Gold Bulls are to take controlAs we had a beautiful week this week gold has shown us its value why is it called gold as well as gold is concerned currently we are expecting a Rise in price also we are experiencing a bearish shift in H1 but in M30 and M15 its not much clear that fight between both ends is on its peak now moving back to anylisis we can price is moving in an upwards channel and price has reached to its lower end price can move back to test the higher levels if it breaks below which seem pretty hard but a possibility then we will wait for the price to its daily Immediate (Physiological) support level we will wait for price to go higher bounds confluence being Bullish is
--> we are bullish from Monthly to weekly to daily to H4 but on H1 its not much clear price is not showing up properly fight is on
--> fibonachi confluence of current bullish impulse has retraced to 50% of price level and could go further .68% which is our daily Immediate support but over all we are bullish
Bullishpattern
Pyth USDT Spot trade 12% potential PYTH/USDT is showing a potential 12% rise based on technical indicators. The price is approaching a breakout zone after consolidation, with momentum building. Traders should monitor key resistance levels and volume spikes to confirm the bullish movement. Keeping an eye on support zones is essential to manage risk in case of pullbacks. 📈 #PYTH #Crypto #SpotTrade
BTC ANALYSIS (update)🔮 #BTC Analysis - Update 🚀🚀
💲 As we said earlier #BTC performed the same. Now we can see that there is a breakout of the pattern in #BTC. But there is an instant resistance zone. After breakout above the resistance zone, we would see a new higher price in #BTC
💸Current Price -- $67,700
📈Target Price -- $73,500
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#BTC #Cryptocurrency #Breakout #DYOR
XAGUSDXAGUSD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
$BTC About to make a (big) move?According to historical percentage pattern; BTC seems to be on the verge of a critical conjunction:
Scenario A: Retest $38k, if it holds; retest previous ATH of ~79k. Afterwards start new (gradual) bull run to new ATH ~327k
Scenario B: Bull run (gradually) to new ATH ~280k
I think politics also plays a big role here, mainly US elections & ongoing worldwide conflicts. The more crazy things go, the more unpredictable / unexpected scenario takes place; i.e. Scenario A
Otherwise, we're looking at a more stable Scenario B
Safe trading 🙂
Golden Cross is forming on Bitcoin Weekly Charta Golden Cross is forming on the Bitcoin MACD Weekly Chart.
We saw what that did to the price of Bitcoin before as pointed in the chart.
Bitcoin is near the all time high price now and could make new highs any time soon.
Very bullish months to come for Bitcoin & the Crypto market!!
GBP/USD: Three Drives and Butterfly Patterns in PlayGood day Traders,
Trust you are doing great.
Here is my brief analysis of the GBPUSD pair.
Last week, a bullish Three Drives pattern was identified on GBP/USD, completing on October 17th. Following the pattern's completion, the market experienced a brief impulsive move to the upside before retracing back to the support zone. Currently, the market is testing this support level, and a sustained move higher could follow, further validating the typical characteristics of this pattern, often found at the end of a trend or correction. If the support holds, we anticipate a move toward the 1.31026 price region. Additionally, a potential Butterfly pattern appears to be emerging, with its completion also expected around the 1.3146 level.
This outlook will be invalidated if the price moves further down and breaks below the 1.29565 level.
Cheers and happy trading!!!
Solana (SOL) Price Prediction: Poised for a Breakout and New AllThe chart of Solana (SOL) is painting an exciting picture for the medium term. We're currently witnessing the formation of a massive triangle pattern, and a breakout seems imminent. This technical formation, combined with other indicators, strongly suggests that SOL is preparing for a significant upward move that could propel it to new all-time highs (ATH).
Key Takeaways:
Triangle Breakout: The price action is consolidating within a large triangle pattern. A decisive break above the upper trendline of this triangle will signal a bullish breakout, potentially triggering a strong rally.
Fibonacci Targets: Based on Fibonacci extensions, we can project potential price targets for this anticipated move. The primary target zone lies between $257 and $260. This aligns perfectly with the 1.618 Fibonacci extension level, a key area where price often encounters resistance or support.
Historical Support: The lower trendline of the triangle has provided solid support for SOL during its consolidation phase. This reinforces the significance of a breakout above the upper trendline.
Why This Matters:
Solana has been a strong performer in the cryptocurrency market, and this potential breakout could mark the beginning of a new bullish chapter. A surge to new ATHs would not only be a major milestone for SOL but also a testament to its growing adoption and utility in the decentralized finance (DeFi) and NFT spaces.
Get Ready:
If you're bullish on Solana, now is the time to pay close attention. A breakout above the triangle could happen quickly, leading to rapid price appreciation. Keep a close eye on the $257-$260 resistance zone, as this will be a crucial area to watch for potential profit-taking or further continuation of the uptrend.
Disclaimer:
This is a technical analysis based on the provided chart and historical price action. It's not financial advice, and the cryptocurrency market is inherently volatile. Always do your own research and invest responsibly.
