hi traders, Looking at the daily graph for Chevron Corporation (CVX), we can expect a possible price reversal scenario. The stock recently has been seen at support level of around $144 and has started depicting consolidation evidence. The price can be seen forming a possible structure for a bullish recovery; therefore, a rebound from this zone could open the...
Hi Traders Snap Inc. is in an uptrend since August '24 and has a lot of upside potential. I would wait to see whether the upcoming price movement doesn't invalidate this uptrend, so the share price doesn't drop below $10. If this isn't the case, the uptrend will likely continue and the price will move to a higher high. Also in terms of fundamentals, Snap Inc....
hi traders Let's make it simple. TOTAL3 has been consolidating after an impulsive move, forming a valid bull flag formation. We got a valid breakout but without follow-through up to now. It looks like the price retested the previous downsloping resistance and it's trying to confirm it as support. The RSI looks good here. It's pretty neutral now but as soon as...
Hi traders, Here it is my idea for a long position on OPUSD (1 week time frame). the price hit a local high in April 2024 and hit another high in November 2024, meanwhile the price hit the SMA that acted as a resistance and the price bounced back and is currently experiencing the pullback. The idea is to enter in the buy area, which is determined by a previous...
Hi traders, Here it is my idea for a long position on XDCUSD (1 week time frame). The price hit a local high in July 2023 and hit another high in November 2024, after that the price bounced back and is currently experiencing the pullback. The idea is to enter in the buy area, which is determined by a previous resistance zone that can be a support for a bounce up...
Hi traders, Here it is my idea for a long position on CAKEUSD (1 week time frame). the price hit a local high in March 2024 and hit another high in November 2024, now we can hope in a bear weak to have a bounce up after. The idea is to enter in the buy area, which is determined by the shadows of the last two candles. The best would be if the price will hit the...
Hi treaders, Here it is my idea for a long position on AVAXUSD (1 week time frame). the price hit a local high in March 2024 and another one in November 2024, now is in a resistance area and the price can goes down. The idea is to enter in the buy area hoping for a bounce up in the support area. The best would be if the price will hit the SMA in the buy area and...
Hi traders, Based on LTCUSD direction the price is most likely to form a bullish reversal, leading the price to reverse and rise to a higher point. Taking a long position in this case, buying while the price still low can be beneficial.
hi Traders JD stock looks bullish Beautiful higher low structure and now we had a successful breakout of the falling wedge formation. The price still may pull back to retest the previous downsloping resistance and confirm it as support, but it may just continue the uptrend without giving this pullback. 64 % gains to be made in the next few weeks. Good luck
hi Traders, BTC.D broke down out of the rising wedge and now we're seeing a pullback to the upside which itself may be a bearish retest. If BTC.D gets rejected here, we will see an alt-season. Most likely the alt-season will be led by ETH but other coins should outperform BTC too. When BTC.D reaches 47%, taking profit on alts will be very reasonable.
Hi traders, Based on BYDDF chart, the price is forming a falling wedge pattern and is recommended to entry for a long position once the breakout occurs. We are waiting for the possibility that the price could target 41.36, the break of resistance would be beneficial in the short term.
KLA Corporation (KLAC) has had promising earnings reports for the past two years and is trading in a larger uptrend for the past years. The stock recently had a small pullback but price action on smaller timeframes indicate the end of this pullback and the continuation of the larger uptrend. Therefore, this seems to be a reasonable moment to enter the trade....
Hi traders, The AVAXUSD chart on the 1-hour time frame appears bullish. With the price balancing near resistance, we expect a pullback before the price potentially bounces off the support level. If momentum holds, this could set the stage for an upward move, giving us a great opportunity to enter long position. We can find the entry, stop loss and target on the chart.
Hello Traders, We are analyzing WIF/USDT on the daily timeframe. The price is approaching the downsloping support where we can see a fair entry point for a potential long position. The entry, targets and stop loss are shown on the chart. We expect profit-taking at the downsloping resistance so it's the first target of this trade, but 2 other targets are...
hi traders Some days ago, we published the idea where we predicted ALGO to correct before continuing an uptrend: We believe that after that correction, ALGO is ready to continue the uptrend and now it's just consolidating and preparing itself for a big breakout. If you're in a position, don't get shaken out as the breakout may occur in the next few days. The...
hi Traders Let's have a look at TSLA chart on 3D time frame. Are you buying at the resistance after such a massive rally? If so, you are taking a high risk as the profit taking is expected. Recommended strategy: 1. Short at the resistance with a tight stop loss. 2. If you're a bull, wait for the price to revisit a demand zone where the long position can be...
Hi traders, As we can tell, the Solana is facing a pullback waiting for the price to drop more. If it forms to a double bottom reversal, the price is likely to rise soon. Its better to wait the pullback to complete and for the price to retest the previous resistance to confirm it as support.
hi traders, NVDA is not looking good here. The head and shoulders pattern has formed and the price may be ready to break down. Enter short position once the breakdown occurs. The technical target is at 116-114 area shown on the chart. Goodluck
