GBPCHF Short Could be potential opportunities for shorts from these supply zones above price on GBP/CHF to trade back down into the equal lows
Analysis
#DOGE 1H. Sideways movement and potential entry point. 11/20/24Elon Musk continues to actively support and promote this cryptocurrency, mentioning it in various contexts (e.g., tweets, interviews, news, etc.), which can influence the coin's price.
After a sharp price increase (a strong impulse), I expect its value to stabilize and remain at the same level for some time (sideways movement, as we see now).
Personally, I will wait for the right moment to open a long position around $0.322, which is considered a key entry zone due to its high-volume level (many pending orders, strong buyer presence).
Nightly $SPX / $SPY Predictions for 11.20.2024🔮
⏰10:30am
Crude Oil Inventories
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
NZD/USD price action: kiwi faces challenges amid dovish RBNZThe US Dollar Index retains its overall strength at 106.3, softened slightly by geopolitical tensions, impacting global markets and trade. Meanwhile, NZD/USD trades at 0.58744, under pressure as RBNZ considers more rate cuts amid low inflation and economic adjustments. Continued USD strength challenges NZ exports, while kiwi's future hinges on RBNZ decisions and US policy shifts. #Forex #USD #NZD #TradingView
NZD/CAD Buy Opportunity Our market update already hit TP on NZD/CAD before with the sell position, which played out well. Now, we're shifting gears with a BUY possibility!
Entry: 0.82530
Take Profit: 0.84505
Stop Loss: 0.81089
This setup is based on a careful analysis of the current market conditions. As always, trade responsibly and manage your risk wisely! This is not financial advice.
$EIGEN/USDT: Falling Wedge Breakout – Ready to Surge!$EIGEN/USDT: Bullish Setup 🚀
EIGEN has broken out of a falling wedge pattern on the 30-minute chart, a bullish reversal structure. The breakout is supported by strong volume, and the price is now retesting the breakout level. If the retest holds, it could trigger a strong upward move. 📈
📌 Entry Point: CMP (~$2.43)
📈 Add-on Zones: $2.30–$2.25 for retests.
🎯 Targets:
- $2.80
- $3.20
- $3.60 (Major Target)
⛔️ Stop Loss: $2.30 to minimize downside risk.
⚖️ Leverage Advice: Use leverage between 2x–5x based on risk tolerance.
#EIGEN #Crypto #BullRun
Sensex Support and Resistance Levels For 21st Nov 2024I’ve created a chart highlighting the key support and resistance levels for #sensex, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
BankNifty Support and Resistance Levels For 21st Nov 2024I’ve created a chart highlighting the key support and resistance levels for #BankNifty, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
Nifty Support and Resistance Levels For 21st Nov 2024I’ve created a chart highlighting the key support and resistance levels for #Nifty, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
EURO - Price can break support level and continue fall in wedgeHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price grew inside rising channel, where it at once broke $1.0835 level, after which rose to resistance line.
Also, in channel, price made a gap, after which rose to $1.0935 points and then started to decline.
Euro exited from channel, and continued to decline inside wedge, where it broke $1.0835 level and fell to $1.0680 level.
Price tried to grow, but failed and later broke $1.0680 level too, and continued to decline next to support area.
When price reached this area, which coincided with $1.0530 support level, it bounced and now EUR trades near it.
In my mind, price can grow to resistance line of wedge and then continue to fall to $1.0425, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Fundamental Market Analysis for November 19, 2024 USDJPYThe Japanese yen (JPY) rose against its US counterpart during Tuesday's Asian session, although it lacked bullish confidence amid uncertainty over the timing of the Bank of Japan's (BoJ) next interest rate hike. In addition to this, risk-on sentiment reflected in the overall positive tone in the equity markets may be contributing to the safe-haven yen's decline.
That said, geopolitical risks and lower US Treasury yields could prevent a significant downside for the low-yielding yen. In addition, speculation that Japanese authorities may intervene to support the national currency may deter bears from aggressively betting on the yen. The focus will now shift to Japan's consumer inflation data and global PMIs due out later this week.
Japan's Economy Minister Ryosei Akazawa said Tuesday that “it is crucial to raise wages for all generations with an economic package.”
He also noted that he is “aiming for the cabinet to approve the economic package soon.”
At the time of writing the analysis, the USD/JPY pair is consolidating on the latest round of declines just above the 154.10 level, having lost 0.36% on the day.
Trade recommendation: Trade mainly with Sell orders from the current price level.
$GOAT/USDT: Bullish Setup with Explosive Potential!$GOAT/USDT: Bullish Outlook
GOAT has been making a rising wedge pattern and took the break at the lower trendline. Today, it's found support near that lower trendline while the price is holding above the 21 EMA on the 4-hour chart, which reflects the strength of the bulls. A breakout above the upper resistance line may create explosive price action.
Entry Point: CMP (~$1.08)
Add-on Zones: $1.02–$0.95 for potential dips.
Targets:
$1.50
$2.00
$2.30 (Primary Target)
Stop Loss: $0.94 to minimize downside risk.
