💎Today, Paradisers, we delve into the compelling case for #MKRUSDT's long-term bullish potential and shed light on how far the price might ascend. The first signal of a trend reversal emerged with the break above the year-long wedge pattern. Following four months of consolidation, the uptrend firmly established itself. 💎 A crucial factor was the bounce off the...
💎 The overall #OPUSDT trend remains bearish, as the price continues to trade within a descending channel. However, there are some intriguing developments that warrant our attention. 💎 Currently, there are indications of a potential formation of a Bullish Flag pattern, which could lead to a significant price increase of 36% if it materializes. The target for this...
💎 Over the past 30 days, #IMXUSDT has maintained a consistent upward trajectory within the confines of an ascending channel. Throughout this period, the price has remained above a critical demand zone, situated near $0.6962, suggesting strong interest from buyers in this area. 💎 Recently, #IMX tested the support zone once again, effectively bouncing off the...
💎Paradisers, rejoice as #IOTAUSDT has recently entered the buying liquidity zone after breaking below the descending channel. This development occurs when stop losses at the bottom of the channel are triggered, leading to increased buying liquidity. But we know that additional factors that are vital for analysis should be considered. 💎In the case of #IOTA, we...
💎 #PONDUSDT formed a potential bottom on June 10, followed by an impressive 83% price surge. During its upward movement, #POND confidently broke above the downtrend trendline, indicating a possible shift in the long-term trend. However, after bouncing off the supply zone, #PONDUSDT experienced a significant pullback, with the price correcting down to the 78.6%...
💎 Over the past 21 days, ARUSDT has been consolidating in a range since it reached the high of $6.28 on July 23. Following this peak, a correction ensued, with the price experiencing a precise bounce off the 61.8% Fibonacci support level. Remarkably, AR has managed to hold above this critical support, leading to the formation of a robust demand area in its...
💎#FXSUSDT has showcased remarkable stability compared to most altcoins, many of which have experienced significant drops. This resilience demonstrates the strength of #FXS and the persistent buying pressure that remains robust. From a technical standpoint, the price recently experienced a notable rejection from the demand zone, which was further validated by the...
💎Almost two weeks ago, #CHZUSDT experienced a confirmed daily break above the long-term downtrend trendline, signaling a potential weakening of bearish dominance. Following the breakout, the price retraced and recently found clean rejection at the bottom of the ascending channel. 💎Now, our attention is drawn to the nearest and crucial support level at $0.072. It...
💎 In June, #TWTUSDT experienced a precise rejection from the 88.6% Fibonacci support at $0.71. Concurrently, the price rebounded from the downtrend support trendline, resulting in a swift 40% increase. However, for the subsequent month, the price remained relatively stagnant, until yesterday when a strong bullish candle emerged on the daily timeframe. 💎 This...
💎 On June 10, it appears that #APTUSDT may have indeed discovered a confirmed bottom when the price reached the $5.28 low. Since that time, the price has been gradually ascending, culminating in a daily break and close above the long-term downtrend trendline. This encouraging development was followed by a slight pullback, during which we observed a clean bounce...
🌴 Paradisers, let's delve into the recent developments surrounding the Crypto #TOTAL Market Cap and its potential implications for the cryptocurrency market. 🌴 💎 A significant event has occurred as the Crypto #TOTAL Market Cap broke through a crucial demand area, signaling a potential shift in the overall trend. Adding weight to this observation, a confirmed Head...
💎 This is a follow-up on our last #TOTAL forecast, where we anticipated the continuation of the downtrend but considered an alternative scenario as well. Now, the tide has turned as the bulls conquered the supply zone, making our alternative scenario the main focus. 💎We witness the fascinating transformation of resistance into support, with #TotalMarketCap...
💎Recently, #UNIUSDT successfully broke out of the descending channel and surpassed the supply zone, confirming a shift in market dynamics. Subsequently, the price underwent a correction and achieved a clean bounce off the 61.8% Fibonacci support level, indicating a potential shift in the trend from bearish to bullish. 💎Currently, #UNI is positioned within the...
💎Since finding support at $0.15, #WooNetwork has been on a continuous ascent, forming higher highs and higher lows. The breakthrough above the downtrend trendline, along with the subsequent minor resistance breakout, signals a potential shift in momentum as buyers assert their presence. 💎Currently, the probability of an uptrend is slightly higher compared to the...
💎 For over a year, #ChainLink has been range trading, but this changed in the last week. #LINKUSDT experienced a decisive break and close below the $5.5 support area. From a technical perspective, this could be seen as confirmation of the downtrend. However, we must consider the year-long price action before drawing conclusions. It is prudent to wait for the...
💎 On June 10, #SKLUSDT discovered solid support at the 461.8% Fibonacci retracement level. Subsequently, the price embarked on a consistent uptrend, breaking free from the clutches of the downtrend trendline. This pivotal bullish breakthrough served as the initial signal for a potential upward movement, and it was followed by a bounce off the minor support at...
💎#COTIUSDT has recently displayed promising price dynamics, indicating the formation of a potential bottom at the psychological support level of $0.0400. Subsequently, the price surged above the long-term demand level at $0.0500, transforming it into a significant support-turned-resistance zone. This price area has garnered substantial interest from buyers, making...
💎Yesterday, #ADAUSDT exhibited a precise bounce off the 227.2% Fibonacci retracement level, instilling strong hopes of an imminent trend reversal. However, caution is warranted as the price approaches a supply zone and remains below the downtrend trendline. At present, the market does not present the most secure buying opportunity, and sellers should remain...