Positional Buy AMBUJACEM fut near 632 tgt 655 SL: 624 Rationale: Stock has been taking rest at short term moving averages but MACD and RSI's internal crossover is suggesting some buy.
Markets
22800 on cards next week !!Nifty has been in side ways directions since quite some time but now the parallel channel seems to take it to 22800+ next week. Indicators are sweetly placed with bullish crossover and short term moving averages at 22252 could act as stop loss to all longs!!
GBP CAD PRICE - BACK TO BALANCE LIQUIDITY gbp cad price will be back to support zone to balance liquidity take a short after breaking resistance zone as shown in the picture, follow for live updates @FOREX_TRADER_007
BTC aims to break through the 66.8K barrier to continue
- BTC/USDT remains below the 0.786 Fibonacci level (66.8K), but buyers of the mother cryptocurrency defend the psychological level of **65K**.
- On the daily chart, we have observed that after reaching its all-time high at 73.8K and being rejected, the price has not managed to return to those levels. Instead, it has created a lower high at 71.8K.
- The outflow of funds from Bitcoin ETFs and significant liquidity absorption by medium-term market participants have led us to this waiting and consolidation period.
- Currently, the BTC/USDT price is trading around 66.5K, finding support at the 64.9K level (35-day EMA on the daily chart).
What to Expect in April for BTC Price?
To assess what will happen in the month, we need to look at higher timeframes, such as weekly or monthly. Regarding the weekly candle, it closed at **71.3K** (the highest weekly close in history). However, despite being a bullish close, BTC has returned to seek liquidity in the **65K** zone. To confirm weekly bullish continuation, we need to close above at least **70K**.
As for the monthly candle in April, it has started in red, indicating bearish strength. However, if we look back at BTC's price history, in most cases, when we start the month in red, the monthly candle has always closed in green during bullish times. In this plausible scenario, especially considering the halving month, the idea that BTC could reach **80K** or even more is not far-fetched .
THIS IS NOT INVESTMENT ADVICE NOR SHOULD IT BE TAKEN AS SUCH. EACH PERSON IS RESPONSIBLE FOR THEIR ACTIONS AS A TRADER, INVESTOR, ETC…
US30 CALLSThe price landed on a support zone and appears to be slowly forming higher lows.
Expecting the price to test the ATH area.
BTC resumes the long-term trend, resistance at 73.7K!!
Following a two-week period characterized by intensive selling by retail investors and strategic accumulation by large holders and financial institutions, Bitcoin has resumed its long-term upward trend.
The flagship cryptocurrency closed the week with a candle surpassing the 66.9K threshold, corresponding to 78.6% of the Fibonacci level, paving the way for investors to seek new records in the BTC/USDT pair.
Observation of the daily chart reveals a sequence of three ascending candles, accompanied by an increase in transaction volume, exceeding the levels recorded over the weekend.
With the approach of the Easter holidays, which will shorten the trading week in traditional markets until Wednesday, a potential surge by BTC/USDT investors is anticipated to challenge the 73.7K level, marking a new all-time high (ATH).
This scenario could intensify if liquidations occur on the part of sellers, boosting the volume and allowing the price to explore unprecedented territories in its history.
THIS IS NOT INVESTMENT ADVICE NOR SHOULD IT BE TAKEN AS SUCH. EACH PERSON IS RESPONSIBLE FOR THEIR ACTIONS AS A TRADER, INVESTOR, ETC…
XAUUSD ANALYSIS H4 BOTH SIDE Tomorrow market will decide this zone sell our buy
Remember stop loss is your friend
Would you believe patience is a ViRtUrE... *** Would you believe patience is a ViRtUrE... If yOu KnOw then YoU KnOw ***
RUNE Info
THORChain is a decentralized liquidity protocol that enables users to easily exchange cryptocurrency tokens over the network without the need for intermediaries. This is achieved by creating a liquidity pool that automatically establishes prices and provides liquidity for trading.
The key feature of THORChain is its ability to facilitate secure, fast, and reliable cross-chain asset operations. This means that users can directly exchange one cryptocurrency for another, even if they exist on different blockchains.
The RUNE token in THORChain is used as collateral for validators in the network and to ensure liquidity in the liquidity pools.
BINANCE:RUNEUSDT
Bullish DXY Awaits U.S. Interest Rate DataThe U.S. Dollar Index (DXY) remains in bullish territory, with buyers maintaining control as investors eagerly await the release of U.S. interest rate data.
Context
The focus is squarely on the Federal Reserve (FED), and markets are hanging on any hints regarding the future of interest rates. While no rate changes are expected, analysts are alert for any signals indicating a slowdown in rate hikes.
Inflation Reports
Last week's stronger-than-expected inflation reports have led market participants to revise their expectations for rate cuts this year. Traders now estimate that monetary easing will be around 75 basis points over the course of the year.
Key Levels
At the time of writing, the DXY is trading at 104.08 points, marking the ninth consecutive daily gain since its March 8 low at 102.32. Key technical levels include:
1. Next Resistance (104.77): This level corresponds to the triangle pattern's upper boundary on the daily chart. A breakout above this level could open the door to further gains.
2. 38.2% Fibonacci Resistance (105.07): If the DXY manages to surpass this mark, it could strengthen its bullish position.
3. 50% Fibonacci Support (102): This level acts as a floor for DXY's price and could be crucial in case of corrections.
Note: The information provided in this article is for informational purposes only and does not constitute financial advice. Always consult a professional before making investment decisions.*
The inflation data sinks the EUR/USD, with support at 1.087 The inflation data from the United States has had consequences in the financial markets. The EUR/USD has depreciated by -0.67% on Thursday, March 14th.
Global stock markets were heading for a tepid end of the week after seven weeks of gains, and the dollar remained strong following higher-than-expected U.S. inflation, which impacted expectations about the Federal Reserve's timing and frequency of interest rate cuts.
The euro extended its decline from the previous day, reaching $1.087, after hitting a two-month high of $1.0980 a week ago.
What will happen with the EUR/USD next week?
Currently, the pair is trading at 1.089, showing green on the daily chart and above the support level at 1.087. As long as the bulls hold this support level, we can expect them to attempt to push the price toward the resistance at 1.112 (the high from December 28, 2023). However, bearish pressure could push the pair back. Other important support levels include:
1.087 (38.2% Fibonacci)
1.079 (200-day moving average)
1.066 (50% Fibonacci)
**THIS IS NOT INVESTMENT ADVICE AND SHOULD NOT BE TAKEN AS SUCH. EACH INDIVIDUAL IS RESPONSIBLE FOR THEIR ACTIONS AS A TRADER, INVESTOR, ETC.**
BTC 15K to 73K, the beginning of the HOLDER dream pre-Halving!!
1. BTC is trading around 72.5K, surpassing its **all-time high (ATH) of 69K.
2. From its minimum around 15K, the original cryptocurrency has appreciated by 383%.
3. BTC HODLERS have experienced significant gains, with most of them currently in a profitable situation.
4. The critical question that arises is: **When will be the right time to sell?
The Crypto Community Profits After the Longest Bear Market in History
They say that after a long wait, substantial benefits emerge. And this is precisely what's happening in the crypto world. Traders, HODLERS, and crypto investors have weathered one of the worst bear markets in history. Many abandoned ship before it sank, but the wisest persevered. Their incredible profits today are a testament to their tenacity and patience.
Technically, BTC/USDT is on an upward trajectory since the 42.5K mark, appreciating by 73% from that level. Corrections will continue to weed out inexperienced traders who jump in during bullish market conditions, but the bullish targets remain steadfast.
1st bullish target: 80K
2nd bullish target: 120K
3rd bullish target: 150K
4th bullish target: 185K (only if it closes above 150K and that level becomes support; otherwise, it could signal the start of a new BEAR MARKET)
Regarding support levels, as long as we remain above the ATH (69K), the bullish trend remains secure. Additionally, if BTC enters a sideways phase and BTC DOMINANCE starts declining, it might be the perfect moment for ALTCOINS to continue their upward trajectory.
Remember: This is not investment advice and should not be taken as such. Each individual is responsible for their actions as a trader or investor.
DXY - Could pump could coincide with market reset for a whileI'm not someone that believes that when the markets pump the dxy has to dump and vice versa. However, it is undeniable and pretty logical that there is some correllation.
In this case the markets have been extremely bullish for a year straight with no significant pullbacks, and the dxy incredibly bearish with only one minor retracement. It is now at a key level that we called last time as the level that gave us the bullish run, so you should't be surprised if we get a bounce here. The markets are also extended and seem like they are slowing down, this might mean a few weeks of bearish moves in the markets and bullish moves on the dxy.
Regardless we are bullish for 2024 as a whole until there is a further indication, just be wary of the next few weeks and this critical level that we are at today.
Safe trading!
EUR/USDDue to the break of the medium-term trend, and the regular upward movement in a regular trend, there is a possibility of price increase in the same trend.
(This is just a personal opinion)
Oil: Thoughts and Analysis. Resistance Continues!Today's focus: Oil
Pattern – Resistance re-hold
Support – $77.21, $76.30
Resistance – $78.85
Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil on the daily chart.
Today, we have broken down how we see price and key levels. Once again, we have seen resistance re-hold and a new move lower after tests failed. Will we see a new move lower traders as we have seen in the past after buyers failed to break resistance? Or will we see the current trend hold and a new test and break of resistance eventuate?
