Gold Price Prediction at the Announcement of CPI Data ReleaseSo I predict that there will be a bounce towards the price of 1880, after that whether immediately or slowing down, Gold will decline again. The profit target is at the price of 1776.
Note: Remember, this is not financial advice. Always follow your own analysis. Thank you and good luck.
Shortterm
SOL - USDT 4HChart, ShorttermHello everyone, let's look at the SOL to USDT chart on a 4-hour time frame. As you can see, the price has returned above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is the zone from $22.07 to $21.65, if the support is broken then the next support is $21.32 and below we have the second zone from $20.98 to $20.98 $20.50.
Now let's go from the resistance line, as you can see the first resistance is $22.76, then we have the resistance zone from $23.09 to $23.55, the next resistance at $24.10, then the price will move towards strong resistance at $25.73 $
Looking at the CHOP indicator, we see that the energy has been used, the MACD indicates a local uptrend, while the RSI is moving in the upper part of the range.
DOT / USDT 1H CHART - Resistance and SupportHello everyone, let's look at the DOT to USDT chart on a 1-hour timeframe. As you can see, the price is moving above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $6.03, if the support is broken then the next support is $5.96, $5.90 and $5.84.
Now let's go from the resistance line, as you can see the first significant resistance has been broken, the second resistance is $6.36, if you manage to break it, the next resistance will be $6.65.
Looking at the CHOP indicator, we see that the collected energy is used for the current increase, the MACD indicates a local uptrend, while the RSI has approached the upper limit of the range, which may give a temporary rebound.
SOL - USDT 4HChart, resistance and supportHello everyone, let's look at the SOl to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the price is currently based on the support at $20.30, if the support is broken we can see a rapid drop to around $16.29.
Now let's go from the resistance line, as you can see the first resistance is $21.38 if you manage to break it the next resistance will be $22.46, 23.26 then a strong resistance zone from $24.10 to $25.28 .
Looking at the CHOP indicator, we see that the energy is exhausted, the MACD is on the verge of returning to an uptrend, while the RSI is moving in the lower range and there is room for growth.
BNB / USDT 1H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the BNB to USDT chart on a 1-hour timeframe. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $326.4, if the support is broken then the next support is $324.2, $322.2 and $319.2.
Now let's move to the resistance line, as you can see the first resistance is $330.2, if you manage to break it, the next resistance will be $332.7, $335.9 and $340.1.
Looking at the CHOP indicator, we see that we have a lot of energy for the next move, the MACD is on the verge of entering a downtrend, while the RSI has a rebound.
ETH Swing long trading setupHello guys
lets take a look at ETH/USDT Chart in Daily timeframe.
the price is struggling with 1260 level.
according to the temporary Bullish sentiment in market
i think price will surge to 1400 level.
where we have a strong Trendline and 61.8% Retracement Level of last price LEG
also a divergence seen between RSI and price recently that can improve this run.
at all i think price will reach a critical point drawn in my chart.
Dont Forget to set a suitable SL and manage your risk.
thank you for your attention
please share me your opinion in comments so i will be happy :)
GOOD LUCK
Daily review of BTC interval 1HHello everyone, let's look at the BTC to USDT chart on a 1-hour time frame. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $22772, if the support is broken then the next support is $22535 and $22335.
Now let's move to the resistance line, as you can see the first resistance is $23042, if you manage to break it the next resistance will be $23298, $23498 and $23708.
Looking at the CHOP indicator, we see that there is more and more energy for the next move, MACD indicates a local uptrend, RSI moves in an uptrend.
We can also see that the EMA Cross 10 is approaching a cross from the bottom of the EMA Cross 30, which would confirm the entry into a local uptrend.
Daily review of BTC interval 1HHello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving in the local uptrend channel.
Let's start with the support line and as you can see the first support in the near future is $23542, if the support is broken then the next support is $23364, $23124 and $22810.
Now let's go to the resistance line, as you can see the first resistance is $23635, if you manage to break it, the next resistance will be $23893, $24099 and $24315.
Looking at the CHOP indicator, we see that there is a lot of energy that is being used for the current increase, the MACD is on the verge of entering a local uptrend, while the RSI indicates a rebound and room for further increases.
State Bank Of India (SBI)I think this Red Dip Is a biggest opportunity to buy this fundamental stock and we are very known about the #SBI Bank so as a long term view and short term also can take this for both point of view.
DISCLAIMER - IT'S MY STUDY PONTS NOT ANY RECOMMENDATION. THIS IS ONLY FOR STUDY PURPOSE.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1604, if the support is broken then the next support is $1578, $1560 and $1540.
Now let's move to the resistance line, as you can see the first resistance is $1627, if you manage to break it, the next resistance will be $1648, $1674 and $1751.
Looking at the CHOP indicator, we see that we have a lot of energy for the next move, the MACD indicates a local uptrend, while the RSI indicates an uptrend and the upper part of the range.
DAAWAT STRONG MONTHLY BREAKOUTThere is clear breakout in monthly time frame with volume. After that the stock has gone through a good consolidation for three months. Now it's time for another rally if the company posts good results this quarter. One can buy Daawat@CMP with short term targets of 133(19.50%) and 150(36.3%) and a long term target of 194.50(74%). Please let me know in the comment section about your thoughts and do follow and support this feed for more ideas. As a disclaimer before taking any positions consult your financial advisor.
PVR BREAKOUTPVR breakout good potential upside due to upcoming good movies like pathan etc and good collection in upcoming quater
TSLA Relief Rally *Be Careful-(Short Term Bullish)***Warning Monday Jan 2nd (Market is Closed) - Q4 EV Deliveries - good report then TSLA will complete H&S pattern and continue Bullish Island Gap Reversal
Positive:
`TSLA is Very Oversold, we could see a continuation of this bounce up too 150-180 if production release is great on Monday.
-Bullish Chart patterns show inverse H&S pattern created by Island Gap Reversal.
LARGE Buying Volume strong-sign of institutional investment - this could be accumulation phase
Beginning of January tends to be positive for the stock market
NDX & SPX showing signs of upcoming relief rally (*before we make final leg down)
HYG & JNK Bonds are showing bullish divergence
Negative:
Monday possible less deliveries than expected -if is lack luster I can see TSLA dropping 7-12% to retest the low
China Covid Cases/ Shanghai Factory Slow production
Tesla is still in a Strong Bear Market pattern
Elon and Twitter Drama
Earnings report on the 23rd - with factory issues, supply issues - it does not look promising
Macro H&S Pattern puts the measured decline to $90-$80 range
Sentiment:
Short Term -Swing /Day Trading -I am only Bullish for the Short Term* (1-2 weeks) .
Long Term Investing: I am Bullish for Long Term (5 yrs) ....over-all I would choose the $109 area as 1st pt accumulation / $80 area second point / $60 area 3rd pt (TSLA will Grow 25% Sales YoY for next 5yrs) PEG ratio looking good
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near term is $22972, if the support is broken the next strong support is at $22439.
Now let's move to the resistance line, as you can see the first resistance is $23211, if you manage to break it the next resistance will be $23430, $23605 and $23780.
Looking at the CHOP indicator, we see that most of the energy has been used up, the MACD is close to entering a local uptrend, while the RSI indicator is moving at the upper end of the range, which may indicate a small correction.