Channeltrend
Will Berkshire Hathaway hit $525 before a healthy correction?📈 Introduction Berkshire Hathaway (BRK.B) has shown a consistent pattern of growth over the past years, forming well-defined bullish channels with predictable wave lengths. The current price action suggests a potential healthy correction before another upward rally that could see prices reach the $525 mark.
💡 Key Observations from the Chart
1 - Channel Dynamics:
The price has respected two major ascending channels over the last few years. Each channel has shown waves of sustained upward momentum, lasting approximately 731 days and 790 days, respectively. This consistent cyclicity points to a reliable trend structure.
2 - Correction Phase Ahead?
Based on historical patterns and technical indicators, we might see a short-term correction into the $450-$460 range. This is supported by:
Overbought signals from the Stochastic Oscillator (75/77).
A potential test of the lower boundary of the current ascending channel.
3 - Upside Potential to $525 ~ $550+
After the correction, the next bullish phase could see prices push toward key resistance levels at $491.67 and ultimately $525.90. The confluence of the SMA and VWAP levels reinforces this projection, with strong support near $457.51 acting as a springboard for the next rally.
What’s Next?
The stock remains in a long-term uptrend, and the current dip should be seen as an opportunity rather than a threat. With volatility at 9.63%, the market appears poised for a calculated breakout in the medium term.
What do you think?
US30 / TRADING A RANGE BETWEEN 45,100 AND 44,468 / 4HUS30 / 4H TIME FRAME
HELLO TRADERS
The Dow Jones is trading between 45,100 (resistance) and 44,468 (support) , Prices are under upward pressure, but remain below the all-time high (ATH) of 45,100.
If prices fail to stabilize above 45,100, a decline is expected toward the lower support at 44,468,If prices break below 44,468, the decline could continue further into a demand zone between 43,960 and 43,719.
If prices break and stabilize above 45,100 (ATH), an increase is expected toward a new historical zone between 45,490 and 45,890.
NAS100USD / TRADING UNDER ATH PRICES AROUND 21,520 / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Breaking the supply zone is expected to lead to an increase in prices, potentially reaching a new all-time high (ATH) , The current price is trading below the ATH level at 21,512.
If the price remains and stabilizes below 21,512, it is expected to decline further , The first expected demand zone is between 21,226 and 21,107 , If the price closes a 4-hour candle below this zone, it is anticipated to decline to the next demand zone between 20,863 and 20,762.
If the ATH level (21,512) is broken, prices are expected to rise and reach a new historical zone between 21,520 and 21,890.
As long as the price remains below the ATH, the market is expected to face downward pressure.
NAS100USD / TRADING UNDER SUPPLYZONE / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Downward Pressure: Prices are currently trading under a bearish (downward) trend.
Supply Zones , Between 20,860 & 20,920 and 21,037 & 21,112: These zones are acting as resistance levels where selling pressure is high, preventing prices from rising further.
Demand Zone , Between 20,559 & 20,354: This is identified as a support level where buying interest might increase, potentially halting further price decline.
Possible Scenarios:
If prices remain below the supply zones, further decline toward the demand zone is expected , If prices break above the supply zones, it suggests an increase toward ,The all-time high (ATH) around 21,260 , A strong supply zone between 21,175 & 21,260.
Overall Outlook , The text emphasizes the bearish trend unless resistance levels are broken.
Analysis of NBCC (India) Limited ChartOverview:
The daily price chart of NBCC (India) Limited indicates a recovery phase after a significant correction from its 2024 highs. Key support and resistance levels are identified, along with a potential pattern that suggests consolidation followed by a breakout.
Key Observations:
1.Trend Analysis:
The stock was previously trading within an ascending channel, marked by higher highs and higher lows, indicating a bullish trend until August 2024.
Post-August, the stock broke below the channel, resulting in a sharp correction of approximately -30%.
2.Support Levels:
₹84.25: Strong support zone, as highlighted by multiple touches and a bounce from this level. It acted as a demand zone during the correction.
The stock formed a short-term base in the ₹84–₹90 range, leading to the current recovery.
3.Resistance Levels:
₹102.10: Immediate resistance, corresponding to the 100-day moving average (acting as a dynamic resistance).
₹111.44: The next major resistance from previous highs and the upper boundary of the consolidation zone.
4.Potential Pattern Formation:
A possible W-shaped reversal pattern is forming. If the stock sustains above ₹93.09 (mid-level support) and breaks ₹102.10, the next target could be ₹111.44.
The pattern suggests a consolidation phase before a potential breakout above ₹111.44.
5.Volume and RSI Analysis:
Volume: Increased buying interest near the ₹84 zone, indicating accumulation.
RSI: Currently recovering from oversold levels, indicating improving bullish momentum.
6.News Catalysts:
The Housing and Urban Development tie-up to develop a land parcel in Noida could provide a fundamental boost, aiding positive price action.
