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Telegram Coin (TONUSDT) 50% Surge AheadAnticipating a 50% surge in Telegram Coin (TON) in the forthcoming weeks could be in the cards. Examining the daily chart reveals a consistent pattern of respect for demand zones, ranging from a major zone around $1.9 to a minor zone near $2.2. Currently, TONUSDT is undergoing testing within the demand zone and a simple uptrend line, marking a critical price zone exhibiting extreme buying pressure. Should TON maintain its position within this area, an expected 50% rally might unfold, a move that could span from a few days to a few months.
Long
by CryptoPAMM
1
EGLDUSDT Probabilities for a 60% UpswingEGLDUSDT persists in honoring the uptrend trendline, maintaining movement within a long-term ascending channel. Notably, the previous supply zone has transformed into a respected demand area, significantly bolstering the likelihood of sustained uptrend continuation. This favorable price action significantly heightens the probability of a 60% price surge in the imminent days or weeks. The key resistance at the $75 area, validated by a double Fibonacci level, stands as a crucial indicator for potential price movements. In summary, EGLD appears notably positive at this stage, with an evident uptrend, demand zone validation, and potential for significant growth.
Long
by CryptoPAMM
2
WOOUSDT: Anticipating a 200% Growth Opportunity⚪ WOOUSDT staged a robust breakout above the supply zone back in March this year, setting the stage for subsequent developments. Although the price has generally trended downward since, a significant pattern emerges with three consecutive bounces off the $0.15 demand zone over the past eight months. ⚪ Recent price action further reinforces a positive outlook. The uptrend trendline has been consistently respected, culminating in a break above the downtrend trendline. This alignment signals a long-term bullish stance, and we are actively considering a long position on a potential pullback. ⚪ In terms of growth potential, WOO shows remarkable promise, with the potential for nearly 200% growth in the coming months. As always, we'll provide a detailed buy setup in our channel to support your trading decisions.
Long
by CryptoPAMM
Bulls at the Helm: ADA (Cardano) Defense of Key Demand Zone⚪ Cardano (ADA) has exhibited the resilience of bulls defending the critical $0.23 demand zone, which notably acted as a safety net on multiple occasions, particularly in August and October. ⚪ The recent surge in ADA's price levels, culminating in a new higher high, serves as a promising indicator of a potential bullish trajectory. While the increase might not be as hight as other altcoins, we anticipate a 50% surge in the weeks to come, albeit preceded by a minor correction. ⚪ The expected pullback should find support near the widely recognized 61.8% Fibonacci retracement level, providing an enticing risk-reward entry point. Our detailed trade setup will be shared in our channel shortly. Keep a close watch for updates.
Long
by CryptoPAMM
What's in Store for SOLUSDT (Solana) ?⚪ Solana (SOL) has been a notable performer within the crypto sphere. Its price trajectory has exhibited remarkable potential, characterized by its presence within a well-defined ascending channel. This pattern, stretching across multiple timeframes, amplifies the probability of a significant uptrend on the horizon. ⚪ A critical piece of evidence supporting this bullish perspective lies in recent price movements. The market demonstrated a notable response to the 61.8% Fibonacci retracement support level, which acted as a robust foundation for SOL's price action. Furthermore, the picture becomes even more compelling as SOLUSDT broke free from a minor descending channel, signifying an impressive shift in market sentiment. ⚪ This shift underscores the growing buying interest in SOL, reflecting a rapidly increasing demand. Such strong bullish signs suggest that investors and traders should be vigilant in their watch for an opportune entry point. It is worth noting that the attractiveness of lower prices continues to grow, making SOL a tantalizing prospect for those seeking entry into the market. ⚪ While Solana might experience a minor corrective move in the short term, a broader perspective reveals that a significant rally could be imminent. Thus, astute market participants should remain vigilant as the situation unfolds. P.S. as always, trade setup will be posted in our channel
Long
by CryptoPAMM
C98USDT Explosive Growth Potential ⚪ C98USDT recently breached the downtrend trendline, signaling a potential trend shift. A massive double bottom pattern on the daily chart adds to the intrigue. ⚪Following the breakout, we witnessed a crisp bounce off the 61.8% Fibonacci support – a promising sign of increasing demand for C98 in the mid to long term. ⚪ It's not all conjecture; there's substantial room for growth. Our sights are set on an explosive price surge of up to 62%, driven by the 38.2% Fibonacci resistance level.
