LTC ANALYSIS🚀#LTC Analysis : What Next ??💲
✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #LTC and trading around it's descending trendline zone. We are expecting a bullish move in #LTC after a breakout of falling wedge pattern
🔰Current Price: $65.50
🎯 Target Price: $89.00
⚡️What to do ?
👀Keep an eye on #LTC price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#LTCE #Cryptocurrency #TechnicalAnalysis #DYOR
Longsignal
A Cloud Communication Pioneer with Strong Growth PotentialCrexendo, Inc. (NASDAQ: CXDO) recently reported impressive results for the second quarter of 2024, beating analysts’ expectations both in terms of earnings and revenue. The company posted earnings per share (EPS) of $0.07, surpassing the expected $0.05, and reported revenue of $14.7 million, also beating the forecasted $14.2 million
Growth Drivers
Crexendo continues to thrive as a leading provider of cloud communication platforms, video collaboration, and managed IT services. The company’s growth is driven by its expanding user base, which now exceeds 5 million on its platform. This places Crexendo as the third-largest and fastest-growing cloud communication platform in North America. The company’s ability to secure prestigious awards, like the INTERNET TELEPHONY Product of the Year, further highlights its industry leadership and commitment to innovation.
Financial Performance & Outlook
Crexendo’s strong financial performance is underpinned by its ability to consistently deliver high-value services that resonate with its customers, leading to robust revenue growth. The company is well-positioned to continue its upward trajectory, with analysts predicting further revenue increases and EPS improvements in the coming quarters.
Investors remain optimistic, as reflected in the stock’s recent upward movement. With a 52-week price range showing significant volatility, Crexendo is currently trading well below its highs, presenting a potential opportunity for value investors who believe in the long-term growth story of this cloud communications leader.
Conclusion
Crexendo’s strong Q2 results and impressive growth in its cloud communication platform underscore the company’s solid position in the market. As it continues to expand its user base and enhance its service offerings, Crexendo is poised for continued success in the rapidly growing cloud communications industry. Investors looking for exposure to this sector may find Crexendo an attractive option, especially given its recent performance and future potential.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
RARE ANALYSIS ( breakout is done )🔮 #RARE Analysis - Breakout 🚀🚀
💲💲 In daily time-frame,Falling Wedge Pattern is forming and a good breakout is done ✅
But right now we can see that #RARE retesting the levels. After that we will see a good bullish move 💯🚀
💸Current Price -- $0.0852
📈Target Price -- $0.1775
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#RARE #Cryptocurrency #Breakout #DYOR
Gold Rally – With Rate Cuts Near ✍️ NOVA hello everyone, Let's comment on gold price next week from 8/12 - 8/16/2024
🔥 World situation:
Gold prices continued to rise for the second consecutive day as traders remain confident that the Federal Reserve (Fed) might start easing policy at the upcoming September meeting. Rising tensions between Israel, Lebanon, and Iran also support gold ahead of the weekend. XAU/USD is trading at $2,432, up by 0.22%.
Recent US economic data indicates a slowing economy, though not enough to spark recession fears. Concerns following weak ISM Manufacturing PMI and July Nonfarm Payrolls (NFP) reports eased, as shown by the gains in US equities late in the New York session.
🔥 Identify:
Gold price recovers - important motivation for FED interest rate cut is getting closer - waiting for attention resistance zones next week: 2448, 2480, 2500
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2448, $2480, $2500
Support : $2405, $2387, $2352
🔥 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
Price Hits Key Support Zone at 0.992 with Potential for Rebound#ZIG/USDT #Analysis
Description
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+ The price has reached a critical support zone around the 0.992 range, and there are signs that it may be poised for a bounce back.
+ Support Zone: The price has hit the 0.992 support level, a key area that could provide a foundation for a potential rebound.
+ Bounce Potential: Current price action suggests a likelihood of a bounce from this support zone
+ RSI Divergence: A clear divergence on the RSI indicates a potential shift in momentum, further supporting the case for a possible rebound.
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VectorAlgo Trade Details
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Entry Price: 0.099014
Stop Loss: 0.076742
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Target 1: 0.110634
Target 2: 0.123872
Target 3: 0.140993
Target 4: 0.161473
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Gold price in uptrend !! Still expecting ATH✍️ NOVA hello everyone, Let's comment on gold price next week from 8/5 - 8/9/2024
🔥 World situation:
Gold prices are under pressure after hitting a two-week high of $2,477 earlier during the North American session. Data showed that the US jobs market feels the effects of higher borrowing costs set by the Federal Reserve as the number of Americans applying for work dipped. This bolstered the golden metal, which rallied over 1% before retreating. The XAU/USD trades at $2,430, down 0.60%.
