A trade analysis for Maker (MKRUSDT) indicates a long position with key levels, including stop and take profit, based on the concept of flipping resistance into support. Key Trade Details: Long Position: Initiating a long position on MKRUSDT. Stop Level: The stop is set at $1,214, serving as a risk management measure. Take Profit (TP): The take profit target is...
An analysis of The Sandbox (SANDUSDT) suggests a correction phase, potential support levels, and upside targets, providing insights for market participants. Key Insights: Correction Phase: SAND is believed to be in a correction phase, indicating a potential adjustment in its price. Anticipated Move Higher: Following the correction, SAND could move higher to test...
AngloGold Ashanti (AU) has recently undergone corporate restructuring, relocating its primary listing from the Johannesburg Stock Exchange to the New York Stock Exchange (NYSE). This move is coupled with a bullish outlook for future growth. Key Highlights: Corporate Restructuring: AU completed its corporate restructuring by shifting its primary listing to the...
Kaspa (KAS) is observed to be holding a tight range, presenting potential trading opportunities with key levels and profit-taking considerations. Key Insights: Tight Range Holding: KAS is holding a tight range, indicating a consolidation phase in its price action. Retest Opportunity: Consideration for a long position is noted on a retest of the $0.11 region,...
USDT Dominance has experienced a significant retracement this week, influenced by Bitcoin's rally and resulting in observations about key support and resistance levels. Key Observations: Retracement Context: USDT Dominance retraced as Bitcoin rallied over 7%, leading to a move of cash out of USDT. Support and Resistance Levels: The current level of support is...
#THETA: After rejection at $1.20, retraced to $1.015 support. Critical support at $1.00 - $1.05. Potential rally to test $1.20 or $1.30 - $1.35 resistance if support holds. #CryptoNews #THETAToken 🌐🚀
A proper break of the upsloping trend line is awaited to confirm a potential trend reversal. Once the trend is confirmed to be broken, potential downside targets include $1960 and $1825.
🚨 Bitcoin surges near $45,000, pushing Dominance to 55%. Overbought STOCH RSI signals potential pullback from either the current level or the 56.3% resistance. A retrace could take Bitcoin Dominance to 53%. #BTC #Bitcoin #CryptoMarkets
🚀 DOT at $6 claims range resistance. Upside to $6.20, then $7.00-$7.26. Rejection risks $5.50. 🚨 #DOT #Polkadot #CryptoTrading
🚀 SOL retraces to range support at $60 and ascending line. A bounce may target $74-$78. Below, watch $57, then $48-$51.20. #SOL #Solana #CryptoTrading 🌐💱
BTC Dominance surges, eyes 55-60% resistance after 2-year consolidation. Expecting potential pullback, watch trend line and range high for support. #BTCDominance #Bitcoin #CryptoMarket
📉 BTC Dominance pullback may favor alts, including ETH. ETH at $2,200 support, likely to range $2,130-$2,200 before retesting $2,400-$2,500. Ascending trend line adds support. #ETH #CryptoUpdate #BTCDominance #Altcoins 🚀💰
Gala Games (GALA) is currently positioned at a critical juncture, encountering resistance at $0.028 and facing potential support and resistance levels. Key Points: Resistance at $0.028: GALA is trading at $0.027, coinciding with the $0.0264 - $0.0289 resistance zone. This area has presented a challenge for the price. Possible Retrace Scenario: There is a...
Exciting developments for Ethereum (ETH) as it confirms a significant breakout, setting the stage for a potential substantial price increase. Key Observations: Breakout Confirmation: Ethereum has successfully confirmed a daily candle close above the critical $2,140 level, validating the breakout from the ascending triangle formation. Measured Move Projection:...
Roku (ROKU), a leading video streaming service available across various platforms, has shown strong resilience, exceeding expectations with a profitable EBITDA of $43.4 million in the third quarter. This early achievement of profitability, coupled with a rebound in the digital-advertising sector, positions Roku for growth. Benefiting from the recovery in the...
Neurocrine Biosciences (NBIX), a biotech company specializing in treatments for neurological, endocrine, and psychiatric disorders, is poised for opportunities in congenital adrenal hyperplasia (CAH). Analysts project NBIX to potentially achieve worldwide revenue of $660 million by fiscal year 2030, emphasizing substantial market potential. Crinecerfont, an NBIX...
Royal Gold (RGLD), a precious metal streaming company, is positioned for continued growth, expecting increased annual revenue. Factors contributing to this growth include higher gold production at the Cortez Legacy Zone, acquisitions of new Cortez royalties, and elevated prices of gold, silver, and copper. RGLD is projected to achieve a robust 30.2% growth in...
Super Micro Computer (SMCI), a developer and manufacturer of high-performance server and storage solutions, is experiencing substantial growth and profit acceleration. The company's energy-efficient servers are benefiting from the AI boom, with exceptional demand outpacing expectations. To address this, SMCI is planning a 25% increase in production capacity. The...