KPGEL Diwali Pick 2024Stock Analysis and Trade Setup
This chart shows the stock breaking out of a long-term downward channel, suggesting a potential trend reversal:
• Bullish Setup : The price has broken above the descending channel, indicating bullish momentum. A strong consolidation above the support level around 631.1 could confirm this breakout. If the price maintains this upward trend, the next resistance at 716.75 would be the primary target, followed by further gains if momentum persists.
• Bearish Scenario : If the price fails to hold above 631.1, there could be a retest of lower levels. Watch for a potential short entry below the key support level at 525.9, as a breakdown could signal a continuation of the downtrend.
The RSI indicates room for further upside, and increasing volume supports the bullish breakout. Monitor these levels closely for entry and exit signals.
Disclaimer: This analysis is for educational purposes only. Please conduct your own research before making any trading decisions.
Moneymakers
BITCOIN ONCE MORE ON THE RISE!!Hello and welcome back friends i have some exciting cooks for the next crypto PUSH of 2025.
Bitcoin is looking great despite the world events which is nothing more than a reason to set up bitcoin for its spring to the upside. After a war there's always profits once it resolves. Indicator (1). Donald T. Speculation if he wins it will push crypto, he is pushing a crypto narrative and wants to make the USA a BTC/Crypto Hub. Indicator (2). Banks are having innovation coming in 1-2 years through company SWIFT for adaptation of Digital Currency. Indicator (3). XRP just received greenlight for adaptation as one of DUBAI's currencies. Check your own facts so that you can correlate to this post as ive done my research to. Its just funny, as well as interesting to notice how the chart TELLS US where the market will go, and then the world events make it happen. Absolutely amazing to have conviction through these markets at these very moments we are in a bearish dip for BETTER BUYS. This baby will continue to pump thorugh 2025. Now..... For the Analaysis haha.
As we can see from the chart BTC seems to have a strong floor here at the 60,000 Price range. i have it marked up by a green textile box that price has a great level of support and resistance if you notice to the left. Currently sitting on the 0.236 of our Fibbs from a swing low to swing high out look, and as the jingle goes from low to high we're looking for buys at key levels of the fibb.
If she decides to dump a little further for reasons of war & fear, but as stated earlier thats actually a good thing for a higher push in economies. Black swan events despite being unfortunate bring prosperity in goods overtime. This level would be the 0.382 or price at 51,500 of BTC. this will be another VERY strong floor for BTC to quickly recover from notice the wick Monday 5 Aug. We're in for some Bullish runs team Lots of love keep yourselves well and DCA through this crypto market build your portfolios and HODL for 2025.
GBP/AUD TRADE IDEAVery important to wait for a clear break and retest of which direction the market is going to move.
this is the 30m timeframe. entrance would be at a 15m timeframe but we have to wait for a break of structure and retest.
patience is key here. no rush. trade can go either direction so we have to wait for a higher probability setup.
Most people are buying now due to the support line but i am waiting for a more clear entrance.
Alright $ETHUSD Traders It's Almost TimeCheck it out traders, and reference my other ideas in relation to how you could make this work for you.
$2500.... $2500.... $2500....
It's almost there, this is the point where the HODLing pays off, ignore this dip, it's a bull market, the pull back was healthy crypto needed it. Now, lets enjoy some consolidation ASMR and make some money.
- M1ndless
$RIOT Entry Point?Check out the chart it isn't too much but if you were trying to capitalize on NASDAQ:RIOT or NASDAQ:MARA this pullback looks like a nice spot to do it, i am personally observing the price while being in two longer trades until April but i'm looking to snag some more profit off of BITSTAMP:BTCUSD by capturing it through NASDAQ:RIOT or NASDAQ:MARA , so keep your eyes peeled.
-Mindless
MY MAN - ALWAYS HUNTING & REWARDING
The following analysis represents my personal opinion, and any trades executed based on this chart are solely your responsibility.
Well it did not play as expected, however still gave some bucks!
See you guys next time - just have patience & don't be aggressive...
Happy Trading!!!
Please remember that any trades executed based on this analysis are at your own discretion and risk. Make sure to conduct thorough research and seek professional advice before making any investment decisions.
EURUSD 2HR CHARTWe have a sell opportunity for the upcoming week we can clearly see that the EURUSD has been on the uptrend for the past weeks making it a good opportunity for the reversal. which we already see it bounced from our key area and resistance at @1.09100 and it also broke the uptrend. we can expect a little pullback to get more orders around the resistance. overall for this following week we can expect a downtrend looking specifically for sell opportunities.
Trade safe everyone and let me know what you guys think about my analysis. Have a excellent week everyone. :)
EURJPY 1HR CHART SIGNALWe have a nice head and shoulders pattern on the 1hr time frame for EURJPY, there is also double confirmation coming from a good rejection from the 4hr resistance @144.486. we also see the breakout of the uptrend we currently had going on for the past week making it even better opportunity for the sell coming up.
A nice point of entry would be around @144.000, putting our SL right above the right shoulder which would be around @145.500 giving us a good space incase we see a small pullback allowing us to stay inside our trade. For our TP I am looking at 1-1 risk/reward so the first TP would be @142.500 and to maximize our profits I would aim for the seconde TP down to the 4hr support which would be around the @140.317.
Funds and money in cryptoFunds and money in crypto
First, let's determine why money are required for the project.
