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
Hi traders, Let's have a look at the LINKUSD chart on the 1h time frame. While the market testing new highs and lows, the price action is expected to continue until it reach the lower support level. After that, the price is more likely to reverse and push higher, giving us a potential buying opportunity.
Hi traders, ADAUSDT cryptocurrency pair is currently undergoing a pullback. Expecting the trend to continue facing a downturn for a little longer, we presume the price will give as a reversal pattern such as reversal double bottom. We also expect the price to form the bullish divergence before the reversal begins. The price is expected to rise after a while giving...
Hi traders! The price is currently near the support level and it's at the bottom of the BB indicator. The RSI is at 33.44, nearing an oversold area, suggesting the possibility of a bounce from this level. If the price holds above $553 and shows bullish signs a long position could be a good opportunity. Entry: $554 Target: $591 Stop loss: $547 Risk-reward ratio: 6,01
Hi traders, Here it is my idea for a long position on MKRUSD (1 week time frame). The price hit a local high in July 2024 and hit another high in November 2024, meanwhile the price hit the SMA (in November 2024) that acted as a resistance and the price bounced back and is currently experiencing the pullback. The idea is to enter in the buy area, which is...
hi traders, NIO has experienced a huge correction after reaching 7,70$ in the end of September. In my opinion, this correction is big enough and NIO may be ready for a trend reversal very soon. Bullish divergences on 4h time frame are present which confirms my bullish bias. If the price dips lower, buy the dip and DCA when it's cheap. 6,85$ is my target area...
hi traders, We were promised the alt season but it look like there's a chance that it will get delayed a bit. A lower high is not what bulls want to see. The price is approaching the key support. If it fails, it may get ugly. Even 40 % drop is in the cards. If the support holds, we may get the bounce and more consolidation. If you want to short, wait for the...
hi traders, The price is retesting a key support. If this support fails, bears may attack and the price may drop even 20 %. How to trade it: If you want to short ALGOUSDT, wait for the price to break down . Look for the volume surge to avoid the false breakdown. You can also wait for the price to break down and give a bearish retest. Target is shown on the...
