Get started

Longidea

BTC REBOUND? 〉$140,000 NEXTAs illustrated, I'm visualizing what the next impulsive wave could look like. Price has broken out of a major daily trend line. It makes sense for the week to have started trading lower to find it's low and potentially bounce with strength sometime this coming up week and into the next. The next pivot area is between the $82,000 - $80,000 range based on previous week's lows and daily low levels. An interesting buy opportunity is forming and the potential entry is illustrated as the "pivot area" marked in yellow. Then we have a major pivot range near the $100,000 psychological price. . This could be a price where some short term traders get out "in case it's just a pull back before a collapse" type of decision. We can't ignore how much price consolidated between 100,000 and 96,000; and so that is the next stepping stone for BTC before breaking to ATH's of at least $120,000. My personal target is set at the 161.8% extension level as illustrated. -- GOOD LUCK! Persa
PEPPERSTONE:BTCUSDLong
by PersaGold
SPT possible BUY setup Though this might be a risky play, since SPT is posting results in couple of days, I love what the charts are telling me at the moment. This Chicago based firm provides social media management software for businesses. Sprout Social has recently targeted larger companies for partnering, establishing a nice contract with Salesforce. What am I looking now: 1. Though I mentioned that this play is a risky one, due to upcoming earnings, SPT i currently trying to break from it's Daily Cup and Handle formation. 2. Today's try was not a god try of breaking the highest point of the Cup and Handle formation, sitting at around $66.70 price level. Price did break that point at one moment, but it quickly failed to maintain above it. 3. Selling pressure was high unfortunately, there were nearly 782k shares sold once it broke through the resistance level. 4. Since I am considering this a risky play, my initial entry will be small, with stop loss possibly larger than usual. Stop loss will be sitting at around $57.39 price level, which is just below the wick of the last candle which bounced from the 50EMA. 5. Once the earnings report are published, I will either close the trade or add to the position, depending on the results posted. As always, please do your due diligence, this is just an opinion.
NASDAQ:SPTLong
by De_Banis
USDCAD Approaching Monthly HighHi Traders! USDCAD is approaching its monthly high, and there are opportunities for long entries to target the monthly high. Here are the details: The first resistance at 1.34146 (which will now act as support) has just been broken, and the next targert looks to be the second resistance at 1.34430, which is also the monthly high. We are looking for 1.34146 to hold as the new support. The plan here is to buy dips around this level to target levels near 1.34430. As 1.34430 is the monthly high, there is likely to be strong selling pressure at this level. Preferred Direction: Buy Technical Indicators: 20 EMA Resistance (MONTHLY HIGH): 1.34430 Support 1 (PREVIOUS RESISTANCE 1): 1.34146 Support 2: 1.33433 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
EURUSD Bullish Near Support ZoneHi Traders! EURUSD looks bullish near the support area as the market is looking to re-test the 20 EMA and possibly target the resistance zone. Here are the details: The market is trading near the support zone, and we are looking for a bounce near this area. The strategy here is to buy market dips and retracements. Preferred Direction: Buy Support 1: 1.10018 Support 2: 1.10093 Resistance 1: 1.10793 Resistance 2: 1.10853 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
GBPUSD Long to Trendline ResistanceHi Traders! The GBPUSD 2H chart looks bullish and is targeting the monthly trendline resistance. Here are the details: After recovering from monthly lows, the market is now on a steady incline, showing swings of higher highs and higher lows. The market has also recently broken and closed above the 20 EMA. Our plan here is to buy market dips and target an exit just above the trendline resistance. Preferred Direction: Buy Entry Level: 1.26648 Stop Level: 1.26234 Target Level: 1.27487 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
6
AAVE ANALYSIS🔮 #AAVE Analysis 🚀🚀 💸💸 As we said in our earlier post, #AAVE has performed well. We reached our first resistance very easily. 39.5% move done from the day we posted #AAVE analysis. If #AAVE breakout the first resistance and closes above the resistance then we will see more gain📈📈 📌Current Price -- $116.24 🔰Target Price -- $178.64 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #AAVE #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
BluetonaFX - EURUSD Approaching 2 Month HighHi Traders! EURUSD is an ascending triangle and is approaching its 2-month high at 1.07694. Price Action 📊 The price action looks bullish, with market swings showing higher highs and higher lows. The market has also been trading above the 20 EMA for over a week. We are looking for more bullish momentum for further continuation towards 1.07694. Fundamental Analysis 📰 Traders await the Eurozone Gross Domestic Product (GDP) for the third quarter (Q3). The quarterly growth number is expected to contract by 0.1%, while the annual growth number is forecast to grow by 0.1%. If the GDP data showed weaker-than-expected results, this could cause some selling pressure on the EUR.   Support 📉 1.06651: PREVIOUS DAY'S LOW Resistance 📈 1.07694: 2 MONTH HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
BluetonaFX - EURUSD LONG to Resistance IdeaHi Traders! EURUSD is holding steady near market lows, and there is a possibility for long entries to target upside resistance levels. Price Action 📊 The price action currently looks bullish, with market swings showing higher highs and higher lows, and the market has formed an ascending price channel. Fundamental Analysis 📰 The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments securely and free of charge.   Support 📉 1.05200: TRENDLINE SUPPORT Resistance 📈 1.05950: SWING HIGH RESISTANCE Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
1
BluetonaFX - EURAUD Falling Wedge LONG IdeaHi Traders! There is a falling wedge pattern on EURAUD, which signals a possible reversal of the bearish trend we have seen over the past couple of months. Price Action 📊 An aggressive price rejection candle followed by a momentum swing suggests that bulls are currently in control of the market. We are looking for a further bullish momentum break above the resistance trendline. Fundamental Analysis 📰 Australia left their interest rates unchanged, and the statement from the RBA left traders unconfident about Australia's economic outlook. Support 📉 1.63946: PREVIOUS DAY'S LOW Resistance 📈 1.66430:RESISTANCE TRENDLINE Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
3
XLM Long Idea In the realm of crypto, Stellar claims its throne, XLM shines bright, a trade strategy to own. Fibs and channels, a flamboyant affair, Unleashing gains, with a confident flair. With parallel channels, we set the stage, A path to follow, as profits engage. Fibonacci's charm, in the 0.786 zone, Where the lower trendline beckons us to own. Stellar's dance of triumph, a sight to behold, As it touches that level, a story unfolds. Outrageous gains, like fireworks ignite, In this trading game, we'll bask in delight. So let's embrace the XLM trade, With strategy and style, we'll make the grade. Fibs and channels, our guiding light, As Stellar's potential soars to new heights. But let's not forget, in this thrilling quest, To be mindful of risks, and trade with finesse. With calculated moves and passion in place, We'll conquer the markets, with grace and embrace. potential targers tp1 0.0955 tp2 0.1070 tp3 0.1205 DONT FORGET TO SET SL below 0.074
Long
by DepecheGST
4