FULL TECHNICAL ANALYSIS FOR CRYPTO PAIR MATICUSDTHello my wonderful community !
I’m back again
I really appreciate you guys for reviewing my charts
Kindly like and comment on how you feel the market will go , I’m open to learn and communicate with other hardworking traders on here.
The colors for each line/zone
Monthly - Yellow
Weekly - Orange
Daily - Green
4H - Red
1H - Purple
My Monthly chart view:
Ever since 2022, price has been in a downtrend by making Lower highs and Lower lows.
Price breaks a major Support area and turns it to a dynamic resisitance areas.
Take note as price is in a range and respecting the newly formed monthly resistance line (1.2300 ) and support line (0.3600) in yellow
My Weekly chart view:
Going into the weekly TimeFrame, it is truly clear that bears has been in full control of price from mid 2022 until last quarter of 2024,Price is currently not making lower lows and has been ranging
Last week price has reached a strong support area that has been respected for years after being in a downtrend for weeks
My Daily chart view:
Price is in a downtrend after breaking the daily dynamic S/R in green (0.7400) and has approached the Monthly resistance line in yellow.
Looking for buy setups as price has respected that monthly support zone for a stipulated period.
My 4H chart view:
As we move into the smaller timeframe of the 4H period, the market seems to be clearer as we can see another formation of a dynamic S/R zone in red (0.4350) which i will set as my target when we go down further
My 1H chart view:
So I’ll go down into a smaller 1H timeframe and look for buy Setups as bulls seems to be coming in slowing and the formation of an inverse heads and shoulders pattern
To play safe, for me to feel comfortable in capturing a buy setup ,I’m looking for the break of the neckline of the inverse heads and shoulders pattern , cross of the EMAs and volume of bulls coming into the market to put the odds in my favor.
Avoid entry of any trade during any major news that will affect price and this is not financial advise -
NEWSCHOOLTRADER
Cryptoanalysis
FET Long Position (Bull Market Anticipation)Market Context: FET is demonstrating a shift in market structure, indicating the potential for an upward trend. As a strong AI-related asset, it is poised for the next leg up in the current bull market. We expect one final shakeout below the previous fake low, providing an optimal entry point for a long-term position.
Trade Setup:
Entry: Around $1.15.
Take Profit:
First target: $1.70
Second target: $2.00
Third target: $3.20
Stop Loss: Daily close below $0.95.
This setup allows us to capitalize on potential upward momentum while maintaining a manageable risk. #FET #Crypto #AI
DOGE at a Critical Juncture: Breakout Signals Potential RallyMarket Overview:
Dogecoin (DOGE/USD) has broken above a key diagonal trendline, suggesting a potential shift in its long-term trajectory.
The recent price action also includes a higher-high, and if a higher-low forms during the current pullback, it would solidify a short-term bullish trend.
Price Targets:
If the breakout holds, Dogecoin could target previous swing highs in the $0.13-$0.14 range.
Monitoring the volume profile is key, as strong buying volume will confirm the momentum of this breakout.
#Dogecoin #DOGE #CryptoAnalysis #BullishTrend #Breakout
#BNBUSDT Showing Signs of Weakness | Is it Time to Sell #BNB? Yello, Paradisers! Are we about to witness a major #BNB breakdown or a move upward? Let's discuss the latest analysis of #BinanceCoin:
💎#BNBUSDT has been showing clear signs of weakening bullish sentiment, much like Bitcoin. Recently, we observed a failed breakout from a key resistance zone, further strengthening the bearish outlook. Now, as #BinanceCoin approaches this major resistance again, there’s a real possibility it could fail to break through once more.
💎The diminishing trading volume and the Point of Control (POC) from the VRVP indicator acting as resistance increase the chances of a further drop. If #BNB fails to break the crucial resistance zone between $610-$637, it’s highly likely we will see a retest of the Bullish Order Block (OB) at $471.6.
💎However, should #BNB fail to hold at $471.6, the next major support zone to watch is at $387. This area is rich in liquidity and could create a strong opportunity for a pullback if tested.
