SPELLUSDT trade ideas
SPELL update - following targetsSPELL - update from previous post
Got the range low sweep (green)
Got the range high sweep (red)
Got the range EQ bullish retest (yellow)
Playing out quicker than expected, but the principals and levels are the same.
Target above in red dot circle.
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Trading Signal For SPELLUSDT SpellTokenTrading Setup:
There is a Trading Signal to Buy in SPELLUSDT SpellToken
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.0012712
⭕️SL @ 0.0010511
🔵TP1 @ 0.0018517
🔵TP2 @ 0.0026240
🔵TP3 @ 0.0035550
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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Potential upside 20%I think correction is over, uptrend continues. Bounced from 50 ema on daily chart
Buy above 0.00148
First TP 0.0018 and could even go upto 0.0029
Keep in mind that btc is highly volatile and may ruin good setups. Trade safe, use stoploss
DYOR, Not financial advice
SPELL - The Bullish Play SPELL has had relative strength lately and I feel nobody really noticed. Unless you zoom in down to current PA, it won't look like it has done much recently.
That is not the case, SPELL has:
- Broken out of two resistances (indicated in "breakout" and "s/r")
- Flipped a key S/R level into support, thus breaking bearish market structure
- Is developing a descending wedge (typically bullish)
- Trading inside the current mid-range, not having broken the EQ as support, yet
I try to ignore all those nasty wicks as random deviations, sometimes they can be helpful but I mainly try to stick to the candles for my key levels.
If the market continues to see strength here, I imagine something like this playing out imo. A break below mid range and fakeout of the descending wedge to the bottom band of the range where our bullish order block remains, then a bounce and I'd target at least the upper band of the range and potential breakout if this rally is to continue.
Just an idea, invalidated on a break below range low (bullish OB).
Cheers!
Falling WedgeFalling wedge and breakout and its currently trying to hold on the previous line of resistance. Bullish divergence on 4hr. Price on 15min time frame is currently holding above the 200 EMA testing it as support. Bull pennant on 15min and oversold stochastic RSI. Daily stochastic RSI is oversold with hidden bullish divergence. RSI broke long downtrend line.
SPELLUSDT | BINANCE | SPOT 4H SUPORT HOLDING? big spikes of volume on this line. 4h 200EMA holding or rejecting price ?
internal TL holding or turning into resistance? 50 DAY EMA to hold?
DAY SUPORT next to be tested together with TL ?
RSI and/or MACD confirming ?
9 WEEK EMA holding?
stay tuned
$SPELL* Falling wedge
* Break out retest of falling wedge
* Bounce from the bottom of Bollinger band
SPELL/USDT BREAKOUTBreakout bullish pennat in h4 and daily chart, possible oportunity and stop small
Not financial advice
OCCUPYDEFI-SPELLUSDTnot sure if this things still active dev since the wonderland fiasco
but its technically managed -97.58% from ftx listing
with potential for 2000% if we ever return to speculative euphoria// if totalcap actually upgrades and this things memepotential #frognation #occupydefi ever kicks back into gear then over 2000% from here as itll likely see aths in that case
dyor just noticed the potential for obv breakup
bottoming out vs eth will post chart
and breaking above 20ema for the 1st time since 465% ago
early signs of a reversal pattern? or exit bounce time? u decide :)
gonna have a look at the discord too see if anythings been announced..
if active dev kicks in from here and btc is actually bottoming out this would be a godlvl buy opp on one of the most marketable coins in the space
SPEL 4H SPEL Icould not break the resistance was rejected, now it will go down to support! if SPEL hold that support it will follow the resistance again!
In my opinion, it will make a double bottom and will rise sharply to $ 0.00146. GOOD LUCK!
Don't forget to use stop lost and don't greed for profit. SATISFY YOURSELF WITH A LITTLE BIT
LongGood accumulation with solid support on the MM slow. Good potential for trust-up or a pump till the second target.
Long term for spellustdspell will turn around after cyptro market growth
Abara will lending like mrk and MIM still peg after bad news.
New Spell breakoutIn this picture, we observe a new SPELL breakout with a simultaneous volume increase at the 15m timeframe... Good opportunity to buy at the retest or higher if the price does not drop
spellusdt is in buy area!!spellusdt is in buy zone now. spellusdt is in an uptrend and done a correction after making HH. it can soon start 2nd upward spell.
Possible inverse head and shoulders forming.buy the breakout of the formation. Use stop loss the market has been super choppy lately.
Sorry for the quality posting this from cell phone
Spell!!!! Great buying opportunitySpell has triangle breakout! Now it is retesting the upper triangle line, this is a good buying opportunity. Profits with unlimited potential since this is a new coin...
It's Leviosah not Leviohsaboys significant upside on this one as depicted in the previouse chart. for this weve put more accurate price target as well as our stretch target of just under .05. keep your head up for a quick couple hundred percent trade here. not even sure exactly what this coin claims to do but it doesnt matter, looks decent
Wingardium Leviosa lots of practical uses to magic and this spell is no different than any other lol. alohamora boys were going up
spell usdt new era coming soon...Speel is about to complete a long downward trend.spell ready to take off.
not financial advice.
$SPELL on BinanceThis BOS on lower and higher time frames could lead to a big move to the upside.
Not confirmed yet according to price action my buy zone is shown on the charts
Let's see how it goes.
DECISION TIMEStop Below 0.0066
Targets : 0.0088 - 0.0094 - 0.011 - 0.015 - 0.021
Risk/Reward : 5% / 15+%
