Bullish Engulfing Candle: The current price action forms a Bullish Engulfing pattern, where the green candle completely engulfs the prior red candle. This indicates strong buyer momentum, hinting at a potential uptrend. Key Levels: Entry Point: $137 – A breakout above this level confirms the pattern’s validity. Stop Loss: $132 – Positioned just below recent support to minimize downside risk. Target 1: $140 – The first profit target based on the nearest resistance. Target 2: $144 – The secondary target for extended gains. Indicators Supporting the Setup: RSI (Relative Strength Index): Currently at 42.74, suggesting neutral to slightly oversold conditions, supporting the likelihood of a rebound. MACD (Moving Average Convergence Divergence): Convergence indicates a potential bullish crossover, reinforcing the upward momentum. Support and Resistance Zones: Support: Strong support at $132, limiting downside. Resistance: Resistance at $137 and $140 will act as hurdles to overcome for continued upside. Trading Plan Long Position: Enter if the price breaks and holds above $137 on strong volume. Stop Loss: Set at $132 to protect against invalidation of the bullish thesis. Take-Profit Levels: Target 1: $140 – Secure partial profits at this level. Target 2: $144 – Allow remaining position to run toward this extended target.
NASDAQ:OM Gives Another Chance To Buy At Discounted Rate Adding More In Between $3.50-$3.90 For Midterm ✅ Dips are part of healthy price action, and this correction looks like the final shakeout before our major bull run. Expecting Move Towards $10 After Successful Retest Don't panic - zoom out and look at the fundamentals ? #MANTRA #Binance #Altcoins #BuyTheDip
This coin is recovering nicely from bottoming out! Just like most coins that bottom return and hit a higher if not the same ATH. NFA; this is my gem for now!
MTARTECH LTP : 1722 Targets: 2000/2200/2400/2600/2800/3000?? May add more on dips till 1500-1350 For investors with a long-term perspective and the ability to add on dips or hold calmly. Time Frame: 2 to 6 months ?? Trade as per your risk management and investment plan.
Been seeing projects doing December advent calendar recaps of 2024 Meanwhile - #MANTRA consistently delivering new partnerships and RWA tokenization developments on a daily basis. While others reflect, we're busy building the bridge between TradFi and DeFi, one milestone at a time. Real world assets. Real value. Real progress. NASDAQ:OM
? Hey Traders! ? If this setup excites you, hit that ? and smash Follow for proven trade ideas that deliver results! ?? FIL is gearing up for massive action! It’s breaking out of a descending triangle on the weekly timeframe and currently retesting the breakout. This is a golden opportunity to accumulate and hold for a potential 10x profit! ? ? Trade Setup: Entry Range: $4 - $5 Targets: $10 / $22 / $38 / $50 / $66 Stop-Loss (SL): $2.50 ? What’s Your Take? Do you see the same explosive breakout potential? Drop your analysis, thoughts, or predictions below. Let’s ride this wave and secure massive gains together! ?? ? Stay Tuned for more high-probability setups!
NASDAQ:OM is seeing a dip today along with the broader market, but the fundamentals remain strong. With its focus on RWA tokenization and growing institutional adoption, NASDAQ:OM is still on track for significant growth. $10+ NASDAQ:OM is still in the cards this cycle. Stay focused and HODL strong! #BuyTheDip #MANTRA #Bullish #Altcoins
Hello everyone big candle declined from sell level 2583 so current level is 2623 . i'm personally looking to buy from two limit 2612 and 2602 its both support zone our target will 2660 2680 finally 2700 if market again break again 2590 then we only see sell and exit to buy
Based on the information available, the VeChain (VET) market is currently showing mixed signals with both potential for consolidation and upward movement. VET might undergo a period of consolidation before any significant price movement. This is supported by the view that the cryptocurrency is currently testing support zones without showing strong buy pressure, which could lead to a sideways movement or minor corrections before any breakout. This could be indicative of the market's uncertainty or waiting for further confirmation before making substantial moves. Conversely, there are indications that if VET manages to break through certain resistance levels, a significant upward trend could follow. The breakout from a symmetrical triangle pattern on the monthly timeframe, as mentioned, could signal a shift in momentum, aiming for targets like $0.10 to $0.16. This suggests that once the consolidation phase resolves, VET could experience a parabolic rise due to pent-up demand and market dynamics shifting towards bullish sentiment.
Bullish Engulfer on Daily TF; however needs to Struggle on Weekly basis. Tested 61.8% fib of Recent Rally. It should go & test 850 - 900 & once 901 is Crossed & Sustained, we may witness New Highs. If it breaks 575, further Selling Pressure would be seen then.