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ZEN is gearing up for a potential bullish blastoff! 🚀💎 Paradisers, #ZEN is approaching a bullish Order Block (OB) + Demand area, which is further reinforced by a supportive trendline. 💎If #ZENUSDT breaks out above the resistance level from this point, we can anticipate a bullish movement up to the next resistance levels. It would be ideal if the price forms a bullish pattern here, such as a 'W' pattern, cup and handle, or an inverse head and shoulders. 💎However, in the event of a breakdown of the bullish OB, demand area, and supportive trendline, it will be considered bearish. In this scenario, I prefer to stay out of the market, as I am not interested in engaging on the bearish side for now.
by MyCryptoParadise_Nathan
ENA/USDT Ready to Upward move toward $2.5 ( 200% )ENA/USDT Chart Analysis Update XETR:ENA has just made a significant move, breaking through the resistance line of a bullish flag pattern. This breakout is a crucial indicator of potential upward momentum in the near future. Breakout Point: $0.89 ✅ We're now watching closely for a retest of the breakout level to confirm the strength of this move. If the retest is successful, we anticipate further bullish activity. Target: $2.50 This target is set based on the dimensions of the bull flag pattern, projecting substantial growth. Stop Loss: $0.78 To manage risk effectively, a stop loss has been set just below the recent support level.
Long
by CryptoPatel
2
SEI is setting the stage for a potential bear trap! 🐻🚫💎 Paradisers, #SEI might trap bears who entered during the recent breakdown. 💎If #SEIUSDT breaks out from the recent cup and handle pattern, we can anticipate a bullish move. This scenario would likely trigger bear stop losses, potentially driving a bullish trend. 💎However, if the price breaks down below the minor support level, it would be considered a continuation of the short-term bearish trend, and we might expect further bearish movements. For now, though, I am not interested in focusing on bearish moves, so it would be prudent to stay alert but not actively engage in bearish trades.
by MyCryptoParadise_Nathan
TIAUSDT: Gears up to break free from its descending channel! 🌊💎 Paradisers, #TIA could initiate a bullish move if the price bounces and breaks out of the descending channel. 💎If #TIAUSDT bounces and breaks through the descending channel, display a Change of Character (CHoCH) towards a bullish market structure, this would enhance the likelihood of a bullish trend. We could then set our sights on targets up to the next resistance levels. 💎However, if the price breaks down below the bullish Order Block (OB) level, it would be considered bearish. But for now, I am not focusing on bearish moves, so it would be better to disregard it in that case.
by MyCryptoParadise_Nathan
Could Altcoins Reach $7 Trillion in this Bull Run? Could Altcoins Reach $7 Trillion in this Bull Run? Bookmark this post for a streamlined breakdown of the #altcoin market cap trend: 1️⃣ Breakout: The market cap has breached a critical resistance, hinting at a bullish onset ( Black TrendLine ) 2️⃣ Skyrocket Post-Retest: Expect a sharp rise after the market retests the newfound support level. 3️⃣ Awaiting Retest (Green Box): We're currently watching for a dip back to the retest level, a pivotal moment for trend confirmation. 4️⃣ Potential $7T Market Cap: Following historical patterns, altcoins could reach a $7 trillion market cap in this bull run.
CRYPTOCAP:TOTAL2Long
by CryptoPatel
Ethereum Technical Analysis Update#Ethereum Technical Analysis Update Chart Pattern: Bull Flag Formation Ethereum is showcasing a classic bull flag pattern on the ETH/USDT chart. This is often a bullish continuation pattern, indicating potential upward momentum if the market conditions align. Key Breakout Level: $3,250 If Ethereum breaks and holds above the $3,250 resistance level, we are likely to witness a significant rally. A successful breakout could potentially set CRYPTOCAP:ETH on a path to a new all-time high! Keep an eye on this crucial level for decisive moves. Support: $2,750 Resistance: $3,250 Trade Wisely and Always Use Stop Loss.
