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low_risk_trader
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Quick scalp setup in
$SPELL
Enter now.
TP: 0.0006577
SL: 0.0006437
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SPELL
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low_risk_trader
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The fact that $EGLD is holding above 18.5 is making me really excited about this trade. 18.5 is a 38% retracement level from its recent pump. All dependent on $BTC and dominance in the end. The fact that $ETH is starting to outrun BTC gives me more hopes about Layer 1 and 2 alts like EGLD.
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$EGLD (MultiversX) 1D chart is at a very interesting price right now. It has retraced around 12% after the last rally and i see it consolidating here for some time before launching back again. There is a clear break of structure in EGLDUSDT and the trendline is pushing upwards. I see immense potential in EGLD to rally towards 37.5 in this altseason. Remember EGLDUSDT 's all time high was in Nov 2021 at 544. Imagine the potential. Entry: 18.9 TP1: 25.4 TP2: 31.6 Tp3: 37.5 SL: 14.9 $EGLD
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Trade update: My stop loss was hit in $POLYX To be fair the dip in $BTC played a part there but we take the hit and move on. You win some you loose some.
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Trendline holds in $AAVE Time to get in the trade. Revising my tps and adding an additional tp as tp1. TP1: 192 Stop loss below the trendline.
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$RARE trade analysis - Bottoming Out, High Potential Ahead! $RARE is hovering near the bottom on the 3-hour chart, with key support holding strong at $0.05. This level has proven to be a solid accumulation zone, and with a bullish RSI divergence forming, we could be looking at an upcoming reversal. Key Points: - There is a massive upside potential – Long-term targets sit at $0.20 and $0.34. - Price has crossed below the 0.786 Fibonacci retracement level, indicating a deep retrace, but also a prime reversal area. - I'm watching for volume spikes to confirm entry – low volume = no trade. - I'll keep my take-profits flexible as always but these are my targets: $0.111, $0.125, and $0.145, as highlighted in the chart. My Plan: I'm not jumping in blindly – waiting for a clear reversal and volume confirmation before entry. If we get a strong bounce off this zone, I’ll be targeting the marked TPs while managing risk. Will place stop loss below the support area.
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