**Overview:** POLYG (Polygon) remains a key Layer 2 scaling solution for Ethereum, offering low-cost, high speed transactions. Recent partnerships (e.g., Disney, Meta) and adoption in DeFi/NFTs underscore its long-term viability. However, macro risks (regulation, ETH upgrades) may impact short-term price action. **Key Fundamentals:** - **Adoption:** 50K+ dApps, ~2M daily txns. - **Revenue:** Sustainable fee model post-Polygon 2.0 upgrade. - **Catalysts:** zkEVM adoption, institutional interest. **Disclaimer:** Crypto trading carries high risk. Past performance ≠ future results. DYOR. Not financial advice. Manage leverage/risk (SL suggested). Volatility may exceed expectations.
High is about to break the channel, which was stuck in for about 4 and half months. If it closes the candle above the channel, we may see more pump toward ~$0.74, ~$1.05, ~$1.57 in a 5-wave move. But due to the bearish RSI divergence, it may continue to fluctuate downward in the channel and test the support again.
SOLUSDT has bounce from monthly support MS1. A weekly support marked as WS1 on the chart is also sitting just above it. Therefore, this zone 95-110 was a confluece of these support levels and a bounce was justified. Now the price is heading towards weekly resistance which is sitting around 165-180 zone. However, it is facing daily resistance DR1 and currently pushing there. With a bit of struggle, it shall pierce through this DR1 resisatnce to head towards weekly resistance. And exactly above that weekly resistance, monthly resistance MR1 is also sitting with zone 180-200. Therefore, this is a confluence of the resistances and will cause the upward movement of the price to stall there and cause some push back. Lets see how it reacts there but if in long some profit taking on that resistance confluence zone is definitely a rational behavior.
? Price has broken above the 62.94 resistance and is now approaching the 65.75 resistance. Momentum is bullish, but the next move depends on how price reacts at this level. ? Marked Zones: • Resistance: 65.75 ❌ | 68.70 ? | 71.88 ? • Support: 62.94 ⚠️ | 59.17 ? | 55.15 ? ? Scenarios: • Bullish Bias: A clean break and retest above 65.75 could open the way to 68.70. • Bearish Bias: Rejection from 65.75 or failure to hold above 62.94 may lead to a drop toward 59.17. ? This is not financial advice. Always trade your plan.
Jesus Coin (ETH: $JESUS)—a memecoin created on the Ethereum blockchain, to encourage generosity, foster community, and transform charitable giving. With a clear goal to "Do Good, Give More". Jesus Coin (ETH: $JESUS) is gearing up for a breakout that could catapult its value by over 300%, backed by strong technical indicators, a passionate community, and impeccable timing with Easter Sunday approaching. In the past 24 hours alone, the token has surged by 27.32%, with a 52.90% climb this past week. Jesus Coin isn’t just another crypto asset; it's a faith-fueled movement. With a long-term wedge pattern tightening and momentum building, this token could be mere days away from one of the most talked-about runs in the altcoin space this season. Technical Overview of Jesus Coin (ETH: $JESUS) Since October 2024, Jesus Coin has been consolidating in a prolonged falling wedge—a classic technical setup for bullish reversals. With current price action nearing the wedge’s apex, and the RSI showing over 70, signs point to a powerful upside breakout. Despite a 61.5% drop in daily trading volume, indicating short-term caution, the price is defying the dip—suggesting strong accumulation. Recent resistance sits around $0.0000000618, which, once broken, opens the door to a projected 300% rally. This setup positions Jesus Coin as a sleeping giant waiting for a single spark—an event, listing, or meme campaign—to trigger lift-off.
Hey there everyone! ? I’ve got some insights into the EURUSD currency pair. It’s been on a wild ride lately, with the USD taking a nosedive. But guess what? The EURUSD is on a bullish streak and it’s not stopping anytime soon, and it is very likely it will reach our entry point. Now, I know what you’re thinking. “Is this a good time to jump in?” Well, let me tell you, it’s all about your risk tolerance. We’ve identified three potential entry points for the EURUSD pair, so you can decide if it’s time to make a move. ? Remember, trading involves risks, so it’s important to be cautious and stick to your risk management plan. ?️ Good luck with your trading journey ? Much Love❤️ Team Setupsfx_
ATH has a strong supply range in the 2000-2100 range, which has the potential to hit the bottom of this white box support and even go below $1000.
Long entry at 0,590 USD with a stop loss at 0,18 USD. Profit taking: 1,65 USD, 2,65 USD and 3,810 USD.
Let's keep this short. $1600 has to be broken then $2K. The first resistance will likely be broken but not the second one. $900 is the buying target for the dip buyers.
- We are at a painfully large demand area. - Price squeezing and consolidating in a dropping wedge. - Thursday candle was a bullish harami (indicating a possible u-turn) - Friday was the Good Friday (Market holiday), so it doesn't count Let us patiently wait here for the price to either break the wedge or at least it hits the lower border of the wedge to place our first entry. The reversal is imminent provided we do not break the demand area. Patience is the key here. Once we have a full confirmation to buy we will look further for targets, till then just watch it. I will update you guys when I place my own entry. Pray hard, trade smart :) and best of luck! Here is the close up look of the wedge: https://www.tradingview.com/x/D6Uk8gzZ/