Long
by CryptoPAMM
Gold's Golden Run - 25% Upside Adventure🌟Since 2016, Gold has been on an impressive ascent, steadily rising from $1,000 to nearly $2,000. That's a doubling in price within just eight years, but the exciting part is that Gold might still have significant upside potential. 🌟One compelling indicator of this potential lies in how the broken ascending channel has transitioned into a reliable support zone. This was followed by a recent bounce off the 23.6% Fibonacci retracement level, which points to a strong case for a continuation of the uptrend. 🌟If all the stars align, we could be looking at another remarkable 25% price increase. In this scenario, XAUUSD might set its sights on the $2,500 resistance area. This significant resistance level is substantiated by the 161.8% Fibonacci retracement, making it a major upside target for Gold.
OANDA:XAUUSDLong
by CryptoPAMM
3
ICXUSDT (Icon) and the Range-Trading Conundrum🌟In the ever-evolving world of crypto, ICON (ICX) against USDT (Tether) presents an intriguing narrative. To comprehend this evolving scenario, we delve into the recent price action and pivotal technical indicators. 🌟Today, ICXUSDT witnessed a notable event – a clean rejection transpired at the 88.6% Fibonacci resistance level. This particular price juncture has significant implications, indicative of both short-term price dynamics and broader market sentiment. Concurrently, this level aligns with a robust supply zone that has established itself over the preceding six months. 🌟This confluence of technical factors spotlights the prevailing dominance of sellers within the IMXUSDT market. A critical aspect contributing to this bearish bias is the resolute failure of bullish forces to conquer the formidable supply zone. Their inability to breach this critical threshold amplifies the control wielded by sellers in this market. 🌟Furthermore, as we dissect the prevailing market structure, a compelling proposition emerges. The potential existence of a substantial range-trading zone complicates the traditional conception of trend dynamics. Instead, it sets the stage for more lateral price movements, rather than a decisive trend. This observation underscores the intricate and finely balanced market sentiment surrounding ICXUSDT. 🌟In summation, with a heightened degree of confidence, it can be projected that the cryptocurrency's price will endeavor to navigate a southward trajectory once more. This projection prompts a vigilant assessment of two critical price zones. 🌟The initial zone, situated around the 61.8% Fibonacci support, near $0.18, signifies a minor demand zone. Additionally, its position within the broader price structure of IMXUSDT marks it as an area where buyers have historically exhibited a propensity for engaging in significant market activity. 🌟Subsequently, the second zone, at approximately $0.15, gains prominence as it aligns with the establishment of a double bottom pattern within the ICON price narrative. This double bottom formation underscores the region's inherent capacity to serve as a robust demand area, historically attracting buyers and fueling market demand. In closing, the ICXUSDT market offers a nuanced tapestry of resistance levels, supply zones, and historical support regions. Navigating these complexities is essential for traders and investors, as they seek to formulate well-informed strategies within this ever-dynamic crypto landscape.
Short
by CryptoPAMM
YFIUSDT 5th Wave Down and 40% Drop🔹YFIUSDT's Potential YFIUSDT continues to operate under the shadow of a persistent long-term downtrend, which undeniably leans towards a bearish narrative. The latest price action on YFI, echoing the broader market sentiment, paints a rather ominous picture. A key player in this tale is the 78.6% Fibonacci resistance level situated at $6100. 🔹Fibonacci Resistance: A Formidable Barrier This Fibonacci level hasn't been merely touched but decidedly respected. What further strengthens the bearish case is the precise bounce off this level. It's like the market's way of reinforcing the boundary, emphasizing that YFI remains captive under its influence. 🔹Downtrend Resilience Zooming in, we observe another compelling facet – the unyielding rejection. It's most evident at the point where the price last reached a peak. Here, the Fibonacci level intersects with the long-standing downtrend trendline, creating a formidable ceiling. As long as YFIUSDT remains imprisoned beneath this double-resistance structure, the bearish momentum is poised to persist. 🔹The Impending Drop: An Elliot Wave Perspective In the world of technical analysis, Elliot Wave Theory serves as a captivating tool. The current analysis strongly resonates with the theory's harmonious rhythm, suggesting an imminent fifth wave down. This could lead YFIUSDT to plummet by approximately 40%. 🔹Stay Informed As always we should share a bearish trade setup in our chancel.
Short
by CryptoPAMM
VISA Potential for Bearish Trend Initiation🔹 Last week, VISA experienced a decisive break below a long-standing ascending channel, marked by an unambiguous weekly and daily close. This occurrence constitutes a potential bearish signal, which may swiftly herald the commencement of a substantial downtrend. 🔹In scrutinizing Fibonacci retracement levels, it is notable that a definitive rebound materialized at the 61.8% retracement mark, only to be succeeded by a consequential downward breakout. Moreover, attention must be directed to the 361.8% Fibonacci level, which serves as a prospective ultimate downside target. This is underpinned by the prospect of creating an advantageous risk-to-reward trading setup. 🔹This situation offers a lucrative selling opportunity, and our detailed trade setup has been disseminated within our channel.
