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Candlestick Analysis

Maxi Cash Collect with Block and Unity Software: very last callThe certificate NLBNPIT1BVR9 is at its sunset but can still make a profit if you can handle stock volatility. Link to JustCertificate justcertificate.com Unity Software is the "worst of" with less than 20% margin above the coupon barrier. Unity Software specializes on gaming and VR software. Stock price and P/E have been low compared to competitors since 2022. The price reversed in July 2024 with a crescent min/max along the "classical" uphill trend line after breaching the two secondary POCs at 16 and 22 USD, indicating traders' interest in these prices. At 30 USD is the major POC. Price retreated from a weekly candle's attempt to break the major POC. This price level may act a strong resistence. Investing.com models value the stock at 28 USD. Block offers commerce and payments-focused professional & Commercial Services.After reaching the minimum price of 40 USD circa in August 2024, which is near the certificate coupon barrier, it is advancing along an ascending trend line and has broken the primary POC of 65 USD, but the psychological threshold of 100 USD is holding it back. Now it trades around the primary POC touching the trend line, which is crucial for future movements. At the moment of this post, the certificate is priced much below the parity at 79 Euro and expires on May 13th, with a potentially attractive profit of nearly 30% including a significant last coupon, assuming the certificate barrier is not breached. The investment's worth should be carefully considered because the very high volatility and beta-correlation (above 2) of the underlying stocks increase the risk of hitting the barrier at any time before expiration. A margin of 20% above the barrier may not be certain for such underlying stocks.
NYSE:ULong
by riccardo_duca
Index to watch out for next week is Metal Index. The index that did very well this week and which has potential to carry forward the momentum into the next week seems to be the Metal index if it can cross 2 major hurdles at 8941 and 9227. Currently the closing of CNX Metal Index is at 8926.90. In the coming weeks if we get a closing above 8941 and eventually above 9227 the index has a potential to go north wards towards 9453, 9828 or even 10K plus levels if the rally in Nifty and the one we are seeing in the Metal index sustain. Metal index this week gave a closing above Mother line of 50 weeks EMA which is at 8750. RSI of the Metal index has also entered a bullish looking territory. The significance of Mother and Father lines, Parallel Channels, RSI can be learned by reading my past articles or by reading my Book The Happy Candles Way To Wealth Creation which is available on Amazon or can be availed by contacting me. The book is one of the highest rated books on Amazon in it's category. Now if this breakout actually happens in the Metal Index the stocks that composit the metal index will be the beneficiary in general. Some might benefit more some might benefit less and some might not benefit but for index to move upward the stocks composing it have to perform well. To know which stocks will do better than others we will have to look at their individual charts. The stocks which make the metal index are Welspun Corp, Hindalco, Nalco, Hindustan Zinc, Tata Steel, Vedanta, Sail, NMDC, hindustan Copper, Jindal Steel, JSW Steel, Jindal Stainless, Apl Apollo Tubes, Ratnamani Metals, Adani Enterprise. Thus it is obvious some of these stocks have potential to benefit if index does well. Choose wisely after consulting your investment advisor, studying fundamentals and Technicals of each company. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:CNXMETALLong
by Happy_Candles_Investment
$COIN - pocket full of coins or out of coins?CAPITALCOM:COIN has dropped from $349 to currently $218 over the last three days, but seems to maybe have settled at the support in this area. Working on a bounce up from support, and MACD looks to maybe cross up and RSI has crossed up. Might be time to consider a long, my target is $300. The three candles since the bounce have been long-tailed, indicating buying interest. Of course, considering CAPITALCOM:COIN one must also look at CAPITALCOM:BTCUSD as they tend to move in tandem.
