Pump
ORDI - A SHORT is short#ORDI/USDT #Analysis
Description
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+ The price is steadily following the channel, and the overall trend is bearish.
+ I don't anticipate this trend changing direction in the near future, so I'm opting for a SHORT trade here.
+ I expect the price to reach the resistance line and then retreat back to the support level.
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VectorAlgo Trade Details
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Entry Price: 38.938
Stop Loss: 42.416
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Target 1: 36.416
Target 2: 34.654
Target 3: 30.995
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Timeframe:
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Good Opportunity for LONG trade if price pumps backBINANCE:FLOWUSDT (1W CHART) Technical Analysis Update
FLOW is currently trading at $0.902 and price is hovering around the support zone. Im looking at the price to pump back up as the price has already hit the support zone.
We can expect pull back but that will be a good opportunity for a DCA. You can enter a LONG trade at the current price and do DCA if the price pulls back to the support zone again.
Entry level: $ 0.904
Stop Loss Level: $ 0.652
TakeProfit 1: $ 1.011
TakeProfit 2: $ 1.160
TakeProfit 3: $ 1.416
TakeProfit 4: $ 1.772
Max Leverage: 4x
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto
APE is ready to go up As it is clear in the picture, APE is in an ascending structure and now it has grabbed the liquidity of swing low of the structure and created an MPL zone and also created a SCOB confirmation on touching this MPL.
Therefore, I expect the price to grow up to 2.45 to 2.676.
If it could close blow the 0.97 then this analysis will be faild .
This is a personal analysis and opinion and not a financial recommendation.
DOGE is Ready to go up!As you can see, Doge is in a minor bullish structure and has recently collected the liquidity of minor structure inducement (IDM.i) and created a SCOB confirmation.
Therefore, I expect growth at least until reaching the swing high of the minor structure at the price of 0.2293 $
This is my personal oponion and its not a financial advice.
DIPS ARE FOR BUYING ! Don't get SCAREDBitcoin (BTC) has been trading within a horizontal accumulation pattern on the 4-hour timeframe. This pattern is characterized by a period of price consolidation within a defined range, with multiple attempts to break out to the upside or downside but ultimately failing and returning within the range. This price action often indicates that there is significant liquidity built up on both sides of the range, waiting for a catalyst to break the pattern.
Significant Liquidity Above and Below the Range:
BTC has formed significant liquidity levels above and below the horizontal accumulation range. These liquidity levels represent areas where a large number of buy or sell orders are clustered. The supply of these orders at specific price points can act as support or resistance, influencing price movements.
Large Imbalance Below the Range:
On the 4-hour timeframe, BTC also exhibits a significant imbalance between $51,000 and $59,000. This imbalance suggests that there is a larger amount of sell orders than buy orders within this range. Imbalances can sometimes act as magnets, pulling the price towards them to fill the excess orders.
Potential Breakout Scenario:
Based on the horizontal accumulation pattern, liquidity levels, and imbalance, I anticipate a potential bullish breakout for BTC. Two possible scenarios could play out:
1. Retest of 0.5 Fibonacci Retracement:
The price could retest the 0.5 Fibonacci retracement level of the imbalance, around $55,000. This retest could serve to shake out weak hands and further accumulate liquidity before a breakout.
2. Sweep of $59,000 Level and Breakout:
In a more bullish scenario, the price could sweep through the $59,000 liquidity level, indicating strong buying pressure and potentially leading to a breakout towards $77,000, the next major resistance level.
Overall Outlook:
BTC's price action suggests a potential breakout from the horizontal accumulation pattern. The presence of significant liquidity levels and an imbalance below the range further supports this possibility. While a retest of the 0.5 Fibonacci retracement level is possible, an ideal scenario would be a sweep of the $59,000 level and a continuation of the uptrend towards $77,000.
RED is for buying! gotta bet on this one! Afternoon fellas,
Figured I'd come back with another one during these red days...
Pumped the other day and I did sell some. But looking into this setup following up the previous pump.
This post is also a follow-up from the previous post. Check it out!
Trade thirsty.
Fetch.AI (FET): Survived a near Stop-Out. Next Stop $3.10?At Fetch, it was extremely close, but our stop-loss was not triggered. So yes, you could say we were lucky; the 50% held up. We believe we have now stabilized and are expecting this rise to $3.10. That's the target for us. As mentioned, we don't expect to fall again and retest this low. However, it wouldn't be impossible to see a smaller dip before we continue to rise.
Chainlink (LINK): Oversold and Undervalued. Surge to $37+Finally, after a long wait, we got filled on Chainlink, and we entered at $12.93. This is our entry point. The entry is holding up quite well and solid so far. We still see strength in Chainlink and we do not believe that our large stop-loss will be triggered. Also, for the first time since May 2022, the RSI has fallen into the oversold area, which is another sign of how strongly Chainlink has been sold off. We are holding on to this and still expect an increase to at least $37.45, probably even to $47.45.