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Entrypoint

LTC Bullish Trend - Possible 295 USDTSince March 31st, Litecoin has had a reoccurring sequence of an ascending broadening wedge (bearish), followed by a downtrend to support level, then succeeded by a sideways channel between support and resistance levels which plays out for 2-4 days. This sequence has appeared 2 times since March 31st and is forming again with current price levels. Currently, the price is forming the sideways pattern after breaking down from the ascending broadening wedge back down to support. Therefore, for the next couple of days, Litecoin can be expected to fluctuate in a sideways manner between 245USDT (support) and 260USDT (resistance). If it breaks the resistance of 260USDT, another ascending broadening wedge should occur. Based on the magnitude of previous ascending broadening wedges, the mean percentage increase is approximately 17.79 percent. Therefore, the next ascending broadening wedge should increase the price by around 46USDT, forming a new price level of around 306USDT. However, 300USDT is a massive psychological resistance, and therefore I would take profits at 295USDT to 300USDT. Right now, the MACD and Stochastic RSI are showing bullish crosses, which indicate the price should increase within the support and resistance levels in the short term. The RSI is at a neutral level of around 50, meaning the coin is neither overbought nor oversold. Entry points: If you are an aggressive trader, a good buy point would be between 240-250USDT. This is high risk and high reward as LTC can fail to break resistance and fall past support. If you are a conservative trader, a power play would be to buy the retest once it breaks the 260USDT resistance. Therefore, a good buy level would be a retest at 260USDT. *Edit: The resistance level is simply the highest peak in the graph within this month and the support level is the previous peak as created by the previous ascending broadening wedge.
KRAKEN:LTCUSDLong
by rainyang
1
PPT/USDT Nice entry for our first Target at >100%We looked at PPT mostly because of TA and the potential it shows within TA. So do your own research if it also makes sense considering the tec behind. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
PLong
by tumbler55
LIT/USDT Update: New entry zones for >100% TargetLIT has suffered a lot recently and could no unpack its true potential so far. Longterm I am very bullish so we look for possible entries which are shown by the boxes. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
2
Brent Crude: The Big Bear Show! 🐻🐻🐻It has been a while since we spotted bears on the oil market, but they came back in phenomenal fashion! With the yesterday’s offensive, they were able to pull the price shortly under the second support line at $62.36 – a crucial mark within our primary scenario. We expect that the price will further drop below $59.04. From there, we see a more comprehensive bullish run setting in to tackle heights of $80 and beyond. Good opportunities are coming!
TVC:UKOIL
by MarketIntel
EUR/CAD: The Entry Point Is Coming 🔜🔜🔜Euro has lost value against the Canadian Dollar over the last couple of months in the course of a longer correction. But tough times never last, only tough people last! So, we patiently waited and still need to wait a little longer, as we are not quite within the designated trading zone, which is indicated as the yellow box above 1.48593 CAD. Once we dip into this area, we expect a turnaround. What is important, however, is that we do not fall below 1.48593 CAD. Good times coming, stay trading!
Long
by MarketIntel
GBP/AUD Bullish Orderblock setup Looking for price to cleanly break above that resistance and grab topside liquidity and then for price to retrace and break below the trend line and sweep the bottom-side liquidity, tap into that bullish OB and continue the bullish trend, OB is pretty clean nicely engulfed, There is also clearly a bullish price imbalance which means price has to retrace to fill that level, as the market moves cyclically we cannot only have buyers in the market. OB is refined to 15Min, drop down to 1Min once price taps into the htf OB level, and look for price to start breaking structure to the upside and forming a new OB at that level, OB is only confirmed once you go up to 2min or 3min and it clearly shows that the candle has been engulfed and broken structure Should get a sniper entry of this
Short
by oliverjarvis0987
Boeing - 4h Support ZonesAs a more of a crypto trader, investing in stocks is also my passion. With the more active vaccines roll out we can see a uptrend in companies for transport and enertainment. People are more willing to go out this summer. In the chart you will see my idea of a slow upward trend with a price action which is currently good for people who want to enter. I don't believe that the price will reach the Main support zone but keep in mind that everything can happen. I used Eliot Wave Impulse to mark the next price movement which finishes at no. 5 Support zones are clear and I do believe we will soon see price around 250 per share. Entry can happen now on the price action or on the breakout of the last HH with retest.
NYSE:BALong
by Engindzhan
RSR is currently hovering above a very attractive entryLet us keep in mind the following facts: - All-time High on Binance: $0.078886 USDT/RSR - All-time Low on Binance: $0.009157 USDT/RSR - RSR is way oversold and is below the monthly VWAP I'm predicting the best entry for RSR in a long position to be the following, given that $0.044022 was breached more than once: - $0.036561 - $0.035793 - $0.030704 If $0.026590 is breached, we are looking at another, harsher dip. The fundamentals are solid on this coin and have a team with faces to prosecute legally if things get rugged to $0. Once the asset bounces, it would be prudent to sell half of the position at $0.044022. TL;DR It's just a dip, buy it.
Long
by Hemlocked
HARD/USDT Looking for a sweetspot-entry around 1$Bitcoin just tipped 50k$ and the market is indecisive. The trading volume for HARD is currently very low, so buyers are not trying to hold any levels now. This and the fact that we have an untested supportline around 1$ looks very tempting to place an order around 1$ for a sweetspot entry. So shortterm I could see a dip while I am bullish in the longterm. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Cheers
Long
by tumbler55