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Mycryptoparadise

Is #LDOUSDT Ready to Soar? Critical Support Levels in Play!Yello, Paradisers! Are you ready for some potential big moves with #LDOUSDT? Let's dive into the analysis to see what’s brewing! 💎#LDOUSDT is showing signs of a probable bullish continuation from a strong support zone.We have seen #LDO following a descending channel for a long time. Recently, after tapping the descending support, it’s restoring momentum at the key support level of $1.835 within the channel's trajectory.If the price successfully manages to hold momentum at this support, there is a great probability of a bullish ride, similar to previous behavior at this level. 💎If #LDO manages to break above the supply zone of $2.457, it will likely target the next resistance zone. 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 $1.675. 💎 It's vital to maintain vigilance and closely observe #LDO price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge the bullish scenario and could result in further declines. 💎If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. Stay focused, patient, and disciplined, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
SYNUSDT Is a Major Move Imminent? Read On to Avoid Missing Out!Yello, Paradisers! Do you want to know if #SYNUSDT is about to skyrocket or plummet? Let’s dive into the latest analysis! 💎#SYN is currently testing a crucial demand area after successfully reclaiming the price above it. This is a promising sign, suggesting that the price might continue upward. If SYN can break above the CHoCH area at 0.815, we could see a trend reversal from bearish to bullish, probability hitting our strong resistance target. 💎However, if SYN fails to rebound and breaks down below the demand area at 0.582, it could be a bad sign. The price probability continue its downward trajectory towards the strong support zone around 0.51 - 0.48. 💎If SYN hits the strong support area and rebounds hard, the price may reverse upwards. For this upward movement to continue, SYN must reclaim the previous demand level of 0.582. Failure to do so could send SYN back to the strong support area, signaling potential trouble. 💎If the daily candle closes below the OB area, it invalidates the bullish outlook. This would increase the probability of SYN continuing its bearish movement and dipping further. Consistent profitability comes from following robust strategies and avoiding emotional decisions. Keep your eyes on these key levels, and trade smart! MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
Will CAKEUSDT Make a Big Move? A Key Event Can Push Cake PriceYello, Paradisers! Do you see the potential for a massive breakout in #CAKEUSDT? We have some exciting information that could be vital for the #CAKE movement in the next few days 💎#CAKEUSDT has consistently followed a symmetrical triangle pattern, and right now, we're seeing a bullish double bottom pattern forming at the crucial support zone around $2.29. If the price maintains its momentum, there's a strong possibility of a bullish surge toward the supply area. 💎#PancakeSwap ( NASDAQ:CAKE ) has an upcoming event from June 19 to June 20, 2024. This event could drive demand for #CAKE and associated tokens, potentially causing significant price movement. 💎If #PancakeSwap sustains its momentum, we could see a bullish breakout from the support at $2.29. If the price fails to hold momentum and breaks below the ascending support, we anticipate a bullish rebound from the lower support level at $1.91. 💎However, if NASDAQ:CAKE break below the strong support at $1.91, it would invalidate the bullish outlook, leading to a significant price drop. Stay focused, patient, and disciplined, Paradisers. Make sure to keep an eye on these key levels and trade smartly.
