Hi traders, JNJ is currently consolidating inside a symmetrical triangle. We can expect two scenarios: Bullish scenario: Open a long position if the price breaks the downsloping resistance line. SL: below $153.50 Potential TP: $164 Bearish scenario: Open a short position if the price breaks down and closes below the upsloping support SL: above $158.00 Potential TP: $149
Currently, ADA/USDT is forming a bullish flag pattern on the 3-day (3D) chart, which typically signals a potential continuation of the prevailing uptrend. This consolidation phase suggests the market may be preparing for a breakout. Traders are advised to enter long positions only upon confirmation of a breakout above the upper boundary of the flag formation,...
hi traders, ALGOUSDT has been traded in the downsloping channel, and now it looks like the breakdown is occurring while I'm creating this publication. I'm bullish on ALGO long-term, but a short-term 8 % drop is expected. As the breakdown is just happening, you can enter short now. Stop loss: 0,2140 Good luck
hi traders, Let's have a look at ETHBTC chart on the weekly time frame ETHBTC has been in a downtrend for almost 3 years. The price came back into the support area that hasn't been tested since 2019. Last time when RSI was at 24, ETHBTC bottomed out. I can't see the price going much lower. In my opinion, it's a great spot to buy ETH and just hold it for the next...
hi traders, Let's have a look at USDEUR on 4h. It looks like the head and shoulders pattern formed. The breakout has just occurred and the long position can be taken. Put a stop loss below the right shoulder. 2,20% move expected. Target: 0,9037
hi traders, Let's have a look at SPY on 1h time frame. As we can see the price created a double bottom and with the catalyst (Trump paused tariffs), the price pumped 11%. It's approaching the resistance area and bulls are not out of the woods yet. I expect a short-term pullback. RSI is very overbought in 15 15-minute time frame which confirms this thesis. Entry,...
hi traders, Some months ago, we shared the idea where we explained that SPX will experience a correction: The targets were reached, and next we saw a decent bounce, which is very well visible on the monthly candle. Today, I see a lot of excitement about the monthly close, and many people call for a new all-time high soon. I want to bring to your attention the...
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 Let's have a look at NIO stock. With terrible earnings at the end of March, the price faced a strong rejection and continued a major downtrend. On the 8th of April, due to the whole market correction, NIO dropped heavily and the price reached 3,05$, where we saw the downsloping support line playing a big role and stopping the price from further...
hi traders, Let's have a look at BABA on a 1h time frame. After reaching approx.140$ levels, BABA experienced a significant correction and visited the 96$ level, which could very well be a bottom here. After reaching 96$, the price has been forming a rising wedge pattern. When the majority switched to a full bull mode again, we expect the trend to be a bit...
hi traders, Let's have a look at XRPUSDT on 1D time frame. The price broke the downsloping resistance, and the trend reversal may be around the corner. I'm expecting the price to test 3,35 within the next 3 months. Entry, targets (take profit levels) and stop loss are shown on the chart
Hi traders, Lets have a look at the Netflix 1D timeframe chart. We can see that the price is approaching the horizontal resistance. We expect that price will get reject at the horizontal resistance therefore, the short position can be taken Entry, target, stop loss, are shown on the chart. Risk/Reward ratio: 7.33
Hi traders, Let´s have a look at JPM on 1D chart timeframe. Currently the price remains below the donwsloping resistance line. We expect that the price will breakout the donwsloping resistance line in the near future. We recommend to take a long position only if the successful breakout occurs, in order to avoid trading the fake out, look for the volume...
hi traders, Some time ago we shared the trading idea: but this NIO set-up failed as the stop loss at 4,05 was reached. Since then, NIO dropped 22%. I see a potential that a local bottom is in as RSI hit oversold levels and the price is kind of respecting the downsloping channel. I won't be calling any huge reversal yet because NIO has a lot to prove but...
hi traders Long set-up on AMD to play the bounce. Entry: now target: 93,60 stop loss: below 80 Bullish divergences on 1H time frame. I expect this bounce to be short-lifted but money can be made now.
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...
hi traders, Let's have a look at AMD stock on the 1D time frame. AMD is very undervalued now. It's also very oversold. The stock market has been dumping hard but it may be a time to see a relief rally. It's very likely that the bullish divergence and an oversold RSI on 1D time frame may lead to the bounce within the next few days / weeks. I can't see it going...
Hi traders, Let's have a look at XRPUSDT chart on 1D time frame. We can see the descending triangle pattern which is very well developed. However, the price still respects the support so if we want to take a short position, we should wait for a successful break down. If the break down occurs, we may wait for the price to give a bearish retest. We determined 2...
