lexcel

lexcel

This BINANCE:LEVERUSDT shows a continuing downward sloping channel. Observe that the support has been bridged trice. while price have only ticked resistance without piercing through. The idea is to short at the top of the channel (red line) even if price break above redline, the purple channel provides another strong resistance. Action plan 0.002258-...

lexcel

It is observed that price is traded within a band (blue channel) forming a pattern known as the bullish flag which is highlighted (green) pole and a trading channel (blue). This present a massive opportunity as this chart structure indicates a prospective price rise of about 70%. This also aligns with the other fundamentals like the US elections in November as...

lexcel

$Sand pulled a solid 10X reaching the $8 mark. it has however retraced to wipe out the late buyers and margin traders . The retracement to 4.1-4.7 range bouncing off the green trendline is good for the market as it shows the uptrend market is still active. Now we can rebuy our bags for the next leg up Buy $4.5 - $5.1 range is good to buy Take profit at...

lexcel

The drop from $68 to $40 has the bears out of gas. The drop is a retest of the top of the ascending triangle. The bulls signaled support by printing a 6% daily candle to form an evening star candle formation Buy $41 -$43 take profit @ 50. This worth noting that the 40- 43 range is great price point for a long term portfolio addition. Goodluck!!

lexcel

Having shed off 60% from its 2021 high, price have reached its multi- year resistance which has now flipped to support. The support zone held has buyers rushed in to defend the zone closing the day with 7% rise and printing a bullish engulfing daily candle. which now serves a confirmation that the buyers are in charge of the market. hence we can now place our...

lexcel

Following the prolonged downtrend, i believe a trend reversal is ripe as a technical indicators like MACD and Stoch are extremely oversold on the daily Buy 7.8-8.1 with a stop loss at 7.2 Take profit at 9.5 Goodluck!!

lexcel

ICP has maintained the $40- $55 range for the last 3months. Consequently, I expect the buyers to retain that $40 floor making it an accumulation zone. BUY at 40 with a stop loss at $37 Take profit at $56 Goodluck!!

lexcel

SANDbox COIN has seen a tremendous run from $0.78 to $7. i believe it has reached a top for a mean time and will correct. SAND have reached the 4.28 fib level from its previous consolidation. In addition, it has formed a evening star on 4H time-frame. Sell at $7.28 -$6.9 Take profit at $5.2- $5.8 Goodluck!!

lexcel Updated 

ZILLOW GROUP $Z dumped pretty hard it scared even the bravest of hearts. Nonetheless my analysis says $Z has hit rock bottom and it can only go up from here. Buy up from 60$ - 64$ i expect this market to take some time to build some base before reversals and trend revert. Goodluck!!

lexcel

Notice the broaden wedge on this coin enclosed within the purple trendlines . the opportunity is for the price to resolve to the top of the wedge at 6.2$ giving about 15% move. when the wedge resolve i will update the next potential opportunity Buy at $5.25- $5.35 Take profit at $6.18 -$6.24 Goodluck !!

lexcel

Ethereum Classic $ETC forming a base triangle showing heavy accumulation within the range Buy $57.8 - $59.5 and take profit at 72$-76$ This should be a quick trade hopefully the pattern resolves by weekend Goodluck!!

lexcel

i noticed the inverse head and shoulder on Litecoin. A measured move put first target at 372$ which a 50% above current prices. Inverse head and shoulder typically represent bottom formation and signify a trend change. buy from 225 -245$ first Take profit is at $372 and at previous top 412$ Goodluck!!

lexcel

$BABA has been in a downtrend all year 2021. while this has being disappointing to investors, its also the one in 4 years opportunity to buy into this Chinese retail leader at these prices. I mean 140 $ -160 is your buy zone. it will never be this cheap for a long time. HARD SUPPORT is at I40$ and that represents the new foundation for this moon shoot. This...

lexcel

$SNAP price fell about 35% last week over earnings report. However this is just one more occasion the market is overreacting. Technical: We seeing support at $52 mark with a liquidity range just below at $48.5. This give a potential right-angled broadening formation. Typically this type of patterns have a 68% strike performance. The purple and green lines are...

lexcel Updated 

TVC:USOIL has printed a double bottom so i think we have a short term reversal buy 50-50.20 stop loss 49.10 TP 52.0

lexcel Updated 

this pattern is really not popular hence i have seen so many analysis calling for a dump or correction .. hence am putting this out. we have a broadening wedge on BITSTAMP:LTCUSD and that puts the target at 130$.

lexcel

This 11 years NYSE:DB FALLING wedge that ready to pop. Its time to buy it all up, 65$ is the ultimate target. this is the weekly chart so it will take a few months. buy up $8-10.5 stop loss is $6.5 TP1 $12.6 TP2 $18.6 Good luck!!

lexcel Updated 

NASDAQ:QCOM price action has defined a ascending triangle, a strong breakout and bounce after the retest confirms the market structure is in play. The trade opportunity is to bet long entries from $87- $90 , the measure profit target is at $150 with a stop loss at $80. this trade idea is validated if price trade below the ascending (green) trendline. it also...