Buysignal
Long SUI/USDT D1 (x3-x5 potential)Long SUI/USDT. TF D1. Right ticker + right timing.
x3-x5 probably.
Entry - current price level
Target - $2 (x4)
Stop - below PoC level (0.43) with confirmation on D1.
Will start with FA and benchmark analysis of other L1-project (Aptos) which is quite similar:
1/ Decent L1-project with strong backing and recently listed on top-tier CEXs. So, not a lot of locked-in traders/hodlers.
2/ Around 250ml of investments from top-tier VCs (both SUI and APTOS).
3/ APT/USDT made around x5 in January, 2023 right after 4-month post-ICO bleeding period. (According to PA, it was rather possible to take x4 on APT/USDT within 1 month):
4/ SUI is currently at the end of this bleeding.
TA:
1/ Buying volume appeared (green encircled zone) + rising PA.
2/ MA squeeze (EMA 21 and EMA 55)
3/ trending RSI
4/ Price is consolidating above PoC and EMA21 and preparing to make a strong move upwards.
XAU !! Try to surpass ATH by the end of August 2024⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices surged past $2,500 per ounce on Wednesday, driven by rising tensions in the Middle East. Fed Chair Jerome Powell's recent comments at Jackson Hole, hinting at imminent rate cuts, also boosted the metal, as lower rates make gold more appealing by reducing the cost of holding it.
Investors are now looking to Fed officials Christopher Waller and Raphael Bostic, who will speak on Wednesday, for further clues on interest rates. Attention will then turn to the Q2 GDP and PCE data due later this week. Stronger-than-expected results could strengthen the US Dollar and limit gold's gains.
⭐️ Personal comments NOVA:
The movement in the price fluctuation range above $2,500 creates very good momentum for Gold with a high possibility of reaching a new ATH.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2495 - $2493 SL $2488
TP1: $2500
TP2: $2515
TP3: $2530
🔥SELL GOLD zone: $2557 - $2559 SL $2564
TP1: $2550
TP2: $2540
TP3: $2530
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
ARBUSDTHi guys
The main trend is downward. We have not yet received confirmation of a trend change and the bullish outlook is very weak for now.
But on the daily and four-hour time frames, we have a positive RSI divergence.
And provided that the downward trend line is broken and the resistance range of $0.893 is consumed, the possibility of the continuation of the upward trend is strengthened.
What do you think?
Gold will Bounce Today!For tomorrow, the resistance areas are: 2509 and 2510.The buying level expected for today are 2512 or 2513. And also could from the resistance area. These levels will perform tomorrow, and we should also keep an eye on geopolitical events. Additionally, tomorrow we have Unemployment Claims news affecting us.
QQQ Nasdaq 100 ETF PredictionIf you haven`t bought the last dip on QQQ:
Historically, the QQQ Nasdaq 100 ETF has demonstrated a consistent pattern where a Relative Strength Index (RSI) at or below 30 triggers buying activity.
This technical indicator, typically viewed as signaling an oversold condition, has reliably attracted investors looking to capitalize on perceived undervaluation.
As a result, these dips have been quickly bought up, suggesting a strong market tendency to rebound from such low RSI levels.
I expect the recovery to be V-shaped or W-shaped, ending the year higher.
Gold Mid Term Target 1850 - GOLD USD BullishGold looks very much like a buy right now.
The support at 1450 looks strong and I can see a rising wedge, pennant shaping up.
GOLD still remains above the Ichimoko Cloud.
The RSI seems bullish
Fib is putting a target around 1850 USD
All in all the case for GOLD is that it should be a safe long term bet, and the TA backs it up.
1st Target is 1850 USD -- however long term it is likely to just keep rising.
Gold Trade : Bullish Momentum AheadXAUUSD has been making bullish trend through 2041 making higher highs and higher lows and is holding towards the liquidity zone 2458 2460.Price action and market structure also shows bullish trend and also a double bottom pattern is evident around the 2380 2385 level indicating a strong support area. there is also a news which would support us in bullish momentum
Our technical analysis and market indicators suggest a positive trend for gold in the next trading session. Investor can expect a potentially lucrative opportunity to capitalize on the bullish momentum.
Gold Market Outlook: Bullish Trend Expected To PersistOur technical analysis and market indicators suggest that gold will continue to exhibit bullish behavior tomorrow, Identified buy level at 25 and 20, building on the momentum established in recent trading sessions. This optimistic forecast is supported by robust fundamental factors, including:
- Strong investor demand for safe-haven assets
- Central banks' continued gold reserves accumulation
- Favorable macroeconomic conditions
Bullish Reversal on USD/JPY"Based on the demand and supply zones strategy, we anticipate a bullish reversal in USD/JPY. After a significant downward movement, the price has reached a key demand zone, where buyers typically step in, creating upward pressure. Historically, these zones have acted as strong support, leading to substantial rebounds. Current market sentiment, combined with the oversold condition, suggests that buyers will overpower sellers, pushing the price upwards. This spike is likely to gain momentum as more traders recognize the opportunity and enter the market."
"Please note that the information provided is for educational purposes only and should not be considered as financial advice. Market predictions are inherently uncertain, and trading involves risk. I am not responsible for any financial losses or damages that may result from trading decisions based on this analysis. Always conduct your own research or consult with a professional financial advisor before making any investment decisions."