Loopring completed very sneaky right shoulder just b4 goldencrssLoopring snuck in this extremely small right shoulder and price action has now retested the neckline as support right before Oo prints golden cross is set to occur. I’m guessing the breakout up from the inverseheadandshoulders is validated very close to when the cross occurs. *not financial advice*
Support
Long Thesis for Veritone (VERI)• Strong Support Level : The stock is holding near a robust support line around $2.50, which has consistently provided a floor for price action in recent months.
• Demand Zone : VERI is entering a recognized demand zone, historically marked by increased buying interest, making this a favorable region for potential price recovery.
• Entry Price Strategy : It’s advisable to consider an entry slightly below the current support line to account for potential short-term volatility, optimizing risk-to-reward.
• Short-Term Price Target : Expectation of a rebound with a target price between $4.50 and $5.00, representing a potential upside of approximately 70-90%.
This looks like a good opportunity for a rebound play. Keep an eye on the support levels and be ready to manage any risk if the stock moves unexpectedly.
Monthly chart triangle XRP is reaching apex We can see this monthly triangle that xrp has been forming since 2020 is nearing an apex. We can also see that, barring some sort of black swan, XRP is fairly unlikely to stay above 40 cents based on the extremely solid support of the triangles bottom trendline and the fact that the monthly 100 ma is now overlapping that trendline for double reinforced support. The top trendline has the 3 touches needed to be a valid line so it is suggesting a measured move of over $2. Of course being a monthly chart pattern it would likely take may months to reach the full target. *not financial advice*
XRP’s 3 hour chart 50ma climbing up through the bullflag A rare look by me at the 3 hour timeframe chart on XRPUSD. I normally don’t try to chart timeframes lower than 1 day because the chart patterns have a much lower success rate of reaching their full breakout targets. However I noticed that the 3 hour charts 50ma (in orange) has held as support since November 5th and is getting close to climbing its way up out of the bullflag here. If price continues to maintain solidified support on that 50ma, then it will validate the breakout up from this bullflag in the near future which will have a breakout target of around $2.00 . Of course being a small time frame, the 3hr 50ma could also easily flip back to resistance in which case we wouldn’t validate the breakout. For now probability favors the breakout upward slightly moreso. *not financial advice*
DOGE king of memcoins!Hello everyone, I invite you to review the DOGE chart, as we can see, the price has bounced perfectly from the strong resistance at the level of $0.48, which is at the so-called Fibonachi golden point (0.618), only when it breaks out of it the upward trend will move towards the level of $0.59 , only when it is overcome will the path towards the last peak at the level of $0.73 open.
Looking the other way, you can see support at $0.38, which kept the price on the correction. However, if this support is broken, we could see a drop to the strong support zone from $0.26 to $0.21.
It is worth looking at the RSI indicator, which shows how high we are, which could indicate an upcoming recovery, but we are in a bull market and the inflow of capital may trigger an upward movement again.
NEAR/USDT: READY FOR BIG MOVE!!🌟 Hey everyone! 👋
If you’re finding value in this analysis, don’t forget to smash that 👍 and follow for more high-value trade setups! 💹
🔍 Technical Overview:
NEAR Protocol (NEAR) is showcasing strong bullish momentum! 🚀 It has broken out from a bull flag-like structure, with a successful retest confirming the breakout. The 100MA support is holding firm, signaling a potentially massive rally ahead. This could be the perfect time to accumulate some and add more on dips within the given range!
✅ Buy Zone: $6 - $7
🎯 Targets:
Target 1: $10
Target 2: $22
Target 3: $38
Target 4: $48
Target 5: $62
🛡️ Stop Loss (SL): $4.78
💡 Why NEAR Protocol?
NEAR Protocol is a next-gen Layer 1 blockchain designed for scalability, speed, and developer-friendly applications. It’s built on Nightshade sharding technology, enabling super-fast transactions and low costs.
Key fundamentals driving NEAR’s bullish potential:
1️⃣ Growing Ecosystem – NEAR is home to many dApps, DeFi projects, and NFT platforms.
2️⃣ Backed by Big Names – Supported by renowned investors like a16z and Pantera Capital.
3️⃣ Interoperability – Seamless cross-chain communication with Aurora (ETH compatibility).
4️⃣ Mass Adoption – Rapidly expanding user base and developer activity.
With these fundamentals aligning with strong technicals, NEAR is poised for an explosive rally!
💬 What’s your take on NEAR’s price action? Are you seeing the same breakout potential? Drop your thoughts and analysis in the comments below, and let’s profit together on this exciting trade! 🚀
EURAUD - Doing It Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURAUD has been bearish trading within the falling channel in red.
Currently, EURAUD is approaching the lower bound of the channel.
Moreover, the zone marked in blue is a strong support.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the support zone and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #EURAUD approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
RENDER LongRender is currently experiencing volatility as it undergoes price discovery. Despite recent fluctuations, the chart continues to align with a long-term upward trend line, indicating sustained bullish momentum. After a recent dip, Render saw a soft bounce but will require significant buying volume to challenge resistance levels. Render appears to be in a favorable position for long-term investment. A continued upward trend is expected, with potential gains likely in October.
Support - $5.16
Resistance - $5.90
RSI - Neutral
Fear & Greed Index (Binance) - Neutral 49 ( as of 10/8/2024)
SUPERSuper has been powering through the uptrend since the beginning of September. Today, the chart indicates strong buying volume that strives to break resistance to the next resistance level. There is a red candle stick with a long wick and shorter body and a green candlestick with a long wick and longer body, indicating future bullish momentum. Indicators show lots of buying power, which will help with the upward trend for a future breakout.
