Solutions 30 - Short Term - We look to Buy a break of 7.49 (stop at 7.18)
Trading within the Channel formation. Bespoke resistance is located at 7.20. A move through bespoke resistance at 7.20 and we look for extended gains. 20 1day EMA is at 6.92. Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 7.20, which...
LTCUSD - Intraday - We look to Buy at 122.47 (stop at 117.34)
We look to buy dips. Choppy price action seen. Previous resistance located at 132.00. Buying continued from the 50% pullback level of 120.73. We look for a temporary move lower.
Our profit targets will be 141.06 and 145.15
Resistance: 132.00 / 142.00 / 150.00
Support: 125.00 / 120.00 /...
Bitcoin - Intraday - We look to Sell a break of 41488 (stop at 42282)
Daily signals are bearish. A break of yesterdays low would confirm bearish momentum. Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 39222 and 38322
Resistance: 45500 / 46500 / 48000
Support: 43500 / 42800 /...
Nokia Corporation - Short Term - We look to Buy at 5.33 (stop at 5.16)
We look to buy dips. Trading within a Bullish Channel formation. A higher correction is expected. Previous support located at 5.40. We expect this move higher to continue and look to set longs in early trade using previous lows as a stop.
Our profit targets will be 5.76 and 5.95
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LTCUSD - Intraday - We look to Sell at 133.65 (stop at 137.67)
Preferred trade is to sell into rallies. Choppy price action seen. Previous resistance located at 132.00. The trend of lower highs is located at 134.00. 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 targets...
Pfizer - Short Term - We look to Sell at 49.33 (stop at 51.54)
The trend of lower highs is located at 53.50. Previous support located at 50.00. A move through bespoke support at 50.00 and we look for extended losses. Closed below the 20-day EMA. The medium term bias remains bearish.
Our profit targets will be 43.51 and 41.00
Resistance: 54.00 / 57.00 /...
Upstart Holdings - Short Term - We look to Sell at 91.86 (stop at 110.36)
Bespoke resistance is located at 120.00. Closed below the 20-day EMA. Our overall sentiment remains bearish looking for lower levels. Previous support located at 45.00. Further downside is expected and we prefer to set shorts in early trade.
Our profit targets will be 45.80 and 37.10
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PayPal - Short Term - We look to Sell a break of 179.11 (stop at 201.11)
Posted a bearish Flag formation. A break of 180.00 is needed to confirm the outlook. Closed below the 20-day EMA. There is no indication that the selloff is coming to an end. This move is expected to continue and we look to set shorts at good risk/reward levels.
Our profit targets will...
Bitcoin - Intraday - We look to Buy at 42873 (stop at 42199)
Short term bias is bullish. We look to buy dips. Bespoke support is located at 42800. Trading within a Bullish Channel formation. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 45292 and 46233
Resistance: 45000 / 45500 / 46500
Support: ...
ASM International - Short Term - We look to Sell a break of 279.90 (stop at 291.90)
The medium term bias remains bearish. Trades with a bearish descending triangle formation. A break of bespoke support at 280.00, and the move lower is already underway. After strong selling pressure at the start of the week the pair consolidated yesterday with little net change...
ArcelorMittal - Short Term - We look to Sell a break of 28.39 (stop at 29.95)
Bespoke resistance is located at 29.00. Price action has posted a bearish Shooting Star and is negative for short-term sentiment. Previous support located at 24.50. Trading within the Channel formation. The bias is still for lower levels and we look for any gains to be limited.
Our...
Ethereum - Intraday - We look to Sell a break of 2997 (stop at 3081)
Broken out of the channel formation to the downside. Trading close to the psychological 3000 level. 20 4hour EMA is at 3011. Short term momentum is bearish.
Our profit targets will be 2777 and 2711
Resistance: 3200 / 3300 / 3400
Support: 3100 / 3000 / 2900
Disclaimer – Saxo Bank...
Baidu - Short Term - We look to Sell at 179.26 (stop at 190.59)
We look to sell rallies. Trading within a Bearish Channel formation. Bespoke resistance is located at 180.00. We look for a temporary move higher. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 180.00, resulting in improved risk/reward.
Our...
LTCUSD - Intraday - We look to Buy a break of 143.42 (stop at 139.97)
A move through bespoke resistance at 142.00 and we look for extended gains. We look for gains to be extended today. Intraday signals are bullish. We are trading within a Bullish Ascending Triangle formation.
Our profit targets will be 153.22 and 159.62
Resistance: 142.00 / 150.00 /...
Bitcoin - Intraday - We look to Buy a break of 44606 (stop at 43772)
Short term bias is bullish. There is no clear indication that the upward move is coming to an end. A break of bespoke resistance at 44500, and the move higher is already underway. Short term RSI has turned positive.
Our profit targets will be 46788 and 47688
Resistance: 44500 / 45500 /...
LTCUSD - Intraday - We look to Sell at 142.41 (stop at 145.92)
Preferred trade is to sell into rallies. 50 1day EMA is at 142.00. Previous resistance located at 142.00. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 142.00, resulting in...
EasyJet - Short Term - We look to Buy at 651.8 (stop at 610.0)
Preferred trade is to buy on dips. Previous resistance, now becomes support at 650.00. The bias is still for higher levels and we look for any dips to be limited. The medium term bias remains bullish. 20 1day EMA is at 635.00. We look for a temporary move lower.
Our profit targets will be 797.8...
Bitcoin - Intraday - We look to Sell at 44288 (stop at 45001)
Daily signals are bearish. 44456 has been pivotal. We are trading at overbought extremes. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Our...
