Jubilant Ingrevia (JUBLINGREA) – Short-Term Breakout Trade LTP: ₹726.30 | Recommended Entry: ₹722.00 – ₹723.00
Type: Short-Term Swing / Intraday MTF Trade
✅ Trade Setup:
Breakout above horizontal resistance near ₹725.75
9 EMA has crossed 26 EMA (bullish momentum)
RSI at 60.84 – strong trend, room for upside
BB %B: 0.96 – price pushing upper band = momentum buying
Good volume breakout on daily TF confirms buying interest
🟢 Buy Zone: ₹722 – ₹723
🔁 On retest or 15-min candle close above ₹725.75 with volume
🎯 Targets:
T1: ₹738
T2: ₹750 (supply zone / fib level)
T3: ₹765+ (if breakout sustains in 1H)
🛑 Stop Loss:
Conservative SL: ₹707 (below support + 9EMA)
Aggressive SL: ₹712 (tight SL for intraday)
For Education Purposes Only
Moving Averages
Solana (SOL) Rallies Above $162 Zone: Technical and FundamentalSolana (SOL) Rallies Above $162 Zone: A Technical and Fundamental Analysis of Its Path to $180 and Beyond
Solana (SOL), the high-performance blockchain network known for its lightning-fast transactions and scalable infrastructure, has once again captured the attention of cryptocurrency markets. After a fresh surge above the $162 psychological level, SOL price has entered a consolidation phase near $175, hinting at a potential breakout toward $180 and even $200. This article delves into the technical indicators, fundamental catalysts, and market sentiment driving Solana’s recent rally, while offering a balanced perspective on its short- and long-term prospects.
Technical Analysis: Rising Channel and Key Resistance Levels
1. Recent Price Action and Consolidation Phase
Solana’s price trajectory in recent weeks has been marked by volatility, but the broader trend remains bullish. On , SOL initiated a fresh upward move above the $155 and $162 zones, fueled by renewed investor confidence and macroeconomic tailwinds. The rally, however, faced resistance near $165, causing a temporary pullback.
SOL is trading near $175, consolidating gains after a 22% intraday surge. This consolidation phase aligns with the formation of a short-term rising channel on the hourly chart (data sourced from Kraken), with immediate support at $172. The channel’s upper boundary currently resides near $176, a critical resistance zone that, if breached, could trigger a fresh rally toward $180 and beyond.
2. Key Technical Indicators
• 100-Hourly Simple Moving Average (SMA): SOL price is currently trading below the 100-hour SMA, suggesting short-term bearish sentiment. However, a close above this level could signal a resumption of the uptrend.
• Relative Strength Index (RSI): The RSI on the hourly chart hovers near 50, indicating neutral momentum. A move above 60 would confirm bullish dominance.
• Volume Profile: Recent price spikes have been accompanied by elevated trading volumes, reinforcing the strength of the rally.
3. Bullish Scenario: Breaking $176 and Targeting $180
If Solana successfully clears the $176 resistance, the next immediate target would be the $180 psychological level, which coincides with the 200-day moving average. Analysts note that a sustained close above $180 could open the door to $200, driven by momentum traders and institutional inflows.
4. Bearish Scenario: Support at $172 and $165
Conversely, a breakdown below $172 would invalidate the rising channel pattern, exposing the $165 support zone. Further weakness could retest the $155 level, though this outcome appears less likely given the current bullish momentum.
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Fundamental Drivers: 1inch Integration and Memecoin Frenzy
1. 1inch Network Integration: A Catalyst for Growth
One of the key fundamental catalysts behind Solana’s rally is its integration with 1inch Network, a decentralized exchange (DEX) aggregator and liquidity protocol. This partnership enhances Solana’s ecosystem by:
• Improving Liquidity: 1inch’s aggregation algorithms optimize trade execution on Solana-based DEXs, attracting traders and liquidity providers.
• Expanding Use Cases: The integration enables seamless cross-chain swaps, positioning Solana as a hub for multi-chain DeFi activity.
• Boosting Developer Activity: Increased infrastructure support could accelerate the launch of new decentralized applications (dApps) on Solana.
