Welspun Corp Eyes ₹950! TP1 Hit, More Gains Ahead!Welspun Corp (WELCORP), on the 1-hour timeframe, has achieved TP1 and is showing a strong bullish trend, indicating potential movement toward TP2, TP3, and TP4. The Risological Swing Trading Indicator clearly identifies the trade setup with defined levels for an emotion-free strategy.
Welspun Corp Key Levels:
TP1: 764.60 ✅
TP2: 835.35 (Pending)
TP3: 906.10 (Pending)
TP4: 949.85 (Pending)
Welspun Corp Technical Analysis:
The entry point was at 720.90, and the trade setup was confirmed as the price crossed above the Risological Trend Line, signifying a bullish continuation.
A safe stop-loss was placed at 685.55, ensuring effective risk management.
The current consolidation near TP1 suggests a likely breakout to higher levels, with TP2 and TP3 being immediate targets.
As momentum builds, traders should watch for signs of trend continuation or reversals near TP levels for maximizing gains.
Tradingsignals
1INCH/USDTBINANCE:1INCHUSDT
1INCH is your favorite coin, and it’s currently showing potential to hit resistance levels at **$0.61114** and **$0.6854** 🚀. If the price doesn’t hold these resistance levels, it could face a pullback, with support zones at **$0.500** and **$0.4333** 🛑. Here's a more detailed breakdown:
1. **Resistance Levels:**
- The **$0.61114** and **$0.6854** levels act as strong resistance zones, meaning the price may face difficulty moving above these levels. If 1INCH breaks through these levels, we could see further bullish momentum 🚀.
- These levels will be important for anyone looking to trade or anticipate price action—watch closely to see if it can hold above them.
2. **Support Levels:**
- If the price falls below the resistance and starts to decline, **$0.500** and **$0.4333** are key support zones where the price could find buying interest 🛑. These levels could act as a safety net, helping to prevent a larger drop.
- If the price holds at these support levels, there’s a chance for a bounce and upward movement, potentially setting up for a move toward the resistance levels again.
*Not financial advice* 💡📊
Sonata Software Races to ₹675! TP4 Within Reach!Sonata Software, on the 1-hour timeframe, demonstrates a strong bullish momentum with TP1, TP2, and TP3 successfully achieved. TP4 is within close range and is likely to hit as the trend continues on the Risological Swing Trading Indicator.
Sonata Software Key Levels:
TP1: 587.45 ✅
TP2: 621.10 ✅
TP3: 654.75 ✅
TP4: 675.55 (Pending)
Sonata Software Technical Analysis:
The trade was initiated at 566.65, following a clear breakout above the Risological Trend Line. The consistent upward momentum indicates a strong trend, with well-marked take-profit levels and a tight stop-loss at 549.85 to manage risk effectively.
With TP4 nearly achieved, the bullish momentum suggests further upside potential. Traders should closely monitor the price action near TP4 for possible profit-taking or further extension.
Namaste!
CPRX Growth Stock with Favorable UpsideCatalyst Pharmaceuticals, Inc. ( NASDAQ:CPRX ): Growth Stock with Favorable Upside
Trade Setup:
- Buy Price: $21.31
- Stop-Loss: $19.31
- Take-Profit Targets:
- TP1: $25.32
- TP2: $30.22
Rationale:
Catalyst Pharmaceuticals is a commercial-stage biopharmaceutical company focusing on innovative therapies for rare neurological diseases. The company's solid revenue growth and market position in niche segments offer a compelling reason for potential upside.
Financial Performance:
- In Q3 2024, the company reported **revenue of $128.7 million**, a **25.3% increase year-over-year**, driven by strong demand for their lead product, FIRDAPSE®, and the successful U.S. launch of AGAMREE®.
- Net income improved to **$45.6 million**, compared to $35.2 million in the same period last year.
Analyst Ratings:
- Catalyst Pharmaceuticals has a consensus **"Strong Buy" rating** from analysts.
- The average price target is **$31.14**, suggesting a potential upside of approximately 46% from the current price.
Volume and Market Dynamics:
- Short interest sits at around **7.47%**, signaling moderate bearish positioning but also potential for a short squeeze if bullish momentum builds.