Long
by CryptoPatel
Keep a close eye on WIFUSDT💎💎 Paradisers, #WIF has broken out of the descending channel by forming a 'W' pattern and has displayed a Change of Character (CHoCH) towards a bullish market structure. 💎 If #WIFUSDT successfully breaks above the resistance area, we can anticipate a bullish move. However, a pullback from here is highly probable as the price may need to gather liquidity before advancing. 💎 We can expect a bounce from the bullish Order Block (OB) plus the Demand Zone. For this scenario, confirmation of bullish signs is necessary. 💎 Should the price fall below these levels, it would be considered bearish for #WIF. In that case, my advice would be to refrain from trading it, as the conditions suggest waiting for clearer signals or better market behavior.
by MyCryptoParadise_Nathan
Get ready for some potential fireworks with DOGE🐕💎 Paradisers, #DOGE may experience a pullback to the Fair Value Gap (FVG) zone to capture the inner range liquidity. 💎This FVG zone, previously a resistance, has now potentially transformed into a support. This critical level of #DOGEUSDT is further bolstered by the 0.618 and 0.768 Fibonacci levels, which could facilitate a bounce. However, confirmation in the form of a Change of Character (CHoCH) and Break of Structure (BOS) towards the bullish market structure is needed. 💎Should this area break down, we might expect a rebound from the bullish Order Block (OB), but again, confirmation is necessary here as well. 💎However, if both of these levels break down without displaying any bullish signals, it will be considered bearish. In such a scenario, I would prefer to ignore it.
by MyCryptoParadise_Nathan
Waves: hold onto your surfboards🌊 💎Paradisers, #WAVES has successfully broken out of the resistive trendline and has demonstrated a Change of Character (CHoCH) and Break of Structure (BOS), signaling a shift towards a bullish market structure. 💎If #WAVESUSDT continues to exhibit CHoCH and BOS from the current area, we can expect a bullish movement. However, the likelihood of this move is lower, so caution is advised, and it would be prudent to use smaller position sizes. 💎In the event of a breakdown of minor support, a bounce from the Bullish Order Block (OB) combined with the Demand zone may occur, but confirmation is required here as well. 💎Nevertheless, if the price does not provide any confirmation and breaks down both levels, it will be considered bearish for #WAVES. In that scenario, I would prefer to disregard it and wait for more favorable conditions.
W
by MyCryptoParadise_Nathan
Get ready to ride the bullish wave with ONE! 🌊💎 Paradisers, #ONE is demonstrating a bullish market structure and has recently bounced off the supportive trendline. 💎For confirmation, #ONEUSDT needs to exhibit a Change of Character (CHoCH) and a Break of Structure (BOS) within the bullish market structure on lower timeframes. 💎If the price declines, we should wait until it reaches the demand zone, from where we can anticipate a bounce. For this scenario, we also require CHoCH and BOS confirmation on lower timeframes. 💎However, if there's no confirmation at these levels and the price falls below the higher low, it would be considered bearish. In that case, I would prefer to stay out of the market and wait for better price action to emerge with higher probabilities.
by MyCryptoParadise_Nathan
ADA is about to take us on a wild ride! 🎢 💎 Paradisers, #ADA has formed a 'W' pattern at the demand level, and we're currently watching for a breakout from the descending channel. 💎If #ADAUSDT shows a Break of Structure (BOS) from this juncture, We can anticipate a bullish movement. It's advisable to use smaller position sizes here and to seek strong indicators supporting a bullish trend. 💎Should there be a breakdown of this zone, Then we can expect a bounce from the strong support zone, which could offer high-probability setups—exercise caution here. 💎However, if the price doesn't display any bullish signs for confirmation and breaks down below both levels, it would be prudent to wait for more favorable price action to develop and consider the overall crypto market before making any decisions.
by MyCryptoParadise_Nathan
WLD: Get Ready For Some Action🚀💎 Paradisers, #WLD is approaching the previously broken resistance zone, which may now serve as support. 💎If #WLDUSDT exhibits a Change of Character (CHoCH) and a Break of Structure (BOS) at this point, we can anticipate a bounce from this area. 💎Why are we expecting this? As observed, the price has taken the inner range liquidity by filling the Fair Value Gap (FVG), and now it's likely to target the external liquidities. 💎However, if the price declines from here and approaches the Bullish Order Block (OB), then we could see high-probability setups, so exercise caution in this zone and wait for confirmation. 💎Should the price break down below this level, it would be wise to wait for more favorable price action to develop and monitor the overall crypto market before making any decisions.
