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PENDLE/USDT Critical area. Breakout or Breakdown the support ??💎 PENDLE has recently exhibited notable market dynamics. It is currently resting on the support line of an ascending channel pattern after facing rejection from a local resistance area. However, the indicator tools suggest bearish divergence and weak momentum. 💎 If PENDLE successfully breaks out above the resistance, there is a possibility of reaching our target area. 💎 Conversely, if PENDLE breaks down below the support pattern, it may signal a switch to a bearish trend. In such a scenario, the price could decline towards the Bullish OB area or even reach the support area. 💎 PENDLE must bounce at the support level to maintain the current upward movement. Failure to bounce could result in continued downward movement, potentially leading to further declines.
by MyCryptoParadise_Nathan
4
MANA/USDT Could MANA break the pattern or going to retest ??💎 MANA has recently witnessed significant developments in the market. Currently, MANA appears to be on a downward trajectory, heading towards the demand area. There is potential for a significant bounce once it reaches the demand area. 💎 However, if MANA aims to reverse its course and move upward without retesting the demand area, it faces a challenging task, as it would need to break the existing pattern. 💎 The target for an upward movement could be the strong resistance area, but achieving this probability would require a breakout to reach our goal at the Bearish OB. 💎 On the other hand, if MANA retraces to the demand area during a retesting phase and fails to sustain itself there, resulting in a breakdown of the demand zone, this would be a bearish signal. It could trigger a continued downward movement, potentially returning to the strong support area.
by MyCryptoParadise_Nathan
LEVER/USDT Break is confirmed! Could the price back more upward?💎 LEVER has recently shown significant market dynamics. Currently, LEVER has broken out of the symmetrical triangle pattern and is now in the process of retesting before potentially continuing its upward movement. 💎 If this retesting phase holds, we could see a significant upward movement, probability leading to a retest of our target bearish OB area. 💎 However, if LEVER fails to bounce during the retesting phase and falls back below the trendline, a false breakout scenario is confirmed. In such a case, LEVER may return to a downward trajectory, testing the support trendline once again. 💎 The support trendline is a critical area to watch. If LEVER fails to hold above this level and breaks below the support trendline, it would signal a shift to a downward trend, potentially leading to further declines.
by MyCryptoParadise_Nathan
2
HOOK/USDT Breakout the descending channel. Ready for back to UP?💎HOOK has recently demonstrated notable market dynamics. It has successfully broken out of a descending channel pattern, signaling a potential upward movement. However, it is currently in a retesting phase at the trendline. 💎 The next target for upward movement is the resistance area around 1.05. If HOOK manages to break above this resistance, we could witness significant upward momentum, probability leading to our target Bearish Order Block (OB) area. 💎 However, if HOOK fails to break out above the resistance and faces rejection, the price may retreat downward, possibly returning to the demand area or the supporting trendline to establish new momentum. 💎 As long as HOOK remains above the demand area, there is still a chance for a bounce and subsequent upward movement. However, a breakdown below the demand area could signify a bearish momentum, leading the price further downward towards the strong support area.
by MyCryptoParadise_Nathan
HBAR/USDT In the key support area, Could HBAR Bounce or Broke ??💎 HBAR has recently become a focal point in the cryptocurrency market. Presently, HBAR is positioned at a crucial support area, previously acting as a resistance level. 💎 Historically, this zone has demonstrated considerable strength in preventing HBAR's decline, suggesting a likelihood of a rebound from this point. Such a bounce would potentially initiate a renewed upward trajectory, possibly propelling HBAR towards its target in the strong resistance area. 💎 However, should HBAR fail to maintain its stance above this support level, indicating a breakdown, it could spell a significant shift in market sentiment. A breach of this support could disrupt the existing bullish trend, potentially ushering in bearish momentum. In such a scenario, HBAR might experience a downward trajectory, with its next critical juncture being the demand area. 💎 The demand zone thus becomes pivotal for HBAR's recovery prospects. A strong response in this area, characterized by a bounce and a subsequent reclamation of price levels above the previous support, is essential. Failure to achieve this could cement a bearish trend, leading HBAR to extend its decline, potentially reaching even lower towards the strong demand area.
