XVGUSDT is correcting on lower time frames after an impulsive move. Wait for the price to retest the support. Target and stop loss are shown on the chart Good luck
hi traders Let's have a look at CAE on 1D time frame . The price has been inside the rising wedge pattern. The possible scenario is shown on the chart. You can enter short once the price breaks out of the wedge. You can also short the horizontal resistance if the price goes there Good luck
The strategy for Aramark looks promising. Let's wait a few days for the price to retest the support and enter the long position. The estimated target is 44.36$. the stop loss and target lines are indicated on the chart. Good luck!
hi Traders Let's have do ARBUSDT 1h time frame analysis. The price seems to be getting rejected by 200 EMA. We expect a little bit more consolidation before breaking higher. If it comes back down and retest the support, it will be a long opportunity 2 targets and take profit level are shown on the chart. Good luck
Let's have a look at QNT on the 1h time frame. The price is still below 50 EMA but once we get a successful breakout, it may be a long opportunity. If the price gets rejected and it goes lower, we expect one more retest of the support which would be a buying opportunity. MACD has crossed bullish and the positive momentum is coming which is a good sign. Stop...
BCHUSDT looks like it's ready to go higher . The price is trying to break the resistance. Once it break successfully 253 $ resistance , it should go much higher. How to trade it? Buy a successful breakout with a volume increase on 4h timeframe or wait for a backtest of the resistance in order to confirm it as a support. MACD looks bullish which confirms our...
On the chart we can see the falling wedge pattern. The price broke out of the wedge and it's reasonable to expect the continuation to the upside. The price still may come back down to retest the downsloping resistance and backtest it in order to confirm it as a support which would be a perfect entry. However, entering long now on the pullback is also justified as...
On the chart we can see the falling wedge pattern. Our strategy is to open a long position when the price breaks above the upper resistance. Targets are shown on the chart.
NVDA still looks good and the uptrend is still intact. The price is about to retest the upsloping support line which could be an entry for a long position. RSI is about to reach oversold conditions. As long as the upsloping support holds, the uptrend continuation is expected. If the price closes below the upsloping support, it would be an invalidation of this...
Open Text Corporation has been in an uptrend. The price is close to the upsloping support therefore it may be a good entry for a long position Target: 47,50$ The price closed below the channel but it came back inside the channel again so the uptrend continuation is likely. However another close below the channel could be a sign of the trend reversal and it...
WK has been traded iside the channel since May 2022. We can see 2 possible scenarios. The price either will go up and retest the upper boundary of the channel or the price will come back down to retest the support. 2 possible scenarios are shown on the chart. Good luck
Hello Traders TWLO seems to be in a buy zone. The price is at the lower boundary of the Keltner Channel. Expecting a bounce towards 69 $ Take profit at 65.35 Stop loss should be placed below the green recktangle Good luck!
Hello traders Let's have a look at GDDY chart on 4h time frame. GDDY is at the support. Our strategy is to buy at the support and sell at the resistance. In our opinion it's pretty likely that we will see more ranging before choosing the direction for a trend. Entry, target and stop loss are shown on the chart Good luck!
1. Looks like Bullish Wedge Flag. Invalidated by breaking 23,77 support area. 2. Now consolidating in area around 22,77 and 23,58. Retesting resistance previous support. 3. Acording to the situation from technical analysis point of view and also that on 26.07.2023 the FOMC will take place. Markets are basically calculating with 0,25 interest rate raise. We assume...
Hi traders I found a good coin for an entry. It just right on the support level. SKL (Skale) is a Layer1 coin that offers solutions to the blockchain problems. Looking a the 4 hour chart, the RSI indicates that is currently oversold, and the price is sitting right on the support level, making it a good short term setup to take profit. Entry point:...
The price seems to be forming the head and shoulders pattern. We expect the bounce from the current level and the right shoulder development. Enter the short once the price forms the right shoulder and break the support. MACD looks bearish as we have had the bearish cross on 4h timeframe which confirms our bearish bias. Target is shown on the chart.
On the chart we can see the upward trend . We believe that the price will reach upsloping line which will be our entry for a long position. After that we expect the price will bounce and the price will increase towards our target which would be at 0.08. If the price closes below 0,063 we may see more downside. Good luck
Hello traders, Let's review OCEANUSD 1D chart. OCEAN still looks bullish and we expect a bit more upside, however it's limited now. It's not the best entry for fresh longs therefore we look for a short position soon as buyers will be taking profit and exiting their longs. - Our strategy is to acccumulate short between 0,465 - 0,50 usd - Target for shorts:...