GICRE Weekly symmetrical triangle breakoutGICRE Weekly Symmetrical Triangle Breakout 🚀
Analysis:
GICRE has broken out of a symmetrical triangle pattern on the weekly chart, accompanied by a significant volume spike.
Breakout Level: ₹450
Current Price: ₹501 (+13.23%)
Volume: 53.43M (above the 8.01M average)
Key Levels:
Upside Targets: ₹550 | ₹600
Support Zone: ₹450
Trade Setup:
Look for sustained buying or a retest near ₹450 for potential entry.
📌 High probability trade with bullish confirmation. Maintain proper risk management!
Community ideas
NASDAQ-100 NEEDS MORE CLARITY TO MOVE INDEX FORWARD!Last week, the NASDAQ-100 established key levels for both sellers and buyers. As we head into the next trading week, price rejection at either of these levels will likely determine the index's direction. While the weekly outlook remains bullish, a bearish close this week could lead to further deterioration of the index.
N.B!
- NAS100USD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#nas100usd
#nasdaq
ES Paths Moving ForwardWe finally got some volatility last week and a big short squeeze. Was a pretty good week to trade, but I'm not expecting much this week.
It's a short week and I plan to take most of it off, but we'll see if anything happens worth noting. Here's some paths I'd expect for ES in the short term. So far ES failed after about a 61.8% retracement. Fairly big range from 5,800 to 6,100 and we're almost right in the middle so not the best place to be opening new positions IMO.
Might be interested in puts at 6,100 or calls if it reclaims. My best guess is that we'll hit 5,800 soon until the Santa rally starts after Christmas. That would fit with charts and seasonality but after that squeeze I'm not sure it goes back down anytime soon. Overall looking to let things shake out after FOMC and come back at it after the new year.
#MYRO/USDT#MYRO
The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.0582
Entry price 0.0669
First target 0.0779
Second target 0.0897
Third target 01020
GBP/USD Long/Short ScenariosThis are the scenarios I will be following in the incoming 2-4 of weeks.
GU has touched the 1.2500 support level for the second time in the last 30 days.
1.2500 it's an important level for the pair, as if it breaks down the next target level is the 8 months old 1.2300 level which is also the 100% retracement from the previous HL/HH.
Scenario 1 Lon g:
I will be looking to buy at successful break of 1.2800 and EMA100 + Candle patterns and a catalyst to confirm the move.
I will be targeting 1.3000 and 1.3300
Stop loss around 1.2750
Scenario 2 Short:
For the short scenario I will wait to see the price coming back and re-test the 1.2500 level before I look for an entry.
Take profit 1 will be at 1.2300, Take profit 2 (14 months old low) 1.2000
And Stop Loss just above 1.2500
I will also use the same targets and levels for Day Trading
I hope you find this information useful and feedback is welcome.
Merry Christmas and Happy New Year
SUIUSDT - SHORTS and LONGS!SUI USDT is ideally at such a great position one can imagine to trade this coin as per the doodles drawn. 4.1234 ideal buys for buyers and shorters targets till there, i would inititate buys only when it reaches the point marked in green box, and anywhere if the purple doodle happens, would short from there if it happens, thats a more evident thing to happen!
#AVAX/USDT#AVAX
The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 34.51
Entry price 37.44
First target 41.56
Second target 48.20
Third target 55.62
Doge, Bitcoin and the Monthly LMACD Let me start by explaning what you are seeing here, at the top is Bitcoin , bellow doge and the bottom is the LMACD on the monthly time frame for Bitcoin. As I have stated in multiple occasions bull markets typically last for about 26 bars or 793 days(green histograms of the LMACD). Once those 793 days ends you see the LMACD crossing bearish and starting the transition to the bear market. Using this pattern I came to the conclusion that this bull market should be running till Sep2025. Now if you look closely the 2017 cycle top arrived 4 bars(months) before the the end of the bull market, 2021 cycle top around 5 bars and maybe 2025 cycle top would be 6 bars before Sep. This might suggest topping in March2025 for BITCOIN and exactly 1 bar after this the DOGE top in April2025.
