C3.AI bottomed and is going for the 1D MA50 test.C3.ai (AI) is trading within a Channel Down pattern since the August 01 2023 High and just 3 weeks ago made the 2nd Lower Low at the bottom of the pattern. If it breaks above the 1D MA50 (blue trend-line), we will have a confirmed bullish continuation for the new Bullish Leg, similar to the November 02 2023 break-out.
Until then, we expect one last short-term dip for a better buy entry, with which we will target 29.00 (just below the 0.5 Fibonacci retracement level). On the medium-term, we expect a new Lower High to be made, at least on the 0.618 Fib.
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AI
DELYSIUM (AGI)One of my favourite altcoins for a number of reasons is DELYSIUM. An AI-powered open world framework project, the first web3 operating system that has seen incredible gains in the last year, up 467% YTD.
The AI narrative is a very strong one, perhaps the most likely to succeed in this Bullrun and so choosing the right projects to back over the next 12-18 months is so important.
Since the start of the year AGI has rapidly climbed to new heights, with a previous ATH of $0.45 Delysium moved into price discovery before losing momentum and falling back under. A big reason for this is not only because the rally ran out of steam but because BTC made a similar move, and once BTC pulls back the rest of the market is usually subject to the same move, however altcoins usually hold value much worse than BTC. The chart shows price has retraced back to the origin point of the last leg of the rally, the Bullish OB+ area and reacted well off this zone. After this strong reaction price meets the trendline resistance and fails to break it after 4 attempts. Another pullback into the Bullish OB+ give AGI another chance to escape the bearish trendline which it does and begins to make new Higher highs and Higher lows, a bullish trend has begun on the LTF. The last thing AGI now needs is to break market structure to confirm a new bullish trend which it does by sweeping the supply zone on the nearest local high. Using the Fibonacci zones we can find the best place for entry between the 0.62 & 0.79 areas of the pullback just after a "change of character" (CHoCH).
With strong fundamentals as well as bullish technical analysis it is clear that AGI is a great project to consider. With a strong probability trade like this and Take Profit (TP) targets as price continues its rally. Obviously as with all Altcoins they are subject to BTC price movements, this trade idea will really be determined by BTC regaining the 4h 200ema. If Bitcoin can do that we'll have more confidence and confluence in the trade idea, if BTC continues it's LTF downtrend then the trade idea could be postponed and look for a better entry. The Stop Loss (SL) will be the invalidation area.
FET is trying to breakout !FET / USDT
As per our last BTC update I advised u not to over trading in these days .. you can see in this chart multiple fakouts occured With 2 main events of stoploss hunt of both long and short
Now all eyes on current attempt of breakout
Incase of successful breakout we can see very strong bullish wave on FET (the leader of AI coins )
Recovery ---- WLDOpenAI announced that it may release the ChatGPT board search engine on May 9. Unlike other crypto sectors, the AI sector has a high correlation with the market behavior of U.S. technology companies. The most obvious ones are OpenAI and WLD. WLD, as a global token issued by Sam, OpenAI CEO, is regarded by many traders as the embodiment of OpenAI's value. This is why WLD drove the entire AI sector higher over the past week.
During the decline, WLD almost halved. It has entered a narrow range since mid-April. Although it has not broken away from the bearish trend at the daily level, powerful bulls have appeared at the 1h level.
We can clearly see that the TSB indicator prompted a BUY signal on May 2, and then the bullish trend began. In the process of rising, after touching the wavy area many times, the bulls strengthened and continued to rise. WLD currently maintains a healthy bullish trend and is gradually approaching its 15-day high.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
PALANTIR bottomed on this Inverse Head and Shoulders pattern.Palantir (PLTR) easily hit our $24.50 target last time we published a call with you here (February 06 2024, see chart below) and shortly after started to correct:
The price has now hit and rebounded on the 4H MA200 (orange trend-line), forming so far an Inverse Head and Shoulders (IH&S) pattern, which is technically a bottom formation. This is the very same pattern that was formed on both previous bottoms of the 1-year Channel Up.
On top of that, it broke and re-tested the Lower Highs trend-line, which again on both previous bottoms, it was a successful buy signal. In addition, the 1D RSI rebounded on the 1-year Support Zone.
We are currently on that exact time within the 4H MA50 (blue trend-line) and 1D MA50 (yellow trend-line). A closing above the latter, should be the final buy confirmation. Our medium-term Target is $29.00 which represents the 1.236 Fibonacci extension, which was where the November 21 2023 Higher High was priced.
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Possible Bear flag patternI'm not a financial advisor, and investing in cryptocurrencies involves risks.
The Bear flag pattern on a chart might indicate a potential downward move, but it's essential to consider various factors.
If the market condition continues to be bullish we might break to the upside.
The bearish target is around 2$
The bullish target is around 8.5$ but might go up high to 12.5$.
I have a spot bag with a good entry here but will open the hedge short once the Bear flag starts to break.
BINANCE:AIUSDT AI/USDT looks similar and I'm in
FET 20x Potential?FET is another crypto asset that has seen a HUGE pump from the bottom of over 1000%. Being it has bounced the hardest it is giving a clear sign that it has users attention.
This is a weekly macro environmental chart to highlight the current condition with the past price action as well as give some potential macro targets.
Currently price has formed a possible reverse head and shoulders with the highest target in the 2000% range. If just looking at the local range a 50% retrace of our current down trend is nearly 50% and 100% to the .786.
Being this is an expected mover higher targets for the reverse head and shoulders or the measured move may be in order.
Validation of a larger move up would be a clear brake of our current down trend preferably with a retest.
Trade Well......
29/04/24 Weekly outlookLast weeks high: $67244.99
Last weeks low: $62406.59
Midpoint: $64825.79
As Bitcoin continues it's multi-week sideways chop , there really isn't a great deal to talk about in terms of price action other than it's extremely boring and potentially dangerous. I say dangerous because it's this kind of chop that separates the impatient and the patient. Trading price action like this especially using leverage is bound to end poorly as both long and short sides get caught up in a serious of stop hunts. The only trades that could be made are the extremes of the range that are set.
There is some hope however, the HONG KONG ETF's for BTC Ð go live from tomorrow (30th April) . This could bring in-flows that have been missing in recent weeks as BlackRock and co. have dramatically lowered their in-flows and Greyscale continues to dump. Perhaps this new demand can absorb some of the Greyscale outflows? Or maybe it will be a non-event? We will keep a close eye on this throughout the week. There are also rumours that Australia will join the ETF movement too in the future.
The general Altcoin market is currently in a very oversold condition , having said that the relief bounce does not look to be in sight anytime soon, no point trying to catch a falling knife, if anything focus on DCA'ing (Dollar cost averaging) into strong projects but with a long term outlook. Narratives such as RWA, AI, DePIN etc.
In the short term all eyes are on last weeks low and if it can be reclaimed, if not 58K area is on the cards.
SNAP, YOU'RE NOT UGLY, YOU JUST NEED A FILTERSnapchat
talk about potential to target a very specific audience.
Teens
the AI potential is cool
I'm sure they will be going the reel route
Sell targets in Pink
Buy targets in blue
It seems this stock might have a little downside left, but should start going pretty soon.
somewhere between the blue range could easily trigger a really quick move to $20.
Earnings is the 23rd.
Really good looking chart for trading.
Watch the trends.
Aleph.im $Aleph.im #Aleph.imIMO Aleph.im is currently one of the most slept on projects that has made it through the last bear and still continues to build and has all the right narratives for this cycle. not only is it defi storage but they are also using A.I. and there are rumors of them doing some things in the RWA scene possibly later.
If you look at the mkt. caps of the other file/data storage projects that it competes with you'll see that it is still very cheap IMO.
I think that this can easily do a 10x in this cycle and i find it great for day trades and swing trades. It makes overly dramatic moves often and if you have conviction in your buying as well as the overall thesis it makes buying the FEAR easy and comes with great rewards often.
I've seen this thing do 40-120% gains in a day often and it just keeps paying me. The levels are clean and easy to trade. Even set limit orders for buying and selling and let it make you $ while you sleep and or are at work.
I think that it could easily be back into the 30-40 cents ranges over the next week and if we do get a sell-off in the overall markets ill be watching for new lows to buy myself.
GRT The Graph $Grt #Grt The Graph is a great project that not only survived the bear but also has continued to build during the bear as well as create more real-world partnerships and use cases.
Just 2 months ago in the start of March it hit $0.50 (50cents) and has since then suffered from a dramatic 60% correction that IMO was somewhat over done but i was grateful for another shot at buying lower to later sell higher. We have already had a nice bounce over the last couple weeks and i gain trimmed my position for profits/gains.
If BTC continues to see some more downward pressure this week we may also see some more downside again and go back and test the lows.
I'm personally already nibbling at this range and will continue to DCA all the way down and create a new larger bag again and take what the market gives me with intentions of selling in the next MAJOR pump we get and or true alts season if and when it comes.
I would be buying like CRAZY if we get enough drama to give us that lower range in the 13-16 cents areas.
