Moderna - Short Term - We look to Sell a break of 137.05 (stop at 147.24)
A move through bespoke support at 140.00 and we look for extended losses. Closed below the 20-day EMA. The primary trend remains bearish. Our overall sentiment remains bearish looking for lower levels. We look to set shorts in the early trade.
Our profit targets will be 108.99 and...
Ethereum - Intraday - We look to Buy a break of 3051 (stop at 2978)
Trend line resistance is located at 3000. Trading close to the psychological 3000 level. A break of the recent high at 3050 should result in a further move higher. Short term momentum is bullish.
Our profit targets will be 3248 and 3298
Resistance: 3000 / 3050 / 3200
Support: 2880 /...
LTCUSD - Intraday - We look to Buy at 103.39 (stop at 99.97)
Preferred trade is to buy on dips. There was little net movement as we continue to consolidate within the 110.00 - 115.00 range. The trend of higher lows is located at 102.00. Previous support located at 100.00. The bias is still for higher levels and we look for any dips to be limited.
Our profit...
Micron Technology - Short Term - We look to Buy at 80.79 (stop at 74.96)
Previous support located at 82.00. Trend line support is located at 80.00. We have a 78.6% Fibonacci pullback level of 80.01 from 75.52 to 96.50. Preferred trade is to buy on dips.
Our profit targets will be 97.55 and 101.50
Resistance: 98.00 / 100.00 / 110.00
Support: 85.00 /...
Bitcoin - Intraday - We look to Sell at 45488 (stop at 46504)
Daily signals are mildly bearish. We are trading at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. 45501 has been pivotal. A higher correction is expected.
Our profit targets will be...
MELI - Short Term - We look to Sell at 1166.70 (stop at 1241.12)
Preferred trade is to sell into rallies. Closed below the 50-day EMA. Posted a Bearish Shooting Star formation. Previous resistance located at 1150.00. Further downside is expected and we prefer to set shorts in early trade.
Our profit targets will be 974.38 and 914.10
Resistance: 1150.00 /...
Marathon Digital Holdings - Short Term - We look to Sell at 32.15 (stop at 37.41)
We look to sell rallies. The medium term bias remains bearish. Previous resistance located at 32.00. The bias is still for lower levels and we look for any gains to be limited. The daily chart technicals suggests further upside before the downtrend returns.
Our profit targets...
Bitcoin - Intraday - We look to Sell at 45798 (stop at 47047)
Daily signals are mildly bearish. We are trading at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. 45850 has been pivotal. A higher correction is expected.
Our profit targets will be...
NVIDIA - Short Term - We look to Sell at 269.00 (stop at 291.43)
We look to sell rallies. Previous resistance located at 270.00. Previous support located at 210.00. Trading within a Bearish Channel formation. The daily chart technicals suggests further upside before the downtrend returns. Further downside is expected although we prefer to set shorts at our...
GN Store Nord - Short Term - We look to Sell at 361.40 (stop at 379.10)
The primary trend remains bearish. Previous support, now becomes resistance at 360.00. 50 1day EMA is at 373.00. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile.
Our profit targets will be 311.00 and 304.50
Resistance: 360.00 / 380.00 / 420.00
...
Ethereum - Intraday - We look to Sell a break of 2549 (stop at 2616)
Daily signals are bearish. Price action is forming a bearish flag which has a bias to break to the downside. A break of yesterdays low would confirm bearish momentum. Short term momentum is bearish.
Our profit targets will be 2369 and 2309
Resistance: 2650 / 2700 / 2750
Support: 2600 /...
LTCUSD - Intraday - We look to Sell at 110.63 (stop at 114.50)
Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 109.50. The hourly chart technicals suggests further upside before the downtrend returns. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further...
Fiverr - Short Term - We look to Sell at 89.12 (stop at 99.18)
Previous resistance located at 90.00. 50 1day EMA is at 94.00. The primary trend remains bearish. Our overall sentiment remains bearish looking for lower levels. Preferred trade is to sell into rallies.
Our profit targets will be 62.15 and 52.88
Resistance: 90.00 / 100.00 / 120.00
Support: ...
Bitcoin - Intraday - We look to Buy at 36632 (stop at 35988)
A bullish reverse Head and Shoulders is forming. Bespoke support is located at 36500. A lower correction is expected. We look to buy dips.
Our profit targets will be 38343 and 39243
Resistance: 40000 / 41000 / 42000
Support: 38000 / 37500 / 36500
Disclaimer – Saxo Bank Group. Please be...
TSM - Short Term - We look to Sell at 115.52 (stop at 120.62)
We look to sell rallies. Continued downward momentum from 142.00 resulted in the pair posting net daily losses yesterday. Previous support, now becomes resistance at 116.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 116.00, resulting in improved...
LTCUSD - Intraday - We look to Sell at 110.90 (stop at 115.68)
Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 111.00. The trend of lower highs is located at 111.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Our profit...
Ethereum - Intraday - We look to Sell a break of 2298 (stop at 2366)
Daily signals are bearish. There is no indication that the selloff is coming to an end. A break of the recent low at 2300 should result in a further move lower. 2300 has been pivotal. We look for losses to be extended today.
Our profit targets will be 2121 and 2061
Resistance: 2400 /...
Nokia Corporation - Short Term - We look to Sell a break of 5.24 (stop at 5.45)
A move through bespoke support at 5.40 and we look for extended losses. Our overall sentiment remains bearish looking for lower levels. A lack of clear direction has formed a channel on the intraday chart that has a mild bias to break lower. We look for gains to be extended today....