Long
by MyCryptoParadise
3
CKBUSDT Crucial Support Test Ahead!Yello, Paradisers! Ready to see where #CKBUSDT is heading? Let’s dive into this critical analysis to stay ahead of the game. 💎 #CKB is currently resting on a key support area. For a confirmed rebound and upward movement, we need to see a bullish candle rejection here. Historically, this support has been strong, sustaining CKB multiple times and preventing further decline. Therefore, there's a high probability that the price will rebound and move back towards our target area. 💎 However, if CKB fails to rebound from the support and breaks down below $0.0135 with a daily close, this would be a bad sign. The price would likely continue downward to the Bullish Order Block (OB) area, where large orders are placed around $0.01. 💎 If CKB reaches the OB area, there's a high probability of a strong rebound and reversal to the upside. However, for the upward movement to continue, the price must reclaim the previous support at $0.0135. If this scenario fails, CKB could fall back to the OB area, which would be a concerning sign. 💎 Bullish invalidation will be confirmed if the daily close candle for CKB is below the OB area. If this happens, the probability of continued bearish movement increases, and the price may dip 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🌴
Long
by MyCryptoParadise_Nathan
3
NOT/USDT Poised for a Major Move after Breakout of Falling WedgeYello, Paradisers! Are you ready to catch the next big move with #NOTUSDT? 🚀 This is a critical moment and you don't want to miss these key details. 💎#NOT has broken out from a falling wedge pattern, a classic bullish indicator, and now retesting this breakout in 4HR. After a successful retest, we could see a significant rally. If the momentum holds at the current support level of $0.0151, there's a strong possibility of reaching the next resistance level. 💎However, if #NotCoin fails to maintain momentum and breaks below the $0.0151 support, this could signal a continued downward trend. The next key demand zone to watch is at $0.0132. This level has previously shown strong liquidity and triggered upward movements multiple times. 💎In contrast, if GETTEX:NOT hits this demand zone again, it's crucial to watch for a rebound. Failing to secure a bounce here could increase bearish momentum, worsen market sentiment, and potentially lead to further price declines. Stay sharp, Paradisers! This could be a major turning point. Keep an eye on these critical levels and trade smart.
Long
by MyCryptoParadise
GALUSDT Critical Levels You Can't Ignore! Yello! Are you prepared for what's coming next for #GALUSDT? Let's dive into the latest analysis to see where this is heading and how you can stay ahead. 💎 GALUSDT needs to reclaim the price above the resistance at $3.10 to reverse back to an upward movement. Currently, GAL is in a retesting phase at the resistance, which suggests a continuation of the downward movement towards the support zone between $2.70 and $2.48. 💎 If the price fails to break through the resistance, it is likely that this support zone will be revisited. The last time GAL visited this area, it saw a strong bullish rejection, indicating significant buying pressure in the support zone. 💎 If GAL successfully rebounds from the support zone, a probability reversal back to the upside is on the horizon. However, this requires a critical confirmation: breaking the resistance area at $3.10. This break would ease the path through the descending resistance and lead to our target at a stronger resistance area. 💎 Conversely, if GAL fails to bounce at the support zone and breaks down further, this could probability confirm bearish momentum and invalidate bullish scenarios. In such a case, the price might dip even 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🌴
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by MyCryptoParadise
NEAR Protocol's Critical Moment and Ready for Bullish RallyYello! Have you been watching #NEARProtocol’s recent price action? This could be a pivotal moment and you don’t want to miss this! 💎#NEARUSDT has been moving within a descending resistance for quite some time. But recently, it broke through, making a notable upward move. Now, all eyes are on a critical retest of the $5.88 level. 💎#NEAR is currently retesting this key level. If it holds strong above the EMA, there's a high probability we'll see a bullish surge. 💎Should AMEX:NEAR maintain its position above $5.88, this level could transform into robust support, setting the stage for further upward momentum. 💎But what if it doesn't hold? If #NEAR fails to sustain above $5.88 and loses momentum, we’re eyeing a bullish rebound from the lower demand zone at $5.19. This level is packed with significant liquidity, making it a prime candidate for a strong bounce on a retest. 💎Holding above $5.19 and maintaining above the EMA is crucial. This scenario can trigger a powerful bullish move. If NEAR drops below $5.19, the bullish outlook is invalidated, likely leading to a significant price drop. Stay sharp, Paradisers. In these volatile times, disciplined trading and robust strategies are more important than ever. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