HOVR - another "flying taxi" company - 8.4m investment achievedew Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
Float: 15.813M
Short % of Float: 4.34%
Flying taxis have the potential to revolutionize urban mobility by reducing traffic congestion, cutting travel times, and providing sustainable, efficient transportation. The industry is rapidly growing, attracting major investments from big players, signaling a promising future for this innovative solution.
Sympathy Plays: ACHR, JOBY, and EH have already seen significant run-ups, making them prominent in the sector. HOVR, however, could represent a delayed opportunity within this group, potentially offering upside as the broader flying taxi industry gains momentum.
Recent News:
Dec 20, 2024
Horizon Aircraft Has Received An Investment Of $8.4M From A Strategic Investor And Aerospace Supporter - Deepens Investor's Dedication to Horizon Aircraft Supporting Continued Operations and Development ~
TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), a leading hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, announced today it has received an investment from a strategic investor (the "Investor") and aerospace supporter, for aggregate proceeds of $8.4 million (the "Investment"). The strategic financing will fortify Horizon Aircraft's balance sheet, provide stability in the operations, governance and regulatory priorities, and fund further development and flight testing of its hybrid eVTOL, the Cavorite X7.
Overall Market Sentiment:
It’s always crucial to consider overall market sentiment when making trading decisions.
Trading Strategy:
Entry:
At recent price around $0.80
Breakout Zone:
$1.10 - 1.30
Resistance Zones:
$2.00 - 2.30
$2.80
$3.20 - 3.30
Surpassing these levels could signal a positive trend. Consider taking profits at these levels to realize gains.
Risk/Money Management
Take Profit (TP): Set the final target at $5.00
Stop Loss (SL): Set at under $0.40 to mitigate potential losses.
Chart Analysis:
Please refer to the attached chart for detailed analysis of price trends and movements.
Trading Advisory:
Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.
XAUUSDGOLD is trading around 2,602. bouncing off the low of 2,582. Now the price is above 2,600 which means it could continue. Gold is trading around 2,602. Bouncing off the low of 2,582. Now the price is above 2,600 which means it could continue its rise in the next few hours and reach the 21 SMA around 2,645.
Technically, XAU/USD is below the key pivot point located at 2,656 which means that it could reach the 200 EMA located at 2,512 in the short term and even reach the psychological level of $2,500.
Our outlook is bearish, so we will look for opportunities to sell below 2,590.
Besides, in case it bounces back to 4/8 Murray, it will be seen as an opportunity to sell.
Technically, we can see that gold has reached oversold levels on the 4H chart.
The gap left at 2,562 remains to be covered. All this means that gold could make a strong fall and then make a sustained technical rebound.
Our trading plan for the next few hours is to sell gold if it falls below 2,590 or buy above 2,600 with targets at 2,645 and 2,656.
Daily CSL, HTF FVG, Model 2Daily CSL, HTF FVG, Model 2
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
SHIBUSDT.1DThis analysis explores the daily chart of Shiba Inu against Tether (USDT) on the Binance exchange, focusing on its recent price activity and potential future trends.
Price Action and Trend:
Shiba Inu has exhibited a sideways trading pattern over the last few months, marked by several peaks and troughs within a defined range. This consolidation reflects uncertainty in the market sentiment, indicating indecision among traders.
Key Technical Levels:
Resistance Levels (R1, R2):
R1: $0.00003364 - This level has served as a tough barrier for price advances in the recent past.
R2: $0.00004563 - A break above R1 could expose this higher resistance, which has historical significance from previous peaks.
Support Levels (S1, S2):
S1: $0.00001963 - This level has consistently provided support, preventing further declines during sell-offs.
