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DOGE parabolicHello, I would like to draw your attention to the Blue forecast. This is a long range favorite for what DOGE does in these excited runs. Can you imagine a $69 Doge by mid February? Wowser! There must be an unlimited money supply out there…. Ah yes… flowing in to the crypto sphere from black rock ETF through BTC and ETH. Bu those insane prices already anticipated this ETF… buy the rumor, sell the news. And after everyone dumps BTC… what are they gonna do with it? The DOGE tribe is growing… and bound by LOVE. Love is the future… fear and greed the past.
CRYPTO:DOGEUSD
by DHLawrence
DYNAMATIC TECHNOLOGIES S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:DYNAMATECH
by zenthosh
BANCO PRODUCTS (I) LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:BANCOINDIA
by zenthosh
XAUUSD on Rising wedge Market is slow because of Christmas. What possible scenario we have at moment? As Market rejected multiple times from 2632 resistance area also rejected from bottom support2690. Gold is on Rising wedge here 2610 support is playing a crucial role,as i mentioned in my yesterday commentary if any H4 candle below 2610 we will trade on bearish side till 2590, will be our first traget. On the other hand,if XAUUSD remain above 2610 it will be in rising wedge,our eyes will at 2632 first and our optimal target will be 2660.
FOREXCOM:XAUUSDLong
by Forexmaestro121
AMI ORGANICS LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:AMIORG
by zenthosh
TRIVENI ENGG. & INDS LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:TRIVENI
by zenthosh
US30/USD 4H ChartOur Preferance The index shows signs of weakness amid ongoing market uncertainties and potential macroeconomic headwinds. Price has retested resistance at 43,780, forming a bearish rejection. A support area has been identified at 41,708. Potential short setup with SL above 43,780 and TP1 at 42,753, TP2 at the support level. Monitor key economic data releases for further confirmation. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe
OANDA:US30USDShort
by David_Josh_Trader
Multi-Step Momentum Analysis - Thomas Scott India LimitedMulti-Step Momentum Analysis: Predicting Trends with Demand-Supply Strength and Volume Delta Insights - Thomas Scott India Limited Price Action: The price has shown a clear breakout after a consolidation phase (highlighted in pink). Once the breakout occurred, the trend moved steeply upward, as seen in the green boxes indicating strong momentum. Volume Analysis: The Volume Delta (difference between buy and sell orders) has been increasing significantly in the last two phases (30-0 and 60-30 days). A sharp volume spike during the breakout confirms the strength of the bullish move. Demand vs. Supply: The "Demand Strength: 100%" and "Supply Strength: 0%" indicate a strong dominance of buyers in the current trend. The Moving Average demand strength (95.63%) also validates sustained upward momentum. Moving Averages: The locally weighted moving average is sharply upward, aligning with the price and volume trends, supporting the continuation of the bullish phase. Key Levels to Watch: Support Level: ₹400-₹425 (previous breakout level) Resistance Level: ₹550-₹600 (psychological level and extension of the current trend) Risk Factors: Watch for declining volume or a sudden increase in sell orders, which could indicate a reversal. Conclusion: This chart suggests a strong bullish trend fueled by increasing demand and volume. It is a favorable time for momentum-based traders, but monitoring for signs of exhaustion is critical.
NSE:THOMASCOTTLong
by AbhayRF
SAI LIFE SCIENCES LTD S/R for 26/12/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:SAILIFE
by zenthosh
BTC Trading Thesis SummaryObjective: Action: Open Long Position Current Price: $97,600.00 Take Profit (TP): $100,000.00 Stop Loss (SL): $96,500.00 Exit Point: $98,000.00 Confidence Level: 75% Correlation with BTC: Neutral (0.00) Trade Strategy: Entry Point: Initiate a long position at $97,600.00, anticipating upward movement based on current market conditions. Take Profit ($100,000.00): Targets a significant resistance level, representing strong bullish momentum. Stop Loss ($96,500.00): Positioned to limit potential losses if the price declines. Exit Point ($98,000.00): Aiming for partial profit-taking or reassessment of the position to secure gains. Technical Analysis: Moving Averages: Upward-trending 50-day and 200-day moving averages indicate sustained bullish momentum. Relative Strength Index (RSI): Approaching overbought levels, signaling strong buying interest but cautioning against potential short-term pullbacks. Volume Analysis: Increasing trading volumes on upward movements support the bullish trend and the 75% confidence level. Risk Management: Risk-Reward Ratio: Approximately 2.18:1, favoring potential gains over potential losses. Position Sizing: Limit risk to a small percentage of the portfolio (e.g., 2%) to ensure manageable exposure. Diversification: Maintain a diversified portfolio to mitigate overall risk. Fundamental Catalysts: Institutional Adoption: Growing interest and investment from institutional players enhance BTC’s legitimacy and demand. Regulatory Developments: Favorable regulations can boost investor confidence, while adverse changes may pose challenges. Technological Upgrades: Enhancements to the Bitcoin network, such as scalability and security improvements, support long-term value. Macroeconomic Factors: Economic conditions and monetary policies influence BTC’s appeal as a hedge and alternative investment. Potential Risks: Market Volatility: High volatility may trigger stop losses or limit profit potential. Regulatory Changes: Unfavorable regulations could negatively impact BTC’s price and adoption. Technological Challenges: Network issues or security vulnerabilities could affect investor confidence. Competitive Landscape: Emergence of new cryptocurrencies or advancements by competitors may threaten BTC’s dominance. Conclusion: Bitcoin presents a promising trading opportunity with a strategy to open a long position at $97,600.00, aiming to take profit at $100,000.00 and limit losses with a stop loss at $96,500.00. With a confidence level of 75%, supported by positive technical indicators and fundamental catalysts, this approach balances potential rewards with effective risk management. Continuous monitoring of market conditions and adjusting the strategy as needed will be essential to capitalize on BTC’s potential upward movement.
Long
by titankarma
ETH/USD 2H AnalysisOur Preferance The price is trading below the resistance level, forming a descending structure with multiple rejection points. A strong support zone has been identified near $3,095. Potential short setup with SL above $3,589 and TP1 at $3,343, TP2 at the support area. Watch for a bearish breakout confirmation, Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends thanks, and Trade safe
BINANCE:ETHUSDShort
by David_Josh_Trader