ORDI/USDT Critical Retest Is a Bullish Surge on the Horizon?Yello Paradisers! Are you ready for the next big move? ORDIUSDT has caught our attention with an intriguing development. After successfully breaking above a critical resistance level, it is now in the retest phase. 💎 SEED_DONKEYDAN_MARKET_CAP:ORDI has been following a descending resistance for a long time. Recently, it broke above this resistance, making a notable upward move. 💎The price is now retesting the key level at $52.62. If it maintains momentum and holds a strong position above the EMA, there's a high probability of a bullish move. 💎If #ORDIUSDT sustains above this leve $52.62, it could become a strong support, paving the way for further bullish action. 💎If the price fails to sustain above the resistance and loses momentum, we expect a bullish rebound from the lower demand zone at $44.62. This level has significant liquidity, which could fuel a probable bullish move upon a retest. 💎Sustaining above $52.62 and holding above the EMA can lead to a strong bullish move. 💎Failing to hold above $52.62 and dropping below the demand zone at $44.62 would invalidate the bullish outlook, leading to a significant price drop. Stay focused, patient, and disciplined, Paradisers. The next few moves in ORDIUSDT will be crucial. Let's trade smart and stay ahead! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
PEOPLE/USDT Ready to Breach the Channel Downward | Key MomentYello, Paradisers! Have you been keeping an eye on #PEOPLEUSDT? If not, you might want to pay attention now. Let's analyze the PEOPLE Movement: 💎#PEOPLEUSDT has been navigating an ascending channel and is now retesting the channel's lower support. The volume is diminishing, and the broader market sentiment supports the likelihood of a correction. Here's what you need to know: 💎Support Test at $0.111: The asset is at a crucial support level of $0.111. The reaction here will be pivotal. If #PEOPLE breaks this support, it could head towards a lower demand level as highlighted in our chart. 💎Potential Breakdown: There's a high probability that SEED_DONKEYDAN_MARKET_CAP:PEOPLE will break through this support, propelled by diminishing volume and macro market trends. This move would confirm a downward trend within the ascending channel. Alternative Scenarios: 💎If PEOPLE manages to stay above $0.111, it might retest the ascending channel's upper resistance. This resistance test could either push the price downward again or lead to a continuation of the upward trend if breached. 💎If PEOPLE keeps rising and breaks the ascending resistance, it would invalidate the current correction outlook and signal a potential bullish phase. Stay vigilant, Paradisers! This is a crucial moment for PEOPLEUSDT. Your trading decisions at this point could significantly impact your profitability. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
5
INJ/USDT assessing key supply area? Bullish breakout ahaedYello Paradisers! Are you ready for an exciting opportunity with #INJUSDT? Let's dive into our analysis of this promising move. 💎We're seeing #INJUSDT assessing a key supply area, raising the high probability of a bullish breakout. #INJECTIVE has been following a descending resistance trajectory for a long time. Recently, after breaking above the descending trendline, the price is now testing the key supply area at $30.38. Interestingly, the price has respected this level twice, and this time we observe a weak rejection, followed by a restoration of momentum toward the upside. Here are two possible scenarios: 💎Bullish Breakout:If #INJ successfully breaks above the key supply area and sustains momentum over the EMA 200, there's a great probability the price can rise to higher resistance levels. 💎Bullish Rebound: If the price fails to break above the supply area and hold momentum, we expect a bullish rebound from the lower demand zone. Thanks to the juicy liquidity at this level, the price could plan a probable bullish move once it taps this level. However, breaking below the demand zone would cause bullish invalidation, leading to a significant price drop. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay focused, patient, and disciplined, Paradisers. This is the only way you will make it far in your crypto trading journey. Be a PRO. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
FTMUSDT Poised for a Rebound or a Breakdown? Key Levels to WatchYello! Do you feel the tension building up in the FTMUSDT market? Let’s dive into the current setup and see what might unfold next. 💎 FTM is currently moving within a descending channel pattern, eyeing a potential move towards the Bullish Order Block (OB) area. If the price action forms a bullish candle rejection here, it could signal a rebound. We might then see a test of the resistance level at $0.771. This level is crucial; a successful breakout above it could trigger bullish momentum, possibly leading to a significant upward movement. Key Levels to Watch: - Resistance Area: $0.771: A breakout here could pave the way for further gains. - Bullish OB Area: $0.64: Watch for bullish candle rejections as a sign of potential rebound. - Demand Area: $0.55 - $0.482: Historically, this zone has shown strong buyer pressure. A return to this zone could see similar buying interest. 💎 However, if FTM fails to show strength in the Bullish OB area around $0.64, it might signal further declines. The price could then head towards the Demand area between $0.55 and $0.482. 💎 This zone has previously exhibited strong buying interest, often marked by candle wicks indicating buyer pressure. Should FTM return to this zone, a rebound is possible, pushing the price back towards our target areas. Potential Scenarios: - Bullish Scenario: A strong rebound from the Bullish OB area leading to a test and potential breakout of the $0.771 resistance. - Bearish Scenario: A failure to show positive signs at the $0.64 level, leading to a move towards the Demand area. If the price fails to rebound here and instead goes sideways with low volume, it could break this area, invalidating the bullish outlook and leading to further declines. Stay alert, Paradisers. The next moves in FTMUSDT could present both opportunities and risks. 🎖If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. Trade smart and stay disciplined!
