suiusdt long"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Bullish Patterns
injusdt buy"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Decoding Reversals: Technical Analysis of ONGC: Educational postEDUCATIONAL POST
Technical Analysis of ONGC Stock
This post is for educational purposes only and should not be considered as investment advice.
In this post, we'll analyze the ONGC stock chart using technical indicators.
Key Points:
1. Bullish Divergence: Price and MACD are diverging, indicating a potential reversal.
2. Bullish Divergence: Price and RSI are also diverging, supporting the reversal idea.
3. Resistance Breakout: The stock has broken through a key resistance level with strong volume.
4. MACD Turns Positive: MACD has turned positive after the breakout, confirming the reversal.
5. Elliott Wave Counts: Wave counts suggest a potential reversal.
What to Expect:
Based on these indicators, we can see a potential reversal in ONGC's stock price. It may retrace to Fibonacci levels (50-61.8%) before continuing upward.
Conclusion:
This post is meant to illustrate how technical indicators can be used to analyze a stock chart. Please do your own research and consult with a financial advisor before making any investment decisions.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Understanding Reverse Repo Agreements: The Q1 Liquidity DanceUnderstanding RRPONTSYD: The Quarterly Liquidity Dance and Its Impact on Markets
The term RRPONTSYD, which stands for "Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve," might sound complex, but it's pivotal in understanding financial market behaviors, especially at the end of each quarter. Here’s an exploration of this mechanism, why it spikes, and what it means for liquidity and the stock market.
RRPONTSYD is essentially a tool used by the Federal Reserve where it sells securities to banks or financial institutions with the agreement to buy them back the next day. This process acts like a secured overnight loan from the banks to the Fed, designed to manage the money supply in the economy. Its purpose is twofold: to control short-term interest rates by offering a safe place for excess cash and to absorb excess liquidity from the system which could otherwise lead to inflation or push rates below the Fed's target.
Every quarter, RRPONTSYD tends to spike due to a combination of tax payments and financial reporting. Large sums are moved to the Treasury General Account for tax obligations, significantly reducing the cash available in banks. Additionally, banks engage in what's known as "window dressing," adjusting their balance sheets to look more robust for quarterly reports by using reverse repos to manage their liquidity or leverage ratios. This spike represents a temporary parking of cash at the Fed, often for earning a small return or to manage financial obligations.
The behavior of RRPONTSYD after this spike can have significant implications for markets:
If these agreements remain high after a spike, it signals that liquidity is being withheld from circulation. This can lead to higher borrowing costs and less capital available for investment or consumption, potentially resulting in a bearish outlook in the stock market as investors might see this as an indication of a tighter monetary policy or reduced market liquidity.
Conversely, a sharp drop in RRPONTSYD after a spike suggests that the cash is re-entering the financial system. This influx of liquidity can lower short-term rates, making borrowing cheaper and encouraging investment. The stock market often reacts positively to this scenario, viewing it as a bullish sign since there's more capital available for stocks, potentially driving up equity prices.
Understanding the dynamics of RRPONTSYD offers a window into how monetary policy, liquidity, and market performance are interconnected. Whether these agreements spike and then fall or remain elevated can serve as an indicator for market conditions. However, investors should always interpret these signals within the broader context of economic indicators, Federal Reserve policies, and global financial trends.
To conclude, today represents a significant point as the markets open for Q1 2025 as the vast majority were closed through New Years Day. Bullish investors want to see an IMMEDIATE drop in these rates with the most bullish scenario dropping below the 100 billion dollar mark by early next week. A significant drop is the LIKELY scenario as this scenario playing out indicates a high probability of upside continuation for the markets
Crypto Market analysis - Total 2TOTAL2 has been a very reliable chart to base the bull runs on. We're looking at it now to see where we could potentially reverse. For this chart to be bearish, we would have to take out the low at 850 billion. As long as we put a higher low above that, the chart will remain bullish in the longer term.
Between August and November, we went through an accumulation phase, where we put consecutive higher lows after completing a bullish harmonic. We can also see that from the low to the first higher low, before breaking out of the exponential down curve, we retraced a perfect 0.786, which is very typical of a wave 2 retracement. If you then take the Fibonacci extension levels from the high to the low, we hit a perfect 4.618 extension, which is uncommon but very possible for a wave 3 extension. This would currently put us in a wave 4 correction.
