📢 $NVDA / $USDT | 🟢 LONG | ⭐ 69.8%
🎯 Goal: $216.24. Will it succeed?
🎯 Trading Levels:
🟢 Entry: $213.19
🛑 Stop Loss: $211.36
🏁 TP1: $216.24
🏁 TP2: $216.85
🏁 TP3: $218.07
📈 Analysis:
The asset $NVDA shows a bullish structure aligned across multiple timeframes (HTF and LTF), forming a double and triple bottom pattern that reinforces the current demand zone. The trend strength is confirmed by an ADX of 34.38 (an indicator that measures trend intensity), along with a bullish MACD crossover (a divergence suggesting buying momentum) and an RSI of 62.11 (showing positive territory without yet being overbought).
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical Confidence: 4/5
The thesis remains valid as long as price holds the support at $213.19; the trade is invalidated if the asset loses this level with volume. It’s crucial to monitor the reaction around the EMA200 at $216.93, since a breakout above it is needed to confirm a long-term structural change.
Do you think buying volume will be enough to break the EMA200 resistance?
💡 This analysis is for educational purposes only and not financial advice. Do your own research and decide calmly.
#crypto #NVDA #trading #Futures #Bullish
🎯 Goal: $216.24. Will it succeed?
🎯 Trading Levels:
🟢 Entry: $213.19
🛑 Stop Loss: $211.36
🏁 TP1: $216.24
🏁 TP2: $216.85
🏁 TP3: $218.07
📈 Analysis:
The asset $NVDA shows a bullish structure aligned across multiple timeframes (HTF and LTF), forming a double and triple bottom pattern that reinforces the current demand zone. The trend strength is confirmed by an ADX of 34.38 (an indicator that measures trend intensity), along with a bullish MACD crossover (a divergence suggesting buying momentum) and an RSI of 62.11 (showing positive territory without yet being overbought).
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical Confidence: 4/5
The thesis remains valid as long as price holds the support at $213.19; the trade is invalidated if the asset loses this level with volume. It’s crucial to monitor the reaction around the EMA200 at $216.93, since a breakout above it is needed to confirm a long-term structural change.
Do you think buying volume will be enough to break the EMA200 resistance?
💡 This analysis is for educational purposes only and not financial advice. Do your own research and decide calmly.
#crypto #NVDA #trading #Futures #Bullish
