Investment
Long-Term Investors Transefs to Cold Wallets 🐂 A fascinating trend has been quietly emerging in the world of cryptocurrencies that could be sending a bullish signal. Long-term investors, those who have a knack for hodling and seeing the bigger picture, are increasingly moving their assets to cold wallets rather than keeping them on hot exchanges. Let's delve into why this shift in behavior is a promising sign for the market. 📈💼
The Rise of Cold Wallets:
Cold wallets, often referred to as hardware wallets or offline storage, are known for their enhanced security features. They are not connected to the internet, making them significantly less vulnerable to hacking and other security breaches. As crypto adoption grows, the use of cold wallets is also on the rise.
A Bullish Shift in Behavior:
This transition of funds from hot wallets to cold storage is not merely about security; it's about the long-term vision that many investors hold. It suggests that a substantial portion of the market believes in the future potential of their holdings and is committed to keeping them safe for the long haul.
The Implications:
Reduced Exchange Dependence: Investors moving their assets to cold wallets indicate reduced dependence on exchanges, leading to lower risk of exchange-related issues.
Long-Term Confidence: It shows the market's confidence in the long-term value of cryptocurrencies, a critical ingredient for sustained bullish momentum.
Trading Strategy:
Stay Informed: Be aware of the evolving market trends and adapt your strategy accordingly.
Security First: Consider enhancing the security of your assets with cold storage options, especially if you have a long-term investment horizon.
Conclusion:
In the cryptocurrency world, market sentiment can be a significant driver of price movements. The growing popularity of cold wallets among long-term investors signifies a deep-seated belief in the future of the market. It's a testament to the potential of blockchain technology and its role in reshaping the financial landscape.
Keep a watchful eye on market trends, but always remember to manage your investments prudently and stay informed.
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[INTRADAY] #BANKNIFTY PE & CE Levels(23/10/2023) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 43550 level then possible upside rally of 400-500 points upto 43950 Level. And this rally can extend for another 400 points if it gives breakout of 44050 level. Any Major downside only expected in case banknifty starts trading below 43450 level. also possible Reversal Downside 43950 level.
Rising Wedge breakdown in POLYCABPOLYCAB INDIA LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakdown of Rising Wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 4566-.
✅Can Go short in this stock by placing a stop loss above 5498+.
OPPORTUNITY TO BUY NIKE ! daily analysisDear Investors,
Nike is showing a strong buying signal after good fundamentals this year.
this could be your opportunity to invest in a low-risk high-reward trade.
you can contact me for more info on why this is a good trade & give you a strategy on how to manage this trade and close it in the best scenario possible.
you can check my old trades too to get an idea of my trading mentality.
Lessons from MFF's Regulatory Challenge in Forex TradingYesterday, MFF (My Forex Funds) was hit with an unexpected and sudden blow when both the provincial securities regulator in Canada and the commodities regulator in the United States issued orders that effectively prevented them from trading securities or accessing their bank accounts. This significant action was taken without any prior notice or opportunity for discussion.
As a consequence, MFF now finds itself in a state of uncertainty, with its future hanging in the balance. At least until these freeze orders are lifted or modified, the business is effectively frozen as well.
This situation has imparted several important lessons:
1) The Proprietary Trading Firms in the US and Canada are likely embarking on a complex and protracted journey that may ultimately result in the establishment of more robust and transparent regulations within this industry. While the outcome remains uncertain, the hope is that such measures will enhance the safety and security of similar businesses in the future.
2) Given the inherent volatility and uncertainties associated with businesses like MFF, it becomes evident that regularly withdrawing profits is a wise practice. Relying solely on compounding, as enticing as it may be, can leave businesses vulnerable to unforeseen regulatory actions or market fluctuations.
3) This incident underscores the importance of relying on one's own private funds for trading endeavors. While Proprietary Trading Firms offer opportunities for profit, they also expose traders to external risks beyond their control. Maintaining control over personal funds provides a layer of security and autonomy that cannot be easily replicated in external trading environments.
In summary, the events surrounding MFF underscore the constantly changing nature of financial regulation. They emphasize the importance for traders and businesses to remain adaptable and prioritize sound financial strategies in an unpredictable market.
One key takeaway is that while being funded may be an intriguing avenue, it can be challenging to generate substantial revenue. Any such revenue should be deposited into our primary trading account, where it is shielded from external interference, ensuring that no entity can hinder your performance or restrict your trading activities unexpectedly.
The core focus should always be on continuous learning, studying, and improving our trading and investment methods and strategies. This commitment to self-improvement should remain at the forefront of your priorities.
