RELAXO FOOTWEARS HAVE A STRONG GROUND SUPPORT...NSE:RELAXO trade at 820 level. Stocks take a multiple support at 750-780 range. You can watch for an Upside move at 980 level...
Support
SUPPORT AND RESISTANCE STRATEGYIn this analyze I'm focusing on M30 timeframe for gold. Today i'm looking for buy opportunity if price break this range toward upside than we look for buy. but if price break below 2495 area then we use inverse breakout and rejection strategy and look for sell. Let's delve deeper into these levels and potential outcomes.
Public Sector (PSU) Banks at SupportAfter a stellar half decade post Covid, the shares of Public Banks have shown signs of exhaustion.
But, the underlying companies are in good financial shape and posting record top and bottom lines.
I still believe there is a lot of steam left in the like of Canara, BoB and SBI.
I can see these stocks and the whole index turning back and hitting record highs in future.
The idea shared is not a buy/sell recommendation. It is aimed at spreading awareness and help retail traders be more informed of the opportunities.
This should not be taken as the basis of any financial commitments.
PBF to make a big reversal?🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Some SERIOUS support on AMD for a nice swing trade! 🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
#BTC: IS THE DOWNTREND ENDS HERE??Hey everyone!
Appreciate a like and follow if this analysis helps!
Welcome to this BTC update. BTC is trading inside a broadening wedge pattern in the daily time frame and currently hovering near the lower trendline of the wedge.
Every time the price tested the lower trendline, it formed a new lower low but, the first time, it made a Lower high, hinting at a possible shift in momentum. This could signal the end of the downtrend and the beginning of a new uptrend.
A potential bullish outcome includes a new all-time high by the end of the year.
Invalidation: Daily close below the previous lower low.
What are your thoughts on BTC's current price action? Share your analysis in the comments!
Gamestop (GME) local bottom?Look at this retest of this horizontal support at around $20.
GME has also retested and held the EMA50 on the weekly time frame, which looks quite promising, like a mean reversion and even more bullish because it is a higher time frame.
USOIL breaking through previous supportAs seen on chart, price has broken through the previous support at 71.50.
Next support is at 67.75, so that's the target for now. May close it earlier based on price action.
NOT/USDT: POTENTIAL FALLING WEDGE PATTERN! ACCUMULATE HERE!!Hey everyone!
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NOT/USDT looks good here. It is forming a falling wedge-like structure in the daily time frame and currently hovering near the lower trendline of the wedge. It is a good area to accumulate some on the spot or with low leverage.
Entry range:- $0.0070-$0.0076
Target:- 150-200%
SL:- $0.006(For leverage)
What are your thoughts on NOT's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
AUD/CHF Testing Strong Support at 0.56750 with Bearish OutlookThe AUD/CHF chart shows a strong bearish trend, with the price having retested the 0.56750 support level twice. Despite this support, the downtrend indicates that the pair may break below this level. The expectation is for the price to move further down toward 0.56472 if the support is breached. This support level has held previously, but current momentum suggests a potential breakdown, aligning with the bearish trend.
AUD/NZD Approaching 1.08000 Support Level: Bearish Outlook AheadThe chart of AUD/NZD suggests that the price is approaching a key support level at 1.08000. After a recent downward move, the market is expected to retest this support zone. The downward arrow on the chart indicates an expectation of further bearish movement towards the 1.08000 area. This level could act as a potential reversal point, but a break below could lead to further downside pressure. The market structure appears to be in a corrective phase, with lower highs and lower lows forming.
Solana Bull Market IdeaThis idea shows a scenario of a possible start of the bull market. Solana has been moving sideways for a long time. I expect a manipulative event in the red square, like the Fomc event or a war event that will shake the last bull, but all this is preparation for the bull market event. The target is anything above the all-time high.
MKR/USDT 1WHello everyone, let's look at the 1W MKR to USDT chart, in this situation we can see that the price has returned to the downtrend, but we are still above the main uptrend line.
Let's start by setting goals for the near future, which include:
T 1 = $2,183
T 2= $2,548
T 3 = $3,121
AND
T 4= $3,554
Looking the other way, there is very strong support at $1,277, but if it is broken, the price drop may be much greater.
