Forwarded from Vector Algo - AI Swing
#ETH/USDT #Analysis
Description
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+ As shown in the chart, the Bitcoin CME futures gap is still unfilled.
+ This gap was created during the sudden market crash driven by recession fears.
+ Historically, 90% of CME gaps get filled sooner or later, and we expect the same outcome in this case.
+ Currently, the ETH price is around the support zone, and it appears to have recovered after hitting this level.
+ It's likely this gap will be filled in September, as it is typically a bearish month, but it should certainly be filled before the end of October.
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ As shown in the chart, the Bitcoin CME futures gap is still unfilled.
+ This gap was created during the sudden market crash driven by recession fears.
+ Historically, 90% of CME gaps get filled sooner or later, and we expect the same outcome in this case.
+ Currently, the ETH price is around the support zone, and it appears to have recovered after hitting this level.
+ It's likely this gap will be filled in September, as it is typically a bearish month, but it should certainly be filled before the end of October.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Best Regards,
VectorAlgo
Forwarded from Vector Algo - AI Swing
#NEAR #Analysis
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Description
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+ Near has formed a nice flag pattern and price is waiting for breakout from the flag
+ Next target for near is 27 as per flag pattern, this could happen in the peak of bull run
+ next push could break the resistance and you can enter a position at the current price.
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VectorAlgo Trade Details
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Entry Price: 5.2
Stop Loss: 3.499
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Target 1: 6.290
Target 2: 8.069
Target 3: 13.503
Target 4: 17.690
Target 5: 28.022
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Best Regards,
VectorAlgo
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Description
---------------------------------------------------------------
+ Near has formed a nice flag pattern and price is waiting for breakout from the flag
+ Next target for near is 27 as per flag pattern, this could happen in the peak of bull run
+ next push could break the resistance and you can enter a position at the current price.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 5.2
Stop Loss: 3.499
------------------------------
Target 1: 6.290
Target 2: 8.069
Target 3: 13.503
Target 4: 17.690
Target 5: 28.022
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Best Regards,
VectorAlgo