XrpUsd - Please trade this triangle!BITSTAMP:XRPUSD is again rejecting the triangle formation - time for a bullish breakout!
Just one month ago, I told you that XrpUsd is preparing a bullish rejection and a triangle breakout followed by an insane bull-market. So far this is playing out exactly as predicted and XrpUsd is outperforming 95% of all other cryptocurrencies. Please just listen to me and take a look at the triangle pattern. If it breaks then we can see a similar rally as we saw back in 2013.
Levels to watch: $1.00
Keep your long term vision,
Philip - BasicTrading
Cryptoanalysis
#MEME On the Edge of a Major Breakout From the Falling WedgeYello! Are you ready to catch the next big move of the #Memecoin? Let's look at the latest analysis of the #MEME and see what's happening:
💎 AMEX:MEME is currently showing strong signs of a bullish continuation from a critical support zone at $0.0098. We've been keeping a close watch on #Memecoin as it moves within a falling wedge pattern, and now it looks like it's gearing up for a potential breakout above the descending resistance line. The internal resistance at $0.016 is the next target on the radar for #MEME.
💎If #MEMEUSDT holds steady at this level, we could be on the brink of a significant bullish rally, much like we've seen in previous trends. A breakout above the key resistance at $0.016 could pave the way for a run towards the next resistance zones, and possibly beyond.
💎But remember, caution is key. If the momentum weakens at this crucial support, we might see a pullback to the lower support area around $0.0080-$0.0088.
💎Stay alert and closely monitor the AMEX:MEME price action. A daily close below this demand area could invalidate the bullish setup and lead to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
AUCTIONUSDT: Will This Breakout Lead to a Major Rally or a Fall?Yello, Paradisers! Are you ready for what's coming next with #AUCTION? We've been keeping a sharp eye on #AUCTIONUSDT, and things are heating up:
💎The recent breakout of #AUCTION above the descending resistance, now turned support at $20.91, is setting the stage for a potentially explosive move.
💎The symmetrical triangle pattern has finally given us the breakout we’ve been waiting for, and the next big target to watch is the key resistance level at $31.21. If #BounceToken can maintain its momentum here, we might be on the brink of a powerful bullish rally, echoing previous surges.
💎But there's a crucial twist—if the momentum fizzles out at $31.21, we could see a pullback. In that case, keep your eyes on the lower demand zone around $11.90 for a possible bullish rebound. This is a critical juncture, Paradisers, and staying alert is non-negotiable.
💎Be extra vigilant around the demand area at $8.80. A daily close below this level could shatter the bullish outlook and pave the way for deeper declines.
Stay focused, patient, and disciplined, Paradisers!!
MyCryptoParadise
iFeel the success🌴
Trade Setup: NEAR Long PositionMarket Context:
NEAR is consolidating at support, offering a potential opportunity for a long trade if the support level holds.
Trade Setup:
Entry: Long spot trade at around $3.85.
Take Profit:
First target: Top of the range support at $4.45
Second target: $5.35 - $5.90
Third target: $6.50 - $7.00
Stop Loss: Just below $3.50.
📊 Manage risk carefully, and monitor price action for confirmation of support holding. #NEAR #CryptoTrading #TradeSetup 🎯
#KSMUSDT on The Edge of Breakout From Falling Wedge | Watch OutYello, Paradisers! Could #Kusama be on the brink of a major breakout? Let's take a look at the latest analysis of the #KSMUSDT:
💎#KSM is currently hinting at a bullish continuation from a critical support zone at $16.38. We’ve been watching #Kusama closely as it follows a falling wedge pattern, and now it's gearing up to break above the descending resistance line. Internal resistance at $26.55 is the next target for $KSM.
💎If #KSMUSDT holds strong at this level, we could be on the verge of a significant bullish rally, echoing previous trends. A breakout above the key resistance at $26.55 might set the stage for a run toward the next resistance zones and beyond.
💎However, caution is essential. If the momentum falters at this critical support, we might witness a rebound from the lower support area around $13.55–$14.76.
💎Stay sharp and keep a close eye on #KSM price action. A daily close below the demand area could invalidate the bullish scenario and open the door to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
FLOKI On the Edge of a Major Breakout | Key Levels to WatchYello, Paradisers! Is #FLOKIUSDT about to unleash a bullish rally? Let's look at the latest analysis of #Floki and see what's the probability of a breakout:
💎 SEED_DONKEYDAN_MARKET_CAP:FLOKI is currently showing signs of a bullish continuation from a critical support zone at $0.000125. We've been tracking #FLOKIUSDT as it navigates a Descending Broadening Wedge pattern, and now it's attempting to break above the descending resistance line.
