SPELLUSD trade ideas
SPELLUSD (1H) Bullish reversalHi Traders
SPELLUSD (1H Timeframe)
Waiting for the upward break of 0.01640 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.01383 would cancel the bullish scenario.
Trade details
Entry: 0.01640
Stop loss: 0.01383
Take profit 1: 0.01790
Take profit 2: 0.02040
Score: 3
Strategy: Bullish reversal
SPELL - LONGBUY LOW SELL HIGH.....SPELL IS VERY MUCH OVERSOLD, IT IS TIME FOR AN IMMINENT REVERSAL.
Please do a thumbs up if you like this idea....Thanks for watching.
SPELL - approaching stronger buy zonesSPELL is down almost 20% since it breakout to the down side.
BTC initiate current selloff on market, as usual. SPX is also down, retesting previous breakout level.
My next buy orders are at green boxes at 0.5 and 0.618 Fib. retracement. I already bought some smaller allocation.
If BTC closes under 42k we might see some massive selloff on market.
$SPELL token potential loading area for a reversal...$SPELL token is an interesting DeFi project that has landed on almost every major exchange in a short amount of time. Binance just announced listing too in late December. The chart doesn't have much history but from what we can see this area looks like prior support which will create a higher low and new base if it turns. We can also see this is the spot it has turned every time using RSI as the key indicator. I would assume this is the sweet spot for programmed Algos to flip to the buy switch. Let's see how this plays out. Lots of movement so a great one to trade.
SPELL TOKEN is preparing for a 3X jump Expected 0.06 b4 a breakSPELL TOKEN is preparing for a 3X jump Expected 0.06 b4 a break
SSpell appears to be going up to .035$Spell appears to be going up to .035, and possibly even to .060 in January. You could buy in now at .022 for massive gains.
Spell - Entry Opportunity**I bought Spell**
Spell has been performing well in the last few days, with today's fall it opened a short stop loss entry opportunity.
Entry: 0.0227
Target: 0.0321 (40%)
Stop: 0.0210 (8%)
Volume: 6.7%
It is now possible to buy Spell at Binance
SPELL - in rectangle consolidationIt looks like SPELL is inside rectangle consolidation with strong buy at 0.0215$ and sell above 0.0262$.
Bullish:
- strong buy at support zone (nice wick festival here) ✅
- Stoch RSI on 12h and lower time frame ✅
- nice fakeout wick which is bought up quickly ✅
Bearish:
- RSI breakout ❌
- Stoch RSI on D, 3D ❌
Check previous SPELL analysis before breakout:
Looking for a move higher with SPELL/USDCOINBASE:SPELLUSD
Look at a pullback to support area with SPELL/USD in bullish market conditions....
SPELLUSD (4H) Bearish reversalHi Traders
SPELLUSD (4H Timeframe)
Waiting for the downward break of 0.0210 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 0.0275 would cancel the bearish scenario.
Trade details
Entry: 0.0210
Stop loss: 0.0275
Take profit 1: 0.0170
Take profit 2: 0.0130
Score: 5
Strategy: Bearish reversal
Doing Big Things!!!!!!!With a short run on the major exchange Coinbase SPELL TOKEN has amasssed in popularity and has climbed in popularity to #42 in the crypto market. Nice run today
SPELL bearish bat in formation, 30% upside I wanted to post this a while ago but better late than never as this still has nearly 30% move before completion of bearish bat pattern where we could get a tradeable reaction before further continuation to the upside. SPELL has upcoming catalysts in short term.
sell spell
.013 would be generous their is also a possibility that this short is premature and spell will touch .029 before it goes back down. If it will touch .029 it will happen soon. Do what you would like, short long buy sell. I don't care. I just had to type jargon so that I would be able to publish my idea.
Entry point for me would be around .016 but only if i get to dump my ddx beforehand and somehow the timing just lucks out perfectly. DDX is a good investment so is Spell. But my timing could have been worse.
🐻💸
SPELL predictionAfter an aggressive selloff that brought SPELL to sharply to $0.006 in early December, SPELL was able to recover again, and started a new uptrend.
In the second wave, the current trend was able to break its downtrend line and reached today the 0.382 Fib level.
Now the price has been rejected in that area. Moreover, the Stochastic is also oversold on the daily TF and we will probably have a bearish cross on the stochastic in the next hour. Last 2 times that happened, on 3.11 and 9.12, SPELL had experienced a strong move down.
Considering SPELL is up 350% in the last 3 weeks, we can expect a pullback to happen.
We can expect a pullback near the $0.019 area. From there, if the support holds, we might see a bounce again. If the support fails, $0.014 zone is the next support.
SPELL Loading x3Coin this chart. Coinbase entered this wizard brother. In Earn to play category. His style is always upside down. It promises the future. Targets can be bought and sold. We celebrate together when x3 happens.
SPELL/USD TOKEN RADIO CHECK RADIO CHECKThis is the Current sentiment of the market @ this time/space juncture. MAGIC MONEY is what is also referred to. A Hot market go hand in hand.
SPELL long$SPELL broke through the resistance level and the descending trendline. Bullish movement to resistance at 0.0386 n$ is expected to happen.
SPELLUSD PredictionSpell may be in for a run similar to Shib when it was at around 800 with near 1/4bn volume and 3-4bn marketcap. Spell atm is about .154bn volume and 3.8bn marketcap, making it potentially an asset for the next bull run to side with Shib. This would send Spell to its ath at .034. Currently, next target is .022, if .019 breaks, then .034 and up.
SPELL - price action updateAnalysis update from previous analysis with more project info:
SPELL is one of few that shows signs of life after a few listings, and overall crypto market dump 💪
Once trendline is broken, retest of 0.02$ is imminent.
Next level to watch is 0.029$ 🚀
SPELL - a young project of high expectations listed everywhereAbracadabra.money is a lending platform that allows users to borrow funds using Interest Bearing Tokens as collateral.
SPELL is its token, used for incentivaztion as well as voting right when staked.
There is not much TA to do on this chart. I'm posting it because I watched it last month and forgot about it until I see Coinbase Pro listing announcement.
I didn't buy it on time but I want to do it now even more since it dropped heavily like all crypto market.
On market since August. Already 1 Billion M.Cap.
Listed on: FTX, Poloniex, ByBit, Coinbase Pro (today announced), a lot of DEX. Binance and others are just matter of time.
I will be very happy if I manage to get it at 0.10$. If it breaks 0.14-0.15$ resistance and turn it into support, I will add my 0.10$ allocation if it don't retrace to it before.
0.195$ level and Anchored VWAP I see as some kind of resistance but once momentum kicks in I don't thinks they will cause any problem.
It sounds like little FOMO and 1 Billion M.Cap is a lot for few months old project, but I'm ready to take that risk here.
SPELL Token BUY patter ApproachingFor those who want to play safe and don't "buy the dips" it is *almost* time for $SPELL to pick up and grab a train for an upward movement🧙♂️
A closure above the .02 level and following retrace not below the previous low would suggest a strong BUY signal🔼
