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BTC: Ascending TriangleTrade setup : Bullish breakout from an Ascending Triangle pattern, above $38K resistance, signals resumption of uptrend with upside to $40K near-term. Stop Loss at $36.7K (most recent swing low). 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 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 $35K (previous resistance), then $32K. The nearest Resistance Zone is $38K, which it broke, then $40K.
Long
by altFINS
FET/USDT Had a Good Run | 👀🚀 What's Next Possible Move?💎 Yello, Paradisers! Turn your attention to FETUSDT – it's currently exhibiting an upward momentum within an ascending channel, hinting at a potential adjustment in response to a nearing supply zone. 💎 Recently, Fetch.AI has been steadily climbing within this channel. Yet, we might witness a shift or correction in the near future. It's crucial to acknowledge that FET is nearing a pivotal resistance level at $0.6061. 💎 Just past this resistance lies a notable supply zone, identified by an untouched Order Block (OB). If FET dips below the support level of $0.50, we anticipate a move towards the demand zone, as detailed in our analysis. 💎 Upgrade your trading strategies for Fetch.AI with ParadiseFamilyVIP. Dive into more comprehensive insights on FET and other promising cryptocurrencies, refining your crypto trading techniques
Short
by MyCryptoParadise_Simon
2
ADA: Ascending TriangleTrade setup : Price is approaching $0.40-$0.42 resistance zone, trading in an Ascending Triangle pattern. We wait for price break out, which would signal continuation of uptrend, with near-term upside to $0.46. Previously, price broke above 200-day moving average ($0.30), which confirmed a bullish trend reversal to an Uptrend. 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 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). Support and Resistance : Nearest Support Zone is $0.30 (previous resistance), then $0.25. The nearest Resistance Zone is $0.040 - $0.42, then $0.46.
Long
by altFINS
APT: Bullish PennantTrade setup : Price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. However, price got overbought (RSI ~ 75) just as it reached $8.00 resistance and pulled back on profit taking by traders. Now it’s consolidating in a Bullish Pennant pattern. If it breaks above $7.15, it could signal resumption of uptrend with upside potential to $8.00 or even $10.00. If it breaks below 200-day MA, it could revisit $5.40 support. Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Neutral on Short-Term basis and Uptrend on Medium- 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 $5.40 (previous resistance), then $4.70. The nearest Resistance Zone is $8.00, then $10.00.
Long
by altFINS
AAVE: Bullish Flag BreakoutAAVE (AAVE) technical analysis: Trade setup : Price is in an Uptrend. It briefly consolidated in a Bullish Flag pattern and broke out of it, back above $95 resistance, with upside potential to $115 next. Previously, following a bullish breakout from Channel Down pattern, price broke above 200-day moving average, which signaled a bullish trend reversal to an Uptrend. Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must. 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 $80 (previous resistance), then $65. The nearest Resistance Zone is $95, which it broke, then $115.
Long
by altFINS
AAVE: Bullish Flag BreakoutAAVE (AAVE) technical analysis: Trade setup : Price is in an Uptrend. It briefly consolidated in a Bullish Flag pattern and broke out of it, back above $95 resistance, with upside potential to $115 next. Previously, following a bullish breakout from Channel Down pattern, price broke above 200-day moving average, which signaled a bullish trend reversal to an Uptrend. Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must. 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 $80 (previous resistance), then $65. The nearest Resistance Zone is $95, which it broke, then $115.
Long
by altFINS
2
LQTY/USDT Next Possible Move? 👀🚀LQTY Analysis💎 Paradisers, prepare for a promising trading opportunity with LQTYUSDT. The asset is currently exhibiting notable activity in the demand zone, which could be a precursor to an upward trend. 💎 Liquity has been consistently following a trading channel pattern. Its recent breakout above this channel suggests a climb towards a resistance level, followed by a swift pullback, in line with its established trading pattern. 💎 There's a significant chance of a bullish trend starting from the support level at approximately $1.40. Having effectively broken out of the trading channel in an upward direction, LQTY is now setting its sights on resistance levels around $1.80. 💎 Precise timing is essential for astute Paradisers. It's crucial to pinpoint the most advantageous entry points during this upward trend and to remain cautious about entering at the peak. 💎 Remain vigilant, as there is a risk of LQTY falling below the support level of $1.40. A decline below this key level may raise concerns about the viability of the ongoing upward trend.
Long
by MyCryptoParadise_Simon
1
XEM/USDT Ready for Potential Bull Rush?🚀👀 XEM Analysis💎 Paradisers, get ready for a dynamic trading opportunity with XEMUSDT. The asset is demonstrating significant activity within the demand zone, suggesting an impending shift towards an upward trend. 💎 NEM has been following a trading channel pattern with precision. Its recent breakout from this channel signals a potential rise towards a resistance level, then a rapid pullback, in keeping with its usual market behavior. 💎 There's a considerable chance for a bullish trend to initiate from the support level at around $0.0351. With XEM having effectively ascended from the trading channel, it's now targeting resistance levels near $0.0436. 💎 Strategic timing is essential for insightful Paradisers. It's crucial to pinpoint the most favorable entry points during this upward trajectory and to remain cautious about entering at the height of the trend. 💎 Caution is advised, as there's a risk of XEM descending below the support level of $0.0339. A decline below this significant threshold could raise concerns about the sustainability of the upward trend.
