Ethereum does not appear to intend to correctThis analysis is an update of the analysis you see in the "Related publications" section
It seems Ethereum aims to reach the $5000-$5300 range without any significant correction.
Momentum-driven large green candles, higher lows, and the absence of a drop after sweeping liquidity pools above the chart indicate that Ethereum is bullish.
If it retraces to the green zone, we will consider buying.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Supply and Demand
Nifty Intraday Support & Resistance Levels for 11.12.2024On Tuesday, Nifty opened on a slightly positive note, bulls took over during the first hour, reaching a high of 24677.80. However, it couldn’t sustain the momentum and dropped to a day low of 24510.65. A late-session recovery saw it close at 24610.05, losing just 9 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) stays positive, indicating resilience in the short term.
Demand/Support Zones
Near Demand/Support Zone (15m): 24295.55 - 24376.65
Far Demand/Support Zone (30m): 24140 - 24187.05
Far Demand/Support Zone (75m): 23447.15 - 23578.60
Supply/Resistance Zones
Near Supply/Resistance Zone (15m): 24772.60 - 24857.75
Near Supply/Resistance Zone (Weekly): 24567.65 - 25234.05 (Current price inside the zone)
Far Supply/Resistance Zone (Daily): 25739.20 - 25907.60
Far Supply/Resistance Zone (Daily): 26151.40 - 26277.35
GOLD / Bullish Outlook Toward 2706 Ahead of CPI DataGold Technical Analysis
The trend is upward today, targeting 2706. The price is expected to consolidate between 2678 and 2706 until the release of the CPI results tomorrow.
Bullish Scenario: As long as the price trades above 2678, it is likely to test 2706.
Bearish Scenario: If the price stabilizes below 2678, it could turn bearish, targeting 2665.
Key Levels:
Pivot Point: 2678
Resistance Levels: 2706, 2720, 2739
Support Levels: 2665, 2653, 2623
CL DAY TRADE 12/10/24If you enjoyed this, please give a like so I know to keep them coming. I’m interested in posting also about NG, CL, BTC and certain Stocks/ETFs as well.
I’m looking to be a well-known day trader/swing trader/investor in multiple assets. This is a true passion of mind and you’ll see the precision in my plays as I’ve already had multiple years of research and backtesting.
12/09/24 NQ DAY TRADEIf you enjoyed this, please give a like so I know to keep them coming. I’m interested in posting also about NG, CL, BTC and certain Stocks/ETFs as well.
I’m looking to be a well-known day trader/swing trader/investor in multiple assets. This is a true passion of mind and you’ll see the precision in my plays as I’ve already had multiple years of research and backtesting.
MNQ AnalysisFollowing a selloff breaking below demand, high volume supply is still overhead to be mitigated. Sellers could step in within this current base supply, or price could slowly rally to the extreme supply overhead. We will wait for volume at these areas to trade alongside sellers. Or, we trade with a rally targeting extreme supply. Any trade will be taken on lower time frames and posted in detail on my X account.
Key Opportunities in Nasdaq Futures! Daily Strategic AnalysisDiscover the most critical zones for trading Nasdaq futures this December 10, 2024. In this detailed analysis, we cover:
✅ The bullish trend on the daily chart and key correction zones.
✅ Potential setups for long and short entries based on intraday moves.
✅ Strategies to capitalize on moves of up to 200 points.
Don’t miss out on today’s market opportunities. Subscribe to the channel for more exclusive trading insights and strategies!
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USNAS100: Consolidation with Key Breakout levelTechnical Analysis
The price is currently consolidating between 21535 and 21420, awaiting a breakout.
Bullish Scenario: Stability above 21535, confirmed by a 1-hour or 4-hour candle close, could push the price higher toward the all-time high (ATH) at 21675.
Bearish Scenario: As long as the price trades below 21535, it may retest 21420. A break below 21420 will confirm a bearish trend, with the next target at 21220.
