Longterminvesting
Buy SCHNEIDER ELECTRIC for 1-3 years
Bullish golden crossover of 50VWMA and 200SMA indicating bullish potential upside.
Also, a 3-year old base breakout has already occurred and price is currently hovering just above breakout level (between 120-125)
RSI also confirming base breakout.
ADX marking a fresh 5 YEAR HIGH!
Potential targets are 188.15 and then 219-226.
Stop loss can be kept at 97.45
Thus Risk/Reward ratio is favourable at 2.43 and 3.89 (for both targets mentioned above respectively)
NOTE: All the above analysis is based on weekly charts.
Bitcoin to 10k-20k. Hello Traders and Investors,
Bitcoin have officially entered in a bear market since it dropped more than 40%. Every previous bear market was initiated with a 40%+ sell off. The question now everyone is asking "where will be the bottom?".
If you're new to crypto and never experienced a full cycle, then welcome! It is normal to see Bitcoin drop 80-90% from it's ATH to the bottom. Every time Bitcoin does this, it is actually setting up a higher low on a multi-year time frame.
I am a long term crypto/bitcoin bull. But the best way to make money in crypto is to play the cycle. And the best way to play the cycle is be ready for it and not be narrow minded.
As indicated on the chart. Bitcoin always retest its previous ATH before going higher; previous ATH is 20k. THIS IS A GOOD THING! We want price to confirm a solid ground before going higher. Price confirmation is what new and serious investors want to see.
10k is also possible, since that is an attractive price zone which set off the bull market back in 2020. This price area also lines up with the .618 fib, a highly magnetic area in the market. Also, if Bitcoin repeats history with an average of 85% correction from the top. Then 10k lines up perfectly with it as well.
I have outlined the accumulation zone on the chart; between 10-20k. This is where I will be looking to buy into crypto again. There is never an exact price someone can predict for the absolute bottom or top, that isn't the game being played. You just need to have a plan to win in the market. This is my plan.
I believe this bear market will be relatively short compared to the past and I think with mass adoption on the way, the bull market will appear again in the later phase of 2022.
Let me know what you think.
Vikas Prop- Weekly Chart- Trendline Broken & Demand ZoneVikas Prop- Weekly Chart- Trendline Broken & Demand Zone
CMP 2.8 Buy For Target 4-7-9-12+
SL 0
Hold Until Target Reach Or SL Hit
TMRVL- Weekly Chart- Flag&Pole Breakout CMP 16.6 Buy TMRVL- Weekly Chart- Flag&Pole Breakout
CMP 16.6 Buy For Target 20-25-32-38-45+
SL Below 9
NOCIL for solid returnsNocil looks great on all the time frames, though it is trading near its all-time high, the price structure looks quite positive on higher to lower timeframes.
Now if the stock sustains 200 levels on the daily timeframe, it could move fast towards its all-time high i.e 236 levels.
For swing traders SL can be kept below, 200 levels.
For Positional trading, Sl is a little far, but it worth it, because of current and previous price action, suggesting that it could go beyond its all-time high if it sustains 180 levels on its weekly timeframe.
The post is for educational purposes, if you are trading this, you are trading at your own risk.
This is my view/analysis on NOCIL, do let me know, what's your view on the stock.
Take Solutions + Wyckoff Model - LongHere we come across Accumulation phase as specified in Wyckoff Model. As per the model one can take a long position in Take Solutions. The details of the model is described below.
The four stages of Wyckoff model (Accumulation Scheme) are: -
1. Phase A
The selling force decreases, and the downtrend starts to slow down. This phase is usually marked by an increase in trading volume. The Preliminary Support (PS) indicates that some buyers are showing up, but still not enough to stop the downward move.
At Selling Climax (SC) the intense selling activity slows down and comes to an end. But as the selling drops the price quickly reverts into a bounce or Automatic Rally (AR), as the excessive supply is absorbed by the buyers. In general, the trading range (TR) of an Accumulation Schematic is defined by the space between the SC low and the AR high.
As the name suggests, the Secondary Test (ST) happens when the market drops near the SC region, testing whether the downtrend is really over or not. While the ST often forms a higher low in relation to the SC, that may not always be the case.
2. Phase B
Phase B is the consolidation stage, in which the Composite Man starts accumulating the assets at its lowest possible fair value. During this stage, the market tends to test both the resistance and support levels of the trading range. There may be numerous Secondary Tests (ST) during Phase B.