ASIAN GRANITO INDIA | DOWN TREND BREAKOUT PATTERNDOWN TREND BREAKOUT STRATEGY
Entry Price - 80₹
SL - 30₹
Targets - 130,200,300,390+
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels - 16/10/2023Nifty will be FLAT opening in today's session. After opening nifty start trading above 19750 level and then possible upside rally up to 19870 in today's session. in case nifty trades below 19710 level then the downside target can go up to the 19590 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/10/2023) Today will be FLAT opening in BANKNIFTY . After opening if banknifty start trading above 44050 level then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level. also possible Reversal Downside 44450 level.
GVK POWER & INFRA | BEST PENNY STOCK TO NOWEntry Price - 9₹
SL - 4.5₹
Targets - 20,27,40,53,90+
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(13/10/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 44450 level then possible downside rally of 400-500 points upto 44050 Level. And this rally can extend for another 400 points if it gives breakdown of 43950 level. Any Major upside only expected in case banknifty starts trading above 44550 level. also possible Reversal upside 44050 level.
Head & Shoulder pattern breakout in SBILIFESBI LIFE INSURANCE COMPANY LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1355+.
✅Can Go Long in this stock by placing a stop loss below 1295-.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/10/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
INOXWIND breakout SUCCESSFULINOXWIND has given the breakout. as shown on the chart. we can see it has accumalated the quantity for past 3 months. now today has given breakout with nice volume. it will be a good trade with R:R :: 1:3.
Reason:
descending bullish triangle pattern breakout confirmation.
RSI is breaking 60 to upside nice strength in the trend.
Support at VWAP
Successful breakout after 5 months
High Volume is traded today.
Price > EMAs
Verdict:
Highly Bullish
Plan of action:
Buy: 204-208
Stoploss: 195
Target: 232
Power Grid Technical AnalysisNSE:POWERGRID
Power grid is about to give the break out from the long term resistance trend line. When the stock trades with one good bullish momentum then that will be right time to enter the trade.
At the down side 180 range and 120 range are good support zones to keep the stop loss.
GRAPHITE INDIA ready for breakout and bull runGRAPHITE INDIA ,can be now a multi bagger stock if breakout sustains and investors looking for good investment oppurtunity can enter here as safe entry point.
those who are looking for 1-2 years of investment and good returns can enter in a SIP manner to avoid risk of major loss as volume increases investment amount can be increased.
NOTE: Enter only if strong breakup volumes are found
INDOCO gave clear breakout have a lookIndoco remedies gave good breakout with rsi convergence signal as double confirmation.
can reach 420 as per the rule. Below 300 can be bearish reversal.
breakout with good volumes, everything explained on chart.
like and follow for more breakout patterns and investing ideas//thank you.
$25,000 Is The Price To HOLD: New Video Up!In a bull market, this blue horizontal line represents the lowest closing price between the point after all 6 MA's moved below the point of control and the point where all 6 MA's were no longer below the point of control.
This pattern has happened 3 other times in bitcoins history (2011, 2012, 2020, and now in 2023) but has not happened every cycle.
Nevertheless, when this price line is established, the price has never again closed below the line. Will we brake the pattern this cycle? Or will the pattern continue. What are your thoughts?
trend line work support and resistance finally breakout 1) weak chart analysis
2) chart following trend line from 2011 to 2023
3) Trend lines work as support and resistance.
4) December 2009 and July 2011 trend lines work as support
5) 2011 February to July may time work as support and finally break down.
6) this same trend line worked as resistance in august 2014, January 2018 and April 2022
7) August 2014: breakout of this resistance trend line but no sustained upside.
8) Finally, break down bottom level 7 (resistance at 35 and fall down from 40)
9) From bottom level 7 to resistance level 63, it takes 2 years (771% return).
10) from resistance comes down at 9 level
11) may 2022 attempt for break level but not possible that time
12) now this line is breaking out and moving new life time high
13) take 200 as stop loss and get 300-350 first target
no recommendation for buy and sell
NECCLTD LOOKS GOOD ON MONTHLY BASICS Disclaimer : This is strictly for educational purposes only. Please don't take it as investment advice. Stock Market Investment are very risky & subject to Market Risks. Use your discretion & consult your financial Advisor before investing.
NECCLTD MARKET CAP ONLY 154 CR SO PLS DON'T AGGRESIVE ON THIS STOCK .
PROMTER HOLDING INCREASE ON EVERY YEAR
NSE: NECCLTD is closing last month with a bullish breakout candle supported with volumes also show higher high , higher low formation on monthly chart . This volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days or Month . #stockmarket #stocks #investing #trading #investment #money #finance #stock #invest #nifty #investor #business #sharemarket #financialfreedom #bitcoin #trader #cryptocurrency #entrepreneur #sensex #daytrader #stock #wallstreet #wealth #nse #forextrader #bse #stockmarketindia #daytrading