$AXL looks like it is ready to go long!NYSE:AXL is breaking out this falling wedge pattern, and RSI is also showing bullish divergence.
Entry Point: Start accumulating once the price exceeds $0.97.
Targets:
Midterm Goal: 60% increase
Long Term Goal: 170% increase
Trading Options: AXL is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.78.
About NYSE:AXL
Axelar aims to provide secure cross-chain communication for Web3. This project offers a decentralized network and a suite of tools to assist developers of decentralized applications (dApps) in achieving seamless cross-chain interactions via its protocols, tools, and APIs.
DYOR, NFA
#Crypto #altcoin
Buyopportunity
$PIXEL broke out this falling wedge pattern!NGM:PIXEL broke out this falling wedge pattern and currently retesting it.
Entry: accumulate above $0.39
Target: Midterm target 50%
long term target 200%
This coin is available in both spot and futures.
You can buy it on the spot, or if you want to long it on futures, you can do so with a stop-loss at $0.35.
ABOUT NGM:PIXEL
Pixels is a social casual web3 game on the Ronin Network, featuring an engaging open-world experience centered on farming, exploration, and creation.
DYOR, NAF
#Crypto #ALTCOIN
#VANRY has the potential to go 5x!🚀About Vanar Chain
Welcome to the world of VANAR Chain, a cutting-edge blockchain ecosystem where efficiency, speed, and security converge. At the heart of this revolutionary platform is VANRY, our native gas token, designed to fuel transactions and smart contract operations within the VANAR Chain.
Our strategy is to accumulate the coin on every dip. This means that when the price experiences a temporary decrease or correction, we take advantage of the lower prices to increase our position in the coin. This approach is based on the belief that the overall trend of the coin is positive and that buying during dips could lead to potential profits when the price rises again.
We highlight the relatively mid-cap market capitalization of $279 million for #VANRY, which could be seen as an opportunity for growth, especially in challenging market conditions. Smaller and mid-cap market caps have the potential for higher volatility and greater price movements.
The accumulation zone for VANRY is above $0.196.
#DYOR
330 % PROFIT. I analyzed Triangle Pattern on (19-01-2021).I have identified and Analyzed a "Triangle Pattern" on 19-01-2021, at that Time the Price was 45 rupees. Now SUCESSFULLY Breakout Triangle Pattern and Reach the Triangle Target. Overall PROFIT 330 % within 3 years. So the Pattern is most Crucial in stock market.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
Refer this image : charts.fyers.in
Stock at multiyear supportstock is at multiyear strong support along with 200 ema support on weekly Time frame suggesting strong buy. Also on daily Timeframe market structure is heigher high and lower highs
if breaks above Trendline then entry
Disclaimer : I am not a sebi registered all the analysis is for educational purpose only please consult your financial advisor before taking any entry, or investment
DGI Game at Potential Buy Point $0.015DGI Game (DGIUSDT) is currently trading at $0.17, which appears to be a good entry point for potential traders and investors. This price point coincides with the support level seen in February 2024.
Historically, a drop to this level has been followed by a bullish rally that pushed DGIUSDT to its all-time high of $0.081.
S&P500 - Clues to BUYThe S&P 500 is my favorite market to trade however my strategy struggles when price enters All Time Highs by design. I tend to try and hold positions into ATH's and beyond but this recent uptrend has proven too aggressive for my entries (See attached ideas). Last weeks close is a very subtle clue about institutional intention to buy this market.
My intuition says S&P500 is likely to move higher and start the price exploratory process between 5600 - 5350. This is a common process pattern through the summer months observed historically (institutional investors allocate before leaving for summer vacation maybe?) Unfortunately, it also means any trades for me have reduced odds until price clearly defines levels that provide my strategy an edge.
As price explores above, I'll be mindful of quick tests of support. I personally would not be comfortable with any swing long entries above 5290, which seems unlikely. From a day trade perspective, 5325 should provided good support and I doubt price trades below it for very long. Time/Price analysis indicates 5600 is a good level to watch for exhaustion of this push. 5185 and 5510 could offer some setups. Daily closes below 5300 invalidates this idea.
Any trades related to this idea in the weeks to come will be posted below. Likes and Follows are appreciated
#ONDO BREAKOUT THIS BULLISH PENNANT PATTERN!#ONDO Breakout this bullish pennant pattern and currently retesting the support, and then we can expect a potential rally. Technically, as per the pattern, we can expect almost a 150% rally.
Entry: CMP and add more up to $0.848
SL: $0.77
DYOR, NFA
#Crypto LSE:ONDO
#MYRO MIDTERM TRADE SETUP!#MYRO Breakout this ascending triangle pattern, and currently it is coming to retest it.
If it successfully retests this pattern, then we can expect a potential rally.
Technically, as per the pattern, we can expect almost a 60% bounce.
