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Professional Analysis of Chainlink (LINK) on the Weekly TimeframOn the weekly timeframe, Chainlink has completed its 4th wave correction and is now forming the 5th wave of its bullish trend. Based on Elliott Wave analysis, the price is in the support zone between $12 and $16, and once it stabilizes above $16, a strong upward movement is expected. 🔑 Entry and Exit Points: Entry Point: After price stabilizes above $16 and a bullish candlestick is confirmed on the weekly timeframe. Price Targets: Target 1: $80 (400% gain) – You can take partial profits here and move your stop loss to the entry point. Target 2: $180 (1000% gain) – Ideal for final exit or reducing position size.
Long
by arzdigitalistha
1
Explosive Polygon (MATIC) Analysis | A 1200% Profit Opportunity!🔍 End of 150-Week Correction & Start of a Major Fifth Wave Polygon (MATIC) has reached a critical turning point on the weekly timeframe. After a lengthy three-wave correction spanning around 150 weeks, MATIC now signals the potential end of its corrective phase and the start of a new, powerful upward wave. Recent strong candles suggest that if MATIC can break key resistance levels, it may enter the fifth wave—a wave typically associated with high momentum and substantial profit potential. 📈 Suggested Entry Points: 1️⃣ First Entry: After breaking the $0.62 resistance 🔸 A break above the $0.62 level will act as an initial confirmation of an uptrend, indicating the start of a potential bullish wave. This entry is best suited for risk-tolerant investors, as it offers an earlier opportunity to join the rally with potentially higher returns. However, investors should note that entering at this point carries more risk, as short-term corrections could occur. 2️⃣ Second Entry: After breaking the $1.3 resistance 🔸 The $1.3 level is a key resistance zone, and breaking it would provide a stronger confirmation of the uptrend. This entry is ideal for more cautious investors, as it signals a clearer trend reversal and a likely continuation of the bullish wave. Entering here has relatively lower risk and could be a safer entry for those looking to mitigate risk. 🎯 Fifth Wave Target: $8 🔸 Based on technical analysis and historical patterns, the target for MATIC’s fifth wave is around the $8 mark. This translates to a potential gain of 500% to 1200%, making it one of the most exciting long-term opportunities in the spot market. 📌 Final Note: With MATIC’s promising setup and high potential in the fifth wave, this opportunity could yield substantial returns for spot investors. By selecting a strategic entry point and managing risk effectively, you can take advantage of this promising long-term investment opportunity.
CRYPTO:MATICUSDLong
by arzdigitalistha
AVAX Signal with Inverse Head and Shoulders and Targets📉 AVAX (AVAX) Buy Signal with Inverse Head and Shoulders Pattern and Elliott Wave Analysis – Identifying Entry Points with Attractive Price Targets Hello, dear traders! Technical analysis shows that an inverse head and shoulders pattern has formed on the weekly AVAX (AVAX) chart. If the neckline at $31 is broken, it could confirm the start of Wave 3 of 5 in Elliott Waves, signaling a powerful upward move. 🕰 Previous Wave Movements of AVAX: Wave 1: AVAX started its rise from $8.5 in September 2023 and reached $69 in March 2024. Wave 2 (Correction): The price then corrected to $16.5, completing the Wave 2 of 5 Elliott Wave, ending around July 2024. Wave 3 Start: Now, with the breakout of the inverse head and shoulders pattern, we expect the third wave to begin with strong bullish targets. 🎯 Entry Strategy and Targets: ✅ Entry Point: After breaking the $31 level 🚀 Target 1: $130 (about 300% profit) 🚀 Target 2: $450 (about 1300% profit) 📌 Note: Always focus on proper risk management and planning. Best of luck and happy trading, dear friends!
Long
by arzdigitalistha
Unlocking Potential: Guide to Buying SHIBUSDT on SpotIn this detailed guide, explore the intricacies of buying ShibUSDT on the spot market. We'll cover the essential strategies for timing your purchases, managing risks, and understanding market signals. As Shiba Inu continues to gain traction in the crypto community, this guide will help you navigate the volatility and make informed decisions. Whether you're looking to diversify your portfolio or ride the wave of Shiba Inu's popularity, this guide provides the tools to optimize your spot trading experience.
Long
by Darshana_Alwis
IoTeX | Long Term Profits Plan Hello traders! There's hype in the air as BTC has moved within a bullish wave even though we are inside a descendant channel point. So, it could either re-test resistance at about 70k again or get back inside the range. So here's an idea to use in the long term for IoTeX 1) Price has been in a range for a long time and within this range best zones to buy would be at: 0.013 - 0.021 these may get re-tested before the bull run so you can set up some price alerts. Or if you feel brave you can enter at 0.031 which is the current monthly support Verify entry points at lower time frames with the strategy of your choice. 2) TARGETS: The nearest one would be 0.060 - 0.070 but within the range it could go up to 0.10 but if that happens then the range would be broken leading to an uptrend which must coincide with the bull run so before it happens, it will drop heavily so I suggest to TP safely at 0.060 - 0.070 for the time being. This idea is to spot for the long term. This asset is still in a balanced mode; there hasn't been a breakout of the range yet. However, it's worth noting that there's a bullish triangle pattern on the daily timeframe playing out 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
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
DOGE | Long Term Profits PlanHello traders! At this very moment, there's a lot of uncertainty, and we can't know for sure what's going to happen exactly, so having a plan of action is the best idea. Plan ahead so you know what to expect and are ready to act on it when the moment arrives. So here's my plan: 1) DOGE is stuck in a box; clearly, we can pinpoint support and resistance on the monthly timeframe. This indicates the asset is actually in balanced mode, so usually no action should be taken. However, I've marked certain demand zones to buy, and if, for whatever reason, it gets pierced through, you'll also know where the price is most likely to land next. Confirmations: Wait for the price to hit the areas marked; be patient, and you'll get rewarded accordingly. Once price hits the zones, wait for a candlestick and a reversal pattern on the lower timeframes to time your entry smoothly. 2) TARGETS: Whichever demand zone price hits, make sure your target is the closest supply zone. Don't expect the price to hit the moon just because. That's just not going to happen, and on the contrary, there are massive amounts of sell trade limit orders sitting on those supply zones, so be smarter and take profit before the sell-off gets activated. 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 noting that as of now, price might just come down into a very important demand zone, giving an extremely great opportunity to enter and hold for the bullrun next year. 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
5
🔗📈 LINK Spot Trade Setup! 📈🔗📊 Analysis: Support Area: LINK is currently at a support level, potentially indicating a rebound. Oversold Conditions: Medium timeframes show oversold signals, suggesting a potential reversal. Upside Potential: Targets set at resistance levels. 📈 Trade Plan: Entry: Consider laddering into a long spot trade in the $17.30 - $18.00 support area. Take Profit: Target profits at $20.00 - $21.00 or higher towards $22.00 - $23.00. Stop Loss: Set stop loss just below $17.00 to manage risk. 💡 Note: Keep an eye on price action for confirmation of bounce and adjust strategy accordingly! Stay vigilant in monitoring market movements. 🚀📈 #LINK #SpotTrade 🛒💰
Long
by Richtv_official
STGUSD ✅ Wait for Confirmations!We have a perfect descending triangle that has been playing out for a while now. I think 2 things could happen: It breaks out from the triangle and then we wait for the retest to confirm pattern to go long. Target supply zone: 1 - 1.10 It breaks downward till the next demand zone which is quite lower! Target demand zone in between: 0.40 to 0.43 So for each scenario if you wait for the right confirmations you can get a pretty awesome reward. I'd suggest to spot rather than futures. I'll update as I see points of interest following this concept. Regads, Kina ✅
by KinaStar
2