by MyCryptoParadise_Nathan
GRT/USDT Need to Break the pattern for continue the upward move!💎 GRT has recently experienced notable shifts in the market. Currently, GRT has bounced from the demand area, with the candle exhibiting a positive response. 💎 If this bounce is validated, the next objective is the resistance trendline of the descending channel pattern. A successful breakout from this pattern probability could initiate a bullish momentum, facilitating an easy movement towards our target strong resistance area. 💎 However, should GRT fail to break out of the pattern, there's a potential retreat to the demand area to create new market momentum. Sustaining the demand zone is crucial, as a breakdown could signal a bearish trend, leading to a downward movement with the next support level situated at the support area, possibly extending further downward.
by MyCryptoParadise_Nathan
1
GAL/USDT Perfect bounce from the key level area. Back to upward?💎 GAL has witnessed significant developments in the market. Currently, GAL has made a noteworthy bounce from the demand area, which previously acted as a supply zone. 💎 If the daily candle closes with a strong green candle like the one we've seen, there is a probability that the price will resume its upward movement and attempt to break through our target strong resistance area. 💎 However, if GAL fails to show a positive response and the demand area is breached, it could signal a bearish trend. In such a scenario, the price would likely continue to move downward with the next target being the demand area. 💎 The demand area is a critical zone that requires a bounce and a reclaiming of price above it to reverse the trend and resume an upward trajectory. Failure to do so could result in the price continuing its downward movement and potentially going even lower.
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by MyCryptoParadise_Nathan
3
GALA/USDT Could GALA bounce from here and Break the resistance ?💎 GALA has recently witnessed noteworthy developments in the market. Currently positioned in the demand zone, a positive indication would be a daily close candle with a bullish rejection, signifying the potential for a price rebound and sustained momentum. 💎 The subsequent target lies in the resistance area, and for GALA to sustain its upward trajectory, breaking out of this level is crucial, probability facilitating an easy path towards our targeted strong resistance area. 💎 However, if GALA fails to exhibit a bullish candle rejection, there's a likelihood of retracement to the demand zone. It becomes imperative for GALA to maintain this area, as a breach would prompt a shift back to a bearish sentiment, leading GALA into a downward movement towards the robust support area.
by MyCryptoParadise_Nathan
EGLD/USDT Perfect bounce from the crucial area. Ready for upward💎 EGLD's market presence has recently captured significant attention. Following a robust bounce from the demand area, accompanied by the closure of the daily candle marked by a strong green signal, EGLD is currently positioned for potential upward movement. This development aligns with the trajectory towards our target within the bearish OB area, suggesting a bullish inclination. 💎 However, should EGLD struggle to maintain its upward momentum and regress back to the demand zone, it becomes imperative for it to hold and bounce back from this level. Failure to do so, signified by a breakdown of this area, could critically disrupt the bullish trend. 💎 In such a scenario where EGLD fails to uphold the demand area, the likelihood of a downward movement increases, potentially leading EGLD towards the support area. This shift would mark a significant transition from bullish to bearish tendencies, demanding careful market analysis and strategy adjustment.
by MyCryptoParadise_Nathan
2
DOGE/USDT Breakout the Descending channel. Upward Momentum ??💎 DOGE's recent market performance has been quite notable. After breaking out of a descending channel, DOGE is now undergoing a retesting phase at the trendline of the same descending channel. 💎 If DOGE successfully bounces during this retesting phase, it probability could signal a continuation of the upward movement, potentially reaching a significant resistance target. 💎 However, should DOGE fail in its retesting phase — meaning the candle retreats back into the pattern — it may indicate a false breakout. In such a case, DOGE could retreat to the demand area to gather momentum for another attempt at breaking out. 💎 The demand area is a critical point for DOGE. A failure to hold this level and a breakdown of the demand zone could suggest a shift back to a bearish trend. DOGE needs to exhibit a bounce from this area to maintain a bullish outlook. 💎 If it breaks down through this demand zone, the next likely downward target would be the Bullish Order Block (OB) area, with a possibility of descending even further.
