AVAX - TRADING AT KEY SUPPORT LEVEL#AVAX/USDT #Analysis
Description
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+ AVAX is currently trading at a key support level, and holding this level is crucial for maintaining further bullish momentum.
+ A falling wedge formation is also visible, and a breakout from this pattern could drive the price higher.
+ A clear reversal from the support zone is needed to confirm the bullish trend. We can enter a long trade at the current price, with a stop-loss set below the support zone and a target at the local resistance.
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VectorAlgo Trade Details
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Entry Price: 20.88
Stop Loss: 15.93
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Target 1: 28.10
Target 2: 37.44
Target 3: 48.62
Target 4: 62.34
Target 5: 87.40
Target 6: 99.28
Target 7: 133.97
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Timeframe: 1W
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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Best Regards,
VectorAlgo
Support
MATIC - 4H Chart Analysis - Trading Inside the channel#MATIC/USDT #Analysis
Description
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+ The price is currently trading within a channel and has successfully bounced back from the lower boundary.
+ A strong breakout from this channel could drive the price higher.
+ We can enter a long trade at the current price and place the stop-loss (SL) below the support zone.
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VectorAlgo Trade Details
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Entry Price: 0.4240
Stop Loss: 0.3851
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Target 1: 0.4491
Target 2: 0.4783
Target 3: 0.5036
Target 4: 0.5604
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Timeframe: 2H
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
DOGE - Testing the support after long awaited reversal#DOGE/USDT #Analysis
Description
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+ After months of consolidation in the support zone, the price finally broke out and reached the local resistance.
+ Following this, there was a significant reversal, with the price returning to the support zone.
+ I’m observing a strong reversal and bullish momentum from the support zone, and I expect a trend change soon.
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VectorAlgo Trade Details
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Entry Price: 0.10694
Stop Loss: 0.06167
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Target 1: 0.16821
Target 2: 0.23087
Target 3: 0.34588
Target 4: 0.56844
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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
RON - A reversal with a leading breakout is expected to push the#RON/USDT #Analysis
Description
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+ Price has hit the support zone around 1.5 price range.
+ A strong reversal can be expected from the support zone which gives a good opportunity for a long trade.
+ Enter a long trade only after the price reversal.
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VectorAlgo Trade Details
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Entry Price: 1.6
Stop Loss: 1.14
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Target 1: 1.848
Target 2: 2.320
Target 3: 2.752
Target 4: 3.658
Target 5: 5.308
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
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
BTC/USDT 4H chart reviewHello everyone, I invite you to a quick review of the BTC/USDT chart on the 4-H interval. As we can see, the price has dynamically returned to the local downtrend line and is currently struggling to maintain its position.
Going further, you can see how the price returned above the support at $59,510, then support at $57,490, and then strong support at $54,308 and another very strong support at $52,000.
Looking the other way, you can see resistance at the level of $62,000, which effectively rejected the price increase, the next resistance is at $65,426, and then there is strong resistance at $69,662.
On the RSI, we can see the indicator falling, but the price does not record a major correction, which may have a positive impact on further upward movement.
BTC/USDT RED LOW TIME FRAMEThis is a low time frame update which shows that BTC has the chance to have a correction in the coming time frame, the weekend trend.
We will follow the trend and see if these red signals are confirmed in the coming time frame.
We followed the BTC before, from a 54K to 62K trend. as this below update shows
About the side where BTC is going, we can't know, since we only follow data.
we never hope for a trend where BTC can go since we always check all 2 sides and where data shows a high chance.
our statics show that we are the best of all coins with data in BTC long term.
Knowing this is BTC there can be always manipulation in trends that can make fake liquidity before it will enter the real liquidity, we have seen before at 56650 before increasing to 62K, in a different way can always happen. make always plan..
data shows there is a chance that 70% BTC will make first a correction
TON - Raising to the moon#TON/USDT #Analysis
Description
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+ Price has successfully reversed from the support zone and we are seeing a strong bullish trend.
+ i'm expecting to see a minor pull back before hitting the resistance zone.
+ I see a good opportunity for long trade here.
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VectorAlgo Trade Details
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Entry Price: 6.6
Stop Loss: 5
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Target 1: 7.2
Target 2: 8
Target 3: 10
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
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
PEPE - breakout from the resistance #PEPE/USDT #Analysis
Description
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+ Price is currently trading near the trendline and also hit the resistance line.