Long
by MyCryptoParadise_Nathan
Catch the Wave: RNDR/USDT Analysis & Potential $50 TargetCatch the Wave: RNDR/USDT Analysis & Potential $50 Target Elliott Wave Count Insight CRYPTOCAP:RNDR is currently showing signs of forming an Elliott Wave pattern, suggesting a potential correction in the near future. Our analysis indicates that there might be further correction ahead. Previous Analysis Recap In our last analysis when #RNDR was around $10, we accurately predicted a 4th wave correction, which has since been fulfilled. Current Scenario and Entry Opportunities There's a strong support level anticipated at $5-$6, representing the 0.382 Fibonacci retracement. This suggests a potential bounce for the 4th wave from this support zone, presenting favorable entry opportunities. Price Target Projection Should our wave count analysis hold, we anticipate RNDR's price to potentially reach $50 in this bullish cycle. Alternative Scenario In case RNDR fails to maintain the 0.382 Fibonacci level, we recommend considering entry points around $2.5-$3.5. Remember, trading involves risks. Always conduct your own research and consider your risk tolerance before making any investment decisions.
RLong
by CryptoPatel
BITCOIN FALLING STARTED AFTER NECKLINE BREAKOUT A good falling detected on bitcoin It's showing a fall due to these reason 1. It's following a heavy sellers pressure over here in daly chat 2. It's ready to break the neckline 3. After a good. Move refreshment will occur Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for more A good falling detected on bitcoin It's showing a fall due to these reason 1. It's following a heavy sellers pressure over here in daly chat 2. It's ready to break the neckline 3. After a good. Move refreshment will occur Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for more
CRYPTO:BTCUSDShort
by tradergyan01
1
BTC : BITCOIN: : FLAG + Double Top detectedBTC : BITCOIN: : FLAG + Double Top detected The Wolf of Zurich has detected 2 chartist famous patterns : 1st is a "Double Top" , which gives a Bearish signal , and the price can reach : 58 000 - 56 500 The second signal is Bullish . I detected an "ascending FLAG" , which is a Bullish signal; And the the price can reach 71 200 - 73 00 Watch the EMA.200 Daily and the ICHIMOKU levels around 51 000 Weekly be safe Good trades "PAKA PAKA ! "
COINBASE:BTCUSDShort
by Le-Loup-de-Zurich
2
SKL: Trap placed with bullish intentions💪💎 Paradisers, I am expecting that #SKL might trap buyers who entered based on the supportive trendline, given that the short-term trend remains bearish. 💎If #SKLUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) from the key level, then a bounce could be expected. 💎Should there be a breakdown of this key level without any bullish signals, we might then anticipate a bounce from the demand level. However, we'll need to watch for bullish signs before considering any positions.
by MyCryptoParadise_Nathan
💎 UNIUSDT: Potential bounce waiting for us.💎 Paradisers, #UNI is exhibiting a bullish market structure & has taken liquidity by breaking below the supportive trendline. 💎 You might have noticed that #UNIUSDT has bounced precisely from the bullish Order Block (OB), indicating that pending orders have been filled at this level. However, for confirmation, we need to see signs of a Change of Character (CHoCH) and a Break of Structure (BOS), and remember, the market is bearish in the short term, so caution is advised. 💎 If the price continues to break down below this point without any bullish signals, then we might expect a bounce from the demand level, but we'll need to see bullish signs for confirmation here as well. 💎 If the price further breaks down below these levels, it would be wise to wait for better price action to develop before making any decisions.
by MyCryptoParadise_Nathan
Keep a close watch on STORJUSDT 🚀💎 Paradisers, #STORJ has demonstrated a Change of Character (CHoCH) indicating a shift towards a bullish market structure. 💎If the #STORJUSDT continues to show CHoCH and a Break of Structure (BOS) from this support point, we can anticipate a bounce. 💎Should there be a breakdown of this support zone without any bullish signals, then a potential bounce from the lower bullish Order Block (OB) might be expected, though confirmation will be necessary before taking action.
by MyCryptoParadise_Nathan