MKRUSDT Losing Momentum and Ready for More Downward Move? Yello, Paradisers! Are you ready for a high-stakes scenario with #MKRUSDT? We have analyzed the asset and it seems ready for more downward move:
💎There's a strong likelihood of a bearish continuation as the #MKR heads to retest its key support at $2088 within the descending channel. This level has held up so far, but the fading trading volume and 3 times rejections from the channel's upper level hint at a further price drop toward the highlighted demand zone.
💎If #MKR breaks the support level at $2088, we expect a retest of the demand zone below this level due to the continuous selling pressure.
💎However, if #MakerDAO does not break below the $2088 support and instead climbs, the retest of the descending resistance of the channel and the Bearish Order Block (OB) above it is possible. This zone has consistently attracted heavy selling pressure and will likely drive the price further down once touched.
💎Should #MKR revisit this critical demand zone, securing a rebound is vital. Failure to recover here could fuel bullish momentum and increase the chances of a breakout from the current descending channel. This move will automatically invalidate the short scenario.
Stay disciplined and focused on your trading strategy. If you master these principles, you will already be ahead of most traders.
MyCryptoParadise
iFeel the success🌴
Cryptosignals
Is ARKMUSDT Poised for a Bullish Reversal? Yello, Paradisers! Are you ready for a potential game-changer in ARKMUSDT? The cryptocurrency is approaching a critical support zone at $1.696, and the signs are looking promising for an upward swing.
💎Currently, ARKM is testing this support level, showing signs of a potential bullish reversal. If it can sustain this momentum, we might witness a successful retest of the support level, leading to a break through the supply area. This could pave the way for a challenge against even stronger resistance zones ahead. Patience is key here; waiting for a definitive retest and momentum build at the support level will ensure you’re making informed trading decisions.
💎As experienced $ARKM traders know, navigating the cryptocurrency market is like playing a strategic game. While the current bullish momentum appears promising, it’s crucial to have a Plan B. If ARKM fails to maintain its momentum and starts to decline, look for a rally from the lower demand level at $1.618. If $ARKM drops below this secondary demand level, it’s a signal to reassess your strategy. Be prepared to adjust your bullish outlook and modify your trading tactics to align with the evolving market conditions.
💎Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Be disciplined with your trading strategy, and keep mastering your willpower. If you just do this, you will already be 80% better than everyone else.
Stay sharp, stay focused, and as always, trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
BTC → it will touch the $85Khello guys...
the chart shows a forming head and shoulders pattern! a double one!
I think it will touch the gray area to form the next double right shoulders, afterwards, it will reach the neckline level (I've shown it as a dashed-line)!
if the dashed line breaks up the price will touch the $85k level!
let's see!
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
ORNUSDT Will It Hold the Line or Break Down Further?Yello, Paradisers! Are you prepared for the next big move in #ORNUSDT?
💎#ORN is currently moving within an ascending pattern, signaling that the price might test the demand area at $1.58 before attempting to break through the resistance at $1.87. The last time ORN attempted a breakout, it ended in a fakeout, leading to a significant downward movement. For a continued upward movement to our target strong resistance area, a breakout of the $1.87 resistance is crucial.
💎However, if ORN fails to show strength when testing the demand area and breaks the support trendline, we could see the price continue downward toward the strong demand area between $1.29 and $1.13.
💎Historically, ORN has always rebounded and reversed upwards upon hitting this strong demand area. If this scenario plays out again, there's a good chance the price will rebound and attempt another breakout of the resistance area.
💎On the flip side, if the price breaks through the strong demand area, it would invalidate the bullish scenario and likely result in a further dip.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
Token name from you, Analysis with me(6/22/2024)Hi everyone, I hope you have a great weekend.
Last week, this type of post was well received; as I said, I will share a post for your Altcoin analysis request , where you write the Project name and Token symbol in the comment section, and I will then share the token analysis with you.
Please pay attention to the conditions.
For example , write Bitcoin(BTC) in the comment.
Project name : Bitcoin
Token symbol : BTC
A maximum of 20 tokens will be analyzed for you.
Each follower, please register only 1 analysis request in the comment section.
Your token analysis will be shared below your comment .
I hope you are always healthy first and then rich.
Please do not forget the ✅' like(More energy for me) '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
LayerZero(ZRO) is Ready to Go UPLayerZero(ZRO) has been listed on various exchanges for less than 3 days, and it has been trending downward due to the Airdrop that LayerZero(ZRO) had.
What is LayerZero(ZRO)!?
LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness. It is a “blockchain of blockchains” that allows other blockchain networks to communicate directly and in a trustless manner.
From the point of view of Classical Technical Analysis , LayerZero(ZRO) seems to have created two Reversal patterns : an I nverse Head-and-Shoulders Pattern and a Falling Wedge Pattern .
I expect LayerZero(ZRO) to rise at least until the next Resistance zone($3.67_$3.50) after breaking the Neckline and Resistance zone($3.17_$3.08) .
Note: An important point you should always remember is capital management and lack of greed.
