Get started

Spot

$BTC doing exactly what we said...Was away and have not posted here in some time. Was away and had a few things neded to take care of. Please see profile for more info on that. Will consolidate everything we have said on #Bitcoin over last few days. CRYPTOCAP:BTC was worth a shot early this week or late last week. We bought overnight Sun - Mon. Mid 60's is likely around the corner. Don't see #BTC in the high 60's but 67k is definitely possible. Buy volume is still WEAK. Not crazy about that BUT at least it has been more buys, sellers might be done for now.
INDEX:BTCUSDLong
by ROYAL_OAK_INC
1
SPOTIFY to resume the uptrend and target $400.Spotify (SPOT) tested and held the 1D MA50 (blue trend-line) on Monday. This is the second progressive MA hold it makes after rebounding on the 1D MA100 (green trend-line) on July 18 2024. The latter technically was a Higher Low on the nearly 2-year Channel Up pattern that has posted two cycles of Bullish Legs within that time span of around +160% each. The 1D RSI is posting a similar Bull Flag as in September - October 2023, so we might be in the same symmetry as that price action. As you can see, that fractal rose to above the 1.5 Fibonacci extension following a 1D MA50 rebound, so if the current price action replicates it, we should see $400 by early November. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:SPOTLong
by TradingShot
FETUSDT at Support: A Prime Opportunity for Spot BuyersFETUSDT has reached a critical support area, presenting a potential buying opportunity for traders and investors. In this analysis, we explore the significance of support levels, why this could be an ideal entry point, and how to strategize your purchase on the spot market. Learn how to assess the current market conditions, manage risks, and optimize your trading decisions as FETUSDT tests this key support zone. Whether you're looking to capitalize on short-term gains or hold for the long run, this guide provides the insights you need to make informed moves.
Long
by Darshana_Alwis
Maximizing Gains: A Strategic Guide to Buying FETUSDT on SpotIn this article, we dive into the strategy of buying FETUSDT on the spot market, offering insights into timing, risk management, and market trends. Learn how to capitalize on the unique opportunities presented by FET, a rising star in the crypto space, and USDT, a stablecoin trusted by investors worldwide. Whether you're a seasoned trader or a crypto newbie, this guide will equip you with the knowledge to optimize your investment and navigate the dynamic world of cryptocurrency trading.
Long
by Darshana_Alwis
1
STG Long Term Profits PlanHello traders! Currently, we are experiencing a big drop in Crypto but other markets have also been dropping hard. So, now instead of going all panic mode let's switch gears and plan ahead to take advantage of the buying opportunities. So, here's my plan in the long term for StarGate. 1) Right now, we can see price hit the Demand Zone which is the zone marked in green. It got pierced though recently after a real long time. However, it's turning into a hammer candle and reversing altogether which means strong buying pressure stepping and it could totally be a fakeout, so we should stay alert to see how it plays out. Possible confirmations for the demand zone to be safe are: Wait for the price breakout and take a position when it re-test the zone back again. In the future if the bearish trendline gets broken, we can expect an important rise on the price. We still have to deal with a strong supply zone which is marked in red. If price manages to pierce through the supply then we fly to the moon ♥ meanwhile, I'll be monitoring weekly and informing STG movements over time. 2) TARGETS: The nearest one would be 0.53, which would act as a mean reversion zone. After that, we can expect ranging, and we'll have to wait for signs and clues to find out what could possibly happen next. Targets long term: the supply zone and the ATH + This idea is to spot for the long term. This asset is still in ranging mode; there hasn't been a breakout of the range yet. However, it's worth noting that there's a triangle pattern playing out in the monthly timeframe, right now. I hope you find it useful and are able to take advantage of this idea. Kina Tip of the Day: Take profits partially even when they don't seem much because, in the long run, they will grow in a balanced way with the rest of the portfolio. Keep it shiny ⭐ Kina, The Girly Trader
Long
by KinaStar
STG Morning Doji Star 🍨 Massive GainsHey guys! Well, first of all you don't want to miss this chance! Here's my price action analysis for this coin: We have a very strong upwards trendline that has been respected and bounced off from for 7 months. That's a huge hint to prove is a key area! It has been faked out twice and everytime it bounced off from it, came back stronger than ever. Last bounce we had not only it bounced off our upwards trendline but it also formed a strong bullish reversal candlestick pattern: Morning Doji Star! We could say it's trying to break from the downwards move (pennant, triangle) these are very subjective but it adds up to the confluence ice cream bowl. As a side note, candlestick patterns don't have a real meaning unless they happen at a high confluence zone then you really want to play attention to get on board on the train early! Moreover, I recommend you trade SPOT this because market fluctuates and stops can get taken out in higher TF ideas. So HODL ! Targets area marked as TP1, TP2 and TP3 All the best, Kina 🍨 The Girly Trader
