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6/28 New Day New Idea..... Will the bulls save it GREATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT MORNING YALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!! 😏 😏 😏 06/28/2024 **News** ON THE BLOCK TODAY!!!! ***Personal Income and Outlays*** ⚠️ **RED FOLDER** ⚠️ 8:30 AM ET ***Chicago PMI*** 9:45 AM ET ***Consumer Sentiment*** 10:00 AM ET @everyone ***Midnight*** **CONSENTRATED CONSOLIDATION ** *#ES 5560.50* *#NQ 20131.50* 💰 **BUYSIDE**💰 ***#ES 5588.25***.--->Above this level we look for --->.... 🟢 5604 🟢 5616.75 🟢 5639.50 🟢 5653.25 🟢 5676.85 ***#NQ 20141.50***...---> Above this level we look for--> 🟢 20151.50 🟢 20201.50 🟢 20246.00 🟢 20292.25 🟢 20332.50 💰 **SELLSIDE**💰 ***#ES 5552.50***--- Below this level and we look for 🔴 5537.50 🔴 5509 🔴 5489.25 🔴 5468.75 🔴 5436.50 🔴 5406 ***#NQ 20092***---> Below this level and we look for 🔴 20052.25 🔴 20012.50 🔴 19956.5 🔴 19904.00 🔴 19880.25 🔴 19812.50 🔴 19775.25 🔴 19749.50 🔴 19693.25 🔴 19647.75
CME_MINI:NQU2024
by Stockqueenie
USDCAD: Multiple rejections, temporary bullish biasPrice has recently rejected the daily (D) ascending channel support level. Price then pushed up and broke out of the one-hour (1H) descending channel to form a higher high. Price then pulled back to retest support, forming a higher low. I expect price to continue to the upside. **Rationale:** - Ascending Channel Support (D) - Multiple Rejections - Elliott Wave Completion - Descending Channel Breakout (1H) - Higher High - Retest of Support - Higher Low **Disclaimer:** My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations. --- #scalping #intraday
Long
by Forexity
1
USDCHF: Recent Trendline Breakout, Temporarily BullishPrice has recently broken out of the (D) descending channel. It then pushed up to meet the (D) 50% Fib retracement level and proceeded to the downside to retest support. The price has now broken out of the (4H) downtrend line. I anticipate the price will retest and reject this level of support, and temporarily continue to the upside. **Rationale:** L1: ~ Break of channel (D) L2: ~ Retest of support (D) ~ Impulse wave completion L3: ~ Break of trendline (4H) ~ Retest of support **Disclaimer:** My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations. ** Annotations:** Categories: 1. Naming: (N1) 2. Labeling: (L1) 3. Forecasting: (F1) Sub-categories: 1. Naming: (N1.1) 2. Labeling: (L1.1) 3. Forecasting: (F1.1) --- #scalping #intraday
Long
by Forexity
3
NOT/USDT showing potential on the 4-hour timeframe!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. NOT/USDT is currently forming a falling wedge pattern, which can be a bullish reversal signal. The price is holding well around the support zone and the 50-day Moving Average (50MA). Here's what to watch: Breakout confirmation: A clean break and close above the upper trendline of the wedge would be a stronger sign of a potential uptrend. Either long here or you can wait for a clear breakout. Entry range:- $0.0150-$0.0155 Targets:- $0.017/$0.0192/$0.021/$0.025 SL:- $0.0138 Lev:- Use low lev(Max 5x)
Long
by CoreCrypto1
XRP: Bullish Setup Emerges - Time to Enter?Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! XRP looks very good in the weekly time frame. As you see in the chart, it is forming a symmetrical triangle-like structure and it is currently trading around the lower trendline of a symmetrical triangle-like structure on the weekly timeframe. This pattern can indicate a potential breakout in either direction, so further confirmation is needed. Here's what we're watching: Breakout confirmation: A clean break and close above the upper trendline of the triangle would be a bullish signal, potentially leading to higher prices. Support holds: Maintaining the current support level strengthens the case for a potential reversal. Accumulation Range:- $0.42-$0.47 Short-term Target:- $0.56/$0.68 Mid-term Target:- $2 What are your thoughts on XRP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
Ichimoku Watch: Nvidia Eyeing Ichimoku Cloud Support In three successive days of selling, triggered after a bearish outside reversal formed on Thursday last week from all-time highs of $140.76, Nvidia (ticker: NVDA) has shed approximately -15.0% from the peak. The company’s market value dropped more than US$500 billion to US$2.91 trillion, consequently pulling the chipmaker back to third place after briefly becoming the most valuable company in the world and surpassing Microsoft (ticker: MSFT) and Apple (ticker: AAPL). Behind the sell-off is a combination of the CEO, Jensen Huang, selling almost US$100 million worth of shares a handful of days before (and after) it became the world’s most valuable company, along with worries about the company’s effect on the broader stock market indexes, and profit-taking after what has been a meteoric rise. Ichimoku Cloud Support As can be seen from Nvidia's daily chart, the stock’s recent movement has easily crossed below the Conversion Line (blue at $129.40) and is fast approaching the Base Line (red at $116.28), which could deliver support. However, should further downside develop, the Ichimoku Cloud support (made up of the Leading Span A at $122.95 and the Leading Span B at $108.23) could be seen as a logical downside target for sellers in this market at the moment. You will also see that the chart offers support at $96.77 around the Ichimoku support zone. Price Direction? While it is unlikely that the party is over for Nvidia, the current correction will likely be viewed as an opportunity to get in at cheaper prices. Dip buyers, therefore, may seek suitable support levels to enter this market long. The combination of support just below $100.00 at $96.77 and the Ichimoku Cloud support area could be worthy of the watchlist.
