NASDAQ:MDLZ announced it would like to buy NYSE:HSY which led to a drop to $60. The sell-off came with a high volume and an oversold RSI. The buyers were able to buy the stop up to $61.44 getting it into the support zone. The sell-off did also respect the current bearish channel we're in. From this point on we could see a little bounce or the start of a new...
🐂 Trade Idea: Long - BA 🔥 Account Risk: 15.00% 📈 Recommended Product: Stock 🔍 Entry: +/- 149.00 🐿 DCA: No 😫 Stop-Loss: 135.00 🎯 Take-Profit #1: 260.00 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a...
Altcoins, including BINANCE:SOLUSDT , got hit today and tumbled more than 10%. Nevertheless, the situation remains bullish overall. Solana hit support at $204.00 and bounced right off from it. We're currently targeting the last HH (higher high) at $260.00 which could give us up to 26% in return for this trade. Of course, if we break below $204.00 and close the...
Crypto got a 10% slap over the last hours and altcoins like BINANCE:LINKUSDT are currently giving setups for both, long and short. As for now LINK holding above the $22.50 support zone means we're still in play for a long move up to $27 which would result in 15% return. If we brake that support we should wait for a short confirmation and enter a short trade to...
The CAPITALCOM:US100 bounced from the upper side of it's wedge where it marked it's new ATH. On the way up we opened two gaps (red in the chart) which are still left to get closed. We also see a RSI divergence which implies we've seen the top for now and are heading lower (at least for the time being). Current targets would be the support at $21,184, then the...
NYSE:UNH dropped after the tragic death of UnitedHealthcare CEO (not UNH Group CEO) as well as public backlash. Nevertheless, as always in such situation, this has nothing to do with the stock itself. As price action traders we do not trade political or news events since those drops have an unimportant impact mid- to long-term. UNH now sits on the support zone...
Since my last BINANCE:XRPUSDT Trading Idea the altcoin consolidated more sideways and breached the trend line. Nevertheless, as long as the support zone at around $2.18 is holding, the setup remains intact. Bitcoin still hovers below $100K and tries to break out to the upper side. This will be the catalyst for this trade. Same goes for most of the other...
🐂 Trade Idea: Long - REGN 🔥 Account Risk: 20.00% 📈 Recommended Product: Stock 🔍 Entry: +/- 738.00 🐿 DCA: No 😫 Stop-Loss: 660.00 🎯 Take-Profit #1: 1,200.00 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not...
Ripple / XRP is currently one of the coins with the most momentum. As we all know, this is very important for trend following models. As you can see, XRP holds the current trend line and repeats a pattern it already did two times within this short bullish trend. As $3 is a very important mark (and a round number too) I assume we will see a 25% move within hours...
Our first altcoin season of this crypto cycle is currently underway and BINANCE:DOGEUSDT is profitting from it. After rising over 200% within days DOGE is at the end of its consolidation period and nearing a potential breakout which could pump the coin to it's all-time high at around $0.74. Based on the ascending triangle setup we should at least get 35% within...
Hello everyone! Today, I’m excited to dive into my latest analysis of the Bitcoin cycle, showcased through a weekly view chart that breaks away from conventional wisdom. Rather than adhering to the often-disputed parabolic curves that have been a staple in crypto charts since 2017—curves which have consistently either underperformed or overshot the mark—I'm...
Very strong setup here. Ferrari respects the SMA200 for years and did touch the SMA200 and bounce from it. It also respected the current trendline and the SMA200 and trendline bounce did happen at the 23rd Fib retrace level. Very bullish setup. -- 🐂 Trade Idea: Long - RACE 🔥 Account Risk: 20.00% 📈 Recommended Product: Stock 🔍 Entry: +/- 426,00 🐿 DCA: No 😫...
🐂 Trade Idea: Long - NDX 🔥 Account Risk: 5.00% 📈 Recommended Product: Knockout / Option 🔍 Entry: +/- 19.050 🐿 DCA: Yes, down to 18.700 😫 Stop-Loss: 18.660 🎯 Take-Profit #1: 19.470 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how...
🐂 Trade Idea: Long - ACCO 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout / Option 🔍 Entry: +/- 5.57 🐿 DCA: No / Yes, up to or down to xxx.xx 😫 Stop-Loss: 4.75 🎯 Take-Profit #1: 6.39 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no...
🐂 Trade Idea: Long - AMD 🔥 Account Risk: 1.00% - 5.00% 📈 Recommended Product: Knockout / Option (for 1.00% position) or Stock (for 5.00% position) 🔍 Entry: +/- 108.00 🐿 DCA: Yes, down to 102.89 😫 Stop-Loss: 93.05 🎯 Take-Profit #1: 132.82 🎯 Take Profit #2: 150.00 🎯 Trail Rest: Yes (trail after TP #1) 🚨🚨🚨 Important: Don’t forget to always wait for strong...
Procter & Gamble is in a weekly uptrend but was hitting its „head“ on the 158.00 resistance. After consolidating there it fell through the local higher low, building a new lower low and is currently retracing to that former local low which acts now as a resistance. The stock showed large sell volume on that resistance last friday which suggests we might se another...
With the test of the support at 24,500, Bitcoin has successfully tested the last big untested level. Since the levels below have all already been tested successfully, an upward move was the more likely outcome. At present, there are many technical indications of further upside potential. Bitcoin is currently consolidating bullish at the 2023 high and a very strong...
🐂 Trade Idea: Long - VLO 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout / Option 🔍 Entry: +/- 116.75 🐿 DCA: No 😫 Stop-Loss: 107.99 🎯 Take-Profit #1: 127.09 (75%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look....