SEI - A Technical Analysis - New High is Breakout or Fakeout ? BINANCE:SEIUSDT (1D CHART) Technical Analysis Update
SEI is currently trading at $0.9030 and showing overall bullish sentiment
We are seeing confirmed breakout from the resistance zone. Currently price is heading back to its support level (Previous resistance level), we can expect the price to bounce back after hitting the support level.
Enter 50% of the position now and rest after the pull back.
Entry level: $ 0.8468 - 0.9034
Stop loss level: $ 0.6529
Target 1: $ 0.9982
Target 2: $ 1.1195
Target 3: $ 1.4870
Target 4: $ 1.9038
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
Buy-signal
Litecoin (LTCUSDT) Market MomentumLitecoin (LTCUSDT) has been a steady force, treading above the 61.8% Fibonacci support area since late September 2023, creating a stronghold of demand around the $64 level. The recent resurgence sees LTCUSDT reclaiming its position above the long-term uptrend trendline, signaling the potential validation of a mid-term uptrend.
In today's analysis, a compelling chapter unfolds as we witness a potential clean bounce off the short-term uptrend trendline—a support pillar that currently cradles Litecoin's price. Notably, the $69 zone emerges as an attractive buying opportunity, boasting a risk-to-reward trade setup that promises solidity and potential gains.
The journey ahead for LTC holds promise. The $69 zone, with its strategic positioning and enticing risk profile, beckons as a gateway to potential market opportunities. As the gears of Litecoin's market dynamics click into place, our sights are set on the $87 resistance area, where the next chapter of LTC's upward trajectory may unfold.
FIL - Next Target is 28$ ( +225% Profit Opportunity)#FIL/USDT #Analysis
Description
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+ As depicted in the chart, FIL has developed a well-defined saucer pattern and has effectively surpassed the resistance level.
+ This unmistakably signals the imminent bullish phase for FIL.
+ I intend to enter a LONG trade at the current price, allocating 0.2% of the capital. The profit potential appears substantial from my analysis.
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VectorAlgo Trade Details
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Entry Price:
Stop Loss:
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Target 1: 9.16
Target 2: 9.8
Target 3: 11.11
Target 4: 13.52
Target 5: 16.24
Target 6: 20.34
Target 7: 28.22
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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VectorAlgo
LTCBTC Potential ReversalLitecoin has maintained a persistent downward trend against Bitcoin, but today's observation brings a potential turning point into focus. A discernible rebound has occurred, precisely off the 441.4% Fibonacci support level, hinting at the potential conclusion of the decline.
To solidify this potential reversal, it's imperative to monitor the daily close, ensuring it remains above the 0.001341 support. Should this condition be met, LTCBTC could be preparing for an upward surge toward the 61.8% Fibonacci resistance. Notably, this level aligns with a previously established supply/demand zone, adding an extra layer of significance to the potential reversal scenario.
BINANCE:COTIUSDT - Perfect entry for long trade---------------------------------------------------------------
Description
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+ COTIUSDT broke out of the triangle and forming a new higher high and has a potential to reach next resistance
+ LONG trade entry can be done now or we can wait for the correction.
+ Stoploss long compared to our other trade but its need to prevent any SL hits due to wicks
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VectorAlgo Trade Details
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Entry Price: 0.06381
Stop Loss: 0.05851
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Targets 1:0.06654
Targets 2:0.06962
Targets 3: 0.07846
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
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Regards
VectorAlgo
AVAXUSDT - Ascending Triangle, waiting to breakout#AVAXUSDT (4H CHART) Technical Analysis Update
AVAXUSDT is forming ascending triangle pattern and it's waiting to breakout the ascending triangle.
If the price momentum continues in the similar manner, we can expect the breakout in next 2-3 days.
We have a strong resistance at 37$ level.
Long Entry level: $ 37.88
Stop loss: below $ 34.75
Target 1: $ 40
Target 2: $ 43.3
Target 3: $ 46.8
Target 4: $ 50
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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VOD Vodafone Group at 2010 Price Level | Potential Breakout SoonLast week, Microsoft (MSFT) initiated a 10-year strategic partnership with Vodafone (VOD) aimed at leveraging their respective strengths to create new digital and financial services tailored for businesses, particularly small and medium-sized enterprises (SMEs) across Europe and Africa.
The collaboration involves the utilization of Microsoft's generative artificial intelligence (AI) to enhance Vodafone's customer experience, with the goal of delivering a more personalized and differentiated service through various channels.
The partnership seeks to expand and improve Vodafone's managed Internet of Things (IoT) connectivity platform, aiming to scale up the telecommunication company's IoT platform by connecting more devices, vehicles, and machines.
In recent news concerning VOD, Deputy Prime Minister Oliver Dowden intervened following the involvement of e&, the UAE’s state-controlled telecoms provider (Etisalat), which became Vodafone’s largest shareholder last year by acquiring a 14.6% stake.
