TON - Raising to the moon#TON/USDT #Analysis
Description
---------------------------------------------------------------
+ Price has successfully reversed from the support zone and we are seeing a strong bullish trend.
+ i'm expecting to see a minor pull back before hitting the resistance zone.
+ I see a good opportunity for long trade here.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 6.6
Stop Loss: 5
------------------------------
Target 1: 7.2
Target 2: 8
Target 3: 10
------------------------------
Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Support
PEPE - breakout from the resistance #PEPE/USDT #Analysis
Description
---------------------------------------------------------------
+ Price is currently trading near the trendline and also hit the resistance line.
+ We can expect a consolidation in this zone.
+ Enter a long trade when resistance is broken.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.00000907
Stop Loss: 0.00000780
------------------------------
Target 1: 0.00000970
Target 2: 0.00001057
Target 3: 0.00001163
------------------------------
Timeframe: 1H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ATOM/USDT - Will the support hold ? BINANCE:ATOMUSDT (1W CHART) Technical Analysis Update
ATOM is currently trading at $6.786 and the price has reached it's support level and this support level held strong couple of times in the past, i'm expecting the support to hold this time. The trade is invalid if the candle closes below the support zone.
Entry level: $ 6.788
Stop Loss Level: $
TakeProfit 1: $ 8.050
TakeProfit 2: $ 10.629
TakeProfit 3: $ 13.189
TakeProfit 4: $ 17.218
TakeProfit 5: $ 25.846
TakeProfit 6: 38.797
Max Leverage: 3x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
LINK - Support is holding strong. What's next ?BINANCE:LINKUSDT (1W CHART) Technical Analysis Update
LINK is currently trading at $13.6 and price has reached it's support zone, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range, we will keep our SL below this 9$ range
Entry level: $ 13.6
Stop Loss Level: $ 7.8
TakeProfit 1: $ 15.261
TakeProfit 2: $ 19.410
TakeProfit 3: $ 22.745
TakeProfit 4: $ 33.347
TakeProfit 5: $ 49.206
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
FET - Bouncing back from the support zoneBINANCE:FETUSDT (1D CHART) Technical Analysis Update
FET is currently trading at $1.29 and showing overall bullish sentiment. The price has hit the support zone and held strong. We are seeing a clear bounce back from the support, which is a bullish sign and a good opportunity for a long trade.
Entry level: $ 1.303
Stop Loss Level: $ 0.910
TakeProfit 1: $ 1.487
TakeProfit 2: $ 1.644
TakeProfit 3: $ 1.876
TakeProfit 4: $ 2.329
TakeProfit 5: $ 3.336
Max Leverage: 3x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
LTC/USDT 1D ChartHello everyone, I invite you to a quick review of the LTC/USDT chart on the 1D time frame. As we can see, the price had a sudden downward impulse below the local downtrend channel, but it quickly returned.
Going further, you can see how the price returned above the support at $56.5, then support at $51, and then strong support at $44. Looking the other way, there is resistance at $62, the next resistance is at $65.5, and then there is strong resistance at $70.
Only when the price breaks above this resistance will the path towards the next very strong resistance at $82 be opened.
SWING IDEA - ASHOK LEYLANDThis chart reveals a harmonious convergence of price action and key indicators, suggesting a potential buy opportunity on the horizon. The stock has displayed remarkable strength, with patterns that indicate a possible upward trajectory.
Reasons are stated below :
price tested 168 levels twice on weekly tf and finally has come down to retest after a strong breakout
0.382 Fibonacci level support
50EMA support on daily tf
formed 2 hammer like candles with a long wick indicating a buy-push
ASHOK LEYLAND is a fundamentally strong stock on which we can rely.
this seems to be a golden opportunity to buy this gem.
TARGETS - 207 // 233 // 260 // 300
SL - 154
thank you.
Bitcoin - Weekly chart Update - Bears will lose#BTC/USDT #Analysis
Description
---------------------------------------------------------------
+ Bitcoin has bounced back with a 15% recovery from the recent market low, a positive sign indicating resilience. The price is currently holding above a critical support level, which is crucial for maintaining bullish momentum.
+ While the price is trading above support, a major drop below this level would be concerning for Bitcoin’s long-term outlook. The next significant support is at $45K, a crucial trend line. A break below $45K could signal the onset of a bear market.
