hi traders, It looks like bears are in control. However, I can see a potential set-up to play the bounce. The recommended strategy for bulls: - entry price: 115$ looks like a good level to long. - Tight stop loss at 112$ - Target: 128$, Risk-reward ratio: 5,01 Good luck
hi traders, GOOGL ready for more downside. The monthly time frame is pretty straightforward here. Huge bearish engulfing is almost confirmed. STOCH RSI with a bearish cross. It's a time to retest the 50 simple moving average. Bears will drag the price towards 135$ where we should see some bounce. Lower prices are coming. Check out our SPX analysis:
hi traders, BABA has been pumping for the last few days. NIO is a lagger and the price remains under the downsloping resistance line. Once we get a successful breakout, expect the rocket to launch. 72% gains in the next weeks are very likely. Don't miss it out!
BABA stock has been in a long-term downtrend. We're expecting the price to continue droping as it looks like it got rejected from the downsloping resistance line on the weekly timeframe. What we can see on the chart is a pattern called a falling wedge. Most likely the price will revisit $60 or lower but eventually we expect the breakout in Q2 or Q3 2023. How...
Are you still waiting for lower prices ? Buying lows from 2016 was not cheap enough for you? Baba created higher lows structure on weekly. Looks mega bullish. Expecting more upside soon Target 1: 170 $ target 2: 200 $ Stop loss: 76,50 $
hi traders, Let's have a look at the BABA chart on the 1D time frame. After a massive rally, BABA experienced a deep pullback, but it looks like it might be time to load up on BABA again. BABA is still in our buy zone but we're expecting the trend reversal soon. Probably US market will experience some sort of pullback in its bull market and in this period we're...
hi traders COIN stock looks bad. Monthly close is upon us and it looks like it's gonna be a bearish engulfing candle. In the next few weeks I expect a bounce and retest of the previous support around 245$ where we should get a rejection and the continuation of the downtrend. We can see a bearish divergence in the monthly time frame. COIN's chart looks pretty...
hi traders, BTCUSDT looks very bad. Monthly close is upon us and it looks like it's gonna be a bearish engulfing candle. I expect a bearish retest at 90-92k and next the continuation of the downtrend. We can see a bearish divergence on the monthly time frame. BTC will follow SPX. Feel free to check our SPX analysis: Be patient and buy BTC around 60-70k. Good luck
hi traders, This is probably not what most traders want to see but we must be realistic. The monthly close is upon us and it's not gonna be a bullish close. A lot of selling pressure and it may be just the beginning. A 13 % correction on SPX is more than likely in my opinion. If the price loses the upsloping support, we will see the mark-down pretty soon. Stoch...
hi traders, Unfortunately, the market was brutal for us last night and all altcoins crashed hard. The good news is that the bottom is already in or it's very close. Don't be surprised if ICX makes new all-time low before starting the uptrend. The falling wedge pattern should result in a bullish breakout sooner or later but to be honest, it looks like it may be...
hi traders ICXUSDT hasn't performed well recently, but it may be time to be bullish on ICX again. Bullish divergences formed and the price is in the low-risk area. Easy to strategize the trade here. Risk/Reward ratio: 8,08 entry, target and stop loss are shown on the chart. Good luck
hi traders, Let's have a look at the APTUSDT chart on the daily time-frame. As we can see the price has been in a downtrend but it looks like it's approaching the buy zone. We expect the bounce from the upsloping support line. Buy zone: 5,80$ -6,60$ 2 targets: 1. 15$ 2. 19$ There will be some profit-taking when the price reaches the downsloping resistance line...
hi traders, ATOMUSDT chart looks interesting . Bullish divergences on the daily time frame. The price is still in the low-risk area. If the bullish momentum continues, we expect even 65 % pump within the next few weeks. Stop loss can be placed below 5,50$ Good luck
hi traders, Recently we shared this idea where we expect the price of ALGO to rise: There's not much changed but the price has been forming the bullish pennant. Anyway, all the ways lead to 0,70$ Patience required. However, in March or April, ALGO should be traded around 0,70$. GOOD luck
hi traders, Since reaching a 700ish high in April 2024, BCHUSDT has experienced a 61 % correction. I expect that things are about to change for BCH and it will happen very very soon. The support seems to be holding strong and I really don't see a reason why the price should go below 400$ again. The expected outcome is visualized on the chart. Good luck
hi traders On the daily chart we can see a falling wedge breakout followed by a pullback. A long position can be considered within the buy zone if bullish confirmation appears, with a target near the resistance at 15.200. The stop-loss should be placed below the support zone to minimize potential losses. Good luck
hi traders, Let's have a look at ETH on 4 hours time-frame. As we can see, the price is breaking out the resistance as we're speaking. If the price retests this resistance and confirm it as support, the long position can be taken. Strategy Overview: This is based on the trendline breakout and support zone bounce. The entry is well-placed to capture a potential...
ROKU is a video streaming platform which is poised for strong growth, driven by its expanding user base, innovative offerings and strategic partnerships. Analysts label it as a comepelling long-term investment opportunity. However, ROKU isn’t trading at a reasonable entry price, in terms of technicals, so I would suggest the following: - Wait for the price to...
