ETH, back to 4000 soon?Hello everyone,
considering the recent strong movement in ETH, I expect the bullish trend to continue towards 4000 within the next weeks. The green area (0,5 - 0,681 fib) should provide good support for new long positions.
Only a break below approx. 2800 would indicate a more bearish sight of the market.
Lomg
SAGAUSDT – Reverse Head & Shoulders Eyeing $4.45 TargetSAGA’s reverse head and shoulders pattern is nearing completion, but the breakout hasn’t quite occurred yet. Based on the measured move of the pattern and aligning it with the Fib 3.618 extension, the target price after a confirmed breakout is around $4.45.
We’re currently seeing the price consolidate below the neckline, and if the breakout confirms, we could see a rapid move to the 1.618 Fib at $3.24, followed by the 2.618 Fib at $3.84. The ultimate target, based on the head and shoulders measured move, is the Fib 3.618 extension at $4.45, a significant bullish projection.
However, keep an eye on the RSI and RSI Divergence Indicator, which are showing early signs of bearish divergence. This could mean that, even with a breakout, the price might face some turbulence, potentially pulling back to $2.50 for a retest before moving higher.
In summary: If SAGA breaks out of the reverse head and shoulders pattern, the final target could be as high as $4.45. First, though, it needs to confirm the breakout by pushing through the neckline. Watch the Fib levels and be cautious of the divergence signals showing on the RSI.
Disclaimer: Trading is like surfing—fun, but you might wipe out. This isn’t professional advice—always do your own research and consult a pro before diving in!
Trade Setup: GFT/USDT (1D)Trade Setup: GFT/USDT (1D)
Chart Overview: GFT is currently respecting a long-term ascending trendline (green line) after a period of consolidation. The price recently bounced from this trendline, indicating potential bullish momentum.
Entry: Consider entering around the current price level ($0.0196), especially if the price continues to hold above the trendline.
Targets:
Target 1: $0.0260 (First major resistance)
Target 2: $0.0320 (Prior high area)
Target 3: $0.0460 (Potential breakout level)
Stop Loss: Place a stop loss slightly below the trendline at $0.0170 to protect against a downside break.
Risk/Reward: Favorable with a potential 2:1 or 3:1 ratio, depending on entry and target levels.
DYOR NFA
Ethereum can rebound up from support line of triangle to 3085Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some time ago declined to the support level, which coincided with the buyer zone, after which rebounded and tried to grow but failed and declined to the support line, which is located in the buyer zone. Then ETH in a short time rose to the seller zone and even higher, breaking the resistance level, after which turned around and declined to the support line, breaking the 3200 level again. After this, ETH rebounded from the support line to 3355 points, turned around, and made a strong downward impulse inside the downward triangle. Price broke 3200 and 2950 levels and the support line also, after which it turned around from the support line of the triangle and started to grow. In a short time Ethereum rose to the resistance level again, breaking the support level one more time, but then it at once rebounded and fell to the buyer zone. Later price rebounded up from the buyer zone, making a fake breakout of the support level, and a not long time ago fell to the support line of the triangle. For this moment, I think that ETH can rebound from the support line to the resistance line of the triangle, therefore I set my target at 3085 points. Please share this idea with your friends and click Boost 🚀
Matic will be shooting up like Steph CurryWith the fall that just occurred, Groupings A and B of cryptos are going to want to rebound and rise. They’ve already made the reversal. But even long term. They purchased CDA to assist with the purpose they exist and if that isn’t enough to convince. They’ll be changing their name from matic/polygon to just Pol. 5am-7:45amEST WILL be the last chance fire for quick swing trade come up. If anyone knows w way to re use kucoin. It’d be greatful. Or how to beat its kyc system. Please DM me if it works
Analyzing the Potential of #AITECH: Riding the Surge!
It seems like you're discussing a specific stock or investment opportunity related to #AITECH, which has experienced a significant surge of 80% in a single day. Your statement suggests that this could be a moment you've been anticipating, potentially indicating that the stock has caught your attention.
Your strategy, as mentioned, is to accumulate the stock on every dip. This means that when the stock price experiences a temporary decrease or correction, you are taking advantage of the lower prices to increase your position in the stock. This approach is based on the belief that the overall trend of the stock is positive and that buying during dips could lead to potential profits when the price rises again.
You highlight the relatively small market capitalization of $18 million for #AITECH, which could be seen as an opportunity for growth, especially in challenging market conditions. Smaller market cap stocks often have the potential for higher volatility and greater price movements.
The phrase "DYOR" stands for "Do Your Own Research," emphasizing the importance of conducting thorough research before making any investment decisions. It's a reminder for investors to understand the fundamentals, risks, and potential rewards associated with a particular investment.
"NFA" typically stands for "No Financial Advice," indicating that the information provided is not intended as professional financial advice and that individuals should make their own decisions based on their research and understanding of the market.
In summary, your message suggests that you find #AITECH promising, considering its recent surge, small market cap, and the current market conditions. However, it's essential for anyone considering an investment to conduct their own research and be aware of the associated risks.
DXY| 4H structure looks solid and looking the trend to resume.Dollar has been strong for while and now that it has filled and taken out Wed/Fri lows to grap liquidity, I expect it to resume its rally, so am bullish, but keep in mind that no one knows where the market rallies from, we can only predict it, that mean if it drops further, I will update you guys, so stay with me, hit the flow button.
like, flow and please hit boost button and let me know your comments.
1D: $DOT; AMAZING VALUE- PatienceMIL:DOT
If this isn't value i dont know what is. Retracing nearly ..... 100%!! as it just sleeps and sleeps until one day, DOT has RISEN. These plays are what makes your life change IF one can wait. If there is new people here, trust me when I say this..... DON'T be scared and FOOLED by the masses. They wan't you to think and somber about how crypto is dead and will never come back. Those same people are the ones massing mega bags at the darkest depths of the market.
Don't let FEAR and MANIPULATION take over your mind. We know what market's do and what history shows us. Look LEFT! Do you see a common theme?
Been there before and we rise once again!
weeeeeeeeeeeeeeee
USDCAD Long IdeaUSDCAD has just approached a key support level in which it has seen positive price action before. The RSI levels on the 4hr and 2hr time frame show oversold levels which indicate that there is room for the price to rise from this area. The target of this trade is located near the 1.274 area with the stop-loss just below the 1.260 zone.
GoldViewFX - WEEKLY CHART LONG TERM TARGETSHey all,
Weekly chart looks very Bullish with the Goldturn trendline broken to the upside opening target to 1876 and with enough momentum in that range will easily take out the upper targets.
1766 is the lowest of the range we can see over the coming months and any deeper price drops can go as low as 1677. Price does not seem to stay in this low range for long and historically weekly candles wick out. Its worth noting this if we end up in this range in the coming weeks/month to avoid getting sells stuck, as we can see from historical movements, it can leave the range very quickly.
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GoldViewFX
XAUUSD TOP AUTHOR
BSV about to break out?Bsv has been going sideways for a long time now. I’ve drawn trend lines and it seems like it’s nearing a decision point. If it goes down, then I’m putting more in there. If it goes up then good. Either way God bless. Jesus loves you.