LayerZero Analyze (ZROUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GameStop(GME) is Ready for Correction==>-80%Today, I came back with the GameStop(GME) project. I don't know if you were able to profit from the previous analysis because the GameStop(GME) project has made more than ➕800% profit .
But today I want to say that we have to wait for correction .
GameStop(GME) has succeeded in breaking the Resistance zone . But the probability of break is fake ( bull trap ).
According to the theory of Elliott waves , the GameStop(GME) has succeeded in completing its 5 impulse waves , and we should wait for corrective waves .
Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
I expect the GameStop(GME) to correct around ➖80% after coming below the Resistance zone.
Note: An important point you should always remember is capital management and lack of greed.
GameStop Analyze (GMEUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BLZUSDT Are You Ready for a Major Move? Yello, Paradisers! Is #BLZUSDT about to plummet or skyrocket? Let's dive into the key levels and probabilities you need to know!
💎#BLZ is showing signs of retracing to the support zone in the $0.215 - $0.2 area after failing to break the supply zone and experiencing a hard rejection. This loss of momentum suggests may need to revisit the support zone to regain strength for a new move.
💎If BLZ successfully breaks out without revisiting the support zone, we could see a significant bullish momentum, pushing the price upwards to achieve high-probability targets.
💎However, if BLZ revisits the support zone but fails to sustain it, breaking below $0.2, this could be a bearish signal. The price may continue downward towards the next target area around the Bullish Order Block (OB) at $0.183.
💎Should BLZ hit the OB at $0.183, a reversal could occur due to large orders in that area. However, confirmation is needed. BLZ must reclaim the support zone above $0.215 to align with our bullish plan.
💎If BLZ breaks below the OB at $0.183, this would be a strong bearish signal, invalidating the bullish scenario and increasing the probability of further dips.
Stay vigilant, Paradisers! The next moves in BLZ will determine if we see a bullish surge or a bearish plunge. Discipline and strategic planning are crucial. Trade smart and stay focused!
MyCryptoParadise
iFeel the success🌴
zkSync(ZK) will Drop at least -10%The airdrop of the zkSync(ZK) project was done less than 3 days ago.
The ZK token, which was recently airdropped by zkSync, saw a massive sell-off. Almost half of the original recipients sold their entire token allocation, causing the price of this token to fall by more than -30% within a day. Despite complaints about unfair distribution, data shows that almost half a million wallets have received their share of tokens.
What is zkSync(ZK)!?
zkSync Era is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech. Our mission is not only to merely increase Ethereum's throughput, but to fully preserve its foundational values – freedom, self-sovereignty, decentralization – at scale.
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zkSync(ZK) succeeded in breaking the lower line of the Parallel Channel and Support zone($0.2170_$0.2100).
I expect zkSync(ZK) to drop at least -10% and continue to drop at least until the Support zone($0.1970_$0.1850).
Note: An important point you should always remember is capital management and lack of greed.
zkSync Analyze (ZKUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NEARUSDT Will It Rebound or Dive? Critical Levels to Watch!Yello, Paradisers! Are you ready to see if #NEARUSDT can bounce back or if it will continue to plunge? Let's dive into the latest analysis and what you need to watch out for.
💎#NEAR has shown a rebound from the support zone, suggesting a potential reversal back to an upward movement if it successfully breaks out above the resistance area at 5.860. If this scenario plays out, we could see a significant rise towards our target at the strong resistance area.
💎However, if NEAR fails to break through the resistance, we might see a rejection and a return to the support zone between 4.6 and 4.3. Should NEAR break this support zone, it could signal a further decline towards the next target area at the Bullish Order Block (OB) around 3.6.
💎A reversal is probable when hitting the OB due to large orders there, but confirmation is needed. If NEAR successfully reclaims the support zone above 4.6, there's still a chance to follow our plan.
💎However, if NEAR also breaks the OB area, this is a bearish sign, invalidating the bullish scenario. The highest probability then would be a deeper dip.
Treat the market as a businessman, not as a gambler. Stay focused, patient, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
Is FRONTUSDT looking for another leg down?EnF Breakout Strategy signaled SELL on FRONTUSDT
See idea for breakout entry, targets and stoploss
Only enter the trade when the price breaks below entry
Check out more on the script:
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COMPUSDT on the Verge of a Major Move – Are You Ready?Yello, Paradisers! Are you prepared for a potential big move in #COMPUSDT? Here's why you need to keep a close eye on this one right now.
💎 #COMP is showing promising signs of rebounding from a strong support area. If this upward trajectory continues, we could see a test of the descending resistance area soon. A successful breakout above this descending resistance could ignite a bullish momentum, potentially driving the price significantly higher.
💎Our first target is the resistance level around $66. Should COMP break through this area, there is a high probability it will reach our target strong resistance level.
💎However, if COMP fails to show strong signs at the support and merely moves sideways for a few days, this could spell trouble. A break below the strong support level would invalidate the bullish outlook and indicate a bearish continuation, driving the price further down.
It's crucial to be patient and wait for the best, highest probability trading opportunities. Remember, disciplined trading is the key to long-term success.
MyCryptoParadise
iFeel the success🌴