Flying Saucer and +300% Profit 🛸#TWT/USDT #Analysis
Description
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+ TWT has developed a promising saucer pattern, signaling a potential breakout from the resistance level. This breakout will pump the price of TWT
+ I plan to enter a LONG trade following the breakout, with my entry point set just above the resistance level at around 1.4.
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VectorAlgo Trade Details
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Entry Price: Above 1.400
Stop Loss: 1.2352
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Target 1: 1.4486
Target 2: 1.5273
Target 3: 1.6385
Target 4: 1.7298
Target 5: 1.8287
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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.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Pump
Meme coin - PEPEBTC continues to fluctuate around the ATH, while meme tokens have seen significant gains in recent times. The value of meme coins is not supported by the project, and price fluctuations often come from the flow of whales. Historically, every time meme storm hits, a correction cycle is about to begin for BTC. The most recent one occurred in May 2023, when the birth and growth of PEPE brought a 15% correction to BTC.
But this does not affect the indicators that bring you profits. For PEPE, the TSB indicator provides signals at different levels. At the daily level, the TSB indicator prompted a BUY signal on Feb.23. If you had opened a long position at that time, you would have gained more than 400%, and the continuous rise will hardly make you paperhand.
Switching to the 4h level, the TSB indicator gave a BUY signal almost on the same day. Although a long order has just been settled, the TSB indicator will not prevent you from missing the next rise. The timely signal can still allow you to capture the main gains.
The fundamentals of meme coin are of little significance. Price fluctuations are more caused by the behavior of whales. Technical indicators are more advantageous for meme coin.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
IOTX remains bullishI made this call along with others back in November, SEED_DONKEYDAN_MARKET_CAP:IOTX RSI looks great, and its steady climb confirms for me it's ready to go!
So excited for the future of legitimate altcoins, which also includes pair of Meme coins.
Let's see how the rest plays out, .24c near future?
Check out my other ideas as well.
Axelar (AXL)In red days of markets there are some projects that hold the line and goes up, one of them is AXL, Axelar delivers secure cross-chain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API on top of a permissionless network that routes messages and ensures network security via proof-of-stake consensus. Axelar goes far beyond sending wrapped assets with General Message Passing, which carries any payload securely cross-chain. Applications can call any function on any connected chain, and deliver a one-click experience for users on any other connected chain. This is a new kind of dApp development that puts users first and lets developers build on the platform best suited to their use case.
tp 1.1 , 1.5 , 2.9
sl 0.8 , 0.75
ARB is about to sweep???I think that we could see the pump today!!!
Are you ready to make some cash???
Personally I took over half my money out of my exchange and am playing with smaller stacks.
If the cycle is over we could be seeing some solid pain. I think most of the cryptos have 1 week remaining in this cycle.
BE SAFE!! TAKE SOME PROFIT!!
NOT FINANCIAL ADVICE!!!
RLC - An Unconventional Trade Opportunity - For Brave-hearted #RLCUSDT Analysis
Description
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+ RLC is presently consolidating near the resistance zone, displaying a consolidation pattern akin to its previous two consolidations.
+ Although this pattern may seem unconventional for trading, I maintain optimism regarding RLC's potential to adhere to this pattern and progress towards the next target.
+ Should this pattern persist, I intend to enter a long trade with a target set around 5.762. + Consider following this trade if you're willing to assume some risk in pursuit of substantial profits.
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VectorAlgo Trade Details
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Entry Price: 3.870
Stop Loss: 3.383
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Target 1: 4.191
Target 2: 4.490
Target 3: 4.996
Target 4: 5.762
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-15x
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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
PENDLE - Is there a trade opportunity here ? #PENDLE/USDT Analysis
Description
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+ As depicted in the chart, the price of PENDLE has broken out of the channel after trading within it for approximately a month.
+ This bearish breakout suggests an imminent phase of price consolidation following a bullish trend that persisted for over a month.
+ This presents a favorable opportunity to initiate a SHORT trade.
+ While significant profits may not be attainable in this trade, given the potential for price rebound from one of the support levels, it still represents a respectable opportunity.
+ I anticipate a price rebound after reaching the support range around 2.6.
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VectorAlgo Trade Details
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Entry Price: 2.9762
Stop Loss: 3.44
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Target 1: 2.827
Target 2: 2.6256
Target 3: 2.4415
Target 4: 2.2552
Target 5: 2.124
Target 6: 1.999
Target 7: 1.619
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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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Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
GMXUSDT 30% PUMP INCOMING!??? Check it out!In my eyes, it seems like GMXUSDT is in for its own bull market. Follow me here on trading view if you want my entry FOR FREE on time. I will be posting analysis of all my other high conviction plays that will make me thousands in 2024 on my trading view profile.
50%+We have fear in the markets and SEI is ready for a FULL MOONPotential wave 5 of wave five coming in HOT!
It is on schedule witht the full moon as others are not IMO.
Fresh 30% correction and primed for the breakout!!
Will BTC stall and pmup the others like how Sushi just pumped?
Doge is also ready to fly!!