FLong
by MyCryptoParadise_Nathan
1
BLZ/USDT Will BLZ Conquer the $0.296 Barrier? Watch Now!💎 Paradisers, BLZ is currently challenging a crucial supply area, previously a strong demand zone, which could set the stage for bullish momentum. 💎 A successful breakout above the $0.296 mark could pave the way for BLZ to overcome the descending resistance line, potentially leading to significant upward movement toward our target resistance area. 💎 If BLZ fails to surpass the supply area and faces a firm rejection, it might retreat to the lower demand zone around $0.25. This could be a pivotal point for BLZ to regroup and attempt another push towards the supply area. 💎 The crucial moment comes when BLZ tests the demand area. The price needs to bounce from this point to maintain a bullish outlook and make another attempt to break through the supply barrier. 💎 However, a concerning sign would be if BLZ fails to hold the demand area and breaks below it. A more definitive bearish signal would be if BLZ closes a daily candle below the key support area, indicating potential for further declines. MyCryptoParadise iFeel the success🌴
B
by MyCryptoParadise
POLYX/USDT Has Successfully Broken out of Symmetrical Triangle💎#POLYXUSDT has successfully broken out from a Symmetrical Triangle, positioning it for a potential bullish rally. Currently, with robust momentum at the $0.40 support, there's a high probability for #POLYX to challenge and potentially overcome the resistance level ahead. 💎However, if #Polymesh cannot sustain this momentum and dips below the $0.40 mark, we might see a reversal into a bearish trend. The next critical demand zone at $0.354, renowned for its liquidity and historical upward movements, will be the area to watch. 💎In contrast, if $POLYX revisit this demand zone, it's imperative for the price to achieve a rebound to uphold its support structure. Failure to do so could heighten bearish pressures, worsen market sentiment, and perhaps trigger additional declines in its price. 💎Stay focused and adaptable, Paradisers. Your ParadiseTeam is diligently monitoring the market and ready to guide you through any shifts in the dynamics of #Polymesh. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
ENJ/USDT upward momentum from demand? Enjin Analysis💎 Paradisers, #ENJUSDT is showing signs of a probable bullish continuation from its current demand zone. 💎 A bullish confirmation could occur if #ENJ breaks and closes above the supply zone (SZ) level at $0.3201 on a daily chart, signaling a continuation of upward momentum towards our designated supply area. Upon reaching the supply area at $0.4073, slight resistance may be encountered. 💎 Remain calm but alert; if it manages to break above this level and maintain momentum, a significant bullish movement could unfold. Conversely, if #ENJIN encounters strong rejection at the $0.4073 resistance, marked by a bearish candle, a retracement to lower levels might be on the cards, potentially pulling the price back to the SZ at $0.3201. 💎 As #ENJ nears this crucial demand area, it must rebound and persist in its climb to retest the resistance. Considering its history of recovering from key demand levels, there is a strong possibility that it could repeat this pattern and ascend further. 💎 It's vital to maintain vigilance and closely observe #ENJ's price movements. A breakdown below the demand area, confirmed by a daily closure below it, would challenge the bullish scenario and could result in further declines. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3
HOT/USDT Key Levels to Watch the supply for the Next Rally💎 HOT is currently experiencing resistance at a key supply area, leading to a rejection. 💎 It looks set to retest the demand area at $0.00256 to gather momentum for another attempt to break through the supply. A successful breach of this supply could trigger a bullish momentum, propelling HOT towards a significant upward movement and our target. 💎 If HOT fails to bounce upon reaching the demand area and instead breaks below it, the price could continue its descent toward the support trendline. A bounce from this trendline will be crucial for HOT to attempt another rally towards the supply area. 💎 Should HOT also break down below the support trendline, it would be a concerning sign, as it would only leave one key support area at $0.002080. 💎 Historically, HOT has shown positive movement after touching this area, suggesting a potential rebound above the demand area to keep our bullish scenario alive. 💎 The scenario turns bearish if HOT cannot hold above this key support area, especially if it closes a daily candle below it. In such a case, HOT may establish a lower low, potentially leading to a deeper dip. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2
