ETH: Sell the Pop, Buy the DipOverall Vibe: We're seeing a bit of a mixed bag here. ETH had a nice run-up, but it's starting to look like it might be running out of steam.
The Sell Zone: You've marked a key area around $3,053.38 as a "Sell Zone." This tells me you think there's a good chance we'll see some selling pressure kick in around that level. Smart move to call that out.
Potential Dip: If things play out like you expect, you're anticipating a dip down to around $2,622.10, maybe even lower. That's where your "Buy Zone" comes into play.
Why This Makes Sense: Looking at the chart, I see a few things that support your analysis:
Resistance: The $3,053 area lines up with some previous resistance levels. That's a classic spot for sellers to step in.
Heikin Ashi Candles: These candles smooth out the price action and can make it easier to spot trends. I see some red candles forming, which could signal a shift to the downside.
Keep in Mind:
Market's Gonna Do What It Wants: No chart is 100% accurate. Be ready to adapt if the market throws a curveball.
Risk Management is Key: Always have a plan for how you'll manage your risk if the trade goes against you.
Overall:
Not bad at all! Your analysis is clear and well-reasoned. I like how you've identified key zones and explained your thinking. Keep an eye on those levels and see how it plays out.
Disclaimer: I'm just an AI, so this isn't financial advice. Always do your own research before making any trades.
Technical Analysis
BECTORFOOD : Going long for about 0.625% of the net capitalTechnical Overview :
Took a position for about 0.625% of the net capital from a level closer to the lower trendline of the descending channel. Will be targeting the high of the descending channel for a potential move of about 43% from the current average entry price.
Fundamental Overview :
Mrs. Bectors Food Specialities Limited, a prominent player in India's fast-moving consumer goods (FMCG) sector, has exhibited notable financial performance in recent quarters.
For the fiscal year ending March 31, 2024, Mrs. Bectors reported a revenue from operations of ₹16,239.45 million, marking a 19.22% increase from ₹13,621.39 million in the previous year. The net profit for the year stood at ₹1,403.61 million, reflecting a 55.78% growth compared to ₹900.74 million in FY23.
The company's operating profit margin for FY24 was 15%, with a net profit of ₹145 crore, indicating robust operational efficiency.
Mrs. Bectors Food Specialities Limited has demonstrated strong financial growth, driven by strategic initiatives in product development and market expansion. The significant increases in both revenue and net profit across its key segments underscore the company's solid market position and effective operational strategies.
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If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
what is happening to BTC right now ?! 🐺 "Hello, KIUCOIN family . I hope you're doing well. 🐺
In this analysis, I've decided to explain what's likely to happen to the BTC price in the immediate short term and the long term. Be sure to stay tuned with me until the end, as it's going to be mind-blowing." 🤯
"First of all, let's examine the monthly chart. In my opinion, this is one of the best timeframes, especially for this analysis, because it reveals extraordinary price targets. Let's dive into it :
As you can see on the monthly chart , BTC is between two uptrend curves that have acted as support and resistance since 2015 . These curves are fairly strong, justifying their classification as strong support and resistance lines on the monthly timeframe.
As you may already know, the higher the timeframe we examine, the more accurate results we can achieve. Therefore, the patterns on the monthly timeframe are much more accurate than those formed on the daily or even the weekly timeframe. In this case, we have a clear and perfect bullish flag pattern . This is a bullish pattern, and its main target, which aligns with our resistance line, is around $165,000. 🔥🐺🚀
So let's reveals more details for you dear 🐺KIUCOIN🐺 family :
In the chart above, on the weekly timeframe, we have a clear AB=CD pattern . This is a well-known pattern in harmonic trading and, in my opinion, is quite accurate. Seven out of ten times, these patterns reach their targets, making them a valuable tool for traders .