💎On the flip side, if the symmetrical triangle’s lower support holds up well, we could see the bulls regaining control, potentially sparking a bullish rally. Keep in mind that the overall market sentiment, along with Bitcoin’s price movements, will play a key role in determining #BNB’s next move.
If you want to be consistently profitable, you need to be extremely patient and always wait for high-probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
FET/USDT Structure Shifted BearishLooks like we're in for a major drop! The market structure is signaling strong bearish momentum—be cautious if you're holding. 📉
Could see some massive corrections coming. Stay alert and trade smart! 💡
#Crypto #FETUSDT #BearishTrend #MarketUpdate #TradingAlert #CryptoAnalysis
Hamster Combat (HMSTR) Analysis: Acc, Dist & Whale Activity
💡 Overview :
Hamster Combat BITGET:HMSTRUSDT.P is currently presenting some strong opportunities for both accumulation and distribution . Based on key technical indicators and on-chain analysis, we have identified significant support zones for buying, as well as resistance levels for taking profits.
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Price and Market Dynamics:
📊 Current Price Levels : HMSTR has recently traded between $0.0045 and $0.0065 , showing that the market is cycling between accumulation (buying) and distribution (selling).
- Accumulation Zone : This is where buyers are entering the market, typically in the price range of $0.0045 - $0.0055 . This zone is a support level , meaning the price tends to bounce off these levels because there is high buying demand.
- Distribution Zone : This is where sellers (including large holders or whales) are exiting their positions, pushing the price down. For HMSTR, this zone lies at $0.0060 and above . This is a resistance level , meaning that as the price rises, it tends to hit this ceiling and fall back down due to increased selling pressure.
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📈 Accumulation Strategy:
- When to Buy : Accumulate HMSTR in the range of $0.0045 to $0.0055 , where it's supported by buy orders and the market sees it as undervalued.
- Why this matters : This is a low-risk entry point because the downside is limited by the strong support here.
- How to do it : Place buy orders in the accumulation zone and plan to hold through the coming upward move.
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### 📉 Distribution Strategy:
- When to Sell : The distribution zone lies at **$0.0065 and above**, where whales start to exit their positions. If you're holding, this is an ideal zone to take profits .
- Why this matters : Selling in this zone locks in profits before the price faces resistance and selling pressure pushes it back down.
- How to do it : Sell a portion of your holdings as the price approaches $0.0065 - $0.0070 , where we see heavy whale activity.
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### 🐋 Whale Activity:
- Whales (large holders) have been accumulating between $0.0050 and $0.0060 , signaling their belief in the asset's long-term value. When whales accumulate, it typically means they expect the price to rise.
- However, whale outflows are being observed near $0.0070 , meaning these large holders are taking profits here. This creates strong resistance at that level.
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⚙️ Key Technical Indicators:
1. MVRV Ratio (Market Value to Realized Value) :
- Low MVRV signals that HMSTR is undervalued , a prime accumulation opportunity.
- Action : Buy when MVRV is low for long-term growth.
2. NVT Ratio (Network Value to Transaction Volume) :
- A declining NVT means the network is growing faster than the transaction volume, often signaling a bullish market.
- Action : Look for long positions as network strength increases.
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📊 Take Profit and Stop Loss Levels:
- Take Profit :
- Short-Term : Sell at $0.0065 (previous resistance).
- Medium-Term : Sell more at $0.0070 (whale exit point).
- Stop Loss :
- Conservative traders should place a stop loss at $0.0047 .
- Aggressive traders can place it at $0.0050 for tighter risk control.
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Derivatives and Open Interest Analysis 📈:
- Open Interest is rising, indicating that more traders are entering the market, particularly in the derivatives space .
- Positive funding rates further suggest that long positions are dominating .
- Action : Expect potential price volatility due to this interest; ensure you're managing risk with stop losses and setting take profits at key resistance zones.
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Mini Report:
Hamster Combat (HMSTR) is showing clear accumulation and distribution patterns based on whale activity and technical indicators. Accumulation is ideal between $0.0045 and $0.0055 , where whales and long-term holders are buying in. The distribution zone begins around $0.0065 , with selling pressure intensifying near $0.0070 due to whale outflows.