S2: $0.00001035 - Should S1 fail, S2 is the next crucial level, which could act as a potential floor for price.
Technical Indicators:
MACD: The MACD line is below the signal line, indicating bearish momentum. However, the proximity of the lines suggests that the negative momentum is waning.
RSI: The RSI stands at around 40, which is closer to the oversold territory but still neutral, hinting that there might be some room for downward movement before the asset becomes technically oversold.
Volume and Market Sentiment:
The trading volume has not shown significant spikes, which corroborates the ongoing price consolidation without clear directional bias.
Conclusion and Forecast:
The current market structure of SHIB/USDT points towards continued consolidation within the identified levels until a significant catalyst or volume influx can provide a clearer direction. The proximity to support at S1 suggests a cautious approach; if this level holds, we might see attempts to test R1 again.
Trading Strategy:
Bullish Scenario: Should the price bounce off S1 with increasing volume, a long position aiming for R1, with a stop loss below S1, could be considered.
Bearish Scenario: A breakdown below S1, particularly on high volume, might open positions targeting S2, setting a stop loss just above S1 to mitigate risks.
Summary:
SHIB/USDT is currently in a phase of consolidation, with key support and resistance levels clearly defined. Traders should monitor these levels closely for potential breakouts or breakdowns, which will dictate the medium-term price direction. The technical indicators suggest a bearish bias, but the situation remains fluid, and shifts in broader market sentiment or fundamental developments specific to Shiba Inu could heavily influence future movements.
GBP/CAD LONGSI think GBP/CAD has a good potential for more upside. The weekly and daily bother look great and having pulled into the daily support I was ready to look for entry. I took an entry based on a 1h confirmation but I still think there will be a bit of a pullback going into next week before getting the bigger push to the target
#crypto #APECOIN - Breakout of downtrend and found support. Buy #Apecoin is looking very similar to #ponke. Given they are both #memecoins makes sense. They both got sold of hard. But now we have a breakout of the downtrend. Apecoin has now flipped resistance into support. It is forming an ugly sort of inverse head and shoulders with weak selling on the right should so now is the time to get long. Again the market is edgy so keep your stops tight.
Price 1.135
Target is 1.38 or possible 22% non leverage returned
Stop Loss 1.09
STO is 33 after touching 5 so surging up.
BTC Dominance ThoughtsBTC Dominance is moving in the pattern from last few days break this pattern can lead to fall. RSI support is broken below and on retest now. BTC.D is test 0.61 fib level and show weakness also we have seen outflow in BTC ETF but adoption of BTC is a big question here this bull run will be different than before will see.
Ethereum: A buying opportunity or a trap?Charturday #3: CRYPTOCAP:ETH 🪻
Weekly Analysis:
-H5 Indicator is GREEN
-Broke out of bull flag with successful retest
-Sitting on a volume shelf with a lot of room to run!
-Williams CB still forming lower/ better support, if we continue our bounce into this week we will have a better formed Williams CB
🔜🎯$4094🎯$5043
Bull Flag Breakout🎯$5772⏲️Before DEC2025
CupnHandle B/O🎯$6839⏲️Before 2028
Not financial advice.
BTC - TOP is NEARBTC is nearing its top. It still has a few more distribution to go but what better time for the final distribution than when Trump becomes president. After all he is "pro crypto" and time for BTC to go to 1million. Everything will be approved, USA will make BTC its reserve.. Blah, Blah, Blah.
This is not a financial advice, please do your DD.
Please support this idea.
LINKUSD "CHAINLINK" Crypto Market Heist Plan on Bearish Side🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the LINKUSD "CHAINLINK" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a Short trade at any point,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retreat.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 16.000
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Kava in the floorhello friends
This token, with its modification, is in a good position to buy.
You can buy a step because we are on good support.
If the resistance is broken, we expect the specified targets to move.
Note that you must consider a purchase step in case of further correction of the price.
Be successful and profitable.