CAPITALCOM:COINLong
by WeRideAtDawn
Nifty trying to bounce but few hurdles remain. Nifty is trying to bounce after forming the base but few important hurdles to cross next week if the rally has to sustain. The immediate resistances for Nifty will be 22557, 22668, 22800 and 23056. If these resistances are crossed we will have the Mother line and Father line resistances waiting for Nifty at 23116 and 23458. In the Middle of this tough resistance zone of Mother line and Father line there is also a trend line resistance around 23300. But these will come into play only if we are able to cross the immediate resistances mentioned earlier. To know what mother father line resistances are you will have to read my book The Happy Candles Way To Wealth Creation. It is one of the highest rated books on Amazon in its category. In case of the rally fizzles out the support zones will be near 22240, 21964, 21782 and finally 21281. In unlikely circumstances of 21281 broken and we get a weekly closing below it the market will fall into a major bear grip coming out of which can take a lot of time as this is the Election 2024 day low. As of now shadow of the candle looks slightly positive however FIIs are still in the selling zone despite the chart showing the signs of bottom formation. Next week is going to be very interesting. It will be interesting if FIIs finally show some interest of coming back or continue their selling mode. Little bit of support from FII here could possibly drive the rally further and add more steam to this humble beginning of what we can call a gentle up move rather than a bull run. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
Bitcoin (BTC/USDT) Market Analysis – March 7, 2025Bitcoin is currently in an indecisive phase, showing signs of both potential upward and downward movement. Traders should exercise caution as the price hovers around critical support and resistance zones. Key Levels to Watch 📌 Support Levels: $86,500 - $86,000 (Short-term support) $82,500 - $81,500 (Major support zone) 📌 Resistance Levels: $89,500 - $90,000 (Key resistance area) Market Outlook 🔸 Bullish Scenario: If BTC maintains support around $86,500 and shows strong buying momentum, we could see a retest of $89,500 - $90,000. A breakout above this level may trigger further upside. 🔸 Bearish Scenario: A breakdown below $86,000 could push BTC towards the $82,500 - $81,500 support range. This would indicate increased selling pressure. Trading Recommendation ⚠️ The market is currently indecisive, making it risky to open new positions. It's best to wait for a confirmed breakout or rejection before entering trades. Conclusion Stay patient and let the market provide clearer direction before taking action. Keep an eye on volume and price action at critical levels for confirmation.
by MangoMan4
BTCUSDT.P 15-Min Analysis – Resistance Test Incoming?Bitcoin has been forming clear liquidity levels and moving in a structured manner. After a strong recovery from support, BTC is now approaching a key resistance zone, which previously acted as a rejection point. Technical Breakdown 📍 Support Zone: $87,000 – $88,000 📍 Resistance Zone: $90,000 – $91,000 📍 Current Price: $89,030 🔸 Market Structure: A series of liquidity sweeps and rejections have defined BTC’s movement. The price has respected previous resistance zones, making them key areas to watch. If BTC faces rejection at the next resistance, we could see a short-term retracement. Potential Trade Setups 🔻 Bearish Case: Rejection at $90,500 – $91,000 → Short opportunity targeting $88,500 – $87,500. 🚀 Bullish Case: If BTC breaks & retests $91,000 as support, we could see a push toward $92,500 – $93,000. Final Thoughts Bitcoin is at a critical juncture—a decisive move in either direction could set the trend for the next few sessions. Watch for confirmation before entering trades! 📌 Do you think BTC will break resistance or reject? Drop your thoughts below! 👇
Long
by MangoMan4
Unswervingly short goldRecently, gold was rejected at 2930, then rejected near 2925, and today gold was rejected again near 2920. From this point of view, the resistance area of ​​gold moves down, and the high point drops accordingly. If gold is repeatedly rejected near 2915 next, then gold will have more room to fall. This is also the reason why I advocate shorting gold recently. At present, I still hold a short position in gold and look forward to the performance of gold and its fall back to the 2880-2870 area, or even 2860. Bros, only by following the right people can you execute the right transactions and master the skills to make money. If you want to master independent trading skills and thinking while copying trading signals and making stable profits, you can join the channel at the bottom of this article to liberate your trading talent!
