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Bullish Patterns

RNDR Long Position (Accumulation Phase)Market Context: RNDR has been through an extended markdown phase, with market makers taking profits, driving prices down to fair value. Now, the market appears to be in an accumulation phase, where most of the weak hands have exited. This creates an opportunity for strategic entry, positioning for the next bullish move. Trade Setup: Entry: $4.70 - $5.30 Take Profit: First target: $6.30 Second target: $7.50 Third target: $9.00 Stop Loss: Daily close below $4.50 This trade aims to capitalize on the potential accumulation phase as RNDR prepares for a possible move higher. #RNDR #Crypto #Accumulation #PriceAction #Trading
Long
by Richtv_official
PEPE Long Position (Higher Lows & Support FlipMarket Context: PEPE is forming higher lows above the 21 EMA, flipping resistance into support, indicating potential momentum for the next leg up. We're looking for consolidation around the current support zone and a potential breakout of the $0.000011 resistance level. Trade Setup: Entry: Around the current support zone Take Profit: First target: $0.000011 - $0.00001134 Second target: $0.00001250 - $0.00001280 This trade is based on the expectation of price coiling and breaking resistance for further upside expansion. #PEPE #Crypto #SupportFlip #EMA
Long
by Richtv_official
$TOTAL Crypto Market Cap Trying to Breakout - Retail IS ComingOnly thing we’re waiting for is the Crypto Total Market Cap to breakout. Golden Cross on the horizon. That’s why we’ve seen lack of volume in breakouts for CRYPTOCAP:BTC and Alts. Means money is just switching from coin to coin, primarily from Tether in circulation, hence why CRYPTOCAP:USDT.D is going down. CRYPTOCAP:TOTAL breakout will be fueled by retail, which should slowly come in the next couple weeks leading into another round of rate cuts on the 14th, followed by Donald J. Trump being declared the President of the United States the very next day 🇺🇸❤️ YOU'RE NOT BULLISH ENOUGH 🎯
CRYPTOCAP:TOTALLong
by jonnieking
$BTC Closed Outside 250D Range - PREPARE 4 BLAST OFF14 days until the next Rate Cut, and the following day is the Presidential election 🇺🇸 CRYPTOCAP:BTC just closed its Weekly Chart outside a 250 Day accumulation range. You’ll never see $60k Bitcoin again. You should be FULLY deployed by now. Spot Only. NO LEVERAGE. Don’t be a trader. Sit on your hands the next 12 months and just follow the charts for indicators on when to sell and the TL for euphoria. CRYPTOCAP:USDT.D should be your main focus on when to exit the market completely.
Long
by jonnieking
PayPal (PYPL): Ready for a pullback after hitting wave (iii)Plan the trade and trade the plan. That’s exactly what we’ve done with PayPal. In our last update a month ago, we stated: “We are going to take more profits once we are getting into the $81 area,” and now, we’ve done just that as NASDAQ:PYPL has reached the minimum target for Wave (iii) at $81. With the position now up 37%, we see more upside potential, but a pullback here could offer a prime second entry spot. Several factors are aligning in the chart, reinforcing our conviction for a good re-entry. First, we are seeing a bearish RSI divergence, suggesting a more significant drop than the minor one we've already seen. Ideally, we’d like to see the price dip below the last level before the low-volume node at $76. A low-volume node represents an area of little trading activity, which means the price tends to move quickly through these zones in the future. As for the entry, two key levels stand out to us. The high of the recent accumulation phase before the last leg up and the low of the same range, which aligns with the level of Wave (i). In theory, this level should not be breached. While we don’t strictly adhere to Elliott Wave theory, we prefer not to see the stock close below this level for an extended period. A wick below or consolidation around this zone would be valid for us. Additionally, the 38.2% Fibonacci retracement level sits in the middle of this accumulation phase, making it our targeted entry for Wave 4. Therefore, the level between $72.78 and $70.62 seems ideal for a re-entry. Given the upcoming election, it would be safer to play this setup with a wider stop-loss or soft stop-loss (manual stop-loss) to account for potential volatility or sudden price wicks. At the moment, we haven’t set a limit order but have activated alerts. Once the price dips below $76, we will activate our limit order and get ready for the next leg up. 🔥
