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PHB/USDT Break the key level area. Ready to continue move ??💎 PHB has undeniably garnered significant attention in the market. Currently, it has successfully broken out of the key supply area after a perfect bounce from the demand at $0.652. 💎 There's a possibility of a retesting phase at the demand area of $0.787, which was previously a supply zone, continuing the upward movement. However, considering the historical false breakout of the supply on November 12, sustaining the demand is crucial to maintaining the upward momentum and probability reaching our target supply area and major supply zone. 💎 But if PHB fails to sustain and experiences another false breakout, it may retreat to the demand area at $0.652 or even break down below this level. In such a scenario, PHB confirms a shift back to a bearish trend, potentially continuing the downward movement towards the strong support area.
by MyCryptoParadise
2
DUSK/USDT If Bitcoin Stay, Possible Dusk will be continue upward💎 DUSK has undeniably captured significant attention in the market. Currently, DUSK is in the retesting phase at the demand area, which was previously the supply area. The daily candle close reveals a bullish hammer rejection candle at the demand zone, indicating a potential bounce from this level and a probability continuation of the upward movement toward our target area. 💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, DUSK fails to maintain its position and undergoes a breakdown. In such a case, DUSK may retreat to the next lower demand area, requiring a bounce and reclamation of the demand level before deciding on further upward or downward movement toward a strong support area.
by MyCryptoParadise
CELR/USDT Perfect Bounce, Ready to breakout or rejected ??💎 CELR has undeniably captured significant attention in the market. Currently confronting a formidable supply area, CELR needs to overcome this resistance to sustain its upward trajectory. Notably, there has been a perfect bounce from the demand area, hinting at the potential for a breakout from the resistance in the near future. Success in breaking through the supply zone, probability could lead to a substantial upward movement, reaching our target area. 💎 On the flip side, if CELR fails to breach the resistance in the coming sessions, there is a possibility of a retracement, with CELR revisiting the demand area. 💎 The bad scenario is confirmed if, during the retesting phase at the demand area, CELR fails to maintain its position and undergoes a breakdown. In such a case, CELR may revert to a bearish movement, potentially retracing to the strong demand area.
by MyCryptoParadise
1
RDNT/USDT Perfect Bounce. Ready to break out the key area ??💎 RDNT has undeniably attracted significant attention in the market. After a perfect bounce from the demand area, marked by a bullish candle rejection and a subsequent strong green candle, RDNT is poised to attempt another breakout of the $0.302 supply area, following its unsuccessful attempt on November 10. A successful break above this supply zone, probability could pave the way for RDNT to effortlessly reach our target in the major supply area. 💎 However, if RDNT encounters resistance in the supply area and consolidates sideways, there's a potential for a downward movement, prompting a retest of the demand zone to generate new momentum. 💎 The bad scenario is confirmed if, during the retesting phase at the demand area, RDNT fails to maintain its position and undergoes a breakdown. In such a case, RDNT may revert to a bearish trend, potentially retracing to the key support area.
by MyCryptoParadise
RLC/USDT It required Break out the resistance or rejected ??💎 RLC has undeniably garnered significant attention in the market. Currently facing resistance, RLC needs to break out of this level to sustain its upward trajectory. The perfect bounce observed from the demand area suggests a potential breakout of the resistance in the near future, the probability an easy movement toward our target area. 💎 However, if RLC struggles to break the resistance, there's a possibility of a retracement, with RLC returning to test the demand area multiple times. 💎 The bad scenario is confirmed if, during the retesting phase at the demand area, RLC fails to maintain its position and undergoes a breakdown. In such a case, RLC may shift to a bearish trend, potentially retracing to the strong support area.
by MyCryptoParadise
1
BOND/USDT Break out the descending channel. Continue Upward ???💎 BOND is currently a standout in the market, having achieved a breakout from a descending channel pattern. It's now moving into a retesting phase at the resistance trendline, a pivotal moment for its next market move. 💎 Should BOND successfully complete this retest, we could see a continuation of its upward trajectory, aiming for a significant resistance area that we've been targeting. 💎 However, if BOND fails to affirm its breakout during the retest at the resistance trendline, it might suggest a false breakout. In this case, BOND could retreat back to the demand zone. 💎 A key aspect to monitor is BOND's behavior in the demand area. If it fails to demonstrate a strong recovery and only manages to consolidate, this could indicate a weakening demand. Such a scenario could see BOND transitioning into a bearish phase, potentially moving downwards towards a more substantial support area.
