Supply and Demand
BITCOIN TRADE ANALYSIS 70K TARGET!!Bitcoin Trade Analysis: October 21, 2024
Entry: $67,226 Target: $70,000 Stop Loss: $66,000
Analysis
1H Chart: The 1-hour chart shows a strong support level at $67,665, which has rejected price four times in the 15-minute timeframe1
This indicates a robust support level, making it a reliable target for your trade1
15M Chart: The 15-minute chart further confirms the strength of the $67,665 support level, with multiple rejections reinforcing its significance1
This level has acted as a solid barrier against downward price movements, making it an ideal target for your trade.
USNAS100 Bearish Pressure Below 20,330 with Bullish Reversal Futures under pressure as earnings loom; yields rise
USNAS100 Technical Analyse
The price looks stabilizing at the bearish zone while below 20330
However, it should reverse and stabilize above the channel to be a bullish trend to get 20540
As long as the price trades below 20,330, it is likely to reach 20,180, with sustained movement below this level potentially extending to 19,990.
Key Levels:
Pivot Point: 20290
Resistance Levels: 20480, 20540, 20710
Support Levels: 20180, 19990, 19860
Trend:
- Bullish above 20420
- Bearish below 20330
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Another aggressive day on the Gold with price giving the retracement traders wanted but not before the stretch! Yesterday we gave the circled regions and suggesting watching them for reactions in price. The first level 2650-55 held with a limited upside giving the move downside. We had also switched our bias today with the target levels 2750 and below that 2744.
We left the path on the chart as we were expecting this move from Sundays KOG report bar the stretch. So now we have support 2710 with the immediate resistance level being 2736 and above that 2730-35. If we can get the close that we want we will look to complete the path but that is depending on the 2730 level holding the price down.
For now, the bias targets are complete for the day, not many caught the whole move but we hope some took note of the reaction levels and KOG's bias of the day.
As always, trade safe.
KOG
Nifty Intraday Levels 24-OCT-2024, Sell Trend Continue Today Nifty also reversed near "Reaction Area", we can consider that area as resistance.
Nifty is now trading away from selling area and a pullback is possible from buyer side. Only "Resistance Area" is the most safest place to sell in nifty.
Wait for the price pullback and sell only when price is reversing from selling zone "Resistance Area" Near 24520.
If price is waiting near today closing price and making 3-4 candles in 5 min timeframe then breakdown. We can also sell after that but first wait for the buyers to come and defend the price.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
All Eyes On The Binance Coin, Join At Your Own Expense.BINANCE:BNBUSD
Looking at the 1Week timeframe, a more responsible timeframe to start a top down analysis on a cryptocurrency pair, the last long green candle evolves from the last created support leaving a fair value gap behind, thereby making that very support zone a valid one. Filling the gap to the demand zone is just the work of the sellers and can be seen as the pullback.
In other words, a lower timeframe is required to see clearly the structures produced by the buyers, ofwhich placing your entry on the last created structure and your stop loss slightly below the higher low minimizes your risk and maximizes the return. An instance on the 4Hr timeframe of BNBUSD, same timeframe where the liquidity is clearly visible as well, when the pullback breaks through the trend line(liquidity) into the demand zone, the uptrend just irresistibly continues until it makes a new higher high.
BankNifty 24-OCT-2024 Intraday Levels, Sell Trend in BankNifty BankNifty tried to go upside and respected that resistance level which we identified yesterday as per the price movement.
It reversed, and keep trading near bottom level.
BankNifty took pause today in daily time frame and can continue tomorrow and become trending.
We can sell when 5 min candle close below 51150 price.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
USDCAD Bearish ScenarioToday, we will analyze USDCAD
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
are the bears taking a pause on EUR/USD?my sentiment on EUR/USD is bullish. from the Daily timeframe a fall has been happening, but the indicators give an oversold signal. with numbers indicating the buyers schould start coming in at any point this week. on the daily we entered a nice demand zone, on the 4H timeframe we have a nice demand zone (green bar). and that wil be my entry.
what i am waiting to see now is a nice rejection on the 4Hdemand zone for an entry.
La Rosa Holding CompanyGood morning traders,
La Rosa company since it's entry into the market has dropped significantly. Seems after several months it will spike and pump for a day followed by another significant drop. It's had several pumps some more significant than the other, but right now it seems its seeking support at .82 & .62. I call this the loading zone (S2). Once this range is reached (if), I expect another temporary pump at least to $2.11 (give or take).
Be VERY cautious, this is a technical analysis and so far pumps are getting smaller. For all we know, this MAY BE the last pump. Great luck with your investments and don't forget to follow for other company predictions.
Happy Trading Everyone!
"$OM Rocketing Higher: Mainnet Launch to Fuel Uptrend, Dominatin$OM/ CRYPTOCAP:BTC chart shows a very strong uptrend heading into #Mainnet Launch.
NASDAQ:OM will trend higher once #BTV dominance cools off a bit.
The big mainnet launch will be key to this imo and uptrend will resume soon.
RWA will be one of the narrative in this bull run and NASDAQ:OM is the key player. I think NASDAQ:OM is very very strong in the RWA space more than LSE:ONDO imo.
Don’t sell your bags cheaply here.
#OMtober #Mainnet #RWA
Selling gold price is the best timeOvernight, gold prices reached a new high, resulting in substantial profits for long-position traders. Market participants who responded to the news and utilized effective strategies achieved significant gains.
Market Trend Analysis: Currently, gold prices have entered an overbought zone, facing considerable short-term pullback pressure. Additionally, geopolitical tensions have eased, providing more volatility opportunities for the market.
In this environment, short-selling is undoubtedly the more prudent choice. Over the past month, we have consistently delivered precise rapid trading strategies, with participants achieving at least four notable profit opportunities each day.
Current Market Conditions: The spot price of gold is $2757. The strategies are as follows:
Short-sell when the market reaches $2765-$2770;
Go long when the market falls to $2749-$2744.
Trading strategies and signals are time-sensitive, so please stay tuned for the latest updates to capitalize on optimal trading opportunities.
OANDA:XAUUSD OANDA:XAUUSD BITSTAMP:BTCUSD CAPITALCOM:GOLD
XAUUSD - Geopolitical tensionsDue to the recent geopolitical tensions, gold is still moving in its upward channel and has significant upward momentum
If gold rises and reaches the ceiling of the ascending channel and decreases the momentum of the current movement, it is easier to sell gold with a suitable risk reward from the range of 2770 to 2790.
In order to buy gold, you can buy in two specified demand zones