Projection and Strategy:
Bullish Scenario: Sustained breakout above ₹102.10 may lead to ₹111.44 and beyond. Traders could consider this level as a pivot point for long positions.
Bearish Scenario: Failure to hold ₹93.09 may lead to a retest of ₹84.25, where buyers could step in again.
Conclusion:
The stock is in a recovery phase, supported by strong fundamentals and technical patterns. Traders and investors should monitor key levels like ₹93.09 (support) and ₹102.10 (resistance) for confirmation of further trends.
XAUUSD / TODAY REMAIN DEMAND ZONE EXPECTED TO INCREASE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
The price has declined and hit a profit target of +455 pips, indicating a successful trade.
Prices are now trading above a demand zone between $2,627 and $2,611 , This implies strong buyer interest in this range, providing support.
If the price remains above the demand zone, it suggests a likely increase to a supply zone between $2,695 and $2,720 , This reflects a potential upward trend driven by continued buying pressure.
If the price breaks below the demand zone, further declines are expected , The next identified demand zone is between $2,595 and $2,585, where buyers may step in again.
XAUUSD / TRADING INSIDE FVG / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Price Action , Gold prices are stabilizing within the FVG area, indicating potential for a decline , The immediate target price within this range is $2,670.
If prices remain below $2,670, they are expected to decline toward $2,628, which represents a lower level within the FVG , A further break below $2,628 could lead to a decline into the demand zone, between $2,595 and $2,585.
If gold prices break above $2,680, they are expected to rise into the supply zone, ranging between $2,695 and $2,720.
Overall Sentiment , The market is currently under downward pressure, suggesting a bearish bias unless prices break key resistance levels.
BTCUSDT / TRADING UNDER SUPPLY ZONE AND ATH / 4H BTCUSDT / 4H TIME FRAME
HELLO TRADERS
Current Trend , Prices are under downward pressure, trading below a defined supply zone (97,923–99,531) , A supply zone indicates a range where selling interest is high, causing resistance to upward price movement.
If prices remain below the supply zone and stabilize , A decline toward a demand zone (92,402–90,794) is expected , A break below the demand zone, confirmed by a 4-hour (4H) candle closing beneath it, suggests further decline toward a lower range price of 88,698.
If the supply zone is breached, particularly with a break above the all-time high (ATH) price of 99,600 , Prices are expected to rise toward a new historical zone between 100,800 and 104,000.
Buy EUR/CAD Bullish ChannelThe EUR/CAD pair on the M30 timeframe presents a potential Buying opportunity due to a a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 1.4795, This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.4874
2nd Support – 1.4912
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
NAS100USD / SAME DOWNTREND YESERDAY / 4HUSNAS100USD / 4H TIME FRAME
HELLO TRADERS
The price has already declined by 300 pips (a pip is a standard unit in financial markets, often used in forex trading to measure price changes).
The price is currently attempting to reach 20,908 and 20,990. These are likely resistance levels, meaning points where the price might struggle to break through.
If the price remains below 20,908–20,990, a further decline is expected. The targets mentioned for this decline are:
• 20,668
• 20,451
If the price breaks above 20,990, it could increase to reach 21,105.
The price is still below the All-Time High (ATH), and the general expectation is for further declines unless the resistance levels are breached.
NAS100USD / OVERALL DIRECTION TOWARDS DOWNWARD /4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Trend:
• Prices are under downward pressure as they remain below the resistance level of 20,839.
• The market appears to be consolidating or stabilizing around this level, preparing for a potential move.
Upward Scenario:
• If prices remain below 20,839, it is suggested that they may decline further:
• First target: 20,666 (support level).
• Further decline to 20,451 (next major support).
Downward Scenario:
• If the price breaks above 20,839 (the resistance level), it could lead to a rally:
• Initial target: 21,105.
• Further move to 21,249, which is identified as the All-Time High (ATH).
XAUUSD / RANGE MOVEMENT BETWEEN 2,678$ AND 2,604$ / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Yesterday, the market saw a price decline with a profit of +355 pips. This suggests a profitable movement for traders who correctly anticipated the downward trend.
• Prices are currently attempting to reach $2,661, which is identified as a key resistance level. If prices stabilize below this level, further declines are expected.
Expected Support Levels:
• If the downward trend continues, potential support levels are highlighted at:
• $2,630
• $2,604
• $2,587
These levels indicate areas where buyers might re-enter the market, slowing or reversing the decline If the price breaks above $2,661, an increase is expected, with a target of $2,678.
The critical range is between $2,604 and $2,678 , A breakout on either side of this range will “confirm direction,” meaning it will provide clearer signal of the next major price trend.
The market is currently under downward pressure, indicating a bearish bias in the analysis.
