NFP looks bearishIt looks like we have a large diametric that we are now in wave E of.
Wave E must have at least time to the vertical line on the chart.
Keeping the red range is expected to complete wave E.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NFPUSDT.P trade ideas
NFPUSDT - Breakout of Larger TriangleNFP price has climbed its way out of the triangle or falling wedge plotted and is looking to attempt to find support on the upper trend line of the triangle
Once support is found bullish activity will ensue
Overall the trend is down on this 4Hr chart but I expect a reversal due to the break above the triangle or falling wedge
LONG #NFPUSDT Level breakdownLONG #NFPUSDT from $0.5937 stop loss $0.5914
15m TF. The instrument has formed a cascade of two resistance levels, behind each of which I expect to see the stops of the participants' shorts. Active compression (consolidation of new price lows) and local volume spikes indicate buyers' interest in updating current highs.
I expect to see consolidation, increased activity and volumes in the glass before the breakdown of each of the levels.
NFP, Golden opportunity according to fundamentals as wellWelcome, Trader. Welcome to our cryptocurrency community! 🚀We are delighted to welcome you, whether you are an experienced trader or a newcomer to cryptocurrency.
We are going to discussing #NFPUSDT 💹
#NFPUSDT 🔥🚀
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Update:
#NFP formed a triangular pattern over a 6Hr time frame 👉✅.
Breakout is done successfully ✅🎯.
In case of successful retest, We are expecting a minimum of 50% 💰for the mid long term.
Crypto Analyst Hub
NFPrompt, the new big MidJounrey's competitor NFP/USDT (NFPrompt)
Sector: AI / NFTs
Market Cap: $135M
NFPrompt is an AI project for generating images from text prompts. Considering the success of other tools such as MidJourney, we can deduce that this field has a bright future ahead of it. If the system is really optimized, there is no doubt that the project will be a great success too. This tool generates high-quality images and also enables users to sell their creation directly as NFTs on the dedicated marketplace.
The token was launched at the end of December 2023 and seems to have bottomed out after having corrected following the launch. We are in the process of validating a bullish reversal structure that could take us to the top of the range in the coming weeks/months.
This crypto has yet to experience a bullish cycle and could therefore offer high returns if the team manages communication well and succeeds in making itself known to the general public.
NFP/USDT READY FOR AN ATH!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
NFP looks good here. NFP recently broke out of a falling wedge pattern. This could be a sign of a trend reversal and potential bullish momentum. Buy some here and add more in the dip.
Entry range:- $0.46-$0.50
Targets:- $0.62/$0.84/$0.98/$1.16
SL:- $0.40
Let's Discuss!
What are your thoughts on NFP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Trade Idea for NFPrompt (NFP) - Accumulation StrategyNFPrompt (NFP) is currently trading around $0.4901, showing an increase of 4.32% in the last 24 hours and a 10.78% rise over the past 7 days. The market cap stands at approximately $120.75 million, with a circulating supply of 250 million NFP out of a total supply of 1 billion.
Begin building a position at the current price of around $0.4901. This entry point provides a strategic basis given the recent positive price movement and market interest.
Plan to accumulate more NFP tokens if the price drops to $0.42 and further to $0.38. This phased buying approach allows for averaging down the entry price and maximizing holdings during market corrections.
Set take-profit targets at $0.63, $1.05, and $1.60. These levels are chosen based on potential resistance points and historical price movements, aiming to capture substantial gains as the market appreciates.
NFPrompt is an AI-driven User Generated Content (UGC) platform designed for Web3 creators. It offers various AI tools for creating NFTs, including images, videos, and music. The platform also features a community hub and an AI-powered NFT marketplace, enhancing its utility and adoption potential in the creative and blockchain sectors.
The recent price performance and volume suggest increasing investor interest and trading activity. Monitoring ongoing developments, such as new features or partnerships, will be crucial for adjusting the investment strategy.
Accumulating NFP at strategic price points leverages market volatility and the project’s innovative approach to combining AI with blockchain technology. The phased profit-taking strategy aims to optimize returns while managing risk.
This trade idea is based on current market data and NFPrompt’s strategic positioning as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
💥Long position on NFPUSDT Daily📈BINANCE:NFPUSDT
Hello dear traders.
Follow for more analysis and positions.
Long position on NFPUSDT Daily
⏱mid-risk status: 2x - 5x Leverage
⚡️TP:
0.5011
0.505
0.51
0.515
0.52
0.525
➡️ SL:
0.485
The Alternate scenario:
🔴If the price stabilize below the 0.49, the setup will be cancelled
#NFP/USDT#NFP
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a support area at the lower border of the channel at $0.400 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 0.4848
The first target is 0.5800
The second goal is 0.6840.
The third goal is 0.7824
NFPUSDT IDEADear Respected Traders, we hope this communication finds you well.
we are convening a discussion focused on #NFPUSDT
THE Falling Wedge Pattern Breakout Has Already Done ✅
So,I Expect a Bullish Move of 100% In Coming Days 🚀
#Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT
NFP Back in Buy ZoneToday as we can see all the market has a correction (testing lower support levels)
However this is also a good day and give us another chance to reflect on the market.
Although alt-coins season did not manage to 'start' for all the Altcoins with
a few exceptions (mostly AI coins and MEME coins) ..
Now is the time for the altcoins to play catch-up! with the BTC pair
As a basic rule i sometimes prefer to exit the market when Altcoins USD pair is over-extended
and the RSI is screaming SELL around the main resistance level ( this happened the last few days
with : a small percentage of money exiting my positions (like 5-8%)
Because we never know when and if - the market recovers quickly enough in order to take profits
However as a golden rule i prefer taking profits from the pump-Ing of the coins
Reaching the 'modest' targets the market can gracefully offer
For me this is a more healthy approach into a bull market environment
NFP
nfprompt
AI-Powered UGC Platform for the Next Generation of Content Creators.
NFP Bullish Momentum Alert: Buy for Maximum Profits!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
