PALANTIR bottomed on this Inverse Head and Shoulders pattern.Palantir (PLTR) easily hit our $24.50 target last time we published a call with you here (February 06 2024, see chart below) and shortly after started to correct:
The price has now hit and rebounded on the 4H MA200 (orange trend-line), forming so far an Inverse Head and Shoulders (IH&S) pattern, which is technically a bottom formation. This is the very same pattern that was formed on both previous bottoms of the 1-year Channel Up.
On top of that, it broke and re-tested the Lower Highs trend-line, which again on both previous bottoms, it was a successful buy signal. In addition, the 1D RSI rebounded on the 1-year Support Zone.
We are currently on that exact time within the 4H MA50 (blue trend-line) and 1D MA50 (yellow trend-line). A closing above the latter, should be the final buy confirmation. Our medium-term Target is $29.00 which represents the 1.236 Fibonacci extension, which was where the November 21 2023 Higher High was priced.
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AI
Possible Bear flag patternI'm not a financial advisor, and investing in cryptocurrencies involves risks.
The Bear flag pattern on a chart might indicate a potential downward move, but it's essential to consider various factors.
If the market condition continues to be bullish we might break to the upside.
The bearish target is around 2$
The bullish target is around 8.5$ but might go up high to 12.5$.
I have a spot bag with a good entry here but will open the hedge short once the Bear flag starts to break.
BINANCE:AIUSDT AI/USDT looks similar and I'm in
FET 20x Potential?FET is another crypto asset that has seen a HUGE pump from the bottom of over 1000%. Being it has bounced the hardest it is giving a clear sign that it has users attention.
This is a weekly macro environmental chart to highlight the current condition with the past price action as well as give some potential macro targets.
Currently price has formed a possible reverse head and shoulders with the highest target in the 2000% range. If just looking at the local range a 50% retrace of our current down trend is nearly 50% and 100% to the .786.
Being this is an expected mover higher targets for the reverse head and shoulders or the measured move may be in order.
Validation of a larger move up would be a clear brake of our current down trend preferably with a retest.
Trade Well......
29/04/24 Weekly outlookLast weeks high: $67244.99
Last weeks low: $62406.59
Midpoint: $64825.79
As Bitcoin continues it's multi-week sideways chop , there really isn't a great deal to talk about in terms of price action other than it's extremely boring and potentially dangerous. I say dangerous because it's this kind of chop that separates the impatient and the patient. Trading price action like this especially using leverage is bound to end poorly as both long and short sides get caught up in a serious of stop hunts. The only trades that could be made are the extremes of the range that are set.
There is some hope however, the HONG KONG ETF's for BTC Ð go live from tomorrow (30th April) . This could bring in-flows that have been missing in recent weeks as BlackRock and co. have dramatically lowered their in-flows and Greyscale continues to dump. Perhaps this new demand can absorb some of the Greyscale outflows? Or maybe it will be a non-event? We will keep a close eye on this throughout the week. There are also rumours that Australia will join the ETF movement too in the future.
The general Altcoin market is currently in a very oversold condition , having said that the relief bounce does not look to be in sight anytime soon, no point trying to catch a falling knife, if anything focus on DCA'ing (Dollar cost averaging) into strong projects but with a long term outlook. Narratives such as RWA, AI, DePIN etc.
In the short term all eyes are on last weeks low and if it can be reclaimed, if not 58K area is on the cards.
SNAP, YOU'RE NOT UGLY, YOU JUST NEED A FILTERSnapchat
talk about potential to target a very specific audience.
Teens
the AI potential is cool
I'm sure they will be going the reel route
Sell targets in Pink
Buy targets in blue
It seems this stock might have a little downside left, but should start going pretty soon.
somewhere between the blue range could easily trigger a really quick move to $20.
Earnings is the 23rd.
Really good looking chart for trading.
Watch the trends.
Aleph.im $Aleph.im #Aleph.imIMO Aleph.im is currently one of the most slept on projects that has made it through the last bear and still continues to build and has all the right narratives for this cycle. not only is it defi storage but they are also using A.I. and there are rumors of them doing some things in the RWA scene possibly later.
If you look at the mkt. caps of the other file/data storage projects that it competes with you'll see that it is still very cheap IMO.
I think that this can easily do a 10x in this cycle and i find it great for day trades and swing trades. It makes overly dramatic moves often and if you have conviction in your buying as well as the overall thesis it makes buying the FEAR easy and comes with great rewards often.
I've seen this thing do 40-120% gains in a day often and it just keeps paying me. The levels are clean and easy to trade. Even set limit orders for buying and selling and let it make you $ while you sleep and or are at work.
I think that it could easily be back into the 30-40 cents ranges over the next week and if we do get a sell-off in the overall markets ill be watching for new lows to buy myself.
GRT The Graph $Grt #Grt The Graph is a great project that not only survived the bear but also has continued to build during the bear as well as create more real-world partnerships and use cases.
