Dow Jones Industrial Average (US30) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | 15 Minutes Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
Fibonacci
Can gold rise to 2700 points this time?The trend of gold yesterday and today basically completely verified my trading idea yesterday. When the gold price was still at 2654 yesterday, I clearly said that the high point was definitely not 2666. At the same time, I also said that this high point would most likely break through, and the target could be seen in the 2670-2680 range, and bought at 2650 to make a lot of profit.
Now the new high has reached 2682, but it has not stood firm. Yesterday I said that as long as the gold price can stand firm at 2680, it can refresh the historical high of 2685, and look forward to the 2700 integer mark. Today I also maintain this view unchanged.
Now the gold price is correcting, I think this is a move to accumulate power to refresh the historical high, so I will look for the right time to buy again next
From the Fibonacci retracement indicator of this rise, 2665 is at 0.618, and 2660 is at 0.5, so I think that if it cannot stand firm above 2680, the gold price is likely to fall back to the support range of 2665-2660 again. As long as it reaches this range, it can be bought again
Altair Engineering (ALTR) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | 15 Minutes Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Short
Litecoin LTC price its time to wake up and playIs it time to resurrect the “old guard”?)
Crypto investment company Canary Capital has filed an S-1 application with the SEC to register a spot Litecoin-ETF.
Once upon a time, long ago, CRYPTOCAP:LTC was called “silver”, of course, after CRYPTOCAP:BTC - “gold”, giving more hope and prospects for #LTC than CRYPTOCAP:ETH at about the same price of $6-9 per coin :)
And most crypto transactions in those days were made in the #Litecoin network because of its cheapness and reliability, not usdt. At the same time, in 2016-2018, #LTC and #BTC were mined together on ASIC (we don't know how it is now, write in the comments).
👀 BTC ETF - done , ETH ETF - done , LTC ETF is next?
🟢 LTC and BTC have the same cyclicality of halving rewards for a mined block
🟢 #Litecoin is a reliable blockchain that has been tested by time (since 2011)
🟢 SEC regulatory requirements may be very similar to the already passed “thorny path” of BTC ETF
🟢 LTC, like BTC, unlike ETH, has a limited issue
many mined and “virgin” LTC are safely hidden in wallets and are waiting for their time to be sold at a very high price.
🔴 The only and big “minus” we see is the small capitalization of LTC. For a serious conversation with “big money”, you need to create a stir and pump up OKX:LTCUSDT price at least 10 times, then the #Litecoin marketcap will be $50+ billion
So, if you believe that LTC ETF will be the next one, it is a good idea to buy #LTC in the range of $60-70 with the prospect of growth to $225 (x3), and ideally to $700+ (x10)
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$STORJ longThe coin has traveled all the way to its destination. Now I expect correction to the zone from 0.4455 to 0.3812. This is the level of position set and return to the zone from 0.6065 to 0.6765.
For myself, I decided that I will take a short on the movement to the set zone from 0.6199 to 0.4455
CORZ eyes on $13.51: Semi-major fib to Break? or mark a Top?Crypto tide has been rising and CORZ with it.
Has been performing perfect fibnastics routines.
This could be a top, or look for Break-n-Retest.
$ 13.51 is the key level of interest.
$ 14.15 is the minimum target above.
$ 12.72 is key support and SL defense.
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DNX Is Flipping $0.4 Resistance Into Support Yooo everyone, it's been a while since I last posted on TradingView! I've been super busy and very active on X lately. Today, I’m going to analyze a special and unique coin called Dynex.
DNX is the first Quantum Computing coin, capable of computing without limitations. It can solve real-world problems and uses a new mechanism called Proof of Useful Work (PoUW). That’s a brief overview of the fundamental analysis part, but today, I’ll dive deeper into the technical analysis.
1) Over the last 2-3 months, DNX has formed an Elongated Rectangle pattern. As we know, when we see an Elongated Rectangle pattern, the daily volume usually drops by about half, and the price gets stuck within the rectangle, bouncing from bottom to top. This often continues until investors hear some news about the coin, making them excited to jump onboard again.
Recently, we had a major presentation about DNX's future plans and roadmap. Here are a few key highlights from the presentation:
A Venture Capital (VC) firm with $50 million in capital has invested in DNX.
DNX is developing a Silicon Quantum Computing Chip.
Let me remind you, DNX currently has a market cap of only approximately $40 Million. With the addition of $50 Million from the VC, the demand for DNX is likely to rise significantly.
2) On September 26th, DNX attempted to break out from the $0.40 area, but after an instant rise to $0.45, the buyers didn’t have enough strength to flip resistance into support. This was followed by a drop back to $0.30, which is known to be the strongest horizontal support zone. Buyers are heavily protecting this level, and like before, DNX once again bounced significantly from $0.30, reaching up to $0.48.
This time, the volume has increased dramatically, from 300K to 1.5M, indicating that more buyers are on board. With this increase in volume, there’s a higher chance we might finally break through the stubborn $0.40 resistance zone. After forming the recent $0.48 peak, as with every breakout, we need a retest for final confirmation.
