Here is an analysis of Magic on 4 Hour time frame. Expect the targets as per the chart. DYOR NFA
Hi Realistic Traders, let's delve into the technical analysis of $BINANCE: SOLUSDT Embracing Dow Theory's core idea that "history repeats itself. In September 2023, we witnessed a breakout from a falling wedge pattern. Following that breakout, prices kept climbing in a bullish trend. Recently, we noticed a quick bounce at the 0.5 Fibonacci Ratio, coupled with...
Trade setup : Price resumed its Uptrend. Bullish break above $13.00 resistance signals continuation of an Uptrend with upside potential to $15.00 near-term and $16.75 mid-term. Stop Loss (SL) at $12.00. 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). ...
💎 NEO has recently exhibited significant market dynamics, notably breaking above the key resistance level of the accumulation phase. 💎This breakout signals a bullish momentum for NEO, with the probability of continued upward movement toward our target area. 💎 However, if NEO retraces back into the accumulation phase area, breaching the support level, it would...
💎 LPT has recently demonstrated significant market dynamics, currently resting on the demand area and displaying signs of a bounce in recent candle movements. 💎 This bounce suggests a potential resumption of upward momentum for LPT, with a likely scenario being a return to retest the Bearish Order Block (OB), probability representing our target area. 💎 However,...
Ethereum successfully violated a key horizontal resistance on a daily. The next goal will be the ATH. I believe that the price will reach 4700 soon. ❤️Please, support my work with like, thank you!❤️
💎 Paradisers, cast your eyes on #GMTUSDT! A striking trend has emerged as it finds its footing in a demand zone, hinting at an upcoming bullish journey. 💎 #GMT is threading through a descending channel and is on the verge of hitting a significant supply zone at $0.3203. As it approaches this supply level, keeping up the pace could drastically enhance the odds of...
💎 Paradisers, focus on #NTRNUSDT as it embarks on an impressive trajectory in the market. It's navigating through an ascending channel, primed for a potent bullish surge. 💎 A look into #NTRN's past reveals a steadfast journey along an ascending channel, leading to strategic breaks and climbs. Recently, after facing resistance at the channel's upper bounds, it's...
💎 Paradisers, turn your attention to #XMRUSDT as it's currently charting a significant course in the market. Positioned in a demand zone, it is gearing up for another attempt to breach a formidable resistance level, hinting at a strong potential for a bullish movement. 💎 Delving into #MONERO market history, we observe its adherence to a descending channel...
💎Paradisers, let's delve into #1INCHUSDT, where current signals suggest a ripe opportunity for a bullish turnaround from an essential support zone. 💎An examination of #1inchNetwork's recent market behavior reveals a notable 35% downturn from its peak. Yet, the resilience at the $0.5137 support level hints at the possibility for a rebound. 💎The journey to set new...
💎 SUI has recently showcased noteworthy market dynamics, encountering rejection at the resistance all-time high (ATH) level, resulting in a downward movement towards the demand area. 💎 Currently, SUI is exhibiting signs of a potential bounce from the demand area, indicating a possible upward trajectory. If this bounce proves valid, SUI may resume its upward...
💎Paradisers, let's take a moment to assess #ZENUSDT, which has been navigating through a descending channel, revealing dynamic market trends. 💎At this juncture, #Horizen is making strides towards the descending resistance, propelled from the demand zone. This sets the stage for a potential rebound from this zone, potentially initiating an upward trajectory, with...
Logarithm. Time frame of 3 days. The sidewall is about 220%. Key levels to work with. From the descending channel (the whole secondary trend, red) price went sideways. A line graph for clarity. Bad. The main trend chart shows everything. The price is at an inadequate profit level. At least -93% of the high price is about +2600% of the average...
💎 WLD has recently demonstrated noteworthy market dynamics, experiencing a significant 300% upward movement after breaking out of a descending channel. 💎 However, signs of weakness are now apparent, with WLD potentially entering a retesting phase at the support level previously acting as resistance at the all-time high (ATH). 💎 There's a probability that WLD...
Logarithm. Time frame 1 month. The main trend. Idea for guiding the work area in the main trend. Secondary trend . Time frame 1 day.
Logarithm. Secondary trend. Three days time frame. Downward wedge. Maximum $480. Breakout zone. Everything is very accurate. Plan A . This is what the trend and the reversal zone look like on the line chart of the price. With percentages to key resistance levels for orientation. Plan B . You should also understand that if the price doesn't break through this...
The graph is logarithmic.Time frame is 3 days. Secondary trend. The wedge is in the final phase of its formation. The price is in its band near the support area of 96. Local double bottom 72% may be formed inside the wedge. Its confirmation and embodiment will bring the price closer to the wedge resistance breakthrough (red line). The price is near the area of...
💎 GALA has recently displayed noteworthy market dynamics, experiencing rejection and potentially retracing back to test the demand area around $0.038. 💎 If this retracement holds, there's a probability that GALA will bounce from the demand area and resume its upward movement toward our target zone. 💎 However, should GALA fail to find support at the demand area...