SUSHI/USDT Ready For a Bullish Reversal From a Key Support💎#SUSHIUSDT is making a pivotal retest at the lower boundary of its ascending channel. We expect a bullish rally from the $1.10 support level towards the channel's upper resistance. 💎However, if #SUSHI fails to sustain momentum from the $1.10 support and breaks below, we could witness a continuation of the bearish trend. The next essential demand zone at $1.02 is on standby, known for its capacity to drive significant bullish reversals due to its strong liquidity. 💎 In contrast, if CRYPTOCAP:SUSHI tests this demand zone once more, it's vital for the asset to confirm a rebound to sustain its support level. Any failure in this regard could amplify bearish forces, negatively impact market sentiment, and potentially precipitate further price declines. 💎Keep your trading strategies flexible and your senses tuned, Paradisers. Your ParadiseTeam is vigilantly tracking these developments and ready to navigate you through the fluctuating dynamics of the #SushiSwap market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
ZIL/USDT Gaining Momentum For an Exponential Bullish Rally💎#ZILUSDT is currently in a key accumulation phase, demonstrating notable resilience. Every time it touched down in the demand zone between $0.0211 and $0.0196, it rebounded strongly. This pattern indicates a robust setup for continued upward movement as it gears up to challenge the upper resistance. 💎If #ZIL breaks through the resistance at $0.027, this could ignite a bullish momentum, potentially propelling the asset towards a significantly higher target in the supply zone around $0.0373. Surpassing this supply zone is crucial for confirming a bullish trend in the mid-term, setting the stage for reaching our ambitious resistance target. 💎Conversely, if #ZIL encounters resistance and the daily candle closes below the pivotal support, it could invalidate the bullish setup, suggesting potential for further declines and deeper price corrections. 💎Stay vigilant and ready to adapt, Paradisers. Your ParadiseTeam is closely monitoring these developments and is poised to guide you through the evolving dynamics of the #Zilliqa market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
HBAR/USDT Will It Bounce at the Crucial $0.0985 Demand Area?💎 HBAR is showing some notable activity, with a potential retest on the horizon at the demand area around $0.0985. 💎 The key question is whether it will bounce up from this level or break through it. Historically, HBAR has often bounced back upon reaching this area, suggesting it might repeat this pattern. 💎 For HBAR to continue its upward journey, it must overcome the resistance at $0.124. Failure to breach this resistance could send the price back down as it gathers momentum for another try. 💎 On the downside, if the demand area fails to support HBAR and it breaks through, we could see it move towards the Bullish Order Block (OB) area to gather significant momentum, similar to previous patterns. HBAR must maintain above the OB area, which is pivotal for its trajectory. 💎 The bullish scenario becomes invalid if HBAR closes a daily candle below the OB area at $0.0878. Such a move could signal further dips in the price. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
SEI/USDT descending resistance breakout ahead? Sei analysis💎 Paradisers, #SEIUSDT is closely monitoring descending resistance while maintaining strong momentum within the demand zone, setting the stage for a potential substantial upward movement. 💎 A bullish confirmation would be indicated if #SEI breaks and closes above the supply level of $0.6761 on a daily chart, suggesting a continuation of upward momentum towards our specified resistance area. Alternatively, if #SEI fails to breach the $0.6761 resistance and encounters a strong rejection, indicated by a bearish candle, a retracement to lower levels may occur. In this scenario, the price might pull back to the demand area at $0.536. 💎 Should #SEI reach the key support at $0.4566, it would need to rebound and resume its climb to test the resistance once again. Given its track record of recovering from crucial demand levels, there's a chance that #SEI could repeat this pattern and advance further. 💎 It's imperative to remain alert and closely monitor #SEI's price movements. A breakdown below the support level, confirmed by a daily closure below it, would challenge the bullish scenario and could precipitate further declines. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
