LONG
USDCHF Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88400 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.88400 support and resistance zone.
Trade safe, Joe.
ETH BREAKOUT??Simple chart with key levels shown. After the Trump victory price has broken out from the downtrend of 7 months. So far the breakout has been capped at the major resistance level of $2850. It's a clearly important S/R level with clear TPs on the way back up to local high.
Entry is a tricky one, the macro is clearly bullish with the election news + interest rate cuts happening globally. A safer entry would be a flip of the resistance @ $2850.
A second entry would be the green box and still broken out of the downtrend. That would make the entry closer to being wrong and therefor better R:R but for me less probable as $2850 is still major resistance.
Invalidation is under the green area around $2700 and falling back under the downtrend, approx -6.5% under the possible entry once the S/R is flipped.
Bitcoin can exit from pennant and rise to new ATH (98K points)Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price rose from 75750 points to 81000 points and then made a little correction. After this, the price made a strong impulse up to the 87700 support level. Also then price started to trades inside the pennant, where it later broke the 87700 level and then tried to grow more, but failed and some time traded between this level. Then BTC bounced from the buyer zone and rose to the resistance line of the pennant, after which at once turned around and made a correction back to the buyer zone. Next, prices not long time traded in this area and later continued to move up inside the pennant. Soon, the price reached the support line of this pattern, and continued to move up near this line and some time later BTC rebounded from this line to the resistance line. A not long time ago, the price turned around and made a small correction, after which in a short time, it backed up. At the moment, the price trades near the resistance line of the pennant. So, I think that BTC can fall to the support line and then rebound up higher than the resistance line, thereby exiting from the pennant pattern. Also, I expect that then price will continue to grow, therefore I set my TP at 98K points. Please share this idea with your friends and click Boost 🚀
SILVER What Next? BUY!
My dear followers,
This is my opinion on the SILVER next move:
The asset is approaching an important pivot point 30.998
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 31.158
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURCAD Massive Long! BUY!
My dear subscribers,
My technical analysis for EURCAD is below:
The price is coiling around a solid key level - 1.4677
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.4821
My Stop Loss - 1.4623
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
NZDCHF Technical Analysis! BUY!
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5193 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5207
Safe Stop Loss - 0.5186
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZDJPY: Long Signal with Entry/SL/TP
NZDJPY
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Buy NZDJPY
Entry Level - 90.562
Stop - 90.175
Take - 91.303
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
PAH3 - Opportunity to Buy a cheap Porsche? Stock - not a car :(GETTEX:PAH3
Quick Description of this stock:
PAH3 is the ticker symbol for Porsche Automobil Holding SE (Porsche SE). Holding company that primarily owns a significant portion of Volkswagen Group's shares and exercises 53,3% of voting rights in Volkswagen.
When you invest in PAH3 you are more exposed to Volkswagen's than Porsche AG's direct operations. These shares provide exposure to the broader automotive industry via VW's portfolio including Audi, Bentley, Lamborghini and others.
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Same as Porsche AG (P911) stock, we can see significant drop in price.. The highest point that price reached in 2024 was around 52.28 per share, with today's drop in price this marks 35.79% drop in 2024!
As we can see on the chart ( I am using Monthly chart as this is a longterm investment and analysis) price is currently in the historic Demand Zone from where it bounced back up. Depending on how this monthly candle closes we may witness history repeat itself or we are going lower to the All-in Zone even better zone to invest.
I called it All-in Zone as I think this stock is a great investment opportunity for those who wish to enter this market. You now have a chance to buy at price that we havent seen in 4 years! If we reach to the All-in Zone you will have a chance to buy this stock at a price that we havent seen since 2010 or even 2003 if we reach bottom of the zone.
Nobody really knows what will happen with VW group and I am not here to make predictions or wild guesses. I just look at the chart and price history and look at where we might go next, I love technical analysis.
So I started buying these stocks same as P911 each month... There is no guarantee for anything and this may be a really good opportunity. As there is big profit potential ! And if we go lower? You will just get a better average buy-in price.
For those who are willing to take the risk and have some connection to the car industry - like me.. This may be a good investment in the long run.
Also do not forget that owning this stocks Porsche will be paying you dividends once a year!
Patience is the key! Play it smart!
NZDCAD Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for NZDCAD below:
The price is coiling around a solid key level - 0.8200
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.8232
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
EURUSD On The Rise! BUY!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0526 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0556
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
BERT/USDT 1H Memecoin play with some strong numbers and community:
- FWB:69M MarketCap
- $42.5m 24h volume (61% Vol/Mcap)
- 100% of max supply (980M) in circulation. (Self-reported)
- Solana chain
Currently not yet listed on Binance or Coinbase but there are rumours that it may be listed soon which would bring a lot more potential buyers to the coin.
For memcoins technical analysis is less important but can still tell a story. The current range shows a clear resistance at 0.75 and a support at 0.25.
The diagonal resistance breakout coupled with the bullish divergence already printed indicating a bullish reversal the TA looks good currently.
Memes are risky and unpredictable so DYOR
US ELECTION DAY The day is finally here. The world is watching but most importantly the crypto market is watching too. Trump still leads the Polymarket forecast and IMO opinion that would lead into the next phase of the Bullrun, breaking out of the 8 month downtrend and complete the bullflag continuation pattern.
If the Democrats win I could see a delay in proceedings, a flush toward the range midpoint after panic before regaining some form of stability going into Q1 2025. In the past no matter who has run America BTC does still see progress, I do think that progress will come quicker with a Republican victory.
I'm expecting volatility as always in such a big news release, a release that will overshadow what is normally the most important data release with the FOMC that takes place 2 days away. I would think that this time around it will be less important and a 25bps cut is near enough confirmed anyway.
Good luck out there fellow traders!
US500 Will Go Higher! Long!
Please, check our technical outlook for US500.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 5,902.9.
Taking into consideration the structure & trend analysis, I believe that the market will reach 6,123.9 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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USDCAD Will Move Higher! Buy!
Take a look at our analysis for USDCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.396.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.403 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
EURAUD Is Bullish! Long!
Please, check our technical outlook for EURAUD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.619.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.625 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
EUR/CAD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are going long on the EUR/CAD with the target of 1.489 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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BTC USD UpdateOvernight rally flipped the high of 93.495, massive volume behind us, cruising into Big TP 100K. I've decided to leave my stops into the previous day's low and let it do its magic. After the election, all TA and FA doesn't matter. The market maker has set the price to eat all sell orders and just let it go. We don't know if it's 100K or 150K. I'm sure I'll hold my trades until it starts to break lower on the weekly chart. Happy cruising!