Just 2 months ago in the start of March it hit $0.50 (50cents) and has since then suffered from a dramatic 60% correction that IMO was somewhat over done but i was grateful for another shot at buying lower to later sell higher. We have already had a nice bounce over the last couple weeks and i gain trimmed my position for profits/gains.
If BTC continues to see some more downward pressure this week we may also see some more downside again and go back and test the lows.
I'm personally already nibbling at this range and will continue to DCA all the way down and create a new larger bag again and take what the market gives me with intentions of selling in the next MAJOR pump we get and or true alts season if and when it comes.
I would be buying like CRAZY if we get enough drama to give us that lower range in the 13-16 cents areas.
In will be buying in a semi aggressive manner if we come back for a retest of this 20cents range, but I'm not quite sure we get that hence why I began nibbling here. Regardless I'm up on the play fir the cycle and can afford to take some risk with it overall.
In the bigger picture i think it's one of the better plays to get into a situation where you end up holding it longer term and or if you wanted to only buy projects that you can set it and forget it. I think they will continue to do well in this cycle as well as make it through the next bear and be fine in the following cycle.
C3.ai: Channel Down bottom buy.C3.ai (AI) is bearish on the 1D technical outlook (RSI = 36.727, MACD = -1.800, ADX = 49.528) but has staged a solid recovery at the bottom of the 1 year Channel Down. This sequence is very much like the October 2023 bottom, which targeted the 0.786 Fib as a LH. Having completed a MACD Bullish Cross, we go long aiming at the top of the Channel Down (TP = 32.50).
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Copper overboughtCopper has been in an uptrend since february 2024.
Price is currently outside Bollinger bands (50 period).
Some of the reasons copper has been rising is near term demand and shortages, some articles pointing out to data center demand for copper for the AI boom.
With Nvidia, intc, amd and other tech stocks showing weakness in last week, my opinion is that it might be a good time to look for shorts in copper, with tight stops.
NOIA continue uptrendLets continue to our journey to $25. It will be a mixed TA/Fundamental analysis
Some words about marketing. When you hire a marketing "superstar" with huge background from traditional markets this doesn't mean results will be good, actually its the opposite, average marketing firm specialized in crypto would do a lot more and with less budget.
After NOIA marketing team was restructured , mistakes considered, strategy changed things went way better.
After retrace to fib -0.18 we saw a strong push to high resistance level of 0.271-0.307 . After we approached this zone there was a strong and most important concentrated attack by KOL's on twitter and we have eaten this zone easily. Well done marketing team!
Also i am happy with the work of our Market Maker. They "painting" the chart respecting all resistance/demand zones, drawing flags and other patterns as from classical TA book!
Marketing team, professional designer work, MM effort, fundamentals delivery all is working together ass "Swiss watch" mechanism! And all this aligned with ongoing bull run in crypto space.
Next resistance zone is starting from 0.51 ( hi oldies ;) ) and goes to 0.55
Sleepless (AI)Sleepless (AI) is an emerging cryptocurrency that positions itself within the rapidly growing sector of AI-driven blockchain projects. The coin aims to harness the power of artificial intelligence to optimize transaction security and efficiency, potentially revolutionizing how smart contracts are created and executed.
Currently, the price of Sleepless (AI) stands at $0.90 with a 24-hour trading volume of $50 million. The AI token has experienced a surge of 50% in its price over the last 24 hours, indicating strong market enthusiasm and a robust entry into the market.
Given the innovative integration of AI technology and the current bullish sentiment, the next price targets for Sleepless (AI) could reasonably be set at $1.60, $1.8, and $2. Traders might consider entering a position now to capitalize on the momentum. This trading idea leverages the current hype around AI technologies and the solid performance of the AI token in its initial trading phase.
NVDA - the way it's meant to be played™Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NVDA has been overall bullish from a long-term perspective, trading above the blue trendline which is acting as a non-horizontal support.
After breaking below the last low marked in red, NVDA has been in a correction phase from a medium-term perspective.
Moreover, the green zone around $650 is a strong demand zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and blue trendline.
📚 As per my trading style:
As #NVDA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GPT/USDTBYBIT:GPTUSDT.P
his idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
AGIX/USDT Just Hold...BINANCE:AGIXUSDT
This idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
long TAOTAO reached a critical level of support on the daily chart. If it holds this support area, bullish movement is expected to continue and reach the previous high of $770
We Like The StockBullish on ANET for a pre-earnings run up. Breakout level = 297 . I am buying any dip over the next day or so in the 284-287 range (buy zone). If it breaks above 297 I'll chase.
*Initial target range = 306-313 by 4/19
**Goal Target = 335 by 4/26
- Stop Loss = sustained break below 285, if this occurs it will form a "spring" in its re-accumulation phase in the 270s before breaking out end of Apr. rather than in the coming week.