Key Levels:
Pivot Point: 21535
Resistance Levels: 21675, 21820, 22020
Support Levels: 21420, 21220, 21150
$NEIRO - Anticipating the Final Dip Before New HighsI believe BINANCE:NEIROUSDT will try to hold this level. I’m placing some bids below the trendline.
If by the end of the week it's not above the trendline or if there’s clear weakness below it, I’ll cut the position.
It seems like Bitcoin is looking to retrace, but I’m still seeing a lot of coins pumping.
BTC.D Update (1D)This analysis is an update of the analysis you see in the "Related publications" section
Based on the previous analysis, we anticipated an upward movement in Bitcoin dominance.
Now, considering recent candlestick patterns, the movement path can be identified more clearly.
Soon, there may be a slight recovery in altcoins, but Bitcoin dominance could rise again to the 59 level before the expected altcoin season begins.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Interesting open on Gold with price attacking the support level we wanted to long, missing by a few pips but the Red boxes giving a decent entry up into the first order region. Once we saw the Red box not being respected and activated long again we continued to long up into that 2670 level we had mentioned in the KOG report.
KOG’s Bias for the week:
Bearish below 2665 with targets below 2620 and below that 2610
Bullish on break of 2665 with targets above 2670 (done) and above that 2685
RED BOXES:
Break above 2639 for 2650 (done), 2660 (done), 2663 (done) and 2670 (done) in extension of the move
Break below 2627 for 2620, 2610 and 2595 in extension of the move
Now we've hit our bias level and support is below at the 2655 region. If held, we could see another test of this high which needs to hold us down in order to go lower. Unless broken above, longs are a bit risky up here unless we get support below. The path shows the potential retest level and support.
As always, trade safe.
KOG
H_1 SCENARIOThe current analysis for XAU/USD (Gold vs. US Dollar) suggests a mixed outlook influenced by technical and geopolitical factors
The current analysis for XAU/USD (Gold vs. US Dollar) suggests a mixed outlook influenced by technical and geopolitical factors combined with a positive RSI trend, suggests a potential continuation toward higher levels like $2,668 if the bullish sentiment persists
On shorter timeframes, consolidation is observed near $2,640, with potential bearish movement if the resistance levels hold. A pullback to previous levels like $2,620 could act as a pivot for further trend assessment
Immediate resistance is noted around $2,668, while support lies near $2,620. Breaking either of these levels could dictate the next directional move
Prediction: In the near term, XAU/USD appears likely to continue testing resistance levels. If the bullish momentum holds, a rise to approximately $2,660-$2,670 could occur. Conversely, failing to maintain current levels may lead to a retracement toward $2,620.
Disclaimer: I am not a financial advisor, and this analysis should not be considered financial advice. Please consult with a professional for trading decisions.
M_30 scenarioShort-Term Technical Analysis:
Gold is consolidating near $2,645_48, and the short-term momentum will likely depend on breaking key levels of resistance and support.
Resistance : Around $2,660-$2,670, which could be tested if bullish momentum persists.
Support: $2,620, which may act as a cushion if prices decline
Market Sentiment :
Strength in the US Dollar and elevated Treasury yields are capping gold's upward movement. However, geopolitical tensions provide support, maintaining gold's safe-haven appeal.
Today, a balance between these opposing forces could result in range-bound trading with a slight bullish bias
Prediction for Today:
Gold is likely to trade between $2,620 and $2,660 for the day. If the price breaks above $2,660, it could climb to $2,670. Conversely, failure to hold above $2,640 could see it retest $2,620.
Disclaimer: This forecast is not financial advice. Always consult a financial professional before making trading decisions.
POV: NAVINFLUOR - Learning for Swing TradersPOV: NAVINFLUOR - Learning for Swing Traders
Chart Reading:
I marked five potential entry areas on the chart where most swing traders typically take positions. However, there are no clear signs of targets, which makes such stocks more suitable for short-term or intraday trading.
As a swing trader, I firmly believe that not all stocks are meant for swing trading. We need to selectively focus on those that align with our strategies.
For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
#NiVYAMi
Intraday Levels for Nasdaq 100 Futures - 12/10/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.