Bitcoin at strong Resistence zone with FiboBINANCE:BTCUSDT.P BINANCE:BTCUSDT KUCOIN:BTCUSDT BYBIT:BTCUSDT
Bitcoin Technical Analysis Update
The recent weeks have seen a remarkable performance in Bitcoin, driving significant attention and speculation about its next movements. However, as with all financial markets, dynamics are subject to change, reflecting the constant ebb and flow inherent to trading environments.
Upon reviewing the provided chart, it's evident that Bitcoin has deviated below the ascending parallel channel, typically indicating a potential downturn or market correction phase. This observation aligns with classic technical analysis principles, where such a breakout often signals a reversal of the prevailing trend.
Further supporting this perspective is the application of Elliott Wave Theory. The analysis suggests that Bitcoin has completed the 5th wave in its impulse wave pattern. Historically, this phase precedes a corrective stage, often delineated as an ABC correction or a more intricate WXYXZ correction. This theoretical framework offers a structured approach to anticipating market movements based on investor psychology and price action.
The chart delineates several key price levels that merit attention. These include significant support and resistance levels, which have been historically proven to influence Bitcoin's price trajectory. Notably, the Fibonacci retracement levels at 0.382 and 0.618 are highlighted as potential areas where the market may pivot or stabilize. These levels are renowned for their reactionary nature in trading, serving as benchmarks for entry or exit points.
The current projection suggests a downward trajectory towards the 0.618 Fibonacci level, aligning with the inherent corrective pattern anticipated post an impulse wave completion. This level, coupled with historical support and resistance zones, provides a foundational basis for setting strategic trading parameters.
In summary, while Bitcoin has showcased an impressive rally, the underlying technical indicators suggest a forthcoming correction. Traders should closely monitor the identified support and resistance levels, particularly the 0.618 Fibonacci retracement, for potential market responses. As always, it's crucial to approach trading with a balanced perspective, integrating technical analysis with comprehensive market insight.
ARDR ANALYSIS🔮 #ARDR Analysis 💰💰
🌟🚀 As we can see that there is a formation of Falling Wedge Pattern in #ARDR in 1W time frame. Broken out could lead to a relief rally towards $0.1500 📈📈
🔖Current Price --- $0.0963
🎯Target Price ----- $0.1500
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #ARDR. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ARDR #Cryptocurrency #DYOR
💡 Advanced Technical Analysis: NRFBUSDT Action 💹📊📈 Get ready to capitalize on a major growth opportunity with NRFBUSDT action. My in-depth analysis, based on Fibonacci principles, reveals key levels indicating significant upside potential.
🔍 Fibonacci Levels:
My Fibonacci study points to critical levels, with crucial buying zones between 0.0006676 and0.0009923. These levels, marked in orange and red, represent potential reversal points based on historical price dynamics. + ≈ 520 %
📊 Technical Analysis:
Technical indicators confirm the strength of this analysis, with emerging bullish reversal signals. Support and resistance levels all support the prospect of imminent upward movement.
🔒 Risk Management:
While the profit opportunity is enticing, prudent risk management is essential. Establish appropriate stop-loss levels and diversify your portfolio to mitigate potential risks associated with any operation.
📈 Future Outlook:
With market fundamentals at play and current trends, NRFBUSDT action presents short-term growth potential. By keeping a keen eye on market developments and adjusting your positions accordingly, you could maximize your returns.
🔍 Conclusion:
NRFBUSDT action offers an intriguing investment opportunity, supported by robust technical analysis on a trendline with stabilization and promising signals
WAVES/USDT - Cool as cucumber | Dump and Pump #WAVES/USDT Analysis
Description
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+ After gradual crash over the month, we are seeing a decent bounce back in the price
+ If this bounce back is really a next leg of the long trend then we are looking the price to reach next major resistance
+ If the bull trend we have multiple minor resistances and those resistances can be broken very easily if the trend is strong
+ Lets see how the price reacts and enter the trade only after the confirmed breakout
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VectorAlgo Trade Details
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Entry Price: 2.357
Stop Loss: 2.014
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Targets 1: 2.430
Targets 2: 2.550
Targets 3: 2.750
Targets 4: 2.900
Targets 5: 3.075
Targets 6: 3.220
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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.
Like and follow us for more ideas.
Regards
VectorAlgo
Ada heikin ashi reversalif you know how heikein ashi works, well this is kinda bullish, the down trend is slowing down, and we could easily see a green heikin ashi bar path come up, a V shape return is very possible in my opinion too. And unlike the other currencies, ada dropped like 50%+ in the past couple weeks, and it's hitting major support, macd is ready for a cross and rsi is ready for a return, I really don't think it can go any further down. Bitcoin going back up definitely helps too.
POWL an earnings pop will it continue or dropPOWL destroyed analysts' estimates may more than it did the previous quarter.
Of special note, the mass index indicator rose above the threshold but has not yet triggered
a reversal signal. The next trading session may be a drop or a rest until next week.
Call options striking 100 for 15DTE did 300%. I contemplate taking put options striking $110
with the same expiration. Risky for sure but maybe highly rewarding.
buy in bull-trend📊Analysis by AhmadArz:
We are one movement , we wait for 50% correction for keep movement.
🔍Entry: 2.423
🛑Stop Loss: 2.379
🎯Take Profit: 2.469 - 2.53 - 2.576
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!