NASDAQ:PYPLLong
by freeguy_by_wmc
EURUSD Potential LongAs EURUSD stalls at the immediate demand level talked about in the previously shared idea, our expectation was to see bullish price action print, which was delivered with Friday closing very bullish. While this was expected, it does not appear the buy move is ready as there are still some bears lingering in this market. With this in mind, my anticipation for this week is to see the Fiber trade above last Thursday's high (1.0874) where we have sell-stops sitting in the interim. Clearing this liquidity should be sufficient in seeing price roll deeper into that demand where we expect to see the bulls take charge for a bit, 1.0808 being the price of interest for buying. Should price print as predicted, we should have a retracement buy move play into our hands. See y'all mid-week,GLGT!! LloydFx
Long
by LloydFX
DinoLFG’s Technical Setup Suggest a Potential Surge – Here’s WhyDinoLFG ( NYSE:DINO ) is much more than a typical meme coin; it is a cryptocurrency positioned to leverage its community-focused approach while offering tangible utility. Currently priced at $0.006278 USD, DinoLFG ( NYSE:DINO ) has experienced a 21.29% surge in the last 24 hours, supported by an active and growing community. While the crypto market is saturated with numerous meme coins, DinoLFG ( NYSE:DINO ) differentiates itself through its innovative initiatives and commitment to long-term growth. A Community-Centric Vision From its inception, DinoLFG ( NYSE:DINO ) has been focused on creating a strong and engaged community, employing initiatives such as games, regular crypto tips, and interactions on platforms like Telegram and Twitter. This strategy has attracted a loyal user base, fostering a sense of inclusion and ownership. DinoLFG also highlights its social responsibility with a charity program, which adds a level of ethical appeal to its image. One of the notable milestones for DinoLFG is the launch of DinoPad, a launchpad for incubating new projects, signaling the team’s ambition to expand its ecosystem and utility. This marks a significant step forward for DinoLFG, as it moves beyond the meme coin realm and into a space that supports innovation and new ventures. With a circulating supply of 312,948,493 DINO coins and a growing market cap of $1.96 million, the coin’s potential for further growth remains high, especially considering its community-driven nature and active social media presence. Key Technical Insights: Eyeing a Major Breakout DinoLFG's current price of $0.006241 reflects a minor gain of 0.11%, but the coin's potential for future growth remains promising. Having reached an all-time high (ATH) of $0.12, DinoLFG has undergone a market correction, like many other tokens, and is now forming a falling wedge pattern—a typically bullish technical signal. This wedge pattern suggests a potential breakout as the price consolidates, and traders are eagerly watching for a move toward the next pivot point at $0.0071, which could spark a significant rally. Although the Relative Strength Index (RSI) is currently at 75, indicating overbought conditions, this is often a signal of bullish momentum. Traders should keep an eye on the support level at $0.0053, as a consolidation at this level could provide a strong base for a surge towards new highs. Another key factor contributing to potential future price increases is the fact that DinoLFG is only listed on Gate.io, meaning that additional listings on major exchanges could dramatically increase exposure and liquidity, driving further price appreciation. Supply Dynamics: One of the most intriguing aspects of DinoLFG ( NYSE:DINO ) is its untraced total supply. If the development team decides to implement mechanisms that create scarcity—such as burn events or limiting supply—this could significantly boost the coin's value. A strategic supply limitation would drive demand as the community grows, setting the stage for a massive influx of new buyers. Conclusion: DinoLFG ( NYSE:DINO ) is not just another meme coin; it is a project that has demonstrated clear steps towards utility, innovation, and community-building. With its robust roadmap, ongoing engagement efforts, and potential technical breakout, DinoLFG ( NYSE:DINO ) is well-positioned for future growth. However, as with all cryptocurrencies, investors should remain cautious and conduct thorough research, keeping in mind the market's inherent volatility.
