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LONG

JASMY TECHNICAL ANALYSIS + TRADE PLAN (at the breaking point)Let’s break down the technical analysis for JASMY/USDT (Blaž Fabjan) Falling Wedge Pattern: Resistance: The upper trendline of the wedge shows that price has consistently been making lower highs, but the slope is not steep. Support: The lower trendline connects lower lows, but the declines are shallow, indicating sellers are losing strength. A breakout from the wedge, especially on strong volume, often leads to a bullish trend reversal. Volume: The volume bar shows moderate activity, but for the breakout to be valid, you will need confirmation through an increase in trading volume. Current volume is around 34.85M, which should increase significantly during a confirmed breakout. Momentum Indicators: VMC Cipher B Divergences (Market Cipher Indicator): Shows red dots indicating bearish divergence. However, this indicator could shift quickly depending on market movement. Relative Strength Index (RSI): Currently at 41.82, it is in the lower range of the neutral zone, indicating oversold conditions. A move above 50 would strengthen the bullish case. Stochastic RSI: At 13.47, this indicator is signaling extreme oversold conditions, which may imply that a rebound is likely. Hull Moving Average (HMA): Displays slight bearish momentum (red), but this could reverse once a breakout happens from the wedge. Price Levels to Watch! Breakout Level: If JASMY breaks the wedge's upper resistance (approximately 0.0193 - 0.0195 USDT), this would confirm the pattern. A sustained breakout with high volume could push the price higher. Support Level: Immediate support lies near 0.0188 USDT, based on the lower wedge trendline. A breakdown below this level could invalidate the bullish reversal. Resistance Level (Post Breakout): After breaking the wedge, the next target is 0.0210 USDT, a key resistance level highlighted on the chart. A further target can be 0.0220 USDT. TRADING PLAN Entry: Aggressive Approach: Enter at the current level or as soon as price reaches near the upper wedge resistance (0.0193 - 0.0195 USDT) with a tight stop loss. Conservative Approach: Wait for a confirmed breakout above 0.0195 USDT with increased volume, followed by a retest of the breakout zone. Stop Loss: Place a stop loss just below the lower trendline of the wedge, around 0.0185 USDT, to manage risk in case of a breakdown. Take Profit Levels: First Target: 0.0210 USDT (resistance from the previous highs). Second Target: 0.0220 USDT (next significant resistance). Long-Term Target: If the breakout is strong, higher levels like 0.0230 USDT could come into play. Risk Management: Risk no more than 2-3% of your trading capital on this setup. Adjust the stop loss to breakeven once the price hits the first target. Exit Strategy: If the price fails to break the wedge within the next 1-2 candles or breaks below 0.0185 USDT, consider exiting the position to minimize losses. Trailing stops can be used to lock in profits as the price moves toward 0.0210 USDT and beyond. The falling wedge formation suggests that a bullish reversal could be imminent for JASMY. However, traders should watch for confirmation through a breakout above the resistance line with strong volume. Utilize proper risk management to protect against downside risk while positioning for potential gains.
Long
by elfabiiani
ETH - What's next ?#ETH/USDT #Analysis Description --------------------------------------------------------------- + ETH has been trading within a range for over 2 months now. + The highest price reached was around $2800, and the lowest was in the $2100 range. + Currently, the price is in a downtrend, heading towards the support zone around the $2200 level. + We can expect an immediate reversal from the $2200 range. + This seems to be the final downtrend for ETH, and once it bounces from the support, we can anticipate it reaching the resistance zone and potentially breaking out with ease. + Let's see how this scenario unfolds. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- 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
Long
by VectorAlgo
2
EURUSD The Target Is UP! BUY! My dear followers, This is my opinion on the EURUSD next move: The asset is approaching an important pivot point 1.0807 Bias - Bullish Safe Stop Loss - 1.0748 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.0902 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURAUD Will Explode! BUY! My dear followers, I analysed this chart on EURAUD and concluded the following: The market is trading on 1.6192 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6240 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
USOIL What Next? BUY! My dear followers, I analysed this chart on USOIL and concluded the following: The market is trading on 68.78 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probableBullish continuation. Target - 71.64 Safe Stop Loss - 67.44 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
TVC:USOILLong
by AnabelSignals
1
21/10/24 Weekly outlook (day late)Last weeks high: $69,001.51 Last weeks low: $62,475.70 Midpoint: $65,738.60 Bit of a different weekly outlook this week as I couldn't post yesterday. So with the benefit of hindsight it looks like we have a swing fail pattern in the making after taking the liquidity from the $69,000 ('21 ATH) level. I would say judging by the chart I would want the downside to be capped at the Midpoint, continuing the trend pattern of higher highs and higher lows. The '21 ATH has been the biggest hurdle for BTC over the last 7 months with repetitive rejections, if the lows can keep creeping up then eventually we should get a spring above and that should be the move for an ATH run which should happen soon after if all goes well. Naturally we have ever increasing outside interference with the US election just around the corner, we know this is likely to cause volatility so be careful of that. Prediction markets like Polymarket have Trump as favourite, he is the pro bitcoin candidate so it should be a positive for the space if he were to be elected but you never quite know what will happen until it's confirmed. This week I want to see BTC continuing to make higher lows and higher highs. Altcoins have cooled off a little too after the initial BTC burst up from $60,000 so I'm looking for opportunities there too.
by ProR35
SPX500USD Will Grow! Long! Please, check our technical outlook for SPX500USD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,849.9. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,898.0 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:SPX500USDLong
by SignalProvider
1
NZDCHF Will Go Up! Buy! Please, check our technical outlook for NZDCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.523. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.536 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
EURGBP Expected Growth! BUY! My dear subscribers, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8334 pivot level. Bias - Bullish My Stop Loss - 0.8324 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8355 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1