- Trading volumes have shown steady growth, reflecting increased investor interest.
Risk/Reward Analysis:
With a stop-loss at $19.31, the risk is approximately **$2 per share** from the entry price. The first take-profit target offers a reward of **$4 per share** and the second target extends it to **$9 per share**, creating a favorable risk-to-reward ratio of **1:2** and **1:4.5**, respectively.
Conclusion:
Catalyst Pharmaceuticals presents a balanced opportunity for growth-oriented traders. While short interest and volatility indicate some risk, strong financial performance and favorable analyst targets provide confidence in the stock’s potential.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
World gold prices increasedSpeaking in an interview with the press hosted by the New York Times yesterday, Chairman of the US Federal Reserve (FED) - Jerome Powell - said the US economy is now stronger than when the FED started cutting interest rates in September.
According to Mr. Powell, the positive news is that the FED can be more careful in setting neutral interest rates - interest rates that do not promote or inhibit growth. However, the FED Chairman did not directly mention the FED's policy direction at the meeting from December 17 to 18. However, some analysts believe that the FED's interest rate reduction process may slow down.
Gold prices often react sensitively to changes in the FED's interest rate policy. When interest rates fall, the opportunity cost of holding gold - a non-interest-bearing asset - also decreases, increasing the appeal of gold as an investment channel. Conversely, if the Fed slows down in reducing interest rates or keeps interest rates at a higher level than expected, this could reduce demand for gold, leading to downward pressure on prices.
🔥 OANDA:XAUUSD BUY 2643 - 2645🔥
💵 TP1: 2655
💵 TP2: 2665
💵 TP3: OPEN
🚫 SL: 2637
ATOM has massive Bullish Movement chance.ATOM is forming a Triangle on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 5.5 Stay tuned for more updates, thanks.
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The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Gold Price Analysis December 4Fundamental Analysis
Gold prices traded in a positive bias for the second consecutive day on Wednesday, despite lacking bullish conviction and remaining confined within the familiar range that has held for the past week or so. Traders appear reluctant at the moment, opting to wait for further signals on the Federal Reserve’s (Fed) interest rate cut path before placing any directional bets. As such, the market focus will remain on Fed Chairman Jerome Powell’s speech later today, along with Friday’s US Non-Farm Payrolls (NFP) report, which will guide policymakers on their next monetary policy decision.
Technical analysis
breaks the 2647 level once again Gold is heading towards the technical resistance level of 2655. Gold is still trading in the accumulation range waiting for Nonfarm, most likely today there will be no break out of the 55 and 2635 ranges. The sideways market is quite difficult for trend traders. Wait and see how the European session will fluctuate. If it cannot break 2651, you can SELL to 2643-2635. If the price pushes up to 55 but cannot break this area, this is the trading range that can be reported today.
Is Solana Gearing Up for Another Rally?Since early October 2023, Solana has experienced an impressive 1,000% growth, reaching its peak on March 18, 2024. Following this significant rally, the price entered a corrective rectangle pattern, retracing 50% of the previous wave and preparing for the next upward move.
After breaking out of the corrective pattern and achieving notable growth, Solana has now formed a zigzag corrective pattern. The price retraced from the 38.2% Fibonacci level, which aligns with the March 18, 2024 peak. Additionally, the price has shown a positive reaction to the midline of the ascending channel.
Given this structure, it is expected that Solana will continue its upward trend and touch the upper boundary of the ascending channel.
If you found this (SOL) analysis helpful, let us know by hitting the like button! 💙
Where do you think Solana is headed next? 🚀
Drop your predictions and insights in the comments section below! 👇
Venus (XVS)XVS (Venus) Coin is one of the prominent projects in the field of decentralized finance (DeFi) that has significant growth potential due to its low market cap. This analysis highlights the following points:
📊 Comprehensive Analysis of XVS
🔍 Overview of the Analysis:
Formation of PRZ (Potential Reversal Zone):
A key area consisting of the weekly resistance and ascending channel ceiling, which could determine the continuation of the price trend. Breaking this zone is crucial for further upward movement.