OANDA:XAUUSDShort
by Trader_Marvin
Bitcoin: Navigating Market Volatility and Future PredictionsBitcoin, the pioneering cryptocurrency, continues to dominate headlines with its characteristic volatility and the ever-present speculation surrounding its future trajectory. Recent market activity and expert analyses paint a complex picture, one where potential for significant growth is tempered by inherent risks and external economic factors. Several key themes emerge from recent news and analysis, offering a glimpse into the current state of Bitcoin and the factors influencing its price. The Potential for a US Crypto Reserve and its Impact One of the most significant potential catalysts for Bitcoin's price is the possibility of the United States government establishing a strategic cryptocurrency reserve. This concept, championed by figures like MicroStrategy founder Michael Saylor and gaining traction within political circles, could have a profound impact on the market. Saylor has publicly suggested that the US government should acquire one million Bitcoin for its strategic reserves. He argues that this would legitimize Bitcoin as "digital property" and instill greater confidence in the cryptocurrency. Saylor pointed out that MicroStrategy already holds approximately 500,000 Bitcoins, which accounts for about 2.4% of the worldwide supply. He also suggested that the government could finance such a large crypto reserve through a deliberate, multi-year timeline, referencing a "six-month process" set out by a recent executive order. There is research that supports this view, estimating that a US crypto reserve could boost Bitcoin's market capitalization by roughly 25%, or approximately $460 billion. This potential surge is attributed to Bitcoin's limited liquid supply, meaning that large inflows from a government purchase could trigger upward price shocks. Furthermore, such a move could incentivize institutional investors and other countries' governments to allocate funds to Bitcoin, creating a positive feedback loop. While the idea has gained traction, particularly with endorsements from figures like Donald Trump, the path to establishing a national crypto reserve is not without its hurdles. Confusing messaging, legal challenges, and uneven progress across different states contribute to market uncertainty. The market currently views the probability of a national Bitcoin stockpile as relatively low due to challenges like confusing messaging and legal hurdles. Market Sentiment and Price Predictions Despite the potential for significant growth, market sentiment surrounding Bitcoin remains cautious. The Crypto Fear & Greed Index, a measure of overall market sentiment, consistently hovers in "Extreme Fear," even amidst price spikes. This suggests that while investors are drawn to potential gains, underlying anxieties about volatility and external economic pressures persist. Predicting Bitcoin's price with certainty remains an elusive task, but analysts offer varying perspectives. Master Ananda, for example, believes that Bitcoin's price bottom is in, following a recent dip below $80,000. However, other analysts urge caution. The recent rebound of Bitcoin to over $90,000 was short-lived, with the price retreating due to concerns about a potential recession, geopolitical tensions in Ukraine, and uncertainty surrounding the US crypto reserve. This highlights the sensitivity of Bitcoin to broader economic factors and geopolitical events. Technical Analysis and Market Dynamics Technical analysis of Bitcoin's price charts provides further insights into its current state. The recent formation of back-to-back weekly "hammer candles," a pattern seen only a handful of times in Bitcoin's history, suggests potential bullish momentum. However, the failure of a recent price rebound to break through key resistance levels indicates that the path to higher prices may not be straightforward. The relationship between Bitcoin and traditional financial markets, particularly the S&P 500, also plays a crucial role. Historically, Bitcoin has struggled during periods of high volatility in the S&P 500, as measured by the VIX. This correlation suggests that broader economic anxieties can negatively impact Bitcoin's price. The Influence of Global Liquidity and External Factors Beyond specific events and technical indicators, broader macroeconomic factors influence Bitcoin's trajectory. Analyses suggest that global liquidity trends favor crypto and risk assets. The global money supply is expected to reach new all-time highs, potentially boosting Bitcoin's price. A dropping US Dollar Index (DXY) also signals a shift in favor of crypto. The upcoming US Crypto Summit, organized by the Trump administration, is anticipated to be a key event that could provide clarity and potentially influence Bitcoin's future trajectory. Market participants are eagerly awaiting the summit's outcomes, as they could provide crucial insights into the regulatory landscape and government's stance on cryptocurrencies. Conclusion Bitcoin's current landscape is a complex interplay of potential catalysts, market sentiment, technical indicators, and macroeconomic forces. The possibility of a US crypto reserve offers a significant upside potential, but market anxieties and external economic pressures create a degree of uncertainty. While some analysts predict a rapid surge in price, others emphasize the need for caution and highlight the importance of monitoring broader market dynamics. As Bitcoin continues to evolve, its price will likely remain sensitive to both internal developments within the cryptocurrency ecosystem and external factors shaping the global economy. The upcoming US Crypto Summit and future policy decisions will be critical in shaping Bitcoin's future direction.
BITSTAMP:BTCUSD
by bryandowningqln