💎If #FLOKI holds strong at this level, we could be on the brink of a significant bullish rally, mirroring previous trends. A breakout above the key resistance zone at $0.000126-$0.000137 could pave the way for a run toward the next resistance levels and beyond.
💎However, caution is crucial. If momentum weakens at this critical support, we might see a rebound from the lower demand area around $0.000096.
💎A daily close below the demand area could invalidate the bullish scenario and signal further declines.
Stay vigilant, Paradisers, and keep a close eye on FLOKI's price action.
MyCryptoParadise
iFeel the success🌴
#LTOUSDT in a Perfect Setup to Rally From the Key Support Yello, Paradisers! Have you been tracking the recent breakout on #LTONetwork? If not, it's time to pay attention.
💎 GETTEX:LTO has recently broken out of a descending resistance, hinting at a potential upward trend. The key level to watch right now is the $0.091 support zone, where bullish momentum is starting to build. If this support holds, we could see a strong push towards the next resistance levels.
💎Should #LTO maintain its upward momentum, we’re eyeing potential targets above current levels. The 20EMA is reinforcing this bullish outlook, so keeping a close watch on those price levels is crucial.
💎But as always, we prepare for all scenarios. If #LTOUSDT fails to hold the $0.091 support and breaks below, we might see a pullback to the lower bullish Order Block (OB) level. However, a drop below the $0.078-$0.083 range could trigger a bearish trend, potentially leading to a significant price decline.
The coming days could define its next major move—whether it's a surge toward new highs or a correction to lower levels. Remember, in trading, discipline is key. Stay focused and be prepared to act!
MyCryptoParadise
iFeel the success🌴
Is #ZROUSDT Poised for a Breakout or a Breakdown? Let's SeeYello, Paradisers! Is #ZROUSDT about to explode, or are we looking at a potential dip? Let's look at the latest analysis of #LayerZero:
💎#ZRO is currently nestled within a key demand zone around $2.94, showing signs of a potential breakout. As it hugs the descending resistance, we're approaching a critical juncture that could trigger significant bullish momentum.
💎If CSE:ZRO breaks above this channel resistance, we might see a powerful surge upward. However, caution is warranted—if momentum stalls and the price fails to hold this support, a bullish rebound could occur from the lower support around $2.75. This level is likely to offer a push due to the high liquidity in this area.
💎But keep your eyes on the next level, if this support also fails, the price could find a bullish breakout from the lower demand zone at $2.46 and move to breakout of this setup.
💎On the flip side, if the price breaks below this level, the bullish setup could be invalidated, leading to a significant drop.
Stay focused, patient, and disciplined Paradisers!
MyCryptoParadise
iFeel the success🌴
Is #HOOK on the Edge of a Major Breakout or a Breakdown?Yello, Paradisers! Are you ready to capitalize on the next big move with #HOOK? We’ve got our eyes on a potential game-changer!
💎#HookedProtocol ( NASDAQ:HOOK ) is currently navigating a descending channel, but things are heating up as it approaches a crucial demand zone at $0.405. This level could be the catalyst for a significant bullish breakout.
💎If the price finds support here and gathers momentum, we could see #HOOKUSDT soaring towards the key supply area at $0.73. Now, this is the critical part: a successful breakout above the descending resistance could pave the way for a strong bullish run, with the next target being the major resistance zone.
💎But let’s not get ahead of ourselves—if momentum falters and #HOOK gets rejected at the supply area, we might witness a pullback. Watch closely for a potential bullish rebound from the strong support between $0.31-$0.34.
💎However, caution is key. If #HOOK slips below this support level, it could spell trouble, trapping the price within the descending channel and possibly signaling a prolonged bearish trend.
Stay Focused, Patient, and disciplined Paradisers!
MyCryptoParadise
iFeel the success🌴
#BICOUSDT Ready for Bullish Breakout from Descending ChannelYello Paradisers, could #BICO be gearing up for a breakout or further downward movement? Let's look at the latest analysis of #BICOUSDT:
💎#BICO is currently trading within a descending channel, but it’s nearing a key demand zone that could ignite a significant move. We’re eyeing a potential bullish breakout from this pattern.
💎#Biconomy ( OMXSTO:BICO ) has been sticking to a descending resistance line, but the price is inching closer to a crucial demand level at $0.20–$0.22. This zone could be a game-changer. If the price taps into this level and gains momentum, a bullish breakout could be on the horizon.