UNISWAP3ETH:DINOWETH_19C10E.USDLong
by DEXWireNews
Sweetgreen (SG) AnalysisCompany Overview: Sweetgreen NYSE:SG is strategically expanding its footprint, with four new restaurant openings in Q2 2024, including a significant location in New Hampshire. This move underscores Sweetgreen's focus on untapped markets, aimed at driving revenue growth and geographic diversification. Key Catalysts: Expansion into New Markets: Opening in new locations, particularly in New Hampshire, demonstrates Sweetgreen’s plan to broaden its market presence, catering to new customer bases, which could meaningfully contribute to its overall growth trajectory. Infinite Kitchen Concept: The successful implementation of the Infinite Kitchen at Penn Plaza is a game-changer. This innovative concept, which reduces wait times to under 3 minutes while improving operational efficiency, enhances the customer experience. As this model is scaled across more locations, Sweetgreen stands to gain from higher margins and enhanced customer satisfaction, potentially leading to stronger unit economics. Operational Efficiency: The Infinite Kitchen rollout improves labor productivity and reduces operational bottlenecks, allowing Sweetgreen to serve more customers in less time. This could be instrumental in improving both top-line growth and profit margins. Investment Outlook: Bullish Outlook: We remain bullish on SG above $33.00-$34.00, with the company's ability to innovate through its Infinite Kitchen model and its focus on entering new markets. Upside Potential: Our upside target for SG is $62.00-$64.00, driven by operational improvements, increased restaurant count, and scalability of its efficient kitchen model, which should bolster profitability and revenue growth. 🚀 SG—Innovating in Food Service with Efficiency and Expansion. #RestaurantGrowth #OperationalExcellence #Scalability
NYSE:SGLong
by Richtv_official
1
SoFi Technologies (SOFI) AnalysisCompany Overview: SoFi Technologies NASDAQ:SOFI has been on an impressive growth trajectory, with its member base increasing by over 40% year-over-year to reach 8.8 million as of Q2 2024. This significant expansion underscores SoFi's ability to not only acquire new members but also retain and cross-sell to its user base, positioning the company as a major player in the fintech space. Key Catalysts: Product Mix Shift: The strategic shift from a reliance on lending products to a broader array of financial services products—which now outpace lending offerings—boosts margins and improves the lifetime value of SoFi’s customers. This diversification strengthens the company's business model by lowering its dependence on traditional loans. Earnings Momentum: SoFi has consistently outperformed earnings expectations, evidenced by 11 upward revisions in the last 90 days. This signals strong financial management and operational efficiency, which is expected to drive further investor confidence. Growing Member Base: SoFi's ability to grow its member base at a 40% annual rate is a clear sign of the company’s competitive advantage in the fintech space, particularly through the seamless cross-selling of products across its ecosystem. Investment Outlook: Bullish Outlook: We are bullish on SOFI above $9.00-$10.00, as the company’s ability to grow its member base and shift to higher-margin products sets the stage for sustained growth and stock appreciation. Upside Potential: Our upside target for SOFI is $15.00-$16.00, driven by strong earnings performance, a diversified product mix, and expanding membership, all of which contribute to improving financial metrics and stock valuation. 🚀 SOFI—Fintech Leader on a High-Growth Path. #Fintech #FinancialServices #EarningsOutperformance
NASDAQ:SOFILong
by Richtv_official
LRC Long -> 1.36$Long Position on LRC/USDT We have entered a long position at the current price of 0.1348 USDT. Based on our chart analysis, we expect the price to soon reach the marked levels. At each target, we suggest taking partial profits to secure gains and reduce risk. Targets: 0.50 USDT – First target, take partial profits here. 0.80 USDT – Second target, take more profits. 1.40 USDT – Final target, exit the remaining position. A stop-loss should be placed below the recent low to manage risk effectively.
Long
by SerenityEquity
2