ONGC reversal at supportIt is good to add up here as there is RSI divergence & a reversal at support
ideal SL would be,RSI closing below 30
Trend Lines
TON/USDT: Bearish Channel and RSI AnalysisBYBIT:TONUSDT TON/USDT: Bearish Channel and RSI Analysis
Chart Analysis
Description
The chart displays the price action of TON/USDT on a 4-hour timeframe from Binance. The chart includes several technical indicators and annotations such as BOS (Break of Structure), CHoCH (Change of Character), and various support and resistance levels. The RSI (Relative Strength Index) and a volume-based indicator are also present.
Price Action Analysis
Support and Resistance Levels: The chart shows multiple horizontal support and resistance levels marked in red and green. Key levels include 7.200, 6.625, 5.832, 5.675, 5.664, 5.479, 5.402, 5.300, 4.775, and 4.542.
Trend Lines: There are descending trend lines indicating a bearish channel.
Volume Profile: The volume profile on the right side shows significant trading activity around the 5.675 level.
RSI: The RSI is currently around 56.61, indicating a neutral to slightly bullish momentum.
Volume Indicator: The volume indicator shows a mix of green and red bars, indicating fluctuating buying and selling pressure.
Smart Money Concepts (SMC)
BOS (Break of Structure): Multiple BOS annotations indicate areas where the price has broken previous support or resistance levels.
CHoCH (Change of Character): CHoCH annotations indicate potential reversals in the trend.
ICT Elliott Wave
Wave Patterns: The chart does not explicitly show Elliott Wave patterns, but the descending channel and BOS/CHoCH annotations suggest a corrective wave structure.
Buy and Sell Strategies
Buy Strategy
Entry: Enter a long position at the current price level of 5.675, as it is a significant volume node and close to support.
Take Profit 1 (TP1): 5.832 (next resistance level)
Take Profit 2 (TP2): 6.625 (major resistance level)
Stop Loss (SL): 5.479 (below the nearest support level)
Follow @Alexgoldhunter for more strategic ideas and minds
Sell Strategy
Entry: Enter a short position if the price breaks below 5.479.
Take Profit 1 (TP1): 5.300 (next support level)
Take Profit 2 (TP2): 4.775 (major support level)
Stop Loss (SL): 5.675 (above the nearest resistance level)
VIP Signal
Buy Signal: entry 5.675 tp1 5.832 tp2 6.625 sl 5.479
This comprehensive analysis integrates multiple trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave Theory, to provide detailed buy and sell strategies. The chart indicators, such as RSI, volume profile, and trend lines, support the analysis and identify key levels for entry, take profit, and stop loss.
Nifty50 Trendline Retest – What’s Next for Traders?The Nifty50 is at a decisive point, retesting a key breakout level. Here's my take on the key levels to watch and how traders can approach the market
Nifty50 Analysis - 5th January
What's Happening?
Nifty 50 is at a make-or-break point. It recently broke out of a downward trendline, which is usually a good sign for bulls, but now the index is retesting that breakout. How it reacts at these levels will set the tone for the next move.
Key Levels to Watch:
- Resistance Zones:
- 24,222
- 24,347
- 24,528
- Support Zones:
- 23,990
- 23,897
- 23,790
- 23,592
Possible Scenarios:
1. The Bullish Path:
If Nifty holds above 24,057 and shows strength, we could see a move to 24,222, and if the momentum is strong enough, it might even test 24,347 or 24,528.
2. The Bearish Path:
If the price drops below 23,897, things could get dicey, with the index likely heading toward 23,790 and 23,592.
How to Trade This?
- For the Bulls:
Look for sustained buying above 24,057 to go long. Targets: 24,222, 24,347. Stop loss: Below 23,897.
- For the Bears:
If the price slips below 23,897, you might want to short. Targets: 23,790, 23,592. Stop loss: Above 24,057.
Final Thoughts:
This is one of those moments where patience pays off. Let Nifty show its hand before jumping in. Watch those key levels closely, and always trade with a plan (and a stop loss!).
NSE:NIFTY
Let me know your thoughts on this setup! Do you think bulls will hold, or will bears take over?
Bitcoin LongTarget 108k this week.
A continuation pattern is forming.
If it drops again at 97.6k , it will be a nice opportunity for a perfect entry.
Long and strong.
uxlink analysisuxlink
uxlink market is very straightfoward and for liquidity to be swept from that bullish leg can mean that the buying pressure and selling pressure could as well been the same. a good sign it is still maintaining a buy structure is that the 4h has show an inner correction upwards. highlighted with the rectantangle at 1.5.. the 15m chart changes structure at this point 1.63. and our analysis remains valid. thank you
Btc/Usd bearish continuation If you've been following my BTC/USD analysis since last December, you know we've been riding a bearish wave. With a -15.06% move (that's a whopping 1.6 million pips, according to TradingView!)😋👊🏽, it's been a wild ride. 📉
Now, BTC is eyeing the 99.6k level, where we're looking at:
✔Rising Wedge
✔Support turn resistance
✔A triple high in the making
✔That down trend still going strong
Keep in mind, this is all based on technical factors.