2. Memecoin Surge: The Role of Speculative Capital
Solana has emerged as a preferred platform for memecoin launches, driven by its low transaction fees and high throughput. Projects like SEED_DONKEYDAN_MARKET_CAP:BONK and NASDAQ:WEN have gained viral traction, drawing retail investors and creating a “fear of missing out” (FOMO). This speculative frenzy mirrors Ethereum’s memecoin boom in 2021–2022, with Solana’s faster and cheaper network offering a competitive edge.
3. Institutional and Retail Adoption
• Institutional Interest: Grayscale and other asset managers have added Solana to their crypto investment products, signaling growing institutional confidence.
• Retail Participation: On-chain data reveals a surge in small-cap wallet creations, indicating grassroots retail adoption.
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Market Sentiment and Analyst Predictions
1. Bullish Outlook from Analysts
Technical analysts and on-chain experts have highlighted several factors supporting Solana’s bullish case:
• Accumulation by Whales: On-chain analytics firm Santiment reported a spike in large whale transactions, suggesting institutional accumulation.
• Network Activity Metrics: Solana’s daily active addresses and transaction volume have surged to 3-month highs, reflecting heightened network usage.
• Rare Chart Pattern: A “cup-and-handle” pattern on the daily chart implies potential for a 30–40% rally if resistance at $180 is cleared.
2. Skepticism and Risks
Critics argue that Solana’s rally is overextended, citing:
• Overbought RSI on Weekly Charts: The RSI currently resides near 75, signaling overbought conditions that could precede a correction.
• Competitive Pressure: Ethereum’s Layer 2 solutions (e.g., Arbitrum, Optimism) and rivals like Sui and Aptos continue to challenge Solana’s market share.
• Regulatory Risks: The SEC’s ongoing crackdown on crypto exchanges and tokens could dampen investor sentiment across the sector.
________________________________________
Future Projections: Path to $200 and Beyond
1. Short-Term Target: $180–$200
If Solana sustains its rally above $176, the next resistance zones to monitor are:
• $180: Psychological barrier and 200-day SMA.
• $190: Fibonacci extension level from the recent rally.
• $200: Historical resistance-turned-support from late 2023.
2. Long-Term Potential: $300+ in Q4 2024
Bullish scenarios envision SOL reaching $250–$300 by year-end, driven by:
• Spot SOL ETF Approvals: Regulatory greenlights in the U.S. could unlock billions in institutional inflows.
• AI and Web3 Integration: Solana’s partnership with AI projects (e.g., ChatGPT integration on Solana-based apps) could drive mainstream adoption.
• Bitcoin’s Bull Run: A broader crypto market rally, spurred by Bitcoin’s potential breakout above $80,000, would likely lift Solana’s price.
________________________________________
Risks and Challenges
1. Market-Wide Volatility
Cryptocurrencies remain highly correlated with macroeconomic factors, including U.S. interest rates and equity market performance. A sudden Federal Reserve pivot toward hawkish policy or a stock market crash could trigger a sector-wide sell-off.
2. Network Downtime and Security Risks
Solana has experienced periodic network outages and congestion during high demand. While the team has addressed these issues through upgrades, any future disruptions could erode trust.
3. Regulatory Uncertainty
The SEC’s classification of SOL as a security (vs. commodity) remains unresolved. Adverse regulatory rulings could impose restrictions on trading and staking.
________________________________________
Conclusion: Is Solana a Buy Ahead of the Next Leg Up?
Solana’s recent rally above $162 and consolidation near $175 underscores its resilience and growing appeal among traders and developers. Technical indicators, coupled with fundamental catalysts like 1inch integration and memecoin adoption, paint a bullish picture for SOL’s trajectory toward $180 and $200. However, investors must remain cautious of overbought conditions, competitive pressures, and regulatory risks.
For those considering exposure, a dollar-cost averaging (DCA) strategy could mitigate volatility risks, while close monitoring of on-chain metrics and macroeconomic trends will be critical. As with all investments in crypto, thorough research and risk management are paramount.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and speculative. Always consult a qualified professional before making investment decisions.
Continuation of bullish trendSeems that the trade deal between China and USA is behaving well with the general market, in my opinion the market will continue up for a while, however we need to be aware that at some point will need to breath and at least pull back to one of the EMAs, plus since it is now touching the top of the BB it will most likely pull-back at some point in the future, that doesn't mean it will reverse, but instead, give us another opportunity to enter the markets again, in line with the general market and at a good position to capitalize from the market movement.