🕰 Technical Analysis:
Current Status (Short-term):
In the daily timeframe, the price is currently testing the daily resistance (yellow zone). It is highly likely that this resistance will break, leading the price to the PRZ area.
Significance of PRZ:
The PRZ, formed by the weekly resistance and ascending channel ceiling, acts as a critical decision point. Breaking this zone could trigger a powerful and sharp upward movement.
🎯 Price Targets:
First Target: The green resistance area, aligned with the 1.618 Fibonacci level.
Second Target: The all-time high, coinciding with the 2.618 Fibonacci level.
📌 Key Takeaways:
Breaking the daily resistance (yellow area) in the short term is likely to guide the price toward the PRZ.
Breaking the PRZ (weekly resistance and the ascending channel ceiling) is essential for sustaining the upward trend.
TURBO - Bullish Chart - Breakout & ATHHello Traders
Today I share my opinion about the TURBO coin.
The chart looks very bullish and is preparing to breakout soon. Once this breaks out I think we will get a new all time high shortly after.
Support area: 0.007$ area
Resistance: 0.01$ area & 0.012$ area
If we breakout the triangle and flip the 0.01$ resistance I believe this will pump a lot. Another important thing is that this coin is still not listed on coinbase so this would be a potential reason for a massive price increase.
Gold price analysis December 3Fundamental Analysis
The focus now appears to have shifted to the Fed policy outlook following the latest speeches from several Fed policymakers and ahead of Friday's Non-Farm Payrolls (NFP) data. Trump threatened to impose 100% tariffs on Brazil, Russia, India, China and South Africa if they create a new currency or support another one to replace the Greenback.
However, a rebound in safe-haven demand for the USD early on Tuesday kept gold buyers on their toes. Persistent concerns about China's economy and Trump's threat of global tariffs remain a drag on investor sentiment.
Gold's next move will likely depend on upcoming US jobs data and its impact on Fed rate cut expectations. Meanwhile, gold traders remain wary of geopolitical tensions between Russia and Ukraine, between Israel and Iran, which could have a strong impact on the traditional safe haven asset, gold.
Technical analysis
The immediate price range that gold is facing is the 2633 and 2652 zones. The 2633 zone has been relatively weak as the Asian session tested this zone once. If the 33 zone fails to hold, 2629 will become a buffer for gold before finding the main support zone of 2618. The US port zone of 2652 last night is also relatively strong at the moment and it is relatively difficult for gold to overcome and reach 2662 today.
Tru/UsdtBINANCE:TRUUSDT
### **Current Price: 0.1484 📊**
- The **current price** of Tru is **0.1484**. This is where the market is right now. From here, the price could either go up, break through resistance levels, or drop to support levels depending on market movements.
---
### **Resistance Levels 🚧:**
Resistance levels are points where the price may face difficulty rising above. If the price breaks through these levels, it might surge higher.
- **0.1700** 🚀: The first level of resistance. If the price breaks above this point, there could be a continuation of the upward trend 📈.
- **0.2000** ⚡: A stronger resistance level. Breaking this level could indicate a more significant bullish move. It could bring more attention to the asset as it climbs higher.
- **0.2434** 🌟: An even higher resistance level. If the price manages to break this point, it could signal a strong momentum shift and lead to a larger rally.
Breaking these resistance levels means the price could push higher, but if it fails to maintain above these points, we could see a pullback.
---
### **Support Levels ⬇️:**
Support levels are price points where the market tends to find buying interest. If the price falls to these points, buyers might step in, and the price could reverse.
- **0.1233** 🛑: The first support level. If the price drops here, it could find some support and might reverse back up 📈. However, if it fails to hold, we may see a further decline.
- **0.1000** 💡: A critical support level. If the price reaches this level, it might indicate that the market is struggling to go lower. Buyers might step in, pushing the price back up 🏠.
- **0.0800** 🏚️: The lowest support level you mentioned. If the price drops here, it could signify a deeper correction or a strong area where the price might stabilize. However, if this level is broken, further declines are possible ⏬.
---
### **Not Financial Advice 🚫💸**
Remember, this analysis is just an observation based on the levels you provided, and the market can be unpredictable. Always do your own research and be cautious when making trading decisions!
