NEAR - A simple tradeBINANCE:NEARUSDT (1D CHART) Technical Analysis Update
NEAR is currently trading at $5.3 and price is bouncing back from the support line, price is expected to continue in the same trajectory, however lets keep the stoploss below the support zone.
Entry level: $ 4.8 - 5.3
Stop Loss Level: $ 4.1
TakeProfit 1: $ 5.965
TakeProfit 2: $ 6.995
TakeProfit 3: $ 8.425
Max Leverage: 3x
Position Size: 1% of capital
Remember to set your stop loss.
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Long-signal
APT - Third bounce from the support, another opportunity ?BINANCE:APTUSDT (1W CHART) Technical Analysis Update
ATP is currently trading at $7.00 and price has hit the support for the third time, in the past two times whenever price hit the support line it bounced back immediately while giving a decent return on the long trades. I'm expecting similar behaviour this time.
Currently price is around the support zone which is giving us a good opportunity to enter the trade early, if the price drop again, we can do DCA.
Entry level: $ 6.0-7.0
Stop Loss Level: $ 4.29
TakeProfit 1: $ 8.06
TakeProfit 2: $ 10.05
TakeProfit 3: $ 12.18
TakeProfit 4: $ 15.21
TakeProfit 5: $ 19.40
Target for Spot Entry: 30
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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TRU/USDT - A long term trade with right entry BINANCE:TRUUSDT (1W CHART) Technical Analysis Update
TRU is currently trading at $0.147 and the price is currently reversing towards it's support zone and we expecting this support zone to hold strong. We have a good opportunity for a long trade in spot market or with the low leverage. i'm entering the trade at the current price and planning DCA if price drops more.
Entry level: $ 0.1477
Stop Loss Level: $ 0.08459
TakeProfit 1: $ 0.19248
TakeProfit 2: $ 0.24517
TakeProfit 3: $ 0.39943
TakeProfit 4: $ 0.67278
TakeProfit 5: $ 1.04682
Max Leverage: 2x / Spot
Position Size: 1% of capital
Remember to set your stop loss.
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RNDR - A long term trade opportunityBINANCE:RNDRUSDT (1D CHART) Technical Analysis Update
RNDR is currently trading at $9.39 and showing overall bullish sentiment. Price has broken out from resistance multiple times and now it has hit the support again and bounced back from the support line. This is showing overall bullish momentum and we have a good long term trade opportunity here.
Entry level: $ 9.43
Stop Loss Level: $ 6.55
TakeProfit 1: $ 10.7598
TakeProfit 2: $ 12.3494
TakeProfit 3: $ 15.6090
TakeProfit 4: $ 19.4590
TakeProfit 5: $ 27.9267
TakeProfit 6: $ 35.9265
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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OCEAN will be Delisted from BybitWhile OCEAN coin will get delisted from Bybit exchange on 07.06.2024, it is still looks exceptionally bullish. Perhaps it is just a price manipulation by exchange before the BIG Pump?
GALA - Ranging market giving LONG Trade opportunityBINANCE:GALAUSDT (12H CHART) Technical Analysis Update
GALA is currently trading at $0.03845 and price has hit the support, price has been in the ranging market for more than a month. I'm expecting the price to bounce back from the support and hit the resistance zone. This will give a nice profit in a long trade.
Entry level: $ 0.03846
Stop Loss Level: $ 0.03482
TakeProfit 1: $ 0.04046
TakeProfit 2: $ 0.04201
TakeProfit 3: $ 0.04470
TakeProfit 4: $ 0.04930
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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BTCUSDT could be heading towards a new All-Time HighWe can clearly see that 67k is a very strong support/demand area, which is currently being respected. And as long as Bitcoin remains above, without a decisive daily break and close blow 66k, we will continue to expect a potential rally.
Along with the BTC, Alts should feel very strong as well, and many should go ballistic.
Quant (QNTUSDT) Anticipating an Upside MoveQNTUSDT has demonstrated consistent adherence to the uptrend trendline, coupled with robust support near the $110 level. Despite recent daily downward spikes, each instance has been met with a resilient bounce off the $110 support zone, indicative of strong bullish defense.
This price action substantially bolsters the likelihood of an uptrend continuation for QNTUSDT. Consequently, we anticipate a move to the upside, targeting the 161.8% Fibonacci resistance level at $173. Investors should monitor QNTUSDT closely for further developments as it navigates this potential upward trajectory.
HIVEMAPPER (HONEY) green diamond signal "Strong Long"There is a Strong Long signal for Hivemapper. Based on my understanding and seeing this signal elsewhere, the signal does not cause an immediate reaction and reflect reactionary growth in a speedily fashion. Either way it's a good signal to have for a losing crypto knowing this could mean the coming positive gains is ahead.
Polygon (MATICUSD): Time To Blow Expectations!Polygon (MATICUSD): BINANCE:MATICUSDT
For Matic, it is now assumed that we have developed the first Wave (a) around our 50% level at just under 90 cents. Now, we're working on developing Wave (b), which is currently at the 138% level and at the end of our resistance zone. This zone has been significant in several instances, holding up so far, and indications suggest it continues to hold. If we surpass this 138% level, it would imply that our limit order, or rather Wave ((ii)), has been reached, concluding this phase and entering Wave ((iii)). If this doesn't happen, we continue to expect a sell-off down to the 50% level, and at most to the 78.6% level.
