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LDO: Resistance BreakoutTrade setup : Price broke above 200-day moving average, which confirmed a bullish reversal to an Uptrend. It appears to have finally broken above $2.50 resistance, where it got rejected in May, June and July. It’s a stiff resistance area, which makes this breakout even more significant. Price could revisit $2,80 near-term, or even $3.00. Lido (LDO) is the largest DeFi platform and a leading ETH liquid staking platform (see our on-chain analytics and research report) . Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $2.00 (previous support), then $1.60. The nearest Resistance Zone is $2.50, which it broke, then $2.80.
Long
by altFINS
XRP has Broken Out of Descending Channel |👀🚀 What 's Next?💎 Paradisers, prepare for a captivating trading prospect with XRPUSDT. The asset is currently exhibiting significant activity within the demand zone, indicating a potential shift towards an upward trend. 💎 Ripple has been meticulously following a descending channel. It has previously broken above this channel, and we anticipate a move towards a resistance level, followed by a quick pullback, consistent with its typical channel behavior. 💎 There's a strong likelihood of a bullish movement initiating from the support level around $0.5742. With XRP having effectively broken out of the trading channel upwards, a resistance target near $0.9500 is within sights. 💎 Timing is crucial for astute Paradisers. Identifying the most favorable entry points during this upward trend is key. It's advisable to be cautious and avoid buying at the peak of the movement. 💎 Stay alert, as there's a possibility of XRP falling below the support level of $0.471. A drop beneath this crucial point might cast doubts on the sustainability of the upward trend.
Long
by MyCryptoParadise_Simon
UNI: Resistance BreakoutUniswap (UNI) technical analysis: Trade setup: Bullish breakout from Channel Down pattern was followed by a break above 200-day moving average ($5.00), which confirmed a bullish trend reversal to an Uptrend. Now the price is retesting that breakout level. Upside potential to $6.50 near-term, and if broken, price could revisit $7.50 thereafter. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody trading solutions. 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 $4.75 (previous resistance), then $4.00. The Nearest Resistance Zone is $5.50, which it broke, then $6.50.
Long
by altFINS
ETC/USDT Next Potential Move |🚀👀 Bullish or Bearish?💎 Paradisers, gear up for a promising trading opportunity with ETCUSDT. It's showing significant activity in the demand zone, which might signal a shift towards an upward trend. 💎 Ethereum Classic has been consistently following a trading channel pattern. Having already broken above this channel, we expect it to move towards a resistance level, followed by a prompt pullback, maintaining its established pattern. 💎 There's a high probability of a bullish trend initiating from the support level at around $16.79. With ETC having effectively exited the trading channel upwards, it's poised to challenge resistance levels near $26. 💎 Precise timing is crucial for the discerning Paradisers. Pinpointing the optimal entry points during this rising phase is essential, and it's advisable to avoid entering at the peak of the movement. 💎 Caution is warranted, as there's a possibility of ETC falling below the $16.79 support level. A drop below this pivotal mark might lead to doubts about the potential for a sustained upward trend.
Long
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 find support for a swing trade entry in Uptrend. How far could it pull back? 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%). We believe that $16.00-$16.70 looks like a more robust support area. 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 $18.3 (previous resistance), then $16.0. The nearest Resistance Zone is $22.0, then $26.0.
Long
by altFINS
MEME/USDT Potential for Bullish Rally? 👀🚀MEME Analysis 💎 Paradisers, brace yourselves for an intriguing trading opportunity with MEMEUSDT. The asset is currently showing notable activity in the demand zone, suggesting a shift towards an upward trajectory may be underway. 💎 MemeCoin has been following a trading channel pattern with precision. It has breached this channel upwards before, and we expect it to head towards a resistance level, then likely pull back quickly, in line with its historical channel pattern. 💎 There's a considerable chance of a bullish trend beginning from the support level at approximately $0.0235. Now that MEME has successfully broken out of the trading channel in an upward direction, we're looking at a potential resistance target around $0.040. 💎 Timeliness is key for savvy Paradisers. Pinpointing the most advantageous entry points during this upward trend is crucial. It's important to avoid entering at the peak of this movement. 💎 However, remain vigilant, as there is also a risk of MEME dropping below the support level of $0.0208. A decline below this pivotal point could lead to uncertainties regarding the continuation of the upward trend.
Long
by MyCryptoParadise_Simon
1
SKL/USDT Trading Outlook: Bullish Prospects in the Demand Zone💎 Paradisers, turn your attention to SKLUSDT, which is currently showcasing an intriguing pattern in a demand zone, indicating a strong potential for a bullish movement. 💎 Historically, Skale has demonstrated a tendency to break away from its descending trendline, leading to upward trends. With its current position in a demand zone, the likelihood of a bullish trajectory appears to be quite robust. 💎 The initial goal in this bullish scenario is to break through the supply level at .3513. Successfully surpassing this hurdle could open the door to challenging a significant supply level situated higher up. 💎 Conversely, if SKLUSDT falters in maintaining its upward trajectory, a tactical bullish approach from the .2671 demand level may be the prudent move. However, a drop below this critical point could set off a substantial bearish shift. Stay sharp and strategic in your trading decisions, Paradisers. Your ParadiseTeam is here to guide you through these market developments.
Long
by MyCryptoParadise_Simon
2
MKR Ready for an Explosive Bull Run? 🚀👀 MKR Analysis💎 Yello, Paradisers! gear up for an exciting trading opportunity with MKRUSDT. It's recently broken out of a descending channel, suggesting a potential move towards an upward trend. 💎 MKR has consistently followed a descending channel pattern. With its recent break above this channel, it's likely to move towards a resistance level before potentially retracting, adhering to its established pattern. 💎 There's a considerable chance of a bullish trend starting from the support level around $1400. MKR is now poised to target resistance levels in the vicinity of $1460. 💎 Timing is crucial for sharp Paradisers. Carefully determining the most favorable entry points during this upward move is essential. It's advisable to avoid entering at the peak of the trend. 💎 Exercise caution, as there's a risk of MKR falling below the $1380 support level. A drop below this key point could put the continuation of the upward trend in doubt.
Long
by MyCryptoParadise_Simon
BNB: Approaching ResistanceBinance (BNB) technical analysis: Trade setup : Trends are improving. Following a bullish breakout from Sideways Channel, price reached our target of $260. Price broke above 200-day moving average (~$242) and needs to break above $260 resistance zone to confirm Uptrend. If it does, it could revisit $300 next. 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 $220 (previous resistance), then $200. The nearest Resistance Zone is $260, which it broke, then $300.
Long
by altFINS
IMX: Resistance BreakoutTrade setup : After a brief consolidation phase around the $1.25 resistance price has broken above it to signal continuation of uptrend, with upside potential to $1.55 next. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.80 (previous resistance), then $0.55. The nearest Resistance Zone is $1.25, which it broke, then $1.55.
Long
by altFINS
SOL/USDT Likely to Go For a Correction? Solana Analysis💎 Yello, Paradisers! Let's focus on SOLUSDT – it's currently on an upward trajectory within an ascending channel, indicating the possibility of an adjustment due to an imminent supply zone. 💎 Of late, Solana has been consistently ascending within this channel. However, we may see a shift or correction soon. It's important to note that SOL is approaching a critical support level at $53.4. 💎 Beyond this level lies a significant supply zone, marked by an untouched Order Block (OB). Should SOL break below this support, it's likely to head towards the demand zone, as outlined in our charts. 💎 Elevate your trading strategy for Solana with ParadiseFamilyVIP. Gain deeper insights on SOL and other promising cryptocurrencies to enhance your approach to the crypto market.
Short
by MyCryptoParadise_Simon
2
DASH/USDT Breaking Descending Channel? DASH Analysis💎Paradisers, get ready for a potential trading prospect with DASHUSDT. It's currently exhibiting interesting activity within a descending channel, indicating a possible shift towards an upward trend. 💎DASH has been diligently tracing a descending channel pattern. Should it break above this channel, we anticipate it to target liquidity up to a resistance level, followed by a swift retraction, staying true to its channel pattern. 💎There's a strong likelihood of a bullish movement starting from the support mark around $33.5. Once DASH successfully exits the descending channel in an upward direction, it's expected to aim for resistance levels near $43.17. 💎 Timing is of the essence for astute Paradisers. Identifying the best entry points during this ascent is key, and it's wise to steer clear of entering at the height of the rise. 💎Be cautious, as there's also a chance of DASH descending below the $24.36 support level. A fall beneath this critical point may raise questions about the sustainability of the upward trend.