💎A break above the descending resistance could propel #BICOUSDT toward the major supply area at $0.49. This is a critical zone—if we see a successful breach, expect a strong bullish move targeting the next resistance zone.
💎However, we must stay cautious. If #BICO fails to sustain momentum and gets rejected at the supply area, the price could pull back. A bullish rebound might occur from the lower strong support at $0.178.
💎But be aware—if OMXSTO:BICO drops below this level, it could signal a prolonged bearish trend, keeping the price trapped within the descending channel.
The market can turn quickly, and those who are disciplined will be the ones to capitalize.
MyCryptoParadise
iFeel the success🌴
#CRVUSDT In a Perfect Setup to Rally From the Support ZoneYello Paradisers, ready for a potential #CRV rally from the key support zone? Let's look at the latest analysis of #CRVUSDT and see what's happening:
💎 LSE:CRV is currently hinting at a bullish continuation from a critical support zone at $0.245. We’ve been watching #CurveDAOToken closely as it follows a falling wedge pattern, and now it's broken above the descending resistance line. Internal resistance at $0.408 is the next target for CRV.
💎If #CRVUSDT holds strong at this level, we could be on the verge of a significant bullish rally, echoing previous trends. A breakout above the key resistance at $0.408 might set the stage for a run toward the next resistance zones and beyond.
💎However, caution is essential. If the momentum falters at this critical support, we might witness a rebound from the lower support area around $0.18–$0.20.
💎Stay sharp and keep a close eye on #CRV price action. A daily close below the demand area could invalidate the bullish scenario and open the door to further declines.
Remember, the market rewards those who stay focused and follow their strategy.
MyCryptoParadise
iFeel the success🌴
This Aptos Setup Could Trigger a Massive Move – Are You Ready?Yello! Is #Aptos ( AMEX:APT ) gearing up for a breakout, or are we staring at a looming drop? Let's look at the latest analysis of APTUSDT:
💎The current setup has APT compressed within a classic falling wedge pattern—a well-known bullish reversal signal. But why do we believe a breakout might be imminent? The signs are clear: increasing trading volume and a favorable shift in macro market sentiment.
💎Yet, trading isn't just about expectations—it's about preparation. So, what's our Plan B? If Aptos faces rejection at the upper trend line of the wedge, we could see a retest of the critical support zone around $4.87-$5.31. This level has consistently acted as a safety net, rich in liquidity and offering solid support.
💎But what if APT fails to bounce back from this zone? The next level we’re watching is $4.31. Historically, this has been a stronghold for Aptos, with a high probability of a rebound.
💎However, the stakes are high. If Aptos breaks below these key support levels, we might see the bears seize control, leading to a potential bearish continuation.
Stay focused, patient, disciplined, and always keep your eyes on the prize
MyCryptoParadise
iFeel the success🌴
Is #ONE About to Break Out or Break Down? Key Levels to WatchYello, Paradisers! 🧐 Are you keeping a close eye on #ONE? If not, you might want to start now because #Harmony is reaching a crucial level:
💎 LSE:ONE is trading within a descending channel, but it’s approaching a key demand zone that could trigger a significant move. We are expecting a bullish breakout from the descending channel.
💎#Harmony (#ONE) is currently adhering to a descending resistance pattern. However, the price is inching closer to a critical demand level at $0.010, which could be the game-changer. If the price taps into this level and gains momentum, we might witness a bullish breakout.
💎A break above the descending resistance could push #ONEUSDT toward the major supply area at $0.018. This zone is crucial—if we see a successful breach, expect a strong bullish move targeting the next resistance zone.
💎But let’s not forget the downside risks. If #ONEUSDT fails to sustain momentum and gets rejected at the supply area, the price could pull back. A bullish rebound might occur from the lower strong support at $0.0085.
💎However, if LSE:ONE drops below this level, it could signal a prolonged bearish trend, keeping the price locked within the descending channel.
Stay focused, sharp, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
Is #NMRUSDT Ready for a Major Breakout? Major Zone ReachingYello! Are you prepared for what could be a significant move in the #NMRUSDT? Let's look at the latest analysis and see what will happen:
💎Currently, #Numeraire is compressed within a falling wedge pattern, a classic bullish reversal signal. So, what makes us confident in an upcoming breakout? It's the combination of increasing trading volume and improving macro market sentiment.
💎However, there's always a plan B in trading. If #NMR gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $11-12. This level has consistently provided strong support and is rich with liquidity.