Money . The first and most evident thought that occurs to mind. A startup exchanges a portion of its stock or tokens (often a soul) for digital evergreen paper. Is it feasible to grow your business without these funds? Certainly, you can, but why? When a team has operational cash flow, it can stop pursuing profits from day one and instead focus on developing a high-quality product that will bring a lot more profit for everyone in the long run.
Expertise . Every big VC has a whole team of specialists that can assist a new or not-so-young startup with a variety of difficulties, including business model development, tokenomics, marketing, and cost reduction. Even if a developer is a talented coder, this does not guarantee that he or she can create a lucrative firm.
Connections . The fact that funds invest in dozens of initiatives necessitates communication with hundreds of thousands of professionals worldwide. There may be an intriguing project in the investor's portfolio with which one might form a relationship or attract customers.
Quality rating . When a cool fund invests in a firm, the rest of the market receives a signal to keep an eye on them. If stock experts who evaluate hundreds of companies every month opt to invest in the team, then the startup's concept and potential are rather strong. While this does not alter the fact that even market experts occasionally miss the mark.
We have therefore determined why we require a financial investment and will proceed. The following important question is how much was invested in the project.
It would appear that more is better. However, this is not always the case, at least not in our experience as bold speculators.
When 100-200 million dollars are invested in a token, this indicates that the minimum FDV is already trying for a billion dollars, making it considerably more difficult for early investors to obtain Xs with sensible prices on the listing. Therefore, purchasing such enormous items at the beginning of the market is a mediocre idea, however participation in their activities is an excellent idea.
On the other hand, if they invest too little ($100-$300k), this may indicate that they don't trust much in the progress just yet; other funds invested three kopecks just in case. With this alternative, however, there is a substantial potential for X, as was the case with My Neighbor Alice, who, after privately accumulating two lyams, moved to binance and made their early investors and players wealthy. I should emphasize, however, that this is a relatively unusual occurrence, which occurred owing to the bull market's enthusiasm.
Ideally, we are interested in anything that falls between the preceding two criteria. A $5-$20k investment gives ample room for X's on the listing, and is sufficient to form a really cool team and develop the product.
soon it will goes to moon so buy and hold guys ez money from...soon it will goes to moon so buy and hold guys ez money from this astra protocol coin.buy at 0.30 0.35 sell up too 7.47
KUCOIN:ASTRAUSDT
Nifty's negative breakdownNifty 50 today has Breakdown 50 DEMA.
And also closed than 50 DEMA. i.e., 31.49 points lower. (Point B)
On 16th September 2022 itself Nifty 50 has Breakdown from its previous trend (point A).
Today its breakdown from 50 DEMA shown that market is moving downwards.
Looking into previous strong supports two levels can be recognized
1. Around 16800. (200 DEMA)
2. 16000. psychological level.
Apart from those two. Another bearish level is 14800 (But for that too much negativity must prevail in overall environment).
Both the levels of NIFTY 50 are good to accumulate for index fund , till then stay with cash.
CAD/JPY ON BULL HORNSCAD has been doing great recently. With this time in the world with more caution how the tend back economically, I see no struggle in CAD holding its its stands in the Bullish Trend. With only 2% risk, we go long hoping for the all time high journey retest for CADJPY.
As always #fingerscrossedtrader
Chances make ChampionsNAS100 long trades going lovely thus far, follow your rules and keep it simple.
Blue- 4H support zone with a break and retest
Yellow arrow- 4H candle direction @12:15PM
Entry on @12:15PM on the 2nd rejection of retracement on 1H
Daily, 4H, and 1H RSI Bullish direction
2 Bullish closures above the McGinley Dynamic 40
Trust the process, Love the progress, enjoy trading.
HIMADRI SPECIALTY - WEEKLY CHARTIts looking bullish, waiting for the HIMADRI SPECIALTY - WEEKLY CHART - to correct and then give us long opportunities.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. based on my technical analysis only.
GBPJPY 1hr chart UPDATE 7/23/22We have GBPJPY on the 1hr chart we have a break of structure (BOS) around the level of 164.752 making it a great for us to have the supply area around the level of 165.100 since that's from the red candlestick broke the structure. Meaning we clearly see a zone that hasn't been retested.
For the support I took in consideration the point where we see it gets rejected which would be around the level 163.00. We ended the week with an engulfing green candlestick that closed at the level of163.400.
I personally like setting my SL right under that lowest wick giving it enough space just in case it wants to pick up more orders from the lower level. On this trade I will be looking for a 2.5 risk/reward, I will be looking for around 1400 pips which is all the way until the supply area and for my SL I have it at 500 pips just around the lowest wick.
And just as another indicator we also have the MACD which is telling us the sellers are losing momentum confirming us that we have the buy opportunity.
7/16/22 EURUSD Daily chartWe can clearly see we have a big downtrend going on with EURUSD on daily and it's respecting the channel it has created making new lower low levels.
We have the supply area around the level of 1.03926 which from there we can see a big push towards the new lower level at 0.99545 and which we have been seeing a consolidation in the past week making it our support area.
The week ended with a good green candlestick engulfing the previous red one we had, making it a really good confirmation of a possible reversal towards the supply area.
We also have the indicator MACD which is confirming us that sellers are losing power giving it an extra boost for the pushback towards the supply area.