$IWM, small caps, not YET giving the "all clear"AMEX:IWM is the lone index still not in the clear 🚩 — backtesting its 200dma today and tagging the weekly mid-BB , just like in '22. Will it matter by week's end? If not, the bull is likely back across the board 🐂
This week's #CPI (Consumer Price Index) and #PPI (Producer Price Index) prints could significantly influence market direction across major indices — AMEX:SPY , NASDAQ:QQQ and AMEX:IWM — especially with rate cut expectations in flux. 🧵Here's how:
1. Hot CPI or PPI (above expectations):
AMEX:SPY : Likely to pull back as sticky inflation pressures broader S&P names, especially rate-sensitive sectors like real estate and utilities.
NASDAQ:QQQ : Could see sharper downside—tech stocks (many of which are high duration assets) are highly sensitive to interest rate expectations.
AMEX:IWM : Likely the hardest hit. Small caps suffer from tighter financial conditions and depend more on domestic borrowing costs.
🟥 Result: Bearish across the board, with small caps underperforming.
2. Cool CPI or PPI (below expectations):
AMEX:SPY : Broad lift, particularly in consumer discretionary and financials.
NASDAQ:QQQ : Strong rally—mega cap tech loves the prospect of lower yields.
AMEX:IWM : Outperforms if cooling inflation suggests easing ahead, since it's more leveraged to rate cycles and domestic growth.
🟩 Result: Bullish, with small caps possibly leading a relief rally.
3. In-line CPI/PPI :
Markets may stay choppy or consolidate, with AMEX:SPY and NASDAQ:QQQ more stable.
AMEX:IWM remains at risk of drifting lower unless there’s a strong dovish narrative from the Fed or other macro catalysts.
With small caps already lagging, this week’s inflation data could either validate its bearish divergence or spark a rotation rally if inflation
AMEX:SPY NASDAQ:QQQ TVC:VIX $ES_F $NQ_F $RTY_F TVC:TNX NASDAQ:TLT TVC:DXY #Tariffs #Stocks
$NAS100 / $QQQ – The 200 SMA Breakout... or Bull Trap?📈 Nasdaq just charged through the 200-day moving average like it wasn’t even there. But if you zoom out, this level has acted as a brick wall before — and we may be walking straight into a trap.
🔍 Key Observations:
The last failed breakout above this zone led to a major rejection.
We're back at horizontal resistance from prior tops.
Price action resembles a Rope-a-dope move — run up, suck in longs, then rug pull.
⚠️ No real breakout without confirmation + volume. Don’t let the short-term green candles distract you from the macro ceiling above.
Bitcoin Dominance is testing the monthly 100 EMA — and stalling.Bitcoin Dominance is testing the monthly 100 EMA — and stalling.
Price action shows clear hesitation at a key macro level.
If this holds, alts could catch a bid for the first time in months.
Break it? Altcoins stay sidelined.
Critical moment for market rotation.
$TSLA – Base Breakout Setup with Dual Entry StrategyTesla ( NASDAQ:TSLA ) is coiling up, forming a classic base breakout setup with a dual approach for traders who want precision:
🔹 Support Zone Entry (280-285)
Shaded area = the zone between the 9 EMA (blue) and 20 EMA (yellow) — a key dynamic support area.
I'm taking a starter position here with a stop just below yesterday's low for tight risk control.
🔹 Breakout Confirmation (Above 295)
Full size only if we see a clean breakout above $295, confirming momentum.
This is where I’ll add size, looking for a strong continuation.
🔹 Execution Plan
Starter position: Shares and options at support zone ($280-$285).
Full position: Add at breakout ($295) with a mix of shares and options.
Risk: Tight stop below yesterday's low for the starter position.
⚠️ Risk Management: Always respect your stops — discipline over hope.
[XAUUSD] Daily Analaysis 12 - 13 May 2025Continuing my mapping in the previous post, H4 GOLD turned out to be stronger and brought GOLD down to support 3195 - 3238. Of course, today's large decline will be followed by a fairly high correction as well. Anticipate GOLD which will correct to the previous low at 3282.
With the confirmed downtrend pattern, the SELL Area 3262 - 3290 is worthy of our SELL position again.
EURCHF Sell - May 12, 2025Risk : Full 1%
🧠 Reasoning:
Price reacted from Daily EMA, with a strong wick rejection and bearish engulfing.
Entry at 15m imbalance left behind inside a 15m POI.
🎯 TP:
First TP at Asia lows, 1:3 RR → take off 75%
Final TP at second Asia low or gap, close to 6RR
📉 Bias: Bearish | Risk Management: Partial close at 3RR
MSTR (Strategy) coming up to $395, the smaller resistance levelNASDAQ:MSTR has rebounded from the bottom fairly fast compared to other stocks and indexes. It's even performed better than Bitcoin itself. However it should be hitting heavy resistance now near 395-400 and above is only heavier resistance. It's time for a pullback and a breather for MSTR. Target is the Point of Control near $350, before going higher. However we could turn bullish again before reaching $350
I personally know someone who played with fire by buying MSTR options calls while it was dropping before, meaning he was trying to catch a falling knife and got burnt finally. He lost nearly $500,000 because of it. So I don't mess with options personally, however I will margin trade with stocks and trade futures, forex and leverage trade cryptocurrencies.
$TOTAL Crypto Market Cap Massive Weekly Close Above 20WMA Massive Weekly Close for the CRYPTOCAP:TOTAL Crypto Market Cap above the .618 Fib and previous cycle's ATH.
RSI still has room to push higher to retest this cycle's ATH.
Price also closed above the 20WMA, which was the signal for the +70% Nov '24 Trump Pump 🚀
UpOnly Season for every coin only happens when the TOTAL Market Cap goes HIGHER.
Otherwise we are stuck in a rotational cycle, where money from one narrative pumps then moves onto the next
ie RWA, DePin, AI, Memes etc
PLTR – Flat Top Breakout + Earnings Gap ReversalNASDAQ:PLTR – Flat Top Breakout with Earnings Gap Reversal
Palantir ( NASDAQ:PLTR ) is setting up for a potential explosive move, combining two of my favorite setups:
🔹 Flat Top Breakout (ATH Setup)
Price is pressing against the $126 resistance, a clear flat top breakout level.
A clean move above this triggers a breakout to new all-time highs (ATH).
🔹 Earnings Gap Down Reversal (Bullish Signal)
Recently, PLTR gapped down on earnings — but bulls stepped in fast, pushing it back up.
This is a classic gap down reversal setup, a strong signal of bullish momentum.
We saw the same setup play out on NYSE:SPOT , which reversed after earnings and broke out to ATH.
🔹 My Trading Plan:
1️⃣ Anticipatory Entry: Looking to buy dips into the shaded cloud zone (dynamic support).
2️⃣ Breakout Confirmation: Add size on a clean breakout above $126.
3️⃣ Stop Loss: Tight stop below the cloud zone to protect capital.
🔹 Why I Love This Setup:
Gap reversals signal aggressive buying even after bad news — a sign of a strong market.
Flat top breakouts tend to have explosive follow-through, especially with earnings momentum.
OKLO – Base Breakout Setup with a Twist: The Inside Candle CombOKLO is shaping up for a powerful move, and this setup has my attention for a dual-play approach:
🔹 Base Breakout Setup (Primary Entry)
Already in from the initial base breakout around $25, which I shared last week.
Momentum kicked in with that strong May 6th thrust.
🔹 Three Inside Candles (Power Setup)
Since that momentum spike, we've seen 3 consecutive inside candles — a textbook signal of price compression.
Price is hugging the 9 EMA (support zone), a bullish indicator of strength.
🔹 My Trading Plan:
1️⃣ Starter Position: Already in from $25.
2️⃣ Add Position: On a clean breakout above the high of the inside candle range.
3️⃣ Stop Loss: Tight stop below the 9 EMA — keeps risk tight while capturing the breakout.
🔹 Why This Setup is Special:
Inside candles indicate a tug-of-war between buyers and sellers, but with price holding strong above 9 EMA, the bulls have the edge.
Breakout + inside candle combo = explosive potential.
⚠️ Risk Management: Discipline over FOMO — tight stop, but aggressive on breakout.