We have retraced and have today cut through the 0.382 retracement level and are sitting at the 1.26 support. However, this isn't a reliable support, as it only acted as resistance in the past and has never been held as support. We could, therefore, expect to go lower, and the next level would be the 0.5 retracement level at 1.21 trillion.
For a wave 4, it is common to retrace between the 0.5 and 0.618, and the 0.618 is around 1.11 trillion, which is where the next zone of support sits. I would, therefore, find it possible, if not probable, to retrace all the way down to the 0.618 at 1.11 trillion dollars and accumulate within that zone of support before the next substantial rally.
The next substantial rally will hopefully bring us to all-time highs, but it does not necessarily have to do that. We could retrace and put in another lower high, which would, at that point, confirm distribution and likely indicate a mid-to-long-term pause in the bull market, if not a reversal into a bear market. Until this happens, or we take out the low at 850, we remain bullish.
The last points to consider are that we didn't distribute at the highs and didn't have a major liquidation event, this suggests that these assets will revisit the highs or have deep retraces into them. We are also developing bullish divergence which will mature as long as we stay above 850 b. For that reason, we are not selling anything at these prices.
Conclusion
Analyze prices carefully around these levels:
The current support at 1.26.
The next support at 1.11 trillion.
Look for TOTAL2 to showcase bullish accumulation or reversal.
Once TOTAL2 signals its direction, focus on individual assets that align with the macro trend.
Updates on specific positions will follow.
CADCHF Potential UpsidesHey Traders, in this week we are monitoring CADCHF for a buying opportunity around 0.62900 zone for a buying opportunity around 0.62900 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.62900 support and resistance area.
Trade safe, Joe.
USOIL Potential UpsidesHey Traders, in this week we are monitoring USOIL for a buying opportunity around 71 zone, USOIL for a buying opportunity around 71 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 71 support and resistance area.
Trade safe, Joe.
Gold Is Nearing An Important SupportHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2610 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2610 support and resistance area.
Trade safe, Joe.
BTC QUICK UPDATE: Falling Wedge Breakout in Sight?🚀 Hey everyone! 👋
If this analysis excites you, hit that 👍 and follow for more high-value trade setups that deliver results! 💹
🎉 Happy New Year, Everyone! 🎉
Wishing you all a prosperous start to 2025! Let’s hope this is the year of the real Altseason where we all make life-changing gains. 🚀💰
BTC is forming a falling wedge pattern on the 4-hour timeframe—a classic bullish setup. It’s currently attempting a breakout, and once we see a confirmed 4-hour close above this wedge, we could witness a solid 8-10% rally, potentially pushing BTC above the $100K mark!
🔍 Key Levels to Watch:
Entry Range: GETTEX:92K –$94K
Targets: $100K–$104K (Short-term rally).
Invalidation: 4-hour close below $91K will nullify the setup.
📈 Why This Matters:
The falling wedge is one of the most reliable bullish continuation patterns. With BTC holding above critical support and momentum building, this could be the perfect setup to kickstart 2025 with strong gains!
💬 What’s Your Take?
Are you seeing the same breakout potential? Let us know your thoughts, analysis, or predictions in the comments below. Let’s crush it together this year and ride the wave of profits! 🌊🔥
HBAR TRADE IDEA Hedera HBAR has held up better than the majority of alts have since the peak of the Trump pump in early December '24, sitting above the 4H 200 EMA were most alts have now lost its support.
The chart is a simple one, we have a clear range marked out between $0.395 - $0.235 with price currently at the 0.25 line. Just below that is the 4H 200 EMA which coincides with the bullish OB creating what should be a strong level of support. Naturally the invalidation for a trade at the level would be acceptance under these key supports.
There is a clear LTF downtrend, a breakout of that range could be a good trigger for a long position with the range quarters acting as take profit levels. With alts still very much tied to BTC and as it stands the price action is stagnant due to end of year window dressing and lack of volume, this should change next week and if the ETFs continue inflows this will help HBAR and alts increasing the positive probability of the long. If BTC starts the year poorly then the SL comes in as the bullish trend is lost.
