Trend Analysis
NIFTY NARROW RANGE BREAKOUT NIFTY Has been consolidating in a narrow range for the past 2 days .The narrow range is of 200 points . Lot of stop loss is accumulated the highs and lows of this 200 point range .I have mentioned the targets if we could see a breakout from this range . If the range is broken today or on expiry we could see a move of 200 points either side .
good luck !!
Xauusd longAm looking for short on gold on the daily TF
Before that will happen, am seeing a retracement
My plan
1️⃣ price reacted from a 4H order block, broke a structure to the up side
2️⃣ I will set a limit order from the order block that broke the structure
3️⃣ TP will be above the next high or above the opposing order block where many orders will likely be taken
THE And retest the floor .THE has a rank of 434 and a market size of 115M dollars and Max No of 326M tokens as well as a long list of exchanges have listed it, it is expected to have a bright future.
Also, according to the chart, a strong support level has been formed around $1.1, and looking at Bitcoin in the last few days, it has maintained its growth trend.
It is also possible that THE will test its floor for the third time. After this stage, it will prepare to return to the resistance level of $1.84 and even touch the level of $2.
Good luck .
GBP-CAD Risky Long! Buy!
Hello,Traders!
GBP-CAD is going down
Now and will soon hit
A horizontal support level
Of 1.7944 so after the
Retest a local bullish
Rebound is to be expected
Buy!
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Timelapse of BTC's Daily ActionBTC Daily Action Levels Annotations
Highlight major support and resistance levels in the timelapse.
Annotate key pivot points where the price action reversed or consolidated.
Mark critical breakout and breakdown levels with arrows or boxes to emphasize their impact.
"Timelapse of BTC's Daily Action 🎥📈" Post: "Watch BTC's daily price action unfold in this timelapse! 🚀
📍 Key levels annotated to showcase their significance.
🔍 Did the market respect these levels, or did it break away?
Share your thoughts below! #BTC #Crypto #Trading"
HolderStat | BTC is rising. Will it break through $100K?📈 Bitcoin price jumped to $98,120 (+5% overnight), but trading volumes are down 10%. Meanwhile, funding rates remain low and total open interest in futures is up 1.3% - the market is preparing to move, but where to?
💸 Outflows from BTC ETFs have slowed but are still significant, and strong resistance at $100K remains unbroken. The nearest support is far away - at $93K. Interestingly, top wallets are refraining from activity on this correction so far.
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Tezos looks promising !Tezos has a great potential to grow massively. Don't hit it hard, but above 1.8$, it's safe to buy.
Gold (XAU/USD) Consolidating Within Symmetrical TriangleChart Analysis:
Gold is trading within a symmetrical triangle pattern, reflecting a phase of consolidation as price tightens between converging trendlines. The current price of $2,611.97 is near the middle of the range, with both upward and downward breakouts possible.
1️⃣ Symmetrical Triangle:
Price action is consolidating within the converging trendlines. A breakout above the upper boundary ($2,650) or below the lower boundary ($2,570) would provide the next directional clue.
2️⃣ Moving Averages:
50-day SMA (blue): Positioned at $2,667.53, acting as a dynamic resistance just above the triangle.
200-day SMA (red): Positioned at $2,477.51, providing long-term support well below current price levels.
3️⃣ Momentum Indicators:
RSI: At 44.34, trending slightly bearish but still neutral, indicating room for further movement in either direction.
MACD: Negative but flattening, signaling waning bearish momentum during consolidation.
What to Watch:
A breakout above the upper boundary of the triangle and the 50-day SMA could signal a bullish continuation, targeting prior highs near $2,750.
A breakdown below the lower boundary may lead to further declines toward the 200-day SMA near $2,477.
Gold is at a pivotal point, consolidating within a symmetrical triangle. A breakout in either direction will likely determine the next major move.
-MW
Bitcoin price is on a crossroadHello, Traders!
After reaching a new ATH at $108k, Bitcoin experienced a significant drop following Jerome Powell's speech that the Fed cannot hold Bitcoin and is not seeking to change that, which seems to have caused some uncertainty in the market. As a result, BTC price saw a steep decline, but it recently rebounded, almost touching the $100k level again.
The current focus for Bitcoin is a critical support area at around $91k. This area has held up well in recent price action, and we saw a recovery bounce from this region again. There is a strong chance that BTC could revisit this support area in the coming days, and it could provide another opportunity for a potential rebound. This support area is essential because it represents a significant price range where buyers have stepped in to defend the uptrend.