NEIRO/USDT: Bull Flag Pattern: Could We See Another 50%+ Surge?Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
NEIRO is looking strong right now! It’s forming a bull flag structure on the 4-hour time frame and is currently trading near the lower trendline.
Last time we saw a similar setup, NEIRO surged by 60-70%, and I’m expecting a similar move this time. Consider accumulating within the green box.
Entry Range: $0.00162 - $0.00172
Targets: $0.00194 / $0.00218 / $0.00242 / $0.00275
Stop-Loss: $0.00148
Leverage: Keep it low (Max 5x)
What do you think of NEIRO’s price action? I’m seeing a strong bullish setup here! Share your insights and analysis in the comments below!
From Dips to Highs: Unveiling a Bullish TurnaroundKROSS LTD newly listed company that had a rough start, now shifting from an initial downward trend to a positive trajectory. Investors are loving the positive shift, and the stock's looking solid again. It's a good sign for the future, showing they've got what it takes to bounce back. 🌟📈
Setting up for a potential 1:2 RR trade.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
NASDAQ 100 Index - Technical Analysis [Long Setup] 🔹 NASDAQ Analysis on 1H chart
- The current Trend is BULLISH
- There is no divergences
- Continuation pattern is present which is bullish flag
🔹 Trade Plan For 1HR
- Entry Level = 20386.3
- Stop Loss = 20312.7
- TP1 = 20458.6
🔹 Risk Management
- First TP is 1:1
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
Like and subscribe to never miss a new idea! ✌🏼
IMX ANALYSIS📊 #IMX Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout🧐
Pattern signals potential bullish movement incoming after the confirmation of breakout and a small retest📉
👀Current Price: $1.640
🚀 Target Price: $2.560
⚡️What to do ?
👀Keep an eye on #IMX price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#IMX #Cryptocurrency #TechnicalAnalysis #DYOR
SWING IDEA - ANDHRSUGARStock seems to have completed its Lower Low Price Action and MACD looks to form Higher Lows.
Good Election Results has also helped the stock to start picking up momentum now. It could start seeing the Price Action change directions to Higher High and Higher Low Patterns.
There seems to a Convergence Divergence in play as well.
The newly elected CM will have his swearing in ceremony on June 12.
Also 112 currently seems to have formed as an immediate support level. This is also a Key Support level now for the stock to maintain in order to go up further.
SWING IDEA - XCHANGINGNSE:XCHANGING has been rallying since the last few months. Currently it is at a S/R zone of 128. We have to wait a couple of weeks to see if this will turn out to be a Support Zone or a Resistance zone.
If it turns out to be a good Support Zone, we also have a MACD crossover incoming and once the crossover completes, it can rally up the stock at least till its Swing High Levels.
Another point to note is while the Lower Low Pattern on Price Action and Higher High Pattern started forming in the April of last year, this is only the next MACD crossover we are going to see after that.
SWING IDEA - BCLINDNSE:BCLIND is currently at a good demand zone. The stock is about to close a gap which was created last March. Some good volume and market conditions and it should be able to close the gap by this week or next week.
It can start pumping up more and reach its Swing High levels once the Gap has been successfully closed. Company also has a strong 1Y Beta of 1.85.
MACD line and signal has a very good split which indicates strong Bullish momentum.
If market conditions are good in the coming days, this trade should not have any issues completing sooner.
SWING IDEA - DELTACORPNSE:DELTACORP has been forming a Lower Low Pattern on the Price Action, while the MACD seems to be forming a Higher High Pattern currently, which could indicate that this stock's Price Action could be reversed and start to form a Higher Higher Pattern too.
In addition, Delta Corp Reports Q1 Consolidate Net Profit At 216.8 Mln.
If all is well, we can start seeing the Price going all the way up to the next Support/Resistance zone.
SWING IDEA - ASIANTILESNSE:ASIANTILES seems to be breaking out from its S/R zone at the 90s level. Watch how the same S/R zone played a crucial role right from April 2020 all the way through April 2022.
NSE:ASIANTILES is revisiting the same levels again after more than 2 years later and also with good volumes and a big green candle as well.
Price Action and Moving Averages also gave a good Convergence Divergence signal back in mid of 2023.
As long NSE:ASIANTILES maintains its weekly closing above this level, it should easily be able to revisit its Swing High levels soon.
Stock looks very bullish over the long run especially.
SWING IDEA - GLANDStock has completed its Correction phase and found its lowest at 860, much below the 1700 IPO listing.
Stock seems to be forming a new Higher High and Higher Low Pattern since Oct 2023.
Also it can be seen following the Trendline as well.
A Hammer on the weekly close last week, could indicate a strong support forming exactly on the Trendline, which is a good sign for further upward move.
If all goes right, the stock could make it to its next leg up.
Stoploss mentioned is crucial. If broken, the stock could start seeing further lows.
SWING IDEA - MAWANASUGStock has currently formed a good support at 116 levels.
It seems to making newer Higher Highs since the last few weeks steadily.
The most recent MACD Crossover has shown a good move upward.
Currently the MACD Cross is in play on the Monthly Charts. Once it completes successfully, the stock could start seeing massive movement upward in the coming weeks/month.