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SOL/USDT 1D Chart Review Hello everyone, I invite you to review the SOL chart in pair with USDT on a one-day time frame. As you can see, the price has approached the downward trend line, but will it be enough to break it up? after unfolding the Terran Based Fib Extension net, you can see that we are fighting against the current resistance at $149, then there is resistance at $165, the third at $179, and the fourth very strong resistance at $193. Looking the other way, we can similarly determine places of support. And here, the first support level is visible at $136, then the second resistance at $125, the third at $109, and the fourth at $98. When we look at the RSI indicator, we can see that it is at the upper limit, which may result in the inhibition of growth or even another attempt at recovery.
by cryptodailyuk
TON/USDT LONG SCALP SETUP!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! TON/USDT looks good here. Forming a symmetrical triangle-like structure here and trying to break out from it. After a successful breakout expecting a 15-20% from here. You can long now or wait for a confirmed breakout. Entry:- At CMP and add more up to $7.62 Targets:- $7.98/$8.35/$8.68/$9.10 SL:- $7.44 Lev:- 5x-10x What are your thoughts on SNX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
VANRY/USDT: Watching Retest After Breakout - Time to ENTER?Heads up, crypto traders! VANRY/USDT is making some interesting moves on the charts. Here's the situation: VANRY/USDT recently broke out of a falling wedge pattern, which can be a bullish technical indicator. Currently, the price is retesting the upper trendline of the wedge. We can expect a good upside move if the price holds this retest level. Entry zone:- $0.124-$0.134 Targets:- $0.154/$0.168/$0.185/$0.198 SL:- 4hr candle close below $0.124 What are your thoughts on VANRY/USDT? Share your analysis in the comments below!
Long
by CoreCrypto1
#BTCUSDT: QUICK UPDATE!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! Welcome to this quick BTC update. Bitcoin (BTC) is currently trading in a pattern resembling a falling wedge in the 6-hour timeframe. This pattern can indicate a potential breakout in either direction, so further confirmation is needed. Here's what we're watching: Breakout Confirmation: A clean break and close above the upper trendline of the wedge would be a bullish signal, potentially leading to a price increase towards the $66k- FWB:67K zone. Rejection: If the price fails to break out and falls back below the wedge, it could test the support level around $60k again. Looking Ahead: The weekly candle close can offer additional insights into potential future price movements. What are your thoughts on BTC's current price action? What are you watching in the altcoin market? Share your analysis in the comments below!
by CoreCrypto1
1
COTI/USDT READY TO TAKE OFF! ACCUMULATE HERE!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be much appreciated! COTI/USDT looks good in the daily chart. According to the chart, it is forming a descending triangle and holding the support of a lower trendline. Accumulate it in the green box. Entry zone:- Buy some at CMP and add more up to $0.082 Targets:- $0.12/$0.146/$0.174/$0.202/$0.238 Invalidation:- Daily close below $0.08 What are your thoughts on COTI's current price action? Share your analysis and questions in the comments below! Thanks!
Long
by CoreCrypto1
1
MKR/USDT 1D Chart ReviewHello everyone, let's look at the 1D MKR to USDT chart, we can see how the price is moving in a descending triangle defined by yellow lines. Let's start by setting goals for the near future that we can include: T1 = $2,599 T2 = $2,946 T3 = $3,512 AND T4 = $3,909 Now let's move on to the stop loss in case of further market declines: SL1 = $2,200 SL2 = $1,890 SL3 = $1,724 AND SL4 = $1,407 When we look at the RSi indicator, we can see it moving around the middle of the range, with room to move in both directions. However, the STOCH indicator shows that we are bouncing off the upper limit, but the price movement itself is not large.
by cryptodailyuk
CAN SOLANA HIT $1000 IN THIS BULL RUN!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be much appreciated! Why SOLANA can hit $1000 in this bull run? Many analysts are optimistic about SOL's potential in the current market cycle. Here's a look at some factors to consider: Technical Analysis (T.A.) Bull Pennant (Possible): The 2-day timeframe suggests a potential bull pennant pattern. A clean breakout above the upper trendline could signal a significant price increase. However, confirmation is needed. Fundamental Analysis (F.A.) ETF Race: The recent filing for SOL ETFs could attract institutional investment, potentially boosting demand. Buy some SOL now and add more in the dip. The strong buy zone is in the $115-$125 range. What are your thoughts on SOL's current price action? Do you see a bullish pattern? Share your analysis in the comments below! Thanks!
