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SPELL / TetherUS

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SPELLUSDT trade ideas

Spell Token (SPELL)On the above 2-day chart price action has corrected over 80%. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action corrects to past resistance/support. 3) Price action backtest is also the Fibonacci 0.236 4) Finally, the flag breakout projects a 150% target. Is it possible price action falls further? Sure. Is it probable? no. Ww Type: trade Risk: <=6% Timeframe: Longs from now until month end Return: 150%
Long
by without_worries
6
#SPELLUSDT (Watchlist) 6-2024SPell has rebounded off its main support level at $0.0007, showing a potential formation of a bullish pattern, possibly an inverse Head & Shoulders or a Cup and Handle. A breakout above $0.00185 could propel the price to $0.0036. Current levels suggest that averaging into a position now could be a prudent strategy, albeit with a cautious approach. It's crucial to monitor the key support level at $0.0007 closely, as falling below this could trigger a sell-off. Consider for Watchlist: When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges. PS: We avoid trading coins associated with gambling, prostitution, human trafficking, etc. Note: This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks. Best wishes to all, we ask Allah reconcile and repay. 🙏
Long
by HamadaMark
SPELL/USDT I BUY SETUP✔︎📈 BINANCE:SPELLUSDT SIGNAL ✔︎ENTRY : 0.0012200 🏓TARGETS : ✔︎ T1 : 0.0013196 ✔︎ T2 : 0.0014192 ✔︎ T3 : 0.0016183 ✘ STOP : 0.0011364 🚦Stop Trigger: • If you make capital management: Stop is activated when one candle opening and closing below the stop level of the same time frame of the signal. • If you don't make capital management: Stop is direct without waiting for the candle to close. 💡Risk management : • Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities. • Sell (25% to 50%) on (T1) and don't move your stop-loss. • Sell 50% on (T2) and move your stop loss to the entry point. • You are safe now, and the next 25% is up to you. 💡Reason for this trade: This trade gives my trading system a sign of strength: • My trading system is based on liquidity and reversal zones. • When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side. The liquidity will attract the price like a magnet. • the first side that has been swept: 1- range low 2- failure swing point • Opposite side targets: 1- range high 2- liqudity void 💡Entry setup 1- reclaim Volume profile VAL ⚠️WARNING: • I'm not a financial advisor. • Do your own research (DYOR).
Long
by HB_Trading1
SPELL/USDT Indicating continue upward movement after retesting.💎 SPELL has recently encountered significant developments in the market. Currently, it has broken out of the key supply area, indicating the potential for a retesting phase at the demand area of around $0.198 before resuming its upward movement and probability of reaching our target area. 💎 The demand area holds significant importance, as a strong bounce from this level could signal continued upward momentum for SPELL. However, if SPELL breaks down below the demand area, it would indicate a shift to bearish sentiment, with the next target being the support area. 💎 At the support area, for SPELL to continue upward, it needs to reclaim the level above the demand area. If this scenario fails, the price may continue to decline further.
by MyCryptoParadise_Nathan
2
SPELL has bullish signs! 🎗#SPELL/USDT 🎗 LONG Leverage: (10.0X) Entry Targets: 1) 0.0017765 2) 0.0016471 Take Profit Targets: 1) 0.0018957 2) 0.0020150 3) 0.0021376 4) 0.0022466 5) 0.0023521 6) 0.0024509 7) 0.0025565 8) 0.0026723 Stop Targets: 1) 0.0012180 🟡Chart is speaking it self! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck 🔴This is only an idea and not a financial advise ( NFA )🔴
Long
by Break-Points
1
SPELL BREAKOUT : ENTRY 0.0017 : TARGET 0.0026 : 12.03.24 BINANCE:SPELLUSDT next TP: $0.0026 ENTRY: ~$0.0017 This is part of a batched set of target posts. The objective is to provide entries and exits, so the writeup will be standardized. Suggested implementation strategy: Set a stop-limit order above the price if you're looking for a better entry so that if it runs unexpectedly, you'll not miss out.. Then take your time in trying to gain the lowest possible entry. If the price goes down during this period, move the stop-limit order down along with it.. Note that these targets are likely not the final end of runs, so holding on to these positions should be considered. If I remember I'll update their targets then.
Long
by Rebelmedia