hi traders Analyzing the chart of Schlumberger Limited (ticker symbol: SLB), we can identify the formation of a symmetrical triangle pattern, indicating a potential breakout in the near future. Schlumberger Limited (SLB) is worth investing in due to its position as a leading player in the oilfield services sector, which is experiencing a rebound as global energy...
Hi traders, Focusing on Gilead Sciences, Inc. (ticker symbol: GILD), we can see that it has formed a falling wedge pattern over the past few weeks, indicating a potential bullish reversal. Despite recent challenges, there are compelling reasons to consider a long position in this stock. Gilead Sciences has been a key player in the pharmaceutical industry, known...
hi traders BTC.D formed a rising wedge which is a bearish pattern. I think that we may see a breakdown soon which may cause an altcoin season. Can't say when exactly we will get a breakdown but I think it may happen soon, in the next weeks / months.. Altcoins seem to be cheap now as well, so buying some altcoins and getting ready for an alt season is the...
hi traders After a recent mega pump caused by some new, HBAR retraced almost all the move. In my opinion, HBAR is going for a higher low which will be a great place to buy some HBAR again. Targets for longs are 0,14 and 0,1585 This is another example of the chart that proves why it's important to take profit in the cryptocurrency market (and any other market)...
hi traders Let's take a look at BNBUSDT. The chart is very self-explanatory. Buy at the bottom of the range and sell at the top of the range. Expecting the support to hold and give traders a chance to buy at the support again. If support fails, it may go much lower, so don't forget to put a stop loss ! Good luck
XRPUSD looks good and it's ready to participate in an alt season which may be around the corner. The price has been respecting the key support but also has been getting rejected by the downsloping resistance. Once we ge at successful breakout, it will pump hard. Targets which we expect to be reached in 2024: -1,58 $ - 1,96 $ How long it will take to reach these...
hi traders ICXUSDT is ready for an impulsive move. 0,54 $ may be reached in December or Q1 2024. In Q2 or Q3 2024 we should see 1,25$ price. Patience required, but Icon and many other altcoins are still very undervalued. Can it go higher? Sure, but don't be greedy and don't forget to take profit !
Hi traders, On a chart we can see that today Aptos price broke the significant horizontal support on 4hr timeframe. If this is the case we should be waiting for a retest of that key support level now acting as resistance. Also we can see a that the price is bouncing off of the bearish trendline that should also be acting as a resistance. This indicates a good a...
Hi traders, We can see on the chart that the price of TON is in a downtrend, however it is approaching the key support level at the 4.859$. Because of that we expect a potential bounce off of this key level of support and potential entry for a long position at the support. Target profit price for long position would be around previous support level that now...
TSXV:BAT is the native token of Brave, one of the most used Web3 native browser. We can observe that its price almost reached its long-term trend support during the accumulation of the bear market. We can consider the zone between $0.11 and $0.50 as a good buying zone to constitute bags by DCAing. We are going to have a bullish confirmation after a closure...
Hi traders, Turning our attention to Beyond Meat (BYND), we can see that it has formed a falling wedge pattern over the past few weeks, signaling a potential bullish reversal. Based on Beyond Meats recent performance and market sentiment, there are compelling reasons to consider a long position in this stock. Despite challenges in the market, Beyond Meat has...
hello traders Expecting PYTHUSDT to retest the resistance and get rejected again. A pullback towards 0.6250 to create higher low is likely and from there we may see more upside again Entry, target and stop loss are shown on the chart
1Inch is the most used DEX Aggregator and has more liquidity than any DEX. And yet, the token associated with the project hasn't seen much growth for several years yet. The price is still in the accumulation phase, but we can see that it is sustained and that long-term investors haven't given up on the project. At its maximum capitalization, this crypto was...
hi traders Let's have a look at SONY . SONY has been in a macro downtrend. It looks like the price formed double top pattern on weekly time frame. 2 tops around 100 $ , at the 0.382 fib level acting as a resistance. In my opinion it's not a time to look for longs on SONY. I would rather short it if the support at 80 $ fails. Breaking below 80$ will be a...
Hi traders, The price is in a downward trend according to the pattern. When the price reaches the horizontal support line of the triangle, I expect a downfall. Enter short once the price breaks the support or if we get a bearish retest Target is shown on the chart
hi Traders IWM looks kinda bearish and we're seeing a lot of selling pressure on both on daily , weekly and monthly timeframe. Our strategy is to play the bounce from the key support level which is shown on the chart. If this key support level fails, most likely we will see more downside on IWM. Entry, target and stop loss are shown on the chart. Good luck
hi traders Bake reached a key resistance and got rejected. Now we're seeing a pullback and most likely we will see some consoliadtion before the continuation to the upside. Make a note that the trend is bullish now. We got a bullish cross on SMAs which signals a trend reversal. 2 possible scenarios are shown on the chart. In both cases, mid-term target is...
hi Traders PayPal is one of those stocks which we are invested in heavily. From the fundamental perspective , PayPal is a very profitable company and is currently very undervalued. When it comes to technicals, it looks more and more interesting. On daily timeframe we can see that the price broke the resistance . The long position can be taken now and the...