ICPUSDT is showing strong signs of bullish momentum with a nice rejection of the uptrend trendline followed by a 35% rally. After a minor pullback, price found support at the 23.6% Fibonacci level, accompanied by a bullish divergence on the RSI. Currently, price is bouncing off the minor uptrend trendline, and if a new lower low is not formed, the price of ...
On April 30th, #SOLUSDT bounced off the 61.8% Fibonacci resistance, resulting in a drop of over 16%. However, today we are witnessing a clean bounce off the 161.8% Fibonacci support level, indicating that SOL may be primed for a relatively strong move to the upside. To confirm a mid-term trend of SOL, we need to see a decisive break either to the upside or the...
🐂 #COMPUSDT bulls fiercely defending the $38 area, where the 78.6% Fibonacci support was twice rejected. The recent price action reveals a clean rebound off the uptrend trendline and the critical VolumeProfile demand zone. If this massive support continues to hold and #COMPUSDT can produce a new higher high, it is highly likely that we will see a continuation of...
#QNTUSDT has approached the critical demand zone, which traders have been watching for a year now. Currently #QTUM is also testing 161.8% Fibonacci support, where today we are seeing a clean bounce. For the bulls, it should be quite an important level to watch, especially a daily close around it. Because if it holds, followed by a $3.5 resistance breakout, trend...
#STGUSDT continues to show a strong long-term uptrend, which has been validated by the recent bounce off the uptrend trendline. This is a bullish signal and indicates that the price of #StargateFinance is likely to continue its upward trajectory in the near future. Additionally, the recent rejection of the 88.6% Fibonacci support level, which also corresponds to...
BINANCE:SFPUSDT appears to be showing strong support around the $0.4 zone, which has held steady for nearly 50 days. Additionally, the long-term uptrend trendline has provided a recent bounce, indicating positive momentum for #SafePal. Currently, the price appears to be consolidating within a range between $0.4 support and $0.52 resistance areas. With several...
ATAUSDT is about to break above the descending channel, as well as the crucial supply/demand zone. This can be an extremely positive price action for ASX:ATA , which is highly likely to result in an uptrend. We can also see that at the bottom, MACD formed a bullish divergence, significantly increasing the probability of an upside move. We will be monitoring...
FALCONS/USDTFREE UPDATE - Yello, ladies and gents Exactly 6 days ago, we shared with you secret information about the gem called #FALCONS! Since then, it pumped for around 39%, we just hit the first sell target this morning! Even tho we have secured our profit already, Falcons is now building a bullish base above an important MA line, and we expect this Gem...
FREE COIN ANALYSIS - FALCONS/USDT Yello, ladies and gentlemen #FALCONS is being silently accumulated by KuCoin veteran whales for almost a month now, and they are getting ready to break this out from the range soon. This altcoin is amongst the fundamentally strongest on KuCoin, and the major resistance is now sitting at around 7500, which is approximately 50%...
FREE MARKET UPDATE - Yello, ladies and gents One of the charts very few traders know about is OTHERS.D. This chart shows the dominance of coins, excluding Bitcoin and major altcoins with a high market cap. If you properly analyse the chart, you can clearly see that some fundamentally and technically powerful ALTCOINS will have some decent recovery in the...
After the break above the trendline, we might be seeing a continuation of the uptrend. Potentially, the price should be aimed at the top of the ascending channel.
💎BNX has been able to defend strong support at $93, after which a new higher high has been printed. Is this a strong bullish sign or we are about to see a downtrend? 💎Based on the price action, the uptrend remains valid as long as the recent lower low at 104.70 is respected. On the chart, we can see the critical demand level at 115.83, where the most trading...
We already see a strong recovery by KCS and this can eventually turn into an uptrend. Although as long as the recent high holds, there is a chance of an ABC corrective pattern.
💎"The BTCDOM Index provides insights into the market and can be used as a tool to speculate on Bitcoin’s relative strength against altcoins. Essentially, the index measures the demand for Bitcoin relative to altcoins. When altcoins gain market share relative to Bitcoin, the BTCDOM index loses value. Conversely, when Bitcoin gains market share relative to altcoins,...
💎During the past few months GARI has been one of the top gainers. Price has increased by nearly 200%, but is there potential for another 100% growth? 💎The trend is bullish as GARI/USD continues to print higher highs and higher lows. Besides, for the past week bulls didn't allow the price to go below the key supply area near 0.6335. 💎Until the point where the price....
💎Last week NAKA/USDT reached and bounced off the bottom of the descending channel. The MACD formed a bullish divergence after which the price broke above the simple downtrend trendline. So what such price action means? 💎This pattern might imply that NAKA has bottomed out, significantly increasing the potential trend reversal. As long as the recent bottom at...
NZD/CHF bounced off the long-term downtrend trendline implying further downside pressure. Lower lows and lower highs are printed without any signs of a trend reversal. While the prevailing trend remains bearish, we should expect a relatively strong pullback, potentially towards the 0.6326 zone. If NZD/CHF reaches this resistance, we will be looking for a selling...
💎Throughout this year SAND has been trending down, but perhaps this was only a corrective pattern of a major bullish trend? 💎The pattern, started back in November 2021, is identical to a Falling Wedge pattern, which most of is bullish. Wave five could be ending any time, and once completed, we are likely to see a price rally. Still, Paradise Team is waiting for a...