SOLUSDT has had a nice pump but it may be over soon. the price is approaching the downsloping resistance where we should see sellers stepping in. If it break higher , there's a very strong resistance at 26- 27 $. Either way, it will come back down so buying now is not the best idea. Short at the resistance and take profit / close shorts at the support. 2 targets...
As we can see on the chart, the price remains in the range. It looks like a consolidation before choosing the direction. On 4h time frame it looks pretty good for bulls now as the negative momentum is fading and we are close to getting the bullish cross on MACD. However before the pump, we expect the price to go a little bit lower to retest the bottom of the...
MKS has created a higher low on the weekly time frame. It's a great confirmation of the uptrend after such a brutal long-term bear trend. Expecting 100 % move up on weekly so it will take some time but our target would be around 377 $. However it's not the best entry now as the stop loss would have to be placed below 90 $. So it's not a trading idea with a low...
TOMOUSDT is downtrending . We expect that 0,786 fib level will act as a temporary support where we can expect a 40 % bounce before continuing lower. Entry for long would be around 0,75$. However mid-term we should expect lower prices and 0,40 $ would be a reasonable entry for a swing long again as the higher low trajectory would be held in tact. Good luck!
On the chart we can see a rising wedge. Our strategy is entering the short once the price breaks below the downsloping support line. Approx. target is shown on the chart.
TATASTEEL may be ready for a bigger move soon. We are ready for a move in either direction. Targets for longs and targets for shorts are shown on the chart. Good luck.
On the chart we can see a rising wedge formation. We expect the price breaks down of the wedge. Our strategy is to short when the price breaks out of the wedge with increasing volume. Regular bearish divergences confirm our bearish bias on the stock.
On the chart we can see a descending channel pattern. If the price retests the downsloping support , it would be the entry for a long position. The target would be at the downsloping resistance. Invalidation of this trade would be if the price closes below the downsloping support line.
On the chart we can see the price is consolidating inside the ascending triangle. The price broke above the horizontal resistance line, so it might be the entry for a long position. The price remains above the alligator's lines which is bullish. Target is shown on the chart.
BCHUSD came back into the buy zone. 1 target: 164 $ 2 target: 205 $ 3 target: 270 $ If BCH goes below 87 $, it may drop much lower.
On the chart we can see that the price of ENVX is approaching the horizontal resistance. The move seems to be overextended. Therefore, it is reasonable to expect a pullback before continuing higher. Moreover the RSI indicator is showing that the asset is currently overbought. The entry, the target and the stop loss are showed on the chart. Good luck !
RSI is uptrending as well which shows strength of the trend. We believe that the price will increase. So we can enter the long position now. Potential profit 72%. Risk reward ratio: 5,15 3 targets are shown on the chart.
On the chart we can see that the price is respecting the downsloping support. We got one fakeout to the upside but eventually the price came back into the formation. It the support holds, we expect that the price will break the resistance and then we should see an impulsive move to the upside. We can entry long once the price breaks above the resistance . To...
On the chart we can see a rising wedge. Our strategy is entering the short once the price breaks below the downsloping support line with a volume increase Approx. target is shown on the chart. Make a note that the target may change as it depends when and where the breakout occurs. To avoid trading the fakeout, looks for a volume surge
UPS looks pretty good. The higher low seems to be confirmed and UPS may be ready for a mark-up phase . Expecting a strong move in the next weeks. Entry, stop loss and 2 targets (red lines) are shown on the chart. Risk - reward ratio : 2,72 Good luck
the RSI indicator is at the overbought conditions which could result in a price drop. MACD is also showing a decreasing positive momentum and we may get a bearish cross soon. The move seems to be a little bit overextended therefore the correction may be expected. entry, stop loss and 2 targets are shown on the chart.
With the help of trend lines, we can see that OFFS could increase on the long run. RSI is uptrending as well which shows strength of the trend. MACD is also showing a increasing positive momentum
As we can see on the chart NFLX has been uptrending and currently the price is respecting the upsloping support. We expect this trend to continue therefore our strategy is entering a long position close to upsloping support (now at 424,08 $). The target would be at the upsloping resistance which is a top of this rising channel. Invalidation of this trade would be...