Alikze »» LDO | Descending channel - 1W🔍 Technical analysis: Completion of corrective leg of bullish angle pattern
- In the weekly time frame, after the formation of a bullish corner pattern in the supply area, it has faced selling pressure.
- It is currently moving in a downward channel, which has encountered demand by touching the second area of the green box.
💎According to the upward momentum, in the first step, it can touch the target of 1.56, which is also the ceiling of the downward channel.
💎 Therefore, after the failure of the descending channel, in the case of Polk to the green box area, it can touch the next targets of 2.34 and the supply area (the previous major ceiling).
⚠️ In addition, if the green box area and Fibo 0.23 of the previous wave break, the bullish scenario will be invalidated.⚠️
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Alikze.
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BINANCE:LDOUSDT
Oil: Is the Downtrend in Oil Coming to an End?
In the previous analysis, the rise in oil prices was examined. As observed, after breaking the multi-week consolidation zone and retesting it, oil prices climbed. We anticipate a similar scenario could unfold again, with a break of the historical descending trendline followed by a retest. For a better entry into a buy position, it is advisable to wait for this price correction.
Inghams Group Limited | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Inghams Group Limited
- Double Formation
* Retracement Numbered | Completed Survey
* Pattern Confirmation | No trade | Subdivision 1
- Triple Formation
* 3.00 AUD | Area Of Value | Subdivision 2
* Cup & Handle | Pattern Condition | Subdivision 3
* Daily Time Frame | Behavioural Settings Indication
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Bad news FTM holders markets require more blood sacrificeThe price action of the past few days from the latest bottom of 66 cents seems to have been a bearish retest.
the massive long term support has turned into resistance
the bearish retest has been completed
now down again
RSI also has hit resistance.
more blood more pain
the bit question is when after 68-69 cents is reached:
double bottom confirmation and bottom is in, with rising RSI
or
max pain, max blood scenario of visiting 53 cents with also rising RSI, forming a bullish divergence?
the second part remains to be seen in several days
first part is clear
more blood from FTM holders
sorry, bulls
This is a SHORT-TERM analysis only
EUR/USD Daily Trendline Breakout AnalysisThe EUR/USD pair continues to trade within a downward trendline on the daily timeframe, suggesting sustained bearish momentum. With this setup, the next target is set between 1.00 and 0.97, while the stop loss is placed at 1.04 for effective risk management. This trading plan reflects a bearish outlook, aligning with the prevailing trendline and market dynamics.
Disclaimer: This analysis is simply a sharing of my personal trading plan and is not intended as financial advice. Please conduct your own research or consult a professional before making trading decisions.
HelenP. I Gold will fall to trend line and then start to growHi folks today I'm prepared for you Gold analytics. After looking at the chart, we can see how the price some time traded near the resistance level, which coincided with the resistance zone and then rebounded up to 2790 points. Then the price started to decline and soon broke the resistance level, making retets, and continued to fall next. After this, the price dropped to the trend line, breaking the support level as well, but later it turned around and rose higher than this level and broke it again. Later, Gold rose to the 2715 resistance level, after which made the correction and then some time traded in consolidation, after which quickly backed up to the resistance level. Next, XAUUSD dropped to the support zone, where it reached the trend line and then rebounded up at once, but soon it fell back to the trend line. A not long time ago Gold rebounded from the trend line and started to grow, therefore I expect that XAUUSD will decline to the trend line one more time and then continue to move up next. For this reason, I set my goal at 2680 points. If you like my analytics you may support me with your like/comment ❤️
HelenP. I Euro can reach resistance zone and then continue fallHi folks today I'm prepared for you Euro analytics. A few days ago price broke resistance level 2, which coincided with the resistance zone, and started to trades inside consolidation. In this pattern, the price rose to the top part and then at once made a correction movement to resistance 2. Then, the EUR some time traded near this level and then rebounded up to the trend line, which coincided with the top part of the range and then started to decline. In a short time, EURO declined to resistance 2, broke it, thereby exiting from consolidation as well and then some time traded between resistance 2. Later price dropped to resistance 1, which coincided with the resistance zone, and then started to grow to the trend line. Some time later it reached this line and then made impulse down to 1.0220 points, breaking resistance 1 too. Recently prices started to grow, so, in my opinion, EURUSD will reach the resistance zone and then continue to decline next. That's why I set my goal at 1.0240 points. If you like my analytics you may support me with your like/comment ❤️
Bitcoin (BTC) Price Analysis :Time For Bitcoin LongCurrent Situation: As of January 5, 2025, Bitcoin’s price stands at $97,795.01 with a slight decrease of 0.01%.
