hi traders PEP is not looking good here. The price created a double top pattern which is bearish. We expect the price to retest the neckline and if we get a successful breakdown the short position can be taken. The target for shorts: 155 $ The invalidation would be if the price reclaims the support after the successful breakdown. In this case the short position...
Hi traders We can see that the price retested support multiple time. It seems the price will retest the price again and we are excepting that the support will hold and we will get the price reversal to the upsite. We can observe the regular bullish diversions which comfirms our bullish bias. Entry, targets and stop loss are shown on the chart.
Hi traders, we have spot a cup and handle pattern on this graph. The price is breaking out the resistance therefore we can take a long position here. The target is shown on the graph.
hi traders Let's take a look at SCHD weekly chart. As we can see SCHD has been in a long-term downtrend. Since January 2022 it's been in a mid-term correction which seems to be getting to the end. The price broke above the downsloping resistance already. If we get a follow-through, SCHD will make new all time high. RSI broke the down-trend on weekly which...
hi traders PLTR looks pretty good where it's now. The price has been creating higher lows and higher highs. Expecting uptrend continuation in the next weeks and months. Entry, stop loss and target are shown on the chart Our target is 20 $ ,however seeing price going higher to retest the upsloping resistance line wouldn't be a surprise, so if you're very...
Hello traders, after GOLD formed an all time high in December 2023, the price is still in the resistance zone of 2020$ and expected to break to the upside again. If this support level and the up slopping trendline cannot hold the price it can break to the psychological mark of 2000$. From there we can expect another entry for long positions. In each case, targets...
Hi traders Let's have a look at AAPL chart. The price is approaching the resistance zone where it got rejected already 2 times . We are expecting that before the succesfful breakout we will get one more rejection therefore it could be a great entry for the short position. The stop loss should be placed above the ressitance line becasue if the price breaks this...
Let"s have a look at LLY chart on the 4 hours time frame. LLY has been in upsloping channel. And the price has been creating higher lows and higher highs. We expect the price to retest upsloping support and to continue the upward trajectory. The long position can be taken at the upsloping support and target would be at the upsloping resistance. Good luck
hi traders, Let"s take a look at SQ chart on the 4 hours time frame. We expect the price to bounce until it reaches the resistance line. The short position can be taken after It reaches the resistance line. Entry, Stop loss and target are shown on the chart Risk-reward ratio: 4,88
Hi traders, Let"s take a look at MATIC chart on the 4 hours time frame. It is likely that the price is forming the falling wedge pattern. We expect the price to break out of the pattern. Long position can be taken after the successful breakout. Look for the volume increase in order to avoid trading the false breakout.
hi traders WTI looks good here. We are getting a bullish englufing candle on the weekly degree. It may be a sign of a trend reversal. Around 4,40 $ we should see a strong resistance. Looking for a pullback to enter long. Entry, target and stop loss are shown on the chart
hi traders Rune has been correcting since the top on 3rd of December. I believe that it will correct even more before resuming an uptrend. Buy zone: 2,70 -3 $ target: 6,40 -6,70$ MACD looks bearish, increasing negative momentum and signal lines below the histogram is not what bulls want to see here. Do you agree?
Hi traders AMD has been in a bullish market. The price has been consolidating in a falling wedge which is a bullish continuation pattern therefore we expect the continuation to the upside. 3 targets for bulls are shown on the chart. However, we won't be surprise if AMD will do new all time high . What do you think? do you agree?
Hi traders BTU looks good here. It's breaking the horizontal resistance and the probability of reaching 32 -33 $ in the next weeks is high. The price successfuly retested 200 SMA and confirmed it once again as a support. Entry, target and stop loss are shown on the chart. Risk-Reward ratio: 2,8
hi traders The price of AVAX has been forming a falling wedge. It touched the horizontal support as well. Once we get a successful breakout, the price should go towards 40,70 - 41,50 usdt. If the horizontal support fails, the wedge will break to the downside and the price could drop as low as 27 $. Be ready for both scenarios. Good luck
Hello traders, we are looking at EUR JPY pair, which is still in an upslopping channel and formed a beautiful head and shoulders pattern. We are waiting for a breakout of the neckline in order to enter the long position. Technical target for the inverted Head and Shoulders Pattern is at 163 as shown on the chart. In order to avoid trading the fakeout, look for...
hi traders Sushi has been in a consolidation for a while but now it may be a time to blast off again. The price remain under the resistance but once we get a successful breakout , it should pump hard 2 $ is a target If the upsloping support fails, more downside may be likely . For now, we are bullish on SUSHI.
hi traders how are you? ICPUSDT had an impressive run, but imo the top is in and it's time for a correction. Next a few weeks we should see a price downtrendling. Buy when the price reaches the buy zone (DCAing at 8,10 -7,20 usdt). From there we're expecing a new uptrend to start. Target: 23,500 usdt