View on 1m We have an area of consolidation on the one-hour chart ranging from 44 cents up to about $0.46. If we can get a nice break above this 46 cent level I'll be entering for a long scalp up to roughly 49.3. Projected targets made with a simple Fibonacci extension. Wait for break ENTRY: 0.46 SL: 0.444 TP1: 0.4863 TP2: 0.512 DYOR Trade at your own risk
Long AGIX. Recommend viewing on a lower timeframe such as 1 minute or 5 minute. As we can see, a small but trusty bullish Pennant has been formed, which indicates that the price might increase to approximately $1.00. The basis for this trade is put together by observing multiple timeframes, where it can be seen that the price is currently breaking a previous high....
WLD just broke out of its two-day channel. It also passed through a bullish OB suggesting a potential entry point. Price could always continue going up from where we’re at right now (8.58), but I’m anticipating a pullback/retest of the OB for an entry point right around 7.6 to 7.8. Bearish divergence w/ MACD displayed in pink. Let’s see if it’ll take off without...
Wave 5 formed and ABC in process. Fibonacci zone utilized for target projection with stop loss placed below 5. Let's see if we can get some momentum and scoot on above 30!
Hey everyone! In on Solana. We can see here on the 1 HR chart that Solana has been making its way down a descending channel since our pump in late December. Over the last 24 hours, we have had a nice move down which resulted in a perfect retest and bounce at the bottom of our channel (Around 85.35). This now has the potential to be a beautiful long position. I...
Potential long trade with a break and retest of 0.051. At the beginning of the month we completed a formation of a descending triangle as seen here. The recent bearish price action appears to have been a false break to the downside (for now), however we will continue to watch closely BEFORE entry. The bounce at 0.039 did happen to occur at the 0.618 Fibonacci...
Hey everyone, TRB is getting ready for another energetic move! For the past day, price has been consistently rejected by strong resistance right around the area of $243. This introduced another bullish pennant formation, which we are currently working to break out of right now. Considering the volatility in the markets, I'm staying cautious here... waiting for a...
On the lever 1Hr chart, the downtrend formed a clear Inverse head and shoulders with the neckline sitting at 0.001982. Bullish divergence is also present as shown on the MACD in green. Waiting for a clear break of the neckline to confirm entry. Entry: 0.002 TP: 0.002268 SL: 0.001841
On the 15 minute chart, TRB is forming A bullish Pennant that looks like it's breaking out to the upside at this time. Fib projection places the 2.618 at the range of $235 to $245. Current price action is sitting at all time high so I consider this a risky trade. Entry: 206.49 TP: 244.6 SL: 201
CRV's current price is 0.685. We have broken through the order block (shown in red below) on the one hour time frame. An indication of bullish movement would be a valid retest of this order block. As price makes its way down with the rest of the market, we can anticipate a retest. Note the fair value gap at $0.671, just inside of our OB. This could be a potential...
Current setup for SOL as shown on 30m chart. We got held up just below the $100 mark on the previous move and formed this beautiful bullish pennant. We are now breaking out to the upside to continue the climb. Seems like a nice ole 1:6 if you ask me. Let's see if we take the glory or just end up in dump central like yesterday. Entry: 97.1 TP: 128 SL:...
Cardano on the 1HR chart looks as if it's ready to break out from this area of consolidation. There is clear bullish hidden divergence on the macd, along with the stochastic RSI being below 20. Waiting for a break of resistance to go long. Entry: 0.62 TP 1: 0.65 TP 2: 0.68 SL: 0.6
At the price of 11.20 - 11.30, there is an order block shown on the one hour time frame that was recently broken. As price has been bullish for previous weeks, it should be noted that upward momentum is somewhat exhausted at the moment. I believe that price will retrace to the mentioned order block and possibly down further to the 10.50 - 10.75 range. Contingent...
1000BONK on the 1Hr. Nice retracement lands us right at the .618 fib zone. Strong Bullish Divergence shown w/ MACD in purple. Looking for a long from here. My Entry: 0.022 TP: 0.293 SL: 0.1995 Trade @ your own risk
Price surpassed the previous high of 0.1504 and continued above, breaking the marked 4HR order block. A valid retest of the OB would signify an opportunity for a relatively strong long position, in my opinion. There is an unmitigated FVG (0.156) from May of this year that could serve as resistance for a bounce. If price nears the FVG and pulls back for the...
MTL has dropped over 10% in the past few hours and it’s a beautiful thing. I'm suspecting a possible bounce around the 1.33 to 1.34 range, and if indicated, will catch a long trade from there. My TA is plain and simple. Price was pulled down, level by level, in order to revisit and correct the market imbalances that developed over the last couple of days. Lucky...
Nice impulse wave formation with the top of 5 wave perfectly snugged in with previously tested resistance level. This gives some confidence to shorting with the corrective waves, rather than an upward continuation at this time. With DYDX seemingly being on the cusp of a bullish take off however, I placed my SL right above 5. Overall it looks to be a great trade...
LPT has had a good leg up and may continue up toward the 7.7 to 7.9 range where resistance exists. I am expecting a retracement back down to 6.6 (ish) as there is a large amount of liquidity just begging for some attention. Supported by Fib as well. The market will have to decide at that point, but my own opinion from analysis includes a continuation after...