NYSE:VShort
by CryptoPAMM
2
XMRUSDT Awaits Explosive Growth⚪ XMR has been locked in a year-long triangle pattern, where it straddles the line between bullish enthusiasm and caution. The crucial takeaway here is the unwavering commitment to the long-term demand, as evidenced by its faithful respect for the uptrend trendline. This, my fellow traders, is a strong indicator of the resilience and potential staying power of Monero. 📊 ⚪ However, the crypto remains tethered under the grasp of the downtrend trendline, an aspect that often makes investors hesitate. But let's not overlook a significant development – the recent and clean bounce off the 78.6% Fibonacci retracement level. This isn't just a bounce; it's a sturdy support, working in harmony with the uptrend trendline. ⚪ The magic number to remember is $134 – a key support zone that, when respected, solidifies our confidence in the continuation of an uptrend. It's important to comprehend our trading strategy. We've decided to seize the moment and take a long position in XMR without waiting for the elusive breakout of the downtrend trendline. Why, you ask? Well, we've already identified a compelling risk-reward setup. ⚪ Moreover, we're keeping a close watch on the downtrend trendline. It may very well crumble under the pressure of intensified buying, presenting a slightly tardy but still promising entry point for long-term buyers. The nitty-gritty, including our trade signal with stop loss and take profit levels, is conveniently available in our channel.
Long
by CryptoPAMM
Eyes on the Prize: MASKUSDT 100% Profit Zone⚪In the realm of MASKUSDT, the recent developments have sparked significant excitement. An unmistakable breakout from the descending channel has caught our attention. More intriguingly, preceding this bullish move, the price experienced a substantial bounce off the 427.2% Fibonacci support level. This critical Fibonacci zone could very well signify the bottom for MASK. ⚪With the shackles of the descending channel shattered, we're now eagerly anticipating a substantial rally, set to kick off either this week or the next. The upside target within our sights is the $5.5 supply zone, a level that promises nearly 100% growth from the current price. ⚪As the charts align with potential gains, MASKUSDT holds the promise of an impressive 100% surge. Stay tuned and keep an eye on the evolving market dynamics for the best entry points as this journey unfolds. P.S. We have a trade setup already shared in our channel!
Long
by CryptoPAMM
ANTUSDT 130% Price Surge IncomingANTUSDT Analysis: Bulls in Control Ant Finance (ANT) has recently exhibited a significant shift in its price dynamics, pointing towards a potentially lucrative trading opportunity. This analysis will delve into the key factors fueling this bullish sentiment. 1. Supply Zone Turns to Demand Zone Over the past month, the notable transformation of a crucial supply zone into a consistent demand area has caught the attention of many traders. This shift demonstrates the significance of this price region, indicating a robust source of buying interest. 2. Formation of Higher Highs A key validation of the bullish sentiment is the continuous formation of higher highs. This pattern suggests that buyers are gaining the upper hand, with each high surpassing the previous one. This dynamic is a critical signal of an emerging uptrend. 3. Acceleration of the Uptrend The ongoing price action implies a potential acceleration of the current uptrend. As a key target, we're eyeing a significant Fibonacci resistance level at $9.23. If this level is reached, it could yield substantial gains of up to 130% for traders and investors. 4. Bullish Outlook for ANT In sum, the prospects for ANT are exceptionally bright. Both the ANTUSDT and ANTBTC pairs exhibit a distinctly bullish trajectory, presenting opportunities for traders and investors to benefit from this favorable market setup. Keep an eye on the evolving price dynamics, as this could be the start of an exciting rally in the ANT market. Remember, this analysis is not financial advice, but rather an overview of the current market conditions. Always conduct thorough research and consider your risk tolerance before making any trading decisions. Happy trading!
ALong
by CryptoPAMM
2
ANTBTC Tracing Promising Uptrend Potential⚪ In April, ANTBTC underscored the significance of the 7960 satoshis support level, with robust buyer interest evident. This trend persisted, recurring multiple times since January 2021. Subsequently, from April onward, the price has maintained a consistent uptrend trajectory, enclosed within a megaphone pattern. ⚪ Over the past week, ANTBTC has witnessed a retracement against BTC, nearing the uptrend trendline. Price currently resides within a zone of particular interest, offering the prospect of an uptrend continuation. This potential scenario hinges on ANTBTC remaining within the pattern, potentially resulting in an 88% price increase. ⚪ The calculation of this potential uptrend aligns with a critical supply zone that coincides with the apex of the ascending channel and the megaphone pattern. This juncture acts as an exceptionally crucial resistance and supply zone for ANTBTC.
