ATOM/USDT - Will the support hold ? BINANCE:ATOMUSDT (1W CHART) Technical Analysis Update
ATOM is currently trading at $6.786 and the price has reached it's support level and this support level held strong couple of times in the past, i'm expecting the support to hold this time. The trade is invalid if the candle closes below the support zone.
Entry level: $ 6.788
Stop Loss Level: $
TakeProfit 1: $ 8.050
TakeProfit 2: $ 10.629
TakeProfit 3: $ 13.189
TakeProfit 4: $ 17.218
TakeProfit 5: $ 25.846
TakeProfit 6: 38.797
Max Leverage: 3x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
Signal
LINK - Support is holding strong. What's next ?BINANCE:LINKUSDT (1W CHART) Technical Analysis Update
LINK is currently trading at $13.6 and price has reached it's support zone, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range, we will keep our SL below this 9$ range
Entry level: $ 13.6
Stop Loss Level: $ 7.8
TakeProfit 1: $ 15.261
TakeProfit 2: $ 19.410
TakeProfit 3: $ 22.745
TakeProfit 4: $ 33.347
TakeProfit 5: $ 49.206
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
ICP - Support holding strong, bounce back expectedBINANCE:ICPUSDT (1W CHART) Technical Analysis Update
ICP is currently trading at $79 and price has made significant retrace and currently it is around the support zone. We are expecting this support zone to hold price to bounce back from this support zone. We can enter a long term trade here and do DCA if the price falls down
If the weekly candle closes below the support zone then we can enter a short trade.
Entry level: $ 7.9
Stop Loss Level: $ 5.0
TakeProfit 1: $ 10.181
TakeProfit 2: $ 13.506
TakeProfit 3: $ 19.259
TakeProfit 4: $ 30.912
TakeProfit 5: $ 52.987
TakeProfit 6: $ 76.559
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
OP - Excellent opportunity or will the support break ? BINANCE:OPUSDT (1W CHART) Technical Analysis Update
OP is currently trading at $1.764 and price has reached the bottom of the channel, OP has been trading inside the range and currently price has reached the bottom support line, in the past this support line held strongly multiple times and we are expecting the same this time. If the price bounces back then there is an opportunity for new ATH.
Entry level: $ 1.764
Stop Loss Level: $ 1.290
TakeProfit 1: $ 2.054
TakeProfit 2: $ 2.704
TakeProfit 3: $ 3.845
TakeProfit 4: $ 4.788
TakeProfit 5: $ 6.741
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
FET - Bouncing back from the support zoneBINANCE:FETUSDT (1D CHART) Technical Analysis Update
FET is currently trading at $1.29 and showing overall bullish sentiment. The price has hit the support zone and held strong. We are seeing a clear bounce back from the support, which is a bullish sign and a good opportunity for a long trade.
Entry level: $ 1.303
Stop Loss Level: $ 0.910
TakeProfit 1: $ 1.487
TakeProfit 2: $ 1.644
TakeProfit 3: $ 1.876
TakeProfit 4: $ 2.329
TakeProfit 5: $ 3.336
Max Leverage: 3x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
TON is looking bearish - Good for shorting$BINANCE:TONUSDT (1D CHART) Technical Analysis Update
TON is currently trading at $6.8 and showing an overall bearish sentiment. It is around the support zone, which is looking very weak. The price could break down at any moment. This is a good opportunity for a short trade.
Entry level: $ 6.87
Stop Loss Level: $ 8.6
TakeProfit 1: $ 6.487
TakeProfit 2: $ 6.183
TakeProfit 3: $ 5.753
TakeProfit 4: $ 5.226
TakeProfit 5: $ 4.755
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
XRP - Pending Breakout#XRP/USDT #Analysis
Description
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SCENARIO-1
+ Sudden surge in the XRP price gave some hope for XRP price and currently trading around the resistance zone.
+ breakout from this resistance is essential for the continued bullish trend
+ If the breakout from this resistance confirmed then we can enter a LONG trade.
SCENARIO-2
+ If the price gets rejected from the resistance line then next support is around 0.45 range.
+ from this support we can expect a bounce back and eventual breakout from the resistance.
+ We have a short trade opportunity once we have confirmed rejection from the resistance line.
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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
How to win More Trades (Using Probability)I had a shit last 2 days so I am actually taking today off, I have some work to do on one of my cars so I am going to do that today.
This is also very important, taking a break when you aren't feeling that up to it.