So I think there is another secret reason for us to pay attention to it :
BTC.D
As you can see in the chart above, BTC.D is currently within a symmetrical triangle, which could also be considered an ascending triangle in this case. It appears to be on the verge of breaking out. In my opinion, if BTC.D breaks through this resistance level, it could be incredibly beneficial for the BTC price , potentially leading to a significant rally up to $165,000. However, this could also be challenging for altcoins and ETH . While they might also experience pumps alongside BTC, these pumps are likely to be less substantial. After such a BTC-led rally, we could expect a massive altcoin and ETH season. So, stay tuned with me until that time, as we could potentially make life-changing money together during this market cycle.
Now finally it's time to take look at the lower time frame :
As you can see on the daily timeframe , if BTC breaks through the orange resistance line , we could consider entering a long position with a target of the previous all-time high. You could also take some profits at a predetermined level and set your stop at the entry point to protect your initial investment. The remaining position could then potentially continue to generate profits, leading to a higher target of $165,000.
I hope you enjoy this idea dear KIUCOIN family , also always remember :
🐺 Discipline is rarely enjoyable , But almost always profitable 🐺
3MINDIA : Going long for about 0.625% of the net capitalTechnical Overview :
Took a position for about 0.625% of the net capital from the lower trendline of the parallel channel targeting the highs for a potential move of about 39%.
Fundamental Overview :
3M India Limited, a subsidiary of the U.S.-based 3M Company, has demonstrated a mixed financial performance over recent quarters, influenced by various market dynamics.
For the fiscal year ending March 31, 2024, 3M India reported a 29% increase in net profit, totaling ₹5.83 billion, compared to ₹4.51 billion in the previous year. Revenue rose by 5.8% to ₹41.89 billion from ₹39.59 billion. The profit margin improved to 14% from 11% in FY23, driven by higher revenue. Earnings per share also increased to ₹518 from ₹400 in the prior year.
Segment-wise Performance:
Healthcare: This segment has shown consistent growth, with a notable 19% increase in revenue during Q2 FY25.
Safety and Industrial: Experienced growth of approximately 8-9% in Q2 FY25 but faced a 1.4% decline in Q3 FY25.
Transportation and Electronics: While there was a 10% revenue increase in Q3 FY25, this segment saw a slight decline of 1.4% in Q2 FY25 and a 4% decrease in Q1 FY25.
Profitability and Margins:
The company's profitability has been impacted by rising raw material and freight costs, leading to margin contractions in certain quarters. For instance, in Q3 FY25, EBITDA margins contracted by 12% year-over-year due to increased expenses.
Strategic Actions:
To mitigate inflationary pressures, 3M India has implemented price increases across its product range. This strategy contributed to revenue growth in several segments, despite the challenges posed by higher input costs.
Conclusion:
3M India's financial performance reflects resilience amid economic challenges, with strategic pricing actions and segmental growth contributing to overall stability. However, rising costs have posed challenges to profitability, indicating the need for ongoing cost management and strategic initiatives to sustain growth.
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If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
XAUUSDwhat a greay weekend...gold is still pushing higher high finally made it to nearly 2900 , as weekly candle close strong bullish that seems like it might hit the cluster edge as predicted on the chart, i hope you all guys understand clean and clear, if not let me know in the comment.
looking for short from the edge of the cluster.
happy weekend.
TradeCityPro | DOTUSDT Weekly Range Boxes of Altcoins👋 Welcome to the TradeCityPro channel!
Let’s analyze DOT, one of the popular cryptocurrencies, and identify its potential entry points.
🌐 Overview Bitcoin
Before diving into the DOT analysis, let's check Bitcoin on the one-hour timeframe. Due to today's NFP news, Bitcoin has experienced volatility and once again got rejected from the critical $100,000 psychological resistance.
This rejection has led to selling pressure, pushing Bitcoin back toward the 96,445 support, which now has a higher probability of breaking due to this rejection. Additionally, Bitcoin dominance remains within the defined range, showing a slight upward bias.
If we see a correction, altcoins are likely to experience further declines, and I don't expect any major movements until the end of the week.
