#POWR / USDT CSE:POWR is consolidating near its support zone, forming the "handle" of the cup pattern. If the price maintains this level and breaks out, it is expected to test $0.4845 (T1) first, followed by $0.6221 (T2) and ultimately $0.7546 (T3) as part of the bullish trend. Entry Zone: Enter long positions between $0.2200 and $0.2436. Stop Loss: Below $0.2000 to minimize risks. Take Profit: Gradually at $0.4845, $0.6221, and $0.7546.
#TIA The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards We have a trend to stabilize above the moving average 100 again We have a descending trend on the RSI indicator that supports the rise by breaking it upwards We have a support area at the lower limit of the channel at a price of 4.65 Entry price 4.70 First target 4.91 Second target 5.10 Third target 5.32
Technical Analysis and Outlook: During the current abbreviated trading week, the Eurodollar is exhibiting a narrow trading range above the Outer Currency Dip level of 1.035. Current analysis suggests that the Euro is poised to resume its upward trajectory, with anticipated targets of Mean Resistance 1.051 and a potential extension to Mean Resistance marked at 1.060. It is important to note that a pull-down movement may occur towards Mean Support at 1.039; with a possible retest of the completed Outer Currency Dip level of 1.035, before resuming the upside movement.
Technical Analysis and Outlook: During this week's trading session, Bitcoin exhibited fluctuations within the newly defined Mean Resistance of 99500 and Mean Support of 91800. The analysis suggests a high probability that the cryptocurrency will experience a decline to the Inner Coin Dip 88500 prior to initiating a significant rebound. This rebound is expected to facilitate the re-establishment of its bullish trend. It is essential to consider that a rebound bull movement may indeed occur from the Mean Support 91800.
Alts market caps confirm that we are in the buy zone for #Altcoins like Total2 Total3 and many other pairs
Key Observations 1.) Wave Structure & Flat Top Formation: The completion of a 5-wave structure aligns with Elliott Wave Theory's indication of a potential reversal or corrective phase. A flat top pattern at the 5th wave signifies a strong resistance level, which led to a structural break to the downside. 2.) Daily Open Retest: Price perfectly retested the daily open (dOpen) before rejecting it. This level now acts as a strong resistance, offering a favorable risk-to-reward (R:R) ratio for short entries. Stop-loss (SL) placement is ideal just above the daily open to minimize risk. 3.) Lack of Bullish Volume: Current ranging behavior lacks bullish volume, further supporting the bearish case for a continuation to lower levels. Support Zone & Confluence Factors The immediate target for this short trade lies at the confluence-rich support zone near $3.3184, identified by the following factors: 1.) Fibonacci Levels: 0.382 Fibonacci retracement aligns with this zone, confirming its significance. 2.) VWAP (Volume-Weighted Average Price): The VWAP from the swing high indicates $3.32 as a key level. 3.) Negative Fibonacci Extension (-0.618): Projecting from the recent impulse points to this area as a potential corrective target. 4.) December 16th High: This level now acts as a magnet for liquidity, increasing the likelihood of a revisit. 5.) Liquidity at Swing Low: The swing low at $3.3184 holds significant liquidity, which could be swept during a bearish move. 6.) Fibonacci Speed Fan (0.618): The 0.618 speed fan intersects around $3.32, adding further confluence to the zone. Trading Strategy Short Trade Setup: Entry: The ideal entry was at the dOpen retest. A short trade can now be initiated at the current price with a smaller position size. Stop-Loss (SL): Above the daily open to minimise risk. Take-Profit (TP): Targeting the confluence zone at $3.3184.
Yello, traders! Have you noticed the subtle clues #LITUSDT is dropping about its next potential breakout or breakdown? This chart is screaming opportunity, but the question is: are you ready to capitalize? Let’s break it down. ?#LITUSDT is approaching minor resistance at $1.00. This level has proven to be a significant barrier for LIT, as repeated attempts to push higher have been met with rejection in the past. This level is currently dictating whether bulls can take control or if sellers will continue dominating the market. Just below this, the $0.834 support zone has provided a critical safety net for the price. Buyers have consistently stepped in to defend this level, making it a key point to monitor for any potential breakdown. ?If the price breaks through the $1.00 minor resistance, the next stop to watch is the resistance area around $1.254. This region could serve as a temporary pause before the price advances toward the major resistance zone near $1.475. A breakout above these levels could ignite strong bullish momentum, especially if accompanied by rising volume. ?However, failure to hold the $0.834 support zone would signal weakness, possibly triggering a sharp sell-off. This would likely push #LITUSDT lower toward the broader demand area below, leaving bulls in a precarious position. The next few days will be crucial as the market decides its direction. Remember, Paradisers, the market rewards those who think strategically and trade with precision. Stay focused, stay disciplined, and let’s make the next move count! Where do you think #LITUSDT is heading? Share your thoughts below! MyCryptoParadise iFeel the success?
Yello, Paradisers! #ARKUSDT is making waves again, but is it gearing up for a major breakout, or are we on the brink of a deeper correction? Let’s dive into the details to prepare for what’s next. ?#ARK has shown a strong rebound from the support zone, signaling a potential continuation of its bullish movement. However, for ARK to confirm a bullish structure, it must break above the minor resistance at $0.671. If this breakout happens, ARK could rally toward the major resistance zone, marking a successful upward trajectory. ?But what if ARK fails to break this resistance? Even if the price climbs to test the $0.671 level, a rejection could lead to a retest of the support area between $0.44 and $0.40. Historically, this zone has been respected multiple times, with the price consistently rebounding. ?The critical risk emerges if ARK fails to rebound and breaks below the support area. A breakdown here would signal the loss of the higher low (HL) structure, likely turning the price bearish. In this scenario, ARK could continue its decline toward the major support zone at $0.30–$0.26. As long as ARK remains above this range, there’s still potential for a rebound. ?However, if ARK’s daily candle closes below $0.26, the bullish case becomes invalidated. This would confirm a bearish trend, with the price likely to continue dipping further. Stay focused and disciplined, Paradisers. Analyze the levels carefully, and always wait for confirmation. ? MyCryptoParadise iFeel the success?
BAN/USDT: Bullish Breakout Alert BAN/USDT has just broken out of a bullish pattern, signaling strong upward momentum. Next Target: ? Red resistance zone The breakout suggests potential for further gains as the price moves toward the key resistance level. Monitor this level closely for potential reactions.
Origin Protocol ($OGN/USDT) Technical Analysis #OGN is currently trading at $0.1411, showing bullish potential after breaking out of a descending trendline. The price is now consolidating above the Fibonacci zone near $0.1240, which acts as a strong support for potential upward movement. Support Zone (Fibonacci Buy): $0.1240 Target 1 (T1): $0.1705 Target 2 (T2): $0.1934 Target 3 (T3): $0.2148