Conservative trading, we are going x3 less usual risk
Today we are going for this buying opportunity as the risk/reward is very favorable. Besides, GOLD has given us also a bullish signal, which usually is an early warning that cryptos are going up. Let's roll, we'll keep you updated.
Undoubtedly, HPE is on an upward trajectory. The support has remained robust, and the bulls have successfully breached the resistance. This suggests a dominant buying momentum, and the chances of continued upward movement are substantial. We're seizing this buying window, anticipating a swift surge. With a relatively high RR, we're prepared for all...
Gold recently found support near the 38.2% Fibonacci retracement level, a point where robust demand has emerged. Furthermore, the average-price uptrend trendline has been resoundingly rejected, indicating a promising signal for the continuation of the long-term upward trend. In the grander scheme, maintaining a daily/weekly closing price above the recent low...
This is truly a crazy setup, especially if we look at the RR. Although there are still quite good chances that it might play out.
DYDXUSDT has impressively rebounded from its supportive uptrend trendline. Notably, it shattered the downtrend trendline with assertive momentum. With such a favorable risk/reward scenario, we're taking a bullish stance on this coin. Gear up! We anticipate the upward march to commence starting today.
After HPE has formed a double top, we might be witnessing a long-term trend reversal, from up to down. Yet the price is likely to stay within the range for some time and we are aiming for the bottom of that range.
OKBUSDT is currently showcasing a promising bounce from the 78.6% Fibonacci support level, aligning perfectly with the downtrend trendline's breakout point. The overarching sentiment leans bullish, and it appears the continuation of the uptrend is on the horizon. Given the current price dynamics, this might present a favorable risk-reward buying scenario....
Bitcoin is once again displaying its strength by breaking above the wedge pattern, signaling the potential for an upcoming rally. While it's important to acknowledge the possibility of further downside, the probability of the uptrend continuing is considerably higher. In this scenario, we're leaning towards a long opportunity, setting our profit target at the...
After the price broke above the downtrend trendline, we see a two-month of consolidation. This gave plenty of time for the APT accumulation. We are long from the current price and expecting fast growth very very soon.
After the trendline break, we saw how it flipped from the resistance to the support. At the same time, price held strong near the 61.8% Fibonacci support, and we are taking this opportunity for the nearest Fibonacci resistance.
LTCUSDT comfortably sits at the downtrend trendline and the 61.8% Fibonacci retracement support. This is highly likely to be the point of a trend continuation. We expect the price to reach the 161.8% Fibs target relatively soon.
We are shorting from now and expecting a strong correction, unless a new higher high will be produced.
We expect the USD weakness across the board, specifically on the USDCNH pair. This could be quite a substantial downtrend, considering the price action around the uptrend and the downtrend trendlines.
We just went long on KAVA since the price is trading near the 61.8% Fiboinacci support. The risk/reward setup is decent and probability favors the uptrend. Let's get rolling KAVA~!
This could be a short term uptrend, which we are planning to capitalize on. Although first there should be a minor pullback for a good rr trade setup.
We just went long on ROSE since the uptrend trendline is holding strong. The potential is huge, but the plan is to take profit as the price rises.
Bulls are clearly dominating as we can see how every support is being respected. And right now price stands near the critical demand area while remaining near the bottom of the ascending channel. This is likely to be a huge buying opportunity, potentially for a 200%+
