Get started

Gann

DON'T MISS VELAS AT THIS DISCOUNT PRICES - STILL ACTIVE PROJECTTECHNICAL ANALYSIS AND TRADE PLAN FOR VELAS Chart Overview Timeframe: The analysis is conducted on a 4-hour chart, providing mid-term insights. Pattern Identified: A falling wedge, a bullish reversal pattern, suggests an impending breakout to the upside. Current Price: Approximately $0.0065564 at the time of analysis. Volume Analysis: Declining volume indicates price compression, which typically precedes a breakout. Key Levels Support Zone (Discount Area): Around $0.0058–$0.0060. Resistance Zone (Premium Area): First resistance at $0.0080 and a major zone at $0.0100–$0.0120. Previous Highs (Targets): $0.0140, $0.0220. Indicators: RSI (Relative Strength Index): Showing oversold conditions, supporting a reversal. Stochastic Oscillator: Near bottom levels, indicating a potential bullish crossover. Volume Oscillator: Low activity with potential for volume surge on breakout. Price Action: A series of lower highs and lower lows confirms the falling wedge. Breakout from the wedge is expected as the price nears the apex, combined with reduced bearish momentum. Market Sentiment and Team Progress: The Velas team, led by Alex Alexandrov, is working hard and smart to drive the project forward. Recent updates reveal positive developments and growing confidence in Velas 2.0, as highlighted on their official Twitter account. According to Accumulated Finance, VLX has strong potential due to its innovative subchain technology and enhanced ecosystem. Trading Plan 1. Entry Strategy: Initial Entry (Aggressive): Enter around the current price ($0.0065) with a smaller position to catch the breakout early. Confirmation Entry (Conservative): Wait for a confirmed breakout above $0.0070 with strong volume before entering a larger position. 2. Take-Profit Targets: Short-Term Target: $0.0080 (Resistance Zone). Medium-Term Target: $0.0100 (Major Resistance). Long-Term Target: $0.0140 and $0.0220 (Key Fibonacci levels and previous swing highs). 3. Stop-Loss Placement: Initial Stop-Loss: Below $0.0055 (below the wedge support). Trailing Stop: Move the stop-loss to break-even after a breakout above $0.0080 and trail below each significant swing low. 4. Risk Management: Allocate no more than 2% of total trading capital to the initial position. Use position sizing to ensure the maximum loss (based on stop-loss placement) does not exceed predefined risk tolerance. 5. Monitoring Plan: Volume: A breakout without increased volume may signal a false breakout. Wait for confirmation. Momentum Indicators: RSI and stochastic should support the move; divergence against the price could invalidate the setup. Market Conditions: Monitor Bitcoin and general market sentiment, as they can influence VLX price movements. 6. Scaling Strategy: Add to Position: On a confirmed breakout with high volume above $0.0075, add to the position during retests of support. Partial Profit-Taking: Secure 50% of profits at $0.0100 and let the rest ride towards higher targets with a trailing stop. The falling wedge pattern and supporting indicators suggest a strong potential for bullish momentum in the short-to-medium term. The dedication and smart efforts of Alex Alexandrov and his team, combined with the positive momentum from Velas 2.0 and its latest announcements, align with a promising future for VLX.
