August 11 live stream record
Today’s trades — XAU: go long at 4360, take-profit target 4580, stop-loss on close at 4300.
BLUAI: short at 0.0282. Take-profit target 0.0230. Stop-loss: closing at 0.0290 or 0.0310.
XAU (4360) long. Stabilization above 4353; that’s the resistance level. The next move is likely to directly push toward 4580 USD. Structural support levels: 4360 and 4310.
MU (870) buy the dips. The four-hour structure support is around 811. Consider going long when price retraces back to this level. In the future, you need to hold 811 and break above 910 to end the consolidation and move into a new uptrend toward 980.
SNDK (1251) long. Continue to refer to 1214 (already entered) and go long at 1144. If it breaks above 1420 and 1500, it will open up upside room.
SHKY (1011) long. Continue to refer to 985 (already entered) and 902 to go long. If price breaks above 1060 and 1155, it will open up upside room.
SPCX (137.4) short at the high. Rebound trend. Structural support is at 133, but the rebound faces resistance at 140. At present, the price action is ranging between 130 and 140. Consider buying low and shorting high within this range; however, personally I think it will eventually break down and fall out of this range.
NVDA (219) short at the high. The rebound trend is ongoing. Structural support is at 215, but the rebound faces resistance at 226. In our previous analysis, we already shorted at 225. First, watch support at 215; if it breaks, it will open downside room toward 212 and 208.
AAPL (308) short. Previously, we suggested shorting at 317 (already entered). If price cannot reclaim this level, the bearish trend remains. Downside targets are 293 and 282.
Lobster (254) short. The four-hour chart has turned bearish. Structural resistance is in the 280–290 range. Look for an opportunity to short. Expect another pullback and retest around 222 and 171.
BTR (321) buy on dips. Consider buying and trying to go long within the 250–270 range. If the 1-hour closing price drops below 250, cut loss.
*BLUAI (283) short. Overall, it is in the four-hour pullback continuation of the daily uptrend cycle. Expect a pullback. Structural resistance levels are 290 and 306. Going forward, watch 230 and 170.
MUBARAK (178) buy on dips. The downtrend is in place. Structural resistance levels are 188 and 199, but the selloff has reached a support area around 166. You may consider going long from the left side. If the 4-hour and daily closes break below 166, consider reducing position and stopping out.
WLD (0.330) buy on dips. Downtrend. Structural resistance is at 350. Expect a pullback toward 327 and 307. Try buying around these levels.
ALLO (311) long. It is in the pullback continuation phase of the daily uptrend cycle. Structural resistance is at 330. Expect a pullback first, then it should continue to rise. You can look for an opportunity to buy spot for the long. Downside support levels are 258 and 241.
GPS (951) short. Structural resistance is at 960. Expect a pullback. Watch 911 below; once it falls to this level, consider going long.
CYS (1.33) buy on dips. Watch 1.10 and 1.0. Recommend waiting for price to reach these levels before entering and chasing the long.
BTC (64118) short. The four-hour chart has turned bearish. Structural resistance is at 64700 and 65600. Expect a small pullback toward 62800 and 62000—these two support levels.
ETH (1877) short. The four-hour chart has turned bearish. Structural resistance is at 1900. Expect a pullback toward about 1820; once it reaches this area, we can enter long again.