UNOUSDT 144% Growth ExpeditionUNOUSDT is currently showcasing a robust and exponential uptrend, indicating promising growth potential. Notably, the recent resistance zone around $0.07 has transitioned into a support level, serving as a pivotal starting point for what we anticipate will be a remarkable 144% rally.
Our analysis suggests that this rally may unfold rapidly, potentially materializing within a span of just a few weeks. However, we acknowledge the possibility of the rally extending over a period of up to three months. Despite this variability in timeline, the overarching sentiment surrounding UNOUSDT's price action remains unequivocally bullish.
Bitcoin 100k AscentBitcoin is poised for its next upward move, although a period of further consolidation seems probable.
Currently, we anticipate a pullback towards the 61.8% Fibonacci support level around $66k. If/when such a pullback will occur, it will likely present a compelling risk/reward opportunity for buyers.
Altcoin Boom and QTUMUSDT 150% PotentialQTUMUSDT has broken above the uptrend trendline resistance, a significant milestone in its price action journey. Following this breakout, we observed a subsequent breach of the previously established high at $4.27. While the current pullback may appear as a temporary setback, it actually presents a compelling long-term buying opportunity not only for QTUMUSDT but also for most altcoins.
This pullback could mark the onset of the strongest upside wave for alts, with the potential for approximately 150% price increase in the coming months. For QTUM, our upside target is set at $10.6, aligning with the 361.8% Fibonacci retracement level.
Be prepared for what could be an extended altcoin season, offering opportunities for both short-term and long-term positions.
ALT - Breakout from the resistance >|||<#ALT/USDT #Analysis
Description
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+ The price of ALT is currently hovering around the resistance level, suggesting a potential breakout.
+ If the price manages to successfully breach the resistance level, it presents an opportunity to enter a long position.
+ I plan to initiate a long position once the breakout is confirmed.
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VectorAlgo Trade Details
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Entry Price: 0.67159
Stop Loss: 0.5388
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Target 1: 0.7383
Target 2: 0.7950
Target 3: 0.8173
Target 4: 0.9928
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Timeframe: 4H
Capital Risk: 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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Best Regards,
VectorAlgo
COMPUSDT is about to go BOOM!COMP has successfully broke the resistance uptrend trendline, after which an ABC correction followed. Based on these facts, we can assume, with high probability that the trend remains bullish, in fact, aggressively bullish.
Therefore we expect a 100% price increase, where COMPUSDT should hit $160 mark, where double Fibonacci resistance is located.
INJ/USDT - A Quick Trade#INJ/USDT #Analysis
Description
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+ Price is at the current support level and i could see price retracing back to it's bullish trend
+ I'm expecting price to hit the its resistance level
+ I see a good long trade opportunity, i'm entering with 1% Risk
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VectorAlgo Trade Details
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Entry Price: 38.0
Stop Loss: 33.9
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Target 1: 41.8
Target 2: 46.0
Target 3: 52.1
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Timeframe: 4H
Capital Risk: 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.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
AAVEUSDT - Bouncing back from the support#AAVEUSDT (4H Chart) Technical Analysis Update
AAVE is bouncing back from the support.
As you can see in the chart, this is the 4th time its bouncing back from support and every time it bounced back from the support it made significant gain.
AAVE/USDT currently trading at $85.24
Entry Level :$ 85-84
Stop Loss: Below $82.52
Resistance level 1(Target) : $87.48
Resistance Level 2(Target): $91.9
Resistance Level 3(Target): $95
Resistance Level 4(Target): $99.65
Risk Reward Ratio : 1:5.2
Max Leverage: 5X
ALWAYS KEEP STOP LOSS...
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Perfect Falling Wedge Breakout BINANCE:TLMUSDT (4H CHART) Technical Analysis Update
TLM is currently trading at $0.01361 and showing overall bullish sentiment after the falling wedge breakout
We are seeing a clean falling wedge pattern with a perfect breakout signalling a bullish momentum.
Entry level: $ 0.01309 - 0.01360
Stop loss level $ 0.01193
Target 1: $ 0.01429
Target 2: $ 0.01616
Target 3: $ 0.01733
Target 4: $ 0.01976
Target 5: $ 0.02173
Max Leverage: 2x
Don't forget to keep stop loss.
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LINKUSDT - Box is open and destination is 25$LINK consolidated heavily in inside the box with the range from 12 to 16, this was a good range for link to consolidate and get ready for the next target.
As the link is currently broken out of the consolidation box we can expect the price to reach 25$ easily.
We can enter position at current price (18.5$ ) and our first Target is 20$ and last target is 25$
Entry Price: $18.5
Stoploss: $15
TP-1: 20
TP-2: 22
TP-3: 25
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GreenCrypto
BLUR - A blurry trade and decent opportunity BINANCE:BLURUSDT (4H CHART) Technical Analysis Update
BLUR is currently trading at $0.6676 and showing overall Bullish sentiment
Price currently broken out from the resistance line. the next target is around 0.75 which is our exit price.
Entry level: $ 0.6479 - 0.6677
Stop loss level: $0.5604
Target 1: $ 0.6940
Target 2: $ 0.7361
Target 3: $ 0.8270
Target 4: $ 0.9326
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto