What's Next For Flagship Currency? BTC/USDT Analysis💎 The premier cryptocurrency, BTC, is currently nestled in a narrow range just beneath the $30k mark, with volatility seemingly taking a backseat.
💎 A glance at the 1D timeframe reveals a Bullish OB, coupled with a potential FVG situated just below the current price, spanning between $26k-$28k.
💎 Once BTC breaks free from this confinement, a dip to the FVG range is plausible, followed by a spirited ascent toward the $35k mark.
💎The optimal entry for this trade would likely be amidst this correction, and we're hopeful about BTC touching these projected levels in the near future.
💎However, on the flip side, if somehow the BTC can't hold the correction to the FVG range, we might be looking at $25-22k levels.
💎 Stay vigilant and keep abreast of the ever-evolving crypto landscape.
Cryptoanalysis
RNDR/USDT is Building Momentum for Next Rally
💎 On the 1D timeframe, RNDR is sketching an optimistic scenario, suggesting a potential bullish surge.
💎 The MACD is tilting towards a bullish divergence, signaling a possible upward shift following the consolidation breakout.
💎 A retrospective glance reveals the price took a downturn after establishing equal highs. Moreover, the shift from demand to supply further intensified the bearish pace.
💎 There's a clear untouched supply and bearish territory. It seems likely that RNDR will target this area for equilibrium in the near future. However, if the price slips past the support zone, brace for a potential drop.
💎 In the dynamic realm of crypto, staying informed is essential. Keep an eye out for further insights and relish your trading adventure.
VET is Ready for its Next Bullish Rally | VET/USDT Analysis 💎 VET/USDT is currently navigating a robust demand zone, hinting at a potential upward shift.
💎 Not long ago, it skillfully tapped into liquidity, tackled the descending OB, and set its course upward.
💎 As of now price is consolidating but we're on the lookout for a bullish surge past the trend line.
💎 With a clear supply zone and liquidity just above, there's a strong chance the price will engage with this level in the near future.
💎 In the ever-evolving crypto landscape, staying updated is crucial. Keep an eye out for further insights and savor your trading adventure.
HBAR: Rising WedgeHedera Hashgraph (HBAR) technical analysis:
Trade setup : Trading in a Rising Wedge pattern and in an Uptrend. Notably higher volumes on up days recently, which is also positive. Trend Traders: wait for a breakout. Swing Traders: can trade between the wedge trendlines.
Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.050 (previous resistance), then $0.035. The nearest Resistance Zone is $0.060, which it broke, then $0.080.
KSM/USDT Preparing For a Big pumping ?? Kusama Analysis Today💎 Hello Paradisers, here's a coin to keep an eye on!
💎KSM has successfully broken out of its descending channel and is currently aiming to pierce through the supply zone.
💎If it faces resistance and can't push through, there's a high chance it might descend to the Bullish Order Block. Historically, touch on this OB often results in a significant upward surge.
💎For the entry, consider either jumping in after a decisive breach of the supply or patiently awaiting a touch within the Bullish OB range of 22.90 - 22.10, especially if the supply proves too formidable.
💎Stay sharp, ParadiseSquad! 🌴 Re-evaluate your strategy if KSM ends the day below the 20.90 threshold.
IOTX/USDT Ready for Next Upward ?? Iotex Today AnalysisHello Paradisers, turn your attention to a coin with potential!
💎IOTX has emerged from its descending channel pattern and is currently attempting to breach the supply zone. If it struggles to surpass this supply, IOTX might retreat to the demand zone between 0.01760 - 0.0173, before potentially resuming its bullish ascent.
💎For those considering an entry, you might either anticipate a clear break above the supply or patiently wait for a touch within the aforementioned demand range.
💎Stay vigilant, ParadiseSquad! 🌴 This analysis might need reconsideration if IOTX concludes the day below the 0.001650 mark.
OP: Channel UpTrade setup : Trading in a Channel Up pattern. Trends are improving. We wait for a breakout, ideally with confirmation when price breaks above $1.80 resistance and 200-day Moving Average (~$1.97). Benefiting from the launch of Worldcoin (WLD), which is based on Optimism protocol.
Pattern : Price is trading in a Channel Up pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Medium-Term basis and Downtrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.20. The nearest Resistance Zone is $1.80, then $2.80
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle was followed by a break above $0.000010 resistance and 200-day Moving Average, which confirmed a bullish trend reversal to Uptrend. Price could revisit $0.000012 next.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, which it broke, then $0.00001200.
AVAX is Preparing For a Long Bullish Rally 💎 AVAX is charting an optimistic path, securely nestled within a demand zone, and gearing up for an upward surge.
💎 Not long ago, it skillfully interacted with the Order Block, captured liquidity, established equal lows, and ignited a bullish momentum.
