MUST SEE: The Perfect Setup - How to Make 50 %!Hey Future Demons
I'm back again, and we don't have time to waste, so let's jump right into the TA.
I want to spoil you today with the perfect setup. Everything aligns. It is beautiful. Its almost too good to be true. Let me make it very clear though, than nothing is certain when it comes to trading.
I will put a 70 % credence on this setup though (Bayesian Reasoning). This is Neutron (NTRN).
1. We are in a huge descending wedge, which a bullish pattern (Perfect ABCDE)
2. The volume is dropping, which is what usually happens before we see a spike. It is also a sign, that traders slowly have been accumulating the coin.
3. Look at the RSI. We have clear bullish divergence.
4. The same goes for the MACD. Bullish divergence and a MACD-cross, which means that the Bulls finally are ready to take over.
Kind Regards
Laplace's Demon
PS. Remember to LIKE and FOLLOW. I will continue to provide you with quality content, and my mission is to teach you how to outsmart the Elite, the big whales and Wall Street. Market Psychology is my biggest strength.
Neutron
NTRN/USDT Gaining Momentum to Breakout of a Falling Wedge👀🚀💎Attention Paradisers! #NTRN is at a crucial point within a Falling Wedge, priming for a potential breakout. With the current market support at $0.593, there’s a vibrant chance it could power through this pattern due to the accumulated momentum.
💎If #Neutron cannot sustain this energy and slips beneath the $0.593 support, it might signal an extension of the bearish trend, propelling toward the next essential demand zone at $0.534. This particular level is known for its vigorous liquidity and has historically catalyzed significant bullish movements.
💎If SEED_DONKEYDAN_MARKET_CAP:NTRN tests this demand zone once more, it’s imperative that it secures a strong rebound to uphold support. However, failure to achieve this could intensify bearish pressures, worsen market sentiment, and potentially prompt further price declines.
💎Stay alert and adaptable, Paradisers. Your ParadiseTeam is diligently tracking and ready to guide you through the complex dynamics of the #NTRN market.
MyCryptoParadise
iFeel the success🌴
"Navigating the Waves: The NTRN/USDT Pair's Next Market Move"BINANCE:NTRNUSDT takes the spotlight. Our latest charts reveal a dance of demand and resistance between the magenta trendlines, signaling a potential pivot point from where we are. With trendlines converging, NTRN’s voyage may soon turn in our favour a swell. The analysis is captured at a significant juncture, suggesting a potential strategic entry point guided by various technical indicators cited below:
Trendlines (Magenta): Two diverging trendlines are drawn, indicating a formation that resembles a symmetrical expanding triangle pattern, which typically represents a period of consolidation before a breakout either upwards or downwards. The price has already reached the lower trendline and bounced off, suggesting a good entry point for a small long trade within the symmetrical expanding triangle.
Fibonacci Retracement Levels: The price action has recently retraced from a high, with the Fibonacci levels plotted from approximately the swing low to swing high (taking trendlines in consideration) indicating potential areas of support and resistance. I am expecting to take my profit around the golden ratio 0.618 which should be a 200% TPR.
RSI (Relative Strength Index): The RSI is showing a reading above the oversold territory but is not in the overbought zone, suggesting that there is room for the price to rise before becoming overextended.
EMA200: The price is currently above the EMA200 in the 12H TF indicating a bullish sentiment as well and only LONGs are allowed for now.
As always, it's recommended to use appropriate position sizing and risk management techniques to mitigate potential losses. Medium-level traders should monitor the trade closely for any changes in the technical indicators or market conditions that might impact the trade's outcome.
I will keep posting updates on the trade if successful or not.
NTRN is going parabolic, best altcoin for fast profit?NTRN is in a strong uptrend and it looks like we can go even higher. 207% profit is the next target for this coin because it is the 1:1 FIB extension. Currently the price is breaking out of the rectangle pattern on the weekly chart, which is also a good opportunity to trade the breakout. I am bullish on this coin. There is almost none bearish volume, also a good sign. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
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