Mid term investment: You can start accumulating UNI as it's trading at the bottom of it's range. Keep in mind this is an investment and not a trade. Start accumulating here for the targets of 28-31 and 44. I am investing 20% of my long term portfolio now and keeping 30% for averaging it later.
SAND is currently at strong support but looks like it will break it this time. Wait for a daily closing below 4.40 to short it for 4.06 and 3.73. Will update with the stoploss once the trade is active.
Got rejected from the trendline and formed a high volume shooting stat. Short at current price for target of 1.36
USD/CAD pair has given a bearish macd signal on the weekly timeframe and RSI is still in the bearish territory. Took support from the trendline and 0.5 fib level. Breaking the trendline will lead 1.23723 and 1.22958 which is a strong support. If it breaks the trendline, you can open short positions.
High risk trade call: ICP has made a double top on RSI and there is a divergence on the 30min chart and the hourly chart. Buy 10% at current price and another 10% if it gives an hourly closing above EMA15 hourly. Stoploss: Below 28.5 Target: Top of the trendline.
Trade call: If sxp gives a 4h closing above 1.75, open a long position for the target of 1.84 and 1.97. However, if it gives a 4h closing below 1.6, go short for the target of 1.4.
Atom is heading towards the major resistance zone again. Looks like the resistance is getting weaker, RSI bounced back from the bullish zone as well. Closing a daily candle above $45 will take it to $59-$60 zone. Sharing the atom/btc chart as well.
Looks like matic got heavily rejected from the important resistance of 2.44. 1h candle closing below 2.30 will call 2.22 and 2.18. Once the trade is active, keep stoploss as 1h candle closing above 2.31.
Luna is facing resistance from the falling trendline. Small short risk can be taken here at the current price for the target of 75.5 with stoploss above 81.5
TRADE CALL: DOT is currently at strong support. Wait for daily closing below 23.5 to short it for 18.8-17.8. Once the trade is triggered, use 4h closing above 25.3 as your stoploss.
Looks like ADA is trying to break below 1.19. Short on strength strategy should be adopted. Trade Plan: If it gives a daily closing below 1.19, short it for the target price of $1.04-0.94. That is a major support. Stoploss:4h closing above 1.25.
Quite risky trade so do not put more than 20% in this trade. Retested resistance as support and heading towards 29. Buy at current price. Target: 29 Stop loss:24
1INCH is currently at strong support level. For risk tolerant traders: Buy between $2-$2.4 with stoploss of $1.6 and target price of $3.5-$4. For risk averse traders: Buy after a 4h candle closes above $3 for the tp mentioned above. Do not invest more than 20% of your portfolio.
BTC finally broke the major support and it's heading towards $40800-$39800. Breaking that level will call $37500 and $31000-$29500.
Atom is taking a bounce from 25.9 but the volumes are not supportive. I'll wait for some more price action to go long. Break of 25.9 will call 21 and 17.5.
EUR/CAD is forming higher highs and higher lows on the daily timeframe now. Buy at current price i.e. 1.44129. TP 1: Top of the trendline Tp 2: 1.45559 Stoploss: 4h closing below ema21
Posted Atom's chart on 19th November. Went long at 22.35 and closed the trade at 43. Booked profit of almost 93%. Check the comment to look at the previous chart.
ADA is heading towards 1.5-1.45. That is the zone where we might see bullish reversal.