💎 At this crossroads, AVAX might either revisit the DZ level or aim higher, starting from the previous OB point.
💎 If AVAX fail to capitalize on its bullish energy from the last engaged OB level, brace for a potential drop of around -12.34%.
💎 In the ever-evolving realm of crypto, being updated and flexible is paramount. Keep a lookout for further insights and relish your trading voyage.
DUSK/USDT Potential Pump Incoming ?? Dusk Network Today Analysis💎 Hello Paradisers, spotlight on a coin showing promise!
💎 DUSK has Break its falling wedge pattern and is currently retesting its resistance trendline.
💎 Fresh out of its breakout, DUSK has transitioned its supply zone into a potential demand, hinting at a bullish trajectory toward our target profit.
💎If you're considering an entry, you might either dive in now or hold out for a touch within the demand range of 0.124 - 0.122.
💎However, if DUSK merely performs a liquidity sweep and it's a fakeout, it might retreat to the Bullish OB. In such a scenario, it could be an opportune moment to accumulate more.
💎Stay sharp, ParadiseSquad! 🌴 This analysis might warrant a re-evaluation if DUSK dips below 0.11 and concludes the day beneath that mark.
Analysis for ONEUSDTToday i share my analysis for ONEUSDT. as you can see in my chart i drew the 4hr bullish OB with matching FVG. as confluence this OB is also a strong support level for higher tf. The plan is for us to wait for price to hit our FVG and or OB and go down to lower tf to see some reactions. once we see in lower tf that price wants to reverse or CHOCH then we prepare our entry for a long position.
RSR/USDT Next Upward Incoming ??? Reserve right Today AnalysisHello Paradisers, gear up for a coin with potential!
💎RSR has not only broken free from its falling wedge pattern but is also currently retesting its resistance trendline.
💎What's more, RSR has surpassed its resistance zone and settled above it, hinting at a possible bullish continuation.
💎For those considering an entry, you might jump in now or patiently await its touch within the support zone of 0.00214 - 0.00217.
💎If a fakeout occurs, it could be an opportunity to accumulate more around the 0.002 demand zone, with a high likelihood of revisiting the Bearish OB.
💎Stay vigilant, ParadiseSquad! 🌴 This analysis might need a revisit if RSR ends the day below 0.0018.
SHIB: Pullback in UptrendShiba Inu (SHIB) technical analysis:
Trade setup : Bullish breakout from Ascending Triangle and above $0.000008 resistance could signal possible trend reversal. Price reached our target of $0.000010 resistance, which is also 200-day Moving Average, where it got rejected once already. If it breaks above that, it would confirm the Uptrend and could revisit $0.000012 next.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.0000080 (previous resistance), then $0.0000055. The nearest Resistance Zone is $0.0000100, then $0.00001200.
ETH: Approaching SupportEthereum (ETH) technical analysis:
Trade setup : After a bearish breakout from Rising Wedge pattern, price could revisit $1,800 support area before resuming its uptrend. That level is at a cross section of a horizontal support ($1,800), Dynamic Support trendline (blue line in chart), and 200-day Moving Average.
Trend : Neutral on Short-Term basis, Uptrend on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1,800 (previous resistance), then $1,700. The nearest Resistance Zone is $1,930, then $2,000 and $2,140.
APT/USDT The Next Upward Incoming ?? 💎🚀 Aptos Analysis Today💎 Paradisers, brace yourselves for the trending coin!
💎Aptos has forged a partnership with Microsoft
💎 APT to surge and Break the falling wedge pattern, backed by impressive volume.
💎For the entry, We can entry now or wait for a retest on the support. Should APT showcase bullish indicators, such as a favorable candlestick pattern, we can anticipate a rebound and a continued ascent toward our target.
💎However, if APT struggles to maintain its stance at the support and breaches it, we might witness the price gravitating towards the bullish OB + Demand zone, potentially igniting a robust upward thrust.
💎Stay vigilant, as our bullish perspective would be challenged if APT descends past the 6.4 mark and settles below it. Trade wisely, ParadiseSquad! 🌴
ALGO/USDT Ready to Upward Movement?? Algorand Today Analysis Ladies and Gentlemen of ParadiseClub, gear up for the forthcoming gems!
💎ALGO has broken its prior pattern and is now retesting the resistance trendline.
💎We're keenly observing its approach to the demand zone. Should ALGO exhibit a bounce or face rejection within this area, we can anticipate a bullish trajectory,
💎 targeting the next supply point at 0.1265 and a formidable resistance at 0.1387.
