Typically, when you see moving averages get tighter and tighter together, there is a big move coming and its typically in the direction of the side that current prices action is on. This bunching of moving averages happens on many assets but for crypto, the moves that happen after are exponential. As an avid Cardano contributor and trader, here is what I am seeing...
Multi-Timeframe Analysis on Hindustan Copper
Short Term View: Daily
Double Bottom BO done @ Daily timeframe for Target of 350. Just needs to sustain above 290 WCB. On the way, watchout for immediate resistances at 302, 310, 330
Medium Term View: Weekly
Flag Pattern BO confirmed on Weekly timeframe. At the same time, it is facing resistance from previous...
In this GOLD/USD trading analysis, we delve into the market movements since 2020, focusing on the formation of a harmonics pattern and the confirmation of the previous low-loading region as support. Notably, the market surpassed resistance around $1500, signaling a significant bullish momentum. Further analysis of the daily timeframe reveals a trend of treating...
GRTUSDT 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 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
NASDAQ:AXSM
- Has been showing strong upside movements with healthy corrections for a while now
- Down about 28% from all-time-high now
- Strong support levels down from the current price ~$70
- Overall doing great as a company
- Take Profit ~$89 as it fills a gap, conservative estimate
- Higher profit can be achieved in the long term
- Stop loss slightly...
EURUSD 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 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new HH.
What you guys think of this idea?
NASDAQ:LMB
- Been bullish for a while
- Showing support on a strong support level ~$40
- Down ~20% from all-time high
- Company doing well generally
- Take profit 1 ~$48
- Take profit 2 Open
- Stop loss below Dec 2023 low of ~$37
I'll be going only with the $48 as I am not looking for a long-term investment
*Not Financial Advice*
A good breakout with heavy volumes ND strong rsi was done in tata consumer.
Buy it at 1191-1240
Target 1280 1470
Sl 1165
There is high possibility that 23% will be achieved with in 5-11 week
USDCDAD is a hard pair to expect its next move, but now we have this nicely respected up trendline. if we look at the trand line and put our fib tool we will see that we are near the trend an also near the fib 61% and 71% FIB levels.
all we can do now is to wait for a bullish price action around our 2 point ( fib level, trendline ) and from there we can enter a...
RAYUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be...
AUDNZD has formed double bottom with strong bullish divergence and bulls have shown the bullish reaction as well and has given the breakout of 1.0620 level with massive buying.
Currently the price is facing strong resistance around 1.0695 region but seems like bulls will break through it.
if this breakout happens the next optimum target will be 1.0810.
New week, same old opportunities..
Based on the chart, we are still in a bullish cycle, SOL has just completed a correction to complete wave 4, so from here we are expecting the price to go up, in order for wave 5 of wave 3 to be completed, then we will follow what the market price gives us.
For now ride the wave to the ATHs.
I am a previously successful trader who has been out of the game for a few years but I am getting back in to pay off some short term debt and I need to generate some extra income to pay off this high amount of short term debt. I am choosing options again because that is where I was successful before. I turned $2k into $20k 5 years ago and I believe I still got it!...
I generally don't look at 3M charts, nor do I ever have this many indicators on my charts...
BUT they're all aligning - pair that up with an OpenAI partnership and there's no where but up from here.
Match Group is the company behind Tinder, Match, Hinge and a total of 40ish relationship apps - I'll breakdown my theory as simple as possible...
I can...
Oracle , a Texas based software and cloud giant is making a good possible buy opportunity. What to watch?
1. Weekly chart is showing some healthy pullback to it's previous highs sitting at around $103.73-106.56 price level.
2. When you take the Fibonacci tool and place it on the bottom of the chart which crossed the 200EMA , colored black, and take it to the...
Dr Lal PathLabs net profit zooms 54% to Rs 81.3 crore in Q3. Yet the stock is consolidating in the same place for a week, even NSE:CNXPHARMA is trading at the ATH. This might be a very good chance to enter at below price of 2400 (2394) with 1.5% stoploss.
Hi Traders!
There may be a break soon as USDCAD looks to test the 1.35440 resistance area for a third time.
Here are the details:
The price action looks bullish; the market swings are getting higher, and the 20 EMA support re-test has held.
Our idea here is to buy market dips leading up to 1.35440 for a possible break above if the bullish momentum continues....