💎Should #NMRUSDT fail to bounce back from the $11-$12 support, our eyes will be on the next critical level at $9.31. Historically, this level has been a stronghold, and the probability of a rebound here is notably higher.
💎But remember, if #NMR breaks below these key support levels, the bears might take control, potentially leading to a bearish continuation.
Strive for consistency, not quick profits.
MyCryptoParadise
iFeel the success🌴
Could This Be the Next Bull Run for #WIFUSDT? Positive SignsYello! Are you ready to catch the next big move of the #dogwifhat? Let's look at the latest analysis of #WIF and see what's happening:
💎#WIF is currently showing promising signs of a bullish continuation from a crucial support zone at $1.36. We've been closely monitoring #WIFUSDT as it has been following a descending channel for quite some time.
💎Recently, it broke above the descending resistance and is now gaining momentum at this key support level. If the price holds strong at this level, there's a high probability of a bullish rally, similar to previous trends.
💎A breakout above the probable resistance at $2.01 could lead to targeting the next resistance zones and beyond.
💎However, if the momentum doesn't hold at the key support, we might see a bullish rebound from the lower demand area around $1.06.
💎It's crucial to stay vigilant and monitor #dogwifhat price movements closely. A daily closure below the demand area could invalidate the bullish outlook and potentially lead to further declines.
Stay vigilant and monitor #dogwifhat price movements closely.
MyCryptoParadise
iFeel the success🌴
Bitcoin and altcoin overview(August 06-07)We are moving according to our scenario for Bitcoin . We have re-entered the zone of extreme volumes $52,000-$50,000 and received a reaction.
Currently, we are slightly above the upper similar zone, but there has not been a full consolidation yet, so at the moment, we can expect a return to lower levels. With full consolidation above, the first target will be $60,000.
Priority remains with longs.
Buying zones below: $52,000-$50,000, $48,000-$47,000 (pushing volumes), $44,000-$41,600 (accumulated volumes).
Closest selling zones: $60,000-$62,000 (accumulated volumes), $64,000-$65,200 (mirror volume zone).
Interesting altcoins
As Bitcoin dominance increased during the dip, the situations for altcoins are very similar.
For the MEW coin, the confirmed buying zone is $0,00425-$0,004. We expect a reaction from it and join the longs.
The identical situation for STMX , considering the long zone $0,00557-$0,00545.
Breakout Alert: #BETAUSDT Has Broken Out of Falling WedgeYello, Paradisers! Are you ready to catch the next potential breakout in #BETA? #BETAUSDT has broken out of the falling wedge and let's where it's going:
💎#BETA is currently showing signs of a probable bullish continuation from a support zone at $0.05028. We've observed #BetFinance following a falling wedge for quite some time. Now it has broken above the descending resistance and is aiming for the internal resistance at $0.062.
💎If MYX:BETA holds strong at this level, there's a high probability of a bullish rally, similar to previous trends. A breakout above the probable resistance at $0.062 could lead to targeting the next resistance zones and beyond.
💎However, if the momentum doesn't hold at the key support, we might see a bullish rebound from the lower demand area around $0.041.
💎It's crucial to stay vigilant and monitor #BETAUSDT price movements closely. A daily closure below the demand area could invalidate the bullish outlook and potentially lead to further declines.
Paradisers, you always need to treat the market as a businessman and not as a gambler.
MyCryptoParadise
iFeel the success🌴
Bitcoin - When will we see the breakout?BITSTAMP:BTCUSD is preparing its most bullish breakout of the entire trading history!
After a couple years of trading experiences, you will simply stop paying attention to your emotions. Looking at the chart of Bitcoin objectively, you can see that everything is still incredibly bullish. Despite the hesitancy at the previous all time high, Bitcoin is also not rejecting it towards the downside. Eventually, we will just see a monstrous bullish breakout.
Levels to watch: $70.000
Keep your long term vision,
Philip - BasicTrading
#ZRXUSDT Ready For a Major Bullish Move After the BreakoutYello, Paradisers! Are you ready for the next big move in #ZRXUSDT? The #ZRX is retesting a crucial demand zone and let's see what happens next:
💎 NEWCONNECT:ZRX is currently showing signs of a probable bullish continuation from a support zone at $0.2893. We've observed #0xProtocol following a descending channel for quite some time. Recently, after breaking above the descending resistance, it's gaining momentum at this key support level.
💎If NEWCONNECT:ZRX holds strong at this level, there's a high probability of a bullish rally, similar to previous trends. A breakout above the probable resistance at $0.407 could lead to targeting the next resistance zones and beyond.