Good trading.
HDFC short Bearish Target 700-800HDFC is showing bearish sign after in month of consolation seem in 6 month this share easy Touch down Trendline if 700-800
For quits trader it's time to exit if market below than this level 5% stop less from 700-800 rs easy target
For option trader -- take a PE call 1250 and every reversal book profit and enter in PE till 700-800 zone
For more chart analysis comment me in this post.
TRUUSDT(TrueFi) Bullish Bias UpdateSo based on the chart, the wave count show us that we are still in a wave 1 cycle, currently just completed wave 4 correction cycle, now expecting wave 5 cycle from the current price up to complete wave 5 of wave 1 then a correction from those Highs to create new lows wave 2 will be expected.
this might be a 10X gem..
USD/CHFBalanced movement of the price and the matching of the important Fibonacci area and the daily resistance, the possibility of the price falling to the bottom of the channel.
(This is just a personal opinion)
AMC reversal time?While everyone has been running away from AMC I've been running towards. I think yesterday we may have seen the last squeeze on AMC price.
Today AMC showing a strong revesal patern on the 4hr hr chart. Could AMC be making its turn. Earnings coming up in FEb so i guess we will know more than but for now let's just see if the investors feel the same as i do about AMC To the moon! LET'S MAKE AMC GREAT AGAIN lol
IDFC First BankPut this Bank's Swing Trade in your Watchlist Guys!
It's Price has a Significant potential to Hit Century again ;)
SPX Double Top - January 2024 Recession: Target 1599Hello everybody, I have been keeping a close eye on our economy and indices and it looks like we are already in a recession. This will be one of the biggest recessions in history and will make 1929 and 2008 look like a correction. As job layoffs continue, we expect this to increase dramatically for the next couple of years. On a technical level we are witnessing a major double top
A New Year Special - 1hour Free Zoom SessionHello All,
I will be holding a short, 1 hour sharing with Zack, a feng shui master , where we will be sharing on the mentioned in the flyer above.
I will be covering some important things to take note of for your trading and sharing how I look for trades etc!
Zack will be sharing his view on the outlook of the world in 2024 and some discussions on Zodiacs!
Hope to have a Huat huat year ahead!
Date: 31 Jan 2024
Time: 730pm SG time (GMT +8)
Venue: Zoom
If you are keen ,do sign up using the link below!
forms.gle
An email for the Zoom session will be sent to you.
Thank you and see you!😬🥶😉
SELL USDJPY DAY TRADE SIGNAL
Consider selling USDJPY based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
Market Update - January 5 2024
Bitcoin gains 156% in 2023: Bitcoin (BTC) managed to close out 2023 with an impressive 156% gain, rising from ~$16k to over FWB:42K as the leading crypto asset regained credibility following numerous high profile collapses in the previous year. Throughout the second half of 2023, BTC prices generated strong momentum as confidence grew around the possible approval of a US-based spot Bitcoin ETF.
Despite volatile start to 2024 and negative ETF report, bitcoin remains in the $43k-$44k range: Anticipation of the coming spot bitcoin ETF decision (expected by January 10) was palpable on Wednesday, as BTC abruptly fell more than 10% following dissemination of a Matrixport report suggesting that the SEC could reject all pending ETF applications. As the story developed, there was no source to suggest that a decision to reject the ETFs had been made, and with most evidence so far suggesting there will be an approval announcement before the deadline next week, BTC bounced back to the $44k level.
Ethereum co-founder Vitalik Buterin shares a robust 2024 roadmap: Ethereum will continue its focus on its six main priorities: the Merge, the Surge, the Scourge, the Verge, the Purge and the Splurge. With the approval of a US-based spot bitcoin ETF potentially days away, some market participants are already eyeing up a potential ether ETF this summer as the next catalyst for the second most popular crypto.
Interest rates expected to fall in 2024, but strong jobs report may delay rate cuts: Minutes from the Fed’s December meeting showed that rates are most likely at their peak with nearly all officials predicting lower rates in 2024. There appears to be disagreement, however, on how long rates will stay at the current elevated levels. On Friday, the final jobs report of 2023 showed that employers added 216,000 jobs in December, well above expectations, and potentially complicating the outlook for a rate cut early in 2024.
Sei and Arbitrum outperform to start 2024: SEI, the Sei Network’s governance token, is trading up +25% over the past seven days and reached a new all time high above $0.80 as the network continues to see growing adoption. Arbitrum (ARB) was another outperformer this week, gaining +28% over the past seven days, with the token briefly crossing the $2 mark.
⚖️Topic of the Week: Blockchains and Scaling Solutions
⏭️ Read more here