B
by MyCryptoParadise
2
YFI/USDT upward momentum from support? 👀🚀YFI Today Analysis💎 Paradisers, let's turn our attention to #YFIUSDT, which is currently exhibiting intriguing market behavior. Positioned near a critical resistance level, it's expected to demonstrate a bullish trend, especially following a potential rejection at this juncture. 💎 Observing #YFI adherence to a descending trendline, we're inclined to anticipate a bullish continuation from the support level of $7629. Should YFI successfully uphold its bullish momentum, it may set its sights on tackling the more formidable resistance at $15924. 💎 Nonetheless, in the ever-fluctuating landscape of the cryptocurrency market, readiness for a spectrum of outcomes is essential. If #YFI finds it challenging to hold above the $7629 support, a strategic shift might become necessary. This could involve preparing for a bullish resurgence from a lower support level, specifically around $6563. Crucially, a descent below this secondary support could be indicative of a shift towards a bearish market trend.
Long
by MyCryptoParadise_Simon
1
MANA/USDT bullish continuation from demand? 👀🚀MANA Analysis💎 Paradisers, focus your attention on #MANAUSDT, as it's currently showing promising signs. The asset is in a position that strongly suggests a bullish continuation from its current demand zone. 💎 Observing #MANA recent behavior, we noted a rejection at the resistance level of $0.5779. Presently, there are substantial chances for a bullish move from the demand zone at $0.4726. Should the price manage to sustain its momentum above this zone, we anticipate a bullish thrust towards the significant resistance level at $0.7022. 💎 However, in the unpredictable realm of cryptocurrency trading, #MANA traders should be prepared for a variety of market shifts. If the price struggles to maintain its strength at the demand level, a strategic approach might involve gearing up for a bullish rebound from a lower support level, particularly around $0.4277. 💎 Significantly, a drop below this support level would require a thorough reevaluation of strategy, as it may indicate a potential difficulty in upholding a bullish market direction.
Long
by MyCryptoParadise
KAVA/USDT KAVA is now in the process of retracing back on demand💎 KAVA has notably captured the market's attention, and its current position indicates a pivotal moment in its market trajectory. KAVA is now in the process of retracing back to the demand area for a retesting phase. 💎 Despite this, the overall trend for KAVA remains bullish, suggesting that there's a strong possibility of a price bounce from this demand area, potentially propelling KAVA towards continued upward movement with a target of reaching a strong resistance area. 💎 However, should KAVA struggle to rebound during this retesting phase in the demand area, there's a risk that it might lose this crucial support or even break below it. Such a development could signal a shift in KAVA's market trend from bullish to bearish, potentially leading to a descent toward a key support area. 💎 This support area serves as the last line of defense for KAVA's bullish trend. A breakdown of this support level would be a significant bearish indicator, suggesting a possible move towards a stronger support area.
by MyCryptoParadise
CELO/USDT Could CELO breakout the daily resistance area ?? 💎 CELO has notably captured the market's attention, particularly as it confronts a significant daily resistance area. Historically, this resistance has proven to be a formidable barrier for CELO, typically resulting in hard rejections upon each attempt to surpass it. A successful breach of this resistance could signal a notable upward trajectory for CELO, probability with the next goal being the Bearish OB target. 💎 However, should CELO struggle to surpass this resistance, finding itself in a consolidation phase at this level for a few days, it risks another rejection. This scenario could lead to a reversal in CELO's trajectory, sending it back toward the demand area. 💎 The demand zone holds crucial importance as it represents the final line of support for CELO's bullish trend. Failure to rebound upon reaching this zone and sustain levels above it could lead to a downward shift. If CELO breaks below this key support level, it could move towards a stronger support area, indicating a potential bearish turn for CELO.
by MyCryptoParadise
GLMR/USDT bullish continuation from demand 🚀GMLR Today Analysis💎 Paradisers, let's take a closer look at #GLMRUSDT, which is currently navigating an intriguing path. The asset is showing significant potential for a bullish move from its current demand zone. 💎 Analyzing recent market trends for #MOONBEAM, it's evident that the asset has been following a pattern of descending, breaking above, and then surging upward. Recently, it encountered resistance at $0.6389 and retraced, but now it appears to be gearing up for a bullish move from the demand zone at $0.4185. If it manages to maintain momentum above this zone, the next major target lies at the supply level of $0.6389. 💎 However, given the volatile nature of the crypto market, #GLMR traders must be ready for various scenarios. If the price fails to sustain momentum at the demand level, a wise strategy would be to prepare for a bullish resurgence from the support level of $0.3625. 💎 Importantly, a decline below this support level would necessitate a strategic reassessment, as it could suggest challenges in maintaining a bullish course in the market. 🌴💰
Long
by MyCryptoParadise
LPT/USDT If the retesting is valid, possible to continue UP!!💎 LPT has recently garnered a significant amount of attention in the market, particularly as it undergoes a critical retesting phase at a support area. If this retesting phase proves to be valid, there's a strong possibility that LPT could resume its upward trajectory, potentially reaching new highs at a formidable resistance area. 💎 However, if LPT is unable to bounce back during this retesting phase and instead enters a period of consolidation over the next few days, there is a risk that the asset could break below the support level. This risk is heightened by the current weak volume, which could see LPT descending towards the demand area. 💎 The demand zone then becomes a crucial juncture for LPT. For LPT to maintain its bullish trend, a robust rebound from this level is necessary, aiming to overcome and sustain above the previous resistance level. This action is vital for continuing the upward movement towards the strong resistance. Conversely, if LPT fails to hold this demand level and breaks down, it could lead to a further decline in price.
