Among the Layer-2 and ZK coins this one coin $ROSE from Layer-1 caught my attention. It successfully formed Cup & Handle formation which indicates a bullish trend, also volume is just increasing. It will face a small local resistance and if the market condition is good we may soon reach the profit target. Entry, Exit and SL clearly marked in the picture.
As a trader one must always look for a High Confluence setup. At least 3 technical points should meet at each other to be called as high confluence setup. In this case of $LRC 1. Price crossed trendline 2. Support zone successfully retested and created a demand. 3. Price also reversed from 50% Fib retracement. I am loving this, I am taking trade in it with entry,...
Conflux Network $CFX has been going berserk creating new demand, returning from Fib golden zone and breaking obstruction zones. Although bit late but it would be nice to catch up some profits in a move upward. Entry, Exit and SL marked in the picture. Disclaimer: Not a Financial Advice. Do Your Own Research
I found that large volume is coming in $MINA and also the chart pattern and trend shows bullish consolidation and a soon breakout. Although market is in downtrend it would be bit risky to trade, still I would advice you to take minimal risk and invest a very small capital with tight RR if you are willing to trade. Entry @ 0.920 Exit @ 1.150 SL @ 0.800
$JASMY managed to break from consolidation above first demand zone and now I am expecting it will rise above the second demand zone as well. If happens we can expect a rally up to 0.012 where it will face local resistance. Entry @ 0.0075 First TP @ 0.0089 Second TP @ 0.012 SL @ 0.0063
First and Second target achieved on BINANCE:GRTUSDT , but I'll continue the journey up until Third target stop. Anybody who wants to get on it, get in @ 0.14 with TP @0.155 and SL@0.125 Beware that It might take few days to reach there .
BINANCE:MANAUSDT is making some nice moves. A nice consolidation breakout of resistance zone at 0.76, and now retesting it for a support. Also a Fib Extension has given a clearance for the next target up till next resistance. Let's keep watching $MANA
$FET consolidated inside Bullish Rectangle for many days and finally managed to broke out with high volume confirmation. Once the retest done I am going in at 0.35 with 0.43 in sight for TP and 0.3 as SL.
Watching BINANCE:GRTUSDT closely on Daily TF. Inverse Head & Shoulder pattern formed, a minor pullback below neckline and then breakout is expected. Entry @.0820 Exit @.1000
After Bottom reversal BINANCE:GMTUSDT is clearly looking for leg up. A small local Resistance takeover will definitely lead a rally up to $1.15.
After reversing from bottom $KNC has retested Daily support zone, and if you look at Weekly TF you will see a rally straight up to $1.20 can be expected. Volume is incoming, only if market sustains the choppy sideways and do not take drastic turn we can expect the target hit soon.
Confluence or High Quality trading is where 3 or 4 technical signals merge with each other. BINANCE:MAGICUSDT showed up a nice confluence with FIB Levels, Exponential Moving Average, Trendline break and all that at Support zone. This High quality trade is what a Daytrader should always patiently wait and look for. All my level are marked in the picture. Let's...
$GALA again lookin clean. Support retested with a high volume breakout. Entry, Exit & SL marked clearly.
I am a fan of Fibonacci retracement. I have backtested 50% retracement like hundreds of times. Also in this BINANCE:FETUSDT trade price has retested support zone. Entry 0.2050 Exit 0.2550 SL 0.1850
Going Long on $FET after the coin had a 38% pullback right on support line and then continued on trend direction. Entry, TP and SL are marked. Orders also filled.
Break of Structure also acts as a support, and if there's a high volume confirmation you can take an entry in the trend direction. 1:7 RR Long entry on $ FISUSDT.
Took a Long entry in BINANCE:GALAUSDT after seeing the trend reversal. As marked, I will take a re-entry if it breaks through resistance and make it a solid support.
$LDO broke trendline and started fresh trend. Also successfully retested resistance turned support zone. Now waiting for orders to filled.