Tradesignal
aelf — Bollinger Bands Signal 18% Price PumpLatest Performance 📉
ELF has been in a continuous downtrend since March and has lost ~60% since then. However, during the latest market rebound, ELF showed some strength, too.
Signal Details 🧐
At the same time, the token flashed a bullish Bollinger Bands signal. The signal occurs once the price touches or falls below the lower Bollinger Band. At that time, the chance of the price recovering and moving back to (at least) the middle Bollinger Band is high.
Other Indicators ✏️
In hand with the Bollinger Bands, ELF finds itself highly oversold in terms of RSI and Stochastic Oscillator, too. This further seconds a possible recovery.
Potential 🔥
Based on the calculation, the signal has a profit potential of 18%. The profit potential matches almost perfectly with the long-term downtrend line at 0.46.
BETA Flashes Bullish Hyper Scalper SignalWhat Happened? 🧐
BETA dropped ~40% after its massive 170% pump. The drop was driven by people taking profits and fueled by the Bitcoin crash.
Latest Performance 📊
Today, BETA does not perform as strongly as many other crypto tokens. Nevertheless, based on technical indicators, it flashed one of the most reliable signals on the 1D chart.
The Signal ⚡️
The Hyper Scalper signal combines several moving averages and the ADX and scans for specific chart patterns. It is mainly used to predict a continuation after a setback.
Backtest & Profit Potential 💰
Since the signal has only appeared once for BETA on the daily chart, backtests aren't reliable. However, the signal has an average reliability of 75%—85% on the daily chart.
The profit potential is calculated at 83%, pointing to the 0.12 area.
Solana Hits Big Resistance and Drops to SupportGood Morning Traders,
It's important to review price action on Solana because it is our fourth largest altcoin (excluding stables) and does lead much of our altcoin market now in this position.
The inverse head and shoulders pattern is playing out thus far.
Solana touched my $122 support precisely before bouncing and rounding the bottom of our right shoulder.
The 200 day SMA helped to hold price for support.
Price then exceeded our .618 Fib fan level which intersected with a level I had drawn at $145. This now becomes support.
Price had attempted to move higher but there is great resistance ahead on both our price chart and the RSI chart below. Both charts show big areas of confluence that are acting as major resistance. If the bulls can get above these, we are then safe to tackle that neckline. Once broken, we should have a price target of $235-245 before more rest.
Don't forget, holiday weekends often give crypto a big boost. With the 4th of July being a big holiday here in the U.S., I would not be surprised to see price movement float up over the long weekend.
Stew
Tellor Trade Successfully Closed — Signal Indicates More DownsidJust yesterday, I posted a trade setup to short on the 4H chart. With today's market dip we reached the profit target easily.
However, the dip flashed another bearish signal for Tellor, indicating even more downside potential. Here are the details 👇
1️⃣ Trade Signal
Tellor flashed a bearish Parabolic Trader signal on the 4H chart. The signal combines indicators such as the EMA200, PSAR, ADX, and MACD.
2️⃣ Reliability
Based on backtests, the signal shows solid reliability on the 4H chart. In terms of TRB and based on 13 signals, it has a 77% probability of achieving 5% gains.
3️⃣ Profit Potential
The profit target is calculated at 8% and aligns with the TRB's resistance at $82. However, based on the backtest data, it might be reasonable to use two profit targets.
4️⃣ What about the chart?
Tellor's 4H chart looks mostly bearish and, therefore, supports the signal. The token fell below the reversal trendline, which has served as a support area for several days.
1INCH — Trade Signal Indicates Quick Gains On The 4H ChartThe crypto market is mainly moving sideways. Accordingly, it is reasonable to pursue trades with a lower profit potential.
1INCH is an exciting opportunity to realize 2.5% gains.
1️⃣ Bullish Trade Signal Flashed
1INCH flashed a bullish MACD crossover on the 4H chart. The signal has high reliability to realize gains of 2% and, therefore, perfectly aligns with the calculated profit potential of 2.5%
2️⃣ Chart Support Bullish Movement
1INCH bounced once again at its 0.39 support level, and we can expect a move toward the resistance at 0.408
3️⃣ Trade Setup
A tight stop loss is mandatory since the profit potential is relatively low. Therefore, a stop loss of 0.8% might be wise. That results in a risk/reward ratio of ~3.
#1INCH/USDT #TradeSignal
FLOKI Prints Bullish MACD Crossover On The Daily Chart — 15% PotHere are the details 👇
FLOKI printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is gaining some upward momentum. Additionally, many market participants use the MACD to time their entry.
Backtest Details 🧐
On the daily chart, FLOKI has flashed the signal 11 times so far. FLOKI gained more than 2% in 10 out of 11 and more than 5% in 9 out of 11 signal occurences. However, the results for achieving more than 10% are slightly weaker (7 out of 11).
