Investmentidea
BTC/USD - Potential 22% Setup Hello Traders!
Limit buyers gathered sales in the $40900 - $44200 range after which they began to push the price up on news of Bitcoin ETF adoption.
After trying to pass the $66700 resistance level, the buying strength began to fall and the price began to consolidate in the narrow $58000 - $63000 range
At the moment, the price passed the local resistance level of $63000 and is close to the retest of the next resistance level of $66700.
It is possible to begin purchases at the rebound of $63000 or after the price exceeds the level of $66700.
It is better to place the stop under the support level of 58000$ at the level of 56600$.
The growth continuation target is $77200. Purchases can be fixed in the range of $77000 - $78000
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Waiting for breakout of bullish P-Wave on SOLUSDMajor Bullish Signs on SOLUSDT
All the analysis Part is viewable on the Chart.
Investment advice:
I personaly would wait to buy the asset as it did not yet confirm the P-wave direction, these consolidation patterns can go both ways and when they break out they do a good move or a fake-out to further consolidation.
As for now it is possible to scalp the asset when it reaches one of the borders of the formation. Move to a lower timeframe like 5 minutes and long/short the bounce back into the triangle when the trend is obvious on that timeframe. Stop loss is recommended a small distance outside the edge of the triangle.
I will publish the bottom indicator later as it is not as user friendly yet.
1INCH/USDT - Potential 199% Investment IdeaHello Traders!
1inch is a coin with a strong fundamental that is constantly being developed and innovated. As a reminder, it is the token of the largest DeFi aggregator on the market.
The current price values are a great opportunity to take advantage of a discount on a mid to long-term purchase. The DeFi segment will be growing along with the entire market, which will open up additional financial prospects for such purchases.
The first part of the position can be bought in the $2.14 - $2.50 range
The second part in the range of $1.58 - $1.84.
A stop-loss can be considered below the price level of $1.27
The targets for buying will be price levels of
$3,50
$4,26
$5,22
$5,88
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
OGN/USDT - Potential 355% Investment SetupHello Traders!
OGN price returned to the active trading range of $0.59 - $0.87
Mid-to-long term purchases can be sought in anticipation of a continued correction of the asset.
The first part of the position can be bought in the $0.59 - $0.70 range
The second part of the position can be bought within the range of $0.36 to $0.45.
Stop-loss can be placed under the $0.30 price level.
The targets for buying will be price levels of
$1,46
$1,95
$2,35
The excellent risk-to-reward ratio for long-term buying (over 8)
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
DOT/USDT - Potential 138% investment setupHello Traders!
During August-September, the ecosystem trend is actively unfolding in the market.
DOT (Polkadot) is one of the leading networks with a large number of projects and developers. Buying such an asset as an investment is the least risky.
It is reasonable to take advantage of the correction and buy the asset at a discount.
The first part of the position can be bought in the $22.00 - $25.00 range.
The second part is in the range of $16.50-$19.00.
Stop loss at $14.00
Target price levels would be
$34,40
$40,00
$45,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
RUSH.A and RUSH.B - Acquisitions in the works.Quick technical analysis on Rush Enterprises. This is a consumer cyclical trucking dealership. They are very dominant in this market space and currently in the process of acquiring 30 more locations. This is a good long-term portfolio addition. Because of the acquisitions coming in play, this could also lead to a quick short term profit as well for the swing traders. You can always add this to your watchlist and just keep an ion it for now, or choose to invest at its current stage. Always assess your own risk tolerance before getting into any sort of trade or investment.
CHZ/USDT - potential 146% movementHello Traders!
CHZ showed weakness in the summer altcoin rally so the current correction on the market gives excellent entry points.
Entry can be observed in two ranges :
1) from the current between $0.3175 - $0.3475
2) in case of correction continuation $0.2475 - $0.2800.
Stop-loss can be placed under the $0.2000 price level.
The targets for continuation of ascending movement by levels:
$0,4040
$0,4700
$0,5450
$0,6900
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
BTC/USDT - potential 40% setupHello Traders!
After exiting the May-July flat movement in the $31000 - $40900 range, BTC continued its uptrend.
Between $51000 - $52000 a seller reaction followed, after which the price returned to the trading range of $44200 - $46800.
At the moment the asset is under selling pressure. Buyers are pushing the price and keeping it near the support level of $44200.
Mid-term purchases can be planned based on expectations of a continuation of correction.
The first part in the range of $42500 - $44200.
The second part in the range of $39800 - $40900
Stop-loss shall be placed under the price level of $36500
Price levels would be buy targets
$51500
$55000
$57600
$59600
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ZRX/USDT - Potential 90% setup Hello Traders!
ZRX price is consolidating in the range of $1.04 - $1.16
On the daily timeframe, MA100 is in support, RSI indicator is in the bullish zone.
Volumetric and cluster analysis shows an increase in demand from buyers.
Buy entry can be looked for in two ranges:
1) At current levels of $1.04 - $1.16
2) In case of correction at $0.82 - $0.94.
It is important to consider risk management and always keep some funds for correction.
Stop-loss shall be placed under the $0.75 price level.
Targets for ascending price movement:
$ 1,28
$ 1,61
$ 1,92
$ 2,20
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
QTUM/USDT - potential 156% setupHello Traders!
