Copper Five Dollar TargetPossible distribution pattern incoming that'll take about 2 years to playout. The selloff that'll play afterwards will be quick like usual based on what we've seen in the past. 2008, 2011, and 2022.
Keeping an eye on MACD will help time a top if we dont see a breakout from the channel.
Longterm
Is LTC approaching a trend reversal?I invite you to check the situation of LTC in pair with USDT on a one-weekend basis.
We see on the chart that the price is at the intersection of two lines, an upward trend line and a downward trend line. These are the two main trend lines that have currently formed a triangle from which the price will choose the direction of movement.
Locally, we can see a sideways trend channel with smaller and smaller lows.
The RSI indicator shows that we have approached the place where we could previously observe price rebounds, the STOCH indicator looks similar, but here we can see a movement at the lower limit, which may translate into an upward movement.
Moreover, the chart shows how the price remains in a strong support zone, which may also influence the upcoming rebound towards the designated resistances.
ETh/USDT 1DInterval Chart ReviewHello everyone, I invite you to review the chart of ETH versus USDT, taking into account the one-day time frame. As you can see, the price has risen from the first channel of the downward trend, marked with blue lines, but currently we are staying just at the lower border of the lateral trend channel, marked with purple lines.
Currently, the price has bounced off the strong support zone which starts around $2,954 and ends at $2,681. A breakout from this zone could result in a price drop to around $2,000.
Looking the other way, you can see how the price remains ahead of a strong resistance zone from $3,083 to $3,253, going further you can determine the second zone from $3,531 to $3,732. If the price breaks higher from these two zones, there is still strong resistance at $3,977.
On the RSI indicator, we can see that we are bouncing just before the lower limit, which may potentially result in further upward movement, but it is worth monitoring the behavior of BTC to see if the current panic will deepen market corrections again.
SOUTHBANKHi guys,
In this chart i Found a Demand Zone in SOUTHBANK CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
VIPCLOTHNGHi guys,
In this chart i Found a Demand Zone in VIPCLOTHNG CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
DEN NETWORK FOR LONG TERM MY VIEW ON 06.07.2024Den Networks Ltd is one of the largest cable distribution companies in India. Here's a detailed explanation:
Overview
Den Networks Ltd was established in 2007 and has grown to be a major player in the digital cable television and broadband sectors in India. It is part of the Reliance Group.
Business Segments
Cable TV:
Den Networks provides cable television services across multiple cities in India.
It offers a wide range of channels, including regional, national, and international content.
The company has been transitioning from analog to digital cable TV, which provides better picture quality and additional services.
Broadband:
Den Networks offers high-speed internet services.
It has been expanding its broadband services to cater to the growing demand for internet connectivity in both urban and rural areas.
Key Features
Wide Reach: Den Networks has a significant presence in several states across India, making it one of the most widespread cable TV service providers in the country.
Digital Transition: The company has been focusing on converting its analog cable subscribers to digital, which allows for more interactive services and higher-quality broadcasting.
Partnerships and Collaborations: Den Networks has formed strategic alliances with various content providers and other stakeholders in the media and entertainment industry to enhance its service offerings.
Financial Performance
Revenue Streams: The company generates revenue from subscription fees, advertising, and broadband services.
Investments: Den Networks has been investing in infrastructure and technology to improve its service quality and expand its customer base.
Challenges and Competition
Market Competition: Den Networks faces stiff competition from other cable and DTH (Direct-to-Home) service providers like Tata Sky, Airtel Digital TV, and Dish TV.
Regulatory Environment: Changes in regulations by the Telecom Regulatory Authority of India (TRAI) can impact the company's operations and pricing strategies.
Recent Developments
Reliance Acquisition: Den Networks is now part of the Reliance Group, which has provided it with additional resources and support to expand its services and improve its market position.
Technological Advancements: The company is continually upgrading its technology to offer better services, such as high-definition channels and faster internet speeds.
Den Networks Ltd continues to be a significant player in India's media and entertainment industry, adapting to changes and leveraging new opportunities to grow its business.
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.
Bitcoin at a Critical Level: What Investors Need to KnowBitcoin ( BITSTAMP:BTCUSD ) is currently at a crucial juncture. The 3-month chart suggests that if Bitcoin drops below the $50,000 level before moving above $70,000, we could see further downside, potentially to the $40,000 - $35,000 range.
Election Impact
This potential scenario might coincide with the upcoming election, which could have a significant impact on market sentiment and liquidity. Political events often introduce volatility and uncertainty, affecting investor confidence and market stability.
Investment and Trading Strategy
For investors, a potential dip to the $40,000 - $35,000 range presents a buying opportunity. However, traders should consider hedging their positions to profit in case of further declines. This approach can help manage risks and take advantage of market fluctuations.
Long-term Outlook
Over the next 6 to 8 months, these market dynamics could lead to increased buy-side liquidity and higher prices. This period of stabilization might create a more favorable environment for Bitcoin and other cryptocurrencies.
Conclusion
While the short-term may bring challenges, particularly due to the election, the long-term outlook remains positive. Investors and traders should prepare for potential short-term declines but remain optimistic about increased liquidity and higher market prices in the future.
Bitcoin for long-term📈 **Analysis of EZ7_strategy** 🏆
In this comprehensive review, I have meticulously examined the confirmations provided by my trading strategy (based on price action) and have drawn the following conclusions.
