Pretty simple idea for BINANCE:BIOUSDT after listing Always work with IAP model (shared in my ideas for free) 2 main zones of interest marked on a chart! 12h tf. Invalidation of idea if token drop under listing price! Zone of fixation local swing trade on a spot marked red block Hope you enjoyed the content I created! You can support this idea with your likes and comments so more people can see it. ✅ Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only, not for financial investment purposes. Check out my ideas about interesting altcoins in the related section below ↓ For more ideas, please hit "Like" and "Follow"!
Excellent trade, good support. Unfortunately I can't use leverage on this currency and it only lets me use SPOT. The risk is quite low (the currency either rises or dies, but I think the second possibility is low) if you have patience and there is no liquidation price. Even if the risk of losing is low, the price to pay is high since the entire investment is lost. I wouldn't use too much leverage either, this currency can rise in SPOT up to 300%. The thing here is patience because it can still take a few days, but when it explodes it will do so with great force since it has a lot of liquidity above. There is a possibility that it will fall 50% or perhaps a little more, it is not advisable to use leverage of more than x2 or x3 and then look for re-entry at a liquidation price since the movements it will make will be strong. T1: 0.19 T2: 0.33 T3: 0.40
TECHNICAL ANALYSIS: ? Price Structure: - Current Price: $2.01 (-0.25%) - Timeframe: 15M/1H - Key breakout setup forming - Multiple targets identified Trade Setup Targets: - TP1: $1.95 (Short-term target) - TP2: $2.45 (Major target) (24.96% Extended target) Technical Insights: - Falling wedge pattern completed (yellow line) - Clear stop loss zone marked - Bullish divergence forming at support - Volume showing potential accumulation Key Levels: ▪️ Entry Zone: $1.9 - 2.01 ▪️ Stop Loss: Below $1.80 (marked in red) ▪️ Initial Resistance: $2.03 ▪️ Major Resistance: $2.46 Risk Management: - Clear invalidation below marked stop loss - Risk:Reward Ratios: • To TP1: 1:3 • To TP2: 1:5 Timeframe: 15M/1H Bias: Bullish on Break Pattern: Falling Wedge Breakout Note: Always use proper position sizing. This is technical analysis only. DYOR. #INJ #Crypto #TechnicalAnalysis #Binance Key Observation: Watch for volume confirmation at breakout level for entry validation.
COINBASE:BCHUSD / BITKUB:BCHTHB Flowing to the upside with bulls stepping up the pressure all day. On the daily, BCHUSD & BCHTHB trades at a discount to Fair Value. However, on the lower time frames it's trading at Fair Values or above. Give this trade some time to pull back and catch a sizable deal off the near term support level. . Loving the fact that this deal can bring us between 9.48% ^ 12.42%.
Shorting this pair as every timeframe is flagging bearish entry was spot on and the rest is history
Helium (HNT) - I would like to see five waves in this microstructure as a signal that the low is in. Micro support is presented between 0.382 and 0.5 Fib.
Each bullrun we have a winner, 2016 ethm 2020 solana, 2024 is for ICP, this will be a amazing road to reach from 2.84 to +300 usd per coin of ICP, ones will beliefe, other will fud it, Im going all in cause its better and any other coin
The stock has shown a breakout, and the retest has been completed. It looks poised to rise significantly, with a stop-loss set at the strong monthly candle close below 780.
SPY appears to be in a descending wedge (bullish) or a descending triangle (bearish). I'm expecting a rally to 597 on Monday, but we will likely see a rejection at the resistance line. I'm leaning towards the descending triangle and we see a fall through support to 567, but either of these patterns supports a drop to at least 577.
A nice C&H to the 104K area, looks bullish. BTC is checking the support area.