Happy Crypto New Year 2025! 🎉💰Happy Crypto New Year 2025! 🚀✨💰🎉
As we welcome another exciting year, let’s remember: 🔑 Your crypto wallet is like your toothbrush—keep it safe, private, and never share it! 🪥
🌟 2025 Crypto Resolutions for Success:
1️⃣ DYOR (Do Your Own Research): Before you HODL, read, learn, and understand. 📚
2️⃣ Embrace the DCA (Dollar-Cost Averaging) : Timing the market is tough; consistency is 🔑.
3️⃣ Secure Your Assets : Use hardware wallets and enable 2FA. Don't get rugged this year! 🔒
4️⃣ Stay Updated: Crypto trends change faster than your favorite meme coins’ charts. 📰
🚀 Fun Crypto Fact:
If you invested $10 in Bitcoin in 2010, you’d have over $250 million today. Start small—dream big! 🌌
🎭 Entertaining Thought:
"Crypto is the only market where people panic when prices are low and celebrate when it’s expensive. Let’s flip that mindset in 2025!" 🤔🎉
💡 Pro Tip for the Year:
The next bull run is built in the bear market. Learn, strategize, and prepare—2025 could be your year! 💼📈
To our amazing community:
This year, let’s not just trade—let’s grow, innovate, and dominate. Together, we’ll explore new opportunities in blockchain, NFTs, DeFi, and beyond. 🌍✨
🎊 Here’s to a prosperous, joyful, and crypto-filled New Year! Drop your 2025 crypto goals in the comments! Let’s inspire each other.
💬 #HODL #CryptoNewYear #Blockchain2025
Bitcoin Retested A Major Support To The Dollar!Greetings Traders,
I hope you all had a Merry Christmas and are bracing yourself for a massively bullish new year full of health and wealth along the way.
Today, we have seen Bitcoin retest our major support (previously resistance). Remember, this trendline was drawn from the wick high of April 2021 to the wick high of November 2021. I then extended this line infinitely to the right. This gave me my end of year target for 2024 a year and a half in advance. It has proven to be significant in the previous weeks as we bumped our heads up against it as resistance. Now, it has proven to be support. Should we break to the downside of this trendline, the drop would be pretty big and I would re-analyze and update at that point. For now, our trendline is holding price above 92k and we have bounced nicely. You all should have this line drawn on your Bitcoin chart. I don't care what any other analyst states (I really don't know any others that have spotted this TL), this line is critical! Watch it closely.
✌️ Stew
RAY ANALYSIS📊 #RAY Analysis
✅There is a formation of Descending triangle pattern on 8hr chart 🧐
Pattern signals potential bullish movement incoming after a breakout.
👀Current Price: $4.845
🚀 Target Price: $5.333
⚡️What to do ?
👀Keep an eye on #RAY price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#RAY #Cryptocurrency #TechnicalAnalysis #DYOR
HOVR Heading For New Horizons?! Cup & Handle Set-UpLets break down NASDAQ:HOVR on the Daily Chart!
Price from Mid-Sept to Early-Dec outlined the "Bowl" of the Cup and on Dec. 11th, Price made the Retracement to the Golden Ratio Zone to start the "Handle"!
Today we have Price printing a STRONG Bullish Candle Breaking the Confirmation of the Cup & Handle Pattern @ .8799!
Fundamentally, NASDAQ:HOVR secured a $8.4 Million investment from an "unnamed investor" to help with the advancement of the Hybrid Electric Vertical Take-off Aircraft, the Cavorite X7.
-https://www.tradingview.com/news/mtnewswires.com:20241220:A3286797:0/
*In order for the Pattern to be Validated, WAIT for Price to Close above Confirmation @ .8799, then we will expect Price to come back down to Retest the Break @ ( .8900 - .8799 ), THEN the Pattern is Validated and we can look for Buying Opportunities!!
Indicators:
-RSI Above 50
-BBTrend Printing Green Bars
-Bullish Volume Building
SOL intraday Sentiment confirmation (LONG)Entry Criteria:
- EMA Cross: 24/42 EMAs cross to signal trend shift/continuation.
- Pivot Gain: Regain 2H-bias line (P1) and daily open (P2) to confirm support/resistance.