1. The initial analysis suggests patiently awaiting the attainment of the channel ceiling, with a subsequent observation of an overbought condition in the RSI zone at the critical price point of $53,256. ⌛️
2. The secondary analysis revolves around reaching the support floor at $28,580, serving as the primary support level, strategically aligned with the breaking zone of the bullish area at $28,580. 🎖️
3. There exists a 50% probability of Bitcoin touching the price level of $18,387, introducing an element of uncertainty in the market dynamics. ✨
4. Our primary target for resistance lies at the $64,485 level, with the secondary target closely aligned with the termination point of the second logarithmic function, reaching $80,000. 🚀
By leveraging these insights, investors can make informed decisions not only in Bitcoin but also in other cryptocurrencies. 🙏
Your support through likes and comments is crucial, empowering me to provide you with more refined and insightful ideas. ❤️🚀
XRP. Will the old analysis work out again?!Last time I posted this analysis we made more than +1000% .
Lets see if the old analysis will do its work once again.
First buys can be placed at the TAP of the trendline just in case we don't go lower so we don't miss out on anything (playing smart)
Be smart ;)
ETH - Next Bullish Impulse Soon?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been overall bullish, trading above the rising trendline marked in blue.
Currently, ETH is undergoing a correction phase and approaching the lower orange and blue trendlines.
Moreover, it is retesting a strong support and demand zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and blue/orange trendlines acting as non-horizontal support.
📚 As per my trading style:
As #ETH is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ALANKIT FOR LONG TEAM Steady Growth: Alankit has consistently demonstrated steady growth in its financial performance, reflecting its robust business model and strategic initiatives.
Revenue Streams: The company has diversified revenue streams, which contribute to its financial stability and reduce dependence on any single source.
Market Presence:
Wide Reach: Alankit has a strong presence across India with numerous branches and service centers, ensuring accessibility for a broad customer base.
Reputation: The company has built a solid reputation for reliability and trustworthiness in the financial services industry.
Innovative Services:
Technology Integration: Alankit leverages advanced technology to offer innovative and efficient services, enhancing customer satisfaction.
Service Range: The company provides a comprehensive range of services, including financial services, e-governance, health care, and insurance, catering to diverse customer needs.
Customer-Centric Approach:
Customer Focus: Alankit prioritizes customer satisfaction, offering personalized services and maintaining a high standard of customer support.
User-Friendly Platforms: The company’s online platforms and digital solutions are designed to be user-friendly, making it easy for customers to access and utilize services.
Strong Management:
Experienced Leadership: Alankit's management team consists of experienced professionals with a deep understanding of the industry, driving the company’s growth and strategic direction.
Visionary Leadership: The leadership’s visionary approach ensures that the company is well-positioned to capitalize on emerging opportunities and navigate market challenges effectively.
Corporate Governance and Responsibility:
Ethical Practices: Alankit adheres to high standards of corporate governance, ensuring transparency, accountability, and ethical practices in all its operations.
Social Responsibility: The company is committed to corporate social responsibility (CSR) initiatives, contributing to social development and community welfare.
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.
XRP - Shift in Momentum in Action!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 XRP has been overall bearish , trading within the flat falling wedge pattern in red.
Moreover, it is hovering within a massive weekly support zone $0.5 - $0.6.
🏹 For the bulls to take over from a long-term perspective, a break above the upper red trendline and $0.6 resistance level is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BUY EURUSDWe are monitoring EURUSD for a long term potential buy. Price has formed a strong support on 1.066 zone. We are expecting a strong bullish move to retest the level 1.0800 level. Stops are below 1.066 level. 1st Target is 1.07277, 2nd Target is 1.07500 and final Target is 1.0800. Use proper risk management.
NKE Leap Call / Long Term BuyNike is setting up for a long-term buy / leap call opportunity. The Jeanius Indicator/Screener gave the following reasons why:
Price fell through two untested lows, taking out sell-side liquidity. The indicator shows how much volume came from and how far price ran up from these lows.
NYSE:NKE is also testing a 3M uptrend line from the low of 2017 through the low of 2020.
The brilliant Jeanius Indicator printed "Combo" labels on the chart when this specific combination of multiple confluences has occurred in history!!
QNT ANALYSIS🔮 #QNT Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #QNT. It's a 12hr time frame breakout and it's ready for a bullish move of around 40% in for short term and around 80% in long term
💸Current Price -- $77.9
📈Target Price -- $139.3
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#QNT #Cryptocurrency #Breakout #DYOR
ETH/USDT 1d chartHello everyone, here's a quick review of the situation on ETH in pair with USDT on a one-day time frame. as you can see, we are moving in a triangle.
To determine support zones, we will use the Fib Retracement grid, thanks to which we have a visible zone from $3,254 to $3,056, but when the price breaks out of it, we still have support at $2,819.
looking the other way, we will define the resistances in a similar way and here we can see the first resistance at the price of $3,526, then the second one at $3,695, and then we have a strong resistance zone from $3,814 to $3,972.
SOL - Wait for Solana's ETF!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 SOL has been bearish trading within the falling channel pattern marked in red.
Moreover, the $100-$115 is a strong support and demand zone.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #SOLANA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCAD - Next Bullish Impulse Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDCAD has been overall bullish, trading within the rising wedge in blue.
Currently, USDCAD is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #USDCAD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Moderna - Correction Almost Done!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 MRNA has been overall bullish , trading above the trendline marked in blue.
Currently, MRNA is undergoing a correction phase in the shape of a falling channel.
Moreover, it is retesting massive support zone in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower blue/red trendlines acting as non-horizontal support.
📚 As per my trading style:
As #MRNA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURUSD: Weekly overview and opportunities
Reasons to Long:
Bearish long-term channel
Last break was bearish
Reasons to Short:
Near a demand zone that coincides with the bottom of the channel, which is around 1.0620
It seems that a weak short-term zone appeared around 1.0680
Conclusion:
I predict a slightly bullish week. However, I'll wait to reach mid-term zones that can be found between 1.0760 and 1.0720 to short the pair. I don't recommend taking long trades here unless you are a scalper or an extremely short-term trader.