XRP - Shift in Momentum in Action!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 XRP has been overall bearish , trading within the flat falling wedge pattern in red.
Moreover, it is hovering within a massive weekly support zone $0.5 - $0.6.
🏹 For the bulls to take over from a long-term perspective, a break above the upper red trendline and $0.6 resistance level is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Longterm
BUY EURUSDWe are monitoring EURUSD for a long term potential buy. Price has formed a strong support on 1.066 zone. We are expecting a strong bullish move to retest the level 1.0800 level. Stops are below 1.066 level. 1st Target is 1.07277, 2nd Target is 1.07500 and final Target is 1.0800. Use proper risk management.
NKE Leap Call / Long Term BuyNike is setting up for a long-term buy / leap call opportunity. The Jeanius Indicator/Screener gave the following reasons why:
Price fell through two untested lows, taking out sell-side liquidity. The indicator shows how much volume came from and how far price ran up from these lows.
NYSE:NKE is also testing a 3M uptrend line from the low of 2017 through the low of 2020.
The brilliant Jeanius Indicator printed "Combo" labels on the chart when this specific combination of multiple confluences has occurred in history!!
QNT ANALYSIS🔮 #QNT Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #QNT. It's a 12hr time frame breakout and it's ready for a bullish move of around 40% in for short term and around 80% in long term
💸Current Price -- $77.9
📈Target Price -- $139.3
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#QNT #Cryptocurrency #Breakout #DYOR
ETH/USDT 1d chartHello everyone, here's a quick review of the situation on ETH in pair with USDT on a one-day time frame. as you can see, we are moving in a triangle.
To determine support zones, we will use the Fib Retracement grid, thanks to which we have a visible zone from $3,254 to $3,056, but when the price breaks out of it, we still have support at $2,819.
looking the other way, we will define the resistances in a similar way and here we can see the first resistance at the price of $3,526, then the second one at $3,695, and then we have a strong resistance zone from $3,814 to $3,972.
SOL - Wait for Solana's ETF!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 SOL has been bearish trading within the falling channel pattern marked in red.
Moreover, the $100-$115 is a strong support and demand zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #SOLANA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCAD - Next Bullish Impulse Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDCAD has been overall bullish, trading within the rising wedge in blue.
Currently, USDCAD is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #USDCAD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Moderna - Correction Almost Done!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 MRNA has been overall bullish , trading above the trendline marked in blue.
Currently, MRNA is undergoing a correction phase in the shape of a falling channel.
Moreover, it is retesting massive support zone in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower blue/red trendlines acting as non-horizontal support.
📚 As per my trading style:
As #MRNA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURUSD: Weekly overview and opportunities
Reasons to Long:
Bearish long-term channel
Last break was bearish
Reasons to Short:
Near a demand zone that coincides with the bottom of the channel, which is around 1.0620
It seems that a weak short-term zone appeared around 1.0680
Conclusion:
I predict a slightly bullish week. However, I'll wait to reach mid-term zones that can be found between 1.0760 and 1.0720 to short the pair. I don't recommend taking long trades here unless you are a scalper or an extremely short-term trader.
TRX ANALYSIS🚀#TRX Analysis :
🔮#TRX has broken out of a symmetrical triangle pattern on the 3D timeframe💁♂️
The breakout of the bullish pennant pattern suggests a potential bullish move📈
Expect a bullish wave of around 15% in the coming weeks
🔰Current Price: $0.12300
🎯 Target Price: $0.14100
⚡️What to do ?
👀Keep an eye on #TRX price action. We can trade according to the chart and make some profits⚡️⚡️
#TRX #Cryptocurrency #TechnicalAnalysis #DYOR
BB ANALYSIS🔮 #BB Analysis - Breakout 🚀🚀
As we can see that there is a breakout of trendline in #BB in 12 hr timeframe. There is an instant support zone in #BB and making a bullish formation. Some time ago a reversal was coming from the same support zone and this time also a reversal is coming from the same support zone.
💸Current Price -- $0.4385
📈Target Price -- $0.8584
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#BB #Cryptocurrency #Breakout #DYOR
UNI - Playing around the resistance level#UNI/USDT #Analysis
Description
---------------------------------------------------------------
+ UNI's price is currently moving towards the resistance level around $14-$16.
+ If this resistance is broken, the price could head towards the next resistance around $30.
+ The subsequent resistance level is around $45, which is UNI's previous all-time high (ATH).