XLong
by MyCryptoParadise_Simon
AVAX: Pullback in UptrendAvalanche (AVAX) technical analysis: Trade setup : Price broke above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Subsequently, price spiked as high as $24.70 but failed to hold that as traders began to take profits (selling pressure). Now we wait for price to either 1) break above $22.00 to signal continuation of uptrend, or 2) pull back near $18.30 support for a swing entry in Uptrend with upside potential back to $26.00. Nearest support levels are $18.30 and $16.00, which also lines up with Fibonacci Retracement levels of $18.60 (38.20%) and $16.70 (50%). 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). Support and Resistance : Nearest Support Zone is $18.3 (previous resistance), then $16.0. The nearest Resistance Zone is $22.0, then $26.0.
Long
by altFINS
APE: Approaching SupportApe Coin (APE) technical analysis: Trade setup : Trends are improving, although price still needs to break above 200-day moving average (~$1.81) to confirm an Uptrend. But if it does, it could revisit $2.00 or even $2.50 thereafter. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00, then $2.50.
Long
by altFINS
ALGO: Pullback in UptrendAlgorand (ALGO) technical analysis: Trade setup : Price broke above above 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. So far it has been rejected at $0.15 resistance. We wait for price to either 1) break above $0.15 to signal continuation of uptrend with upside potential to $0.18 near-term, or 2) pull back near $0.12 support (200-day MA) for a swing entry in Uptrend with upside potential back to $0.14. 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 ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $0.11 (previous resistance), then $0.09. The nearest Resistance Zone is $0.15, then $0.18.
Long
by altFINS
LINK/USDT Ready for Bullish Rally?👀🚀 LINK Analysis💎 Paradisers, gear up for a promising trading opportunity with LINKUSDT. The asset is currently showing significant activity within the demand zone, suggesting a potential move towards an upward trend. 💎 ChainLink has been diligently following a trading channel pattern. Its recent breakout above this pattern suggests a likely rise to a resistance level, before a prompt pullback, aligning with its established trading behavior. 💎 There's a strong chance of a bullish trend starting from the support level at approximately $14.29. Having effectively broken out of the trading channel in an upward direction, LINK is setting its sights on resistance levels around $16.61. 💎 Precise timing is key for astute Paradisers. Identifying the best entry points during this upward phase is essential, and it's wise to exercise caution to avoid buying at the peak of the trend. 💎 Stay alert, as there is also a risk of LINK falling below the support level of $12.86. A breach below this vital point may cast doubt on the potential for a sustained upward trajectory.
Long
by MyCryptoParadise_Simon
3
DOGE: Approaching ResistanceDogeCoin (DOGE) technical analysis: Trade setup : Following a bullish breakout from Descending Triangle, price broke above 200-day moving average, which confirmed an Uptrend. Price also briefly broke above $0.08 resistance where it got rejected in August but has pulled back on some profit taking. Now we wait for price to either 1) break above $0.08 again to signal continuation of uptrend, with upside to $0.10, or 2) pull back near $0.07 support for a swing entry in Uptrend with upside potential back to $0.08. Fibonacci retracement levels are $0.075 (38.20%) and $0.0725 (50%). 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 $0.070 (previous resistance), then $0.060. The nearest Resistance Zone is $0.08, then $0.10.
Long
by altFINS
BNB: Approaching SupportBinance (BNB) technical analysis: Trade setup : Trends are improving. Following a bullish breakout from Sideways Channel, price reached our target of $260, where it got rejected again, just as it did in July. Swing Traders: Pullback near $220 support area could be an attractive swing trade entry, with upside back to $260 near-term. That $220 level was previously a resistance area, which was broken and turned into support area (concept known as polarity). Trend Traders: Price needs to break above 200-day moving average (~$242) and $260 resistance zone to confirm Uptrend. If it does, it could revisit $300 next. (set a price alert). Trend : Downtrend on Short-Term basis and Uptrend on Medium- 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 $220 (previous resistance), then $200. The nearest Resistance Zone is $260, then $300.
Long
by altFINS
BCH: Rising Wedge BreakoutBitcoin Cash (BCH) technical analysis: Trade setup : Bearish breakout from a Rising Wedge pattern, could lead to a pullback to $200 support area (and 200-day moving average) in the near-term, which could be an attractive swing trade entry, with upside potential back to $250. 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. Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $200 (previous resistance), then $140 – $150. The nearest Resistance Zone is $250, then $330.