Long
by CoreCrypto1
3
SNX/USDT BREAKOUT DONE! LOOKS READY FOR A PUMP!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. SNX/USDT looks good here. Breaks out from the falling wedge-like structure in a 4-hour time frame and currently retesting it. Long some here and add more in the green box. Entry range:- At CMP and add more up to $1.84 Targets:- $2.08/$2.24/$2.38/$2.53/$2.74 SL:- If a 4-hour candle closes below $1.84 or if you don't pay attention then put your SL at $1.70 Lev:- Use low leverage(Max 5x) What are your thoughts on SNX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
CHR/USDT SHOULD BOUNCE FROM HERE! ACCUMULATE NOW!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. CHR is sitting in the right position here. As you see in the chart, it is holding a good support here which is previously acting as a resistance. There is also a 200MA support here. Expecting a good bounce from here. Buy some now and add more in the dip. Entry range:- $0.192-$0.212 Targets:- $0.34/$0.48/$0.58 What are your thoughts on CHR's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
JD.com (JD): Key Levels to Watch for Potential ReversalJD.com has seen the expected drop towards the High Volume Node and Point of Control (POC) on the daily and three-day charts, between $27.50 and $26.80. Now, the price is falling further, and we think the lowest it could go is $24.65. This area is about $1 wide, and if it goes below that, it might drop to $20. Current Situation: The current situation shows the main support levels between $27.50 and $26.80. We believe the maximum downside is around $24.65. If it drops below this level, it could fall to $20. This support area is important because a lot of trading happened here, so it’s a key level to watch. Possible Scenarios: There are two possible scenarios: a continued decline or a bullish reversal. If the price keeps dropping, it's best to wait until we see some signs of strength. If it falls below $24.65, it could go down to $20. For the price to go up again, JD.com needs to get back above the resistance between $35 and $38. This would show a possible upward trend. Strategy: Our plan is to wait to see if the price shows some strength in the current support area. If it keeps falling, we should avoid entering the market. We need to keep an eye on the $24.65 level for any signs of a bigger drop. Also, watch if the price goes back above $35-$38 to signal a possible upward move. We are closely watching the current support area and will wait for signs of strength before making any decisions. We won't be catching falling knives at the moment, and if the price drops below $24.65, we expect it to fall towards $20. On the other hand, if it goes above $35-$38, it might start a bullish trend.
NASDAQ:JDLong
by freeguy_by_wmc
XrpUsd - Rally back to previous resistance (+100%)?BITSTAMP:XRPUSD is one of the most interesting cryptocurrencies for potential setups in the near future. For a couple of years now, XrpUsd has been trading in a symmetrical triangle trading pattern. Always when XrpUsd retested support in the past, we simply saw a very nice rejection away towards the upside. And as we are speaking, XrpUsd is once again retesting such a confluence of support from which we could see a rally towards the upside. Target is the previous resistance of the triangle pattern. Levels to watch: $0.491, $0.911 Keep your long term vision, Philip - BasicTrading
BITSTAMP:XRPUSDLong
by basictradingtv
5
When Platform Position Style Trades Go Momentum: FTAIThis platform position-style trade is starting to shift to a momentum or swing-style trade, which happens frequently with platforming trends. Above is a daily chart so you can see the shifting daily patterns from platforming to momentum. The angle of ascent is getting steeper, which is best seen on a weekly chart, below. If you are holding this stock or others similar to this trend, it is time to shift gears to watch for speculative trading and other risk factors. At some point the angle of ascent will be too steep to sustain the uptrend and you will need to plan how to manage the trade: take profits or hold? Is there potential for longer-term growth? If so, a profit stop must leave ample room for the stock to adjust out the big gains.
NASDAQ:FTAI
by MarthaStokesCMT-TechniTrader
Ethereum Waiting For A Great EntryAs seen on the chart, ETH has been trading alongside two strong bullish supports over the course of the last two years. Personally, I'm waiting for a better entry before considering a near-term long swing entry, trade is on the chart. These supports have historically held strong, so chances are that they will continue to do so. Keeping the TP close to reduce risk. A riskier bet would be to put the TP at 5.000, higher risk and also higher reward.