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VectorAlgo Trade Details
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Entry Price: 11.36
Stop Loss: 8
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Target 1: 14
Target 2: 22
Target 3: 30
Target 4: 45
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Timeframe: W
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
Stock of the Week: Whirlpool of India with Consistent Dividends
Fundamental Analysis:
NSE:WHIRLPOOL Whirlpool of India has shown consistent financial strength, making it a top pick for this week. The company has maintained higher dividends for the past seven years, highlighting its commitment to returning value to shareholders. As a prominent player in the household consumables sector, Whirlpool benefits from strong market positioning. Additionally, its liquid assets exceed any obligations, ensuring financial stability and flexibility.
Technical Analysis:
From a technical perspective, NSE:WHIRLPOOL Whirlpool of India is exhibiting a bullish double bottom pattern, which is a strong indicator of potential upward movement. The stock is currently in a buying zone, following a significant two-year breakout on the back of NSE:HINDUNILVR HUL news. This breakout is supported by higher relative strength compared to the broader market and a good volume range, indicating robust investor interest.
Trade Setup :
• Entry: Buy in the buying zone indicated in the chart
• Stop Loss: 1630.15
• Potential Upside: 2553 (35-40%)
BIRALACABLE LongNSE:BIRLACABLE Not for short term but if we see for long term view this could give good return what I think. Arguments says that very few negatives in which considerable is EPS that might lag before a good move.
These are my personal views and hope for suggestions from others also.
Disclaimer: This is the idea I am sharing for knowledge purpose for me and others and not for recommendation purpose.
PEPE ANALYSIS🚀#PEPE Analysis :
🔮As we can see in the chart of #PEPE that there is a formation of Descending Channel Pattern. #PEPE is consolidating in a descending channel.... currently waiting for breakout the pattern. Incase of successful breakout...... we can expect 50 % bullish wave in coming weeks📈📈
🔰Current Price: $0.00001150
🎯 Target Price: $0.00001743
⚡️What to do ?
👀Keep an eye on #PEPE price action. We can trade according to the chart and make some profits⚡️⚡️
#PEPE #Cryptocurrency #TechnicalAnalysis #DYOR
KCS - Strong Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 KCS has been overall bearish , trading within the falling channel in blue.
However, KCS is currently approaching the lower bound of the channel.
Moreover, it is retesting a strong support - the lower bound of its range.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #KCS approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DOT is approaching a potential rebound zoneHello everyone, I invite you to review the chart of DOT in pair with USDT, looking at the one-month interval. We can start by identifying the main downtrend line that the price is currently below. Going further, you can see that we are approaching a very important support zone marked with a red rectangle. In this situation, it will be important to maintain the price in this zone, because it may be a good place for accumulation and a change of direction. However, looking the other way, we can identify four places of resistance that the price will have to face before it moves towards a new high.
Bitcoin Retest Long 73000$Bitcoin retested $72,000 from the previous $62,000 price and reached a cup position. What happens now? We now know that $73,000 will test the price. But I can say that it is too early for the price to rise. We are in no hurry, we have time. So we are looking for an entrance.
Entry Target on Long: 62.300$
Stop loss: 60.000$
Teyk Proff 1: 66000$
Teyk Proff 2: 73000$
MAYURUNIQATH Breakout .
Massive Volumes.
Above all Key EMA.
Good for Short Term and Long Term.
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Exxon Mobile (XOM): Awaiting Long Term Entry at $65Our group has recently revisited Exxon Mobil Corporation (XOM), and while there hasn't been much change, it's worth reassessing. The stock has entered the zone between 100% and 138%, which we identify as the level for Wave A and has respected this level.
Long-Term Outlook:
We anticipate a significant downward movement over the long term, potentially reaching the $65 level. This is where we plan to make substantial long-term purchases. The range between $65.50 and $64.40 has been consistently respected, reinforcing our strategy to wait for these levels before entering the market heavily.
Short-Term Outlook:
In the short term, Exxon has been trading within a range for nearly a year and a half. It briefly broke below this range to complete the larger Wave (A)and then broke above it to finish the sub-wave A. We are now entering a potential Wave B zone.
Current Strategy:
- Long-Term: We are waiting for the price to drop to the $65 range before making significant purchases.
- Short-Term: We are monitoring the $104 to $100 zone, which looks attractive for a potential reversal. However, given the risk, we are not placing any entries yet and will wait to observe the market's reaction.