Marathon Digital Holdings - Short Term - We look to Sell at 32.15 (stop at 37.41)
We look to sell rallies. The medium term bias remains bearish. Previous resistance located at 32.00. The bias is still for lower levels and we look for any gains to be limited. The daily chart technicals suggests further upside before the downtrend returns.
Our profit targets...
Bitcoin - Intraday - We look to Sell at 45798 (stop at 47047)
Daily signals are mildly bearish. We are trading at overbought extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. 45850 has been pivotal. A higher correction is expected.
Our profit targets will be...
NVIDIA - Short Term - We look to Sell at 269.00 (stop at 291.43)
We look to sell rallies. Previous resistance located at 270.00. Previous support located at 210.00. Trading within a Bearish Channel formation. The daily chart technicals suggests further upside before the downtrend returns. Further downside is expected although we prefer to set shorts at our...
GN Store Nord - Short Term - We look to Sell at 361.40 (stop at 379.10)
The primary trend remains bearish. Previous support, now becomes resistance at 360.00. 50 1day EMA is at 373.00. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile.
Our profit targets will be 311.00 and 304.50
Resistance: 360.00 / 380.00 / 420.00
...
Ethereum - Intraday - We look to Sell a break of 2549 (stop at 2616)
Daily signals are bearish. Price action is forming a bearish flag which has a bias to break to the downside. A break of yesterdays low would confirm bearish momentum. Short term momentum is bearish.
Our profit targets will be 2369 and 2309
Resistance: 2650 / 2700 / 2750
Support: 2600 /...
LTCUSD - Intraday - We look to Sell at 110.63 (stop at 114.50)
Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 109.50. The hourly chart technicals suggests further upside before the downtrend returns. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further...
Fiverr - Short Term - We look to Sell at 89.12 (stop at 99.18)
Previous resistance located at 90.00. 50 1day EMA is at 94.00. The primary trend remains bearish. Our overall sentiment remains bearish looking for lower levels. Preferred trade is to sell into rallies.
Our profit targets will be 62.15 and 52.88
Resistance: 90.00 / 100.00 / 120.00
Support: ...
Bitcoin - Intraday - We look to Buy at 36632 (stop at 35988)
A bullish reverse Head and Shoulders is forming. Bespoke support is located at 36500. A lower correction is expected. We look to buy dips.
Our profit targets will be 38343 and 39243
Resistance: 40000 / 41000 / 42000
Support: 38000 / 37500 / 36500
Disclaimer – Saxo Bank Group. Please be...
TSM - Short Term - We look to Sell at 115.52 (stop at 120.62)
We look to sell rallies. Continued downward momentum from 142.00 resulted in the pair posting net daily losses yesterday. Previous support, now becomes resistance at 116.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 116.00, resulting in improved...
LTCUSD - Intraday - We look to Sell at 110.90 (stop at 115.68)
Preferred trade is to sell into rallies. Previous resistance located at 110.00. 50 4hour EMA is at 111.00. The trend of lower highs is located at 111.00. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Our profit...
Ethereum - Intraday - We look to Sell a break of 2298 (stop at 2366)
Daily signals are bearish. There is no indication that the selloff is coming to an end. A break of the recent low at 2300 should result in a further move lower. 2300 has been pivotal. We look for losses to be extended today.
Our profit targets will be 2121 and 2061
Resistance: 2400 /...
Nokia Corporation - Short Term - We look to Sell a break of 5.24 (stop at 5.45)
A move through bespoke support at 5.40 and we look for extended losses. Our overall sentiment remains bearish looking for lower levels. A lack of clear direction has formed a channel on the intraday chart that has a mild bias to break lower. We look for gains to be extended today....
Wells Fargo - Short Term - We look to Buy at 51.28 (stop at 49.63)
Preferred trade is to buy on dips. Previous support located at 51.00. We have a 61.8% Fibonacci pullback level of 51.49 from 46.04 to 60.30. The medium term bias remains bullish. Expect trading to remain mixed and volatile.
Our profit targets will be 56.06 and 59.10
Resistance: 57.00 /...
Bitcoin - Intraday - We look to Buy at 36444 (stop at 35698)
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 36264 has been pivotal. We look to buy dips. Price action continued to range between key support & resistance (36000 - 39000) and we expect this to continue.
Our profit...
Microsoft - Short Term - We look to Buy at 279.24 (stop at 272.73)
Preferred trade is to buy on dips. A higher correction is expected. Previous support located at 280.00. 280.00 continues to hold back the bears. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 299.23 and 309.50
Resistance: 300.00 /...
Apple - Short Term - We look to Buy at 156.38 (stop at 151.92)
We look to buy dips. Prices expected to stall near trend line support. Previous support located at 156.38. Intraday signals are mixed. We are approaching the medium term support and look to set longs on an approach to this level.
Our profit targets will be 167.38 and 174.20
Resistance: 170.00...
Bitcoin - Intraday - We look to Sell at 38698 (stop at 39404)
Daily signals are bearish. We look for a temporary move higher. Bespoke resistance is located at 39000. 20 4hour EMA is at 38500.
Our profit targets will be 36858 and 35958
Resistance: 38000 / 39000 / 40000
Support: 37000 / 36300 / 35500
Disclaimer – Saxo Bank Group. Please be reminded –...
LTCUSD - Intraday - We look to Buy at 100.55 (stop at 96.58)
We look to buy dips. The immediate bias is skewed to the downside but, with this move assessed as being corrective, we would prefer to buy into the dip. Previous support located at 100.00. We look for a temporary move higher. Trading close to the psychological 100.00 level.
Our profit targets will...
