details. 💎#PEPE is currently trading within a descending channel, which is a bearish continuation pattern. This pattern is characterized by lower highs and lower lows, indicating sustained downward pressure. The price has been respecting the descending resistance line, repeatedly getting rejected at this level. 💎50EMA and macro market sentiment are also reinforcing our bearish bias for #PEPE. The major support zone is highlighted at $0.00000730. If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.00000662. 💎The immediate resistance zone to watch is at $0.00001225. For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend. 💎There's a bullish order block around $0.00000730, which could act as a strong support level, providing a potential bounce back if tested. Stay focused, patient, and disciplined paradisers MyCryptoParadisers iFeel the success🌴
Short
by MyCryptoParadise_Simon
TONUSDT Ready For More Downward Move | Bearish Vibes All OverYello, Paradisers! Have you been keeping an eye on Toncoin (#TON)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details. 💎#TONUSDT has been trading within a rising wedge formation on the 1D timeframe. This pattern typically signals a potential bearish reversal. Currently, #Toncoin is testing the rising wedge's lower support level, and there is a possibility that it might drop further if this support breaks. 💎The ascending resistance and the rising support form a rising wedge pattern. This pattern is generally bearish which indicates that the current uptrend might be coming to an end. 💎The strong resistance zone is marked at $8.310. If #TON fails to break above this level, the bears might take control, leading to a downward move. If this happens, the immediate support level to watch is $6.255. 💎If CRYPTOCAP:TON breaks below this level also, the next significant support lies in the major support zone between $4.607 and $4.381. This area is critical as it can provide a good chance of a pullback if tested. 💎In a scenario where the current ascending support of the rising wedge doesn't break and TON breaks above the resistance zone marked then Bulls will take over Stay focused, patient, and disciplined Paradisers MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
UNIUSDT Losing Momentum for a Further Downward Move? Yello, Paradisers! Let’s dive into the latest analysis of #Uniswap (#UNI) and see what might be next for #UNIUSDT. 💎#UNIUSDT has been trading within a falling wedge formation on the 12H timeframe. This pattern is generally considered bullish, but current market conditions suggest caution. Currently, #Uniswap is retesting the falling wedge's lower support level, and there is a possibility that it might drop further. 💎The failed breakout from the falling wedge reinforces a bearish bias. If BME:UNI fails to break above the resistance level, the downward trend could continue. 💎The diminishing trading volume and the Point of Control (POC) of the Volume Range Volume Profile (VRVP) acting as resistance increase the likelihood of a further drop. If #UNI fails to hold the support at the falling wedge's lower boundary, it is likely to retest the major support zone around $7.00. 💎The key support zone, which has been tested and respected multiple times, lies between $6.40 and $7.00. If UNI fails to hold at these levels, the next major support to watch is at $5.886. This area is critical as it is packed with liquidity and can create a good chance of a pullback if tested. 💎The bearish invalidation level is marked above the resistance at $9.459. A break and close above this level could invalidate the bearish scenario and potentially lead to a bullish rally. Stay focused, patient, and disciplined Paradisers MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Simon
2