Key technical indicators, such as the MVRV Ratio (signaling undervaluation) and the NVT Ratio (reflecting network growth), support a bullish outlook in the short term. However, risk management is essential, with stop losses recommended at $0.0047 for conservative traders.
Actions Explained: :
- 📉 Accumulation (Buying) : This is when you want to enter at lower prices, like the $0.0045 to $0.0055 range, because the market sees value here. The price is supported, and there's more buying pressure.
- 📈 Distribution (Selling) : Here’s where you take profits as the price hits $0.0065 - $0.0070 because whales are selling, creating resistance.
- 🐋 Whale Activity : Whales are big players who can move markets. When they accumulate, it’s a bullish signal, but when they sell at $0.0070 , it creates resistance .
- 💰 Take Profits and 🛑 Stop Losses : Set take profits at key resistance points to lock in gains and use stop losses to protect yourself from market drops.
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This detailed plan, backed by on-chain data and whale activity, offers a roadmap for navigating the HMSTR market. 📊 Follow the price zones and manage your risk , and you'll be set up for a successful trade... TradeGod_1111...
AVAX Long Spot Position (Support Entry)Market Context: AVAX has retraced to a key support level between $23.00 and $25.50, offering a strategic entry point for a long trade as it shows potential for a bounce.
Trade Setup:
Entry: In the current $23.00 - $25.50 level of support.
Take Profit:
First target: $30.50 - $33.00
Second target: $39.00 - $41.50
Stop Loss: Just below $24.50.
This trade aims to leverage the support level for a potential upward movement, maintaining a favorable risk-reward ratio. #AVAX #SupportTrade
AR Long Spot Position (Support Entry)Market Context: AR has retraced to a significant area of support between $18.00 and $20.00, creating a favorable opportunity for a long trade. This setup looks promising if the support holds.
Trade Setup:
Entry: In the current $18.00 - $20.00 area of support.
Take Profit:
First target: $24.00 - $26.50
Second target: $32.00 - $35.00
Stop Loss: Around $16.00.
This trade aims to capitalize on the bounce from support, providing a structured risk-reward profile. #AR #SupportTrade
Has #BAL Hit Bottom, or Is There More Downside Ahead? Watch OutYello, Paradisers! Are you ready for what could be a huge move on #BAL? Let's discuss the latest analysis of #Balancer to see what's happening:
💎#BALUSDT is currently showing strong signs of a bullish continuation, holding steady at the critical support level around $1.76. We’ve been closely tracking Balancer’s journey within a Descending Broadening Wedge pattern, and now it's making a move to break through that descending resistance line.
💎Volume has been solid for a while now, and just two months ago, GETTEX:BAL made its all-time low. You know the saying, "Once we hit the bottom, the only place left to go is up!" sounds completely true in this scenario.
💎If GETTEX:BAL maintains its strength at this level, we could be on the brink of a significant rally, following past bullish trends. A breakout above the $2.57-$3.07 resistance zone could pave the way for higher targets and potentially new highs.
💎However, If momentum fades around this critical support, a pullback to the lower demand area near $1.533 could be on the cards. A daily close below this demand area would invalidate our bullish outlook and could signal further downside ahead.
Stay vigilant, Paradisers, and closely monitor #BAL's price action.
MyCryptoParadise
iFeel the success🌴
APT Long Spot Position (Inverse Head and Shoulders Breakout)Market Context: APT is breaking out from an inverse head and shoulders pattern, holding the 200 EMA as support while flipping previous resistance. The key resistance level to clear is $9.8, which could trigger rapid price expansion.
Trade Setup:
Entry: Dollar-cost average (DCA) between $8 and $6.8.
Take Profit:
First target: $9.8
Second target: $12
Third target: $14
Stop Loss: Daily close under $6.
This setup looks solid for a breakout continuation if resistance is cleared. #APT #Crypto
Is #KAVA on the Brink of a Massive Breakout? Don’t Miss ThisYello, Paradisers! Is this the moment we’ve been waiting for the #KAVAUSDT? Let's look at the latest analysis of the #KAVA and see what's happening:
💎#Kava is currently compressed within a falling wedge pattern, building up momentum for a potential bullish breakout.