US30 / UNDER GDP NEWS / 4HUS30 / 4H TIME FRAME
HELLO TRADERS
As long as prices remain below the All-Time High (ATH) and confirm the downward trend observed yesterday, the market continues to trade under downward pressure. If prices fail to break above the Adjusted Resistance High (ARH) at 44,950, they are likely to decline further toward 44,514 and 44,170, with a key support level at 43,817. Conversely, breaking above the ATH could suggest a move toward new historical peaks. Overall, the current market is trading within a bearish framework.
XAUUSD / TRADING UNDER DOWNWARD PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Prices are currently under downward pressure, indicating a bearish sentiment ,The current price movement is attempting to approach a resistance level of $2,630.
Scenarios and Levels , If prices stabilize below $2,630, it suggests further declines:
• First target: $2,604.
• Second target: $2,587.
• Breaking the resistance level of $2,630 suggests:
• First upward target: $2,661.
• Second upward target: $2,678.
Conditions for Movement, Stabilization below $2,678 , Suggests prices will likely decline , Stabilization above $2,678 , Indicates a possible continuation of upward momentum.
Overall Range , The expected trading range is between $2,716 (upper limit) and $2,542 (lower limit).
US30 / UNDER CPI PRESSURE / 4HUS30 /4H TIME FRAME
HELLO TRADERS
The analysis begins by noting a profitable decline of 590 pips, indicating that the asset has experienced a significant downward movement recently, which has been profitable for traders taking short positions.
The price is approaching an FVG zone between 43,381 and 42,984. A Fair Value Gap typically represents an area where the price may experience consolidation, or a period of sideways movement, before it makes a decision to either move higher or lower.
If consolidation occurs within the FVG, the price may rise toward a supply zone (44,252 to 44,532), which suggests a resistance area where selling pressure could occur, preventing the price from moving higher.
The analysis highlights a bearish sentiment, meaning the overall expectation is for the price to continue moving downward unless there is a breakout above the supply zone , If the price fails to stabilize above the FVG, further decline is expected. The target for this decline is a support zone between 42,716 and 42,335, where buyers might enter, potentially halting the downward move.
The downward pressure is noted as the dominant force unless the price manages to break above the supply zone ,Traders will need to watch whether the asset stabilizes within the FVG, as this will determine whether the bearish trend continues or a reversal occurs.
Bitcoin Fly OR die! To 500k+ by december 2025Lets follow the trend:
2009-2013 up
2014 down
2015-2017 up
2018 down
2019-2021 up
2022 down
2022-2025 ??
Minimum: 200k
Maximum: 500k+
Lets buy from now (10k-17k) to december 2025.
I will be updating my ideas.
If you have other idea, post it in the comments!
See you soon!
NAS100USD / UNDER DOWNWARD PRESSURE / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Price Action:
The price is currently close to the ATH at 21,250,As long as it remains below this level, it is expected to decline further.
Expected Decline:
If the price does not break above the ATH, it may drop towards a “Fair Value Gap” (FVG) between 20,482 and 20,324, which may represent a target or support zone.
Upward Scenario:
If the price breaks above the ATH, specifically by closing a 4-hour (4H) candle above 21,250, it could indicate a bullish momentum, potentially leading to a new ATH around 21,381.
Overall Sentiment:
The overall outlook is bearish if the price remains below the ATH, suggesting that trading pressure is downward until there’s a clear breakout.
XAUUSD / TRYING TO REACH NEXT DEMAND ZONE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Demand Zone and Initial Price Decline, After a recent decline, gold prices have reached a demand zone, providing an opportunity for a 600-pip profit. A demand zone is a price range where buying interest typically increases, suggesting potential support.
Current Price Movement ,Gold is now aiming for a new demand zone between $2,527 and $2,500. As long as prices stabilize above this zone, there’s potential for an upward push towards higher levels.
Potential Price Levels , Next Supply Zone: Between $2,606 and $2,618. If gold reaches this range, selling pressure could increase, potentially slowing or reversing the uptrend.
FVG (Fair Value Gap) Area, Between $2,636 and $2,664. This level may act as a magnet for prices if the trend continues upwards, as traders may look to close gaps in the price , Further Supply Zone, Between $2,687 and $2,708, where resistance is expected to be strong.
Support Levels and Downside Risk, If gold breaks below the $2,527-$2,500 demand zone, it could decline further to a support level around $2,485, where additional buying interest might emerge.
Market Sentiment , The market is generally under upward pressure (bullish sentiment), though it is currently experiencing a decline.
Ethereum - Buy It Now Or Never!Ethereum ( BITSTAMP:ETHUSD ) will offer a final retest:
Click chart above to see the detailed analysis👆🏻
Ethereum is about to retest a perfect confluence of support from which a bullish reversal is almost certain. Following the overall bullish trend, Ethereum should retest the previous all time high next and then maybe even follow Bitcoin and create new all time highs going into 2025.
Levels to watch: $2.000
Keep your long term vision,
Philip (BasicTrading)