GALA - Has potential - Buy in SpotBINANCE:GALAUSDT (1W CHART) Technical Analysis Update
GALA is currently trading at $0.02823 and price is retracing after breaking out from the resistance line, since the price had significant retracement, i'm expecting this support line to hold and bounce back from it. This gives a good opportunity for long trade,
You can either buy in spot market or in future with low leverage (minimise your risks)
Entry level: $ 0.02435 - 0.02817
Stop Loss Level: $ 0.01399
TakeProfit 1: $ 0.03599
TakeProfit 2: $ 0.04789
TakeProfit 3: $ 0.06562
TakeProfit 4: $ 0.13133
TakeProfit 5: $ 0.28521
Max Leverage: 2x or Spot
Position Size: 1% of capital
Remember to set your stop loss.
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GreenCrypto
Buy-signal
ONE - Looking like a moon trade #ONE/USDT #Analysis
Description
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+ The price has reached the broadening wedge pattern and is currently trading within the support zone.
+ I anticipate this support holding and the price rebounding from this zone. (However, if this support fails, our trade is invalidated.)
+ I'm initiating a short position at this point and will consider adding more once the rebound is confirmed.
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VectorAlgo Trade Details
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Entry Price: 0.01983
Stop Loss: 0.01595
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Target 1: 0.02251
Target 2: 0.02560
Target 3: 0.03124
Target 4: 0.03931
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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VectorAlgo
Buy signal for Lido #LDOLido #LDO has produced a buy signal on the daily chart. The “doji” candle marks the signal, and the shadow of the candle is the point from which the stoploss will be placed.
The buy signal, if effective, will face a resistance (dashed black line) that if overcome will take the price even higher.
Technical Analysis: EURUSD potential Double Bottom EURUSD is looking quite bearish right now. Many of our Indicators are showing signs the price may continue to drop for a few days.
Our Sell Momentum has yet to end and our Momentum and Fear & Greed Index oscillators are only showing Bearish sell pressure on this current bar. This means that the price could pull back out of this dump and continue upwards; only time will tell. However, it’s not looking good in the short term.
EURUSD’s overall trend is downwards and it looks like it may test its current bottom quite soon. This could be a great thing for bullish price movement if it only touches the bottom pivot and doesn’t crash through; as it would signify a double bottom.
We will conclude with, EURUSD is looking quite bearish in the short term with strong bullish potential if the double bottom occurs.
CHZ - Bullish on Weekly Chart#CHZ/USDT #Analysis
Description
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+ Looking at the weekly chart, CHZ is displaying a distinct breakout from the channel, indicating an overall bullish signal.
+ Examining the higher timeframe reinforces this bullish sentiment.
+ On the lower timeframe, we might anticipate a price pullback, presenting a favorable opportunity to improve our entry price through averaging.
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VectorAlgo Trade Details
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Entry Price: 0.12756
Stop Loss: 0.04482
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Target 1: 0.16175
Target 2: 0.24233
Target 3: 0.35612
Target 4: 0.46627
Target 5: 0.90295
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
GOLD - Bearish Correction Incoming!Gold / XAUUSD has potential for a small bullish pump over the next few days; followed by a bearish correction.
We have some Buy Signal Momentum currently going; it hasn't ended yet but this current bar is displaying it; this implies now is still considered to be a good time to buy but may not be tomorrow! The buy rating started at 1☆ and is closing at a 2☆; this may imply a push back to the $2474 region.
Gold has consolidated for quite awhile meaning that it's RSI has had some time to cool down and is now relatively neutral at 55; however our YinYang RSI is still saying quite overvalued and that a dump is underway.
Conclusion: A small pump may occur over the next few days; however we don't think this is long term. We believe Gold may get rejected ~2474 and continue in a downtrend towards the 2190 region.
GRT/USDT - Descending Triangle Pattern - LONG TradeBINANCE:GRTUSDT (4H CHART) Technical Analysis Update
GRT is currently trading at $0.3942 and showing overall bullish sentiment.
Currently the price has formed a nice descending triangle. Price has successfully broken out from the descending triangle and now the price is retesting. This is a good opportunity for a long trade with decent RR.
Entry level: $ 0.3972 (after retracement)
Stop Loss Level: $ 0.3491
TakeProfit 1: $ 0.4211
TakeProfit 2: $ 0.451
TakeProfit 3: $ 0.4959
Max Leverage: 5-10x
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto
INVZ Innoviz Technologies Buy OpportunityI believe this could be a Premium idea, but let's wait and see how it unfolds:
In March, INVZ saw some unusual out-of-the-money calls valued at over $1 million with a $2.5 strike price, expiring on April 19th.
Upon reviewing the chart, it resembles a double bottom pattern, suggesting a potential price target of $2.85 if a reversal occurs.
