SOL/USDT $SOL/USDT is trading within a falling wedge pattern, with key support at $210.47 and initial resistance at $223.72; a confirmed breakout signals targets at $265.95 and $311.27. Holding above the strong support at $197.45 strengthens the bullish case, while a stop-loss below this level mitigates risk. Technical indicators, including Fibonacci levels, suggest upward momentum, contingent on increased buying pressure, offering an attractive risk-to-reward ratio upon resistance breakout confirmation
Gann
Gann Analysis of Housing & Development Bank (HDBK)
1. Key Gann Levels**
The chart utilizes Gann angles and horizontal price divisions derived from **square of 9**. These levels represent **critical supports and resistances**:
| **Gann Angle** | **Price Level (EGP)** | **Significance** |
|----------------|-----------------------|---------------------------------------------|
| **1080°** | **75.21** | Major resistance at the upper zone. |
| **990°** | **66.79** | Strong resistance; previous price rejection.|
| **900°** | **58.86** | Significant resistance; near a prior top. |
| **810°** | **51.44** | Price is trading slightly above this level. |
| **720°** | **44.52** | Strong support; historical breakout zone. |
| **630°** | **38.10** | Key support; acted as a consolidation area. |
| **540°** | **32.17** | Psychological support level. |
| **450°** | **26.75** | Lower strong support; previous accumulation.|
| **360°** | **21.83** | Important support; breakout level in 2023. |
| **270°** | **17.41** | Secondary support from earlier trend. |
| **180°** | **13.49** | Significant base support. |
| **90°** | **10.06** | Long-term low zone support. |
| **0°** | **7.14** | All-time bottom support. |
---
2. Current Price Behavior**
- **Current Price:** **53.88 EGP**
- **Position:**
- Price is holding **above 810° (51.44 EGP)**, a significant level.
- The next resistance level is **900° (58.86 EGP)**.
- **Trend Analysis:**
- **Strong bullish trend** from 2022 to mid-2023, followed by a **consolidation phase**.
- The price has maintained higher lows, indicating continued bullish momentum.
---
3. Key Observations**
1. **Support & Resistance Zones:**
- **Immediate support:** **810° (51.44)**.
- **Immediate resistance:** **900° (58.86)**.
- **Breakout Level:** If price surpasses **58.86**, it can rally towards **66.79 (990°)**.
2. **Long-Term Trend:**
- The long-term trend remains **upward**, with pullbacks respecting Gann levels as dynamic supports.
3. **Accumulation and Strength Zones:**
- The **720° (44.52 EGP)** zone shows strong historical support and accumulation.
- Maintaining above this level indicates continued bullish strength.
---
4. Scenarios**
#### **Bullish Scenario:**
- **Condition:** Price breaks and holds above **58.86 (900°)**.
- **Target Levels:**
- **66.79 EGP (990°)**
- **75.21 EGP (1080°)**
#### **Bearish Scenario:**
- **Condition:** Price breaks below **51.44 EGP (810°)**.
- **Target Levels:**
- **44.52 EGP (720°)**
- **38.10 EGP (630°)**
---
5. Summary**
- The current price of **53.88 EGP** is showing stability above the **810° (51.44 EGP)** level.
- Watch for a breakout above **58.86 EGP** for further bullish momentum.
- A failure to hold above **51.44 EGP** could trigger a decline toward **44.52 EGP**.
Your comments are appreciated!
Wish you best of luck
Litecoin ($LTC) and Ripple ($XRP)CRYPTOCAP:LTC VS CRYPTOCAP:XRP : Chart Analysis & Key Steps 🧐
Litecoin ( CRYPTOCAP:LTC ) and Ripple ( CRYPTOCAP:XRP ) charts are nearly 100% identical, following a precise 6-step sequence:
1️⃣ Consolidation at mid-rally.
2️⃣ Rally continuation to the all-time high (ATH).
3️⃣ Rounding bottom accumulation (Adam & Eve for LTC).
4️⃣ Distribution phase marking a temporary peak.
5️⃣ Ascending triangle accumulation, signaling upcoming strength.
6️⃣ Rally breakout above the monthly horizontal resistance.
🔍 Key Insight: Both #LTC #XRP interact with the mid-zone levels consistently, showing synchronized behavior.
🚀 Conclusion: With #LTC mirroring #XRP’s structure, the 6th step breakout appears imminent. Prepare for the rally!
OM/USDT:$OM/USDT:
#OM The chart shows a rounded bottom pattern with strong support at $3.6 presenting a good entry point for a long position, while the first resistance is at $4.59 with targets at $5.40 and $6.11. The RSI indicates potential for a rebound, and the MACD supports bullish signals. A stop-loss at $2.98 minimizes risk.
The Bank Nifty Intraday trend forecast for December 17, 2024The trend looks bullish tomorrow for the Bank Nifty as well. 54590 looks like a strong resistance for the Bank Nifty spot. The levels provided in the chart may vary based on the gaps on the either side. The content is only for the educational purposes.
The Nifty spot intraday trend forecast for December 17, 2024I am bullish tomorrow. While calculating the Nifty spot levels, gaps on the either side are not taken into account. So levels may vary.
The content provided here are only views and the real-time market may not be in line to my forecast. Use it only for educational purposes.
(Spicy) December 12 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Above is the Nasdaq 30-minute chart.
There will be an indicator announcement at 10:30 shortly.
*Red finger long position strategy.
The Nasdaq has touched the 30-minute resistance line,
but the 2-hour chart MACD dead cross is in progress,
so I judge that a vertical rise is difficult.