Exit:
- EMA Cross: Close on 12/21 EMA cross to secure profits or reduce losses.
Or
- 3R fixed for 50% or 100% TP
Confirmation:
- Daily Open respected/aligned for conviction.
- Supertrend (30M) matches trade direction.
Non-Trading Zone:
- Avoid trades in "Dead Space" (P1 ≤ x ≤ P2) due to low probability.
So, first i want price to close at a least one 15M candle above the ''Top dead-space'' in order to enter.
Current structure score:
- Structure: 1D: UP | 4H: UP | 1H: DOWN | 15M: UP |
- First 2H (15M): UP
- 15M Sentiment: EMA's: UP | ATR: UP
- Up score 7/7
EIGEN - Box is brokenBINANCE:EIGENUSDT (1h CHART) Technical Analysis Update
EIGEN is currently trading at $3.578 and showing overall bullish sentiment sentiment
Price was trading inside the box for couple days and expecting to breakout from the box soon. There is a good potential for long trade here.
Entry level: Candle close above $3.68
Stop Loss Level: $ Below 3.204
TakeProfit 1: $3.875
TakeProfit 2: $ 4.180
TakeProfit 3: $ 4.592
TakeProfit 4: $ 5.035
TakeProfit 5: $ 5.612
Max Leverage: 5x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
Ethereum (ETH) – Key Technical OutlookPrice Action & Sentiment:
Ethereum's current price action suggests upside potential, though a decisive move above the $3,500-$3,600 zone is needed to reignite short-term bullish momentum and shift market sentiment.
Ethereum appears undervalued by 30-50% relative to current market conditions, adding to the attractiveness of its long-term growth potential.
Support & Resistance Levels:
Support: The $2,900-$3,100 range remains a crucial support zone. A retest of this level, especially following mid-November lows, could reset sentiment and provide a stronger base for future growth.
Resistance: Breaking through the $3,500-$3,600 resistance zone would signal a significant shift in sentiment and encourage further bullish momentum.
Broader Market Context:
This setup mirrors historical patterns observed in previous crypto bull cycles, where a period of consolidation or a retest of key support levels often precedes substantial upward movement.
Broader market strength and positive sentiment shifts could act as catalysts, especially as the macroeconomic environment becomes more favorable.
Outlook:
If Ethereum's technical structure holds and broader market sentiment improves, the potential for significant growth remains high.
Investors should monitor price action around the $3,500-$3,600 zone for signs of a breakout and pay attention to the $2,900-$3,100 support for risk management.
Conclusion:
Ethereum is well-positioned for long-term growth, but near-term selling pressure could lead to a retest of critical support levels. A break above $3,500-$3,600 would signal bullish momentum, while holding above $2,900-$3,100 keeps the technical structure intact. This setup offers a compelling opportunity in alignment with previous bull cycle patterns.
Archer Aviation (ACHR) AnalysisCompany Overview:
Archer Aviation NYSE:ACHR is a trailblazer in electric vertical takeoff and landing (eVTOL) aircraft, aiming to transform urban air mobility (UAM) with environmentally friendly, high-tech transportation solutions. Positioned at the intersection of aviation innovation and sustainability, Archer is set to unlock massive market potential.
Key Catalysts for Growth
Urban Air Mobility (UAM) Market Boom:
With the UAM market projected to grow exponentially, Archer’s eVTOL technology positions it as a frontrunner in urban transportation solutions.
Increasing urbanization and the push for decarbonized transport drive demand for advanced air mobility solutions.
Strategic Partnerships:
Stellantis Partnership: Accelerates Archer’s manufacturing scale, leveraging Stellantis’ automotive production expertise to ensure efficient mass production.
Anduril Industries Collaboration: Expansion into hybrid VTOL military aircraft opens a pathway to tap into lucrative defense budgets, creating a diversified revenue stream.
Financial Backing:
Archer’s $430 million equity infusion from blue-chip investors bolsters its balance sheet, enabling sustained investment in R&D and manufacturing expansion.
Regulatory Advancements:
Progress toward FAA certification supports Archer’s goal of launching commercial eVTOL services by 2025, further enhancing market confidence.