💎However, if the momentum doesn't hold at the key support, we might see a bullish rebound from the lower demand area around $0.227.
💎It's crucial to stay vigilant and monitor #ZRXUSDT price movements closely. A daily closure below the demand area could invalidate the bullish outlook and potentially lead to further declines.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Potential Bullish Reversal for Stader (SD/USDT)#SD/USDT #Analysis
Description
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+ The chart shows a descending channel pattern forming since the peak in end of 2023. The price has respected the upper and lower bounds of this channel multiple times, indicating a strong bearish trend within this range.
+ The price is currently near the lower boundary of the descending channel, around $0.51, which has acted as a significant support level.
+ A breakout above the upper boundary of the channel around $0.93 could signal a potential trend reversal.
+ If the price holds above the $0.50 support level and breaks out of the descending channel, we can expect a potential move towards the $1.15 resistance zone.
+ Further upside could see the price targeting the $2.00 - $2.50 levels
+ The RSI is currently at 40.42, indicating that the asset is nearing the oversold region. A reversal in RSI towards the 50 mark would support a bullish momentum shift.
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VectorAlgo Trade Details
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Entry Price: $0.5109
Stop Loss: $0.37
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Target 1: 0.8259
Target 2: 1.15
Target 3: 2.0
Target 4: 3.0
Target 5: 5.0
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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
Potential Bullish Reversal for WFI (WIF/USDT)#WIF/USDT #Analysis
Description
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+ The chart shows a descending channel pattern forming since the peak in early 2024. The price has respected the upper and lower bounds of this channel multiple times, indicating a strong bearish trend within this range.
+ The price is currently approaching a significant support zone around $1.80, which aligns with the lower boundary of the descending channel.
+ A breakout above the upper boundary of the channel around $2.30 could signal a potential trend reversal.
+ The EMA 100 (blue line) and EMA 55 (light blue line) are currently acting as dynamic resistance levels. A break above these moving averages would add to the bullish sentiment.
+ If the price holds above the $1.80 support level and breaks out of the descending channel, we can expect a potential move towards the $4.00 - $4.50 resistance zone. Further upside could see the price targeting the $6.50 - $7.00 levels, as indicated by the dotted arrow path.
+ The RSI is currently at 37.31, indicating that the asset is in the oversold region. A reversal in RSI towards the 50 mark would support a bullish momentum shift.
+ As long as the price remains above the $1.80 support level, there is a potential for a bullish reversal.
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VectorAlgo Trade Details
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Entry Price: $1.80 with confirmation of suppor
Stop Loss: $1.3
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Target 1: 3.042
Target 2: 4.170
Target 3: 5.0
Target 4: 7.0
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Timeframe:1D (Daily)
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
Potential Bullish Trend for Stacks (STX/USDT)#STX/USDT #Analysis
Description
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+ The chart shows a strong ascending trendline acting as support, originating from the low in mid-2022. This trendline has been respected multiple times, indicating its significance.+
+ The price has broken above the previous resistance zone around $1.90, now acting as a support level.
+ The next major resistance zone is between $3.80 and $4.50, which was previously a strong support zone before the price breakdown in mid-2021.
+ The EMA 100 (blue line) is currently acting as dynamic support, aligning with the ascending trendline and providing additional support to the bullish case.
+ If the price holds above the ascending trendline and the $1.90 support zone, we can expect a retest of the $3.80 - $4.50 resistance zone.
+ A successful breakout above this resistance could see the price targeting the next psychological level around $6.00 and potentially higher to $7.50
+ The RSI is currently at 46.92, which is neutral but showing signs of potential reversal from the oversold region. If the RSI moves above 50, it would support the bullish momentum.
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VectorAlgo Trade Details
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Entry Price: $1.587
Stop Loss: around $1.20
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Target 1: 2.660
Target 2: 4.050
Target 3: 6.00
Target 4: 7.5
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
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
ZIG/USDT: Potential Bullish Reversal After Key Support Retest#ZIG/USDT #Analysis
Description
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+ ZIG/USDT is currently testing a critical support zone around $0.115 after a strong bullish rally.
+ The 100-day EMA is acting as dynamic support, suggesting a potential bullish reversal if this level holds.
+ RSI is around 43, indicating a neutral stance with the possibility of an oversold bounce, leading to higher targets.
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VectorAlgo Trade Details
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Entry Price: Around $0.115 on support confirmation or above $0.145 on a breakout
Stop Loss: below $0.09
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Target 1: $0.145
Target 2: $0.21
Target 3: $0.24
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Timeframe: 1D (Daily)
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
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