Looking short right away for a swing on AI!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
FET - Flag pattern - Waiting on Breakout - Daily ChartBINANCE:FETUSDT (1D CHART) Technical Analysis Update
FET is currently trading at $2.6813 and showing overall bullish sentiment
FET has formed a nice flag pattern and the price is waiting for breakout. IF the price breaks out then we have a good opportunity for long trade
Entry level: $ 3.01
Stop Loss Level: $ 2.04
TakeProfit 1: $ 3.73
TakeProfit 2: $ 4.4
TakeProfit 3: $ 5.7
TakeProfit 4: $ 6.8
TakeProfit 5: $ 8.6
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
🚀 AAVE Long Trade: On-Chain Data Signals Green LightHey traders, buckle up! It's time for a ride on the AAVE rocket 🚀. Our Big Data analysis has uncovered a juicy opportunity that could have your portfolio blasting off to the moon!
The Lowdown on AAVE:
We've been crunching numbers and analyzing on-chain metrics for AAVE, and let me tell you, the signs are looking bullish. Historically, when transaction value parameters start dancing downward like they're doing now, it's like a green light for AAVE's price to soar. We're talking a median increase of about 28% over the next month! 📈 But that's not all – we're riding the rising composite term cycle, and the peak of it? Scheduled for May 4-5. Mark your calendars, folks! (if old man Edward R. Dewey didn't lie to us all this time - strongly recommend his works).
What's Cooking:
A dozen of similar occasions in the past to cook up this delicious projection. Picture this: more than 85% of the time, when we've seen these conditions, AAVE has been on a one-way trip to Profitville.
The Plan:
We're setting our sights on a 1-month horizon for this trade. Why? Because that's where the magic happens, my friends. It's like clockwork – the data shows us that this setup has delivered the goods reliably over time. Plus, the risk-reward? Oh, it's looking sweeter than grandma's apple pie. 🥧
Altseason Alert:
But wait, there's more! Don't forget that the altseason is on the horizon, and we're gearing up for some serious action. Altcoins like AAVE are poised for strong growth. Get ready to ride the wave and capitalize on those sweet altcoin gains!
Why Trust Us?
Sure, we're talking big data and fancy analytics, but we're also real traders just like you. We've been around the block, and we know a good opportunity when we see one. Plus, our analysis isn't just throwing darts blindfolded – that's quite a strong setup repeating across several market metrics and has a great potential in our quality assessment, baby. 🌟
So, What's Next?
If you're ready to ride this AAVE wave with us, buckle up and hit that "Follow" button. We'll be here, keeping you updated and entertained every step of the way. And remember, in trading, as in life, a little humor never hurts. 😉 Let's make some gains together!
Stay sharp, stay savvy, and let's make this trade one for the record books!
Disclaimer: Remember, trading involves risk. Always do your own research and consider your risk tolerance before making any investment decisions. But hey, where's the fun without a little risk, right? 🎲
GFT USDT bullish wave if btc stops to rug the market GFT looks ready for a new bullish wave. bullish divergence on 6H/12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher.
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Retest yellow box to enter and wait for the setup to complete next weeks.
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
You can buy yellow area according to demand > trading volume > hence previous Price Action.
DELL pushes price with a big earnings beat LONGDELL reported earnings 27% beyond the estimates and traders reacted. The indicators show
that relative volume was about 10X the running moving average. The RSI dual time frame
indicator ( by Chris Moody) showed a 50-level cross-over on 2/22 one week before earnings.
That was the best early entry and price is up 20% higher since then. The question is whether
is is overextending and so will retrace. The mass index indicator is suggestive of a reversal.
Overall, I will watch price action for bullish continuation while considering the possibility
of a short sell into a retracement if it evolves. No matter volatility is increased I intend
to make the best possible trade in response to what develops.
CRGPT - AI on the rise 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 Technical:
📈 CRGPT has been overall bullish trading within the rising broadening wedge pattern marked in blue.
Currently, CRGPT is undergoing a correction phase as it approaches the lower blue trendline, which is serving as a non-horizontal support.
Moreover, the $0.7 - $0.8 range represents a massive demand zone.
🏹 Thus, the latest blue arrow is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline.
📚 As per my trading style:
I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
🏹 On the other hand, for the bulls to assume control from a medium-term perspective and initiate the next upward impulse movement, a break above the upper red trendline and the last major high at $1.14 is necessary.
🗒 Fundamental:
1️⃣ The CRGPT Token is more than just a digital asset with a deflationary supply cap of 21 million tokens, reminiscent of Bitcoin's scarcity-driven appeal.
2️⃣ By leveraging Ethereum's infrastructure for smart contracts and AI integration, CRGPT offers its holders not just a stake in a digital asset, but a key to unlocking a suite of AI services that enhance analytical, predictive, and trading strategies in the crypto domain.
3️⃣ This blend of Bitcoin's tokenomics, Ethereum's technology, and practical AI applications positions www.CryptoGPT.io as a multifaceted token with intrinsic value and utility in the evolving landscape of blockchain and AI convergence.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