NASDAQ:NVDALong
by FPMarkets
9
NEAR/USDT: ACCUMULATE HERE FOR 2X PROFIT!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. NEAR looks good here. It is trying to form an Adam&Eve-like structure in the daily time frame. As you see in the chart, it is holding the previous support range very well and bouncing from there. I'm expecting a good pump from here. Entry range:- $4.5-$5.5 Taregts:- $6.7/$8.2/9.4/$12 Invalidation:- Daily close below $4.4 What are your thoughts on NEAR's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
DOGE - Short Trade | Support is fallen #DOGE/USDT #Analysis Description --------------------------------------------------------------- + DOGE, everyone's favorite meme token, has broken its support and is heading into a free fall. + There is no significant support until $0.09, which presents a good trading opportunity. + I'm entering a short trade at the current price. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.11665 Stop Loss: 0.13552 ------------------------------ Target 1: 0.10860 Target 2: 0.10222 Target 3: 0.09132 Target 4: 0.08169 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- 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
Short
by VectorAlgo
ZCX - Excellent Support holding - Expecting Pump soon#ZCX #Analysis Description --------------------------------------------------------------- + Price is heading towards the strong support zone, this support held for long time + Expecting the price to bounce back after hitting this support zone + You can enter the position now, or when it hits the support. + SL is below the support line --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.16518 Stop Loss: 0.10819 ------------------------------ Target 1: 0.20471 Target 2: 0.25980 Target 3: 0.34376 Target 4: 0.46859 Target 5: 0.61632 Target 6: 0.91315 Target 7: 1.52410 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- 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
Long
by VectorAlgo
2
XMR - Monero is gonna explode soon#XMR/USDT #Analysis Description --------------------------------------------------------------- + The price has hit the resistance level and appears to be rejected from it (confirmation will come once the candle closes). + We can consider entering a long trade once the price retraces. + There is good potential in the bull run if the price bounces back after reaching the support zone. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 170.1 - 152.88 Stop Loss: 95.96 ------------------------------ Target 1: 183.27 Target 2: 240.56 Target 3: 295.61 Target 4: 370.83 Target 5: 469.02 ------------------------------ Timeframe: 1M Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- 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
Long
by VectorAlgo
A bounce back is imminent for ZRX.#ZRX/USDT #Analysis Description --------------------------------------------------------------- + The price is heading towards the support zone after reaching a local high. + The price is expected to consolidate in this support zone and bounce back from it. It's highly unlikely that the price will go lower than this. + If the price bounces back from this support, we can expect it to reach the previous ATH in this bull run. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.2959 - 0.3224 Stop Loss: 0.2461 ------------------------------ Target 1: 0.3889 Target 2: 0.5293 Target 3: 0.7136 Target 4: 1.1567 Target 5: 1.6046 Target 6: 2.0365 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- 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
Long
by VectorAlgo
1
Another run is coming soon - New ATH for INJ ?#INJ/USDT #Analysis Description --------------------------------------------------------------- + INJ has reached its critical support zone, and the price is currently bouncing back from it, presenting a good opportunity for a long trade. + I'm entering a long trade here with the stop-loss (SL) set below the support zone. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 21.4 Stop Loss: 13.4 ------------------------------ Target 1: 24.16 Target 2: 28.95 Target 3: 33.11 Target 4: 44.81 Target 5: 53.00 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- 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
Long
by VectorAlgo
BTC hovering around $60k: Short squeeze potential?Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! Welcome to this BTC quick analysis. Bitcoin (BTC) is currently trading at around $60k, and we might see a potential short squeeze in the charts. Here's what to consider: Support level: There is some support around $62k, which could hold if additional selling pressure eases. Market sentiment: You're right, recent price drops might make some retail traders hesitant to re-enter. Exchange & MM activity: Exchanges and Market Makers (MMs) may benefit from increased trading activity. However, their specific actions are difficult to predict. Important to remember: Short squeezes are not guaranteed: While some factors suggest a potential squeeze, it's not a certainty. Shorting with the crowd can be risky: Many traders might be hoping for a bounce at $60k, so shorting now could be a crowded trade. IMO, soon this dump will be over and we will see a good upside move this week. Let's see how the price reacts from here. What are your thoughts on BTC's current price action? What are you watching in the altcoin market? Share your analysis in the comments below!
Long
by CoreCrypto1