NESTLE INDIA 60 DAYS BREAKOUT BEING READYHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Trend Lines
BHEL Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
BNB → Big accumulation. In step with the distributionBINANCE:BNBUSDT is trying to move into the realization phase after quite a long accumulation, thanks to which the coin can give a very good growth
The coin tested the strong support of 645 within the correction. False break of the support and quite aggressive buyout of the fall indicates buying potential. Bitcoin, which is testing the highs and ready to go even higher is a good driver for BNB
Accordingly, the focus is on near-term levels. If the price can break the near-term resistance and consolidate above, the market will further go to break ATH and try to renew it.
Resistance levels: 761, 793
Support levels: 691, 645
I don't exclude that the unexpected correction of bitcoin can provoke a correction in the cryptocurrency market, but in general the structure is bullish. High probability of resistance breakdown with the purpose of continuation of movement
Regards R. Linda!
SPDR S&P China ETF | 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
# SPDR S&P China ETF
- Double Formation
* 60.00 USD | Trendline Area 1 | Subdivision 1
* 80.00 USD | Trendline Area 2
- Triple Formation
* Neckline | Confirmation & Continuation | Subdivision 2
* Retracement | Uptrend Bias
* 012345 | 345 Template Settings | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Go ahead and try shorting gold!Bros, due to the renewed tension in the geopolitical situation and the surge in risk aversion in the market, gold has risen sharply in the short term, and the current highest has reached around 2618. However, the continuity of the gold market, which has risen due to news stimulation, remains to be seen!
And from the chart, although gold has risen strongly, it still faces resistance in the 2720-2725 area in the short term. This is the last line of defense in the bear market, so it is not easy for gold to continue to break through. If gold fails to successfully cross this resistance area, then after consuming the bullish momentum to a certain extent, gold may retreat again and retest the 2700-2695 area.
So in terms of short-term trading, I will still not give up shorting gold. I will still try to add positions to continue shorting gold based on the 2720-2725 resistance area! Do you think gold will pull back? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
RIPPLE (XRPUSDT): Your Trading Plan to BuyFollowing a recent bearish movement, 📈XRP corrected to a significant support level that was previously broken.
Look out for a bullish flag pattern on the 4-hour chart for potential buying opportunities based on the current trend.
Confirmation of a potential upward movement will be a candle closing above the resistance level of the bullish flag
Once this occurs, consider buying the coin with the expectation of it reaching at least the 2.91 level.
USOIL Bullish Breakout: Wedge Pattern Analysis on H4On the H4 timeframe, USOIL has breakout above a wedge pattern, signaling a potential shift toward bullish momentum. The breakout is visually projected using an orange-colored box, highlighting the zone where the price successfully moved above the wedge's upper boundary. This breakout indicates an increase in buying pressure, suggesting that the price may trend higher in the near term.
The next key resistance levels to watch are 71.3 and 72.2, which align with significant historical price zones and are set as profit targets. Caution is advised, as a reversal that pushes the price back into the wedge would invalidate this bullish outlook. It is advisable to place a stop-loss just below the wedge’s upper boundary.
Disclaimer:
This analysis is part of a trading plan and does not constitute trading advice. Technical analysis is probabilistic in nature and does not guarantee profitability. Always implement proper risk management in every trading decision.
AAVE to 400$📈 Trend: The chart shows an upward trend within a channel.
🛑 Resistance: Key levels appear around $200 (🔍 "Wait for break $200"), $251.69, and $360.28.
🟢 Support: The highlighted level at $175.55 acts as a significant support zone.
⚠️ Breakout Watch: A breakout above $200 could signal further upward momentum.
🔺 Targets: Next potential resistance levels after $200 are $251.69 and $360.28.
Summary: 🚀 Wait for confirmation of a breakout above $200 before entering a long position. If it holds, watch for movements toward the higher resistance levels. 🛡️ Protect against drops near $175.55.
CHFJPY: Intraday Bearish Move Confirmed 🇨🇭🇯🇵
I think that CHFJPY may retrace from a key daily horizontal resistance.
I spotted a formation of a symmetrical triangle pattern on an hourly time
frame after its test.
The breakout of its support line indicates a local strength of the sellers.
We can expect an intraday bearish movement at least to 171.82 level.
❤️Please, support my work with like, thank you!❤️
EURUSD → False breakout of resistance. DowntrendFX:EURUSD is testing resistance in the downtrend phase. The maneuver ends with a false breakout of resistance at 1.067.
On the daily timeframe the price is squeezed between the strong resistance at 1.06011 and the local support at 1.05. So, if the bears keep the defense below the key resistance, the currency pair will continue to fall in the short term. The target in this case may be the area of 1.05 - 1.044.
But, technically, the retest of 1.067 may provoke a local breakout of the level and the price movement to the channel resistance against which there will also be a high probability of formation of a false breakout.
Resistance levels: 1.067, 1.965, 1.076
Support levels: 1.0448, 1.0331
Emphasis on resistance. Confirmation of the nearest resistance in the form of price consolidation below the level, if retested, could be a good entry zone. But if resistance is broken, the focus will shift to 1.065 - 1.067
IRFC - Change in market structure break of double bottom patternIRFC on daily timeframe witness change in market structure by forming higher high and higher lows as well as breakout of the trendline showing a bullish potential up to the retracement level by aiming 1st target of 180 and 2nd target of 192, managing risk by keeping a stoploss of 154
GBPUSD InsightHello, subscribers!