🕵️♂️ Previous Analysis
In our previous DOT analysis, we expected a decline after breaking $6.554, leading to a test of the daily range high. However, recent market conditions caused DOT to wick down as low as $3.743, which is its strongest support level.
📊 Weekly Timeframe
DOT remains inside its weekly range, and despite its 170% range, it is still considered ranging rather than trending.
I've previously discussed "money traps", and this applies here too. You can buy at $3.719, but without momentum, your capital could remain stuck in this asset for a long time. Who knows—could DOT be the next LUNA?
Considering these factors, I prefer either a strong reaction at $3.719 or a breakout above $10.309 before entering a position. I’d rather focus on coins that confirm a breakout before entering**, like Jasmy, which recently provided a 400% gain.
For exiting, if $3.719 support breaks, it's better to accept the loss and exit. Later, if a buy signal reappears, you can re-enter using the same USDT amount, instead of holding and losing more DOT.
📈 Daily Timeframe
On the daily timeframe, DOT faced a strong rejection at $10.725, forming consecutive lower highs and lower lows. However, recent selling pressure appears to be weakening, and we are currently sitting on the $4.626 support.
Additionally, a trendline is forming, and if DOT rejects from it in the future, this would indicate continued bearish momentum, providing an opportunity to keep short positions open from higher levels.
I personally believe DOT may enter a range for some time, allowing traders who made emotional decisions due to FOMO and market volatility to reassess. For now, I expect the $3.719 support to hold.
That doesn’t mean we should buy immediately. Our strategy is clear , buy after a breakout above $10.725 , Wait for an accumulation range to form or Look for a sharp upward move, retest a key trigger level, and confirm a breakout before entering.
FTT ANALYSIS📊 #FTT Analysis
✅There is a formation of Falling Wedge Pattern on daily chart with a breakout and currently trading around its major support area🧐
Pattern signals potential bullish movement incoming after a successful retest
👀Current Price: $1.946
🚀 Target Price: $3.050
⚡️What to do ?
👀Keep an eye on #FTT price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#FTT #Cryptocurrency #TechnicalAnalysis #DYOR
GOLD 4H CHART ANAYLSIS / BULLISH OR BEARISH? READ CAPTION PLZ4H Gold Analysis – 7th Feb 2024
Dear Traders,
Today's market movement aligns with our strategy of buying dips. Here's a summary of key insights:
Previous Chart Review (5th Feb)
* Target 1 (2850.15) ✅ – Successfully hit
* Target 2 (2876.95) ✅ – Successfully hit
* Target 3 (2903.76) – Pending
Key Resistance Levels Activated: 2850, 2876
Goldturn Levels Hit: 2852, 2828
What is next for Gold? Bullish or Bearish?
* Price Action Expectation: Movement between Goldturn levels with EMA5 confirmation for trend direction.
* Strategy: Monitor EMA5 crosses for trade entries.
Bearish Case
* If EMA5 stays below 2850, expect a retest of Goldturn levels.
* Scenario 1: Below 2823, likely drop to 2803.
* Scenario 2: Below 2803, expect 2776.
* Scenario 3: Below 2776, target 2747 (major demand zone).
Bullish Case
* Scenario 1: Above 2852, target 2876 ✅ DONE
* Scenario 2: Above 2876, target 2903.
* Scenario 3: Above 2903, target 2925.85.
Trading Strategy
Short-Term:
Use 1H/4H timeframes for pullbacks at Goldturn levels.
Target 30-40 pips per trade for optimized risk management.
Long-Term:
Maintain a bullish bias, viewing pullbacks as buying opportunities.
Avoid chasing tops; buy dips from key levels for better trade positioning.
Trade with confidence and discipline. Stay updated with our daily insights to stay ahead.
Support us with likes, comments, boosts, and follows!