Long
by altFINS
1
PHA Ready for a Bull Rally? 👀🚀 PHA Analysis Today 💎 Yello, Paradisers! prepare for an exciting trading opportunity with PHAUSDT. Currently, it's showing significant activity in the demand zone, hinting at a potential shift to an upward trend. 💎 PhalaNetwork has been consistently following a trading channel pattern. It has already broken above this channel once, and we expect it to approach a resistance level before likely retracting, consistent with its channel behavior. 💎 There's a notable probability of a bullish trend initiating from the support level around $0.0950. With PHA having successfully broken out of the trading channel upwards, it's now set to target resistance levels around $0.12. 💎 Timing is crucial for discerning Paradisers. Pinpointing the optimal entry points during this upward movement is essential. It's advisable to avoid buying at the peak of this trend. 💎 Exercise caution, as there's also a possibility of PHA dropping below the $0.0950 support level. A decline past this essential point might lead to doubts about the longevity of the upward trend.
Long
by MyCryptoParadise_Simon
BAKE/USDT Likely to Go for a Bull Run? BAKE Analysis Today💎Yello, Paradisers! brace yourselves for an exhilarating period with BAKEUSDT as it undergoes a pivotal shift from resistance to support, indicating a strong chance of embarking on a bullish trend. 💎For the last few days, BAKE has shown a consistent pattern of breaking free from its descending channel, leading to an upward trend. Currently, it has impressively breached the resistance level at $0.1426. 💎This breakthrough, along with its robust standing above the EMA100, hints at a potentially bullish development, awaiting further confirmation upon retest. 💎Conversely, if BakeryToken fails to maintain its upward momentum and falls below the support during this retest phase, we could anticipate a bullish strategy emerging from the demand level at $0.1426. 💎Nonetheless, a drop beneath this key demand level might lead to a substantial decline to the lower specified level.
Long
by MyCryptoParadise_Simon
PNT/USDT Ready for an Explosive Journey? PNT Analysis Today 💎Yello, Paradisers! PNTUSDT is poised within a demand zone, presenting a robust opportunity for a bullish breakout. 💎Tracking its historical performance, PNTUSDT has shown a tendency to rally after engaging with its support zone. It's currently well-placed within a demand zone, which could foreshadow a successful breach of the supply level at 0.1941, potentially ushering in a climb toward higher resistance tiers. 💎However, if the market sentiment shifts, pNetwork might retreat to its support level to gather strength for another bullish charge. 💎A descent below the support level may lead to a significant downturn of PNT. While newcomers to the market might be eyeing long positions now, astute traders will keep a close watch on market trends to make well-informed trading decisions.
PLong
by MyCryptoParadise_Simon
TRX/USDT Ready for an Explosive Journey? 👀🚀TRX Analysis💎Yello, Paradisers! brace yourselves for an exciting trading prospect with TRXUSDT. Currently, the asset is displaying substantial activity in the demand zone, hinting at a likely upward trend shift. 💎Tron has been consistently adhering to a trading channel pattern. Its breakout above this channel recently indicates a potential ascent towards a resistance level, followed by an expected quick retraction, consistent with its typical trading behavior. 💎There's a notable probability of a bullish movement commencing from the support level around $0.098. With TRX having successfully emerged from the trading channel upwards, it's now eyeing resistance levels near $0.12. 💎Effective timing is crucial for savvy Paradisers. It's important to identify the optimal entry points during this upward movement, and it's advisable to be cautious about entering at the peak of the trend. 💎Exercise caution, as there's a possibility of TRX dropping below the support level of $0.094. A fall beneath this crucial mark could lead to questions regarding the continuation of the upward trend.
Long
by MyCryptoParadise_Simon
2
SNX: Pullback in UptrendTrade setup : Bullish breakout from Channel Down pattern and above $2.27 (200-day moving average) confirmed bullish trend reversal to Uptrend. Price has reached and got rejected 3x at $3.75 resistance and pulled back, which could be an opportunity to get on the Uptrend. The nearest horizontal support areas are $3.40 and $3.00, which also line up with 23.60% and 38.20% Fibonacci Retracement Levels. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $3.40 (previous resistance), then $3.00. The nearest Resistance Zone is $3.75, then $4.40.
Long
by altFINS
XRP: Pullback in UptrendRipple (XRP) technical analysis: Trade setup : Bullish breakout from Ascending Triangle pattern and above 200-day moving average signaled resumption of an Uptrend. Price spiked up as high as $0.73 but got very overbought (RSI > 85!) and pulled back on some profit taking. This pullback near $0.55 support and 200-day MA could be a swing entry opportunity in an Uptrend with upside to $0.92. That’s the peak from July’s runup. 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 ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.55 (previous resistance), then $0.45. The nearest Resistance Zone is $0.68, then $0.92.
Long
by altFINS