Follow up to previous $SPELLShow my price targets on an 8 hour chart in the pink rays. The purple box is where there has been a ton of activity. If Alts start to run this should do very well
SPELLPERP trade ideas
$SPELL follow up targetsHere is the same chart on a daily timeframe with RSI and targets.
Full disclosure, I took a bath in this one and am trying to decide if it is worth to double down and continue to own the asset. I think I will eventually double down, and today might be a great day too.
Rsi put in a new high on a new low + broke long term downtrend
$SPELL Trend Broken3 hr timeframe - long white line is a high to high downtrend resistance - broke early this AM with some goood volume. I'll post targets on the follow up post.
Interesting defi project that helps capital efficiency by allowing holders to use staked assets for loans.
SPELL rally this project should be checked by everyone
if the market structure can be bullish in the mid term we can see a huge rally in spell
Spell big bull comingCross the pink line great time to watch for a big runner up. Stable resistant at the .006 this coin did a run today to the .008. Big investors locking up the coin before taking off. Great target $.03-$.10 This coin is similar to doge coin with 3x less amount of coins. Very high % of pulling to the up side. MACD is crossing, RSI did a over sold to the 16 rsi.
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Been doing crpto analysis for over 9 years
SPELLUSD (4H) Bullish reversalHi Traders
SPELLUSD (4H Timeframe)
Waiting for the upward break of 0.0086 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.0058 would cancel the bullish scenario.
Trade details
Entry: 0.0086
Stop loss: 0.0058
Take profit 1: 0.0103
Take profit 2: 0.0130
Score: 4
Strategy: Bullish reversal
SPELLUSD might be hit strong trend lineThe daily kinda look like falling wedge for me & double bottom for me
hopefully its hit upper trend line and its good enough for taking profit
also you can see the "if breakout" price and possibly create new ath after retest
DONT FOMO, ALWAYS PUT SL AND DYOR
My favorite movie is "Up"Just a few things to remember that just took place within the last 24hrs
AMZN went up 14%
Google is trying to split shares to $150
I think you know what time it is.
Getting Ready to pop!Spell looks to be following through this accumulation channel. We’ll probably see one more drop before the next pump to .015
Spell Retest 0.0068675Spell to retest the support line at 0.0068675 to make another attempt to break that resistance line.
Spell long ideaHeard a lot about spell on twitter but missed it every time.
Look to have broke a local high, few bull divs and had 100m in trading volume a few days ago which historically looks to be at points of momentum change.
It is also popular on coinbase which is a good sign.
Ill look to buy the .236 fib
$SPELL going LONGGonna keep it short.
Bullish: Crab & Bat formation and ABCD exit. An inverse Head & Shoulder creating the last shoulder. We can see this token up to 0.02+ by mid-end this year.
Bearish: We might go short end of this month/Feb. If we do, we test 0.0105 again and complete a perfect H&S.
Use as reference not financial advice. Happy Trading.
spell longbuybuybuybuyubyubuybuybuybuybuyubyubuybuybuybuybuyubyubuybuybuybuybuyubyubuybuybuybuybuyubyubuy
$SPELL Possible Pathway to Volume Profile Resistance?$SPELL has a bull divergence signal on 4H timeframe. Chart shows possible pathway to Volume Profile Resistance or next support level. Let' c. NAF DYOR
SPELLUSD (1H) Bullish reversalHi Traders
SPELLUSD (1H Timeframe)
Waiting for the upward break of 0.01640 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.01383 would cancel the bullish scenario.
Trade details
Entry: 0.01640
Stop loss: 0.01383
Take profit 1: 0.01790
Take profit 2: 0.02040
Score: 3
Strategy: Bullish reversal
SPELL - LONGBUY LOW SELL HIGH.....SPELL IS VERY MUCH OVERSOLD, IT IS TIME FOR AN IMMINENT REVERSAL.
Please do a thumbs up if you like this idea....Thanks for watching.
SPELL - approaching stronger buy zonesSPELL is down almost 20% since it breakout to the down side.
BTC initiate current selloff on market, as usual. SPX is also down, retesting previous breakout level.
My next buy orders are at green boxes at 0.5 and 0.618 Fib. retracement. I already bought some smaller allocation.
If BTC closes under 42k we might see some massive selloff on market.
$SPELL token potential loading area for a reversal...$SPELL token is an interesting DeFi project that has landed on almost every major exchange in a short amount of time. Binance just announced listing too in late December. The chart doesn't have much history but from what we can see this area looks like prior support which will create a higher low and new base if it turns. We can also see this is the spot it has turned every time using RSI as the key indicator. I would assume this is the sweet spot for programmed Algos to flip to the buy switch. Let's see how this plays out. Lots of movement so a great one to trade.