The chart indicates that Bitcoin’s price is moving within a parallel price channel. The current price is near the lower boundary of this channel. The presence of a bullish three-line strike pattern suggests a potential price increase.
If Bitcoin’s price breaks above the lower boundary of the channel, it may rise towards the $105,000, $110,000, and $115,000 levels. Conversely, if the price falls below this boundary, it could drop to the $80,000, $75,000, and $70,000 levels.
#SEI Ascending Triangle Breakout (High Risky Setup)#SEIUSDT is forming an ascending triangle pattern, a bullish continuation pattern. Enter long at the breakout above resistance, with a stop loss below the recent swing low. Set a take profit based on a favorable risk reward ratio. Monitor volume and practice proper risk management.
XRP/USDT: Potential Bullish Continuation with Key Level IndicatrBINANCE:XRPUSDT XRP/USDT: Potential Bullish Continuation with Key Levels and Indicators
Analysis:
The chart shows the XRP/USDT pair on a 4-hour timeframe, with various technical indicators and tools applied. The price is currently at 2.3839 USDT. The chart includes Fibonacci retracement levels, trend lines, volume profile, RSI, and MACD indicators.
Price Action:
The price is trading within an ascending channel, indicating a potential bullish trend continuation.
Key resistance levels are at 2.4801, 2.5090, and 2.7281.
Key support levels are at 2.2000, 1.9954, and 1.9000.
Smart Money Concepts (SMC):
The price has broken above a previous resistance level at 2.2000, now acting as support.
The volume profile shows significant buying interest around the 2.2000 level, suggesting strong support.
ICT Elliott Wave:
The price appears to be in the third wave of an Elliott Wave pattern, typically the strongest and most impulsive wave.
The Fibonacci retracement levels indicate potential targets for the third wave at 2.4697 (0.382) and 2.7281 (0.618).
Indicators:
RSI is at 61.76, indicating bullish momentum but not yet overbought.
MACD shows bullish momentum with green bars and the MACD line above the signal line.
Buy Strategy:
Entry: 2.3839 USDT (current price)
Take Profit 1 (TP1): 2.4801 USDT (next resistance level)
Take Profit 2 (TP2): 2.7281 USDT (Fibonacci 0.618 level)
Stop Loss (SL): 2.2000 USDT (below key support level)
Follow @Alexgoldhunter for more strategic ideas and minds
Sell Strategy:
Entry: 2.7281 USDT (Fibonacci 0.618 level)
Take Profit 1 (TP1): 2.5090 USDT (previous resistance level)
Take Profit 2 (TP2): 2.2000 USDT (key support level)
Stop Loss (SL): 2.9000 USDT (above key resistance level)
VIP Signal:
Buy: 2.3839 2.4801 2.7281 2.2000
This detailed analysis uses various trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave Theory, to generate comprehensive buy and sell strategies. The indicators displayed on the chart, such as Fibonacci retracement levels, volume profile, RSI, and MACD, support the analysis and identify key levels for entry, take profit, and stop loss.
SOL/USDT: Reversal and Breakout InsightsBINANCE:SOLUSDT SOL/USDT: Reversal and Breakout Insights
Analysis:
The chart provided is a 4-hour timeframe of SOL/USDT on Binance, showcasing various technical indicators and patterns. The chart includes:
Price Action and Trend Lines:
The price has been in a downtrend, indicated by the descending channel (blue lines).
There are multiple Break of Structure (BOS) and Change of Character (ChOCH) points marked, indicating potential trend reversals.
Support and Resistance Levels:
Key resistance levels are marked at 247.00, 225.21, 219.83, 217.05, and 216.79.
Key support levels are marked at 215.16, 203.00, and 175.26.
Volume Profile:
The volume profile on the right shows significant trading activity around the 215.16 level, indicating a strong area of interest.
Relative Strength Index (RSI):
The RSI is currently at 62.55, suggesting that the asset is approaching overbought territory but still has room for upward movement.
MACD Histogram:
The MACD histogram at the bottom shows a recent bullish crossover, indicating potential upward momentum.
Buy Strategy:
Entry: Buy at the breakout above 217.05, confirming the bullish momentum.
Take Profit 1 (TP1): 225.21 (next resistance level).
Take Profit 2 (TP2): 247.00 (major resistance level).
Stop Loss (SL): 203.00 (below the recent support level).
Follow @Alexgoldhunter for more strategic ideas and minds.
VIP Signal:
Buy: 217.05 tp1 225.21 tp2 247.00 sl 203.00
This comprehensive analysis integrates multiple trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave Theory, to provide detailed buy and sell strategies. The chart indicators, such as RSI, MACD, and volume profile, support the analysis and identify key levels for entry, take profit, and stop loss.