QTUM went into an uptrend after the correction.
On the daily timeframe, MA100 acts as support. RSI is in the bullish zone.
It is possible to look for buying on a correction. The position is better to gain in two parts:
The first is in the $11.20 to $12.90 range.
The second part in the range of $8.60 - $10.37
Stop-loss when price gets under the $6.45 level.
The targets for purchases will be:
$18,50
$22,00
$26,70
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Chargepoint ( CHPT ) buy idea (long term)So I have been looking at Chargepoint for a while now and I think that it could be a good buy at this price. I am going to go in a little to see what the price does at this point and when I get to see a good rejection on the support zone I will add to the position. This is a trade idea for my longer term investment portfolio so I am not looking to get in and out fast on this trade. The overall data that we get from the company also looks good and I think that this company does has some more room to grow in the next 5 years.
If we go get to see a break of the support zone I will wait to add to my position and see what the price does. Either it goes down to the next support level and I but more there or it goes down a little and then goes up. if the last thing happens then I will be adding to my position when it crosses this support zone you can see on the chart.
Please let me know in the comments what you think of this and feel free to share your idea and view on this company.
If you like the idea don't forget to give it a like then.
Going to keep you updated in this trade when I feel it is needed. If we get a boring few weeks then there is no point of doing a weekly update. If you want an update on this stock at any point you can also sent me a message and I will answer that as soon as I can.
XLM/USDT - mid term investment idea - 140%+Hello, traders!
XLM price has returned to the values of late May/June of this year. The MA100 on the daily timeframe acts as support.
Cluster and Volume analysis show growing interest in the asset from the buyers
It is possible to seek purchases in the medium and long term in case of a correction in the following ranges:
The first part of the position: $0.314 - $0.363
Second part of position: $0.241 - $0.287.
Stop-loss in case of fixing under the $0.210 price level.
It is possible to fix profit in parts in the following ranges
$0,437 - $0,470
$0,655 - $0,690
$0,740 - $0,780
The ratio of risk to profit above 4.00 👌
P.S This is an educational analysis that shall not be considered a financial advice
ETH/USD - midterm investment setup
Hello, Traders
Buyers managed to keep the price in the range of $1740 - $1960.
Later on, growth began based on the news about the "London" hard fork. The essence of this hard fork is the launch of a deflationary model, where part of ETH, which is used to pay commissions, will be burned.
Like Bitcoin, the technical picture of the pair has improved during the last two weeks. MA100 at the daily and 12H timeframes is supporting the price, while the RSI indicator is in the bullish zone.
Cluster and volume analysis shows large purchases in the range of $2200 - $2400.
The growth with minimal pullbacks always ends with a correction, after which it is possible to connect to the purchases.
The position is best formed in several parts :
The main part in the range of $2140 - $2390.
The second part in case of a bullish correction within the range of $2455 - $2625
The third for the case of a deep correction in the range of $1960 - $2040
Stop-loss can be placed under the level of $1845
The targets for such purchases will be price levels of
$3200
$3590
$3800
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
AKRO/USDT - potential midterm investment Hello, traders!
The price of the asset has been accumulating for more than two months in the range of $0.0152 - $0.0274
At the current moment, there is a retest of the upper border of the range - the level of $0.0274
Volumetric and cluster analysis shows an increase in the number of purchases. Large purchases are between $0.021 - $0.026
The Bitcoin correction will serve as a trigger for the correction of the whole market. In this case, it will be possible to comfortably gain a position on the instrument with less risk.
The position can be taken in two parts:
The first one is in the range of $0.0192 - $0.0212.
The second one is within the range of $0.0220 - $0.0232.
Stop-loss can be placed under the $0.0152 level
Target prices for purchases will be
$0,0365
$0,0400
$0,0435
$0,0490
Fixing profits is an integral part of the trading process.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
PHILIPCARBON BLACK - Portfolio stockenter only above supply zone close.
or if it falls from supply zone, enter near 252 levels.
High strengh stock.
Can give good returns in the near future.
Buy SCHNEIDER ELECTRIC for 1-3 years
Bullish golden crossover of 50VWMA and 200SMA indicating bullish potential upside.
Also, a 3-year old base breakout has already occurred and price is currently hovering just above breakout level (between 120-125)
RSI also confirming base breakout.
ADX marking a fresh 5 YEAR HIGH!
Potential targets are 188.15 and then 219-226.
Stop loss can be kept at 97.45
Thus Risk/Reward ratio is favourable at 2.43 and 3.89 (for both targets mentioned above respectively)
NOTE: All the above analysis is based on weekly charts.
OMG/USDT - Longterm investment ideaHello, traders!
OMG has gone through two business cycles in the span of a year.
Currently, the price has returned to the $2.56-$4.09 range from which previous business cycles started.
As part of a long term investment, the first part of the position can be opened within the range of $2.56 - $3.39
In case of panic sell-off, you may open the second part of a position between $2.00 - $2.56
The size and level of stop-loss depends on your risk allocated in the current trade.
Target price levels would be
$5,48
$6,25
$6,94
$7,90
$8,78
$10,52
Good luck and watch out for the market.
P.S. This is an educational analysis that shall not be considered financial advice