Long
by KinaStar
4
AKRO 💰 Long Term Profits Plan Hey guys! This is a very cool coin and you're still on time to get on the wagon! That's right! Here's a plan of action I'm taking and if you like you can also consider it and adapt it to your own beliefs and strategies. Anyways... I've used the graphics icons as they display the emotions for the key areas very clearly. 1) Buy area has the BUY icon, within this area and price even hovering a bit above it still fine to buy for the long term. 2) TARGETS are marked again in the supply zones with rectangles and the phrase Target 1 and so on. This idea is to spot for the long term. This asset is still in balanced mode, there hasn't been a breakout of the range yet. However, it's worth to note it's still a good moment to take advantage of. Hope you find it useful, any questions are welcome. Kina Tip of the Day: Take profits partially even when they don't seem much because in the long run they will grow in balanced with the rest of the portfolio. Keep it shiny ⭐ Kina, The Girly Trader
Long
by KinaStar
3
DENTUSDT ⚛️ Long Term Spot IdeaWhat's up guys! Crazy moment we're living in the Crypto Market these days. BTC halving coming really soon and things could get really volatile real quick! It's really a great moment to have a plan of action to protect your assets. Alright, so I've been asked to share my idea for DENT crypto coin and this is my plan of action. 1) DENT has been in a strong accumultion range for a long time and if you take a look at the bigger picture, you'll notice that it still is stuck in the range. I've marked the zones of this range with big yellow rectangles as shown in the chart. 2) When and where to buy? The best possible area is the lower band of the range but for that we would need a drop in the market which could have already been triggered after touching the resistance band of the range. The other way is wait for the proper confirmation that DENT got activated by buyers and enter at the breakout of the resistance zone which is also marked in the chart with some buy icons. Optimal buy zone: 0.000479 - 0.000800 Second chance buy zone: Break and re-test of resistance from the range at about 0.002800 For the second chance, price entry won't feel as a sniper entry but still is early for the profits you are aiming for. 3) Where to take profits? There are 2 major zones but the most magnet wise that DENT has it's 0.01200 because in the bigger picture this is a critical round number area which price pierced through and then re-tested as resistance so this means it's a level that actually turned support then resistance which is wildly known as a FLIP ZONE in technical analysis. That's why I believe price is going to get some reaction for sure to this level. Now, if you've got diamond hands then HODL DENT might not only re-test ATH but in the upcoming bull run, DENT will be making newer higher highs and breaking out the ATH for sure. However, we don't know HOW LONG is going to take until this plays out but most likely by 2025. I hope you found this idea helpful. Tip of the Day: Don't freak out if things don't go your way. Just take a breather, take a walk, have some fresh air and come back calmer. You'll definitely be making better decisions when you have a clear and calmer state of mind. As always, keep it Shiny ⚛️ Kina, The Girly Trader
Long
by KinaStar
7
SPOT Spotify Technology Options Ahead of EarningsIf you haven`t sold the Head and Shoulders bearish chart pattern on SPOT: nor bought calls before the previous earnings: Now analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week, I would consider purchasing the 290usd strike price Puts with an expiration date of 2024-8-16, for a premium of approximately $15.95. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:SPOTShort
by TopgOptions
Deep Dive into ENS: Full Review of the Project and ENS V2📅 Let's move on to today's analysis. Today, I want to analyze the ENS coin, which is part of the Ethereum ecosystem. With this project, you can buy a domain for your wallet. 🗂 ENS v2 Update : Recently, ENS published an article and introduced the v2 update of the project, announcing that they have added a series of new features to their platform. By collaborating with L2 projects, they aim to reduce fees, increase flexibility, utilize multi-chain capabilities, and make their service more accessible, user-friendly, and cost-effective for everyone, playing a more significant role in the web3 space. ⚙️ How the Project Works : Let's dive deeper into the project and visit its website. The first image you see on the site is a very beautiful landing page. By clicking on "Launch App," you can enter the main space of the platform. 🧩 After launching the app, you need to connect your wallet to the site and search for your desired ID in the search bar. If the domain is available, you can purchase it. If it is registered, it means someone else has already bought it before you. As you can see in the example I searched for, "parham96.eth" has already been registered, but "parham96.box" is still available and hasn't been purchased yet. 