💎If the bulls muster enough strength, we could see KAVAUSDT break free from this formation, potentially igniting a powerful bullish wave. The price may surge toward the internal resistance zone around $0.388 if this trend continues. We might even see momentum push toward a major resistance level if momentum persists!
💎But caution is essential. If the bulls can’t deliver the necessary momentum, we might see KAVA slipping toward the lower support zone at $0.23–$0.25 as it hunts for liquidity.
💎If this critical support zone also fails, bearish pressure could increase, leading to a further decline.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Is #NOTUSDT About to Explode or Plunge? Key Levels to WatchYello Paradisers! Are you ready for what could be a game-changing move in #NOTUSDT? Let's look at the latest analysis of the #NOT and see what's happening:
💎Currently, #Notcoin is tightly coiled within a falling wedge, a classic pattern that often signals a massive bullish breakout. Let's see what could be the next probable moves for the asset.
💎If the bulls gather enough strength, we could soon see a breakout from this formation that could ignite a powerful upward wave. Our first target? The bearish order block (OB) at $0.012. If momentum holds, we could even see a push toward the major resistance level beyond that.
💎But let's not get ahead of ourselves. Caution is crucial. Should the bulls fail to muster the necessary force, we could be looking at a slide toward the lower support zone between $0.0057 and $0.0071 as it hunts for liquidity.
💎And remember, if the major support zone doesn't hold, then the selling pressure will only increase, potentially driving GETTEX:NOT further down.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Will #ALICEUSDT Break Out or Break Down? Key Levels to WatchYello, Paradisers! Are you ready for what could be a game-changing move on #ALICEUSDT? Let's look at the latest analysis of #ALICE:
💎We've been keeping a close watch on #MyNeighborAlice as it forms a falling wedge pattern, and right now, it's trying to break free from this formation. A breakout could set the stage for a major bullish run, but there are some critical levels you need to keep an eye on.
💎Currently, #ALICEUSDT is holding steady above a critical demand zone at $0.846. If this support holds and we see a bullish breakout from the wedge, the next immediate target to watch is the internal minor resistance at $1.23.
💎A solid move above this level could signal a strong bullish rally, opening the door for even greater gains and pushing toward higher resistance zones.
💎But remember, the market is full of surprises. If the bullish momentum weakens around the demand zone, we could see a pullback to the lower demand area near $0.70. A daily close below this area could invalidate our bullish outlook and potentially lead to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
Will #TOKEN Follow Bitcoin's Relief Rally or Not? Key Levels Yello! Are we about to witness a major bullish rally for #TOKENUSDT, or is a sharp reversal lurking around? Let's dive into the detailed analysis of #TokenFi:
💎#TOKENUSDT is currently showing promising signs of a bullish continuation, holding firm at a critical support level around $0.0455. We've been closely monitoring #TokenFi's progress within a Descending Broadening Wedge pattern, and it's now attempting to break above the descending resistance line.
💎If $TOKEN maintains strength at this level, we could be on the brink of a significant rally, echoing past bullish trends. A clean breakout above the key resistance zone of $0.068-$0.081 could open the gates for a run toward higher resistance levels and potentially even new highs.
💎But here's the catch: caution is essential. If momentum weakens around this critical support, we could see a pullback to the lower demand area near $0.036.
💎A daily close below this demand area would invalidate our bullish outlook and could indicate further declines ahead.
Stay vigilant, Paradisers, and keep a close eye on #TOKEN's price action.
MyCryptoParadise
iFeel the success🌴
Is #IMXUSDT on the Edge of Major Breakout? What You Should KnowYello, Paradisers! Are we about to witness a massive bullish rally of the #IMX or pullback could be on the horizon? Let’s break down the #Immutable's price action:
💎#IMXUSDT is showing strong potential for a bullish continuation as it hovers above a critical demand zone at $1.22. We've been closely monitoring #Immutable as it moves through a falling wedge pattern—a setup that often signals an imminent breakout. The next target in sight? The internal minor resistance at $2.02.
