EURPLN Short Trade SetupAfter conducting an analysis on EURPLN, we are excited to present our trade setup.
This opportunity boasts a favorable risk/reward ratio, although it does require patience due to a longer waiting period.
Nevertheless, swing traders may find this setup intriguing and worth considering.
Sell-trade
AUD/USD Forecast: Analyzing the Future OutlookThe AUDUSD pair hasn't been moving much lately, which confirms that the bearish trend, or the expectation for prices to go down, is still in place for the near future. We believe this because a line called EMA50 is pushing prices down, and we're aiming for a target of 0.6300 as our main goal. To keep this expected downtrend going, it's crucial for prices to stay below 0.6400.
On Friday, we saw that the expected range of trading was between 0.6320 as the lowest point and 0.6410 as the highest point. It's important to watch these levels closely as you make your way through the market.
Monero XMR prediction for the end of the yearThis week we have the CPI report and the FED meeting. I expect the stock market to go down and cypto to fallow it.
My price target for Monero XMR for the end of the year are the following:
XMR/USDT short
Entry Range: $148 - 155
Price Target 1: $140
Price Target 2: $134
Price Target 3: $125
Stop Loss: $169
Chiliz CHZ Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Chiliz CHZ , which is overvalued.
CHZ/USDT short
Entry Range: $0.27 - 0.28
Take Profit 1: $0.24
Take Profit 2: $0.21
Take Profit 3: $0.18
Stop Loss: $0.32
Curve DAO Token CRV Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Curve DAO Token CRV, which is overvalued.
CRV/USDT short
Entry Range: $0.95 - 1.05
Price Target 1: $0.86
Price Target 2: $0.78
Price Target 3: $0.72
Stop Loss: $1.21
Polygon MATIC 3 Weeks Price TargetOn November 8th we will have the Midterm Elections in the U.S.
I think we will see a 3 week rally ahead of the elections, followed by a sharp decline afterwards.
The small bull run should start this week!
MATIC/USDT
Entry Range: $0.76 - 0.81
Take Profit 1: $0.87
Take Profit 2: $0.94
Take Profit 3: $1.03
Stop Loss: $0.68
Cardano ADA 3 Weeks ForecastOn November 8th we will have the Midterm Elections in the U.S.
I think we will see a 3 week rally ahead of the elections, followed by a sharp decline afterwards.
The small bull run should start this week!
ADA/USDT
Entry Range: $0.35 - 0.38
Take Profit 1: $0.46
Take Profit 2: $0.58
Take Profit 3: $0.69
Stop Loss: $0.31
Ethereum ETH Bear Market RallyFriday the S&P hit a new 52 week low, being oversold right now.
I expect a bounce in the stock market next week, which will determine a bear market rally in the crypto space too!
Hedera HBAR is one of the cryptocurrencies that have a lot of potential for a bull run.
ETH/USDT
Entry Range: $1300 - 1345
Take Profit 1: $1470
Take Profit 2: $1560
Take Profit 3: $1715
Stop Loss: $1195
Chainlink LINK Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
LINK/USDT short
Entry Range: $7.50 -8.00
Take Profit 1: $6.40
Take Profit 2: $5.10
Take Profit 3: $4.60
Stop Loss: $8.90
ApeCoin APE bearish sentimentNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
APE/USDT short
Entry Range: $5.30 - 5.65
Price Target 1: $4.58
Price Target 2: $4.19
Price Target 3: $3.20
Stop Loss: $6.15
Tron TRX Bearish SentimentNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
TRX/USDT short
Entry Range: $0.060 - 0.065
Price Target 1: $0.057
Price Target 2: $0.052
Price Target 3: $0.047
Stop Loss: $0.075
Solana SOL heavy coin inflow into exchangesNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
SOL/USDT short
Entry Range: $32 - 34
Take Profit 1: $29
Take Profit 2: $25
Take Profit 3: $22
Stop Loss: $38
yearn finance YFI Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
yearn finance YFI has a negative overall sentiment recently.
I have the following price targets:
YFI/USDT short
Entry Range: $9400 - 9550
Take Profit 1: $8400
Take Profit 2: $8750
Take Profit 3: $4600
Stop Loss: $11440
OMG Network bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
OMG Network has a negative overall sentiment recently.
I have the following price targets:
OMG/USDT short
Entry Range: $1.65 - 1.95
Price Target 1: $1.50
Price Target 2: $1.25
Price Target 3: $1.09
Stop Loss: $2.40
Kyber Network Crystal v2 KNC bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Kyber Network Crystal v2 KNC has a negative overall sentiment recently.
I have the following price targets:
KNC/USDT short
Entry Range: $1.63 - 1.99
Price Target 1: $1.45
Price Target 2: $1.30
Price Target 3: $1.17
Stop Loss: $2.21