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Is #XLM Ready For another Bullish Push or Not? Key Levels Yello, Paradisers! Is #XLMUSDT about to surge to new heights or are we on the verge of a deeper correction? Let’s analyze this critical setup of #Stellar: 💎#XLM has been forming a classic falling wedge pattern on the 8-hour chart, a formation known for its bullish breakout potential. Price is currently testing the descending resistance, and this is where things could get exciting. A clean breakout above this resistance would signal a major shift in momentum and open the door for a significant move higher. 💎When #XLMUSD clears the descending resistance of the falling wedge, the immediate resistance lies at the $0.45 level. This critical level needs to be cleared for CRYPTOCAP:XLM to confirm its bullish breakout. If bulls succeed, the next target lies in the major resistance zone near 0.6500, representing a potential 40%+ upside. Look for strong volume and convincing bullish candles above the resistance to confirm market conviction. Without these signals, any upward movement could turn out to be a fakeout. 💎However, if #XLM fails to clear the descending resistance then it might come to retest the support zone at $0.32. Buyers have held this level and the probability of jumping here is quite high. But if this level also doesn't hold, there will be a retest of the demand zone at $0.24. 💎However, a daily close below $0.24 would invalidate the bullish setup and potentially lead to a sharper drop toward 0.2000 or lower. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
$BTCUSD Butt Hurt, But not Gone.. You only need to connect a few dots to see where BITSTAMP:BTCUSD is going, and where it has been. Upon completion of it's multi-top retesting of it's historical upper trendline, the Bitcoin crowd will once again be treated to a massive dump and cries of foul play. Oligarchs will scoop up the declined Token off the lows between 20 and 40k and World leaders will cheer.. "Let them Eat Crypto" While the world burns. Don't buy with the crows. Buy off the Crowd. Wait for the Next BITSTAMP:BTCUSD Cycle to accumulate around this demand zone and generate wealth without Fomo. The End.
COINBASE:BTCUSDShort
by Midgar-
Technical Analysis and Market Opportunities: $TRUMP CoinTechnical Analysis and Market Opportunities: $TRUMP Coin Technical Analysis • Current Price: $53.32 (+16.01%) • The coin is currently exhibiting a strong uptrend, forming higher lows as indicated by the ascending support line in the chart. • Resistance Levels: • Immediate resistance near $60. A breakout above this level could lead to a test of $80, which aligns with the previous high. • Support Levels: • Strong support at $40, which also serves as a psychological level. • Further, the $8.86 level is noted as a long-term support zone, likely serving as the last safety net in case of a major market correction. • Indicators: • Stochastic Divergence: Overbought signals are visible, indicating a potential short-term retracement before further upward movement. • Volume: Increasing volume supports the upward trend, suggesting strong buyer interest. Market Analysis • Sentiment: The $TRUMP coin has gained popularity due to its association with Donald Trump and the brand loyalty of his followers. This has created a high speculative demand, pushing the coin’s price upwards. • Market Opportunities: • Political Influence: The coin benefits from the visibility of the Trump name, particularly as it aligns with his political influence and media presence. • Adoption Potential: As a memecoin, its adoption heavily depends on speculative trades and endorsements, which remain strong given the active community around it. • Risks: • High Volatility: As with most memecoins, the price can be highly unstable. • Regulatory Risks: Political associations may draw scrutiny and regulatory challenges. Buy Opportunities 1. Short-Term Traders: • Enter near the current support zone of $50-$53 if price consolidates. • Exit near the resistance level of $60-$65 for quick gains. 2. Long-Term Holders: • Consider entering if the price retraces to the strong support zone around $40. • Hold for a potential breakout above $80, targeting higher levels if market sentiment remains bullish. 3. Breakout Traders: • Watch for a confirmed breakout above $60 with strong volume before entering. • Target levels: $75-$80, depending on momentum. Conclusion The $TRUMP coin represents an exciting but highly speculative opportunity. It is ideal for high-risk, high-reward traders. Always set stop losses and manage risks appropriately, as market reversals can occur rapidly.
Long
by US30EMPIRE
A Confluence of IndicatorsSame chart on the 4 hr chart looks like it might be about to kick off. A confluence of indicators are all pointing in the same direction here on the monthly chart. A single rogue green volume candle could launch us quickly towards the 200k to 250k range. If we get rejected here then it might not break out above maybe 120k this market cycle. Right now any number of given catalysts could set this off and we are on the verge of legislative and regulative clarity in the United States. Once this happens in the U.S.A. it wouldn't be surprising to see other countries follow this regardless of BRIX or NATO. Trump has Trump Coin. I've never felt so confident in my decision to hold.
BITSTAMP:BTCUSDLong
by Narsty_Boy