TokenUSDT 50% Growth in just one WeekTOKENUSDT has established a strong demand zone around the $0.07 price level, marked by significant bounces on June 18 and just yesterday, July 24. These rebounds highlight that buyers are actively defending this support level, indicating potential bullish momentum ahead.
Given the current price action, we're anticipating a 50% rally in the near term. The key resistance to watch is around the psychological $0.10 level. This area is reinforced by both the Volume Profile and Fibonacci retracement indicators, making it an ideal target for mid-term bullish traders.
What makes this setup even more intriguing is the convergence of the resistance trendline and Fibonacci resistance around July 30. This suggests that the rally could unfold any time, and last just one week, offering an exciting opportunity for those looking to capitalize on this potential move.
M-signal
DOT - A Risky Opportunity for HoldingBINANCE:DOTUSDT (1W CHART) Technical Analysis Update
DOT is currently trading at $5.9 and the price is in a consolidation state. As we expect a bull market in crypto, it's likely that the price will bounce back from this consolidation zone. This is a good opportunity to buy some and hold in the spot market.
Entry level: $ 5.9
Stop Loss Level: $ 4.7
TakeProfit 1: $ 8.811
TakeProfit 2: $ 10.667
TakeProfit 3: $ 16.852
TakeProfit 4: $ 23.526
Max Leverage: 2x / Sport
Position Size: 0.5% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
KLAYUSDT is about to explode!Today we had a buy signal on KLAYUSDT, which offers a great risk/reward opportunity.
What we expect is the price to go for the top of the channel and also test 88.6% Fibonacci resistance.
DOW JONES - Long active !! Hello traders!
‼️ This is my perspective on US30.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block.
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HBAR could have completed long-term ABC correctionBased on the Elliott Wave theory, it seems that HBARUSDT has been undergoing an ABC corrective pattern throughout the past two months. The correction has ended right at the previous supply area, which has transformed into a demand zone.
Therefore, it is reasonable to assume that buyers are starting to be active from the current price and we expect quite a rally from this coin. By the way, out buy signal has triggered, with precise stop loss and exit price.
SILVER: Bullish Continuation & Long Trade
SILVER
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long SILVER
Entry Point - 29.050
Stop Loss - 28.410
Take Profit - 30.224
Our Risk - 1%
Start protection of your profits from lower levels
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AVAX/USDT - Long Idea
Dear Traders,
this is the idea i would like to post with you , I can see the potential buying opportunity in this crypto pair but consider this as a long term investment not as a day trading, the more you hold the more you get and prefer buying that in SPOT market so the risk will be less.
THIS IS ONLY MY ANALYSIS "TRADE AT YOUR OWN RISK"
Gold prices are under pressure due to the firmness of the USDTechnical Outlook: In last month's Weekly Gold Price Forecast, we noted that XAU/USD has "consolidated just above the 75% parallel over the past month... For now, the immediate focus is on breaking 2300-2333 range break - losses should be limited to the median so that October's uptrend remains viable with a close above 2431 needed to mark a continuation of the uptrend." The consolidation pattern broke higher the following week with gold prices soaring more than 8.6% from June lows.
Weekly support lies at the target monthly open/highest weekly close for May (HWC) at 2326/33 and is backed by a more significant technical hold at 2278/93 - one area defined by the 23.6% retracement of the broader 2022 advance and the 38.2% Fibonacci retracement of the 2024 annual range. A broken/closed window below this pivot zone would is needed to find a bullish market correction block rather than a return to the median line (currently ~2200).
The key resistance level remains at the record closing high/April High at 2415/31 and a weekly break/close above the upper latitude line (blue) would be needed to mark the continue the uptrend and complete the next big move in price. The next targets point to a 1.618% extension of the October bullish period at 2516 and a 1.618% extension of the 2022 bullish period at 2565.
XAUUSD : Gold returns to create upward momentumWorld gold prices tend to recover after falling in the previous session, losing the mark of 2,400 USD/ounce right after Joe Biden announced he would not run for the next US presidential election.
Previously, analysts predicted that after a sharp decline from a peak of 2,482 USD/ounce, gold could witness another sharp decline at any time, when the overbought volume is dominating, especially in if it falls below the psychological mark of 2,400 USD/ounce.
Gold can only stabilize or reverse the situation, when upcoming economic data will benefit this precious metal. In particular, the US June CPI - announced this weekend is expected to continue to decrease, which supports gold prices.
