Trade Overview: SUPER has reached a robust support area, maintaining its position for the past month, indicating potential for a long trade opportunity. Trade Strategy: Entry: Consider entering a trade between $0.81 - $0.93, capitalizing on the strong support zone. Take Profit: Set take profit targets at $1.118 - $1.27 and identify the next area of resistance at...
Trade Overview: FTM is forming a bearish wedge pattern, suggesting a potential downward move, particularly with the anticipation of bearish news this week. Trade Strategy: Entry: Consider laddering into spot positions between $0.55 to $0.45, allocating 50% of the position within this zone. Confirmation: Look for price to close above the 200-day MA on the daily...
Trade Overview: LINK is exhibiting a triple bottom pattern with potential strength indicated by acceptance above the monthly open, signaling a shift in structure on lower timeframes. Trade Strategy: Entry: Consider entering into the buy zone between $12.50 to $13.50. Take Profit: Set take profit targets at $16.00 and $16.80, with the next area of resistance at...
Trade Overview: ETH's current support area has remained strong over the past week, presenting an opportunity to enter a long spot trade. Trade Setup: Entry: Ladder into the trade between $2,850 - $3,050. Take Profit: Set profit targets at $3,400 - $3,700 and the next resistance area at $4,100 - $4,350. Stop Loss: Place the stop loss just below $2,800 to manage...
Revenue Evolution: Adobe's NASDAQ:ADBE transition to subscription-based revenue has been a key driver of its growth and profitability, with subscriptions dominating recent sales. This adaptability has been crucial during the pandemic and subsequent rebound, showcasing its resilience and ability to capitalize on emerging trends like AI. Market Sentiment and...
Trade Overview: BTC's sharp reversal off support has uplifted the overall market, presenting a potential opportunity to go long on bullish altcoins like SOL, currently resting on support. Trade Setup: Entry: Enter the trade at $142.00. Take Profit: Consider taking 25% profit at $150 and the remaining balance at $160 - $170. Stop Loss: Set the stop loss just...
Current Situation: BTC has shown resilience in the $60,000 - $61,500 range over the past few days, indicating potential for an upward move. However, there's caution about possible longer-term downside, suggesting the current bounce might be temporary relief. Technical Indicators: Watch out for the 12-hour 50 Moving Average (MA), which has acted as resistance for...
Market Overview: Nvidia's NASDAQ:NVDA recent rally has bolstered bullish confidence, driven by anticipated revenue and profit growth, and positive analyst outlooks, particularly from Goldman Sachs. The company's leading position in the AI-powered GPU sector further contributes to positive sentiment, with potential for continued uptrend supported by upcoming...
Market Overview: GM is experiencing strong pricing trends driven by robust demand and a focused strategy, according to CFO Paul Jacobson. Analysts are optimistic, with Bernstein assigning an outperform rating and a $55 price target, indicating significant upside potential. Electrification Strategy: The imminent launch of the low-cost Chevrolet Equinox EV...
Trade Overview: AVAX is potentially poised to break out of a level of resistance, offering an opportunity for a long spot trade. Trade Setup: Entry: Enter into a long spot trade at the break of the top of the range area of support of $35.75. Take Profit: Target profit levels at $40.50 - $45.00 and the next resistance area at $50.00 - $53.00. Stop Loss: Set the...
Trade Overview: MATIC has shown strong support around the $0.67 level for almost a month, making it an opportune level for entering a long spot trade. Trade Setup: Entry: Enter into a long spot trade at the $0.67 level of support. Take Profit: Aim for profit targets at $0.85 - $0.90 and the next resistance area at $1.07 - $1.15. Stop Loss: Set the stop loss just...
Trade Overview: ICP presents an opportunity for a long trade, with an entry point around $12.00. Given the recent market volatility, it's crucial to manage risk tightly. Trade Setup: Entry: Consider entering the trade around $12.00. Take Profit: Target profit levels at $13.75 - $15.00 and the next resistance area at $16.50 - $18.00. Stop Loss: Place the stop loss...
Trade Overview: SOL appears promising for a spot long trade, being one of the fastest Layer 1 blockchain platforms. Its performance potential during the current bullish market phase is notable. Trade Setup: Entry: Consider entering the trade around $141. Take Profit: Aim for profit targets at $160 - $170 and the next resistance area at $200 - $220. Stop Loss:...
Market Observation: Amidst the ongoing meme coin frenzy, PEPE appears to be consolidating for a potential upward movement. With a recent higher high and temporary shift in structure away from the downside, there's anticipation for a higher low formation. Trade Setup: Entry: Consider entering the trade between $0.00000650 - $0.00000725, aiming for a favorable...
Trade Overview: BEAM presents a potential long trade opportunity, characterized by higher risk. Therefore, it's advisable to allocate only a small portion of capital to this trade. Trade Setup: Entry: Enter the trade between $0.022 - $0.024. Take Profit: Target $0.033 - $0.034 and next resistance area at $0.039 - $0.040. Stop Loss: Set just below $0.0215 to...
Current Situation: ARB's price is currently testing a support level, offering a potential entry point for a long trade opportunity. Trade Setup: Entry: Long trade between $0.90 - $1.00. Take Profit: Target $1.28 - $1.40 and next resistance at $1.60 - $1.75. Stop Loss: Just below $0.8550 to manage risk. 📊🚀 Monitor ARB's price action for trade execution!...
Current Situation: GRT faced rejection yesterday and is now testing the next support area, presenting a potential buy opportunity. Trade Setup: Entry: Long spot trade at $0.2825. Take Profit: Target $0.3050 - $0.3200 and next resistance area at $0.35 - $0.3625. Stop Loss: Just below $0.2750 to manage risk. 📊🚀 Stay attentive to GRT's price action for trade...
Current Situation: SUI is finding support at $1 after filling the FVG (Fill the Value Gap), indicating potential readiness for the next upward move. Price Action Strategy: If BTC weakens further this week, prepare for a possible fill of the wick at $0.885. Alternatively, if continued strength is observed, anticipate a retest of outlined resistances. Trade...