Get started

Longsetup

"ALGO: Bullish Breakout, Targets $1, $1.5, $2.5!"Given the price objectives which are specified—$1, $1.5, and $2.5—the chart offers prospective investors an intriguing opportunity. The research is broken down here to show the main elements that could draw in investors: * Important Analysis Points: 1. **Recent Surge**: The price has just risen from a low point, suggesting that a bullish phase may be beginning in the market. When coupled by strong volume, as shown in the chart, the steep price gain may indicate a trend reversal or the beginning of a new bull cycle. 2. **Volume Confirmation**: The price increase is accompanied by volume spikes that provide additional evidence of robust purchasing demand, which is encouraging for prospective investors.A high volume frequently indicates the entry of institutional or sizable retail investors into the market. 3.EMA Crossovers: With the 50-day EMA above the 200-day EMA, which usually denotes a bullish trend, the chart displays both the 50-day and 200-day EMAs. Both long-term investors and momentum traders may be drawn to this crossover, which suggests that the market may keep rising. 4.Important Price Goals: $1: A psychological level that can serve as a significant resistance point is the first target of $1. If this is broken above, more bullish activity may follow. $1.5: The next resistance level is represented by this price goal. Significant upside potential might be triggered by a clear breakout above $1.5, which would draw in more investors and accelerate the trend. $2.5: A significant resistance level from earlier highs is represented by the ultimate objective of $2.5. The asset may attract a lot of interest from investors if the price hits this goal, which might indicate a complete rebound of the previous bullish cycle. 5.RSI Indicator: At 44.41, the RSI indicates that the asset is not yet in an overbought state. Before the market gets too stretched, there is still opportunity for expansion. Investors can see this as a chance to get in before the price increases even further. 6.Possibility of Long-Term Growth: The general structure of the chart displays a significant accumulation phase that is followed by a breakout, which is a feature frequently observed in the early phases of a bull run. ALGO may have substantial upside potential over the next months, according to the price action and trend indicators, which makes it a desirable investment for both short- and long-term traders. Investors' conclusion: A comparatively low RSI, positive moving average crosses, and rising volume all contribute to the ALGO/USDT chart's strong bullish trend. Investors might profit greatly from the price goals of $1, $1.5, and $2.5—especially if ALGO breaks through these levels. Those who want to profit on the asset's momentum will find the current market structure intriguing, and the comparatively low RSI allows for additional growth before the market gets overbought. This study can assist in making a strong case for ALGO/USDT investing to prospective investors by concentrating on certain key indicators.
COINBASE:ALGOUSDLong
by PROFITPULSE10X
1
CYIENT Trade Setup Analysis: Risk-to-Reward and Key ZonesThis analysis outlines a trade setup observed on the chart based on technical price action and supply-demand dynamics. Please note, this is not investment advice but a learning perspective. Below is a detailed breakdown of the idea: Demand Zone (DZ): A key demand zone has been identified in the range of 1869.65 - 1879.90, indicating a strong area where buyers stepped in previously, causing a significant price rally. This zone serves as a potential support area, providing a base for further upward movement. Entry Point: The suggested entry for this trade is at 1938.00, marked after the price successfully tested the demand zone and showed signs of bullish reversal. This ensures entering the trade as momentum shifts upward, reducing risk. Stop Loss: To manage risk, the stop-loss level is set at 1862.30. This level is placed slightly below the demand zone to account for minor price fluctuations while safeguarding capital in case the price breaks below the support zone. Target Price: The target for this trade is defined at 2090.00, providing a potential upside of 152 Rs. This level aligns with historical resistance or a logical area where profit-taking might occur. Risk-to-Reward (RR): The RR for this trade is calculated at 2.01, making it a favorable setup. This implies that for every unit of risk taken, there is a potential to gain more than 2x in returns. Technical Signals: Bullish Engulfing: A strong green candle emerged near the demand zone, signaling renewed buying interest. Momentum Shift: Indicators suggest increased bullish momentum, aligning with the entry point for this setup. Trend Continuation: Price action reflects higher highs and higher lows post-reversal, hinting at a potential continuation of the upward trend. Key Considerations: Always use proper position sizing to avoid risking more than you can afford to lose. This analysis is shared purely for educational purposes, and no guarantee of success is implied. External factors, such as market news or global events, may impact the setup's outcome. Trade safely and continue learning!
NSE:CYIENTLong
by santosh2504
Apple Stock W-Pattern: Another Bullish Entry on the HorizonOver the past few weeks, we’ve repeatedly seen the same W pattern forming in Apple’s stock. I believe the stock is still in an uptrend, and the next good entry point could be during the downswing of the second leg. I’m planning to open a long position. Whether I’ll close this position at around $260 as a day trade or decide to hold it longer is something I’ll let you know soon. What’s your take on this? Let me know! Stay tuned, and I’ll catch you in the next one — peace!