If Bitcoin does test this zone again and holds above $91k, the probability of a further upward move remains high.
In addition to the immediate price action, there’s a key factor to consider: the monthly candle close. Bitcoin needs to close the current monthly candle above $96k for the market to maintain its bullish sentiment. A green monthly close at this level would provide strong confirmation that the overall trend remains intact and that BTC is on track for further price appreciation.
The next few days are critical for determining whether BTC can sustain momentum to close the month in the green. If Bitcoin can hold above $96k by the end of the month, it would signal that the upward trend is still in play and that a continuation toward higher levels could be on the horizon.
Looking ahead to next week, there are two possible scenarios:
1. Continued Support Test: Bitcoin may dip back towards the $91k support area. If this area holds strong, it could set up another bullish reversal, targeting a move back toward the $100k area or even beyond.
2. Break Below Support: If Bitcoin fails to maintain support in the $91k area, we could see further downside, potentially testing lower levels. In this case, caution is warranted, as the next major support zone would be considerably lower.
Conclusion
The next week could be crucial for Bitcoin’s price action. A monthly candle close above $96k would reinforce the bullish outlook, but if Bitcoin fails to hold support or closes the month in red, we may see more volatility in the near term.
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SWING TRADE POSSIBILITY IN VEDANTAAa we can see there is a monthly resistance of 465 and current market price is 462. And RSI is also down to almost 35. So i think this could take a support from hear and go up at least 8 to 10 %.
BTCUSD (Before journal)005 ( I think that is possible to go to imbalance zone especially i think today daily candle will close bullish)
UnhHealth sector has gotten demolished in the last month with RFK jr. Appointment..
Didn't help that this company has had some bad news the last 2weeks..
Technically, UNH tagged it's weekly 200sma at 470.. UNH hasnt broken it's weekly 200sma since 2008-09 crash..
Also the double top that added fire to this sell is completed
.. I think healthcare sector and particularly this stock rebounds to the 20sma at 550 over the next 2 weeks
Tata technologies long term technical analysisTata technologies long term technical analysis for 4 years it will touch around 7000 to 8000
GBPCHF Will Go Lower From Resistance! Sell!
Please, check our technical outlook for GBPCHF.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.128.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.122 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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SPY Options - Bull & Bear Christmas EditionAMEX:SPY
AMEX:SPY
Trend continuation is still bullish long-term. We are using this bottom white trendline as a key pivot for these options and the larger move up or down. With these trades, we use 15-30 minutes candle CLOSES above or below support for confirmation
$610 CALL 1/6
Entry: Add at support tests off trendline
Targets: $600, $604.25, $607, All-time highs
$575 PUT 1/6
Entry: Rejection under $595 AND trendline
Targets: $583.56, $580.89, $575, $567
BTCUSDT - where is supporting region? whats next??#BTCUSDT.. continues selling candles and now market just near to his current expected supporting region.
that is around 89000 to 90000
keep close that region because that region will decide market next move of 5 to 8k pips.
don't be lazy here.
good luck
trade wisely
Solana Is In A Good Spot! My StrategyHey everyone,
here's a breakdown of my mid-term strategy for Solana (SOL/USDT). We're focusing on simple but effective rules, such as a Support & Resistance flip, which is happening as we speak.
Based on my experience (this is my third cycle), these steep corrections are great opportunities to add different altcoins to your portfolio and in some cases, take a leveraged position. 2025 will be bullish for crypto. And Solana is one of the better picks in this market.
If you like these kinds of explanatory ideas, please let me know in the comments.
Best,
Anton
NVIDIA. Buying opportunitiesHey traders and investors!
NVIDIA Daily Timeframe Analysis
A sideways trend (range) was formed on the daily time frame in October 2024 (point 4 was formed). The lower boundary is 128.74, and the upper boundary is 152.89. The seller's vector 11-12 interacted with the lower boundary of the range, where key volumes of the vector passed ("rKC" on the chart). The buyer absorbed these volumes on December 23, meaning they defended the lower boundary of the range.
The current buyer's vector is 12-13, with a potential target of 146.54 (152.89). The obstacle for the buyer is the test level of the seller's zone at 142.82 (the seller's zone is the red rectangle on the chart).
It makes sense to look for buying opportunities (buy patterns) as part of the idea of realizing the buyer's vector 12-13.
I wish you profitable trades.