Defense Opportunities:
Developing military-grade hybrid aircraft provides entry into a stable and high-margin sector, aligning with national defense priorities for innovation and sustainability.
Market and Financial Outlook
Revenue Potential: As Archer scales production and initiates commercial operations, revenue growth could accelerate rapidly, supported by early-mover advantages and a growing addressable market.
Diversified Portfolio: Balancing urban air mobility and defense projects mitigates risks while enhancing long-term growth prospects.
Investment Thesis
Bullish Case:
Archer is uniquely positioned to benefit from the convergence of urban mobility innovation, sustainability goals, and defense modernization.
Entry Point: We are bullish on ACHR above $8.00-$8.20, reflecting a solid technical setup and strong fundamentals.
Upside Target: Our price target is $17.00-$18.00, underscoring confidence in Archer’s ability to execute on growth opportunities in the UAM and defense sectors.
🌟 ACHR—Pioneering the Future of Sustainable Aerial Transportation. #UrbanAirMobility #Sustainability #DefenseInnovation
Advanced Micro Devices (AMD) AnalysisCompany Overview:
Advanced Micro Devices NASDAQ:AMD is a global leader in high-performance computing, graphics, and AI solutions, catering to enterprise, gaming, and data center markets. The company's strategic focus on innovation, competitive pricing, and market expansion has solidified its position as a compelling alternative to larger industry players.
Key Growth Catalysts
Data Center Momentum:
AMD’s EPYC CPUs and Instinct GPUs are gaining significant traction among enterprise and cloud customers.
Increasing adoption of AMD’s products by major hyperscalers reflects its strong positioning in AI workloads and high-performance computing (HPC).
AI Leadership Expansion:
Recent acquisitions of Silo AI and ZT Systems bolster AMD's expertise in AI model development and HPC systems, addressing growing demand for scalable AI infrastructure.
Partnerships with leading cloud providers like Microsoft Azure and Google Cloud further strengthen its foothold in the AI and gaming-as-a-service markets.
Gaming and Graphics:
AMD’s Radeon GPUs and Ryzen CPUs remain highly competitive in the gaming sector, supported by robust demand for gaming consoles and PC components.
Collaboration with console manufacturers like Sony (PlayStation) and Microsoft (Xbox) ensures consistent revenue streams.
Innovation and Pricing:
AMD’s focus on delivering price-performance leadership positions it as a viable competitor to industry giants like NVIDIA and Intel.
Cutting-edge technologies like 3D chip stacking and advanced manufacturing nodes give AMD a technical edge.
Financial and Market Outlook
Strategic Partnerships: Collaborations with Microsoft and Google provide long-term growth potential in cloud computing and AI services.
Revenue Growth: AMD’s expansion into AI accelerators and HPC ensures consistent double-digit growth in revenue and profitability.
Investment Thesis
Bullish Case:
We remain bullish on AMD above the $108.00-$110.00 range, supported by its strong product lineup, strategic acquisitions, and partnerships in key growth sectors like AI, cloud, and gaming.
Upside Potential:
Our price target is $225.00-$230.00, reflecting confidence in AMD’s ability to expand market share and sustain innovation-driven growth.
🚀 AMD—Leading the Next Wave of High-Performance Computing and AI Transformation. #AI #CloudComputing #Gaming #HPC
US30 Bearish to Bullish Play for the Week So US30 hit a nice bullish Rally from the divergent bottom but we were not able to break through 35.400 even though we broke the 4hr daily yellow trendline to the upside.
We broke back into bearish territory Friday before close. So now I am looking at a weekly consolidation candle from last week giving me a projection for another possible consolidation week starting with a drop to the 42.450 area then I expect bulls to come In ultimately pushing price higher breaking through our 1st major resistance 34.400 into our 2nd major resistance 35.550, if we manage to break through both expect a bullish Rally into our next Major Resistance at 44.450. This week could close as another doji consolidation week if so I’m holding bottom buy entry to swing exits.
I’m looking for a higher low this week giving us a wick on this weekly candle, I have a sell limit placed (shown on chart) and will possibly put a buy limit at the target price.
FULL BEARISH SCENARIO: If we manage to break through 42.440 in a major way expect 42.250 next and a full break through that level would go to next major support zones at 41.900 & 41.650
May the pips be in our favor.