💎If #IMX holds strong at this resistance, we could be on the cusp of a significant bullish rally, reminiscent of past explosive market moves. A successful breakout above the key resistance at $2.02 could open the doors to higher resistance zones, potentially driving the price even further.
💎However, caution is crucial here. If momentum weakens at this critical demand zone, we might see a pullback to the lower demand area, ranging between $0.90 - $1.02.
💎Stay vigilant and closely watch the CRYPTOCAP:IMX price action. A daily close below this demand area could invalidate the bullish outlook and pave the way for further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
#RUNEUSDT Ready for a Major Breakout From the Falling WedgeYello Paradisers! Are you prepared for what could be a game-changing move of the #RUNE? Let's look at the latest analysis of #THORChain:
💎#RUNE is currently showing strong potential for a bullish continuation from a critical support zone at $3.50. We've been closely monitoring #THORChain as it follows a falling wedge pattern, and it now seems poised to break above the descending resistance line. The internal resistance at $5.43 is the next key target for #RUNE.
💎If #RUNEUSDT holds firm at this level, we might be on the brink of a significant bullish rally, reminiscent of previous market moves. A breakout above the crucial resistance at $5.43 could set the stage for a push towards the next resistance zones, potentially taking us even higher.
💎However, it's crucial to exercise caution. If momentum weakens at this critical support, we could see a pullback to the lower support area around $2.53-$2.78.
💎Stay vigilant and keep a close watch on CRYPTOCAP:RUNE 's price action. A daily close below this demand area could invalidate the bullish scenario and open the door to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
#PEOPLE On the Edge of a Breakout or Another Rejection Coming? Yello, Paradisers! Are you ready to see where #PEOPLE is headed next? We've been watching #PEOPLEUSDT one closely, and the tension is building:
💎#ConstitutionDAO is trading within a triangle pattern, successfully holding its support zone despite several attempts to break it. Now, all eyes are on #ConstitutionDAO as it attempts to break above the descending resistance, signaling a possible bullish breakout.
💎The key resistance level to watch is $0.080. If #PEOPLEUSDT can hold its ground here, we might witness a significant bullish rally, similar to previous upward trends. But there's a catch—if momentum fails to carry us past this level, we could see a drop.
💎In the event of a pullback, the lower major support area around $0.043-$0.048 could be our next line of defense, with a potential bullish rebound from that zone. However, this is a critical juncture, Paradisers. Staying vigilant is non-negotiable.
💎Pay close attention to the demand area around $0.033. A daily close below this zone could invalidate the bullish outlook, opening the door to further declines.
Stay focused, patient, and disciplined, Paradisers!!
MyCryptoParadise
iFeel the success🌴
Is #RSRUSDT on the Brink of a Bullish Explosion? Key InsightsYello, Paradisers! 🌟 Could #RSRUSDT be setting the stage for a major breakout? Let's look at the latest analysis of the #ReserveRights:
💎We've been keeping a close eye on Reserve Rights, and the signals are pointing to a potential bullish continuation from the support zone at $0.0038.
💎After following a falling wedge for quite some time, #RSR has now broken above the descending resistance, and it's setting its sights on the next key level—the resistance at $0.0060. If RSR holds steady here, we could see a powerful rally, much like what we've observed in past trends.
💎But here's the crucial part: if momentum falters at this support level, there's a chance we might witness a dip, with a potential bullish rebound from the lower demand area between $0.0029 and $0.0032. This moment is pivotal, Paradisers—your vigilance is essential.
💎Keep a close watch on the price action, especially around the demand zone. A daily closure below this area could invalidate the bullish scenario and lead to further declines.
Stay focused, patient, and disciplined paradisers
MyCryptoParadise
iFeel the success🌴
IMX Long Spot Position (Support After Breakout)Market Context: IMX is showing strong performance following a breakout and is currently sitting on support. The moving averages are trending upwards, indicating bullish momentum.
Trade Setup:
Entry: Enter a trade around $1.733.
