Strategic Long Trade: Unlocking Potential Profits in #SEI #SEI long trade setup:
Entry Point:
Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions.
Additional Entry: Add more positions up to $0.661. This level is identified as a potential strategic buying opportunity.
Target Prices:
Set specific target prices at $0.78, $0.85, $0.92, $1.01, and $1.2. These levels represent potential profit-taking points as the price moves upward.
Stop Loss (SL):
Set a stop-loss at $0.66. This level is considered mandatory to effectively manage potential losses. A stop-loss is a risk management tool that automatically sells the asset if the price reaches a specified level, limiting potential downside.
Leverage:
The recommendation suggests utilizing leverage based on individual risk appetite. It emphasizes the importance of exercising caution and choosing leverage wisely. Leverage amplifies both potential profits and potential losses, so it should be used with care.
Cautionary Note:
Emphasizes the importance of doing your own research (DYOR) before making any trading decisions. This reinforces the idea that the provided information is not financial advice.
In summary, the recommendation outlines a long trade setup for #SEI, providing specific entry points, target prices, and a stop-loss level for risk management. It also advises caution with leverage and underscores the significance of conducting personal research. As always, the information is not financial advice.
Longposition
Unlocking Profit Potential: #POWR/USDT Technical Analysis#POWR/USDT pair:
Technical Analysis:
Trendline Support: POWR is currently above a strong ascending trendline support, suggesting a bullish trend.
Rebound Potential: The trendline support indicates the potential for a rebound in the price.
Entry Point:
Buy at CMP: Consider buying at the Current Market Price (CMP), taking advantage of the current position above the ascending trendline support.
Additional Entry: Add more positions if the price drops to 0.3833, using this level as an additional buying opportunity.
Target Prices:
Set specific target prices at $0.45, $0.47, $0.54, $0.62, and $0.74. These levels represent potential profit-taking points as the price moves upward.
Stop Loss (SL):
To manage risk, set a Stop Loss (SL) at 0.36. This level is chosen to limit potential losses in case the market doesn't move as expected.
Risk-Reward Ratio (R:R):
The Risk-Reward Ratio is mentioned as 1:6. This indicates that for every unit of risk (1), there is the potential for six units of reward. A higher R:R ratio is generally considered more favorable for traders.
Cautionary Note:
Emphasizes the importance of using leverage cautiously and aligning it with individual risk tolerance. Using leverage conservatively is recommended to minimize the risk of substantial losses.
Reminds traders to conduct their own research (DYOR) before making any trading decisions, emphasizing that the information provided is not financial advice.
In summary, the recommendation suggests a bullish stance on #POWR/USDT based on the strong ascending trendline support. It provides specific entry points, target prices, and a risk management strategy, while also urging traders to exercise caution, especially with leverage, and conduct their own research.
NAS100 Bullish Scenario: The Only Long I See (Daily/1 Hour)Fundamentally, 2023 was a strong year for stocks notably tech, which has created a strong bullish anticipation for 2024. We are in the midst of a CPI release coming this Thursday on the 11th. It is obviously the most important data release of the year (since we're 9 days in lol). More seriously it is the factor that WILL determine the move to come (no shit). By default I am bullish for speculative and technical reasons so I propose a rational entry for a long position assuming the show will go on. Here is the technical reasoning:
1. Price wicked perfectly on the DAILY 'bullish' 0.618 fib level during the Friday 5th session. This serves as our first bullish signal.
2. Throughout the session an intermediary range was created with a high that will serve as our BOS ('break of structure') line.
3. Throughout that same session and the following session (Monday 6th) price bounced twice, precisely, on its fib 'reload zone' which is the area that ranges between 0.618 and 0.782 (0.702 is extremely effective). These zones tend to render good entries if it's line with the general outlook (fundamentals + daily/weekly trend + general analysis). This serves as our second bullish signal.
4. With our BOS (third bullish signal), an FVG ('fair value gap') was formed. I couldn't explain why it works but with back testing and live testing, it changed the game for me. This FVG serves as another entry point. Why this FVG and not the ones above? We want the one with the highest probability of success so we pair it with the 'reload zone'!
5. By tracing a trend-based fib, which honestly I just learnt how to use today, you'll notice how price reacted perfectly to the 1.702 fib. This is just a way to increase the legitimacy of my analysis and to seem like I know things. But it is a high that we'll use for our potential profit taking (spoiler!).
