MASK - Resistance about to be broken - Good Opportunity for LONGBINANCE:MASKUSDT (4H CHART) Technical Analysis Update
MASK is currently trading at $3.541 and showing overall bullish sentiment
MASK is about to break resistance after months of consolidation, this consolidation can be a good trigger for the bullish tend. Resistance is around 3.9 and this price breakout is gonna be our entry point.
Entry level: $ 3.9 - 4.0
Stop loss level: $ 3.150
Target 1: $ 4.2
Target 2: $4.7
Target 3: $5.3
Target 4: $6.2
Target 4: $7.1
Max Leverage: 3x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
Support
BTC - Another leg up and further correction to 60KAs you can see in the chart BTC is currently forming a channel pattern and price is currently bouncing back from the support line.
We can expect the price bounce back to continue till 66-67K range and then we can expect the reversal.
This reversal can continue until the support rang of 60K for BTC.
Let's see how it plays out. Stay tuned for more updated.
Cheers
GreenCrypto
ADA - A good opportunity for LONG tradeBINANCE:ADAUSDT (1D CHART) Technical Analysis Update
ADA is currently trading at $0.6642 and showing overall bullish sentiment. Currently ADA has formed a broadening wedge pattern and now the price is bouncing from the support line. We have a good opportunity a long trade.
Use smaller capital than normal
Entry level: $ 0.6639
Stop Loss Level: $ 0.5606
TakeProfit 1: $ 0.72
TakeProfit 2: $ 0.79
TakeProfit 3: $ 0.88
TakeProfit 4: $ 0.96
Max Leverage: 3x
Don't forget to keep stop loss.
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GreenCrypto
ORDI/USDT - Bouncing back from the supportBINANCE:ORDIUSDT (1D CHART) Technical Analysis Update
ORDI is currently trading at $68.261 and showing overall bullish sentiment as the price bouncing back from the support. We have good opportunity for Long trade as we can expect the price to hit the resistance line.
Entry level: $ 68.261
Stop Loss Level: $ 55.12
TakeProfit 1: $ 75.84
TakeProfit 2: $ 84
TakeProfit 3: $ 96
Max Leverage: 3x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
LNG - Found a strong support algo - Can we continue the uptrend?We are at a potential great buying area and as you see there is a lot of room to the upside. I will be looking for us to prove and activate one of our stronger buying continuation algorithms (stronger than orange) to then try and break out of our magenta and white controlled selling algos.
But forsure the retest and support of green which had initiated our ascent has me interested.
Stay tuned!
Happy Trading :)
EURUSD - Wait For The Bulls 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURUSD has been overall bearish , trading within the falling wedge pattern in red.
Currently, EURUSD is approaching the lower bound of the wedge.
Moreover, it is retesting a strong support in green at $1.08.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
📚 As per my trading style:
As #EURUSD is hovering around the circle zone, I will be looking for bullish reversal setups (like a double bottom 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
BNB?USDT 1HInterval Chart ReviewHello everyone, let's take a look at the 1H BNB to USDT chart, as we can see the zena is staying above the upward trend line, and locally we can see an upside exit from the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $570.8
T2 = $592.50
T3 = $608.4
AND
T4 = $627.6
Now let's move on to the stop-loss in case of further market declines:
SL1 = $547.1
SL2 = $535.3
SL3 = $514.6
AND
SL4 = $482.4
Looking at the RSI indicator, it can be seen that it has returned to the upward trend, with room for a possible continuation of growth. However, on the STOCH indicator we can see that it is approaching the upper limit, but it also has some room before recovery.
SAVMUSDT Stalls at Monthly Hurdle: Pullback or Re-Test Incoming?SAVMUSDT is facing significant resistance at $8.506, a key level on the monthly chart. Given current market conditions, a breakout appears unlikely in the immediate future.
Technical Analysis:
Resistance: $8.506 (Monthly)
Support: $7.391 (Daily), $6.630 (Daily), $5.449 (Monthly Pivot)
Volume: (Not mentioned in the provided text)
Key Observations:
SAVMUSDT is encountering resistance at a crucial level on the monthly chart. Overcoming this hurdle could signal a continuation of the uptrend.
The recent price rejection suggests a potential pullback or a retest of this resistance zone in the future on the daily chart.
If the price falls, it could find support at $7.391 (daily), followed by $6.630 (daily) and then $5.449, which is a significant support level on the monthly chart (monthly pivot).
Conversely, a successful breakout above $8.506 could lead to further gains towards $9.246 (second daily resistance) and potentially reach $10.666.
SMA 200 can play a pivotal support role for SAVM
Conclusion:
The inability to break through the $8.506 resistance on the monthly chart suggests a potential pause in the uptrend. Traders should closely monitor the price action around this level. If the price pulls back, established support levels exist at $7.391 (daily), $6.630 (daily), and $5.449 (monthly pivot). Conversely, a breakout above resistance could signal a surge towards $10.666.
This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
ETH/USDT 1HInterval Chart ReviewHello everyone, let's look at the 1H ETH to USDT chart, as we can see the price is approaching an attempt to break out of the triangle marked in yellow.
Let's start by setting goals for the near future that we can include:
T1 = $3,452
T2 = $3,576
T3 = $3,665
AND
T4 = $3777
Now let's move on to the stop loss in case of further market declines:
SL1 = $3,307
SL2 = $3227
SL3 = $3097
AND
SL3 = $3097
Looking at the RSI indicator, we can see that it remains in an upward trend, while when we look at the STOCH indicator, it looks like a return to price correction is possible.
BTC in the support zone againHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price has created a downward trend channel, from which it tried to get out at the top, but currently it is returning to the channel.
The return to the falling channel also brought a return to the strong support zone from $64,643 to $62,206, further support is visible at $59,042, but if the supports are broken, we can see a dynamic downward movement towards the zone from $53,034 to $49,936 .
Looking the other way, when the current zone maintains the price and we go above the channel again, we can see an increase to the resistance at $68,853, and then the price may again attack the previously created ATH at $73,816.
ETH - Building Block 🏢Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🏢 Imagine ETH is trading inside a building, and you are currently on the fourth floor.
📌 $3500 is currently your floor/support. For the bulls to take over, we need a break above $3600.
In this case, movement up to the ceiling at $4000 would be expected.
📌 Meanwhile, $3500 is the ceiling pushing the price down to the floor around $3000 - $3100.
Which scenario do you think is more likely to happen? Which floor is more likely to hold?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC/USDT 1HInterval ChartHello everyone, let's take a look at the 1H BTC to USDT chart as we can see that the price is staying on the local uptrend line, also at the first support.
Let's start by setting goals for the near future that we can include:
T1 = $67,834
T2 = $69,089
T3 = $70,367
AND
T4 = $72,328
Now let's move on to the stop-loss in case of further market declines:
SL1 = $65,094
SL2 = $63,101
SL3 = $61,813
AND
SL4 = $60,039
Looking at the RSI indicator, there is still room for a continuation of the rebound, while the STOCH indicator is rebounding from the lower limit, but one should be careful whether this rebound will not be followed by another decline, looking at the predominance of the falling volume.
📈 DIO Trade Analysis 📉💡 Trade Plan:
Current Status: DIO bounced off its support at $0.0318 and is now facing an intermediate resistance at $0.049.
Entry: Consider entering a long position once DIO breaks and holds above the $0.049 resistance level.
Take Profit: Target potential profit-taking opportunities at $0.058, $0.0655, and $0.083 resistance levels.
Risk Management: Use appropriate risk management techniques such as stop-loss orders to protect against adverse price movements.
USD CADMy analysis on USD CAD, I use limit orders so I don't need to be in front of the chart all day.
To consider this a good entry there are certain criteria to follow:
1. Clean BoS with IMB.
2. * Look for areas where liquidity has been purged.
3. * Stochastic: long trades 0-15, in short trades 85-100.
( * ) = Not optional but increases our probability.
I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3.
Trade carefully
This is not financial advice, DYOR.
⚡ RUNE Trade Setup ⚡📊 Analysis:
Market Observation: RUNE is experiencing resistance that may convert into support, presenting a potential buying opportunity.
Current Situation: The buy zone spans from $6 to $7.4, with a secondary buy zone from $3.2 to $4.2 for further accumulation if prices drop.
Strategy: Utilize dollar-cost averaging (DCA) within the specified buy zones, with additional dry powder reserved for potential lower levels, such as $4, in case of a significant sell-off.
Entry Points: Initiate buys within the $6 to $7.4 range and consider additional purchases within the $3.2 to $4.2 range.
Take Profit: Target profit-taking at the next areas of resistance, aiming for $13 and $20.
Stop Losses: Implement a soft stop at a daily close below $5 to manage risk, with a hard stop set at a daily close below $3 to mitigate losses.
🌐 Note: Stay vigilant for confirmation of support conversion and potential upward momentum before entering positions. Adjust the strategy based on market dynamics and consider factors such as trading volume and overall market sentiment.
Get Ready for Huge upside as PVRINOX at Support !!PVRINOX is around the long term support !!
Long term support is working from 2008 and now around the support
Long term support is around 1150-1240
In a weekly timeframe Stock is making falling channel
Falling channel support is also coming around 1180-1240
We have confirmed these levels from 2 charts
So Probability is higher that prices may bounce from these levels.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Lets Keep Things Simple!Let's keep everything simple. Here at the levels to trade in-between!
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.