$BTC Post Death Cross PA Has NOT Confirmed 200DMA - Must Read!Throughout Bitcoin's history it has had 11 Death Crosses (50DMA crossing under 200DMA), and 10 of those times price has retested the 200DMA within ~3 months (with 1 outlier).
Do you know what time it did NOT retest the 200DMA? You might have guessed it… this most recent death cross ☠️
The only outlier that price did not retest the 200DMA within ~3 months was in 2015, where it took nearly a year to retest.
In that time, CRYPTOCAP:BTC ripped 200% just 75 days later, which marked the start of the PARABOLA.
This is why I have been so adamant with sticking to my base case for Bitcoin’s next move.
Is this time different? 🥸
Will it take nearly a year to retest the 200DMA?
An interesting observation I found was that if we take 90D from the most recent death cross, it brings us out to July 6th, which is right around when the 90-day pause of tariffs is lifted 🧐
Having said all that, if PA confidently breaks above and confirms previous ATH (~$110k), I will lean towards the 2015 outlier for the 200DMA retest, which would put us into late Q1 2026.
That would line up nicely with a suspected top of the cycle 🥲
AUDUSD Buy Trade IdeaOverview:
AUDUSD has broken above a key weekly resistance level and is now holding above it, turning the level into support. This suggests a potential shift in higher timeframe structure.
Daily Chart:
The daily chart shows a clear breakout above the weekly resistance zone, followed by a healthy retracement back to retest the new support. Price action is respecting this level so far, reinforcing bullish bias.
4H Chart:
Despite the higher timeframe bullish structure, the 4H chart remains in a short-term downtrend. However, selling momentum is showing signs of exhaustion—with smaller candles, wicks to the downside, and slowing RSI/MACD signals.
I will wait for a trendline break or a higher low formation to confirm the end of this pullback before entering a buy.
Plan:
✅ Bias: Bullish
🔍 Entry: After confirmation of 4H downtrend break
🎯 Targets: Next resistance zones on daily
📉 Invalidation: If price closes back below weekly support
Nifty 50 Daily Chart Analysis – May 10, 2025Nifty showed strong resilience in the face of initial geopolitical tensions, with bulls managing to push the index higher despite macro uncertainties. This signaled underlying strength and suggested that the market wasn’t ready to roll over just yet.
However, looking at the current structure, the recent price action hints that bullish momentum might be losing steam. The index faced selling pressure after attempting new highs, and the price has started to retrace.
🚩 Key Level to Watch: March High
The March high now becomes a critical decision point. As long as Nifty sustains above this level, the broader bullish structure technically remains intact. But—and this is key—a decisive close below the March high followed by sustained price action beneath it could trigger a deeper correction.
📉 If that breakdown happens, we could see:
A gap fill play unfold
A possible move toward the demand zone near 23,000
And if sentiment worsens, a retest of the “election candle” low near 21,200 could be on the table
🎯 Conclusion: Bulls are clearly getting tired. Momentum is fading. March high = make-or-break level. Below that, the path of least resistance might shift downward, and the market could slip into a corrective phase—possibly until election-related clarity emerges.
RSI 101: The Secret of RSI’s WMA45 Line and How to Use ItIn my trading method, I use the WMA45 line together with RSI to help spot the trend more clearly.
Today, I’ll share with you how it works and how to apply it — whether you're doing scalping or swing trading.
Why WMA45?
WMA (Weighted Moving Average) is a type of moving average where recent prices are given more importance.
WMA45 simply means it takes the average of the last 45 candles (could be 45 minutes, 45 hours, or 45 days depending on your chart).
Because it moves slower than RSI, it helps reduce the “noise” and gives you a better idea of the real trend.
This idea is not new — many traders have tested RSI strategies also use this line. I just applied and adjusted it in my own way.
👉 How to set it up on TradingView (very simple):
What WMA45 Tells You
Trending
This line shows you the overall direction of the market:
📉 If WMA45 is going down, the price is likely going down.
📈 If WMA45 is going up, the price is likely going up.
Also, the steeper the line, the stronger the trend is:
Looking at the example above, the WMA45 line starts from the same level in two different phases, but the slope is different. The steeper line shows a larger price range.
This happens because the price was more volatile, which caused the RSI to move more sharply, and that, in turn, made the WMA45 slope steeper.