💎However, be cautious: if ALGO closes below 0.1046 on a daily scale, our bullish outlook would be invalidated. Stay alert and trade safe! 🌴
DYDX/USDT Bullish Momentum?? 💎🚀 DYDX Today Analysis💎 Currently, DYDX is navigating within a descending channel pattern and is making an attempt to breach the supply zone. If it struggles to surpass this zone, we might see DYDX retreat to the demand area between 1.63 - 1.74, aiming to tap into the order block situated there. This could set the stage for a potential rebound and a subsequent upward trajectory.
💎However, if DYDX manages to break through the supply zone promptly, it's a positive indicator. Yet, for a confirmed bullish momentum, DYDX needs to shatter the resistance trendline of the descending channel. Achieving this could pave the way for a spirited rally, targeting the 2.755 - 3.15 range.
💎Conversely, should DYDX falter within the 1.63 - 1.74 demand zone or even dip below it, it suggests the possibility of a deeper decline, crafting a new lower low.
Paradisers, stay vigilant and monitor these potential shifts! 🌴
SOL: Pullback in UptrendSolana (SOL) technical analysis:
Trade setup : After price broke back above $20 resistance and 200-day moving average. Then, price spiked up 50% into a stiff resistance zone ($25-30) and got very overbought (RSI > 80). We’re likely to see the price take a pause as traders take some profits (selling pressures). Pullback near $20-$22 support zone (also 200-day Moving Average) could be an attractive swing entry in Uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance Nearest Support Zone is $20 (previous resistance), then $15. The nearest Resistance Zone is $25 – $30, then $38.
SYS Preparing for the Next Big Move, Syscoin Analysis Today 💎 SYS is on the verge of breaking out from a descending channel upwards and is currently positioned just below the Point of Control (POC) of the Volume Profile Visible Range.
💎 At the moment, this POC is posing a minor resistance, but it's likely to transform into support once we clear the channel.
💎 It's worth noting that SYS could potentially revisit the channel's trendline before making its upward move – so both outcomes are in play.
💎 Furthermore, with SYS situated in a zone of high demand, the bullish sentiment seems even more plausible.
💎 In the ever-evolving crypto sphere, being up-to-date and flexible is paramount. Keep an eye out for further insights and savor your trading adventure with #MyCryptoParadise!!
You can't Ignore Tron's Bullish Move Ahead, TRX/USDT AnalysisParadisers,
💎 TRX is currently moving in a positive direction, shaping an ascending channel. It looks like it might follow the Elliot Wave pattern from 1-5.
💎 Right now, TRX is in a high-demand area, suggesting a continued upward trend.
💎 Just a heads up: it's a good idea to keep an eye on the lower low area. If the price goes below this, it could indicate a change in the bullish momentum.
💎 As always in the fast-paced world of crypto, being informed and ready to adapt is crucial. Stay tuned for more updates and enjoy your time trading with #MyCryptoParadise!
ADA/USDT Bullish Scenario Incoming !!💎 At present, ADA is undergoing a retest within its supply zone, hinting at a potential move downwards towards the demand or Bullish OB region between $0.270 - $0.253. Should the price touch this zone, we could witness a bounce-back, propelling ADA towards an upward trajectory to challenge the resistance trendline and the subsequent supply zone.
💎However, if ADA swiftly breaches the supply zone and firmly establishes above it, it might skip the demand zone altogether, setting its sights directly on the resistance trendline and the supply points at $0.379 and $0.428.
💎On the flip side, should ADA fail to hold the Bullish OB, it's plausible for it to carve a new lower low, indicating a deeper descent.
💎 Paradisers, keep a keen eye on these potential market movements! 🌴
DOT/USDT Bullish Scenario💎 DOT has recently broke its support level and is currently in the phase of retesting, where the former support might act as a new resistance. There's a potential for the price to descend toward the demand zone ranging between $4.4 - $4.65.
💎Within this demand zone, there's a likelihood of the price experiencing a bounce, propelling it into an upward trajectory targeting the supply zone between $6.5 - $7.
💎However, if DOT swiftly reclaims its previous support-turned-resistance area, there's a chance it might not touch the demand zone and instead, ascend directly to challenge the resistance trendline and the supply region.
Paradisers, keep your eyes peeled for these pivotal movements! Stay informed and trade wisely. 🌴
ARB/USDT is Ready to Fly, Arbitrum Analysis Today Dear Paradisers, Take Notes!
ARB finds itself at a pivotal juncture within a triangle formation, hinting at an intriguing turn of events.
💎 At this moment, ARB is making strides to emerge from this triangle. A successful emergence could pave the way for a bullish surge.
💎 However, if the bulls falter in their breakout attempt, ARB might circle back to test its support around the $1.11 mark. As always, the broader market's pulse will be instrumental in shaping this breakout's direction.
💎 On the whole, we're buoyant about ARB reaching these anticipated milestones. Stay tuned with #MyCryptoParadise for more insights!