Support - $1.24
Testing Resistance/Possible Support - $1.35
Resistance - $1.42
Fear & Greed Index (Binance) - 65 Greed
ETH, back to 4000 soon?Hello everyone,
considering the recent strong movement in ETH, I expect the bullish trend to continue towards 4000 within the next weeks. The green area (0,5 - 0,681 fib) should provide good support for new long positions.
Only a break below approx. 2800 would indicate a more bearish sight of the market.
Will ETC break out from the upper resistance?Hello everyone, let's look at the current ETC situation considering the one-day interval. In this situation, we can see how the price moved dynamically out of the local downtrend line, giving rise to a large upward move.
Currently, we can see the price approaching a strong resistance point at $34.50, the next resistance should be at the level of recent increases at $39.65, only when the price goes up, it will move towards $54.
Now let's move on to the stop-loss in case the price wants to turn back, and here there is support at the level of $28.40, then the price may quickly return to the level of $24, and only further we may have a strong drop to the support level of $19.
Looking at the RSI indicator, you can see that each rebound of the indicator gives new energy for a quick upward movement, which is worth keeping in mind until the BTC price starts making larger movements, increasing its dominance over the market.
AR Long Spot Trade (Support Retest)Market Context: AR has retraced to a significant support zone between $18 and $20, following a rejection around $24. This retracement offers a favorable entry point for a long position, with potential for a rebound toward higher resistance levels.
Trade Details:
Entry: Between $18.00 and $20.00
Take Profit Targets:
First target: $24.00 – $26.50
Second target: $32.00 – $35.00
Stop Loss: Just below $16.00
Rationale: The current support zone aligns with previous price action, suggesting a potential for upward movement. The risk-to-reward ratio is favorable, with a clear stop loss below the recent support level.
Note: Always conduct your own research and consider your risk tolerance before entering any trade.
Start of the impulse wave | DB breakouthello fellow traders,
Trent has taken support on ascending trendline and impulse wave of the bull swing at weekly time frame has started.
The the DB neckline breakout at daily time frame was the trend change confirmation.
The target 1 is 22% and target 2 is 42% from CMP respectively
Risk reward ratio for the target 1 is 1:2.37 and target 2 is 1:4.75
The FNO strategy is below:
Set the target values as shown in the chart to get the projected profits at the below link.
sbull.co
WIF/USDT: 50% PROFIT POTENTIAL TRADE SETUP!!Hey everyone! 👋
If this analysis hits home, make sure to smash that 👍 and follow for more profitable setups! 💰
🔍 Technical Breakdown:
WIF is showing strong bullish signs, forming a descending triangle in the 4hr time frame. It's bouncing off the lower support level, reinforced by the 200MA—a key support zone. Once it breaks out, WIF is set to rally toward the $5 mark! 📈
📌 Trade Setup:
Entry Range: CMP, and add more up to $2.94
Targets: $3.36 / $3.82 / $4.38 / $4.82
Stop Loss: $2.72
Leverage: Keep it low (Max 5x)
This setup screams breakout potential! 🚀 Are you seeing the same? Drop your analysis and insights in the comments below, and let’s ride this wave to profits together!
BTC did not break the $100,000 barrier!Hello everyone, I invite you to review the chart of BTC in pair to USDT taking into account the terval of one day.
As we can see, the price was moving in the downward trend channel marked in blue, from which we got a dynamic upward exit, and the increase itself was similar to the height of the channel from which it emerged.
However, here we can see that the historical moment of breaking through $100,000 turned out to be too great a psychological barrier at which we could observe the beginning of the recovery movement.
using the Fin Retracement tool, we can determine the levels to which the price can probably return and here, first of all, the support level at the price of $89,500 is visible, then the level of $83,800 is visible, but if the price goes lower, we can see a drop to a strong support zone from the level $74,400 to $68,000, which would result in a decline of approximately 27%. It is worth emphasizing that such corrections of 20-30% happen during a bull market.
BTC did not break the $100,000 barrier!Hello everyone, I invite you to review the chart of BTC in pair to USDT taking into account the terval of one day.
As we can see, the price was moving in the downward trend channel marked in blue, from which we got a dynamic upward exit, and the increase itself was similar to the height of the channel from which it emerged.
However, here we can see that the historical moment of breaking through $100,000 turned out to be too great a psychological barrier at which we could observe the beginning of the recovery movement.
using the Fin Retracement tool, we can determine the levels to which the price can probably return and here, first of all, the support level at the price of $89,500 is visible, then the level of $83,800 is visible, but if the price goes lower, we can see a drop to a strong support zone from the level $74,400 to $68,000, which would result in a decline of approximately 27%. It is worth emphasizing that such corrections of 20-30% happen during a bull market.
PARALLEL CHANNEL MODULEIn this analysis we are focusing on daily time frame for Gold. Here we are using parallel channel and order block combine with price action. Let's see what happens and which opportunity market will give us. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#XAUUSD 1D Technical Analyze Expected Move.
For now SOLUSD is retesting invh&s neckline as precise supportA good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least the monthly candle body can maintain this neckline as support, but we will find out soon enough. *not financial advice*
GOLD FORECASTIn this analysis we are focusing on 1H time frame for XAUUSD. Today I'm looking a potential sell.
Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#Gold 1H Technical Analyze Expected Move.
LTC/USDT 1D interval chart reviewHello everyone, I invite you to a quick review of the current situation on the LTC to USDT chart, taking into account the interval of one day. As we can see, the price moved sideways from the downward trend line, which resulted in dynamic upward movements.
Currently, we can see how the price has bounced off the very strong resistance zone from $106 to $113, only when we manage to move up from this zone will we be able to see an upward movement towards the resistance at $142.
Looking the other way, we can see support at $92, then we have a visible level at $82, if the price continues its downward movement, strong support will be found at $68.