Long
by MyCryptoParadise_Simon
2
RNDR: Resistance BreakoutTrade setup : Trends have reversed to Uptrend after price broke back above $1.70 key level and above 200-day moving average. After pausing briefly, it broke above $2.50 resistance to signal continuation of Uptrend with upside potential to $3.30 near-term and possibly even $4.00 resistance thereafter. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $2.90 (previous resistance), then $2.50. The nearest Resistance Zone is $3.30, which it broke, then $4.00.
RLong
by altFINS
SOL: Pullback in UptrendSolana (SOL) technical analysis: Trade setup : Following a bullish breakout from Falling Wedge pattern, price rallied over 200% to $60 resistance where it paused briefly and broke through it. There was a Bearish RSI Divergence that formed after price made a Higher High but RSI made a Lower High. Price could pullback to $47 support area, which is close to a 50% Fibonacci retracement level as well. That could be an attractive swing trade entry in Uptrend. Price appears poised to continue its run and revisit $80 resistance. 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 $47 (previous resistance), then $38. The nearest Resistance Zone is $60, then $80.
Long
by altFINS
1
ARB/USDT Ready for an Explosive Journey? ARB Daily Analysis💎Yello, Paradisers take note as ARBUSDT displays a striking scenario at its resistance point, indicating a potential bullish departure from the Bullish Order Block (OB). 💎Arbitrum has recently pierced through its descending trendline, suggesting a climb is underway. It's currently facing a challenge at the 1.2624 resistance, yet the prospects for a bullish push originating from the Bullish OB are promising. 💎An additional bullish sign is ARBUSDT's sustained strength above the EMA100, adding weight to the optimistic scenario. 💎Nonetheless, traders should remain alert: a fall beneath the 0.940 level may signal a shift to bearish territory. Keep a close watch and strategize with prudence. 💎Refine your trading decisions for ARB with ParadiseFamilyVIP. Delve into our expert analyses on ARB and other potential tokens, refining your crypto approach.
Long
by MyCryptoParadise_Simon
AMP/USDT Ready for Potential Upward Journey? AMP Analysis 💎Yello, Paradisers take note as AMPUSDT displays a striking rejection at its resistance point, indicating a potential bullish departure from the Bullish Order Block (OB). 💎AMPUSDT has recently pierced through its descending trendline, suggesting a climb is underway. It's currently facing a challenge at the 0.00189 resistance, yet the prospects for a bullish push originating from the Bullish OB are promising. 💎An additional bullish sign is AMPUSDT's sustained strength above the EMA100, adding weight to the optimistic scenario. 💎Nonetheless, traders should remain alert: a fall beneath the .001496 level may signal a shift to bearish territory. Keep a close watch and strategize with prudence. 💎Refine your trading decisions for AMP with ParadiseFamilyVIP. Delve into our expert analyses on AMP and other potential tokens, refining your crypto approach.
Long
by MyCryptoParadise_Simon
SHIB: Resistance BreakoutShiba Inu (SHIB) technical analysis: Trade setup : Following a bullish breakout from Falling Wedge pattern, price has now finally also broken above $0.0000080 resistance and 200-day moving average, which confirms a bullish trend reversal to an Uptrend. Price has pulled back and is retesting that breakout level. This could be a swing entry opportunity in Uptrend with upside potential to $0.00001 next. Trend : Uptrend on Short- and Medium-Term basis and Downtrend 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 $0.0000080 (previous resistance), then $0.0000070. The nearest Resistance Zone is $0.0000100, then $0.0000120, and $0.00001200.