by MyCryptoParadise
GMT/USDT upward momentum from demand? 🚀GMT Today Analysis💎 Paradisers, take a moment to focus on #GMTUSDT, which is currently presenting an interesting scenario. It's trading in a demand zone, indicating a heightened chance of a bullish trend emerging. 💎 Recently, the #GMT showed respect for the resistance at $0.3468. Now, with the price gaining momentum in the demand zone, if this upward momentum is sustained, there's a strong likelihood of a bullish move. Should this trend continue, #GMTUSDT might aim for the higher resistance level at $0.4934. 💎 It's essential to remember the fluid nature of the crypto market, where adapting strategies is key. Should #GMT encounter difficulties in holding above the demand zone, a strategic reassessment might be necessary. 💎 This could mean anticipating a bullish recovery from a lower support level around $0.2341. Importantly, a fall below this secondary support level could be indicative of a potential shift to a bearish market trend. 🌴💰
Long
by MyCryptoParadise
1
IOTX/USDT Process for retesting phase at the support!!💎 IOTX has notably captured the market's attention, especially after breaking through a key resistance area, which led to a substantial upward movement. However, IOTX hasn't yet entered a retesting phase at what was previously a resistance level, now acting as support. 💎 Recently, IOTX has shown a downward trend toward this support area, potentially signaling the start of a retesting phase before it can resume its upward trajectory. The Probability next notable target in this journey is the bearish OB area. 💎 During this critical retesting phase, it is essential for IOTX to demonstrate a robust bounce off the support area to continue its upward momentum. If IOTX fails to sustain above this support, there's a possibility it could break below this level, retreating towards the bullish OB zone around $0.028. 💎 The bullish OB zone at $0.028 becomes a crucial area for IOTX. For IOTX to maintain its bullish trend, a strong rebound from this level is necessary, aiming to surpass and sustain above the former resistance level. This rebound is crucial for IOTX to continue its ascent towards the strong resistance. Conversely, if IOTX fails to hold this bullish OB level and breaks down, it could indicate a shift towards a stronger support area.
by MyCryptoParadise
ENJ/USDT Bullish Reversal from Key Support? 🚀ENJ Analysis💎Paradisers, let's turn our attention to #ENJUSDT as it exhibits promising market activity. Following a rejection from its resistance, it is now positioning itself for a potential bullish resurgence from below its current support level. 💎 #Enjin recent behavior, we note that after facing rejection at $0.4287, it experienced a downward trend. Currently, the support at $0.3644 is pivotal. If NYSE:ENJ can regain momentum at this level and successfully challenge the robust resistance, it could set its sights on overcoming the higher resistance at $0.5021. 💎 Yet, navigating the unpredictable crypto market requires a readiness for various scenarios. If #ENJ struggles to initiate an upward move from the $0.3644 support, a recalibration of strategy might be necessary. 💎 This could entail preparing for a bullish resurgence from a slightly lower support level at $0.3294. Be mindful: a break below this level could indicate a shift towards a more bearish market trend.
Long
by MyCryptoParadise
1
UNI/USDT Assessing Bullish Potential After Resistance Breakout?💎Paradisers, let's focus on #UNIUSDT as it exhibits a notable market shift. Recently breaching a key resistance level, it is now hinting at a strong bullish momentum following a retest. 💎 Observing #Uniswap trend, we've seen it effectively navigate a descending channel, breaking above and initiating an upward trajectory. Currently, after breaking the robust resistance at $7.611, there’s an anticipation that this level will now serve as support post-retest. This could set the stage for a bullish movement aiming to challenge the substantial supply level at $12.015. 💎 However, given the crypto market's inherent unpredictability, it's crucial to be equipped for varying outcomes. If #UNI fails to maintain its new position post-resistance breakout, a strategic pivot may be required. 💎This could involve gearing up for a bullish recovery from the lower Bullish Order Block (OB) at $6.186. Caution is advised, as a decline below this OB level could signal a trend shift towards bearish territory.
Long
by MyCryptoParadise
1