Long
by FieryTrading
2
6/28 New Day New Idea..... Will the bulls save it GREATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT MORNING YALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!! 😏 😏 😏 06/28/2024 **News** ON THE BLOCK TODAY!!!! ***Personal Income and Outlays*** ⚠️ **RED FOLDER** ⚠️ 8:30 AM ET ***Chicago PMI*** 9:45 AM ET ***Consumer Sentiment*** 10:00 AM ET @everyone ***Midnight*** **CONSENTRATED CONSOLIDATION ** *#ES 5560.50* *#NQ 20131.50* 💰 **BUYSIDE**💰 ***#ES 5588.25***.--->Above this level we look for --->.... 🟢 5604 🟢 5616.75 🟢 5639.50 🟢 5653.25 🟢 5676.85 ***#NQ 20141.50***...---> Above this level we look for--> 🟢 20151.50 🟢 20201.50 🟢 20246.00 🟢 20292.25 🟢 20332.50 💰 **SELLSIDE**💰 ***#ES 5552.50***--- Below this level and we look for 🔴 5537.50 🔴 5509 🔴 5489.25 🔴 5468.75 🔴 5436.50 🔴 5406 ***#NQ 20092***---> Below this level and we look for 🔴 20052.25 🔴 20012.50 🔴 19956.5 🔴 19904.00 🔴 19880.25 🔴 19812.50 🔴 19775.25 🔴 19749.50 🔴 19693.25 🔴 19647.75
CME_MINI:NQU2024
by Stockqueenie
USDCAD: Multiple rejections, temporary bullish biasPrice has recently rejected the daily (D) ascending channel support level. Price then pushed up and broke out of the one-hour (1H) descending channel to form a higher high. Price then pulled back to retest support, forming a higher low. I expect price to continue to the upside. **Rationale:** - Ascending Channel Support (D) - Multiple Rejections - Elliott Wave Completion - Descending Channel Breakout (1H) - Higher High - Retest of Support - Higher Low **Disclaimer:** My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations. --- #scalping #intraday
Long
by Forexity
1
USDCHF: Recent Trendline Breakout, Temporarily BullishPrice has recently broken out of the (D) descending channel. It then pushed up to meet the (D) 50% Fib retracement level and proceeded to the downside to retest support. The price has now broken out of the (4H) downtrend line. I anticipate the price will retest and reject this level of support, and temporarily continue to the upside. **Rationale:** L1: ~ Break of channel (D) L2: ~ Retest of support (D) ~ Impulse wave completion L3: ~ Break of trendline (4H) ~ Retest of support **Disclaimer:** My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations. ** Annotations:** Categories: 1. Naming: (N1) 2. Labeling: (L1) 3. Forecasting: (F1) Sub-categories: 1. Naming: (N1.1) 2. Labeling: (L1.1) 3. Forecasting: (F1.1) --- #scalping #intraday
Long
by Forexity
3
NOT/USDT showing potential on the 4-hour timeframe!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. NOT/USDT is currently forming a falling wedge pattern, which can be a bullish reversal signal. The price is holding well around the support zone and the 50-day Moving Average (50MA). Here's what to watch: Breakout confirmation: A clean break and close above the upper trendline of the wedge would be a stronger sign of a potential uptrend. Either long here or you can wait for a clear breakout. Entry range:- $0.0150-$0.0155 Targets:- $0.017/$0.0192/$0.021/$0.025 SL:- $0.0138 Lev:- Use low lev(Max 5x)
Long
by CoreCrypto1
XRP: Bullish Setup Emerges - Time to Enter?Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! XRP looks very good in the weekly time frame. As you see in the chart, it is forming a symmetrical triangle-like structure and it is currently trading around the lower trendline of a symmetrical triangle-like structure on the weekly timeframe. This pattern can indicate a potential breakout in either direction, so further confirmation is needed. Here's what we're watching: Breakout confirmation: A clean break and close above the upper trendline of the triangle would be a bullish signal, potentially leading to higher prices. Support holds: Maintaining the current support level strengthens the case for a potential reversal. Accumulation Range:- $0.42-$0.47 Short-term Target:- $0.56/$0.68 Mid-term Target:- $2 What are your thoughts on XRP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1