Long
by altFINS
WING/USDT Ready for Next Bullish Run? WING Analysis 💎Yello, Paradisers! get ready for an exciting phase with WINGUSDT as it shows a critical transition from resistance to support, suggesting a high probability of entering a bullish phase. 💎In its trading history, WINGUSDT has consistently demonstrated a tendency to break out of its descending channel, initiating an upward movement. 💎Presently, it has successfully crossed the resistance mark at 6.39. Coupled with its strong performance above the EMA100, this sets the stage for a likely bullish progression, pending a retest confirmation. 💎On the other hand, if WingFinance struggles to sustain its current trajectory and dips below the support during the retest, we might see a bullish approach from the demand level at 6.39. 💎However, if it falls below this crucial demand level, there's a risk of a significant downward movement to the lower level specified.
Long
by MyCryptoParadise_Simon
AAVE: Resistance BreakoutAAVE (AAVE) technical analysis: Trade setup : Following a bullish breakout from Channel Down pattern, price broke above 200-day moving average, which signaled a bullish trend reversal to an Uptrend. Price has also broken above $95 resistance, which is being retested now. Upside potential to $115. 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 $80 (previous resistance), then $65. The nearest Resistance Zone is $95, then $115.
Long
by altFINS
TPT/USDT Ready For Potential Bullish Journey? TPT Analysis 💎Paradisers, prepare for an exciting opportunity with TPTUSDT as it positions itself for a potential surge beyond its current descending channel. 💎Token Pocket has been consistently challenging a descending trendline, regularly facing off against resistance at key supply levels. The momentum is gathering pace, suggesting a strong likelihood for TPT to break through the supply barrier and move towards the next major supply zone. 💎If TPT encounters hurdles in breaking the supply level, a bullish resurgence from the current demand level is likely. This optimistic view is supported by an RSI divergence, which, upon closer inspection, indicates a bullish inclination. 💎Conversely, if TPT falls beneath the demand level, there could be a significant shift towards bearish territory, targeting the support level. It's essential to remain vigilant and closely monitor these pivotal levels as the situation unfolds.
Long
by MyCryptoParadise_Simon
SAND/USDT Had a Good Run 🚀| What's Next for SAND?💎Yello, Paradisers! turn your focus to SAND/USDT. We've spotted some compelling price dynamics. A standout observation is the rejection from the bearish OB, shedding light on the asset's potential direction. 💎From our latest analysis, SAND has successfully broken away from a descending trendline, setting its sights upward. We're currently anticipating two possible scenarios: 💎The Sandbox might undergo a slight retracement, finding support and bullish drive from the demand level at 0.3386, with an aim to challenge the bearish OB once more. 💎If SAND faces challenges in holding its ground above the .3936 demand mark, it's likely to seek bullish support from the .3386 demand zone. Yet, if it drops below this level, bearish movements could be on the horizon. 💎Always stay alert and craft your strategies based on these potential outcomes. Refine your trading decisions for SAND with ParadiseFamilyVIP.
Long
by MyCryptoParadise_Simon
SOL: Resistance BreakoutSolana (SOL) technical analysis: Trade setup : Trends have inflected to an Uptrend. Following a bullish breakout from Falling Wedge pattern, price rallied over 100% to $47 resistance and broke through it on the 2nd attempt. Even though it is overbought (RSI > 80), it appears poised to continue its run in the near term and revisit $60 resistance next. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance. Support and Resistance : Nearest Support Zone is $38 (previous resistance), then $25 – $30. The nearest Resistance Zone is $47 and $60.
Long
by altFINS
OP: Falling Wedge BreakoutTrade setup : Bullish breakout from Falling Wedge pattern, which was confirmed with break above $1.50 resistance and 200-day moving average, and signals a bullish trend reversal to an Uptrend. Price could revisit $1.80 resistance next. This Layer-2 protocol has benefited from the launch of Worldcoin (WLD) and Base layer-2 network, which are based on Optimism protocol. Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. 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 and then place a BUY order. Trend : Uptrend on Short- and Medium-Term basis and Downtrend 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 $1.20, then $0.90. The nearest Resistance Zone is $1.50, which it broke, then $1.80
Long
by altFINS