Crypto market
SUN USDTBINANCE:SUNUSDT.P
#SUN ACTIVE SHOPPING ...80%
✅ Right Strategy
✅ Time to make money
✅ Right Project
YGG USDTBINANCE:YGGUSDT.P
#YGG/USDT 4H
YGG bullish breakout from a descending channel, indicating a potential trend reversal. The price has moved above the upper trendline of the channel, the Ichimoku Cloud, and key EMAs (20, 50, 100), all of which confirm increasing bullish momentum. The breakout is supported by a spike in volume, suggesting strong buying interest. The next resistance to watch is around $0.52, while the broken trendline near $0.42 now serves as support. Sustaining above these levels could lead to further upside potential.
Is ORDIUSDT on the Brink of a Major Bullish Breakout?Yello, Paradisers! ORDIUSDT is showing signs of bullish momentum, thanks to a recent W pattern formation. But is this the start of something big?
💎For this bullish setup to be confirmed, we need to see a decisive breakout above the resistive trendline and resistance zone. A successful breakout, with a candle close above these levels, could trigger a wave of short liquidations, pushing the price even higher.
💎However, if the price pulls back from current levels, a bounce off the support zone could offer a scalping opportunity—but I wouldn't recommend it. This setup has a low probability of success and doesn't align with our high-standard trading strategies.
💎On the flip side, if the price breaks down and closes below the support zone, it would invalidate our bullish thesis entirely.
🎖Stay disciplined, Paradisers. The market is full of traps, but with a strategic approach, you'll navigate it like a pro.
MyCryptoParadise
iFeel the success🌴
Render on the Rise: Whale Accumulation Signals Potential Growth Render on the Rise: Whale Accumulation Signals Potential Growth
Meta Description: Render crypto noted a strong upside momentum after noting a breakout of a three week consolidation
The Supply held by the top addresses has surged by a significant 5% In August indicating Accumulation.
The daily chart highlights a breakout in Render after three weeks of consolidation near the demand zone.
Render benefited greatly from the broader market recovery and witnessed a strong breakout in intraday today. The crypto noted a breakout after a long three week consolidation near the demand zone.
The strength in the breakout clarifies the buyers intention to rise in tandem with the broader market recovery. The market leaders Bitcoin and Ethereum also noted a strong breakout rising nearly 4% today.
Moreover, the analysts have noted an accumulation going on in Render for the last three weeks by the top addresses which validates the possibility of a bullish continuation in the crypto.
Whales Aggressively Accumulating The Lows
Render crypto noted a strong upside momentum after noting a breakout of a three week consolidation. At the time of writing, Render was exchanging hands close to $5.64, rising a significant 11.8% in intraday.
Moreover, the analysts noted an interesting development in the recent sessions. While the Render price was maintained in a consolidation for the last three weeks. The supply held by the top addresses have surged significantly.
The top addresses also known as whales have added over nearly 5% of the total supply to their portfolio. The top addresses were holding nearly 66.6% of the total supply in the beginning of August which now has jumped to 71.2% at the moment.
The whales are the investors with large amounts of investments and more resources to analyze the markets than the small investors. Hence they tend to be in the right direction. A strong surge in the accumulation by the top addresses indicates a positive scenario in the upcoming session.
Render Price Technical Analysis
From a technical standpoint, Render has surpassed the 20 as well as 50 day Exponential moving average suggesting a strong outlook in the short term. However, the price still lags 18% below the 200 day EMA indicating a bearish trend prevailing in the long term.
However, the recent breakout with a 12% jump in intraday suggests a bullish continuation which may possibly result in a long term bullish trend. Along with the breakout, the transaction volume has surged by 5.2% to $71.10 Million indicating a heightened demand.
At the time of writing, the RSI line was placed at 58.2 points and that of the 14 day SMA line was placed close to 41.8 points indicating a positive outlook in the short term Moreover, a bullish crossover of both the lines was observed indicating a trend continuation on the higher side.
Render price surged 11.8% intraday to $5.64 after breaking out from a three-week consolidation. The analysts noted that top addresses, or whales, increased their holdings from 66.6% to 71.2% of the total supply.
From a technical perspective, Render surpassed the 20 and 50-day EMAs, indicating short-term strength, but maintained 18% below the 200-day EMA, suggesting a long-term bearish trend. The recent breakout and 5.2% increase in transaction volume to $71.10 million indicate heightened demand. The RSI at 58.2 and a bullish crossover with the 14-day SMA suggest a positive short-term outlook.
BTC SHORT 61600 Resistance is resistance until broken
Entry at 61600
Stoploss last low closing 4hr
Will short alts too only downtrending
Not bullish ... but short term bearish
You take it or leave it. ADA is about to pumpCRYPTOCAP:ADA is about to make 3x next month. Why and how?
Fist thing is that its price tested the supported area successfully in weekly timeframe. weekly chart is the most trusted one when it comes into long term trading. Fibo retracement also matches with this scenario.
2nd is that the price bounced back up right at the weekly trend channel. It shows that there is a massive demand in the $0.27 area. Remember that it's always the area, NOT a single point or line.
The 3rd reason is that ADA had this type of trend in previous super 🐂 run. Now it repeats the trend again. The first step it has to reach $1 in Sep/Otc-2024. The next super bull will be around mid 2025. I expect it will have 3x after passing $1. (9x in total)
Action:
+ Spot: Really simple, just buy as much as possible.
+ Future: Every pull back in 1h timeframe is a long opportunity.
If you're scared, go home!
I don't care much about fundamental analysis. Why? Bcz when it comes into a bull run, everything will go up in a craziest way no matter what it is who's behind. JUST HIT THE DAMN BUY BUTTON!
ONE MORE THING: You need to know when it bottoms to maximize the profit .I will share all of my trading experince in the next post (including how to pick the really dip). My goal is to spread my trading strategy- The rule of time and space!
#TradingMadeEasy
#spottarde
#FutureTradingSignals
has been on a consistent downward trajectory, Will It endTechnical Analysis Of ImmutableX (IMX) Price
The IMX token has been on a consistent downward trajectory for the past five months, marked by a series of lower lows on the price chart. This extended bearish trend underscores the prevailing influence of sellers in the market.
During this period, the IMX token has formed a falling wedge pattern. While falling wedges are generally seen as bearish continuation patterns, they can also signal a potential reversal if the price breaks out to the upside.
Should the IMX token price break above the falling wedge with notable increases in trading volume, it could signify the start of a bullish reversal. Such a breakout might indicate a shift in market sentiment, potentially leading to a substantial upward movement in the token's price.
Currently, technical indicators on the IMX token’s daily chart reflect a strong bearish trend. The 50-day and 200-day EMAs have been declining, culminating in a death cross, which reinforces the ongoing downtrend.
The MACD and its signal line have been persistently negative, highlighting continued weakness in the token's price. Additionally, the RSI has stayed below the 50 level, with the 14-day SMA overlapping it. At the time of writing, the RSI was at 44.51, suggesting a lack of bullish momentum and ongoing bearish sentiment.
Looking forward, potential support levels for the IMX token are seen at $0.511 and $0.901, while resistance levels are expected at $1.610 and $2.601.
Core On the Brink Of A Bullish Reversal Amid Improved SentimentsCore On the Brink Of A Bullish Reversal Amid Improved Sentiments
Meta Description:
Core price made a strong rebound after a short consolidation near the demand zone.
At the time of writing, Core was exchanging hands close to $1.17, registering an impressive 12% rise in intraday.
Core price gained traction and made a strong breakout after a short term consolidation near the demand zone. The bulls established their presence at the demand which triggered a breakout thus turning short term traders and investors optimistic.
At the time of writing, Core was trading close to $1.17 adding an impressive 12% in intraday. Moreover, the short term bullishness has led to a significant change in on-chain metrics: weighted sentiment curve which may lead the price higher.
However, despite the recent efforts, the long term trend outlook still points to a bearish side. Currently, the price is approaching a trendline resistance which has emerged as a hurdle for the bulls multiple times.
Let's analyze whether Core may surpass the hurdle and shine higher in the upcoming sessions or suffer again from the trendline resistance.
Weighted Sentiment Curve Highlights Bulls Domination
As per the data obtained from an on-chain analytics website app.santiment.net, a significant shift in the traders and investors sentiment was observed. The positive sentiments have surged amid the recovery in the broader markets.
The advancement in the positive sentiment has helped the weighted sentiment curve surpass the zero line and claim a bullish territory. The weighted sentiment curve has turned positive indicating the dominance of the investors with bullish biasness.
The sentiment data reflects the current biasness of the traders and investors. The positive sentiment highlights a bullish sentiment whereas a negative sentiment indicates a bearish stance. The weighted sentiment curve indicates the combined biasness of the traders and investors.
Can Core Surpass Hurdles And Shine Higher?
Moreover, the daily chart highlights the formation of a descending triangle pattern since mid April with the price correcting following the upper and lower boundaries of the pattern. On the lower side, the $0.85 level has been acting as a strong demand.
Recently, the short term trend outlook has shifted to bullish after Core price triggered a breakout after a short term consolidation. The price has surpassed the 20 and 50 day Exponential moving average indicating the domination of bulls in the short term.
At the time of writing, CORE was approaching a strong hurdle of 200 day EMA and a trendline resistance. A long term trend reversal may be validated if CORE price manages to surpass the hurdles.