What about the chart 📊
FLOKI has found a local bottom at 0.00016 and should reverse from here. The first resistance is 0.0002, followed by 0.0003.
Potential & Approach 💰
The signal is calculated with a 15% profit potential, which is equal to the resistance at 0.0002. Therefore, a reasonable approach is to set a first take-profit target at the 0.0002 resistance and the second at 0.0003.
Tellor — Ichimoku Signal Indicates 5% Dip!Our algorithms identified a bearish Ichimoku signal for LSE:TRB on the 4H chart. The signal indicates a 4%-5% setback.
Here are the details 👇
TRB printed an Ichimoku signal on the 4H chart. The signal combines various Ichimoku indicators and validates the direction on higher timeframes. As a result, it is considered highly reliable.
Backtest Details 🧐
The signal has solid backtest results. Based on 7 historical signals, TRB dipped over 5% after signals flashed in 72% of their occurrence.
Other Technical Indicators 💹
Trend indicators are mainly bearish, whereas momentum indicators show a mixed picture.
What about the chart 📊
TRB is currently showing an uptrend after forming a bottom in early/mid-June. Therefore, based on the chart, a further price increase is likely. However, the Ichimoku price target perfectly fits the U-shape.
As a result, a possible scenario could be another retest of the U-shape before TRB continues going higher.
Verge — Engines On, Bullish Move About To Happen Verge printed a bullish signal on the daily chart and prepares for some upside momentum.
Here's What Has Happened 👇
XVG printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which likely leads to a further price increase.
Signal Details 🧐
The signal flashed on the daily chart and had extraordinary backtest results. Based on 26 historical signals, XVG gained over 10% after signals flashed in 80% of their occurrence.
Other Technical Indicators 💹
Most momentum indicators are in the neutral zone and support the signal. Many trend indicators have turned bullish or are about to turn bullish. Additionally, the ADX shows a strong trend and should help to realize the signal gains.
What about the chart 📊
XVG's 1D chart perfectly supports the signal. XVG has found strong support at $0.004 and bounced nicely. The signal's profit potential (~10%) aligns with the next resistance at 0.0046. If Verge breaks through this resistance, 0.005 is on the radar.
Trade Setup ✅
Aligning with the automatically calculated 10% potential, I would go for a first take profit at 0.0046. Closing 50% of the trade at this level is reasonable. Additionally, the stop loss should be moved below 0.0046.
WIF — Bullish MACD Trade Setup — 28% PotentialMany of you told me they prefer a written trade setup of a video. That's why I put together the most essential facts about the signal in this post.
What Happened? 👇
WIF flashed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which can lead to a further price increase.
Is This Signal Reliable? 🧐
Unfortunately, we can't run proper backtests on the daily WIF chart simply because there's not enough data available yet. However, on higher timeframes, such as the daily chart, the MACD is considered a valid signal.
What About Other Indicators? 💹
Momentum indicators are neutral, which is absolutely fine. For trend indicators, we (logically) see a mixed picture of bullish and bearish indicators. The ADX shows a light trend, which further seconds the bullish trend.
How About The Chart And Potential? 📉
After its dump, WIF found support at the level of $1.6 and bounced nicely. Therefore, the chart looks promising for further gains and some room to run toward $2.5 - $2.6
Ethereum Name Service Flashes Bullish Ichimoku Signal 👉 Here's What Has Happened
Today, ENS flashed one of the most reliable trade signals: the Ichimoku signal. This signal combines different indicators and validates the trade setup on multiple timeframes. As a result, its win rate usually outperforms many other signals.
ℹ️ Signal Details
The signal flashed on the daily chart and had exceptional backtest results. Although the number of backtest signals is relatively low, the performance is clear: Every time this signal flashed, the price of ENS pumped by more than 10%.
💹 Other Technical Indicators
Most momentum indicators are in the neutral zone and, therefore, support the signal. Many trend indicators have turned bullish.
📉 What about the chart
ENS's 1D chart indicates a potential outbreak above the 27.5 level, which would open the road to this signal's profit target.
EURUSD Sell | Trade SetupEURUSD is moving in a descending channel under the trend lines.
The price wants to broke the dynamic support
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
INJ Gears Up For $24.50 Injective Protocol bounced amazingly at its local bottom yesterday. Since hitting $20, INJ is on fire and delivers a strong performance.
But it is getting better: INJ printed a #bullish EMA crossover on the 4H chart. This signal further underpins the uptrend and should fuel INJ's run toward the next resistance at the 24.5 - 25 level.
Although the backtests do not perfectly support gains of 7-9%, the chart definitely supports them.
Currently, INJ is trading in a mini bull flag, and I expect a breakout and test of the 24.5 level within 24 hours.
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Please visit my profile for more free trade strategies.
