Long-signal
24.3.2021 - Verge (XVG / BTC)Hi Traders!
Today we will trade a well-known cryptocurrency - Verge. It is known especially from 2017 when in a short time its price increased compared to bitcoin by 4,000% . Since then, however, he has not shown much and is basically only declining. I certainly wouldn't recommend holding Verge, and like UMA (in the previous analysis), it's just short-term speculation.
On the chart, we can see 3 basic cycles - growth from 2017, followed by a significant decline and finally consolidation. On the weekly chart, we can create a trend line that we have already overcome. The increased trade volumes at the bottom of this structure also work well. That is the reason why I am devoting myself to XVG today because in their absence it would mean that no one is interested in Verge even at this price level.
The BK indicator lies below the chart, is ready for growth and also forms strong support. I would set the targets to 138 and 255 satoshi. By going for higher goals, means that the trade can last 2-3 months. I would set stoploss to the current low - in our case to 16 satoshi. This is a low stoploss and you can lose a lot of capital, but on the other hand, we can also gain a lot.
I would certainly not trade this trade on leverage, especially due to fees and the risk of liquidating the position. It can take several weeks and we would risk more loss. Trading on leverage is ideal for fast trades for a few hours.
May the crypto be with you!
🏛EUR_JPY HUGE GROWTH POTENTIAL AFTER CORRECTION↗️LONG🚀
☑️EUR_JPY is trading in a rising wedge
And as you can see there are no levels that restrict
The pair from going further up till the 133.00 level
Therefore, I think the pair will keep rising in the wedge
And if we see a correction to the wedge support
That will be a great long opportunity
LONG↗️
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US500: Price Action & Swing Analysis
Here is our technical view for US500.
Our analysis is based on purely technical outlook.
According to our drawing US500 reached a strong demand zone.
Based on our analysis the price will go higher.
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EURJPY: Growth & Bullish Forecast
Here is our technical view for EURJPY.
Our analysis is based on purely technical outlook.
According to our drawing EURJPY is coiling on demand zone.
Based on our analysis the price will rise
to the next resistance level.
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don't miss this safe XEM opportunityhello there...
xem is one of my favorite currencies and i always following it.
this is my own strategy on xem.
i tried to explain everything clear on chart.
i usually dont work with lines in crypto instead i use zones...
if danger zone break downward this setup will be fail and we may fall so we should find a better place for buying again later.
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doostane farsi zabane aziz mitavanid dar kanal ma be id alpha_c, az behtarin arzha va forsat haye kharid o fooroosh motale shavid
NZD-USD Will Go UP From Support! Buy!
Hello, Traders!
NZD-USD has reached a strong daily horizontal support
And we are already seeing a pullback from the level
Therefore, I am expecting a bullish continuation
To retest the nearest resistance levels
Buy!
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GOLD - A long waited bottomWe have approached the point where Gold has entered a key demand area. This is likely to be the beginning of a next bull run towards the new all-time high. Tomorrow is NFP and it seems it will be much worse than expected. USD is struggling and it might be positive for the price of gold. Enjoy the rally!!!
USDSGD: Bulls Will Push Higher
Here is our today's forecast for USDSGD.
Our analysis is based on fundamental & technical metrics.
According to our drawing USDSGD is trading within a support.
Based on our view the market will start growing
to the underlined resistance.
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💡 GBPUSD SIGNAL - RETEST | LONGTrading Signal - I can see GBPUSD price will start to fall to the support level to complete the retest, Wait for price action before making entry long.
I can see GBPUSD price will go up to 1.425 area - Weekly Resistance Level
Trade at your own risk
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EURNZD LONGEUR/NZD currently retesting our resistance zone and hopefully will continue in a bullish momentum.
ENTRY @ 1.67263 (OR UNDER)
SL @ 1.66800 (40 PIPS)
TP @ 1.67800 (60 PIPS)
TP2 @ 1.68200 (100 PIPS)
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EUR/JPY Uptrend continues?After developing some good strength the Euro continued to push against its counter parts driving prices higher at the end of last weeks trading session. Here we have an intra day long trend approaching a good level of resistance. We will look to take a long trade on the break of this level and follow the trend. If we have a reversal from the level, we will stay clear and wait for a new opportunity. Good luck