NASDAQ:AAPLLong
by Toxic_squirrel
correction on my last post Solana Nearing $200: A Potential Day Solana is on the verge of hitting the $200 mark if there is a breakout. For day traders, this could be a great chance to lock in some profits. I’m planning to wait briefly after the breakout to see if it’s just a fake breakout. If the price continues to rise, I’ll open a long position and aim to close it at $200. My stop-loss is currently set at $183 and will be adjusted based on price action, so it eventually moves into positive territory. What’s your take on this? Let me know! Stay tuned, and I’ll catch you in the next one — peace!
Long
by Toxic_squirrel
1
Solana Nearing $200: A Potential Day Trader’s OpportunitySolana is on the verge of hitting the $200 mark after breaking out. For day traders, this could be a great chance to lock in some profits . I’m planning to wait briefly after the breakout to see if it’s just a fake breakout. If the price continues to rise, I’ll open a long position and aim to close it at $200. My stop-loss is currently set at $183 and will be adjusted based on price action, so it eventually moves into positive territory. What’s your take on this? Let me know! Stay tuned, and I’ll catch you in the next one — peace!
Long
by Toxic_squirrel
PIKK 1H Swing Long Conservative Trend TradeConservative Trend Trade + long impulse + 1/2 correction + T2 level ? (new spread) + support level + biggest volume Sp + weak test Calculated affordable stop limit 1 to 2 R/R take profit Daily context "+ long impulse + 1/2 correction - SOS level above JOC + support level + volumed Sp + weak test" Monthly context "- short impulse + volumed T1 + support level + biggest volume 2Sp+ in 4d" Yearly context "- no trend - context direction short"
RUS:PIKKLong
by MishaSuvorov
Gold price recovers slightly - fluctuates below 2650⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) dip slightly in thin post-Christmas trading, hovering near $2,630 during the Asian session on Friday. However, the metal may find support as markets look for clues about the US economy under the incoming Trump administration and the Federal Reserve’s 2025 rate outlook. Gold, as a non-yielding asset, benefits from moderate US PCE inflation data that casts doubt on limited Fed rate cuts next year, suggesting potential for further reductions. Its safe-haven demand is further supported by ongoing geopolitical risks, including the prolonged Russia-Ukraine war and tensions in the Middle East. ⭐️Personal comments NOVA: Short-term recovery at the end of the week - continued lack of liquidity, sideways below the 2650 area ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2650 - $2648 SL $2655 TP1: $2640 TP2: $2630 TP3: $2620 🔥BUY GOLD zone: $2616 - $2618 SL $2611 TP1: $2622 TP2: $2630 TP3: $2640 ⭐️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
OANDA:XAUUSDLong
by Nova-Scalper
5
PEOPLEUSDT Loaded for a Breakout: Go Long or Wait for a Retest? Hey, traders! 🐂🐻 Today’s radar is on BINANCE:PEOPLEUSDT , and the market is definitely "buzzing". The price is sitting at 0.04588 USDT, and we’ve seen it knock on the resistance at 0.04689 USDT a couple of times. What is that level? A wall of liquidity! Whales are clearly capping the price. Now, let’s get to business. The chart is forming an ascending triangle – a classic setup. If the price breaks through the liquidity up top, we’re in for a pump. But as they say, "don’t go all in until you see a clean breakout." 🔑 Key Levels: Support: 0.04300 USDT – buyers are stacked here. If this level breaks, get ready for a dump. 0.04100 USDT – the bulls’ last stand. Reaching here puts the trend at risk. Resistance: 0.04689 USDT – the critical level. Break it, and we’re flying; fail, and the whales keep pushing us down. 0.04900 USDT – the first target to "skim the cream". 0.05050 USDT – the ultimate target if the market picks up speed. 🚩 Strategy: Entry Point: Enter long after a clean breakout above 0.04689 USDT (let the volume confirm it). Stop-Loss: Place stops below 0.04300 USDT to avoid "liquidity grabs". Take-Profit Targets: 0.04800 USDT – lock in some gains to avoid FOMO. 0.04900 USDT – for those who like "cold, calculated moves". 0.05050 USDT – the final stop when the market gives everything it can. 📈 Technical Breakdown: The triangle is screaming: the market is gearing up for a move. Rising volumes – a signal that buyers are revving up. A retest of 0.04689 USDT before the breakout is a great chance for scalpers or those "hunting setups." 💡 What’s next? The big question: are we catching a pump, or will it fizzle out? If 0.04689 USDT doesn’t break, expect bulls to pull the plug ("handbrake") and possibly some tilt for those who entered too early. Your thoughts? Maybe someone spots a sell wall or a divergence on the indicators? Share your observations – the collective mind wins, as they say. 🚀
Long
by Max_Pr0fit
USD/JPY – Just One Step Away from a Drop!Dear Traders, After a notable rally late last week, USD/JPY appears to have lost its momentum. Observations suggest that Wave 5 has completed, paving the way for a potential corrective decline, which aligns perfectly with the classic wave structure. We can now anticipate a downward correction, likely targeting the 155.95 zone initially. Following this, we might see further bearish consolidation below this level, aiming for the liquidity area around 152.85, a region that buyers have yet to revisit, and is currently taking shape. Remember, this is just the starting point of our analysis journey. We will provide regular updates so you can stay informed and adjust your strategies accordingly. Stick to the plan and trade carefully!