Recently, OUST, a rival company, announced record revenue for the fourth quarter and its stock price doubled. Similarly, INVZ reported record revenue and has a partnership with the industry giant Mobileye.
OUST's results underscore the importance of Lidar companies expanding beyond the automotive market.
Lidar technology can serve various purposes, such as enabling cars to navigate highways for adaptive cruise control or assisting humanoid robots in performing basic tasks with AI.
Some of the robots seen at Nvidia's recent event had eyes provided by Ouster lidar, according to Ouster.
Considering these factors, I speculate that the $2.5 calls on INVZ may be linked to a significant upcoming catalyst, possibly even a buyout.
DOGEUSDT - Confirmed Breakout - Enter on RetraceBINANCE:DOGEUSDT (4H CHART) Technical Analysis Update
DOGE is currently trading at $0.08319 and showing overall bullish sentiment after the breakout from the descending triangle pattern.
We are expecting the price to retrace back to the support line and once it hits the support we can enter the long position.
Entry level: $ 0.08091 - 0.08316
Stop loss level: $ 0.07473
Target 1: $ 0.08599
Target 2: $ 0.08958
Target 3: $ 0.9814
Target 4: $ 0.10733
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
SEI - A Technical Analysis - New High is Breakout or Fakeout ? BINANCE:SEIUSDT (1D CHART) Technical Analysis Update
SEI is currently trading at $0.9030 and showing overall bullish sentiment
We are seeing confirmed breakout from the resistance zone. Currently price is heading back to its support level (Previous resistance level), we can expect the price to bounce back after hitting the support level.
Enter 50% of the position now and rest after the pull back.
Entry level: $ 0.8468 - 0.9034
Stop loss level: $ 0.6529
Target 1: $ 0.9982
Target 2: $ 1.1195
Target 3: $ 1.4870
Target 4: $ 1.9038
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
Litecoin (LTCUSDT) Market MomentumLitecoin (LTCUSDT) has been a steady force, treading above the 61.8% Fibonacci support area since late September 2023, creating a stronghold of demand around the $64 level. The recent resurgence sees LTCUSDT reclaiming its position above the long-term uptrend trendline, signaling the potential validation of a mid-term uptrend.
In today's analysis, a compelling chapter unfolds as we witness a potential clean bounce off the short-term uptrend trendline—a support pillar that currently cradles Litecoin's price. Notably, the $69 zone emerges as an attractive buying opportunity, boasting a risk-to-reward trade setup that promises solidity and potential gains.
The journey ahead for LTC holds promise. The $69 zone, with its strategic positioning and enticing risk profile, beckons as a gateway to potential market opportunities. As the gears of Litecoin's market dynamics click into place, our sights are set on the $87 resistance area, where the next chapter of LTC's upward trajectory may unfold.
FIL - Next Target is 28$ ( +225% Profit Opportunity)#FIL/USDT #Analysis
Description
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+ As depicted in the chart, FIL has developed a well-defined saucer pattern and has effectively surpassed the resistance level.
+ This unmistakably signals the imminent bullish phase for FIL.
+ I intend to enter a LONG trade at the current price, allocating 0.2% of the capital. The profit potential appears substantial from my analysis.
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VectorAlgo Trade Details
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Entry Price:
Stop Loss:
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Target 1: 9.16
Target 2: 9.8
Target 3: 11.11
Target 4: 13.52
Target 5: 16.24
Target 6: 20.34
Target 7: 28.22
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
LTCBTC Potential ReversalLitecoin has maintained a persistent downward trend against Bitcoin, but today's observation brings a potential turning point into focus. A discernible rebound has occurred, precisely off the 441.4% Fibonacci support level, hinting at the potential conclusion of the decline.
To solidify this potential reversal, it's imperative to monitor the daily close, ensuring it remains above the 0.001341 support. Should this condition be met, LTCBTC could be preparing for an upward surge toward the 61.8% Fibonacci resistance. Notably, this level aligns with a previously established supply/demand zone, adding an extra layer of significance to the potential reversal scenario.
BINANCE:COTIUSDT - Perfect entry for long trade---------------------------------------------------------------
Description
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+ COTIUSDT broke out of the triangle and forming a new higher high and has a potential to reach next resistance
+ LONG trade entry can be done now or we can wait for the correction.
+ Stoploss long compared to our other trade but its need to prevent any SL hits due to wicks
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VectorAlgo Trade Details
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Entry Price: 0.06381
Stop Loss: 0.05851
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Targets 1:0.06654
Targets 2:0.06962
Targets 3: 0.07846
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
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Regards
VectorAlgo
AVAXUSDT - Ascending Triangle, waiting to breakout#AVAXUSDT (4H CHART) Technical Analysis Update
AVAXUSDT is forming ascending triangle pattern and it's waiting to breakout the ascending triangle.