📉💰 The Quantum Trading Mastery
CMCSA : Going long for about 0.625% of the net capitalTechnical Overview :
Took a position for about 0.625% of the net capital from the lower trendline of the parallel channel. The price did form a gap down and hence I waited for a consolidation pattern to be formed before being involved in the scrip.
Will be targeting the higher trendline of the parallel channel which is about 35% move from the average entry price.
Fundamental Overview :
In the fourth quarter ending December 31, 2024, Comcast reported a 2% increase in revenue, totaling $31.92 billion, and an adjusted earnings per share of $0.96. The Connectivity & Platforms segment saw a 5% revenue growth to $11.5 billion. However, the company experienced a loss of 139,000 broadband subscribers, exceeding the anticipated loss of 100,000.
Analysts have suggested that Comcast could unlock significant value by restructuring, potentially splitting into three separate public companies. This move is projected to increase Comcast’s stock value by 57%. The conglomerate structure has been cited as a factor leading to market discounts due to concerns over capital returns and leadership alignment.
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If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
MSFT : Going long for about 0.625% of the net capitalTechnical Overview
Took a position for about 0.625% of the net capital from the lower trendline of the parallel channel. As of now, the target considered is the high of the parallel channel, to where there is a potential move of about 10% from the entry level.
Will consider adding on to the position if the price falls to the, low of the ascending channel as marked in the charts.
Fundmental Overview
In the fiscal quarter ending January 29, 2025, Microsoft reported a 12% increase in revenue, totaling $69.6 billion, and a 10% rise in net income to $24.1 billion. The Intelligent Cloud segment, which includes Azure, saw a 19% revenue growth. However, Azure's growth rate decelerated to 31%, down from 34% in the previous quarter.
The company is significantly investing in artificial intelligence (AI), with plans to allocate $80 billion in capital expenditures for the fiscal year, primarily aimed at enhancing AI infrastructure.
📢📢📢
If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
AUDCAD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.90000 zone, AUDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.90000 support and resistance area.
Trade safe, Joe.
NZDCAD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81250 zone, NZDCAD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 0.81250 support and resistance area.
Trade safe, Joe.
CHFJPY: Bearish CHF and Potential DownsidesHey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 167.500 zone, CHFJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 167.500 support and resistance area.
Trade safe, Joe.
UsdChf sell Insight Maybe not today maybe it is going to be the coming week. I'll be patiently waiting for price to come to my point of interest at 0.91062 to short this pair.
I select that zone due to wanting to sell at the Premium zone. I might get tagged or not doesn't matter.
Kindly boost of you find this insightful 🫴
AUDUSD: Bullish Movement Continues 🇦🇺🇺🇸
AUDUSD violated a key daily horizontal resistance.
After a retest of a broken structure, the pair was nicely rejected,
indicating a strength of the underlined blue zone.
I think that the market will continue rising.
Next resistance - 0.6313
❤️Please, support my work with like, thank you!❤️
GOLD → Testing Key Resistance with Potential to Reach 2726-2790OANDA:XAUUSD currently testing an important resistance level from which we can expect the price to continue rising to key levels such as 2726-2790. Technically, gold has entered the buying zone and the fundamental context supports it.
Gold is supported by weak US inflation data, moderate Fed expectations, hopes for Chinese stimulus measures, and fading concerns about President-elect Trump's disruptive trade tariffs which have supported the risk-on sentiment prevailing in markets, causing the US dollar to decline sharply.
Focus shifts to other economic data releases from the US, including December Retail Sales and Weekly Unemployment Claims, which will provide more clarity on the Fed's interest rate trajectory after January. Markets have fully priced in a rate pause at the Fed's policy meeting later this month. Gold prices will also remain dependent on any speculation surrounding Trump's tariff plans.
Technically, all eyes are now on the resistance zone at 2697-2700. If gold can consolidate above this area, buyers will quickly enter the medium and long-term playing field. But don't forget about the upcoming news releases.
Best regards, Bentradegold!