Entry: CMP and add more up to $0.203
SL: $0.191
Leverage: 2X to 5X
DYOR, NFA
#BLUR Breakout this Falling Wedge Pattern! #BLUR Alert: Bullish Rally Ahead! 🚀
We've confirmed a Falling Wedge Upside Breakout/Retest on the daily timeframe chart. 📈
Plus, the RSI is showing a strong bullish divergence. 🔥
Get ready for an explosive 80%+ bullish rally in the coming days! 💥
#Crypto SEED_DONKEYDAN_MARKET_CAP:BLUR
BLOCK (SQ): Major Buy Zones Identified Amid Potential Upswing!BLOCK (formerly Square) has experienced a significant sell-off since its all-time high of $290 in July 2021, dropping to a low of $37. This marked the completion of Wave 2 in its price cycle. Currently, we are observing two critical zones:
Must-Buy Zone : Between $33 and $51. Historically, the price has spent minimal but crucial time in this range, indicating strong market movement always follows a dip into this zone.
Okay-Buy Zone : Between $51 and $87. This broader range also saw significant accumulation periods, specifically from May 2018 to March 2020, and again from May 2022 to the present.
BLOCK's price dipped to the Must-Buy Zone recently but quickly reclaimed higher levels, suggesting a potential upswing. Additionally, a clear bullish divergence on the RSI (3-day chart) indicates a possible new momentum phase.
Potential Scenarios:
Retest and Reclaim : On the 12-hour chart, a retest of the high-volume nodes and Points of Control (POC) on the daily and 3-day charts might occur. If BLOCK retests these levels successfully, it could signify a sustained upward movement.
Dip and Buy Opportunity : Should the price fall below these POCs, another dip into the Must-Buy Zone could present an excellent long-term buying opportunity, especially if the RSI indicates oversold conditions aligning with these price points.
Given the bullish divergence on the RSI and historical support levels, there is a strong case for a potential upward movement. However, the risk of a further dip remains, making it crucial to monitor these levels closely for a strategic entry point.
Expecting Some Strength In The US DollarBased on the chart, here are the reasons why I would consider buying the dollar index:
Uptrend Resumption: The dollar index has been in a steady uptrend since the beginning of the year, and after a brief correction, it appears to be resuming its upward trend. Buying into this momentum could be a profitable strategy.
Support Held: The index has bounced off a significant support level, indicating that buyers are stepping in to defend this level. This could be a sign of strength and a potential buying opportunity.
Bullish Reversal Pattern: The recent price action resembles a bullish reversal pattern, such as a candlestick rejection, which could be a sign of a trend reversal to the upside.
Fundamentals Align: The dollar is often seen as a safe-haven currency, and with global economic uncertainty on the rise, investors may be seeking refuge in the US dollar, driving its value higher.
Major Level Holds: The index has held above a major psychological level (104), which could be a sign of strength and a potential launching point for a further rally.
These are just some of the reasons why I would consider buying the dollar index. However, it's essential to conduct thorough analysis, consider multiple perspectives, and manage risk before making any trading decisions.
Bitcoin Next Target is Channel TopBitcoin is currently in an Up Trend Continuation after a 0.5 Fibonacci Retracement. The Next Target is Channel Top.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money Worldwide because of my Potential.
#QTK, THE BACKTESTING PLATFORM COIN, COULD SURGE 20-30X!QuantCheck (QTK) is a platform designed to enhance cryptocurrency trading strategies by providing users with the ability to simulate past market conditions. It's akin to a tool that allows traders to test their strategies as if they were using a time machine. With a limited supply of just 120.75 million tokens, there's substantial potential for growth. Having utilized the platform myself, I find it immensely beneficial.
The recent launch of the QTK token has sparked my interest, and I see parallels between its potential and that of AITECH. I've made a significant investment in QTK, motivated by both its effective product and promising tokenomics.
As of now, QTK is trading at around $0.65, with an accumulation zone estimated between $0.70 and $0.64. In the short term, over the next 4 to 8 weeks, I anticipate a price target ranging from $2 to $5. Looking ahead to the mid-term, spanning 3 to 6 months, I foresee potential targets of $5 to $12. In the long term, I believe QTK could reach heights of $20 to $30.
I'm optimistic about the future of QTK, considering both its technical aspects and fundamental strengths. Feel free to share your thoughts and analysis in the comments.
DYOR,NFA
#FET MIDTERM TRADE SETUP!Trading Pair: FET/USDT
Trade Type: Midterm
Current coin Status: Breakout this symmetrical triange pattern
Entry Point: The current market price (CMP)
Profit Targets: The profit targets for this trade are between 40% to 60%.
Stop Loss: $2.186
Recommended Leverage: A leverage of 5X is recommended.
Estimated Profit: The estimated profit for this trade is around 60%.
#Crypto
Cup Pattern Formed, wait confirmationNow Cup Pattern formed and wait for the Breakout. Because Breakout is the only confirmation to achieved Cub Target. In stock market commonly formed Cup & handle Pattern.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
Downtrend Breakout, So Uptrend Confirmation. Long Term AnalysisThis is Long -Term Analysis to understand the "Upcoming" Market Direction. Now Confirmed the Downtrend has Breakout. So market definitely move into Uptrend. It might temporarily move downside as a Retest of the Trendline. Must follow Trend continuation technic.
I marked 0.5 Fibonacci Retracement. It is Next Target for Short Term Traders.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential.