Price at significant support level and at 50% fib retracement. Neckline for double bottom broken to the upside. Price also broke the descending trendline. Initiated a small long here and will add once price action confirmed on close of 4 hour.
Successful break and retest or the sloping trendline. 2nd Long initiated at 1.9749. SL 1.9749 TP 1.9813 R:R - 1:2
Last week GBPNZD closed above 1.97 neckline of an inverted Head & Shoulder as well as Cup & handle formation.(Watch the weekly close). Price is very bullish on both monthly & weekly. Initiated a long at 1.9725 and SL below 1.96. Will add to the position. See the updated 4 hourly Chart below. Measured target profit is 2.1 (YES, you read is correct and its over...
VET recently broke the ATH at $0.06250 and retesting the support. $0.055 should hold as the support on a daily closing basis and the procie will then target 0.085-0.095 region in the coming weeks if not days. I'm long since end of last year and will continue to do so atleast later part of this year. Please note, this setup is for long term investment and not...
Similar to Polkadot (DOTUSD) setup, this pair is trading within a symmetric triangle after a strong run to to the upside which is bullish. Go long on the break out and retest aiming 27 in the long run. This idea is long term investment and not for intraday trading.
Trading within a symmetric triangle. Go long on the break out and retest aiming 55 in the long run. This idea is long term investment and not for intraday trading.
Similar to BTC & ETH , LINK retraced to 50% fib level of the last run and now approaching to test the ALL TIME HIGH at $37 region. Expect profit taking at this level. Stay tuned for the next target based on what it does in this level but I expect the price to break the resistance and move higher in the long run. This idea is long term investment and not for...
BNB had a rather aggressive move to upside and subsequently a larger correction below 61.8% fib level. It recently broke a Descending channel and also another descending trendline to resume its uptrend. See anticipated trajectory to last all time high. Expect profit taking at that level and possible strong retrenchment. Stay tuned for the next target depending...
Cardano (ADA) retraced to 50-61.8% fib level of last long run and recently broke descending trendline to resume the uptrend. Expect some profit taking and retracement at key levels highlighted in chart. Stay tuned for the next target depending on how it behaves at last high at $1.48 region This idea is long term investment and not for intraday trading.
AAVE retraced to 50% fib level of last bull run and recently broke descending channel to resume the uptrend. Expect profit taking and retracement at last all time high as highlighted on chart. Stay tuned for the next target depending on how it behaves at $600 level This idea is long term investment and not for intraday trading.
Similar to BTC, ETH retraced to around 38.2-50% fib level of the last run and now approaching to test the ALL TIME HIGH at $2040 region. Expect some profit taking, retracement and consolidation before the next leg up. Stay tuned for the next target once price breaks and closed above $2K on the daily timeframe This idea is long term investment and not for...
BTC retraced to 50% fib level of last bull run and now approaching to test the ALL TIME HIGH at $58,500 region. It very likely that the traders will take some profit off the table and the price will pullback to around $52K region before moving higher. Stay tuned for the next target once price breaks $58K on a daily closing basis. This idea is long term...
Hope some people have taken benefit from the last analysis on the pair Oct 8th as per below. Price retested and reversed from the key support level as identified below. The momentum is too strong and I don't expect any significant pullback considering BTC is at all time high level and people taking money off BTC and probably investing in Altcoins. ETH being the...
Hope some people have taken benefit from the 1st analysis on Oct 8th as per below. It has taken longer than expected but has played out exactly as anticipated. Patience is key. NOW Next target and possible but opportunity..... Expect price to pullback and retest 0.01480 level before continuing the bull run and aim 0.02247118 in the coming weeks as the 1st...
Looking at possible levels for ETHUSD long term investment. Notice the neckline around 290 which has acted as support and resistance many times in the past. If 290 beaks, 210-230 is the level to watch. Please note, this is not intraday trade idea. I am only interested in long term investment in crypto for next 2 years and looking at levels to add to my investments.
Key zones to buy VETUSD or VeChain. 0.0085-0.0095 has been historic resistance on many occasions. Expect this level to be respected as a support going forward for the next leg up. Also, break of the descending channel will confirm the setup and will resume the bull run that started around Apr 2020.
After retesting the all time high level, BTCUSD has retraced which was well expected. However, this sharp fall today is a bit unusual and has put a lot of people off guard. However, the case for the bull run is still very valid and is going to give smart money opportunity to load more. Watch the key levels below for turnaround and buy and hold to the...
ETHUSD tested the channel top and has come back to re-test the level identified on 23 November as per below. Wait and look for a buy setup next week before initiating a new long position or add to your existing long positions. 1st price target is still same as before which is around 790-800 region.