by MyCryptoParadise_Nathan
1
CYBER/USDT If the retest is valid, Potential CYBER Continue Up!💎 CYBER has been a focal point in the market recently. At present, CYBER is undergoing a retesting phase at a crucial support level, which previously acted as a resistance barrier. This phase follows a successful breakout from the resistance level. 💎 Should this retesting prove valid, CYBER is expected to bounce off the support and embark on an upward trajectory, probability reaching the bearish OB area as its next target. 💎 However, there's a risk that CYBER might repeat its earlier pattern of a false breakout. Such a scenario would indicate a loss of bullish momentum, potentially leading to a reversal in the price movement towards the bullish trend support. A breach of this support trendline would leave the demand area as CYBER's last line of defense. 💎 The demand area holds significant importance in this context. For CYBER to resume its upward journey, the asset must bounce back from this zone and reclaim its position above the support area. Historical data suggests that the demand area has been robust in preventing further declines. Yet, should this area fail to hold, it would signal a bearish turn for CYBER, opening the possibility for a further descent to lower levels.
by MyCryptoParadise_Nathan
CHR/USDT Facing a critical resistance area. Breakout or rejected💎 CHR has recently undergone significant developments in the market. Currently, CHR is facing a critical resistance area. A week ago, CHR attempted to break through this resistance but faced a strong rejection, causing the price to retest the support area. 💎 Now, CHR is making another attempt to break through this key resistance level, and if successful, it could trigger a bullish momentum, leading to a significant upward movement with the probability to reach the bearish order block (OB) area. 💎 However, if CHR once again fails to break through and shows signs of bearish rejection, similar to the previous attempt, there is potential for the price to return to the support area to establish new momentum. 💎 The support area is of utmost importance and would require a bounce to maintain its bullish stance. If CHR fails to sustain above the support and breaks below it, this could indicate a shift back to a downward movement, with the potential to revisit the demand area or even move further downward.
by MyCryptoParadise_Nathan
CELR/USDT Keep an eye, If breakout is valid Possible back to UP!💎CELR has undeniably attracted significant attention in the market. Currently, CELR finds itself situated within the demand area while following a descending channel pattern. 💎 If it manages to successfully break out of this pattern, there's a possibility that the price will reverse its downward trajectory and head back upward, probability reaching our target strong resistance area. 💎 However, if CELR fails to bounce from the demand area and instead breaks down below it, this could signify a continuation of the downward movement, with the next significant support level located at 0.13. 💎 The support area is critical for CELR, and a bounce from this level, along with reclaiming the area above the demand, is necessary to sustain an upward movement. On the contrary, if CELR fails to bounce and breaks down, the price may continue to decline further.
by MyCryptoParadise_Nathan
C98/USDT Bounce from the support area. Back to upward or down?💎 C98's market presence has recently been the center of attention. It has demonstrated a robust recovery, marked by a substantial bounce after touching the support area. 💎 This positive movement suggests a potential for continued upward trend, with a key objective being to break through the current resistance level. Achieving this would facilitate a smoother journey towards the targeted area. 💎 However, should C98 struggle to breach the resistance barrier, it might experience a reversal in momentum, leading to a potential decline back toward the support area. This would be a critical moment for C98 to gather strength and momentum for another attempt at an upward move. 💎 In the event, that C98 revisits the support zone but fails to maintain its position there, a critical situation could arise. A breakdown of the support level might occur, propelling C98 towards the demand area, and potentially even further down towards a stronger support level. This scenario would require careful monitoring, as it could significantly influence C98's market trajectory and future movements.
by MyCryptoParadise_Nathan
1