While walking risk-wise on razor thin ice the "S&P 500" confirmed on Monday, July 2 that the low it made on Thursday, June 28 is the new support. Therefore the market is soon going to test where the price resistance above is. I think this price area might be between 2755-2760 (or higher). I wanted to share this idea before today's open, but ran out of time. At...
Daily RSI at historic Oversold bounce levels. Almost as beat up as the covid crash right now. In the past we have bounced 25%-80%+ when bouncing off this level of Oversold conditions. There is also a gap on the daily now above at these extreme conditions that needs to be filled
Also in a buy/support zone on the daily ...
TOMO is at the lower support and is likely to bounce 10% to 15% from the current price.
Open entry at $2.7 to $2.81
Stop Loss: $2.63
Accumulate this coin with 5x leverage and do hold your SL tight.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
I am watching GTT right now, I predicted in the past an short scenario, which came true. Now I wanna see the new support, maybe it was found at 2.50$, let´s see.
If we bounce back on this point, let´s target 3.50$.
Dipping below the previous resistance (which is a dangerzone/sign). New investors got cold feet from Mr. Musk rant and BTC drop. With slow crypto recovery, this will bounce back to 6-7. That is a quick gain of 30-40% – if offc. you do think crypto will not go away. As the CEO stated -they actually earn money both when the market go up and when it goes down. Long...
At the moment, the market has the strongest correction movement during the current Bitcoin rally.
The asset lost 35% from its maximum and 29% from the local peak.
The market is under constant selling pressure, which is restrained by the liquidity buffer of buyers in the range of $41600-$44200.
The RSI indicator value on the daily timeframe...
Bitcoin started the May month with a bang as the flagship currency has appreciated by more than 15% in the last week of April to up until now. After the breakdown in which BTC dipped by ~20%, bulls again showed strength and closed the April monthly candle at $57,798. At the time of writing this report, BTC is trading around $58k.
BTC formed a strong bullish...
IOTA Price traded at $2.12 with a loss of 0.34% in the last 24-hour and 25.07% up in the weekly time-frame. Furthermore, IOTA bounced from the support of $1.50. In contrast, the market capitalization stands at $5 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is sustaining above all the EMA. RSI index showcases an...
Ethereum value traded at $2382 with a gain of 9.85% in the last 24-hour and 14% up in the weekly time-frame. Furthermore, ETH bounced back from the support of $1950. In contrast, the market capitalization stands at $276 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above all the EMA. RSI index showcases an upward...
Like we see in the graphics LTC hit the roof bouncing down %10 with the possibility of bouncing up (green)
or keep in regression % 21 till the 0.618 of fibo in the weekly like it did before(orange).
Personally I'll wait how the market behave before to open a new position.
Have a good trading and stick to the plan.
Dont forget thumbs up if like the idea.
Clean falling wedge pattern with strong and also earlie ATH in price arround 42K zone. My limit buy to watch will be 42.2 little above for bigger chance to fill order. Another small amounts I will set until 38.5K for hodl portfolio . But best possible trade is arround 42K with stop loss bellow 40 in my opinion :D
Superb fundamentals..undervalued stock with excellent Return on Equity.
PLEASE SEE CHART FOR FURTHER DETAILS
buy only if sustains above 350
TARGET 1: 400
TARGET 2: 450
STOP LOSS : 315
**These are my personal observations. Please trade at your own risk.**
This is the stock that was replaced by TESLA in the sp500. The stock TANKED HARD!!!!!!!! Rsi was round 13 when I bought my first positions. I tend to love rsi bounces and this one may be one of the best do to the fact that this companies financials havent changed, theyre not under a lawsuit or in the middle of a bankruptcy, the CEO didnt get caught banging a...