Gold price analysis November 26Fundamental analysis
Gold prices struggled to capitalize on an intraday rebound from a one-week low of $2,600 and remained low for a second straight day heading into the European session on Tuesday. US President-elect Donald Trump’s tariff threat prompted some safe-haven flows and provided a modest intraday gain for the safe-haven precious metal. However, expectations of a less dovish Federal Reserve (Fed) capped gains in the non-yielding yellow metal.
Meanwhile, growing market confidence that Trump’s expansionary policies will stoke inflation and force the Fed to cut interest rates gradually has triggered a fresh rally in US Treasury yields. This has helped the US Dollar (USD) regain positive momentum and has become another factor undermining demand for gold. Additionally, optimism over Scott Bessent's nomination as US Treasury Secretary and the possibility of a ceasefire between Israel and Hezbollah have kept XAU/USD in check.
Technical Analysis
2606 has become an important support zone to keep gold prices above 2600. Any sign of gold breaking the immediate port level of 2611 will send gold to 2606 where support is the most important key zone for gold prices today. If this zone is broken, we will pay attention to the next support zone around 2591 and 2580. 2631 and 2649 have become two important resistance zones today when gold prices break the upper border and close above 2618.
DCRUSDT Trends Analysis: Setting Your Strategy for Success - ...◳◱ On the $DCR/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 18.12 | 19.17 | 21.65 and support near 15.64 | 14.21 | 11.73. Entering trades at 18.47 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Decred
▣ Rank: 284
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category/Sector: Payments - Currencies
▣ Overview: Decred is a hybrid proof-of-work proof-of-stake (PoW/PoS) cryptocurrency with a strong focus on community input, open governance, and sustainable funding for development. It utilizes its hybrid consensus and on-chain governance systems to ensure that a small group cannot dominate the flow of transactions or make changes to Decred without the input of the community. The project funds its own development from a decentralized treasury.
◰◲ Technical Metrics :
▣ Mrkt Price: 18.47 ₮
▣ 24HVol: 5,431,632.004 ₮
▣ 24H Chng: 8.903%
▣ 7-Days Chng: 14.79%
▣ 1-Month Chng: 56.86%
▣ 3-Months Chng: 66.55%
◲◰ Pivot Points - Levels :
◥ Resistance: 18.12 | 19.17 | 21.65
◢ Support: 15.64 | 14.21 | 11.73
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 4.91
▣ Last 90D: 2.88
▣ Last 1-Y: 0.52
▣ Last 3-Y: -0.13
◲◰ Volatility :
▣ Last 30D: 0.89
▣ Last 90D: 0.68
▣ Last 1-Y: 0.85
▣ Last 3-Y: 1.03
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth DCRUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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GBPUSD Analysis Week 48🌐Fundamental Analysis
Traders have reduced their bets on another Bank of England (BoE) rate cut this year after data released last week showed that underlying price growth in the UK accelerated in October. This has further contributed to the relative outperformance of the British Pound (GBP) against its US counterpart and confirmed the positive outlook for the GBP/USD pair.
US PCE data released on Wednesday showed that the pace of deflation in the US stalled in October. Moreover, investors now appear to believe that US President-elect Donald Trump’s expansionary policies will boost inflation. This follows the hawkish FOMC minutes earlier this week, which revealed that the Committee could pause its policy rate easing if inflation remains high. Additionally, geopolitical risks and trade war concerns could benefit the relative safe haven status of the Greenback and limit the upside momentum of the GBP/USD pair.
🕯Technical Analysis
The 1.250 support level was accepted by the market as it pushed the price to 1.273 during the final trading session of the week. The break out of 1.262 marked a major development of GBPUSD back to the uptrend. To mark a new growth, GBPUSD needs to trade above the 1.276 area. And immediately we can see GBPUSD trading within the price range of 1.276 and 1.262. Watch the strongest resistance zone of 1.286 for market fluctuations in Nonfarm next week.
📈📉Trading Signals
BUY GBPUSD 1.262-1.260 Stoploss 1.258
SELL GBPUSD 1.286-1.288 Stoploss 1.290