+ Despite the recent recovery, August and September are expected to be challenging months for Bitcoin. The market is likely to range with multiple spikes and drops, potentially leading to liquidations for both bulls and bears. This period of volatility requires careful risk management.
+ I remain optimistic that Bitcoin will hold above the $50K level, with a gradual recovery likely from this area. Maintaining support above $50K is essential for avoiding a deeper downturn and sustaining the long-term bullish trend.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
SOL - Reversal Trade#SOL/USDT #Analysis
Description
---------------------------------------------------------------
+ The price has once again tested a crucial support level for the third time, a zone that has proven resilient in past corrections. This setup presents a potential trade opportunity as the price targets a strong resistance level aligned with the previous all-time high (ATH).
+ There is a favorable trading opportunity from the current support zone up to the resistance level.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 143.79
Stop Loss: 106.86
------------------------------
Target 1: 160.52
Target 2: 172.89
Target 3: 194.87
Target 4: 233.20
------------------------------
Timeframe: 3D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Price Hits Key Support Zone at 0.992 with Potential for Rebound#ZIG/USDT #Analysis
Description
---------------------------------------------------------------
+ The price has reached a critical support zone around the 0.992 range, and there are signs that it may be poised for a bounce back.
+ Support Zone: The price has hit the 0.992 support level, a key area that could provide a foundation for a potential rebound.
+ Bounce Potential: Current price action suggests a likelihood of a bounce from this support zone
+ RSI Divergence: A clear divergence on the RSI indicates a potential shift in momentum, further supporting the case for a possible rebound.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.099014
Stop Loss: 0.076742
------------------------------
Target 1: 0.110634
Target 2: 0.123872
Target 3: 0.140993
Target 4: 0.161473
------------------------------
Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
SOL-USDT 1D chart Hello everyone, I invite you to a quick review of the SOL/USDT chart on the 1D time frame. As we can see, the price had a sudden downward impulse below the upward trend line, but quickly returned above it.
Going further, you can see how the price returned above the support at $140, then support at $126, and then strong support at $105.
Looking the other way, you can see resistance at $154, the next resistance is at $166 and then strong resistance at $182.
MATIC: Support holding strong | Expect a bounce soon#MATIC/USDT #Analysis
Description
---------------------------------------------------------------
+ MATIC has reached a critical support zone, a level that has held strong for more than two years. The price is currently at this same support zone, and while we have yet to see a strong rebound, expectations for a bounce back remain high.
+ This major support zone has been a reliable foundation for over two years, consistently preventing deeper declines.
+ he price is once again testing this key level, and so far, the support has held firm. While a significant rebound has yet to materialize, the strength of this zone suggests that a bounce back could be imminent.
+ Though a strong rebound has not yet occurred, the historical resilience of this support zone indicates a high likelihood of a recovery in the near term.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.4234
Stop Loss: 0.2836
------------------------------
Target 1: 0.5477
Target 2: 0.7841
Target 3: 0.9784
Target 4: 1.4520
Target 5: 2.5783
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
BAKE: Breakout will push price by 200%#BAKE/USDT #Analysis
Description
---------------------------------------------------------------
+ BAKE has repeatedly retested a key support zone, demonstrating resilience as the price continues to hold strong at this level. The latest test of this support presents a potential opportunity for a bounce back.
+ Multiple Retests: The price has tested this support zone multiple times, each time holding firm, which reinforces the strength of this level.
+ Current Setup: The price has once again hit the support, and we anticipate a bounce back from this zone, offering a favorable setup for a long trade.
+ Trade Opportunity: Given the consistent strength of this support zone, entering a long position with a target based on the expected bounce could be a promising strategy.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.2918
Stop Loss: 0.1790
------------------------------
Target 1: 0.3442
Target 2: 0.4085
Target 3: 0.5613
Target 4: 0.8131
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
API3 - Will it retrace ?#API3/USDT #Analysis
Description
---------------------------------------------------------------
+ Price had significant retracement from 4.8 to 1.08 with -76% crash from recent high
+ it is trading around the local support zone and we are seeing significant retrace from the crash.