On the contrary, if the price fails to overcome the hurdles and suffers lower, the bears may try to regain control over the trend and the price may show more downturns.
Core price surged 12% intraday to $1.17 after a breakout from short-term consolidation. However, the long-term trend still remained bearish, with price nearing trendline resistance. As per the on-chain data, the positive sentiment has increased, pushing the weighted sentiment curve into bullish territory.
Moreover, the daily chart shows a descending triangle pattern since mid-April, with $0.85 as strong demand. The short-term trend turned bullish as the price surpassed the 20 and 50-day EMAs. However, the 200-day EMA and trendline resistance are key hurdles. Failure to overcome these could see bears regain control and push the price lower.
AVAX has seen a significant decrease in value, plummetingAvalanche (AVAX) Technical Analysis On 1-D Chart?
AVAX has been experiencing a notable downtrend, indicating a strong presence of sellers in the market. This prevailing negative sentiment suggests that further declines in price could be on the horizon, raising concerns among investors and traders.
In recent months, AVAX has seen a significant decrease in value, plummeting from a peak of $65.35. This downward movement has led the cryptocurrency to break through crucial support levels, reinforcing its bearish trend.
Nevertheless, there is still a glimmer of hope for recovery. If AVAX manages to break through the $32.75 resistance level and maintain its position above it, it could initiate a robust upward trend.
Such a breakout could potentially signal a reversal of the current downtrend, attracting more buyers and potentially shifting market dynamics in favor of AVAX.
#TURBO/USDTOKX:TURBOUSDT is consolidating inside the symmetrical triangle on daily timeframe
Waiting to move up
24.8.23 Whale IndexHello, we're WHALE_SIGNAL
Update 1H - BTCUSDT quickly
I'm moving the box
Up and down, at least break through the orange whale index
I think we need to break through the purple whale index in a wider range to get a direction
Please refer to 1D - BTCUSDT if below purple whale indicators break through
Jackson Hole Meeting will begin today
It's been a box for a long time, so it could be a sudden move
Please focus on the response
Rather than reading and sharing perspectives
We share support and resistance positions that can play a significant role in the Bitcoin movement
Don't get me wrong and check the meaningful places
The Ethereum Whale Indicator Also Revealed If $50 Rockets Go Over!!! $$
***whale surface intensity***
Purple>>>Orange>>>White
(Purple indicators are the strongest)
#MATIC/USDT -- VIP UpdateBINANCE:MATICUSDT.P
Matic strong #bullish reversal from its previous downtrend. The price has broken above a key #resistance level around $0.5300, which is now acting as support. This breakout is significant as it suggests a potential continuation of the upward trend, possibly towards the next resistance levels around $0.6200 and beyond.
The #RSI is currently at 82.57, indicating that the asset is in overbought territory. While this suggests a strong momentum, it also warns of a potential short-term pullback. A good buying strategy could be to wait for a retracement towards the new support level around $0.5300, where a bounce might provide a better entry point. Alternatively, buying on a breakout above the next key resistance with strong volume could be another approach, although it comes with higher risk given the overbought RSI.
TAO/USDT ANALYSIS BINANCE:TAOUSDT.P
TAO price has recently broken out of a long-term descending channel, indicating a potential shift from a bearish to a bullish trend. The breakout is accompanied by an RSI above 70, suggesting strong upward momentum, though the asset might be entering overbought territory. The current resistance level is around $336.80, which could pose a challenge for further upward movement.
For buy opportunities, consider entering on pullbacks to the key moving averages (20/50 EMA) or support levels near $302.12, as these may offer better risk-reward ratios. If the price holds above $336.80, it could signal a continuation of the bullish trend, with the next target around $364.98.
MANA USDTBINANCE:MANAUSDT.P
#Decentraland is experiencing a bullish momentum, with the price moving above the key moving averages (20, 50, 100, 200). The RSI is at 64.70, indicating that the asset is approaching overbought conditions, but still has room for further upside.
The price is currently testing the $0.2904 level, with the next major resistance at $0.3343, and a more significant resistance at $0.3487. If the bullish momentum continues and the price breaks above these resistance levels, it could lead to a strong upward movement. However, if the price fails to sustain above the current level, it might pull back towards the support area around 0.2734.In summary, MANA shows a potential buy opportunity, but caution is advised due to the nearing overbought RSI and the proximity to key resistance levels.
Does Polygon Set For Reacquiring the $1 Mark Ahead?
The Polygon has earned more than 32.19% gains this week and has propelled a breakout from a falling wedge pattern.
As of writing, it ranks 19th globally based on its market cap, which amounts to $5.321 Billion, and it last traded at $0.5341 with an intraday gain of 1.5%.
x.com
This month's bullishness in the asset was due to several reasons, and one of those driving was the upgradation of MATIC to POL optimism starting September 2024.
