💎In our recent analysis of #LTCUSDT, we noticed a daily break surpassing the resistance, signaling the first bullish nod. However, post-breakout, a steady decline in price emerged, prompting us to question the validity of the uptrend. Let's delve deeper into this correction to gauge #Litecoin's potential upside. 💎Initially, the price rebounded impressively from...
💎 #ALICEUSDT hasn't showcased much price action in recent months. After $ALICE found support at the base of the descending channel, specifically at the psychological level of $0.8, it attempted to change its trajectory. However, a brief rally was halted right at the supply zone. 💎 Following this, a consolidation phase ensued, characterized by a slow descent...
💎 Let's take a closer look at #HBARUSDT, which has been on a steady climb within a wedge pattern over the last two months. In early August, the price found support at the significant psychological level of $0.05. This level coincides with the mid-term demand zone and also aligns with the 200 Simple Moving Average, reinforcing $0.05 as a crucial area to monitor. 💎...
💎A notable change in sentiment is unfolding for #PYRUSDT following the breakthrough above the downtrend trendline. Since then, the previous support has once again become a demand zone. Over the past 7 days, there have been multiple rejections near the $3.00 psychological support level, emphasizing the vigorous defense by bulls. 💎Additionally, the current price...
💎 Recently, #RSRUSDT has been a focal point of attention due to its significant price movements. After the emergence of a double bottom, complemented by a bullish divergence on the MACD oscillator, a pivotal breakout has been observed. 💎 In this breakout, #RSR surpassed several key resistance indicators in one fell swoop. Not only did it break the downtrend...
💎#AGIXUSDT's trajectory is currently leaning bearish, but this might be the opportune moment for Paradisers to delve back into its chart. Today, #AGIX touched the peak of its descending channel, aligning perfectly with the minor resistance set at $0.21. This exact point saw a decisive bounce from the 50 Exponential Moving Average on August 23. Following that...
Bullish Transition: 💎The #OKX Exchange's utility token made a decisive break above its long-standing supply zone in February, firmly positioning itself in bullish territory ever since. This wasn't just a fleeting moment; it marked a significant shift in its trading dynamics. Navigating the Zones: 💎Over the past six months, #OKBUSDT has been navigating between...
💎Following our previous analysis on #XRPUSDT, we can observe a significant development in the price action. The decline was halted at the uptrend trendline, coinciding remarkably with the Volume Profile support level. Notably, prior to this, there was a strong rejection of the 200 Simple Moving Average, establishing a crucial support level at $0.41. 💎As long as...
Introduction and Context: 💎Since our last analysis of #XRPUSDT, there's been a lot of speculation about the next moves for #Ripple. A month has passed since the pullback, and it's time to delve into the price action once more. Understanding Key Zones: 💎The previous supply zone around $0.6 has transitioned into a demand zone. This shift indicates that this area...
💎 Paradisers, the mid-term price action for #UNIUDT remains optimistic, as we continue to observe a pattern of higher highs and higher lows. What's more, #UNI has recently retested and rejected the vital demand zone near $5.7 for the third time in a row. It's evident that the bulls are holding their ground, and this could lead to a powerful surge shortly. 💎 We...
💎In recent times, #ADAUSDT has witnessed a significant price spike that caught many sellers off guard. However, it is crucial to delve deeper into the price action to gain a more comprehensive understanding. Could this sudden surge be a stop-loss hunt, designed to shake out the bears before a major price decline ensues? Let's explore the evidence. 💎 One notable...
💎#SANDUSDT has recently showcased a double bottom pattern on the daily chart, coinciding with the price reaching the lower boundary of the declining channel. This alignment with support triggered a decisive bounce, reflecting strong demand. 💎Following this upward movement, #SAND entered a consolidation phase, remaining under the influence of the long-term...
💎#AGLDUSDT has showcased remarkable gains this summer, with a price surge of 326% from the low in May to the high in July. This performance stands out, particularly in the current cryptocurrency market landscape. 💎When the trend began, the price broke and closed above the downtrend trendline, leading to a consistent price increase. A supply area was formed at...
💎#LINAUSDT is on a splendid uptrend, consistently printing higher highs and higher lows. Paradisers, should pay close attention to the super strong support at the 78.6% Fibonacci retracement level at $0.0125. This support has been respected multiple times, reinforced by the rejection of the uptrend trendline. Such price action is precisely what the MCP team seeks...
💎 Currently, #GRTUSDT finds itself in a sideways movement, oscillating between the support and resistance levels for the past 8 days. Notably, the support level has been respected multiple times, including today, signifying a strong and persistent buying pressure. 💎 However, buyers should exercise caution as this opportunity requires a very strong confirmation of...
💎A few days back, #BNBUSDT accomplished a significant feat by successfully penetrating the downtrend trendline resistance. On the subsequent pullback, it found solid support at the uptrend trendline, igniting potential for increased trading activity and volume. As the probability now strongly favors further growth, an intriguing opportunity for buyers...
💎On the #SOLUSDT chart, Paradisers, an intriguing development is underway—a potential double bottom formation at $22.70. As keen observers, we note the formation of a bullish divergence on the MACD, which preceded the price surge and the subsequent breakout above the descending channel—both promising bullish signs. 💎 Now, we eagerly await the 3rd bullish...
💎The low timeframe analysis of #COMPUSDT reveals that a consolidation phase has commenced after the price broke below the descending channel. Notably, there have been two significant bounces during this phase—one from the 78.6% Fibonacci resistance level at $80, and the other from the 88.6% Fibonacci level near the psychological support at $60. While the overall...