Short
by Bentradegold
2
How does gold price change on weekends? What should you note?Hello everyone, Ben here! Last week, we witnessed a significant drop in gold prices. At one point, gold prices fell to a low of $2,583. Currently, gold is trading around $2,627, stabilizing over the week. It is clear that the hawkish signal from the Federal Reserve (Fed) last week, indicating that they will slow the pace of rate cuts in 2025, supported the US Dollar (USD) to remain near its two-year high and acted as a drag on the non-yielding gold metal. Additionally, a positive risk trend contributed to limiting the gains of this precious metal. However, geopolitical risks stemming from the prolonged Russia-Ukraine war and tensions in the Middle East, along with fears of a trade war, continue to provide some support for gold as a safe-haven asset. Furthermore, a modest pullback in US Treasury yields has supported a mild buying tone amid thin trading volumes during Christmas Eve. Therefore, it would be wise to wait for some follow-through buying before positioning for any further recovery from last week’s one-month low. The projected price increase is expected to reach $2,650. What do you think about this? Sincerely, Bentradegold!
OANDA:XAUUSDLong
by Bentradegold
$ZIM has 50-100% Upside from $20- This is a shipping company in Israel whose fundamentals are getting stronger. - It has 3500+ employees as per linkedin. - It's trading at P/E of 1.82 - Stock based compensation isn't the issue has outstanding shares have remained stable for last 4 years. - Trump in office will lead to stability in the middle east and high probability of negotiation and ceasefire. - There are lot of tailwinds to push this company's stock higher. - Discounted cash flow analysis estimates a fair value of $66.11, indicating the stock may be undervalued. - Using Peter Lynch's valuation method, calculates a fair value of $298.57, implying significant undervaluation.
NYSE:ZIMLong
by bigbull037
GOLD → One final step remains before a drop. The target is 2587.Hello, dear friends! Let’s discuss and strategize today's gold trading opportunities with Ben! As predicted yesterday, gold prices dropped to $2,608, delivering a profit of approximately 200 pips. This decline was driven by pressure from Wall Street’s underperformance, which bolstered the strength of the US Dollar and Treasury yields. Investors are now eagerly awaiting clearer signals about the Federal Reserve’s monetary policy for 2025. In reaction to these developments, the US Dollar Index rose by 0.4%, hovering near its highest level in over two years. This diminished gold's appeal for holders of other currencies. Additionally, the yield on 10-year US Treasury bonds increased, adding further weight to gold prices. Looking ahead, the market remains focused on the outcomes of last week's Federal Open Market Committee (FOMC) meeting. A more gradual rate hike trajectory for 2025 is currently under discussion, with speculation that the Federal Reserve may pause interest rate changes in January or March. From a theoretical perspective, in the face of a strong US Dollar, gold has limited upside potential. If sellers maintain resistance below $2,620 and push to break the support level, the pair could target $2,587 in the medium term. Best regards, Bentradegold!
OANDA:XAUUSDShort
by Bentradegold
BTC LONG 25/12/24 - SHORT TERM VIEW This is a Bitcoin price chart with two potential upward price movement patterns marked. Here’s a summary: Current Price Level: The chart indicates Bitcoin is trading near $98,640, with resistance and support levels clearly marked. First Pattern (Bullish Move): A potential price breakout towards the $102,650 level, continuing to the $105,230 level, following a bullish trend. Second Pattern (Pullback and Recovery): A potential pullback near $95,770- 96,370 before rebounding and breaking higher to the same levels as the first pattern. Key Levels: Resistance Levels: $100,640, $102,640, and $105,230. Support Levels: $96,370 and $95,770. Structural Stop-Loss Level: $93,500 for all long trades, as indicated by the "VIEW FAILURE" note. Technical Indicators: The chart displays moving averages 10 & 20, showing convergence near the current price, which may indicate the possibility of a trend continuation. This suggests a focus on potential upward movements while managing downside risk with a clear stop-loss level. This is my view - Trade at your own risk !
CRYPTO:BTCUSDLong
by BlitzkriegTrades
1