ALong
by CryptoPAMM
2
KEYUSDT Supply and Demand Dynamics⚪ KEYUSDT displayed a noteworthy shift in its price dynamics in September, marked by a convincing breach of the downtrend trendline. This breakthrough was followed by a decisive move above a significant supply area. As a result, the supply zone is poised to transform into a demand zone, laying the groundwork for a renewed uptrend. ⚪ While KEYUSDT has undergone a consolidation phase, the recent daily close above the supply area underlines a shift in market sentiment. We anticipate a minor pullback in the near future, and this presents an opportune entry point for a long position. We will promptly share the KEYUSDT buy signal in our channel to keep our community informed and ready. ⚪ With the supply-to-demand transition in motion, we have set our sights on a robust rally, with a particular focus on the 61.8% Fibonacci retracement level. This level presents a significant milestone, and achieving it could signal further upward momentum for KEYUSDT. Our analysis is a guide to navigating these cryptocurrency markets with confidence and strategy.
KLong
by CryptoPAMM
WTI Oil Bounces Cleanly Off Key Support – Uptrend in the Making⚪ WTI has firmly established an uptrend, with a breakthrough above the first supply zone while consistently respecting the uptrend trendline. ⚪ Notably, a recent rejection of the second supply zone took place. The positive aspect, though, is that after the breakout we witnessed a precise bounce off the 78.6% Fibonacci retracement support, indicating the uptrend's continuation. ⚪ This suggests that WTI might be on the brink of a substantial upward move. As a result, heading towards one of two Fibonacci resistance levels situated at $102 and $115. As always, we are sharing our trade setup in the channel!
FX:USOILSPOTLong
by CryptoPAMM
Trading MKRUSDT with Elliott: The Flip from Supply to Demand⚪ As we analyze MKRUSDT's price action, a critical development emerges. The breach of a significant supply zone from August 2022 piques our interest. ⚪ What's even more intriguing is the transformation of this zone into a potential demand area, halting the current pullback. ⚪ This presents an attractive buying opportunity for traders and investors. Moreover, according to the Elliott Wave theory, #Maker may be in the midst of its 3rd upward wave, with our target set around $1895 (a 427.2% Fibonacci resistance). ⚪ Our strategy revolves around waiting for another higher high on the daily chart before pursuing a strong buying opportunity, which we'll promptly share in our channel.
Long
by CryptoPAMM
3
JOEUSDT Pending Rally - Ready for a Liftoff? ⚪In the early months of this year, JOEUSDT broke free from a wedge pattern, sending ripples of excitement throughout the crypto community. The subsequent dip found a firm foothold in the demand zone near $0.19, from where it catapulted upwards, achieving a staggering 285% growth. This pivotal moment drew the attention of many bulls. ⚪However, the tide has shifted over the past six months, with JOEUSDT experiencing a consistent decline. Now, the stage is set for another crucial juncture as the price approaches the vital demand zone. Our eagle eyes are closely tracking JOEUSDT's price action, as this could signify yet another remarkable price surge. ⚪But here's the catch: for this scenario to materialize, we must witness an emphatic breakthrough above the $0.37 resistance. When and if this breakout happens, we'll be on the lookout for a prime buying opportunity with a compelling risk-to-reward ratio. Naturally, we will promptly share this setup in our channel. ⚪Nevertheless, it's important to recognize that while the allure of buying JOEUSDT at this juncture is undeniable, it remains a risky proposition due to the absence of robust trend reversal confirmations. Patience and discipline are the key as we await the perfect conditions to make our move. 🚀📈
Long
by CryptoPAMM
BAKEBTC Uptrend Validation Point to BullishBAKEBTC has recently demonstrated strong support within the 61.8% Fibonacci level, affirming the significance of the demand zone. This was further reinforced by the price breaking above the downtrend trendline, confirming the presence of an ongoing uptrend. Consequently, the likelihood of a continued price ascent is notably high, with BAKE potentially targeting the next significant supply area around 625 satoshis. Nevertheless, it's wise to remain prepared for a consolidation phase and a potential re-test of the demand zone before a full-fledged rally ensues. Overall, the overall bullish outlook remains highly optimistic for BAKEBTC.
Long
by CryptoPAMM