As part of Etisalat's arrangement with Vodafone, CEO Hatem Dowidar was granted a seat on the board, with the option to nominate a second non-executive director if the stake increases beyond 20%. This suggests the possibility of Etisalat increasing its ownership in VOD from 14.6% to 20%.
In summary, it appears that Etisalat is inclined to boost its ownership in VOD from 14.6% to 20%.
As a result, my price target for VOD is $15.
XRPUSDT at least 20% UpsurgeXRPUSDT appears poised for a potential jump, evident in its adherence to the uptrend trendline and critical demand zone near $0.56. The recent decisive bounce off the 78.6% Fibonacci support amplifies the probability of a rapid upside swing.
Our trade signal suggests a swift movement towards the $0.73 resistance area, supported by a double Fibonacci level. Should this scenario unfold, Ripple might witness a minimum 20% price increase.
MDT just started pumping------------------------------------------------------------------------------------------
Summary
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MDT just broke out from its resistance and showing a strong bullish view
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Signal
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VectorAlgo Trade Details
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Entry Price: 0.0688
Stop Loss: 0.05742
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Targets 1: 0.0760
Targets 2: 0.090
Targets 3: 0.120
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Timeframe: 1 day
Capital: 1-2%
Leverage: 5x
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Note: High risk with the high reward trade. StopLoss is must for this trade.
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Regards
Exciting Potential for WLDBTC! Demand Zone Formation: WLDBTC has formed a robust demand zone around 4653 sats, signaling a powerful support level.
Wedge Pattern Breakout: Recent price action confirms a wedge pattern breakout, and now, a significant corrective move down is taking place.
A Buyer's Paradise: This price correction presents an enticing opportunity for buyers. The risk/reward ratio is remarkably favorable.
Anticipated Upside: Our expectation is that the price will initiate an upward trajectory from its current level. Two significant upside targets are identified:
78.6% Fibonacci Resistance: Here, we may consider securing partial profits.
8113 Sats Level: If the first barrier is surmounted, the next destination is the 8113 sats level, offering the potential for a remarkable 73% growth against Bitcoin.
Detailed Trade Setups: For comprehensive trade setups on WLDBTC and WLDBTC, please visit our channel. We're quite excited about this particular opportunity.
DOGE Dogecoin Potential ReversalIf you haven`t sold DOGE here:
Now looks like Doge (Dogecoin) is showing a potential double bottom pattern, which is considered a bullish reversal pattern in technical analysis. This pattern suggests that the price of Doge may have found support at a certain level and could potentially see an upward movement.
Based on this analysis, your price target for Doge is set at $0.088.
Looking forward to read your opinion about it!
Trading MKRUSDT with Elliott: The Flip from Supply to Demand⚪ As we analyze MKRUSDT's price action, a critical development emerges. The breach of a significant supply zone from August 2022 piques our interest.
⚪ What's even more intriguing is the transformation of this zone into a potential demand area, halting the current pullback.
⚪ This presents an attractive buying opportunity for traders and investors. Moreover, according to the Elliott Wave theory, #Maker may be in the midst of its 3rd upward wave, with our target set around $1895 (a 427.2% Fibonacci resistance).
⚪ Our strategy revolves around waiting for another higher high on the daily chart before pursuing a strong buying opportunity, which we'll promptly share in our channel.
ACCD Accolade Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ACCD Accolade prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $1.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GBPJPY Long analysisHey there traders,
Daily
Market rejected this key level for previous 2 days in a row.
Now we expect upside movement depends on daily timeframe analysis.
Hourly
market has rejected the support zone most of the time
we will enter the market if market shows us the confirmation
Disclaimer : we will avoid trade if market break the support zone to downside....
Give some like and comment on our idea......
Good luck
Trade with money management
VSAT Viasat Options Ahead of EarningsAnalyzing the options chain and the chart patterns of VSAT Viasat prior to the earnings report this week,
I would consider purchasing the 30usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $5.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
XOM Exxon Mobil Options Ahead of EarningsIf you haven`t bought XOM here:
Or when they made more money than God:
Then analyzing the options chain and the chart patterns of XOM Exxon Mobil prior to the earnings report this week,
I would consider purchasing the 105usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $2.16.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
PG The Procter & Gamble Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PG The Procter & Gamble prior to the earnings report this week,
I would consider purchasing the $152.5 strike price Calls with
an expiration date of 2023-8-4,
for a premium of approximately $2.97.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
VRM Vroom 2X Upside PotentialIf you haven`t bought VRM here:
Now VRM, Vroom, with its recent gap at the $4.50 - $5.10 level, presents an intriguing opportunity for investors.
Historical data indicates that gaps tend to fill 80% of the time, making this gap a potential target for short-term traders and investors.
The gap acts as a magnet, drawing attention to that price area. As bullish sentiment grows, the likelihood of the gap filling increases, potentially driving the stock price higher.
My price target is $5.10.
Looking forward to read your opinion about it.