SAGAUSDT 1DSAGA ~ 1D
#SAGA If you still have Conviction on this coin,. This support block would be a very good buying place for now. buy in stages with a target of 15%++
SAGAUSD
SAGAUSDTSAGA ~ 1D
#SAGA If you still have Conviction on this coin,. This support block would be a very good buying place for now. buy in stages with a target of 15%++
SAGA - Daily Bullish SignsBINANCE:SAGAUSDT coin is showing signs of a strong reversal on the daily chart, with bullish legs becoming stronger than the previous bearish ones. This suggests increasing buying pressure, and after a potential pullback, we could see more upward movement.
On the fundamental side, KRAKEN:SAGAUSD has been gaining traction since its mainnet launch in April 2024. It’s a unique Layer 1 protocol that allows developers to create dedicated chains, offering infinite scalability, interoperability, and cost-effective solutions. The project has already attracted around 350 projects, mostly in gaming, and has formed partnerships with key players like Polygon and Avalanche, which could drive its adoption further
SAGA UPDATE (12H)This analysis is an update of the analysis you see in the "Related publications" section
The price seems to have ended up with a symmetrical one instead of a diametric one.
We are now in wave C of a bullish pattern.
The price has two TP ahead which we marked on the chart.
If the price reaches TP 2, it can be strongly rejected downwards
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SAGA ANALYSIS (4H)It seems that after the end of the first bearish diametric, we have entered another bullish diametric.
It seems we are now in wave E of the bullish diametric.
From the supply range, the price can be rejected downwards to complete the F wave.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SAGA - Strong Recovery with the bullish opportunity#SAGA/USDT #Analysis
Description
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+ Price has hit the horizontal support zone twice and bounce back immediately, which implies that the support is holding strong and it's highly unlikely that price will go below the support zone.
+ Currently price is at the resistance zone and a strong breakout from this resistance zone will push the price higher yielding a decent profit for long trade.
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VectorAlgo Trade Details
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Entry Price: 1.7419
Stop Loss: 1.1308
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Target 1: 2.0901
Target 2: 2.5828
Target 3: 3.1821
Target 4: 4.6493
Target 5: 6.4239
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
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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VectorAlgo
SAGAUSDT Bullish Head and Shoulders PatternSAGAUSDT Technical analysis update
SAGA has formed an inverse head and shoulders pattern on the 4H chart, with the price moving towards the neckline for a breakout. On the daily chart, the price has formed a descending channel. Both breakouts could occur simultaneously. If the price breaks out, we can expect a strong bullish move.
Buy zone : Below $1.55
Stop loss : $1.21
Always Keep Stop Loss
SAGA - 4H Perfect Buy OpportunitySAGA had three bearish legs, each resulting in a 60% price fall, demonstrating a strong downward trend. Within these bearish moves, there were two bullish pullbacks, each with a 60% rise, indicating temporary reversals before the continuation of the downtrend. Currently, SAGA is at the bottom of the latest bearish leg.
Given the pattern, I expect a rise as a pullback to the first resistance zone, which is a typical market behavior after such significant drops. If SAGA manages to break through this resistance zone, it could potentially rise further to the order block of the last bearish leg. This scenario would align with previous patterns of price action, suggesting a short-term bullish move within the overall bearish trend.
Is SAGA bullish?As you know, SAGA does not have data to review and cannot be analyzed.
This project is a strong project backed by 13 billion dollar stake.
But this project was chosen as the 51st project of Binance Launch Pool
With our previous reviews of the Binance Launch Pool projects, we found out that usually the symbols listed in this way in Binance underwent a time correction between 70 and 90 days and then moved upwards.
We expect to see a trend change for SAGA on the date between the two vertical lines on the chart.
Note: For buying and risking, the price bottom is not clear, and only on the chart, we indicated the time of trend change schematically.
When we reach the time to change the trend, we can enter the buy position by getting the confirmation and the trigger
Beware, SAGA is near a resistance rangeAfter a good climb, it has reached a resistance FL range.
Even if SAGA wants to break out of this area, it must have a correction ahead. Note that this correction may not be deep, so when we reach the first target, save some profit and then place a stop on the entry.
This area can contain many sell orders.
It has also swept up a large liquidity pool.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
