SynergyTradingSetups

SynergyTradingSetups Updated 

SRM is showing a great amount of accumulation and if this level holds then we should see significantly higher prices. Whoever is buying this should look to accumulate at this level for the next few days/weeks, when resolution comes and the accumulation period is finished then this asset could really explode. Having said that, it is a previous FTX token that...

SynergyTradingSetups Updated 

PYTH completed a type 2 return at a 0.886. Not the most formal harmonic but this has all that you look for when trading these patterns. Local level acting as support on the type two, clear exit points. Good luck.

SynergyTradingSetups Updated 

Etsy is backtesting a massive historical level after springing above it following a false breakdown. The false breakdown also completed a bullish shark at the 886 on the weekly. Full pattern and targets shown below.

SynergyTradingSetups Updated 

UA completed this bullish harmonic over 8 months ago. It hit our first tp of the trade set up before falling below the key level where we were stopped out. We do not have an open leveraged position on this asset but we are accumulating it at these levels as it has turned bullish again. The spring back above the key level and the backtest that has occurred...

SynergyTradingSetups Updated 

EUR/USD is showing clear bullish divergence within a beautiful falling wedge. The trade is not active yet and we are looking for two potential outcomes: 1 - A breakout and check-back to support where we would long. 2 - A retracement within the wedge, that would give us a potential for bullish divergence again and maybe even the lower support being touched. In...

SynergyTradingSetups

You can't ask for more. There are earnings in a week so lets hope they go quietly, we don't want any major swings. Let's see what happens and we will be back shortly with an update. Its funny because we've been analysing NVO closely and I accidentally typed NOV, just to get one of the best looking assets I've seen since BTC at 25k - in fact they are very similar.

SynergyTradingSetups Updated 

We posted a few hours ago a chart to show why we think the dxy will be bullish over the next few weeks. This can be a great opportunity to short an asset showing weakness against the dollar, such as the pound. GDP/USD in a perfect rising wedge where each higher high is increasingly marginal. The rounded top suggests lack of demand and when you couple this with...

SynergyTradingSetups Updated 

Dragon at demand zone. Many coins are showing this. I will post our long term set up tomorrow as well. Harmonic with an adam and eve pattern...

SynergyTradingSetups Updated 

After BTC hit the first target of our trade set up it collapsed more than 15% from it's high to low. It's not looking bullish on the daily timeframe and after hitting the 48k level we could very easily get a deeper retrace to sub 40k. Having said that, there is some hope. We have completed a bullish shark and reacted strongly off of it. We have stayed above 42k,...

SynergyTradingSetups Updated 

I posted this a week ago but not much has changed. It was taken down by moderators because I mentioned something that went against house rules. Nonetheless: ORIGINAL POST: Nio has double bottomed on the weekly at local level with bullish divergence on the MaCD. It is also showing a clear shift in momentum on the 4H and Daily timeframes. We took this position a...

SynergyTradingSetups Updated 

BTC has broken out, it was choppy for a while here but it has finally done it. We highlighted a bearish cypher in the last update and said that it was key to stay above 42k, that above 42k we remained bullish. Well we did stay above and the demand at that level ushered in this rally. We are extremely bullish as of right now. Everyone expects the 48k level to...

SynergyTradingSetups Updated 

ETC has broken above a key resistance zone and is currently holding it as support. It created at and eve bottom at a major support along with double bullish divergence on both indicators. We deem ETC as a great opportunity in the altcoin space that we believe is in great shape for a bullish run in the near future. Should ETC Break 23 dollars we see the next...

SynergyTradingSetups Updated 

AAVE is showing bullish accumulation similar to that on btc at 35k that brought us up to 44k pretty quickly. This would only be negated by a confirmed lower low. We hold this asset from the break of the right angled triangle and although it has been very slow in the past few weeks it seems as if it is shaping up for an aggressive upside move. Trade is pretty...

SynergyTradingSetups Updated 

XRP has been in an accumulation phase for over a year, we are confident that this accumulation phase will result in a substantial markup phase and so we have been accumulating for a while also. Our long term targets are posted below. If you were to play it in the short term then we are above a key level from history, possibly the most important one, showing...

SynergyTradingSetups Updated 

Monero is another asset that no one has been interested in for over a year. Yet there is clear accumulation going on, with a backtest of the old all time high as support as the first low and continuous higher lows subsequently. You could size this up by having the last low as your invalidation point. This asset looks incredibly promising, the only doubt is...

SynergyTradingSetups Updated 

Yesterday the community entered a long on BABA after we backtested a key level of significance and the falling wedge as support. The chart is prettty good, a completed harmonic below support, spring and break of the falling wedge to get above support before backtesting that level as support once again, whilst at the same time showing bullish divergence... No...

SynergyTradingSetups Updated 

I don't usually post trade setups that include eliott waves, however this one is really captivating. MOMO completed a 5 wave Impulse from its low before recently completing an ABC correction where the second wave completed at a perfect bearish bat, and then the wave hit its measured move below the key support level. The correction waves bottomed out at a key...

SynergyTradingSetups Updated 

DASH had recently experienced a pull back that brought it back from its key support level that was manufactured on the 9th of November 2022. We are taking this long with leverage as it is well defined with a clear exit strategy at or below a key level of significance. The asset is showing bullish convergence as none of the oscillators suggest buyer exhaustion.