GOLD → False or true resistance breakout?OANDA:XAUUSD is trying to consolidate above the previously broken boundary of the ascending channel. The struggle that has not ended creates risks for both buyers and sellers.
The weakening USD, coupled with the lack of clarity surrounding President Donald Trump's policy plans and ongoing trade wars, continues to provide support for gold.
Inflation expectations are rising amid a period of economic and geopolitical uncertainty, forcing the Federal Reserve (Fed) to maintain high interest rates for an extended period to control increasing price pressures. Since taking office, President Trump has provided little detail on his proposed tariffs, raising questions about the seriousness of these measures and their potential impact.
In the coming days and weeks, the precious metals market will be influenced by constantly shifting news from Washington.
Resistance levels: 2758, 2770
Support levels: 2750, 2745, 2730
Currently, prices are consolidating above previously broken resistance levels. If there is no bullish momentum and the price breaks through a false resistance channel, gold may decline toward 2745 - 2730.
However, a breakout above the local resistance level could trigger buying and push the price to the target: 2770.
Best regards, Bentradegold!
Nightly $SPX / $SPY Scenarios for 2.7.2025 🔮 🔮
🌍 Market-Moving News:
🇺🇸🤝🇨🇦🇲🇽 Tariff Developments: The U.S. has announced a 25% tariff on imports from Canada and Mexico, set to take effect on March 4, 2025, following a 30-day delay after negotiations.
🇺🇸📈🇨🇳 Tariffs on China: A 10% tariff on Chinese imports was implemented on February 4, 2025. In response, China has announced retaliatory tariffs ranging from 10% to 15% on select U.S. goods, effective February 10, 2025.
📊 Key Data Releases:
🏢 Nonfarm Payrolls (8:30 AM ET): Forecast: +165K | Previous: +150K
📉 Unemployment Rate (8:30 AM ET): Forecast: 4.1% | Previous: 4.1%
💵 Average Hourly Earnings (8:30 AM ET): Forecast: +0.3% | Previous: +0.2%
💡 Market Scenarios:
📈 GAP ABOVE HPZ: A further gap up may lead to a rejection back down into the 6041 area.
📊 OPEN WITHIN EEZ: Expect slight morning choppiness, followed by a significant sell-off either in the early morning or afternoon, dropping into 6025 before bouncing to close above 6041.
📉 GAP BELOW HCZ: Consolidate lower and then pump back higher than 6025; that's the flip level.
📌 #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao
#NIFTY Intraday Support and Resistance Levels - 07/02/2025Gap up opening expected in nifty near the 23700 level. After opening if nifty starts trading above 23750 level then expected upside movement in index. This upside rally can goes upto 23950+ level. Below 23700 downside possible upto the 23550 support level in today's session.
Any major downside only expected below this support level.
[INTRADAY] #BANKNIFTY PE & CE Levels(07/02/2025)Today will be slightly gap up opening expected in banknifty. Expected opening near 50450 level. After opening it will face resistance at this level. Any strong bullish rally only expected if banknifty starts trading above 50550+ level. Downside 50050 level will act as a support for today's session. Any major downside expected below the 49950 level.
The Moment We've Been Waiting Prime Opportunity on $TOSHIUSDA golden long opportunity has emerged as COINBASE:TOSHIUSD taps into a fresh daily demand zone, aligning perfectly with an M15 demand zone. This setup signals a high-probability bullish move from a key liquidity area.
🔥 Key Levels to Watch:
✅ M15 Demand Zone – Fresh liquidity, strong potential for an impulsive move.
✅ Daily Demand Zone – Higher time frame confluence for added confidence.
✅ H1 Demand Zone – For those who prefer extra confirmation, waiting for the H1 zone may provide additional confluence for a safer entry.
With market momentum shifting, this could be the perfect time to enter a long position on $TOSHIUSD! 📈 Keep an eye on price action and manage your risk accordingly.
#TOSHUSD #CryptoTrading #Forex #SupplyAndDemand #LongOpportunity #TechnicalAnalysis