SPELLUST trade ideas
SPELL LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
SPELL LONG SETUP
ENTRY : 0.0006140
PROFIT : 0.0009537
STOP : 0.0005156
#SPELLUSDT continuation of the downtrend📉 SHORT BYBIT:SPELLUSDT.P from $0.0009866
🛡 Stop Loss: $0.0010430
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:SPELLUSDT.P remains in a downtrend, forming lower highs and lower lows. The price failed to hold above $0.0010000, signaling weak buying momentum.
➡️ POC at $0.0010250 suggests that major volume accumulation is above the current price, reinforcing the bearish outlook.
➡️ If the price stays below $0.0009866, a continuation towards $0.0009485 and $0.0008901 is expected.
➡️ Volume remains moderate, indicating declining demand and a likely continuation of the downtrend.
⚡ Plan:
📉 Bearish Scenario:
➡️ Enter SHORT from $0.0009866 if price confirms rejection at resistance.
➡️ Risk management with Stop-Loss at $0.0010430, above key resistance.
🎯 TP Targets:
💎 TP1: $0.0009485 — first profit-taking level.
🔥 TP2: $0.0008901 — major support zone.
🚀 BYBIT:SPELLUSDT.P Expecting a continuation of the downtrend!
📢 BYBIT:SPELLUSDT.P remains under selling pressure. If the price holds below $0.0009866, further downside movement towards $0.0009485 and then $0.0008901 is expected.
📢 However, if the price reclaims $0.0010430, the bearish scenario could be invalidated, leading to a potential upward correction.
#SPELL (SPOT-INVEST) IN(.00051- .00070)T.(.0120) SL( .0004663)BINANCE:SPELLUSDT (DEFI)
Entry (.00051- .00070)
SL 1D close below 0.0004663
T1 .0020
T2 .0028
T3 .0044
T4 .0120
Extra Target .0200
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
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This trade advices.
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1- this coin may give you more than 10X in the end of bull market if you could hold it with market volatility
2- after crossing .002 nothing will stop this coin to achieve all the targets
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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Unlock the Magic of SPELL: A Strategic Buy Trade Idea Description:**
Discover the potential of **SPELL**, the native token of the **Abracadabra.Money** ecosystem, with this strategic buy trade idea. **SPELL** powers a decentralized finance (DeFi) platform that enables users to mint interest-bearing tokens (ibTKNs) using collateralized assets. This innovative approach to lending and borrowing has positioned **SPELL** as a key player in the DeFi space.
The **fundamentals** behind **SPELL** are compelling. The platform leverages the growing demand for yield-generating assets and decentralized financial services. With the increasing adoption of DeFi and the integration of **SPELL** across multiple blockchain networks, the token is well-positioned for long-term growth. Additionally, the team’s commitment to expanding utility and partnerships adds further credibility to the project.
However, **crypto trading** comes with inherent risks. The volatile nature of the market means prices can fluctuate dramatically in short periods. Always conduct your own research and consider your risk tolerance before entering any trade. This idea is for informational purposes only and should not be considered financial advice.
**Disclaimer:** Trading cryptocurrencies involves significant risk, including the potential loss of capital. Past performance is not indicative of future results. Ensure you understand the risks and consult a financial advisor if needed. This trade idea is not a recommendation to buy, sell, or hold any asset.
Unlock the magic of **SPELL** and explore the opportunities in the DeFi space with confidence and caution.
SPELL is set for a bull run aheadThe liquidity pools are located at the top of the chart. The upper pivots have been used up. This is suitable for Spot trading. After clearing 0.00014580, we can initiate a BUY when the price returns to the green zone and hold the position until it reaches the red zone.
To manage risk and control traders' emotions, target levels have been provided where traders can take profits in stages and move their stop-loss higher.
A candle closing below the invalidation level will invalidate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SPELLUSDT (SpellToken) Updated till 18-01-25SPELLUSDT (SpellToken) Daily timeframe range. PA tried at 0.0011704 but seller overcome that resistance. depend on cool down if buyers hold on to it in mid level than we can see another push. local support 0.0006925 if holds, there will be always another chance.
Some results 🔥 PremiumTraders AI Indicator - SPELL/USDT 1H Results 🔥
📉 SHORT WIN: -34.82% gains locked in!
📈 LONG RALLY: +20.91% profits secured!
🔍 Performance Metrics:
Winning Trades: 48/58
Our AI-powered indicator continues to deliver exceptional results. Whether short or long, we ensure precision and consistent performance! 💰
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#PremiumTraders #CryptoSignals #AITrading #SPELLUSDT #TradingView
Spellusdt buy opportunitySPELLUSDT is currently exhibiting a large inverse head and shoulders formation, with the price presently forming the right shoulder. This pattern is typically a bullish reversal indicator, suggesting potential upward movement. Our focus should be on the accumulation zone, which presents a promising buying opportunity. The key price targets are indicated on the chart, providing a roadmap for potential gains.
The primary phase of volatility is anticipated to commence once the price breaks above the neckline zone, confirming the pattern and potentially leading to a strong bullish trend. We should prepare for increased market activity at this critical juncture. Patience and strategic positioning in the accumulation zone will be essential for maximizing potential returns.