MyCryptoParadise

MyCryptoParadise

💎 Paradisers, let's delve into the intriguing realm of #WAVESUSDT, where the market has woven a tale of wide-ranging price dynamics throughout the year. Within this narrative, we encounter distinct boundaries—a formidable resistance zone dwelling near the psychological fortress of $3.00 and the emergence of a compelling double bottom formation, nestled around the...

MyCryptoParadise Updated 

💎Today's spotlight is on #TRUUSDT. The token has recently anchored its support at the $0.030 mark, aligning nearly perfectly with the 78.6% Fibonacci retracement level. Before this stabilization, #TRU sketched out a double bottom pattern. This pattern, followed by a surge past the local resistance, hints at a possible trend reversal. 💎 What does this mean for...

MyCryptoParadise

💎 On May 19th, #RNDRUSDT reached its highest point in 400 days, testing the $2.95 level. However, what followed was a persistent decline, resulting in a substantial 57% drop. 💎 A noteworthy aspect of this decline is the price action surrounding the 61.8% Fibonacci support level. Bulls have demonstrated resilience in defending this critical level. Simultaneously,...

MyCryptoParadise

💎 Since its low in June, #RUNEUSDT has demonstrated impressive strength, boasting a remarkable 140% price surge. This performance places it among the top performers in recent times. Notably, the price journey broke free from a descending channel, catapulting from $1 to the psychological resistance at $2. 💎 Following this substantial upward move, a consolidation...

MyCryptoParadise

💎#KASUSDT has recently delivered an impressive performance, marking an almost 60% price surge since the month's commencement. This upward trajectory initiated following a bounce from the 50% Fibonacci support level at $0.032. Simultaneously, we observed a decisive rejection of the long-term uptrend trendline. These two pivotal events propelled the price upward,...

MyCryptoParadise

💎The #NEOUSDT daily chart has been exhibiting an intriguing price action pattern that's worth our attention. Of particular note is the remarkable resilience of the $6.76 support level, which has seen the price bounce off it three times consecutively. This support level coincides with the 78.6% Fibonacci retracement level, further enhancing its significance. 💎In...

MyCryptoParadise

💎For over 2 months, starting from the end of June, #ASTRUSDT has displayed consistent upward movement, firmly entrenched within an ascending channel. However, a pivotal development occurred on August 23 when the price decisively breached the upper boundary of this ascending channel. This breakthrough hinted at the potential for an accelerated uptrend....

MyCryptoParadise

💎Turning our focus to the #VETUSDT weekly chart, it becomes evident that recent price movements have piqued our interest. Over the past year, #VET has maintained a tight range, primarily hovering around the $0.015 support area. During this extended period, it has formed what appears to be a compelling triple bottom pattern, and the most recent bounce off this...

MyCryptoParadise

💎 #INJUSDT has recently formed a double bottom near the $6.2 support. But, at the same time, the downtrend trendline is holding strong, suggesting that bears are still in control. 🐻 💎 However, the presence of a potential double bottom introduces the possibility of a sentiment shift from bearish to bullish if we witness a decisive 4-hour break and close above the...

MyCryptoParadise

💎Over the last 15 days, #LINAUSDT has exhibited a range-bound behavior, oscillating within the confines of the $0.098 support and $0.011 resistance areas. 💎 Uptrend Trendline Respected: Notably, the upward-sloping trendline has been diligently adhered to, hinting at the possibility of an impending breakout to the upside. 💎 Bullish Sentiment: It's highly probable...

MyCryptoParadise

💎 A Promising Start: #LPTUSDT has drawn our attention with recent price action, notably finding support at the 78.6% Fibonacci retracement level. 💎 Long-Term Bullish Trend: Compared to most cryptos, #LPT maintains a strong long-term bullish trajectory, increasing the potential for further growth. 💎 Flag Formation: Over the past week, a Bullish Flag pattern has...

MyCryptoParadise

💎 On the daily logarithmic chart, yesterday #ASTRUSDT showcased a precise bounce off its uptrend trendline. This behavior is consistent with the bullish trend that has been evident since June. 💎 The demand zone, which is of paramount importance, has remained steadfast. This zone is possibly where bullish traders have been actively accumulating over the past two...

MyCryptoParadise

💎The overall health of the cryptocurrency market can be gauged by examining the #TOTAL Market Cap, making it an essential chart for traders and investors. Delving into the #TOTAL weekly chart, the long-term perspective remains optimistic. Notably, the downtrend trendline representing the average price has been breached, accompanied by the formation of a new Higher...

MyCryptoParadise

💎 Today, we're turning our focus to the #INJUSDT chart, where a distinct bounce from the Fibonacci support has caught our eye. If you glance at the chart, you'll notice the 427.2% Fibonacci level was decisively repelled on August 23. This bounce catalyzed a brief rally, propelling the price towards the 227.2% Fibonacci resistance, which coincidentally aligns with...

MyCryptoParadise

💎 Diving into #Stellar's long-term price trajectory, we spot some captivating patterns. The weekly #XLMUSDT chart reveals the price nestled in a robust demand zone, a magnet for buyers. Moreover, the 200 Exponential Moving Average has been consistently rebuffed in the past weeks. 💎 The bullish uptrend is evident with the formation of LLs and LHs. Given #XLM's...

MyCryptoParadise

💎 #ROSEUSDT remains confined within a descending channel, underscoring the ongoing downtrend. Yet, a noteworthy development is its recent rebound from the channel's bottom, essentially bouncing off the support trendline. 💎 Concurrently, there's a clear rejection at the 127.2% Fibonacci support, pegged at $0.0357. These bullish indicators merit attention, hinting...

MyCryptoParadise

💎 Elliot Wave Theory Insights: Based on the Elliot Wave theory, #MKRUSDT's primary trend leans bullish. We've observed a sequence of a 5-Wave upward movement, succeeded by an ABC correction pattern. 💎 Potential Wave Completion: This suggests that the initial major upward wave might have concluded, with the price now gearing up for the second significant wave. 💎...

MyCryptoParadise

💎The #CVXUSDT chart is currently painting a fascinating narrative, reminiscent of the classic Elliot Wave theory. Since the dawn of this year, the asset has witnessed a consistent dip. Between February and August, #CVX plummeted by a staggering 66.6%, leaving investors pondering about its future prospects. 💎However, there's a silver lining for the optimists. A...