🛍 After finding your desired domain, you need to confirm the transaction sent to your wallet. Currently, the cost of this operation, considering the Ethereum network fee, is about $6 for a one-year subscription. According to the project, after the v2 update, these costs will be lower. 🎈 After purchasing, to access the details of your purchased domain, click on the "My Names" section (I prefer not to show you an image of this section due to the privacy of my wallet). You can: 👤 Add a profile picture for your wallet, write a bio, and connect your social media accounts from the profile section. ⚡️ Add another address to your domain from the record section. 🎲 Change the owner of the domain or renew it from the ownership section. 🌐 Create a subdomain for yourself just like websites from the Subname section. ⚓️ Use the permission and more sections to apply other desired settings to your purchased domain. 🌱 Usefulness of the Domain : For example, the "parham96.eth" domain is mine. In this case, I don't need to send my wallet address to someone who wants to transfer to me for each transaction. Just replacing the destination wallet address with the "parham96.eth" phrase will direct the funds to the same wallet. If you search for this domain on Etherscan, you can see it is registered on the blockchain and that the ownership of the domain is also viewable as an NFT in your wallet. 🔄 Renewing the Domain: Click on "Extend," then click "Next," followed by "Open Wallet" to create a transaction. Confirm the transaction through your wallet to renew the domain. ✨ ENS Coin : The ENS project also has a very well-known coin named ENS, which is among the top 100 coins in the market with an $800 million market cap. It is listed on all reputable exchanges, making it a successful project that can achieve even greater success with the launch of ENS V2. 🔍 Technical Analysis : In the daily timeframe, after the price reached a peak of 27.61, the market entered a range, with the price oscillating between 16.58 and 27.61. Following Bitcoin's significant drop, this coin also dropped to the 12.24 area. However, with the announcement of ENS V2 and collaboration with L2 projects, it started an upward movement and returned to the 27.61 area, even briefly breaking this level before returning below it in a fake breakout. 💥 Current Momentum : The price currently lacks momentum. After the fake breakout, there should have been a bearish momentum, but nothing has happened, and the market is still ranging. 📊 Volume Analysis : The volume clearly supports the buyers, as the buying volumes significantly exceed the selling volumes. In the recent bullish candles, the selling volume has significantly decreased. 🧲 Indicators : Due to the ranging market and lack of momentum, I am not using SMAs. However, a break below 43.36 on the RSI would confirm bearish momentum entering the market. 🛒 Long Position : The price has tested the 27.61 resistance six times so far, with increasing buying volume. Given the positive sentiment around ENS V2, it is possible that a few days before the launch, the price will stabilize above this level with a large bullish candle, leaving many behind. 🛎 Short Position : On the other hand, buyers may lose interest in breaking this resistance after six attempts, allowing sellers to enter the market and push the price down. ⚖️ Investment Strategy : If you believe ENS is a good project and that ENS V2 can generate bullish momentum in the market, consider adding this coin to your portfolio and purchasing it according to your strategy. 🎯 Target Prices: If the project succeeds and gains more hype, the initial target prices are 38.10 and 49.27, with the next target being the ATH of 75.80. 👨‍💻 Futures Trading : 📈 For a long position, a candle close above 27.61 in the 4-hour timeframe can confirm an upward trend. You can look for an entry trigger in the lower timeframes like 1-hour, with a target of 32.83. 📉 For a short position, a break below 23.30 and a candle close beneath this level can confirm a downward trend, with a target of 18.94. ♟ Personally, I will try to open a long position on this coin once the price stabilizes above 27.61. For short positions, I prefer to trade a coin with negative news and lacking a strong upward trend like ENS. 🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
Long
by itsparham96
2
ONDO (ONDOUSD): Spot Trading Opportunity Amid Bitcoin BottomWe are screening through some altcoins for potential wick trades on a possible bottom on Bitcoin and found interesting levels on ONDO. Current Analysis: We are looking at the spot chart here as we would plan on entering spot rather than perpetual, but technically, you could do it. We got multiple levels here that support one idea, getting support from the 3D demand zone and the HVN POC (point of control). We got both the 3D and the D FVG above/on the demand zone. In an ideal scenario, we would look at a wick into this demand and nothing more. If this doesn't hold, we would target the second 3D demand and the 3D BPR down below. Everything in between seems irrelevant for a spot trade. Strategy: Our target would be above the current high. If we place a target, we will cover it in a market report as usual.
