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Spellusdt

#SPELL/USDT 1D (ByBit) Faling wedge breakout and retestSpell Token regained 50MA support and is pulling back to demand zone where a bounce towards 200MA resistance seems likely. ⚡️⚡️ #SPELL/USDT ⚡️⚡️ Exchanges: ByBit USDT, Binance Futures Signal Type: Regular (Long) Leverage: Isolated (2.5X) Amount: 5.1% Current Price: 0.000433 Entry Zone: 0.000434 - 0.000406 Take-Profit Targets: 1) 0.000499 1) 0.000558 1) 0.000617 Stop Targets: 1) 0.000354 Published By: @Zblaba $SPELL BYBIT:SPELLUSDT.P #SpellToken #MIM abracadabra.money Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +47.0% | +82.1% | +117.3% Possible Loss= -39.3% Estimated Gaintime= 3-9 weeks
Long
by TradingOn
Defi Token Pump $spell hasn't pumped.Defi Token Pump $spell hasn't pumped. Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern. In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows. Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows. If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips! A good upside target would be the height of the wedge formation.
Long
by Crypto-Adda_Official
Trading Signal For SPELLUSDT SpellTokenTrading Setup: There is a Trading Signal to Buy in SPELLUSDT SpellToken Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.0012712 ⭕️SL @ 0.0010511 🔵TP1 @ 0.0018517 🔵TP2 @ 0.0026240 🔵TP3 @ 0.0035550 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
7
SPELL - The Bullish Play SPELL has had relative strength lately and I feel nobody really noticed. Unless you zoom in down to current PA, it won't look like it has done much recently. That is not the case, SPELL has: - Broken out of two resistances (indicated in "breakout" and "s/r") - Flipped a key S/R level into support, thus breaking bearish market structure - Is developing a descending wedge (typically bullish) - Trading inside the current mid-range, not having broken the EQ as support, yet I try to ignore all those nasty wicks as random deviations, sometimes they can be helpful but I mainly try to stick to the candles for my key levels. If the market continues to see strength here, I imagine something like this playing out imo. A break below mid range and fakeout of the descending wedge to the bottom band of the range where our bullish order block remains, then a bounce and I'd target at least the upper band of the range and potential breakout if this rally is to continue. Just an idea, invalidated on a break below range low (bullish OB). Cheers!
Long
by cryptovatsik