Great to see you all. Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- The U.S. November Consumer Price Index (CPI) rose 2.7% year-on-year and 0.3% month-on-month, aligning with expectations. While the prospect of a 25bps rate cut at the December - - - - FOMC meeting has strengthened, there is a growing consensus that the pace of rate cuts may slow next year.
- Reports suggesting that BOJ officials believe delaying a rate hike until January or slightly later would not incur significant costs have led to yen weakness.
- The Bank of Canada implemented a 50bps rate cut as expected by the market.
- The European Central Bank (ECB) is anticipated to lower its benchmark rate by 25bps.
Reports from foreign media indicate that China may consider tolerating a weaker yuan next year to respond to tariff threats from Trump’s second administration.
Key Economic Indicators
+ December 12: ECB interest rate decision, U.S. November Producer Price Index (PPI)
+ December 13: U.K. October GDP
GBP/USD Chart Analysis
It appears that the pair has maintained its upward trend, finding support around the 1.25000 level and climbing to the 1.28000 level. Further gains are expected, with the next potential resistance around the 1.30000 level. However, it remains uncertain whether the pair will reach the peak of the trend afterward.
In the short term, the trend leans bullish, while the long-term direction will require further evaluation.
If unexpected movements occur, strategies will be adjusted swiftly.
Crocs | CROX | Long at $98.00If the overall/long-term upward momentum continues, Crocs NASDAQ:CROX may be nearing bounce territory at $98 as it reaches the bottom of my selected historical simple moving average (SMA). While there may be a near-term downtrend to close out a few price gaps ($80s-$90s) below the current price, the stock looks incredibly poised for an upward move as the Santa Claus rally nears. Fundamentally, a P/E of 7x, low debt, and a low float (56M) with 7% short interest all works in the favor for this stock/company. Thus, at $98, NASDAQ:CROX is in a personal buy zone.
Target #1 = $110
Target #2 = $125
Target #3 = $135
Target #4 = $155 (long-term)
TSLA: Will History Repeat?Last year we had a similar bullish flag pattern with one fakeout, then price descending towards lower trend line. Last year after this the price began to rally 90% to the upside. I have no idea what will happen but found this interesting and thought I'd share.
Trend lines are drawn on the daily chart so they might look a bit funny here.
👽XRP - One Triangle To Rule Them All!XRP has formed a MASSIVE multi-year triangle. Combine this with multi year MACD and RSI in very bullish posture we are really on the precipice of an explosive move in the coming weeks / months.
This is a long term play and I think will take a while to happen.
Once we get above previous ATH I'm looking at $10 - $20 for the long term target.
Patience will be rewarded with this one guys.
AIOZUSD - Retrace completed. $1.5-$2 next?I look to the weekly timeframe to identify trends and continuation setups. AIOZ's price action has a degree of relative strength in the ALT market. We see the relative strength when we see the price bounce strongly off the 20DMA, compared to DOGE and BCH which sit just below the 20DMA. Strong support exists around $1, from the 20DMA to the horizontal support from the March 2024 peak. These signals suggest the $1 support will hold in this bull cycle and was a great buying opportunity for a new leg higher.
Observations from the Analysis
Relative Strength:
AIOZ's strong rebound off the 20-day moving average (20DMA) is a significant indicator of relative strength, particularly when compared to assets like DOGE and BCH that are underperforming relative to the 20DMA. This suggests stronger demand and bullish sentiment for AIOZ.
Support Around $1:
The $1 level is reinforced by multiple support factors:
20DMA proximity: Indicates dynamic support.
Horizontal support: Derived from a previous high in March 2024, highlighting historical significance. These overlapping supports increase the probability of this level holding during retracements in a bull cycle.
Continuation Setup:
If $1 holds and we see continued higher lows and strong volume, it could signal a continuation of the uptrend, offering a potential entry for the next leg higher.
Considerations
Volume Confirmation:
For the breakout to be validated, watch for a significant increase in volume as the price moves higher from support.
Market Conditions:
Given the overall altcoin market sentiment, external factors like BTC's dominance and macroeconomic trends should be monitored.
Next Steps
Monitor AIOZ’s behavior around $1 with weekly closes for confirmation of support.
Compare its performance with the broader altcoin index to ensure its relative strength persists.
Track for any divergences in RSI or other momentum indicators that could signal weakening.
If you'd like, I can provide real-time data or technical charts to supplement your analysis further.
$BTC Moment of Truth - Massive Move Ahead!This whole move up to $100k appears to be topped out and coming to the final squeeze.
Going to be a drastic move in either direction very soon.
CRYPTOCAP:BTC is either going to $115k or ~$85-90k.
My Spidey-senses lean towards the latter; Bull Trap.
Volume has been falling off a cliff during this rally, showing a strong case for a Bearish Divergence.
If that happens, expect a drastic sling-shot rebound, so get your bids in now.
I do expect a Santa Rally EOM.