But in this video we discuss probability and how probable any given scenario could be in your favor. If you aren't taking this into consideration you aren't doing what you are supposed to do.
Bitcoin Reversal After Hitting Demand AreaIn my two most recent BTC analyses I talked about an ideal area for entry in case BTC reversed from the top yellow resistance of the channel it has been trading in for 6 months at this point.
As expected, the green area on the chart has functioned as a huge area of demand, right in between the supports (yellow and purple). The drop was a bit more steep than initially anticipated due to a big sell-off in the stock markets, but the reversal is here nevertheless.
At this moment it's still unclear whether BTC will find its way up all the way towards the top of the channel yet again. The daily shooting-star wick suggests that bulls took over in the short-term, however.
As mentioned in previous analyses, BTC is currently trading in a longer term grey zone. I'm bullish above the top yellow resistance and bearish below the bottom purple support. It's not the time for long-term longs or shorts, in my view.
Remember my last ETH analysis where I talked about the initial bearish shock after the spot ETF approval (we saw the same with the BTC spot ETF). If the BTC ETF is any indication, we will enter a long-term trend from here.
DKNG DraftKings Options Ahead of EarningsIf you haven`t bought DKNG before the previous earnings:
Now analyzing the options chain and the chart patterns of DKNG DraftKings prior to the earnings report this week,
I would consider purchasing the 36usd strike price Puts with
an expiration date of 2024-8-2,
for a premium of approximately $1.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
KODK Eastman Kodak Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of KODK Eastman Kodak Company prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $0.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
U Unity Options Ahead of EarningsIf you haven`t bought Unity before the previous earnings:
Now analyzing the options chain and the chart patterns of U Unity prior to the earnings report this week,
I would consider purchasing the 20usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.33.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Price Hits Key Support Zone at 0.992 with Potential for Rebound#ZIG/USDT #Analysis
Description
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+ The price has reached a critical support zone around the 0.992 range, and there are signs that it may be poised for a bounce back.
+ Support Zone: The price has hit the 0.992 support level, a key area that could provide a foundation for a potential rebound.
+ Bounce Potential: Current price action suggests a likelihood of a bounce from this support zone
+ RSI Divergence: A clear divergence on the RSI indicates a potential shift in momentum, further supporting the case for a possible rebound.
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VectorAlgo Trade Details
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Entry Price: 0.099014
Stop Loss: 0.076742
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Target 1: 0.110634
Target 2: 0.123872
Target 3: 0.140993
Target 4: 0.161473
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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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
COPPER 📊 #XCUUSD
⏱ TIME: 1D
📝Technically and fundamentally, it is a very good place and the position has little risk
⭕️risk: low
📍The initial buying market around: 3.98
📌TP1: 4.086 $
📌TP2: 4.175 $
📌TP3: 4.298 $
📌TP4: 4.408 $
⛔️SL: 3.86 $
❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
MATIC: Support holding strong | Expect a bounce soon#MATIC/USDT #Analysis
Description
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+ MATIC has reached a critical support zone, a level that has held strong for more than two years. The price is currently at this same support zone, and while we have yet to see a strong rebound, expectations for a bounce back remain high.
+ This major support zone has been a reliable foundation for over two years, consistently preventing deeper declines.
+ he price is once again testing this key level, and so far, the support has held firm. While a significant rebound has yet to materialize, the strength of this zone suggests that a bounce back could be imminent.
+ Though a strong rebound has not yet occurred, the historical resilience of this support zone indicates a high likelihood of a recovery in the near term.
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VectorAlgo Trade Details
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Entry Price: 0.4234
Stop Loss: 0.2836
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Target 1: 0.5477
Target 2: 0.7841
Target 3: 0.9784
Target 4: 1.4520
Target 5: 2.5783
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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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
EURUSD - Shorting Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈As per my last analysis, attached on the chart, EURUSD rejected the upper bound of the rising blue channel.
Currently, EURUSD is retesting that trendline again!
Moreover, the zone marked in green is a strong resistance zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the resistance zone in green and upper blue trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #EURUSD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin (BTC)19-15k is a good opportunity for buying the dip and hold it for long term
as you see bitcoin and whole crypto market following the macro economy and even if you compare it companies like Meta or Alibaba you will understand how mature this market gets and how bright future it has. right now btc stuck at 18500 and 20300 channel which is a great signal for future traders.many altcoins pumping as well and we have plan to cover it as much as possible too