Wall Street’s trade with substantial losses, as most equity indices plunged at least 2.20% after the US Bureau of Labor Statistics (BLS) revealed that July’s Nonfarm Payrolls (NFP) figures missed the mark, while June data was revised downward.
🔥 Identify:
The H4 uptrend is still quite clear, the trendline is beautiful for new growth, there are still many factors that help Gold reach a new ATH in the near future, typically the FED may cut interest rates in September 2024.
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2478, $2502, $2530
Support : $2420, $2372, $2354
🔥 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
Full Send Incoming - Through The Van Allen Radiation Belt We Go!Put on your oxygen masks ladies and gentlemen. The U.S. stock market is about to go ballistic.
You all know from my daily chart, we nearly hit the target of my inverse head and shoulders pattern to the dollar. Target was 570. One of my recent posts indicated that I was selling half at 560, taking my profit, and parking it in cash. But now, I will take that cash and pack my bags again as the market is getting ready to blow minds.
Literally, everyone is predicting a market crash soon. And that may happen. But not before a rocket launch to the moon that will rip faces off.
Pack your bags and BTFD folks. Ticket sales will be on fire for this rocket ride.
NZD / CHF !! recovering in a DOWN trend⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
Oversold signs - selling pressure gradually decreasing, expect a temporary recovery for NZD/CHF
⭐️ SET UP NZDCHF PRICE:
🔥BUY zone: 0.52200 - 0.52000 SL 0.51700
TP1: 0.52500
TP2: 0.52900
TP3: 0.53500
⭐️ 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
MDT ANALYSIS🔮 #MDT Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #MDT. It's a daily time frame breakout and we will see more higher price in long-term. After a successful retest, we could see proper a rally 📈📈
💸Current Price -- $0.04472
📈Target Price -- $0.11320
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#MDT #Cryptocurrency #Breakout #DYOR
PCE weekend news - Gold price tries to recover⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Meanwhile, XAU/USD demonstrated some strength beneath the 50-day SMA, buoyed by anticipation that the Fed will commence its rate-cutting cycle in September. This has kept the USD subdued below a two-week peak reached on Wednesday, helping Gold to draw in some buyers. However, upward momentum appears constrained as traders await the upcoming US PCE Price Index release on Friday, which could signal the Fed's policy direction. This data will likely influence USD demand and inject new momentum into the non-interest-bearing gold market.
⭐️ Personal comments NOVA:
Gold price H4 frame completes wave 5 ELLIOT, will sideways stabilize below 2400 creating more liquidity for the market
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2352 - $2354 SL $2347
TP1: $2360
TP2: $2368
TP3: $2375
🔥SELL GOLD zone: $2400 - $2402 SL $2407
TP1: $2390
TP2: $2380
TP3: $2370
⭐️ 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
Chart Idea - KASUSDT Swing Long SetupKASUSDT Long Setup
Confirmations:
- Weekly Stoch RSI cross over
- Bounced beautifully from 0.618 fib level of 0.097 range
- Successful retest of weekly bull flag breakout support which coincides with 0.382 fib level
Entry: 0.11
TP: 0.378
SL: 0.099
It’s a swing long which can play out in weeks if not months.
NOT ANALYSIS🔴 #NOT Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #NOT in 8hr time frame. We can expect around $0.02100 bullish move if the price brake the pattern.📈
⚡️What to do ?
👀Keep an eye on #NOT price action. We can trade according to the chart and make some profits. ⚡️⚡️
#NOT #Cryptocurrency #Breakout #DYOR
Gold corrects slightly after reaching ATH !!⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) rose to around $2,470 per troy ounce on Thursday, remaining near record highs as there is growing optimism that the Federal Reserve (Fed) will lower interest rates in September. Lower interest rates make Gold more appealing to investors as a non-yielding asset. Fed officials have expressed confidence in inflation aligning with their goals and are considering an interest rate cut.
⭐️ Personal comments NOVA:
Gold price had a 30 price adjustment when it peaked at 2484, the adjustment created liquidity for the market
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2440 - $2442 SL $2435
TP1: $2450
TP2: $2460
TP3: $2470
🔥BUY GOLD zone: $2432 - $2430 SL $2425
TP1: $2440
TP2: $2455
TP3: $2470
⭐️ 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
DOGE ANALYSIS🔮 #DOGE Analysis - Breakout 🚀🚀
💲💲 In 12hr Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #DOGE is trading around its crucial resistance zone and if #DOGE breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.11880
📈Target Price -- $0.22075
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DOGE #Cryptocurrency #Breakout #DYOR
XRP ANALYSIS🔮 #XRP Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #XRP. It's a daily time frame breakout and it's ready for a bullish move of around 25% in for short term and around 40% in long term
💸Current Price -- $0.5120
📈Target Price -- $0.7266
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#XRP #Cryptocurrency #Breakout #DYOR