CASPER looks like its setting itself up for a bullish move after a horrendous ABC correction which required a new management team and engagement to the community. It finally looks like the worst is over and there is light at the end of the tunnel for CSPR holders.
BINANCE:EGLDUSDT #EGLD / USDT Entry ( 28.00- 34.00) SL 1D close below 10.56 T1 52.00 T2 78.00 T3 100.00 T4 140.00 T5 180.00 ______________________________________________________________ Golden Advices. ******************** * collect the coin slowly in the entry range. * Please calculate your losses before the entry. * Do not enter any trade you find it not suitable for you. * No FOMO - No Rush , it is a long journey. Useful Tags. **************** My total posts https://www.tradingview.com/ideas/crypto_alphabit/ ********************************************************************************************** #Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR #JOE #TIA #TFUEL #HOT #AVAX #WAXP #OGN #AXS #GALA #ONE #SYS #SCRT #DGB #LIT #QI #FIL #GLMR #ATOM #LTC #MANA #ONT #TLM #SLP #ROSE #NEO #EGLD
- M1: breakout candle. - D1: side-way - waiting confirmation candle
SUSHI looks great, Done with EW second (correction) wave. Preparing to wave 3.
- M1: breakout candle. - D1: side-way - waiting confirmation candle
The recent stock market selloff was stirred by Trump's bold ideas about the Panama Canal, Canada, and Greenland. Right now, the Index is flirting with its 100-day moving average. If it stays below 5,830, I predict another downward swing, aiming for a near-term target 5,600.
This stock has still upside potential. As for right now this was a much needed retest to continue to the upside. If we see a closure below the last weekly zone. We could expect a further drop down to show us support but not currently looking for that just yet. Just keeping it mind.
Based on this, you've marked the nearest support zone where the price could potentially reverse and start moving upwards again. This is a common technique used in technical analysis to identify key price levels that may act as support or resistance. Here are a few things to consider in this situation: 1. Nearest Support Zone The support zone is a price level where demand tends to prevent the price from falling further. If PEAQ drops to this support zone, there is potential for a reversal and upward movement. If the price touches the support zone but fails to break through, it could signal that the price will move upwards again. 2. Potential Pullback During a pullback or correction phase, the price often declines before it resumes the main trend (in this case, bullish). Temporary declines provide an opportunity for buyers to enter at lower prices before the bullish momentum kicks in. Using indicators such as RSI (Relative Strength Index) or MACD (Moving Average Convergence Divergence) can help identify if the price is in oversold territory, suggesting the decline may be nearing its end and a reversal could happen. 3. Using the Support Zone as an Entry Point If PEAQ touches the support zone you've marked, this could be a good entry point to buy, with the expectation of a subsequent bullish movement. However, it’s important to monitor the price action closely and use appropriate position sizing to manage risk. You can also consider using a stop-loss just below the support zone to protect your position in case the price continues to fall further. 4. Volume Analysis Pay attention to the trading volume as the price approaches the support zone. An increase in volume could indicate that the market is ready to reverse and resume its bullish trend. With all these factors in mind, if your analysis is correct and PEAQ rebounds from the support zone, the bullish movement could offer profitable opportunities. However, always remain cautious of market volatility, especially if the price continues to fall beyond the expected support level.
Buying trade opportunity in BTC. However, it is important to highlight that, on the macro timeframe (monthly), BTC has not yet completed its corrective move. Additionally, there is significant liquidity in the 79k to 76k region. It is crucial to stay alert to this possibility before the price truly begins an unprecedented rally.
- M1: breakout candle. - D1: side-way - waiting confirmation candle