For days TSX:HFT has been consolidating between 0.60 to 0.65 levels, and finally it managed to breakout yesterday and now it is facing resistance. Also on weekly TF it is showing a bullish trend. I'll wait for a breakout and then enter at retest of resistance turned support zone for a leg up to 0.95.
LSE:CFX again broke out from previous resistance and now came back for a retest of resistance turned support zone at around 0.3900-0.3800. I have set fib levels using fib tools and have placed my Limit orders between 0.3950-0.3900. If tested successfully we might again see a rally up to 0.4850 where there's another resistance.
I caught a nice bottom reversal on newly listed BINANCE:OAXUSDT It's still not late, anybody interested in this Support/Resistance-Reversal strategy can get in. Take profit and Stop loss are all marked in the picture. Cheers!
$MASK had a sell-off @6.45 making it a resistance zone. And now it is again rebounding from previous Demand zone around @5.2-5.5. I am looking for a quick in and out, as the market condition is too confusing. Playing a simple Demand and Supply trade game here.
$RIF has formed Inverse Head & Shoulder on daily TF which is heavily bullish sign. After a sharp downtrend and price reversal at around 0.1350-0.1400, it has clearly made another shoulder which is a right shoulder. I am waiting for candle close at 4H TF and then I'll take entry. Entry will be around 0.1425 to 0.1450 with a first TP target in sight at 0.2000, and...
I am super hawkish on $CFX Conflux Network. This coin has been making waves since past one month now with new partnerships and securing millions of funding. Sometimes fundamental analysis plays bigger role than technical analysis. This time I am only going with the fundamental reasons behind entering this trade. $CFX is checking the boxes of growth all along, also...
$TRU has been pumping since last one week now. After breakout from pennant price has made a 50% pullback on Fib and a rebound from resistance-turned-support zone, giving us a perfect confluence entry. I am targeting TP around 0.16 which is at next weekly resistance zone. Hope this plays out well in this choppy market.
Metaverse token Green Metaverse $GMT just showed a perfect reversal sign with Head & Shoulder breakout and now is looking for an uptrend after a severe downtrend. I am going in @0.425 with a TP target of 0.4875 in sight. For a second TP at around 0.6000 it need some solid pullbacks and retest, if done I'll go again in it.
I have been monitoring $FIS since last night. It breakout from resistance by creating a nice demand at around 0.7 levels. And now after with 3 candles on 4H timeframe it successfully retested support level which was previously a resistance. On weekly it is looking to an easy leg-up towards $1.00. I am going in with small amount, considering the market condition,...
$STX is in news after publication by LunarCrush. On Daily and Weekly it's showing a heavily bullish sign, this is 4h timeframe and it did a breakout from pennant which is ascending means forming HL but also LH. I have kept two targets, first target is a resistance on Daily and second target is a Weekly resistance. You can either enter if price comes back for a...
Music token $AUDIO spent days consolidating forming bull flag and now breaking out of it. It still need some more volume thrust to give us a clear picture for entry, maybe once it crosses yesterday's closed price of 0.3690 we can go in it. Till then I will an eye on the price direction and the volume factor.
$STORJ showed a nice upward trend on supertrend indicator. I am not a fan of indicators but this one has been giving a clear entry and exit levels I tried it on different assets. Also you can see the liquidity sweep of orders block right at the levels of supertrend before price took an upward movement. All in all $STORJ is giving a bullish signal for next few days...