BEL/USDT In the sideways zone, it required break to continue UP!💎 Paradisers, BEL is indeed demonstrating intriguing movements that warrant close attention. 💎 It appears poised to retest support around 0.967 before potentially continuing its upward trajectory towards the resistance zone between 1.09 and 1.15. 💎 A breakout above this resistance would signal a return to bullish momentum, possibly leading to a move towards our target resistance area. 💎 However, if BEL experiences rejection at the resistance zone, similar to previous attempts, it may retreat back to the support level. Sustaining above this support is crucial, as a breach could indicate further downward movement towards the key support area around 0.72. 💎 Observing the chart, BEL seems to be trading within a sideways range between 0.72 and 1.15, highlighting the significance of these levels. Historical data suggests that BEL has successfully bounced back to the upside after hitting the key support area twice before. 💎 However, bullish sentiments would be invalidated if the daily candle of BEL closes below the key support area. In such a scenario, the price could experience further decline. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2
DCR/USDT Ready for a Bullish Rally From a key Support💎#DCRUSDT is primed for action as it approaches the upper boundary of a Descending Channel. From the momentum gained at the support of $19.21, the asset shows a robust setup for breaching the channel constraints. Sustaining this momentum could catapult it out of the descending channel. 💎However, If #Decred cannot hold its ground at $19.21 and dips beneath this level, it might hint at a protracted bearish trend with the next vital demand zone awaiting $17.69. This area is renowned for its dynamic recoveries, fueled by substantial liquidity influxes seen in past interactions. 💎If GETTEX:DCR revisits this demand zone, cementing a robust rebound is essential to uphold its support base. Any lapse in regaining strength could amplify downward pressures, sour market sentiment, and potentially spiral into more severe price retreats. 💎Stay alert and adaptable, Paradisers. Your ParadiseTeam is closely tracking and ready to navigate you through the unfolding dynamics of the #DCR market. MyCryptoParadise iFeel the success
DLong
by MyCryptoParadise_Simon
ACH/USDT Ready to Breakout of a Symmetrical Triangle 💎#ACHUSDT is on the brink of a dynamic shift and moving to challenge the upper edge of a symmetrical triangle. Positioned at the crucial support of $0.0284, the asset is primed for a potential breakout. Holding this momentum could significantly propel it past the channel’s boundary, setting the stage for substantial upward moves. 💎Conversely, if #AlchemyPay cannot sustain this level and slips below $0.0284, it may signal a downtrend extension, eyeing the next vital demand zone at $0.0241. This area is renowned for its liquidity depth, having historically catalyzed notable recoveries. 💎Should FWB:ACH revisit this zone, ensuring a robust rebound is vital for maintaining foundational support. A lack of recovery could intensify bearish trends, deteriorate investor sentiment, and potentially precipitate extended price falls. 💎Keep your strategies flexible and your eyes peeled, Paradisers. Your ParadiseTeam is diligently monitoring and ready to guide you through the evolving dynamics of the #AlchemyPay market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
AXS/USDT assessing key supply area? What next💎 Paradisers, #AXSUSDT is currently displaying movements that merit close observation. It seems the price is testing a supply zone with potential for an upward breakout once it successfully breaches this level. 💎 A bullish confirmation would be signaled if #AXS manages to break and close above the supply level of $8.582 on a daily chart, indicating a continuation of upward momentum towards our targeted resistance area. Conversely, if #AXS fails to surpass the $8.582 resistance and shows a strong rejection, marked by a bearish candle, there might be a potential retracement to lower levels. In such cases, the price could retreat to the demand area at $7.536. 💎 Should #AXS reach this key demand area, it will need to rebound and continue its ascent to challenge the resistance once again. Given its history of bouncing from critical demand levels, there is a possibility that #AXS could replicate this behavior and push upwards. 💎 It’s crucial to stay vigilant and closely monitor #AXS's price action. A breakdown below the demand area, confirmed by a daily close below it, would negate the bullish outlook and potentially lead to extended declines. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3