CRYPTO:VLXUSDLong
by elfabiiani
2
NAYKRI KEY LEVELS FOR 27/01/2025**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
NSE:NAUKRI
by nandupk
BANKNIFTY KEY LEVELS FOR 28/01/2025**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
NSE:BANKNIFTY
by nandupk
IBM: Attention! First signs of the end of the retracement!International Business Machines, abbreviated IBM and nicknamed "Blue Green", the large multinational computer technology and consulting corporation based in Armonk, New York, has a CLEARLY BULLISH technical aspect in its main time frames. During 2024 it accumulated a rise of almost 50% when it reached the 239 area on December 9. Since then the price took a break and began a retracement phase that took it to the 215 area (61.8% Fibonacci). --> What situation is it in now? If we look at the chart, last Friday the price showed us the first 2 bullish warnings (Bull), indicating that the END of the retracement could be very close!! --> What areas do we have to watch? An upward break of the 227 area would indicate the END OF THE REVERSE and therefore, a new attack on its historical highs. But if the price loses the 214, it could easily take it towards the 204 area. --> Is there any risk nearby? Yes. Wednesday 29th presents results and if there are negative surprises, the price could fall strongly towards the 204 area, putting its medium-long term bullish trend at risk. If our profile is CONSERVATIVE I would stay out of the value until the results are published, but if we have an AGGRESSIVE profile, we could follow the following strategy. -------------------------------------- Strategy to follow: ENTRY: We will open 2 long positions if the H4 candle closes above 227 POSITION 1 (TP1): We close the first position in the 238 area (+4.8%) --> Stop Loss at 214 (-5.7%). POSITION 2 (TP2): We open a Trailing Stop type position. --> Initial dynamic Stop Loss at (-5.7%) (coinciding with the 214 of position 1). ---We modify the dynamic Stop Loss to (-1%) when the price reaches TP1 (238). ------------------------------------------- SET UP EXPLANATIONS *** How do we know which 2 long positions to open? Let's take an example: If we want to invest 2,000 euros in the stock, what we do is divide that amount by 2, and instead of opening 1 position of 2,000, we will open 2 positions of 1,000 each. *** What is a Trailing Stop? A Trailing Stop allows a trade to continue gaining value when the market price moves in a favorable direction, but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a certain distance. That certain distance is the dynamic Stop Loss. -->Example: If the dynamic Stop Loss is at -1%, it means that if the price drops by -1%, the position will be closed. If the price rises, the Stop Loss also rises to maintain that -1% in the rises, therefore, the risk is increasingly lower until the position becomes profitable. In this way, very solid and stable price trends can be taken advantage of, maximizing profits.
NYSE:IBMLong
by jmesado
GBPUSD Swing Trade idea 27-31 Jan-2025Hello Traders. Following up on the previous post and as promised. This is my expectation on GBPUSD on a HTF. 1. Swing structure is Bearish *After a Bearish BOS, I can identify premium price for possible short positions targeting the newly created swing low. *Price is already trading above equilibrium level /50% FIB and the identified POI i consider it a valid POI due to IMB/FVG; LQ, CHOCH & above 50% FIB. 2.Internal structure is Bullish *Using 15m-3m i would be waiting for MSS to align with swing structure before taking any trades.
Short
by Ocean98
2
Is VINE the Tiktok breaker? ELON Musk x Trump. Vine $5 ?It feels inevitable—VINE has the potential to replace TikTok, and I firmly believe that Mr. Musk will be the game-changer here. If TikTok fails to meet expectations over the next 90 days, the platform could lose its edge. But for VINE? That’s a golden opportunity waiting to be seized! With Musk at the helm, this could be the revival of something big. When I write, I don’t always write much, but when I do, it reflects deep thought. Think about this: Who says Trump can’t shorten the deadline? Of course, he can. Let’s not forget that VINE was sold to Twitter, which now belongs to Musk. He has the means to bring it back stronger than ever. The question isn’t just what they will do, but how can you prepare to leverage this potential disruption? Unlike the hype around figures like Trump and Melania, VINE’s potential lies in careful alignment and smart positioning, creating opportunities for unprecedented earnings if handled strategically. Now lets talk the chart way the obvious chart of 1hr shows it shall fall a bit to get a good buys, the action is depicted below Allocate 35% at current levels, with the remaining reserved for the sky-blue rectangle zone marked on the chart. Leverage Play: If you’re comfortable with leverage, this could enhance returns significantly, making it a solid choice for those aiming to level up their positions. This isn’t about scalps or quick trades. This is a purely positional strategy, designed for holding and maximizing returns. Final Thoughts The markets favor the prepared. Just as VINE may disrupt the social media landscape, SOL offers a clear path for potential gains if approached strategically. Whether you’re working with cash or leverage, the plan is simple: prepare, position, and hold for what could be a major move.
COINEX:VINEUSDTLong
by MastaCrypta