If the price momentum continues in the similar manner, we can expect the breakout in next 2-3 days.
We have a strong resistance at 37$ level.
Long Entry level: $ 37.88
Stop loss: below $ 34.75
Target 1: $ 40
Target 2: $ 43.3
Target 3: $ 46.8
Target 4: $ 50
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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VOD Vodafone Group at 2010 Price Level | Potential Breakout SoonLast week, Microsoft (MSFT) initiated a 10-year strategic partnership with Vodafone (VOD) aimed at leveraging their respective strengths to create new digital and financial services tailored for businesses, particularly small and medium-sized enterprises (SMEs) across Europe and Africa.
The collaboration involves the utilization of Microsoft's generative artificial intelligence (AI) to enhance Vodafone's customer experience, with the goal of delivering a more personalized and differentiated service through various channels.
The partnership seeks to expand and improve Vodafone's managed Internet of Things (IoT) connectivity platform, aiming to scale up the telecommunication company's IoT platform by connecting more devices, vehicles, and machines.
In recent news concerning VOD, Deputy Prime Minister Oliver Dowden intervened following the involvement of e&, the UAE’s state-controlled telecoms provider (Etisalat), which became Vodafone’s largest shareholder last year by acquiring a 14.6% stake.
As part of Etisalat's arrangement with Vodafone, CEO Hatem Dowidar was granted a seat on the board, with the option to nominate a second non-executive director if the stake increases beyond 20%. This suggests the possibility of Etisalat increasing its ownership in VOD from 14.6% to 20%.
In summary, it appears that Etisalat is inclined to boost its ownership in VOD from 14.6% to 20%.
As a result, my price target for VOD is $15.
XRPUSDT at least 20% UpsurgeXRPUSDT appears poised for a potential jump, evident in its adherence to the uptrend trendline and critical demand zone near $0.56. The recent decisive bounce off the 78.6% Fibonacci support amplifies the probability of a rapid upside swing.
Our trade signal suggests a swift movement towards the $0.73 resistance area, supported by a double Fibonacci level. Should this scenario unfold, Ripple might witness a minimum 20% price increase.
MDT just started pumping------------------------------------------------------------------------------------------
Summary
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MDT just broke out from its resistance and showing a strong bullish view
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Signal
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VectorAlgo Trade Details
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Entry Price: 0.0688
Stop Loss: 0.05742
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Targets 1: 0.0760
Targets 2: 0.090
Targets 3: 0.120
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Timeframe: 1 day
Capital: 1-2%
Leverage: 5x
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Note: High risk with the high reward trade. StopLoss is must for this trade.
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Agree or Disagree with the ideas ? lets discuss in the comments.
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Exciting Potential for WLDBTC! Demand Zone Formation: WLDBTC has formed a robust demand zone around 4653 sats, signaling a powerful support level.
Wedge Pattern Breakout: Recent price action confirms a wedge pattern breakout, and now, a significant corrective move down is taking place.
A Buyer's Paradise: This price correction presents an enticing opportunity for buyers. The risk/reward ratio is remarkably favorable.
Anticipated Upside: Our expectation is that the price will initiate an upward trajectory from its current level. Two significant upside targets are identified:
78.6% Fibonacci Resistance: Here, we may consider securing partial profits.
8113 Sats Level: If the first barrier is surmounted, the next destination is the 8113 sats level, offering the potential for a remarkable 73% growth against Bitcoin.
Detailed Trade Setups: For comprehensive trade setups on WLDBTC and WLDBTC, please visit our channel. We're quite excited about this particular opportunity.
DOGE Dogecoin Potential ReversalIf you haven`t sold DOGE here:
Now looks like Doge (Dogecoin) is showing a potential double bottom pattern, which is considered a bullish reversal pattern in technical analysis. This pattern suggests that the price of Doge may have found support at a certain level and could potentially see an upward movement.
Based on this analysis, your price target for Doge is set at $0.088.
Looking forward to read your opinion about it!
Trading MKRUSDT with Elliott: The Flip from Supply to Demand⚪ As we analyze MKRUSDT's price action, a critical development emerges. The breach of a significant supply zone from August 2022 piques our interest.
⚪ What's even more intriguing is the transformation of this zone into a potential demand area, halting the current pullback.
⚪ This presents an attractive buying opportunity for traders and investors. Moreover, according to the Elliott Wave theory, #Maker may be in the midst of its 3rd upward wave, with our target set around $1895 (a 427.2% Fibonacci resistance).
⚪ Our strategy revolves around waiting for another higher high on the daily chart before pursuing a strong buying opportunity, which we'll promptly share in our channel.
ACCD Accolade Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ACCD Accolade prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $1.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.