Looking at the RSI indicator, we see that it is at a very low level, which may result in a change in the direction of movement in the coming weeks.
RARE/USDT: POTENTIAL FALLING WEDGE PATTERN!!Hey everyone!
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RARE looks good here. Forming a falling wedge-like structure in 4hr time frame and currently hovering near the lower trendline of the wedge. Expecting a good bounce from here. Buy some here and add more in the dip.
Entry range:- $0.136-$0.143
Targets:- $0.168/$0.184/$0.202/$0.24
SL:- $0.129
Lev:- 2x-4x
What are your thoughts on RARE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
BTC/USDT 4Hello everyone, let's look at the 4H BTC to USDT chart, in this situation we can see the price keeps below the downtrend line.
Let's start by setting goals for the near future, which include:
Target 1 59354 $
Target 2 61918 $
Target 3 65572 $
Target 4 70217 $
Now let's move on to the stop-loss in case the market continues to decline:
Stop loss= 56,828 $
Stop loss = 54,943 $
Stop loss= 52,196 $
AND
Stop loss = 48,733 $
Looking at the RSI indicator, we see
That it is approaching the upper limit again, which may result in a price recovery in the coming hours.
PEPE/USDT: 300-400% RALLY IN Q4!!Hey everyone!
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Welcome to this PEPE/USDT analysis. PEPE is forming a symmetrical triangle structure in the daily time frame and is heading toward the triangle's lower trendline. We have a strong support here (Green box). Once it breaks out from the triangle, we can expect a 200-300% pump easily. Accumulate it in the green box and hold it patiently.
Entry zone:- $0.0000060-$0.0000070
Target:- 300-400%
SL:- Daily close below $0.0000050
What are your thoughts on PEPE's current price action? Share your analysis in the comments below!
MIDCP NIFTY FUT AnalysisNSE:MIDCPNIFTY1! trade at 13250. You can long it with sl of 12950. target for 13500-13600
BCCOIN/USDT: READY FOR ANOTHER BIG MOVE!!Hey everyone!
If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!
BCCOIN looks good here. Forming a falling wedge-like structure in a 4-hour time frame and currently trading near the lower trendline of the wedge. Once it breaks out from the wedge, it can easily pump 200-300%.
Buy some now and add more in the dips.
Short Term Target:- $2.5-$3.5
Mid Term Target:- $7-$8
Long Term Target:- $15-$20
What are your thoughts on BCCOIN's current price action? Share your analysis in the comments below!
EURUSD 2 trading areasEURUSD seems to be exactly in the middle of 2 interesting trading zones. Not interested in any trades currently. We saw a strong break through the bullish trendline last week and it has been dropping since.
1) Waiting price action to see if we get a strong rejection to enter short
OR
Waiting price action to see if it breaks through and then wait for a retest to enter long.
2) Definite buying area, even if we don't see any bullish action first.
ETH/USDT: DAILY TECHNICAL ANALYSIS!!Hey everyone!
Appreciate a like and follow if this analysis helps!
ETH is currently trading around $2400 level. It forms a symmetrical channel in the daily time frame and approaches towards the channel's lower trendline.
As you see in the chart, it has a strong support of around $2100-$2300 level (Green Box). After we test this support, expecting a good bounce in quarter four of this year.
All we need to survive the next 20-25 days patiently. After that, we will see a huge upside in the crypto market.
What are your thoughts on Ethereum's current price action? Share your analysis in the comments!
Bitcoin - A clear reversal is needed for bullish trendBitcoin is currently trading in the support zone around the $58,000 range. This support level has been tested multiple times and has held strong each time.
For the bullish trend to continue, we need to see a clear reversal from this $58,000 zone. However, a breakdown from this support could push the price further down to the $54,000 range.
At this moment, it’s uncertain which direction the price will move, but I’m optimistic that it will trend upward since the support has held strong multiple times.
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Cheers,
GreenCrypto
Going to All Time High...NSE:METROPOLIS trade at 2135.
Support is at 1860
Resistance is at 2360
You can watch it going to all time high...
