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Auction

AUCTION: Bullish Breakout with Targets Ahead! $AUCTION/USDT Long Setup Pattern: AUCTION has broken out of a long-term descending wedge pattern, a bullish reversal signal. The breakout is supported by strong momentum and a successful retest of the breakout zone. Entry Range: Current price ($19.96). Entries can be considered between $18.00 and $20.50, targeting the retest zone. Targets: T1: $25.00 T2: $35.00 T3: $41.00 Stop Loss (SL): Place a stop loss below the retest zone at $17.80 to manage risk. DYOR, NFA
Long
by CRYPTOMOJO_TA
Is AUCTIONUSDT Gearing Up for a Massive Move? Don’t Miss This!Yello, Paradisers! Are you ready for what could be a critical moment for #AUCTIONUSDT? Here’s why this chart demands your attention right now. 💎After breaking its descending resistance trendline, #AUCTION has flashed a strong bullish signal. The price is now approaching the key demand zone at $16.70 to $15. If this area holds and we see bullish candle rejections, we could be gearing up for a strong continuation to the upside. This move could first target the minor resistance levels, with the potential to climb straight to the major resistance zone. 💎But beware of the downside risks. If AUCTION fails to rebound from the demand zone and breaks below it, the bullish scenario could unravel quickly. This would likely shift momentum downward toward the major support area at $12.50 to $11. 💎A rebound from this support zone and a reclaim of the demand zone would be essential to keep the bullish hopes alive. However, if the daily candle closes below $11, this would confirm a bearish trend, likely driving prices into deeper territory. Play it safe, stay focused, and always trade like a pro. Only a few who master discipline will thrive in this game long-term. Let’s make sure you’re one of them. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Technical Analysis for AUCTIONUSDT.P (3D Chart) Bounce Token**Chart Overview**: The chart showcases a breakout above the **Smoothed Trendline (Smoothed TL)** after previously rejecting the **Original TL**. The gradual improvement in price action confirms a shift in market dynamics. **Key Observations**: 1. **Trendlines**: - The **Original TL** acted as strong resistance during the previous downward trend. - The **Smoothed TL**, derived from adjusting for consistent lower highs, has now been broken, signaling bullish intent. 2. **Moving Averages**: - **20 MA**: The price is holding above the 20-day MA, confirming short-term momentum. - **50 MA**: Successfully reclaimed, adding another layer of support. - These confluences strengthen the trend-following signals. 3. **Indicators**: - **OBV**: Trending upward, indicating consistent accumulation. - **RSI**: At **68.22**, approaching overbought territory but still allowing room for upside. - **CMF**: Positive at **0.17**, signaling healthy capital inflow and supporting the breakout narrative. 4. **Volume**: - The volume has picked up as the price broke above the Smoothed TL, validating the move and indicating increasing buyer interest. **Conclusion**: The breakout above the **Smoothed TL** aligns with the system's bullish signal. The reclaim of both the 20 MA and 50 MA further supports a sustained uptrend. While no specific resistance targets are emphasized due to the trend-following nature of the system, the setup is favorable for continued upside. Stick to the system—ride the trend, and let the market guide your exits. 🚀
Long
by vagada
#AUCTION Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: AUCTION is currently in a downtrend but is expected to soon break above the triangle and the 21 EMA resistance. This breakout is crucial, and once confirmed, we could see a rally up to $100. Last October, when AUCTION broke above the resistance trendline, it made a parabolic move, gaining 6x-7x within a couple of months. A similar move can be expected once the breakout is confirmed. In the event of a rejection, the support line at $10.85 is likely to hold the price. Key levels: - Crucial Point: A breakout above the triangle and the 21 EMA. - Lower Support: $10.85. - Target: $70-$100. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
Long
by Cryptorphic
1
AUCTIONUSDT: Will This Breakout Lead to a Major Rally or a Fall?Yello, Paradisers! Are you ready for what's coming next with #AUCTION? We've been keeping a sharp eye on #AUCTIONUSDT, and things are heating up: 💎The recent breakout of #AUCTION above the descending resistance, now turned support at $20.91, is setting the stage for a potentially explosive move. 💎The symmetrical triangle pattern has finally given us the breakout we’ve been waiting for, and the next big target to watch is the key resistance level at $31.21. If #BounceToken can maintain its momentum here, we might be on the brink of a powerful bullish rally, echoing previous surges. 💎But there's a crucial twist—if the momentum fizzles out at $31.21, we could see a pullback. In that case, keep your eyes on the lower demand zone around $11.90 for a possible bullish rebound. This is a critical juncture, Paradisers, and staying alert is non-negotiable. 💎Be extra vigilant around the demand area at $8.80. A daily close below this level could shatter the bullish outlook and pave the way for deeper declines. Stay focused, patient, and disciplined, Paradisers!! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
3
AUCTIONUSDT.1DThis technical analysis of the AUCTION/USDT chart captures the recent market behaviors and provides an insight into what might be expected in the near future. Key Observations: Current Price and Movement: AUCTION is currently trading at $17.02, having faced a sharp decline of 14.17% on the day, which indicates significant volatility. Support and Resistance Levels: R1 (Resistance Level 1): $22.21 - This is the immediate resistance level the price might face upon any rebound. S1 (Support Level 1): $12.36 - This support level is crucial as it represents the nearest floor that could potentially halt further declines. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD line is below the signal line but close to converging, suggesting a potential shift in momentum from bearish to less bearish or even bullish. RSI (Relative Strength Index): The RSI is at 52.83, indicating a somewhat neutral stance but leaning towards neither overbought nor oversold conditions. Analysis and Conclusion: The recent sharp drop in AUCTION's price to $17.02 has likely been influenced by broader market dynamics or specific events related to the asset. The proximity to the S1 support level at $12.36 suggests that the market could be testing this threshold soon, especially if bearish sentiment continues. Given the current setup, if the market finds stability around S1, there could be a potential for a price recovery towards R1 at $22.21. The near convergence of the MACD lines also hints at a possible easing of the bearish pressure. Traders should watch for any bullish crossover in the MACD as a confirmation of changing momentum. In summary, the market for AUCTION/USDT appears to be at a critical juncture, with key levels to watch at $12.36 for support and $22.21 for resistance. Investors should monitor these levels closely, along with any macroeconomic factors or news specific to AUCTION that could influence market sentiment. This analysis should serve as a basis for making informed trading decisions while incorporating real-time data and risk management strategies.
Long
by MarsSignals
Auction looks bearishThe correction has started from where we entered "START" on the chart. It seems that we are in an ABC or a more complicated pattern. Now it looks like wave B, which was a triangle, is over. And we have entered bear C wave. The targets are marked on the chart. When we reach the first target, save some profit and then change the stop to entry Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
#AUCTION/USDT#AUCTION We have a strong bullish soft trend that the price has been following for two months Now the rising trend has been touched and it is expected to rebound upward We have a strong rising trend on RSI as well We have a higher stability than the Moving Average 100 and we have an upward discount The pattern is canceled if the day is closed with a strong bearish candle Entry price 29.86 The first goal is 32.00 The second goal is 35.06 Third goal 38.54
Long
by CryptoAnalystSignal
3