Over a broader structure, the analysis showcased that the breakout occurred after a 145-day decline, making it a nearly 73% deterioration. With this month's rise, the deterioration remained 58% from the first quarter's peak.
The improvement in price is displayed and optimism for further acceleration has increased in Polygon. The 50-day EMA has been pierced, and the price is set for a 200-day EMA to cross.
Does Polygon Set For Reacquiring the $1 Mark Ahead?
The Polygon has earned more than 32.19% gains this week and has propelled a breakout from a falling wedge pattern.
As of writing, it ranks 19th globally based on its market cap, which amounts to $5.321 Billion, and it last traded at $0.5341 with an intraday gain of 1.5%.
This month's bullishness in the asset was due to several reasons, and one of those driving was the upgradation of MATIC to POL optimism starting September 2024.
Over a broader structure, the analysis showcased that the breakout occurred after a 145-day decline, making it a nearly 73% deterioration. With this month's rise, the deterioration remained 58% from the first quarter's peak.
The improvement in price is displayed and optimism for further acceleration has increased in Polygon. The 50-day EMA has been pierced, and the price is set for a 200-day EMA to cross.
Could KLAY Fly Higher After Hitting ATL Ever?
The Klaytn (KLAY) has gained 32.69% this week, and after a long wait, the asset has responded to buyers. The resulting pattern was a falling wedge pattern of its price action.
At press time, it ranks 95th in terms of market cap amounts to $647.454 Million. Recently, on X, they shared that they have geared for the Kaia mainnet launch on August 29th from the merger of Klaytn and Finschia. This optimism could be one of the many reasons, responsible for witnessed growth in the asset price.
If the optimism continues the price could continue rallying higher. As of writing, the intraday some bears activity was noticed with an intraday dip of 1%, where it tradaed at $0.1705. The spot volume inflow has taken a hit, too, by 36.31%, which could be a probability that KLAY could make a pullback or some consolidation for rally continuation.
What Happened In FET Price & What It Can Do Next On Daily Chart?
KuCoin Has Completed the Token Merger of Ocean Protocol (OCEAN) and SingularityNET (AGIX) to Fetch.ai (FET), which have collaborated to establish the Artificial Superintelligence Alliance.
As of writing, per the Coinmarketcap website, the Fetch.ai name has been replaced with Artificial Superintelligence Alliance, and the ticker is FET. In the future, all tokens would be consolidated to create a common token for all assets as the (ASI).
However, till then, the trading and investing would commence through the FET ticker only until an official announcement is received.
So a look at FET price, as of writing, highlights 10% intraday growth with price traded at $1.060. The market cap has surged to $2.668 Billion, making it rank 31st globally. The spot volume inflow showcased demand with its recent 52% rise, which amounted to $221.90 Million.
The FET this week's gains were 28.44%, which led to a breakout of the falling wedge pattern. Depending on future optimism, the price could rally once it pierces 50-day and 200-day EMA bands, as the current swing has built from a key demand zone.
Strategic Buy Opportunity in LEVERDescription:
Unlock potential in the cryptocurrency market by exploring a buy trade opportunity in LEVER on TradingView. This guide offers a fundamental overview to help you make informed decisions in this rapidly evolving digital asset space.
Fundamentals Overview:
1. **Market Sentiment**: LEVER, like other cryptocurrencies, is highly sensitive to market sentiment. Monitor trends in the broader crypto market, including Bitcoin's performance, investor confidence, and news that could influence sentiment towards LEVER.
2. **Adoption and Use Cases**: Evaluate LEVER's real-world applications and potential adoption. Cryptocurrencies with strong use cases and growing communities tend to attract more investors, which can drive up the asset's value.
3. **Regulatory Environment**: Stay informed on regulatory developments that could impact LEVER's market position. Changes in regulation, both favorable and restrictive, can have significant effects on the value and volatility of cryptocurrencies.
4. **Tokenomics**: Understand the supply dynamics and distribution model of LEVER. Factors such as token supply, staking rewards, and inflation rates play a crucial role in determining the cryptocurrency's long-term value proposition.
Disclaimer:
Trading cryptocurrencies involves substantial risk and may not be suitable for all investors. The highly volatile nature of digital assets like LEVER can lead to significant losses. It is important to carefully consider your investment objectives, experience level, and risk tolerance before engaging in cryptocurrency trading. You should only invest money that you can afford to lose. Always conduct your own research or consult with a qualified financial advisor before making any investment decisions. Past performance does not guarantee future results.
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Utilize this guide to strengthen your trading strategy in LEVER, ensuring that your decisions are grounded in solid fundamental analysis. Stay ahead with real-time market updates and be prepared to capitalize on buy opportunities in this emerging cryptocurrency.