Since it is breaking out of the 30+1 section,
the short-term pattern is breaking a little bit,
but I followed the trend for a strong rise.
As a risk factor,
there is a possibility of being swept away if the orange resistance line above No. 1 is broken, so you should be careful.
Also, since there was no reversal after the vertical rise in CPI yesterday,
an adjustment may come right away, so please take note.
If we just maintain the green support line today,
and move sideways, Bitcoin will be free.
This is the 30-minute Tether Dominance chart.
Since the downward trend is open due to yesterday's movement,
and Bitcoin is in an upward trend,
I tried to enter the short position operation method in reverse.
If it fails to break through the pink resistance line,
it will be a vertical decline,
but if you look at the candle shape on the left,
since a full candle is in place,
the short position entry point is at 3.96%
It is roughly the 30-minute resistance line + the 1-hour chart resistance line.
Since the topmost point is a textbook-like position for a 3.99% short position,
if it fails to break through the red resistance line today,
it seems very likely to fall.
This is the Bitcoin 30-minute chart.
Nasdaq is renewing its all-time high,
but Bitcoin has not yet broken through its all-time high.
Therefore, the possibility of a sweep condition seems low,
and based on the Nasdaq strategy and the Tether Dominance short position entry point,
we proceeded with the strategy with a strong upward condition.
For reference, Bitcoin also touched the center line of the 1-hour Bollinger Band chart alone, so the short-term pattern is broken,
and the 2-hour MACD dead cross pressure is in progress,
so the vertical rise looks low.
Today, the 1+4 section looks dangerous,
and the match was decided at the middle point, the 30-minute support + 1-hour support line of the Bollinger Band pattern.
*Red finger movement path
One-way long position strategy
1. $99780.5 long position entry section / When the green support line is broken
Or when section 2 is touched, stop loss price
2. $103,718 long position 1st target -> Good 2nd target price
If the strategy is successful, section 1 is the long position operation section.
Since it can rise without adjustment,
It seems advantageous to re-enter the long position without operating a short position.
The stop loss price is
The green parallel line support line at the bottom -> sky blue autonomous depending on the remaining drawing.
Since there was no resistance line touch on the 30-minute chart today,
You should be careful because it can end as a slight adjustment or sideways movement in section 1 at the top.
The orange resistance line at the top and the sky blue support line at the bottom
are sideways movement sections.
Section 2 is a textbook short position <-> BIT can be a long position entry point compared to Tether Dominance, which moves in the opposite direction.
If the green support line is maintained today,
it seems that there will be no problem in the upward trend,
and I have drawn the support line and checked the price from below Section 2.
And, I have been giving you a hint recently.
I explained that you don't need to worry too much about BIT movement.
I wonder if you had fun with minor altcoins in the Bitcoin rebound yesterday.
Depending on the movement today,
the sideways movement may continue,
so it would be good to aim for minor altcoins at the same time
until the red resistance line top section is broken -> the new high price is updated.
This was a very spicy hellfire analysis article.
I don't know if you liked it.
I am a person who does it if I have to. The quality can be adjusted as much as I can within my capabilities, so
Please refer to it,
and please use my analysis articles only for reference and use,
and I hope you operate safely with the principle of trading and stop loss.
Thank you always.
The downward space opens up. Trend analysisGold closed slightly higher last week, and gave up most of the gains of the previous four days at the end of the week. The 10/7-day moving average of the short-term four-hour chart opened downward at 65/70, and the RSI indicator was running on the lower track of the axis in the hourly chart and the four-hour chart, and the Bollinger band was running on the middle and lower track. Technically, the weak adjustment of gold on Friday changed the extremely strong gold bull structure. Wait for the rebound high to sell at the beginning of this week.
Gold bulls do not have any strong rebound now, and the short-term trend of gold is still short. The rebound is an opportunity for shorts. Gold is waiting for a rebound to continue to short. The 1-hour moving average of gold has begun to enter a downward dead cross pattern. If it continues to diverge downward, the gold short position will be further opened. Gold hit a new low in the Asian session. The previous low of gold at 2675 is now forming a counter-pressure. Sell at highs below the rebound of 2675. You can go short near 2670.
First support: 2640, second support: 2633, third support: 2620
First resistance: 2660, second resistance: 2672, third resistance: 2680
Trading strategy:
BUY: 2636-2638
SELL: 2670-2672
NVDA ANALYSIS NVDA has gained support at the monthly level of $123.54, indicating a potential pullback from this level. On the weekly chart, support was lost at $139.50, while the daily chart shows a loss of support at $135.07. NVDA appears to be undergoing a monthly pullback toward $123.54, with a possibility of testing the daily gained level at $121.77.
Strong Support and Momentum Driving GrowthNASDAQ:OM is well supported around $2.38, with a target of $7.57 in sight.
Bitcoin's positive momentum will be critical to NASDAQ:OM 's climb. With SEED_ALEXDRAYM_SHORTINTEREST1:FXS and CRYPTOCAP:GNO supporting its ascent, NASDAQ:OM is on course to reach its target ahead of schedule, thanks to robust market support.
#MANTRA #OM #RWA #Bullish #Altcoins
MARUTI KEY LEVELS FOR 16/12/2024**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**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.
NAUKRI KEY LEVELS FOR 16/12/2024**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**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.
RELIANCE KEY LEVELS FOR 16/12/2024**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**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.
SBIN KEY LEVELS FOR 16/12/2024**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**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.