NEAR Flashes Bullish Signal — 15% Profit PotentialNEAR was one of the crypto tokens that performed extraordinarily well during yesterday's dip in Bitcoin. As mentioned in today's live session, you want to trade exactly those tokens.
So, what do we have here 👇
NEAR flashed a bullish MACD crossover on the daily chart. Remember, the higher the timeframe, the more accurate the signals.
This one has solid backtest values. Historically, the probability of achieving 5% gains was almost 88%. However, based on support and resistance, this signal's profit potential is calculated at 14.7% (~6.15).
A proper strategy sets a first target at 5% and a second at $6.15.
Happy trading!
Fantom — Nice Bounce & Bollinger Bands Signal — High Probability Fantom is one of the coins you should examine closely today. The token had a massive bounce after today's sell-off and performed strongly.
FTM equalized the losses at the time of writing and is up almost 3%.
Moreover, Fantom flashed a bullish Bollinger Bands signal on the 4H chart. In this case, backtests show extraordinary results, achieving 2% and 5% gains.
However, if FTM continues to perform it could even go much higher since the next resistance sits at $0.65 — resulting in gains of ~15%.
Nevertheless, using 5% as a first profit target might be a good idea.
BAKE Prints Bullish Crossover — 36% Potential + Solid Backtest RBakeryToken flashed a bullish MACD crossover on the daily chart.
Based on backtests, the signal provides a solid win rate of more than 90% for 2% and 5% gains. Even for 10% gains, the win rate is more than 82%.
Additionally, the trend indicators are entirely bullish across all timeframes. Momentum indicators are neutral, which further backs the bullish setup.
Summarized, indicators signal a super interesting scenario for an entry.
Injective Protocol — Bearish Ichimoku Signal — 10% PotentialIf you follow my content, you will already know I am a big fan of the Ichimoku signal. It usually provides high-quality trade setups based on its multi-timeframe assessment.
In terms of INJ the signal flashed a bearish entry, calculating a potential of almost 10%. Backtests are positive; however, since they are relatively rare signals, they only rely on two occurrences. Therefore, the backtests shouldn't be overrated.
Trend indicators show a strong bearish trend. On the other side, it is important to pay close attention to the momentum indicators since they already signal an oversold status.
Additionally, since the latest candle could be interpreted as bullish, it might be worth waiting for the current candle to close.
Fetch.ai flashes bullish MACD signal on the 1D chart!FET has flashed a bullish MACD crossover on the 1D chart.
Based on backtests, the signal shows a solid probability of achieving more than 10% gains.
The signal calculates the profit potential even higher at a level of 34%.
However, based on the current chart, this would imply a break of resistance at $2. If FET manages to break through, a run towards $2.5 looks possible.
However, it might wise to take first profit at the $2 level — which still results in 20% gains.
Let me know your thoughts.
Measurable Data Token (MDT) — Bullish RSI Signal on the 1D ChartBased on the current oversold RSI, many coins should be ready to bounce and deliver a (small) relief rally.
In this context, MDT is a very interesting signal since the profit potential is quite high.
However, the token is rather volatile. Therefore, you have to be careful with your stop loss.
Based on backtests, the signal has shown extraordinary results. 92% of all historical RSI signals on the daily chart resulted in gains of more than>10% for MDT. Nevertheless, the chart shows that the profit potential could be even higher. In this context, our algorithms have calculated a profit potential of 45% based on the next major resistance.
However, given the current indecisive market, I would be cautious about the calculated profit potential of 45%.
A quick look at other indicators shows that all trend indicators signal a bearish trend. This isn't surprising and similar to many other altcoins. On the contrary, momentum indicators are either neutral or oversold.
Summarized: The oversold RSI and promising backtests provide an interesting entry. At the same time, the high volatility of the token bear some major risks.
the price is trading above the Ichimoku cloud NZDJPY LongThe buy zone seems solid as the price has been rejected multiple times in the past. I do notice that the price is trading above the Ichimoku cloud, which is a good sign of bullish momentum. Let's see how this plays out
Potential Trade Opportunity:
Currency Pair: NZDJPY
Position: long
Risk to Reward Ratio: 3R
Trade Parameters:
BUYLIMIT:
Entry Point: 93.354
Stop Loss: 93.29
Take Profit: 93552
Disclaimer:
This trade signal is provided for informational purposes only and does not constitute financial advice. Trading in the forex market involves substantial risk, and past performance is not necessarily indicative of future results. The provided entry, stop loss, and take profit levels are based on analysis at the time of publication, but market conditions may change rapidly, leading to losses. Traders should conduct their own research and consider their risk tolerance before executing any trades. We do not guarantee the accuracy or completeness of the information provided, and we shall not be liable for any losses incurred in connection with this trade signal. It is recommended to consult with a qualified financial advisor before making any investment decisions.