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Candlestick Analysis

Ethereum’s Next Big Move: Don’t Miss This Game-Changing Setup!I am back and live on January 18th with a crucial Ethereum (ETH) breakdown! 🚀 In this video, we dive into potential bullish momentum for Ethereum, identifying key levels for buying opportunities and explaining the recent market reaction to altcoin rotations, including the hype around Trump’s meme coin. We start on the weekly time frame, reviewing the inverted head-and-shoulders pattern and the strong bounce off the $2,930 support level. On the H4 time frame, we analyze critical market structure breaks and price sweeps, signaling ETH could push towards $3,599 and potentially $3,760. If we get a candle closure above $3,320, this could be the weekend setup you don’t want to miss! 🚨 Let’s break it down and capitalize on this opportunity. 📊 Targets: • $3,599 • $3,760 ⚠️ Are you ready for the next Ethereum move? Watch the video for detailed insights, setups, and market sentiment analysis.
Long
by BlueOceanFxAcademy
DOT Poised for a Breakout: Key Levels and Price Recovery OutlookHello, Traders! After reaching its highest point since last March, DOT price entered a correction phase, dropping over 40% from its recent peak. However, it's showing signs of recovery and is currently trading above the $7 price level. At this stage, it's highly probable that DOT has established a local bottom at the $6 level, making it unlikely that the price will drop below this support area under current market conditions. Looking ahead, there are two key resistance levels to monitor at $8 and $9. Breaking through these levels could open the door for a significant rally, with the potential to push DOT above the $12 mark — a price point not seen since 2022. From a mid-term perspective, DOT continues to exhibit bullish tendencies, supported by improving market sentiment and increasing interest in the broader Polkadot ecosystem. As development activity and adoption grow, it's only a matter of time before the price begins to climb again. Please don’t forget to boost this idea and leave your comments below.
by Real_CryptoRoy
Good Results makes Reliance a great oppertunityReliance Industries Ltd. engages in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, FMCG, and telecommunications, Digital Entertainment and Media. Reliance is one of the biggest Indian companies and vivid sectoral presence. Reliance Industries Ltd. CMP is 1302.35. The Positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Annual Net Profits improving for last 2 years. The Negative aspects of the company are high Valuation (P.E. = 25.5) and Declining Net Cash Flow. Entry can be taken after closing above 1303 Targets in the stock will be 1355, 1378, 1414 and 1451. The long-term target in the stock will be 1522 and 1556+ Stop loss in the stock should be maintained at Closing below 1184. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:RELIANCELong
by Happy_Candles_Investment
Ambika Cotton Looking strong on weekly chart. Ambika Cotton Mills Ltd. engages in the provision of manufacturing and selling of cotton yarn catering to the needs of manufacturers of premium branded shirts and t-shirts. Ambika Cotton Mills Ltd. CMP is 1581.05. The Positive aspects of the company are Attractive Valuation (P.E. = 14), Company with Zero Promoter Pledge, Company with Low Debt and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are Increasing Trend in Non-Core Income, Stocks Underperforming their Industry Price Change in the Quarter, and Annual net profit declining for last 2 years. Entry can be taken after closing above 1589 and compounding above 1630 closing. Targets in the stock will be 1714 and 1760. The long-term target in the stock will be 1868 and 1906+. Stop loss in the stock should be maintained at Closing below 1467 or 1382 depending on your risk taking ability. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:AMBIKCOLong
by Happy_Candles_Investment
Btcusd analysis"As shown in the chart, Bitcoin's potential scenarios are plotted in a four-hour time frame, and it is currently fluctuating within a range channel. Since Bitcoin's trend in the daily time frame is bullish, there is a higher probability of breaking the channel ceiling, making this the base scenario. If this happens, Bitcoin's trend in the daily time frame will remain bullish. In case of a pullback, you should enter with the confirmed strategy, aiming for the level of 106,000 as the first target. However, if it breaks the channel floor, Bitcoin's trend in the daily time frame will turn bearish, with the possibility of falling to the level of 50,000. Otherwise, we expect Bitcoin to continue moving within the channel according to the third scenario, allowing us to buy and sell at the ceiling and floor of the channel."