Currently, buyers are working to convert the $0.40 rejection zone into support. It’s likely we can hold this level and push the price higher. Additionally, the Fibonacci 0.61 area perfectly aligns with the $0.40 resistance zone, meaning we could see a bounce from $0.40 and finally switch it into support.
3) Target Update: Currently, DNX is expected to reach $0.60 in the coming weeks. The rectangle pattern target also aligns with approximately $0.60. This level is extremely important because it represents a 1-year horizontal accumulation zone around $0.60, which is now acting as resistance.
If we manage to break out from $0.60 and reclaim our previous accumulation zone, holding it for 1-2 weeks, we can aim for the previous ATH of $1.40 and potentially break it as well.
Thanks for reading my FA and TA analysis! If you enjoyed it, hit the like button and follow me for more updates!
EURCAD LONG TO WEEKLY HIGHS [ICT CONCEPTS]Both eurcad and gbcap are trading from weekly lows to the upside.
EURCAD tapped into a bullish fvg with a smt divergence with GBPCAD. The hourly structure shifted and bullishnes is clear now.
This looks like a perfect station to get in longs towards the current week's high as a first tp and then take older highs.
Potential Continuation of the Downtrend Despite Bullish SignsAUD/JPY Analysis: Sharp Volatility with Potential Continuation of the Downtrend Despite Bullish Signs
order blocks : OANDA:AUDJPY
AUD/JPY has been showing some promising signs of a bullish run lately, but its sharp, unpredictable moves up and down have left many of us confused.
In my analysis on the 24-minute (24M) timeframe, I looked at even lower timeframes to find more precise entry points. The Fibonacci retracement levels indicated the golden zone between 0.71 and 0.75, and the price moved right into that area. I also used different Fibonacci levels to confirm the potential outcome.
However, despite the temporary bullish signals, I believe we might see a continuation of the downtrend for now. There are also several order blocks on lower timeframes that are providing support, so it's important to watch what happens next. These volatile movements suggest further downside pressure before any sustained upward move.
These are my thoughts—hope you enjoyed the read.
$DOGS
SEED_ALEXDRAYM_SHORTINTEREST1:DOGS , after falling almost 40%, has started to regain its position. The coin activated the structure by breaking through the 0.0007566 mark with a strong move and showing strength up to the 0.0008797 mark. The coin has now entered the zone of gaining ground from 0.0007579 to 0.0007174
AMBER ENTERPRISES-Weekly Breakout with Strong MomentumBreakout Confirmation: Amber Enterprises has given a decisive breakout above the crucial Fibonacci 23.6% level (₹5,206), with a significant price surge. This breakout was accompanied by heavy volume , indicating strong bullish momentum and participation.
Fibonacci Levels:
The stock retraced from its highs at ₹6,256.7, respecting the Fibonacci levels:
38.2% retracement at ₹4,557.35.
50% retracement at ₹4,032.40.
61.8% retracement at ₹3,507.50, which acted as a strong support before the stock resumed its upward movement.
The breakout above ₹5,206 now opens the path towards the previous highs around ₹6,256.7.
Bullish Trendline Support: The stock has been respecting an ascending triangle pattern, marked by higher lows, which reflects accumulation and strengthening of the uptrend. The recent breakout from this triangle pattern gives further bullish confirmation.
Targets Ahead:
Near-term target : Based on the breakout and the height of the triangle, the immediate target is around ₹6,256, which aligns with the 0% Fibonacci level.
Potential upside projection : Using the measured move from the breakout, the stock has a potential to reach ₹6,900-7,000 levels, reflecting a 30-40% upside from the breakout point.
RSI Momentum : The RSI has broken above the 70-mark, entering the overbought zone, which confirms strong bullish momentum. However, the overbought condition may suggest some consolidation in the short term before the next leg up.
Support Levels : On any pullback, strong support lies around the Fibonacci 38.2% level at ₹4,557.35, followed by ₹4,032.40 (50% level). As long as these supports hold, the overall trend remains bullish.
Conclusion : Amber Enterprises is showing a powerful breakout with high volume, indicating a potential bullish rally in the coming weeks. Traders can look for opportunities on pullbacks or momentum continuation above ₹5,500, with a near-term target of ₹6,256 and a possible extension towards ₹6,900.
XAUUSD - Today's Setup - 16/10Good morning, traders! ☀️
GOLD is on the move, and I’ve spotted a great buy zone that’s lined up with most of my confluences. I’m hoping the price will hit it and get me into a solid trade! 🤞📈
Yesterday’s sell zone setup worked out nicely, with a sweet 30-pip move. I hope you all managed to jump in and secure some profits! 💰🔥
That’s all I’ve got for today—let’s see how the market plays out. Wishing everyone a profitable day ahead! 🚀✨
Don’t forget to follow and give this post a boost if you like my TA—thanks! 🙌📊
NQ Power Range Report with FIB Ext - 10/16/2024 SessionCME_MINI:NQZ2024
- PR High: 20352.00
- PR Low: 20306.00
- NZ Spread: 102.75
No key scheduled economic events
Swing back below Monday's low
- Inventory front run Keltner avg cloud
Session Open Stats (As of 12:35 AM 10/16)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 306.42
- Volume: 19K
- Open Int: 240K
- Trend Grade: Bull
- From BA ATH: -4.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone