TraderMagz

TraderMagz

ADA (cardano's native token) has broke out and is currently retesting support. Potentially setting up for an amazing Long. If the support holds at around $0.17 then we can expect a bullish move to around $0.2 to $0.3 which are the next CPR monthly pivots. Overall I am very bullish on cardano over the medium term and have a good hodl position.

TraderMagz

Amazon has been consolidating for a few months and has broke out of the triangle. It is currently retesting the top of the triangle, potentially confirming the breakout. Long if the top triangle line holds as support. Take Profit at the 1.618 Fib extension

TraderMagz Updated 

BINANCE:AAVEUSDT Double Bottom on 1 hr chart RSI pushing bullish divergence on the lower time frames BINANCE:BTCUSDT is consolidating in a triangle pattern It seems like a low-risk trade too long Aave at these dips Entry price - $78 Stop Loss - $75 Take profit: TP1: $85 - 0.618 Fib Retracement TP2: $90 Previous high level of confluence

TraderMagz

BINANCE:AAVEUSDT if the breakout breaks with high volume enter a long Take profit just below the 1.618 Fib extension approx. $100 to $109 Stop loss below the trending support

TraderMagz

BINANCE:VETUSDT VeChain is looking to break out after BINANCE:BTCUSDT has broken all time highs Take profit one is at the 1.618 Fib @ $0.0228 Stop loss placed below the bottom trend line.

TraderMagz

TVC:GOLD Is currently holding critical support at $1850. If the $1850 mark is broken then this trade set up is invalid. If the $1850 mark is held and there is no clear bearish divergences on the 4hr timeframes, then there is a great short term long position. Long position: Entry between $1850 to $1860 Take profit: TP1 : $1880 - Around the 0.236 Fib TP2: $1885 -...

TraderMagz Updated 

With higher lowers, key consolidation price action and major bullish support at the 50 Daily EMA we can conclude that Tesla will break out of the triangle. I predict that the break out will be on the upside. Tesla has an unassailable lead in EV's, battery technology, anonymous driving capabilities and battery storage. NASDAQ:TSLA

TraderMagz

TVC:PALLADIUM After a massive dump, over 6% on the 11th Nov, we are seeing great support at $2300 to $2350. Based on the MACD and the RSI indicators, we can conclude that the downside risk is lowered and the momentum is shifting back to the upside. Great entry points for a potential breakup are between $2330 to $2350. Break up take profits are as follows: TP1 -...