3.Phase C
During Phase C, the Composite Man ensures that there is little supply left in the market, i.e., he accumulates greater amount of shares. A typical Accumulation Phase C contains what is called a Spring. It often acts as the last bear trap before the market starts making higher lows. The Spring often breaks the support levels to stop out traders and mislead investors. We may describe it as a final attempt to buy shares at a lower price before the uptrend starts. The bear trap induces retail investors to give up their holdings. In some cases, however, the support levels manage to hold, and the Spring simply does not occur. Still, the overall scheme continues to be valid. Incidentally in the above case we do not find a Spring.
*See the tremendous accumulation of stock as is evident in volume. However the price shows sidewise movement. The buyer wants to buy maximum shares in a slow pace without letting others know about it.
4. Phase D
Typically, the Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS), making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS), as previous resistances become brand new supports.
Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E.
Phase E
The Phase E is the last stage of an Accumulation Schematic. It is marked by an evident breakout of the trading range, caused by increased market demand. This is when the trading range is effectively broken, and the uptrend starts. As of now Phase E has not started. Since we are at Phase D hope Phase E starts soon.
*Now we are in the accumulation phase.
Wyckoff’s Composite Man Principle – Relevant to above theory
The Composite Man,proposed by Wyckoff in reality, represents the big players in the market such as rich individual and institutional investors. He states that the Composite Man, in theory, acts behind the scene and manipulates the market to the disadvantage of the traders if they do not understand the market game. Conversely, it acts to traders’ greatest advantage if traders truly understand the market game. Wyckoff always wanted retail investors to trade just like the Composite Man who acts in the below mentioned manner: -
(i) Accumulation
The Composite Man accumulates assets before most investors. This phase is usually marked by a sideways movement. The accumulation is done gradually to avoid the price from changing significantly.
(ii) Uptrend
When the Composite Man is holding enough shares, and the selling force is depleted, he starts pushing the market up. Naturally, the emerging trend attracts more investors, causing demand to increase.Notably, there may be multiple phases of accumulation during an uptrend. We may call them re-accumulation phases, where the bigger trend stops and consolidates for a while, before continuing its upward movement.As the market moves up, other investors are encouraged to buy. Eventually, even the general public become excited enough to get involved. At this point, demand is excessively higher than supply.
For more information look in the comments.
#Bitcoin #BTC Has Much more Upside This Cycle:!Bitcoin Has More Upside!
Looking For a Wave 5 (Based on Elliott Wave Theory) To playout over the rest of the year.
This 5 Wave Could Be Bigger Than Wave 3, which is typically the Largest Wave.
Following the Wave 5, we could see an ABC correction..
Like, Comment & Follow For More
DOT/USDT - long-term setup +200% Hello, Traders!
Open interest in the futures market continues to drop. Therefore, the market needs a re-accumulation (as it happened in the September-October 2020 period) to continue the upward movement.
Finding potential long-term trades for the accumulation period would be a good option.
According to the chart, we can see that the DOT has completed its business cycle and the selling has stopped in the $15.00 - $19.00 range.
A long term buy entry can be considered between $16.00 and $19.00
Stop loss for this trade can be placed near $12.00
Long term buy targets are:
$28,50
$34,40
$40,00
$45,50
$48,00
This long-term trade also gives us an excellent risk-to-profit ratio of 1/8
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered an investment advice
NANO/USDT analyse BinanceI think under 4-5 it's undervalued. has nearly 134millions coins that every last of them has been released, it's very good. and the project is working about to get fast transferring with zero fees etc. I would choose this one as 5 % of my portfolio. my long-term target is nearly 25-30.
BYND Super Bullish BTFD I dont care where you sit on the climate change debate as
one thing remains true and that is they want the world eating less meat
and eating this synthetic stuff which will soon enough be in every fridge
in the local supermarket .
Farmers are under constant pressure to reduce Co2 levels etc and cows in this
climate crazy world are harmful...In addition to that the major investor in this
company is buying up farmland like its going out of fashion
Ummm strange huh
Point is we all know where it is going and right now BYND has completed its
retrace and is without question screaming to be bought up so if you want this for the
Long Long term so you can tell the grandkids how you made your millions 30 years from now
then this is the opportunity for you .
Alternatively if you want short- medium term swing trade
to sell at first resistance test around 135/140 then this stock is a win win .
With expansion into the European market place into thousands of retailers during this spring and the
WEF claiming by 2030 that eating actual meat as we know it will become a rarity
its well worth scaling into this one .
Know your Invalidation and always use a stop loss
Like and follow me for analysis and signals
IDFC LTD: 13 years long term channel pattern 🚀 100%RETURN IDFCBUY 45-55
Target 70,95,120
SL 40
POST YOUR QUERY IN COMMENT SECTION