Long
by freeguy_by_wmc
TLM ❤️ Still good to enter! Here's why | Ichimoku SPOT TradeHey guys! Hope you are well! Here's my idea for this coin. TLM is still in a tight range, if you take a look at the bigger picture in the MONTHLY chart we can see this is clearly stuck in a box. So even though Market has been on a frenzy lately with memes coins blowing up, this coin hasn't kicked off at all. Didn't even break the range. HOWEVER, this makes it very attractive for those who missed other trains and are looking for a good coin that's trustworthy and that will pay off the hold. Per my strategy, here's how I manage buy zones: 1) I need to confirm the range and buying the lowest area of the range which was at about 0.011 -0.015 for this case. 2) We get a 1,2,3 move indicated a shift towards the upside and ideally testing resistance. If we get a reaction or even a retracement back to range, that's our cue to spot and enter the trade. 3) LATE but not least, we get a breakout of the range and go long on the breakout candle OR wait for a retracement to the box if you want to play conservative way. As per targets, what market gives as long as it keeps trading above the cloud. As simple as that. GL, all the best. Kina, The Girly Trader❤️
Long
by KinaStar
9
XAUUSD NFP ANALYSIS AND TRADE LEVEL 7-6-24 (2)XAUUSD NFP DAY ANALYSIS 7-6-24: Spot Gold Prices and Market Movements Current Trends: Spot gold prices have surged to $2,387, indicating hawkish market movements. However, with the opening of the UK session, a retracement to a low of $2,340.92 has already been observed. Upcoming Data: Looking ahead, the release of the Non-Farm Payroll (NFP) data on June 7, 2024, is highly anticipated. Gold trading is expected to be cautious, with high trade volumes and significant numbers. Market Closures: On Monday, the markets in China and Australia, which have a substantial influence on gold prices, will be closed due to holidays. Influencing Factors US Dollar and Treasury Yields: Several factors, such as hawkish Federal Reserve expectations, have revived the demand for the US Dollar across the market. Treasury bond yields have rallied to multi-week highs. GDP Data and Jobless Claims: Thursday’s revision of GDP data from 1.3% to an estimated 1.6% suggests that jobless claims might increase, which could put pressure on the Dollar. This could affect gold values, potentially pushing them back to the $2,380-$2,400 range. Heading towards NFP show as of writing XAUUSD SPOT GOLD Prices are crashing to $2338.45 cmp now and as mentioned in our last NFP the factors influencing gold on NFP day This helped gold price attempt a modest comeback, having incurred steep losses on Wednesday. A surprise uptick in the Core figure will reinforce delayed and less aggressive Fed rate cut expectations, providing extra legs to the US Dollar decline while smashing gold price. Fundamental Which Might Affect XAUUSD:7-6-24 NFP Scenarios Friday: • 150,000 or Less: Could trigger USD selloff, boosting gold. • 200,000 to 250,000: May keep focus on inflation without major USD impact. • 250,000 or More: Could lead to Fed rate cut, driving USD rally and gold drop • Crucial jobs report for May. April’s NFP increase led to USD selling pressure. Upcoming Influences: The future of gold prices hinges on the forthcoming US Core PCE inflation data, due later in the American trading session on Friday. The Core PCE Price Index is anticipated to rise by 2.8% year-over-year in April, maintaining the same pace as observed in March. If the Core PCE price index exceeds expectations, it could delay anticipated aggressive Federal Reserve rate cuts. This situation tends to strengthen the US dollar while exerting downward pressure on gold prices. Conversely, if the Core PCE price index shows unexpected softness, it may increase the likelihood of a Federal Reserve rate cut in September, potentially driving a further increase in gold prices. Depending on forthcoming economic indicators, US inflation data might propel XAUUSD into the $2288-$2250 Range or $2400-$2450 range Technical Level and Analysis: Buy at:$2323.69-$2306.23-$2286.23-$2261.91 Sell at :$2388.31-$2400.67-$2425.41-$2447.34 ⚠️Warning: Do not risk more than 5% of your capital, you might lose your money 🔴Technical Status: XAUUSD: 📌 D1 SMA100-P (2260.90) Buy 🔺 H4 SMA100-P (2368.74) Sell 🔻 H1 SMA100-P (2347.88) Sell🔻 H4 SMA200-P(2351.01) Buy🔺 RSI(14): Status: Oversold STOCHRSI(14): Status: Oversold ROC: Status: Buy William%R: Status: Buy ATR(14): Status: Buy SOC: Status: Neutral ⚠️Ongoing Geo-political Tensions: ‼️ Israel – Iran Russia - Ukraine US-China Relations Middle East Instability Taiwan-China Relations
OANDA:XAUUSD
by sagaahhelite