Take Profit:
First target: $2
Second target: $2.5
Stop Loss: Below $1.5
⚡ This setup looks promising for a bullish move. #IMX #Crypto
Ethereum's Price Action Approaches Critical Resistance ZoneCurrent Situation:
Ethereum's price action is at a critical juncture, pushing into the former-support-turned-resistance zone of $2,600-$2,900.
A break above this zone would strongly suggest that a significant low has been established.
Technical Analysis:
Ethereum is also attempting to re-enter the descending price channel that has characterized much of the year’s correction.
If this movement turns out to be a false breakdown, we could witness a sharp, explosive rally, reinforcing the adage, “From false moves, come fast moves.”
Market Comparison:
In comparing Ethereum to silver and Bitcoin to gold, it's noted that Ethereum tends to act as a leveraged position relative to Bitcoin.
If a genuine crypto rally is beginning, Ethereum is likely to surge quickly, reflecting silver's historical performance relative to gold.
#Ethereum #CryptoAnalysis #ResistanceZone #MarketTrends #TechnicalAnalysis #CryptoRally
#JASMY Breaks Out of the Falling Wedge: What's Next?Yello, Paradisers! Are you ready for what's brewing with #JASMYUSDT? The #JasmyCoin is at a crucial tipping point and about to explode:
💎Currently, #JASMY is sitting at a key demand zone of $0.0245, forming a Falling Wedge pattern. This could be the calm before the storm. A potential breakout above this level might signal a major momentum shift in favor of the bulls. If the demand holds, brace yourself for a strong bullish move that could catch many off-guard.
💎For the bullish scenario to play out, #JasmyCoin must break above $0.0245. If it does, the next target is the internal resistance zone at $0.0298. At this level, we could see a significant rally, so it's crucial to keep an eye on it.
💎However, we can't afford to get too comfortable just yet. If the demand zone doesn't hold, the price could pull back to the lower support area around $0.0201. And if that level breaks too, the next critical demand zone to watch will be $0.0178.
💎A daily close below $0.0178 would invalidate the bullish outlook and might signal a deeper correction. Stay alert, as the market could turn quickly.
Patience and discipline are the keys in navigating these market conditions.
MyCryptoParadise
iFeel the success🌴
Is #THETA About to Make a Massive Move After the Breakout?Yello, Paradisers! Could this be the moment we've been waiting for the #THETAUSDT? Let's analyze #ThetaToken to see what's happening:
💎#THETA is showing strong signs of a potential bullish continuation from the crucial bullish order block at $1.20. We’ve seen the price maintaining solid momentum above the EMA, which signals that bulls are firmly in control, increasing the probability of an upward push 📈.
💎For some time now, MYX:THETA has respected a descending resistance. But recently, after breaking above this key level, momentum has been building at the $1.20 support. If the price continues to hold strong here, we could witness a bullish rally beyond the internal resistance at $1.61.
💎However, don't get complacent—there’s always the possibility that the momentum weakens. If the bulls fail to defend this key support, we might see a dip down to the lower support around $1.05 before a potential rebound. This would put the entire bullish setup in jeopardy.
💎If there’s a daily close below the $1.05 support, it could invalidate the bullish outlook, leading to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
#ENJ Getting Ready for a Major Move | Key Levels to WatchYello, Paradisers! Are you ready for what could be a major move in the #ENJ market? Let's discuss the latest analysis of #EnjinCoin:
💎We’re seeing a strong potential for a bullish continuation from a critical support zone at $0.132. For those tracking #ENJUSDT, the setup looks promising—#EnjinCoin is showing signs of preparing for a bullish breakout from the descending channel formation, and it could take off soon.
💎Currently, #ENJ is following this descending channel pattern, and if a breakout occurs, we could see prices soar. The first key target after a breakout is the minor resistance at $0.232. If #ENJ manages to hold steady above $0.132, we might be on the verge of a significant rally.
💎In the past, we’ve seen similar setups lead to explosive moves, and a breakout above the critical $0.232 resistance could open the door to even higher resistance zones.
💎But let’s not forget—caution is crucial. If momentum weakens near this key demand zone, we could see a pullback to the lower demand area around $0.113. A daily close below $0.113 would invalidate this bullish setup and could lead to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