USD/JPY Poised for Breakout: Key Levels to WatchFX:USDJPY USD/JPY Poised for Breakout: Key Levels to Watch
Analysis:
The chart shows the USD/JPY pair on a 4-hour timeframe with multiple indicators and annotations. The price is currently at 157.266, with recent highs and lows marked. The chart includes horizontal support and resistance levels, volume profile, RSI, and a momentum indicator.
Price Action Analysis:
The price has been in an uptrend since mid-October, forming higher highs and higher lows.
Key resistance levels are at 157.406, 158.082, and 158.246.
Key support levels are at 156.744, 154.120, and 153.877.
Smart Money Concepts (SMC):
Break of Structure (BOS) annotations indicate significant price movements.
The price is currently consolidating near the upper resistance levels, suggesting potential accumulation or distribution.
ICT Elliott Wave Analysis:
The price appears to be in the fifth wave of an Elliott Wave cycle, indicating a potential end to the current trend.
A correction might be expected before a new trend begins.
Indicators:
RSI is at 51.93, indicating neutral momentum.
The momentum indicator shows mixed signals with recent green bars suggesting bullish momentum.
Buy Strategy:
Entry: 157.300 (above current resistance)
TP1: 158.082 (next resistance level)
TP2: 158.246 (upper resistance level)
SL: 156.744 (below recent support)
Sell Strategy:
Entry: 156.700 (below current support)
TP1: 154.120 (next support level)
TP2: 153.877 (lower support level)
SL: 157.406 (above recent resistance)
Follow @Alexgoldhunter for more strategic ideas and minds
VIP Signal:
Buy: 157.300 158.082 158.246 156.744
Sell: 156.700 154.120 153.877 157.406
This detailed analysis incorporates multiple trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to generate comprehensive buy and sell strategies. The indicators displayed on the chart, such as Fibonacci retracement levels, RSI, and volume profile, support the analysis and identify key levels for entry, take profit, and stop loss.
A thought Hi, "Happy new year"
giving just my thoughts being one of the participant of many chat groups, might be the one participating in highest numbers of chat groups
every now then, participants use some words/phrases, if trade didn't work according to their setups , giving here my opinion , your are free to give your opinion and experiences
thanks
MDB: Daily Base Breakout with Clear Risk/Reward SetupANALYSIS:
MDB has formed a potential base after the December earnings gap down. Key technical factors align for a swing trade opportunity:
SETUP:
Base formation between 236-246 with increased volume
Clear breakout level with volume confirmation
Well-defined risk parameters with support at 238
ENTRY: 246
STOP: 238 (8 points risk)
TARGETS:
1️⃣ 254 (1R - Initial scale)
2️⃣ 265-267 (Primary target - major resistance zone)
3️⃣ 298+ (Extended target - aggressive)
TRADE MANAGEMENT:
Scale 1/3 at 1R (+8), move stop to entry
Scale 1/3 at primary target
Trail remaining position using 4H uptrend line
RISKS:
Weekly downtrend still intact
Unfilled earnings gap above
Resistance at December consolidation zone (270-280)
Always use proper position sizing and adapt the plan to your own risk management rules.
ENA | Correction in ProgressI think ENA will go up next year but is due for a correction at the start of the year. The price recently broke below its diagonal support line and is now testing this same line as resistance - a classic bearish signal. Based on typical crypto patterns, we're likely to see a pullback to the second support zone (marked by the orange box) before any significant upward movement begins.
$MSTR appears to have broken the downtrendStill not 100% confirmed yet.
Price action dipped into the gap, although i would have liked to of seen a bit more time ~$275 to confirm
That would have shown a strong bounce off the .618 Fib as well, so I’m still bit skeptical.
It is very good that MSTR had a full 50% retracement tho from this move up.
I’m expecting it to range sideways at least for a few more days to confirm.
Volume has flipped bullish to suggest a trend reversal.
RSI fully reset to beginning of move.
Price closed above the EMA 9 & 21.
EMA 9 still has not crossed 21, so more hesitation.
Bulls need to step up BIG here for the Weekly Close.
XRP/USDT Bullish Pennat Breakout LoadingXRP/USDT, Bullish Pennant Formation in Progress
The chart displays a Bullish Pennant, signaling potential upward momentum. However, the price is currently rejecting near the upper trendline, indicating that the breakout may take some time.
Key Insights
1. The pennant structure remains intact, but consolidation might continue before a decisive breakout.
2. Watch for a confirmed breakout above the upper trendline before considering a long trade.
3. Once the breakout occurs, the target range is $2.8 to $3.0.
Patience is crucial as the price may test the trendline support or consolidate further before breaking out.