6. The trade: we have a confluence of factors which giveth the highest success probability (in my opinion) for an entry point (EP) IF we are backed by a strong data release. So EP:16430, MAX SL:16240 / MIN SL: 16330 (based on the low of the FVG) and TP1: 16675 (the high/fib 1.702) / TP2: 17000 (a nice round number which is a good target since it represents a strong psychological bias for all traders). This gives a good RR 1:3 so in the midst of the CPI release which could basically f*** everything up, I wouldn't risk more than 1%. For trade management put the SL in BE when price has taken TP1.
Note: if the CPI is very bullish, just leave approx. 20% of the position to flow to new highs (TP3).
NFA and happy trading! :)
FILL READY FOR LONG 4HFilecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.
The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network where users pay for data storage and distribution services in $FIL. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
Filecoin is open-source and decentralized, which means that all governance is in the hands of the community. On the Filecoin platform, developers have the opportunity to create cloud file storage services like Dropbox or iCloud. Anyone can join Filecoin and start storing their data or earn money by providing space for someone else's funds. The creators of Filecoin opted for their blockchain technology to run the network and their token with their own consensus.
TSX:FIL is the native currency of Filecoin that powers the entire network and all processes. Clients pay for transactions in FIL tokens. Miners place FIL as collateral, guaranteeing their services.
The developers claim that Filecoin solves the problem of inefficient file storage and retrieval. Customers can find the right solution with an efficient set of tools and its core development, IPFS.
PLTR looking for a breakout1. Price Performance:
NYSE:PLTR has demonstrated a consistent upward trend, yielding over 10% gains since September lows.
Notably, the stock has established higher lows, indicating a potential bullish trajectory.
2. Technical Analysis:
The stock is currently approaching a key point, poised to break out of a triangular formation.
Safe traders may opt to await confirmation through a breakout, while risk-tolerant investors may consider entering early.
3. Technical Indicators:
A significant bullish signal is evident with a recent MACD crossover, aligning with positive trends observed in historical data.
By combining these factors, NYSE:PLTR presents an intriguing opportunity for investors, with both the price action and technical indicators suggesting a favorable outlook.
LONG MASK 3HMask Network is a protocol that allows its users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.
Mask Network was initially launched in July 2019, with its first use case of allowing Facebook and Twitter users to encrypt posts on the social media platforms. It then raised $2 million in a funding round in November 2020, co-led by HashKey and Hash Global, and a further $3 million funding round in February 2021 with participation from Digital Currency Group and Fundamental Labs.
Now, Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plans to offer peer-to-peer payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem.
"ACE/USDT Long Trade: Breaking Wedge, Retest, and Upside Potenti"ACE/USDT Long Trade Alert 🚀
ACE breaks falling wedge, now retesting.
Entry: Current Market Price (CMP), add more up to 9.0081.
Targets: Aiming for 60-80% gains.
Stop Loss: If any 2-hour candle closes back inside the wedge.
Leverage: 5x to 10x.
R:R (Risk-Reward Ratio): 1:6 (Lucrative).
Use leverage wisely, DYOR.
Not financial advice.
"CYBER/USDT Long Trade Alert 🚀: Bull Flag Breakout and Retest A"CYBER/USDT Long Trade Alert 🚀
CYBER broke out of a Bull Flag Pattern and is currently retesting.
Entry: Current Market Price (CMP). Add more if it drops to $7.548.
Targets: $8.7, $9.45, $10.2, $11.5, $13.
Stop Loss (SL): $7.075 to limit potential losses.
Leverage: Use 5x to 10x cautiously.
R:R (Risk-Reward Ratio): 1:6 (Lucrative).
Use leverage wisely and be conservative to manage risks.
DYOR (Do Your Own Research). This is not financial advice. #CYBER #USDT #CryptoTrading"
IOTA IS LOADING UP BEFORE THE BREAK TOWARDS 0.60$-ALL SYSTEMS GOWe've discovered IOTA loading up for a massive move once it breaks the descending TrendLine that goes back to APRIL 2021.
IMAGINE breaking this after nearly 3 YEARS OLD, this is going to be explosive considering the status of the Crypto Market and the undervalued IOTA token.
Prepare your bags, this project is about to explode soon!!!
Target: 0.58$
HINDALCO - LONG TERM ANALYSISHINDALCO is moving in a SYMMETRICAL TRIANGLE
A good opportunity in HINDALCO either we for long / short by seeing the break out accordingly...
For the time being wait and watch.
Follow the levels, I have given above chart
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
HAPPY TRADING GUYS
XAU/ USD !! bright spot in the market, price increase cycle⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold is trading higher near its three-week high of around $2,088 per troy ounce during the Asian session on Thursday. The potential for rate cuts by the Federal Reserve (Fed) in the first quarter of 2024 has improved risk appetite, leading to an increase in the price of gold.