+ We can expect a consolidation in this zone.
+ Enter a long trade when resistance is broken.
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VectorAlgo Trade Details
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Entry Price: 0.00000907
Stop Loss: 0.00000780
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Target 1: 0.00000970
Target 2: 0.00001057
Target 3: 0.00001163
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Timeframe: 1H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
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
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
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.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
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.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
LTC/USDT 1D ChartHello everyone, I invite you to a quick review of the LTC/USDT chart on the 1D time frame. As we can see, the price had a sudden downward impulse below the local downtrend channel, but it quickly returned.
Going further, you can see how the price returned above the support at $56.5, then support at $51, and then strong support at $44. Looking the other way, there is resistance at $62, the next resistance is at $65.5, and then there is strong resistance at $70.
Only when the price breaks above this resistance will the path towards the next very strong resistance at $82 be opened.
SWING IDEA - ASHOK LEYLANDThis chart reveals a harmonious convergence of price action and key indicators, suggesting a potential buy opportunity on the horizon. The stock has displayed remarkable strength, with patterns that indicate a possible upward trajectory.
Reasons are stated below :
price tested 168 levels twice on weekly tf and finally has come down to retest after a strong breakout
0.382 Fibonacci level support
50EMA support on daily tf
formed 2 hammer like candles with a long wick indicating a buy-push
ASHOK LEYLAND is a fundamentally strong stock on which we can rely.
this seems to be a golden opportunity to buy this gem.
TARGETS - 207 // 233 // 260 // 300
SL - 154
thank you.
Bitcoin - Weekly chart Update - Bears will lose#BTC/USDT #Analysis
Description
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+ Bitcoin has bounced back with a 15% recovery from the recent market low, a positive sign indicating resilience. The price is currently holding above a critical support level, which is crucial for maintaining bullish momentum.
+ While the price is trading above support, a major drop below this level would be concerning for Bitcoin’s long-term outlook. The next significant support is at $45K, a crucial trend line. A break below $45K could signal the onset of a bear market.
+ Despite the recent recovery, August and September are expected to be challenging months for Bitcoin. The market is likely to range with multiple spikes and drops, potentially leading to liquidations for both bulls and bears. This period of volatility requires careful risk management.
+ I remain optimistic that Bitcoin will hold above the $50K level, with a gradual recovery likely from this area. Maintaining support above $50K is essential for avoiding a deeper downturn and sustaining the long-term bullish trend.
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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
SOL - Reversal Trade#SOL/USDT #Analysis
Description
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+ The price has once again tested a crucial support level for the third time, a zone that has proven resilient in past corrections. This setup presents a potential trade opportunity as the price targets a strong resistance level aligned with the previous all-time high (ATH).
+ There is a favorable trading opportunity from the current support zone up to the resistance level.
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VectorAlgo Trade Details
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Entry Price: 143.79
Stop Loss: 106.86
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Target 1: 160.52
Target 2: 172.89
Target 3: 194.87
Target 4: 233.20
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Timeframe: 3D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
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
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
---------------------------------------------------------------
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
SOL-USDT 1D chart Hello everyone, I invite you to a quick review of the SOL/USDT chart on the 1D time frame. As we can see, the price had a sudden downward impulse below the upward trend line, but quickly returned above it.
Going further, you can see how the price returned above the support at $140, then support at $126, and then strong support at $105.
Looking the other way, you can see resistance at $154, the next resistance is at $166 and then strong resistance at $182.
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
---------------------------------------------------------------
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
BAKE: Breakout will push price by 200%#BAKE/USDT #Analysis
Description
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+ BAKE has repeatedly retested a key support zone, demonstrating resilience as the price continues to hold strong at this level. The latest test of this support presents a potential opportunity for a bounce back.
+ Multiple Retests: The price has tested this support zone multiple times, each time holding firm, which reinforces the strength of this level.
+ Current Setup: The price has once again hit the support, and we anticipate a bounce back from this zone, offering a favorable setup for a long trade.
+ Trade Opportunity: Given the consistent strength of this support zone, entering a long position with a target based on the expected bounce could be a promising strategy.
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VectorAlgo Trade Details
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Entry Price: 0.2918
Stop Loss: 0.1790
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Target 1: 0.3442
Target 2: 0.4085
Target 3: 0.5613
Target 4: 0.8131
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
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