VIST Vista Energy Options Ahead of EarningsAnalyzing the options chain and the chart patterns of VIST Vista Energy prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $1.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AEHR Test Systems Options Ahead of EarningsIf you haven`t bought AEHR before the rally:
nor sold the Double Top:
Then analyzing the options chain and the chart patterns of AEHR Test Systems prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $0.98.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BX Blackstone Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BX Blackstone prior to the earnings report this week,
I would consider purchasing the 140usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $6.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Bitcoin - A Long Term Analysis - Cup and Handle PatternBitcoin has formed a promising cup and handle pattern on the weekly chart. Currently, the price is trading within the handle and appears poised for a breakout. A confirmed breakout from the handle could propel Bitcoin's price above $100K.
The handle formed during the correction period following the Bitcoin halving, which was anticipated. Fundamentally, a bull run is expected during the last quarter of 2024 and the first quarter of 2025, which suggests a natural price increase. Breaking the previous all-time high around FWB:73K would further drive the price upward, with my target for this bull run set at $140K.
For a safer trade, consider entering after a breakout above $73K. For those seeking an early entry, you can buy at the current price and hold until the peak of the bull run.
Stay tuned for more updates.
Cheers,
GreenCrypto
RCL Royal Caribbean Cruises Options Ahead of EarningsIf you haven`t bought RCL before the previous earnings:
Now analyzing the options chain and the chart patterns of RCL Royal Caribbean Cruises prior to the earnings report this week,
I would consider purchasing the 165usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $13.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
XAUUSD : Gold is recovering after a sharp declineWorld gold prices tend to recover after plunging in the last trading session of last week.
While investors are waiting for important reports at the end of the week, experts predict that the gold market may stabilize at the beginning of the week and will witness fluctuations after the inflation report. However, many opinions believe that the June core personal consumption expenditure index report may not create large price fluctuations.
Although gold is likely to decline in the short term, some experts say that will not affect the medium-term prospects of this precious metal. Accordingly, optimistic opinions are that the decline will not last long and gold is still strongly supported by interest rate expectations, geopolitical situation along with uncertainties surrounding the elections.
BTCUSDT - Weekly The Bitcoin weekly chart exhibits a pattern of three significant upswings, each nearing a 90% increase, followed by roughly 20% corrections after the first and second legs.
As we approach the halving event, a pullback of at least 20% seems plausible, suggesting a potential target around $58K.
Given this historical pattern and the cyclic nature of Bitcoin's price action, such a retracement would not be out of the ordinary.
Bitcoin: I Was Wrong! Learn From My MistakesIn my most recent Bitcoin analysis I talked about further bearish pressure and a bearish breakout from a bear-flag pattern.
That didn't play out as expected. Actually, BTC saw an almost 30% pump from the lows.
In this analysis I want to talk about what I did wrong and how you can learn from my mistakes.
Mistake 1: not zooming out and only focussing on one timeframe.
In the previous analysis I failed to see that BTC was actually trading at a support (bottom yellow line). Never short into a support and never long into resistance.
Mistake 2: the trend is your friend. Bitcoin has been trading in a dominantly bullish trend since January of 2023. Yes, there's been some dips here and there, but nothing crazy. It's more likely that BTC will go up that down over the next months.
Mistake 3: don't short when BTC hit's oversold on the RSI. Always keep an eye out for the oscillators (my favorite is the RSI). BTC has hit oversold on the daily for the third period since 2023, patient bulls will be buying!
In short, I was wrong. Should've done more research and follow simple trading rules. Learn from my mistakes and become a better informed trader.
For now, I'm waiting for a new all-time high to be reached. In which case, 100k is the next target. Let's hope for a great Q3 and Q4!
BTCUSD: Short Signal Explained
BTCUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short BTCUSD
Entry Point - 67117
Stop Loss - 69928
Take Profit - 62438
Our Risk - 1%
Start protection of your profits from lower levels
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SILVER: Bullish Continuation & Long Signal
SILVER
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy SILVER
Entry - 29.222
Stop - 28.695
Take - 30.155
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD Set To Grow! BUY!
My dear subscribers,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0881 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0905
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
NXPI NXP Semiconductors Options Ahead of EarningsAnalyzing the options chain and the chart patterns of NXPI NXP Semiconductors prior to the earnings report this week,
I would consider purchasing the 300usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $9.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NXPI NXP Semiconductors