The presence of major shipping companies returning to the Red Sea indicates a tentative return to normalcy, potentially influenced by the deployment of a multinational task force in the area. However, concerns persist regarding the potential closure of the Gibraltar Strait by Iran. The complex and ever-changing geopolitical situation in the Middle East continues to impact market sentiment and contribute to a growing demand for safe-haven assets such as gold.
⭐️ Personal comments NOVA:
Prices continue their steady upward trend, although there is not much impactful news, the positivity and trust of investors helps Gold prices continue to fly high.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2067 - $2069 SL $2060
TP1: $2075
TP2: $2086
TP3: $2094
🔥SELL GOLD zone: $2094 - $2096 SL $2102
TP1: $2086
TP2: $2080
TP3: $2070
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
AUD/NZD ⬆️ Long Trade setup ⬆️Hello Everyone.
Triangle breakout
💲 Entry Point : 1.07905
🟢 TP 1.09132 🔴 SL 1.07413
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Disclaimer
---------------
Trading is risky we all take loses
your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
Sideway price range above 2050 for Gold⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Dollar showed weakness against other currencies, while the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trade partners, fell to its lowest level since July at around 101.45. Treasury yields decreased, with the 10-year yield at 3.89%.
Expectations of easing by the Federal Reserve have increased. The market has priced in a 15% chance of a rate cut on January 31 and fully priced in a cut on March 20, with six cuts fully priced in by the end of 2024. However, traders will be closely watching upcoming data for further guidance. It is important to note that lower interest rates benefit gold, as they reduce the opportunity cost of holding non
⭐️ Personal comments NOVA:
continues sideways above the $2050 price range. The outlook for ending 2023 is strong for Gold
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2045 - $2047 SL $2038
TP1: $2055
TP2: $2068
TP3: $2080
NOTE: Pay attention to the support zone $2050-$2052. BUY SCALPING can be set up
🔥SELL GOLD zone: $2083 - $2085 SL $2090
TP1: $2075
TP2: $2068
TP3: $2060
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
DISH Network Macro technical developments point to BuyHi guys! So this is a look into DISH Network (DISH) technical analysis. This analysis is done on the 1 Month timeframe, thus depicting the Macro price action of DISH. This analysis does not express the shorter term or intermediate term trend but looks to assess the Long term trend.
The findings in this idea also support a buy and hold strategy for DISH. Do note that because of that it is possible for shorter term or intermediate term pullbacks. I will do my best to post updates on shorter timeframes to help assess better buy areas.
But anyway lets jump right in.
As you can see from the Highs of Dec. 2014, we've been in a continual price decline.
Depicted by "Major Resistance trendline", that has helped propel the downtrend.
We reached major Support Zone, to only break through and continue our downtrend.
Till we reached our Downtrend target zone. Here i was aspecting more downside, where price action would have traveled inside this zone.
This month however we have had a 45%+ bounce Up.
Currently in the process of creating a BULLISH ENGULFING CANDLE. It being on the 1 Month, makes it very Powerful.
Note though: This months candle closes Dec. 31st. So nothing has confirmed yet. But if on Jan 1st, we are still looking like this. This ENGULFING candle may indicate a macro trend change.
We have also from last months and this months candle, confirmed a Sloping Support trendline. This showcases the Uptrend and a Higher low on the Macro scale.
Notice also the 21 EMA (Purple moving average). This will continue to come down BUT it can be used as a target for where price will move to. We've also havent touched it since 2021. So probabilities dictate we will eventually touch it. So keep that in mind.
A likely target if this uptrend continues is the $9.00 level. That would be a critical area since breaking above will mean continued bullishness but a rejection could mean that there maybe a probability that we go lower, possibly into the DOwntrend target zone.
IRCTC BUY CALLHi all,
After long struggle India ka favourite stock IRCTC given an excellent breakout in weakly timeframe. It will be the good buy for long term, support level would be 760 and target 1100, and there is a chance to break that level and reach all time high, 100% monopoly in railway ticketing is a advantage for that stock, and recently govt announce 1lakh crore investment in railway sector to minimise the waiting list in trains give positive vibe on that stock. To conclude recent positive news and a breakdown in weakly time frame shows a buy call for long term.
Iam not a SEBI Registered advisor do your own research to trade. I publish this idea only for educational purpose.
WIPRO BREAKOUTHi all,
After two years of down fall and one year of consolidation, now wipro gave very good breakout with good volume, I’ll consider wipro for long term and my first target is above 600 level. Having patience to hold till the price hit 720. Recent US interest cut news also in favour for Indian IT sector and wipro is one the favourite pick of mine.Expecting a 2x return in less than a year.
Iam not a SEBI registered advisor, do your own analysis, iam just sharing my ideas only for educational purpose.