hi traders, Let's take a look at IOTAUSDT on 1D time frame. What we can see are regular bullish divergences. Moreover, a potential triple bottom formation may be in play or the falling wedge pattern. Buy now, take profit at 0,258 and exit fully your long at 0,30 usdt. Stop loss at 0,1947 Good luck
Hi traders! On the chart we can see inverted head and shoulders pattern. Currently the price is retesting the neckline. We expecting the price will break the resistance. The long position can bee taken once we get a successful break of the neckline. The technical target for this formation is at 113$ . Stop loss should be placed below the right shoulder.
hi traders The price is retesting the previous support level which looks like it remains strong and I´m expecting a temporary bounce before going low. I am expecting that the price will move up from the support therefore it is a good entry for long with the target at 191.33$. Stop loss is shown on the chart.
hi traders ENJUST looks bullish and we may see a big move soon as the price seems to be ready to exit the accumulation zone. Make a note that reaching final target may take even 1 year or more. From where we are now, it would be 10 x move. We have 4 targets for ENJUSDT: target 1: 1.20 target 2: 2 target 3: 2.50 target 4: 3.80 Dips are for buying now.
Hi traders, Analyzing the chart of Wendys Company we can identify the formation of a symmetrical triangle pattern, indicating a potential breakout in the near future. The symmetrical triangle pattern is characterized by converging trendlines, where the highs and lows of the price create a series of lower highs and higher lows, forming a triangle shape. As...
Hi traders, Taking a closer look at Kinross Gold Corporation, we can observe that it has formed a rising resistance line over the past few weeks, indicating a potential breakdown soon. The price has consistently formed higher lows, while encountering resistance around the same level, forming the upper trendline. Additionally, observing the Relative Strength Index...
hi Traders PayPal is one of those stocks which we are invested in heavily. From the fundamental perspective , PayPal is a very profitable company and is currently very undervalued. When it comes to technicals, it looks more and more interesting. On daily timeframe we can see that the price broke the resistance . The long position can be taken now and the...
hi traders Bake reached a key resistance and got rejected. Now we're seeing a pullback and most likely we will see some consoliadtion before the continuation to the upside. Make a note that the trend is bullish now. We got a bullish cross on SMAs which signals a trend reversal. 2 possible scenarios are shown on the chart. In both cases, mid-term target is...
hello traders Expecting PYTHUSDT to retest the resistance and get rejected again. A pullback towards 0.6250 to create higher low is likely and from there we may see more upside again Entry, target and stop loss are shown on the chart
hi traders let's make it simple. After recent pullback many altcoins came back into their accumulation zones. DASH is one of them. It's not time to sell but it's time to accumulate. The altcoin season will come sooner or later and many Altcoins will fly. DASH won't be different. We don't expect a new ATH but 300 $ as a final target looks reasonable. Each fib...
Hi traders, UNIUSDT printed a double bottom which is a trend reversal pattern. Buy now or lower if the price consolidates in the buy zone for a while. In a few weeks, we're expecting UNISWAP to reach 14,100 usdt again. A potential scenario is shown on the chart. Good luck
CELO/USDT Sector: Ethereum Layer 2 Market Cap: $450M CELO has formed a wonderful accumulation over the last 2 years. Investors interest is clear and we've even had our first try of extraction from the range. If you've missed the opportunity to DCA or buy a bag of CELO, you can take advantage of the fact that we re-entered the range to do so! Although we've...
CHZ/USDT (Chiliz) Sector: Layer 1, Sports Market Cap: $1.15B Chiliz is one of the most popular blockchain for sports-related projects, with the official Fan Tokens of many soccer clubs hosted on the Chiliz Chain. Its token, the CHZ, attracted many investors in the last cycle and established a remarkable performance. Although its price currently stands at -85%...
Sector: Layer 1, Smart Contract Platform Market Cap: $350M CSPR found its support level around $0.025 in June 2022 and has held it ever since. We have formed a range with an upper bound between $0.055 and $0.060. We're now close to the lower boundary, so if you think the project has solid fundamentals, this zone is ideal for starting a DCA strategy with a small...
Hi traders Let's take a look at DOTUSD chart on 1D time frame. DOTUSD is approaching a buy zone: 3.60 - 4.00$ which is the area where we expect a heavy accumulation for the next bull market. Long term target would be around 23 $ which is also an important fib level 0.618 Patience is a key as it may be a slow bleed. Good luck
Hi traders, Let´s have a look at ETHUSDT on 1D time frame. As we can see, the price formed a bullish flag pattern and here we have a idea for a long position. Wait for a breakout before entering the trade and aim for the targets shown on the chart. Price already retraced more than 50% but we still have the green upsloping support line, which makes it reasonable...
ACH: Alchemy Pay Sector: Payment Solution Market Cap: $135M ACH has been accumulating for the last 2 years, with the price supported by investors, and even been quite volatile. The underlying trend is bullish, as evinced by higher highs we've recorded, but especially by higher lows. It looks like we're on the way to retesting the upward trendline that has...
Hi traders, Turning our attention to Chesapeake Energy Corporation (CHK), we can observe a potential bullish reversal pattern forming—a Double Bottom. Chesapeake Energy is an American energy company primarily engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids. The company has been strategically divesting non-core...