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đ§Ș Russia FINES Google
Plus: $DOGE is popping
Good Morning!
From record-breaking Nasdaq highs to Redditâs meteoric 25% surge, our analysts have dissected the action for you. And letâs not ignore cryptoâwhile the world watches BTC flirt with all-time highs, our members raked in a jaw-dropping +317% on $VIRTUAL this week. If youâre here, youâre hungry for more, and thatâs what we deliver: real trades, real gains, and exclusive insights that turn potential into profit. Dive in for Sherlockâs latest $DOGE setup and more plays lined up for those who refuse to settle.
Letâs get into it đ
đĄ TradingLabâs Headline Roundup
Stock Markets
30th October, 2024
Nasdaq closes at a record ahead of key tech earnings
Russian court fines Google $20,565,000,000,000,000,000,000,000,000,000,000
Alphabet Stock Climbs 6% on Big Revenue Jump Powered by Cloud Growth
Over the last seven elections, this asset class has outpaced the S&P 500*
Reddit Stock Soars 25% to Record High on First Profit Ever, Bold Outlook
Dubbed "the rocket fuel of AI" by Wired, this innovation is causing a stir on Wall Street. You can access the full story here in this exclusive report.*
Crypto
Coinbase, Visa Direct Roll Out Instant Funding Amid Soaring Bitcoin Demand
Bitcoin ETFs Record $870M Inflows as BTC Flirts With Lifetime Highs
The US dollar doesnât need to collapse for BTC to reach $200K
Crypto needs to increase defenses against 654% spike in deepfake scams
Commodities/Forex
Gold Extends Record Run with Prices Surging Above $2,790. Whatâs Next?
EUR/USD holds near 1.0850 after upbeat German and EU data
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đ What Iâm Trading
The Play
Our analyst Sherlock has a spicy trade lined up for $DOGE with an entry at $0.15839, and this setup is too good to ignore. Hereâs the breakdown:
Entry: $0.15839
DCA: $0.15331 (Equal Position Size)
Stoploss: Manual stop on a 4-hour close below $0.14995
Targets:
$0.16755
$0.17532
$0.18659
$0.19978
Sherlockâs playing a solid fractal here, and itâs holding up at 1.618 resistance. Weâre watching for a pullback to the 1.272 level before the next leg up to that tasty 2.786 zone. This is pure price action gold, backed by some solid structure
The Catalyst
DOGE's recent price action has been catching eyes, and itâs not just hype. With consistent upward momentum, DOGE has broken through key resistance levels, pulling off some well-defined bullish patterns. The current market landscape for DOGE suggests thereâs room to capitalize on its volatility with strategic entries and exits, and Sherlock is all over it. Moreover, broader market sentiment on crypto assets is warming up again, with BTC and ETH stabilizingâalways a good sign for alts like DOGE.
Our Take
This setup is a buy if we follow the fractal. The anticipated bounce from the 1.272 level gives us a clear path to profit, and Sherlockâs 4-hour close stop makes sure we stay protected against downside. This setup is for those who want to catch that wave on DOGE while riding a disciplined plan. Remember, this isnât just a ride to the moonâweâve got a mapped exit plan to lock in gains along the way.
Want more plays like this? Join us in TradingLab, where our team breaks down the markets daily, looking for these exact kinds of setups. Donât miss your chance to trade smarter, not harderâclick to join the community and get access to our real-time insights.
Stay ahead, stay informed, and most importantly, stay profitable.
âtil next time,
TradingLab