Leverage Advice: Use 2x–5x leverage responsibly.
ASTR/USDT: Bullish Breakout with Targets Ahead!$ASTR/USDT: Long Position 🚀
ASTR has broken out of a descending trendline resistance, signaling a potential bullish trend reversal. The price is now trading above the 200 EMA, reinforcing bullish momentum. A successful retest of the breakout zone could offer a prime entry opportunity for long positions. 📈
📌 Entry Point: CMP (~$0.068) 📈 Add-on Zones: Retests near $0.065–$0.062 for safer entries.
🎯 Targets:
$0.075
$0.090
$0.130 (Major Target)
⛔️ Stop Loss: $0.060 to minimize risk. ⚖️ Leverage Advice: Use leverage cautiously (2x–5x), based on risk tolerance.
#Crypto #ASTR #Bullish
Sell USD/JPY Bearish FlagThe USD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 154.42, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 153.18
2nd Support – 152.55
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Best Regards, KABHI FOREX TRADING
Thank you.
HolderStat | BTC prepare for correction 🔥 Bitcoin trades above $90,000
The end of the previous week ended with outflows from spot BTC ETFs 📉
Bitcoin's dominance corrected after reaching 61%
Crypto-betting platform Polymarket estimates the probability of bitcoin reaching $100,000 by the end of 2024 at 63% 🎲
Analyzing the wallets we tracked led us to the following conclusion 👇
💡 93% of transactions came from selling, which may signal a pending correction.
Gold technical move Gold analysis involves examining the various factors that influence the price and demand for gold in global markets. This includes evaluating economic indicators such as inflation, interest rates, and currency fluctuations, as well as geopolitical events and market sentiment. Analysts also consider supply and demand dynamics, including mining production and investment trends. Gold analysis is critical for investors and traders looking to understand price movements and make informed decisions about buying, selling, or holding gold as part of their portfolio.
Tesla (TSLA) 28/10/24Everybody familiar with head. shoulders, knees and toes?
Tesla still at a discount...
My thought on Tesla is that we get 290 before we come back down to test 250-260/s...
NASDAQ:TSLA
#TSLA
BTC USD UpdateIts been bless to trade this asset, absolutly amazing , in my 17 years of trading i never seen anything move as much as btc .In my 17 years of trading, I've never seen anything move as much as BTC. It's the only asset in the world where you can make more with spot trades than swings. Absolute beast. All we need is 100K and then some, lol. Stay patient, fellow traders.
Bitcoin can exit from pennant, after which starts to declineHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price rose inside the upward channel, where it soon reached the buyer zone, which coincided with the support level. Later, BTC broke this level and rose to the resistance line of the channel, but then it turned around and made a correction movement to the buyer zone. In this area, the price rebounded from the support line of the channel and started to grow, so, in a short time it broke the 68800 level again and then exited from the upward channel. Next, BTC continued to move up inside the upward pennant, reaching the support line and rebounding higher. Later, the price reached the current support level (86600) which coincided with the support area, and soon broke this level, after which rose to to resistance line of the pennant. Then it made a correction movement to the support area, after which turned around and rose back to the resistance line of the pennant. Now, the price continues to trades near this line and I think that BTC can exit from this pattern and little grow more. After this, the price can turn around and start to decline to the 86600 support level. Please share this idea with your friends and click Boost 🚀
GOLD - Price can make small correction and then bounce upHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price declined in falling channel, where it fell below $2655 level and reached support line of channel.
Then price turned around and started to grow inside rising channel, where it soon reached $2655 level and broke it.
In this channel, price grew to resistance line and continued to move up near this line, until it reached $2790 points.
After this, price turned around and started to decline, exiting from rising channel and fell to $2655 level.
Soon, Gold broke this level too and fell to $2560 level, where it bounced from support area and started to grow recently.
I think that XAU can little correct to support level and then continue to move up to $2655 resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BCH Parabolic Incoming?it seems BCH is poised for a parabolic rise,
Technical analysis is saying so, fundamental reasons is there as well as a big update to the core has been commited over the past days, you can read about it here:
u.today
based on the news it now rivals ETH!
"This upgrade fully utilizes Bitcoin Cash's fundamentally more scalable architecture to provide math capabilities that surpass those of Ethereum such as "bare metal" performance, more byte-efficient and cheaper transactions"
let's see how this unfolds.
USDCAD BULLISH SETUPAbove this high we wait for a solid BOS, the nature of a candle close will dictate if we commit to the setup.
We are looking for a candle that fully breaks above, the structure, With the body close above the structure.
This will be an impulsive move.
We identify a market structure that formed prior to the break, and that will be our entry position.
Be sure to use your hard learnt skills to look for an entry around this area. Which will be our POI.
USDCAD Bullish setup.Above this high we wait for a solid BOS , the nature
of a candle close will dictate if we commit to the
setup
We are looking for a candle that fully breaks above the structure With the body close above the structure .
This will be an impulsive move.
We identify a market structure that formed prior the
break , and that will be our entry position.
Be sure to use your hard learnt skills to look for an
entry around this area. Which will be our POI.