In multi-timeframe analysis, when the trend on the higher timeframe is strong (shown by a steep WMA45 line), the RSI on the lower timeframe will usually move within a tighter range and react more accurately to key levels.
If you’re not sure what these key RSI levels are, check out my previous post here:
For example, in a strong downtrend on H1, RSI on M5 might not even reach 50:
✅ What does this mean for trading?
Use WMA45 on higher timeframes to define trend bias.
On lower timeframes, watch RSI responses at key zones for optimal entries.
When holding positions, WMA45 helps determine whether to stay in the trade.
Moving Sideways
Here’s something important to note: when WMA45 is flat, RSI will keep crossing back and forth over it.
Depending on where WMA45 is flat, RSI tends to move within that range and creates different sideways price patterns. Here are the main types:
Around 50 → price moves in a box: According to RSI theory, the 50 level is the balance between buyers and sellers. RSI fluctuating around this causes price to move sideways in a rectangular box range.
Above 50 → price goes up in a rising channel: Above 50 is where buyers dominate sellers. RSI operating in this zone will continually create bullish candles pushing the price upward.
Below 50 → price goes down in a falling channel: Below 50 is where sellers dominate buyers. RSI in this zone will consistently form lower highs and lower lows, pushing the price downward.
Trend Reversal of WMA45
WMA45 is calculated from the average of 45 candles, so it's almost impossible for it to reverse direction suddenly. When it's sloping (trending), it takes time for RSI to fluctuate enough to "flatten" it before it can reverse.
As shown in the example, after WMA45 slopes up, before it turns downward, RSI must cross back and forth through it to reduce the steepness => flatten it => then reverse.
Does this align with Dow Theory? It represents the phases: Trend > Sideway > Trend. Sideway is when the WMA45 line is flattened.
✅ What does this mean for trading?
After a trend forms, if you want to enter a counter-trend trade, patiently wait for WMA45 to flatten to confirm the previous trend has ended.
Dynamic Support and Resistance
In addition to being a trend indicator for RSI, WMA45 also serves as a dynamic support/resistance level for RSI.
You will often observe RSI reacting when it encounters the WMA45 line.
In an uptrend, WMA45 acts as support for RSI.
In a downtrend, WMA45 acts as resistance for RSI.
Notably, if the reactions occur at higher RSI values, the resulting price support is stronger. Conversely, if reactions happen at lower RSI values, the price is pushed down further.
In the above example, in the first reaction around RSI 60s, RSI dropped by 9.6 points and price dropped by 12 points. In the second reaction at RSI 40s, RSI dropped similarly, but the price dropped by 25 points.
✅ What does this mean for trading?
You can use WMA45 as an entry zone for your trade: Wait for reactions with WMA45 on the higher timeframe, then switch to a lower timeframe to find a trade entry.
Use WMA45 as a take-profit or stop-loss level: For a short trade near WMA45, you can stop out if RSI crosses above it.
When monitoring these reactions, pay attention to the number of reactions—more reactions require more caution in trading.
Some Trade Setups Using WMA45 and RSI
1. Intraday trading
Trend: Follow the trend on the H1 chart.
Entry zone: At WMA45 of H1.
Entry confirmation: 2 methods:
On M5: when WMA45 of RSI is already flattened, and RSI has crossed above WMA45.
On M5: when a divergence appears in RSI.
2. Scalping
With the RSI’s reaction to WMA45, even on smaller timeframes (M1, M5), you can scalp when RSI touches WMA45.
When WMA45 has a slope and RSI returns to touch it, you can enter a trade with SL behind the candle close (10–20 pips to avoid stop hunts and spread), and TP to the nearest peak.
As mentioned, the first touch gives the best reaction.
My trading system is entirely based on RSI, feel free to follow me for technical analysis and discussions using RSI.
ONDOUSDT – Short-Term Technical OutlookONDOUSDT – Short-Term Technical Outlook
ONDO is currently bouncing from its key support level, indicating a possible short-term upside move of 3.67%, targeting the $0.8854 resistance.
If the price breaks above this resistance with strength, the bullish outlook could extend further, and the analysis will be updated accordingly.
The nearest support zone lies at $0.8213, which is approximately 3.84% below the current price and could act as a secondary entry level in case of a pullback.
🟢 Support: $0.8213
🔴 Resistance: $0.8854