COINBASE:BTCUSD
by arrash2020
GBPJPY at a Crossroads: The Setup You Can’t Afford to MissWhat’s up, traders! We’re back with an update on GBPJPY as of January 17, 2025. The pound-yen pair continues to keep us on our toes with its range-bound behavior, but we’re breaking down exactly where we believe the market is headed next. In this video, we’re dissecting the levels that are holding strong, the possible upside plays, and the crucial areas where liquidity is likely sitting. From analyzing key weekly and daily levels to pinpointing potential entries on the H1 and H4 timeframes, we’re laying it all out for you. We’ll also review the positions we closed earlier for a combined 2:1 risk-to-reward win and how the market dynamics shifted to create new opportunities. With the weekly candle close approaching, are we setting up for the next big move? Watch the breakdown to find out. If you’re serious about staying ahead in the markets, this is a must-watch. Don’t forget to like, share, and drop a comment below with your questions or pairs you’d like to see analyzed next. Let’s keep winning together!
by BlueOceanFxAcademy
7
Closing above Mother line & Pitchfork median line unsuccessful.Nifty tried hard to close above Mother line of 50 Weeks EMA and Pitchfork median line this week but was unsuccessful. Closing above 23433 is imperial for Nifty to gain a bullish momentum. Pitchfork is used to determine the long term trend of Nifty. In this particular chart the Pitchfork starts from 2021 and extends till 2026 end. The upper side has lot of potential as you can see the top is leading towards 32.5K+. Even the Median line is leading towards the target close to 29K. Supports for Nifty in the medium term because of the current bearish trend are at 22.8K, 21.8K, 21.2K, 20.2K and finally 200 Weeks EMA or the Father line at 19.5K.(This looks improbable as of now on chart as these levels are even below the pitchfork trend channel.) Usually the tops and bottoms of Pitchfork channel are not easy to break hence the worst case scenario as of now looks like 20.2K. Looking at the bigger picture IMF has declared a robust outlook for India for the next 3 years with GDP growing at an average of 6.63% for the next 3 years. (2025-6.5%, 2026-6.7% and 6.7%). However actual GDP growth can be much higher if the Government remains stable for a sustained period of time. The IMF estimates should be taken with a pinch of salt. Long term investors can utilise every fall to add some blue chips. Remain selective in Mid and Small cap space as the PE in some of the Mid and small cap companies are still at unsustainable levels even after this fall. For Bulls to be back in business we need a weekly closing above Pitchfork median and Mother line at 23433. Weekly Closing above 23433 would have potential to take us near 24.5K or even above 25.5K levels in the short to medium term. Closing below 22.8K can bring little more wait and pain for investors. Good effort by Nifty this week but closing was not good. We need a strong move next week for Bulls to be back to business. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
HBAR Analysis and Future OutlookHello, Traders! The HBAR price demonstrated an impressive rally, surging by 850% in just one month, followed by a natural correction phase. After retracing over 35% from its local top, HBAR managed to recover all losses and established a new local high at the $0.4 level, showcasing strong bullish momentum. Current Price Dynamics: It appears that HBAR has already formed its local bottom, and the price is preparing for a potential breakout to higher levels. However, it has now entered a critical resistance zone ranging from $0.4 to its ATH, which currently stands at $0.575. Breaking through this zone will require significant buying pressure, but the token recent performance suggests that the market sentiment remains highly optimistic. Market Sentiment and Hype: With increasing hype and attention around HBAR, driven by its technological advancements and ecosystem developments, there's a high probability of the token achieving a new ATH within the next couple of months. Entry Points and Strategy: For those who missed the previous correction phase, it's advisable to wait for another potential retracement around the $0.3 level, which could provide a solid entry point. From there, setting targets above $0.6 would be a realistic strategy, given the current bullish outlook and market conditions. Key Levels to Watch: - Resistance: $0.4–$0.575 (ATH) - Support: $0.3 (potential retracement) - Target: $0.6 and beyond Please don’t forget to boost this idea and leave your comments below.
by Real_CryptoRoy
2
Silver could rise above 32 (1500+ pips target)In my previous analysis on OANDA:XAGUSD , I noted that the lack of bearish continuation following the break below the 30 level suggested a high likelihood of a false breakout. I anticipated that the price would most likely reverse to the upside, and this scenario has played out as expected. After breaking back above the 30 level and successfully retesting it, XAG/USD is now holding steadily above this important support. Additionally, the price has broken out of the falling wedge pattern by moving above the descending trendline. The morning star candlestick formation observed two days ago further reinforces the bullish outlook. Adding to the positive sentiment, a strong close today could result in a continuation pin bar on the weekly chart, further supporting upward momentum. In conclusion, the strategy remains to buy on dips, with an ideal entry around 30.30 and a target at the technical resistance above 32.
OANDA:XAGUSDLong
by Mihai_Iacob
10