In will be buying in a semi aggressive manner if we come back for a retest of this 20cents range, but I'm not quite sure we get that hence why I began nibbling here. Regardless I'm up on the play fir the cycle and can afford to take some risk with it overall.
In the bigger picture i think it's one of the better plays to get into a situation where you end up holding it longer term and or if you wanted to only buy projects that you can set it and forget it. I think they will continue to do well in this cycle as well as make it through the next bear and be fine in the following cycle.
C3.ai: Channel Down bottom buy.C3.ai (AI) is bearish on the 1D technical outlook (RSI = 36.727, MACD = -1.800, ADX = 49.528) but has staged a solid recovery at the bottom of the 1 year Channel Down. This sequence is very much like the October 2023 bottom, which targeted the 0.786 Fib as a LH. Having completed a MACD Bullish Cross, we go long aiming at the top of the Channel Down (TP = 32.50).
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Copper overboughtCopper has been in an uptrend since february 2024.
Price is currently outside Bollinger bands (50 period).
Some of the reasons copper has been rising is near term demand and shortages, some articles pointing out to data center demand for copper for the AI boom.
With Nvidia, intc, amd and other tech stocks showing weakness in last week, my opinion is that it might be a good time to look for shorts in copper, with tight stops.
NOIA continue uptrendLets continue to our journey to $25. It will be a mixed TA/Fundamental analysis
Some words about marketing. When you hire a marketing "superstar" with huge background from traditional markets this doesn't mean results will be good, actually its the opposite, average marketing firm specialized in crypto would do a lot more and with less budget.
After NOIA marketing team was restructured , mistakes considered, strategy changed things went way better.
After retrace to fib -0.18 we saw a strong push to high resistance level of 0.271-0.307 . After we approached this zone there was a strong and most important concentrated attack by KOL's on twitter and we have eaten this zone easily. Well done marketing team!
Also i am happy with the work of our Market Maker. They "painting" the chart respecting all resistance/demand zones, drawing flags and other patterns as from classical TA book!
Marketing team, professional designer work, MM effort, fundamentals delivery all is working together ass "Swiss watch" mechanism! And all this aligned with ongoing bull run in crypto space.
Next resistance zone is starting from 0.51 ( hi oldies ;) ) and goes to 0.55
Sleepless (AI)Sleepless (AI) is an emerging cryptocurrency that positions itself within the rapidly growing sector of AI-driven blockchain projects. The coin aims to harness the power of artificial intelligence to optimize transaction security and efficiency, potentially revolutionizing how smart contracts are created and executed.
Currently, the price of Sleepless (AI) stands at $0.90 with a 24-hour trading volume of $50 million. The AI token has experienced a surge of 50% in its price over the last 24 hours, indicating strong market enthusiasm and a robust entry into the market.
Given the innovative integration of AI technology and the current bullish sentiment, the next price targets for Sleepless (AI) could reasonably be set at $1.60, $1.8, and $2. Traders might consider entering a position now to capitalize on the momentum. This trading idea leverages the current hype around AI technologies and the solid performance of the AI token in its initial trading phase.
NVDA - the way it's meant to be played™Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NVDA has been overall bullish from a long-term perspective, trading above the blue trendline which is acting as a non-horizontal support.
After breaking below the last low marked in red, NVDA has been in a correction phase from a medium-term perspective.
Moreover, the green zone around $650 is a strong demand zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and blue trendline.
📚 As per my trading style:
As #NVDA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GPT/USDTBYBIT:GPTUSDT.P
his idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
AGIX/USDT Just Hold...BINANCE:AGIXUSDT
This idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
We Like The StockBullish on ANET for a pre-earnings run up. Breakout level = 297 . I am buying any dip over the next day or so in the 284-287 range (buy zone). If it breaks above 297 I'll chase.
*Initial target range = 306-313 by 4/19
**Goal Target = 335 by 4/26
- Stop Loss = sustained break below 285, if this occurs it will form a "spring" in its re-accumulation phase in the 270s before breaking out end of Apr. rather than in the coming week.
Looking short right away for a swing on AI!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
FET - Flag pattern - Waiting on Breakout - Daily ChartBINANCE:FETUSDT (1D CHART) Technical Analysis Update
FET is currently trading at $2.6813 and showing overall bullish sentiment
FET has formed a nice flag pattern and the price is waiting for breakout. IF the price breaks out then we have a good opportunity for long trade
Entry level: $ 3.01
Stop Loss Level: $ 2.04
TakeProfit 1: $ 3.73
TakeProfit 2: $ 4.4
TakeProfit 3: $ 5.7
TakeProfit 4: $ 6.8
TakeProfit 5: $ 8.6
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto