Get started

Support

FTNT: Dark Pool Buy Zone SupportNASDAQ:FTNT is a good example of a stock that had a big gap down that immediately filled due to falling below its fundamental level and a Dark Pool Buy Zone. This and the sideways trading range developing on the long-term trend creates strong support for weathering any sympathy moves from other cybersecurity stocks that have been over-speculated. Sideways action is likely to continue for a time, but AI-driven cybersecurity will only become more important in the years ahead and this stock is still at a decent price.
NASDAQ:FTNTLong
by MarthaStokesCMT-TechniTrader
TSLA - There is a clear story to this chart. Here's what we needAlways tell a HTF story of the charts before getting bogged down in LTF chaos. These HTF algorithms control price. Clear what we need to look out for on this TSLA chart - Yellow strong algorithm needs to activate to take us out of magenta and teal strong selling. Fortunately for me, you can't laugh at this. These are the same algorithms proving themselves over and over again for years. Do this same thing on the hourly chart for more detail and you will be able to work yourself into many profitable positions and understand how price is reacting to and from these HTF algorithms. Cheers to more knowledge, more profits, and to building a strong community in which we can all find consistency in our own styles of trading. Happy Trading :)
NASDAQ:TSLA
by ReigningTrades
1
BTC - Tell me what is next ? Breakout OR Rejection ? #BTC/USDT #Analysis Description --------------------------------------------------------------- + As depicted in the chart, BTC is currently at a crucial juncture, trading near the all-time high (ATH) range on the monthly chart. + This pivotal moment will determine Bitcoin's trajectory, as a breakout could propel it to new ATH levels, aligning with expectations and historical Bitcoin halving cycles. + In the event of a rejection, the next support level is anticipated around the 47K range. However, the possibility of a breach below this support, leading to a target of 30K, seems less likely. + Personally, I maintain an optimistic outlook on a price breakout. I anticipate Bitcoin to consolidate near the ATH range, paving the way for a smooth ascent once the ATH barrier is breached. --------------------------------------------------------------- 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
Long
by VectorAlgo
2
🐕 DOGE: Meme Coin Momentum! 🚀📈 📊 Analysis: Meme Coin Movement: DOGE has experienced movement, but there might be potential for increased momentum. Current Position: DOGE is currently at support, providing a potential long trade opportunity. Entry Strategy: Consider laddering into a spot trade within the $0.145 - $0.16 support area. Profit Targets: Potential profits at $0.18 - $0.205 or $0.30 - $0.34. Stop Loss: Set just below $0.1373 for risk management. 🌐 Note: Monitor DOGE's price action closely for confirmation and adjust your strategy accordingly.
Long
by Richtv_official
INJUSDT Poised at All-Time High: Breakout or Breakdown LoomsINJUSDT is on the verge of a critical juncture, approaching its all-time high of $43.35 on the daily chart. The price has been consolidating recently, attempting to break above this resistance level four times. Technical Analysis: Resistance: $43.35 (All-Time High) Support: $32.23 Relative Strength Index (RSI): Supported at 50 Volume: Increasing volume coincides with attempts to break resistance Key Observations: INJUSDT is facing a significant hurdle at its all-time high. A breakout above this level could signal further upward momentum. The price has been consolidating recently, suggesting a potential period of indecision before the next directional move. The RSI remains at a neutral level (around 50), offering no clear directional bias. Increasing volume during the recent price attempts at the resistance level indicates strong buying pressure, potentially aiding a breakout. If the price fails to break above resistance, it could find support at $32.23. Conclusion: The upcoming move for INJUSDT hinges on its ability to overcome the all-time high resistance level. A successful breakout could lead to further gains, while a rejection might trigger a pullback towards the $32.23 support level. This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
Long
by behnoudt
Magic Stalls at Resistance: Bearish RSI, Potential Retest LoMagic is on the cusp of a critical resistance level at $1.4973. While the price recently established a new high, a potential bearish signal is emerging from the Relative Strength Index (RSI). Technical Analysis: Resistance: $1.4973 Support: $1.2646 (Daily: $1.2613, Monthly: $1.0208) Relative Strength Index (RSI): Bearish Divergence (New price high, lower/same RSI level) Volume: Recent price test at $1.4973 coincided with decent buying pressure Key Observations: The RSI is indicating a bearish divergence. This suggests that the uptrend momentum might be weakening despite the recent price increase. A significant support level exists at $1.2646 if the price breaks below $1.4973. Additional support levels lie at $1.2613 (daily chart) and $1.0208 (monthly chart). If the price manages to overcome $1.4973, the next key resistance level on the monthly chart is $1.8231. Volume Analysis: The recent price test at $1.4973 was accompanied by decent buying pressure, but the price ultimately faced rejection. This suggests a potential struggle for the bulls to break through this resistance zone. Conclusion: The bearish divergence on the RSI, coupled with the price rejection at $1.4973 despite buying pressure, increases the chances of a pullback. Traders should closely monitor the price action around this resistance level. A break above could signal further gains towards $1.8231, while a break below could lead to a decline towards $1.2646 support, with additional support at $1.2613 (daily) and $1.0208 (monthly). This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
Long
by behnoudt