+ If this support holds then we can expect a sharp bounce back from the support zone.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 1.415620298
Stop Loss: 1.009165284
------------------------------
Target 1: 1.7841
Target 2: 2.3682
Target 3: 3.3682
Target 4: 4.9078
Target 5: 9.1698
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
AMB (AirDAO) - Expect huge bounce back from the supportCRYPTO:AMBUSD (1W CHART) Technical Analysis Update
AMB is currently trading at $0.00810881 and showing overall bullish sentiment
Price has hit support multiple times and always bounce backend from the support zone, this support zone has never broken in the last couple of years. Fundamentally AMB is strong token with huge potential for growth.
Entry level: $ 0.00818628
Stop Loss Level: $ 0.00424781
TakeProfit 1: $ 0.01232100
TakeProfit 2: $ 0.01819480
TakeProfit 3: $ 0.03440407
TakeProfit 4: $ 0.09336532
TakeProfit 5: $ 0.17993132
TakeProfit 6: $ 0.36364228
TakeProfit 7: $ 0.88043750
Max Leverage: Spot or 2x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
Gold prices enter a recovery period and the plunge is overOANDA:XAUUSD Against the backdrop of concerns about economic recession, global assets are experiencing a sell-off.
But as a safe-haven asset, shouldn't gold rise? Instead, it followed the sharp drop of $100.
This situation is very abnormal, so I don't think gold will continue to fall. Once investors calm down and look back, gold will soon highlight its safe-haven characteristics.
The market now believes that the probability of the Federal Reserve cutting interest rates by 50 basis points in September is 90%, and the US dollar index is also falling, and the probability of gold prices continuing to fall is shrinking.
And the Middle East geopolitical crisis has not yet passed, and you don't know when it will break out again, leading to rising risk aversion.
Under the above multiple premises, we should not be overly bearish on gold
Technically speaking, 2420 is a watershed, which has already highlighted its importance in the previous trends that have served as resistance and support many times. Once it breaks through, it will open up room for growth.
On the contrary, gold will maintain a low-level oscillation pattern, because such actions will be carried out after a big drop or a big rise. The main support area below is 2380-2365. Be prepared to sell if it falls below.
★Welcome to share your views and questions below, let's discuss TVC:GOLD 's latest ideas
ETH-USDT 12HInterval Chart ReviewHello everyone, let's take a look at the ETH to USDT chart on a 12-hour time frame. How can we see how the downtrend channel has been defined for us, in which we are at the lower border.
Let's start by determining the support line and here you can see how the support at $2,823 has been broken and we are currently approaching the strong support at $2,626, while when we start going further, the next support is around $2,392.
Looking the other way, there is resistance at $2,922, and then the price will again have to face the resistance zone from $3,098 to $3,225.
GOLD - Reversal or further correction ?#GOLD #Analysis
Description
---------------------------------------------------------------
+ GOLD price has reached the current support zone which acted as resistance in the past.
+ We can expect a slight bounce from the current support zone however it doesn't look promising.
+ If the bounce continues we then there is a slight chance of hitting 2470 price.
+ Mostly likely the support will not hold and price can expected to be corrected further with the major support around 2350
+ Minor support is around 2392 which can act as a temporary support for before bouncing back from it.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
BNB - Potential rebound expected after correction#BNB/USDT #Analysis
Description
---------------------------------------------------------------
+ BNB currently trading around 510 with the next target around 455 range support.
+ If the support holds then we can expect to bounce back from the 455 zone, with the next resistance is around 575
+ Wait for the correction before entering, you can put a limit order around 460
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 460-500
Stop Loss: 410
------------------------------
Target 1: 550
Target 2: 595
Target 3: 670
Target 4: 750
------------------------------
Timeframe:3D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
8.3.2024 Oil Weekend Pre Market AnalysisIt's the weekend. I like to go out to my larger charts and clean off the entire chart and start analyzing the instrument for next weeks trading.
We know that price is going to move up or down from where it currently is located, so we just need to make up a game plan to trade it..
Looking out at the 4 hour, 1 hour, and 15 minute charts for our trend and target analysis. Then dialing it down to the 3 minute or 15 minute to look for an entry!
8.3.2024 Platinum Weekend Pre Market AnalysisIt's the weekend. I like to go out to my larger charts and clean off the entire chart and start analyzing the instrument for next weeks trading.
We know that price is going to move up or down from where it currently is located, so we just need to make up a game plan to trade it..
Looking out at the 4 hour, 1 hour, and 15 minute charts for our trend and target analysis. Then dialing it down to the 3 minute or 15 minute to look for an entry!