"Nifty's Slippery Slope: Where's the Next Stop?""Nifty’s Slippery Slope: Where’s the Next Stop?" 🚨📉
We've been tracking Nifty’s downtrend for a while, and as predicted, it has landed near 22,500 after breaking a crucial trendline. But what’s next?
🔍 Current Market Outlook:
📉 Nifty is moving within a downward channel after breaking a critical secondary trendline.
🛑 Next Support Levels:
Channel Bottom 📊
If the channel breaks, the primary trendline at 61.8% (21,679) could be the next support.
📈 Bullish View? Wait for a channel breakout—let the market prove itself before taking aggressive long positions.
📌 Strategy to Follow:
✅ Be Light on Positions – Ride the trend but with strict risk management.
✅ Look for Value Stocks – A falling market is a great time to find quality investments at a discount.
✅ Stay Patient – As Warren Buffett wisely said:
"Be fearful when others are greedy, and greedy when others are fearful."
📢 SEBI Disclaimer:
This analysis is for educational purposes only. Stock market investments are subject to market risks. Always do your own research or consult a financial advisor before making trading decisions.
🔗 Hashtags for More Reach:
#NiftyAnalysis #StockMarketIndia #TechnicalAnalysis #Nifty50 #TrendlineBreakout #TradingStrategy #SwingTrading #ValueInvesting #RiskManagement #WarrenBuffett #MarketInsights #StockMarketEducation #InvestWisely
🚀 Are you buying the dip or waiting for confirmation? Drop your thoughts in the comments! 👇
Fibonacci
GENERAL MILLS Stock Chart Fibonacci Analysis 022325Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 57/61.80%
Chart time frame: D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
BNX: After a +900% Rally, What's Next?BNX had an incredible run, skyrocketing +900% in just 19 days, completing a 5-wave Elliott Wave structure and peaking at $1.3333. Since then, the price has been in a downtrend, now approaching the critical $1.00 psychological support level.
Key Support Levels
The weekly open sits at $0.9387, aligning perfectly with the Point of Control (POC) from the previous trading range, making this a crucial level to watch. However, the bigger question remains—where is the next high-probability trade setup?
Liquidity Below $0.8278 – There's a significant liquidity pool just below this low, making it an attractive area for potential stop hunts before a reversal.
0.5 Fibonacci Retracement ($0.7333) – Measuring the full +900% move, the 50% retracement aligns near a key support zone.
Weekly Bullish Order Block ($0.7076) – A historical area of demand, adding further confluence.
1.272 Fibonacci Extension ($0.7250) – Another confirmation of a potential bounce area.
Anchored VWAP from $0.1334 – Currently sitting at $0.6675, this dynamic support strengthens the buy zone.
0.618 Fibonacci Speed Fan – If the price drops towards this level by late February, it could provide additional confluence for a bounce.
Potential Trade Setups
Bullish Setup: If price sweeps $0.8278 liquidity and enters the $0.7333 - $0.7076 demand zone, a long opportunity with confirmation could offer a great risk-to-reward trade.
BTC dominance ready for a crashBack in december 2017 it rejected from this region it also wicked at 73% and then it continued its way to the downside . Currently btc.d is sitting at the same region and again it can wick at 70% area and send it down but i think btc.d will start going down from this region.
It did retest the uptrend for the second time. First rejection it offered a small alt pump .
Second rejection from this trendline might give us the so called altseason.
Waiting for confirmation.
Whatever the outcome , the uptrend one day will be over and that day is closer than we think.
ONDO one of my main altsONDO hit my target briefly after I posted the initial cup and handle, but I have not taken any profit. The reason for this is I believe it will be a huge player for RWA and bond type products on chain. They have the key connections to make it happen, and Coinbase just proved stablecoin volume is massive, 30 trillion in volume. Imagine you could just trade bond yield around on chain with a few clicks, and low fees. Blackrock and friends want this so they can collect amassive volume of fees.
The Chart:
Strong break with a bullish consolidation, the last breakout was a 270% move, I think we get a huge move again. BBWP has cooled off, and momentum is very slowed. My target for March is 3.2
AEM Scenario ( Agnico Eagle Mines Limited )What is the use of a detailed scenario like this anyway? ;-)
Likely it will move in a different way.
But what i see is upside potential with a seasonal bias supporting that view.
Upmove likely to start at the 1.618 extention within this correction we are in right now
(compare to the past corrections)
Have fun!
Leave a like and feel free to comment or chat!
Following up SPYEntry Strategy
Entry Levels:
599: Initiate your first position here.
593: Consider adding to your position if the price pulls back.
585: Evaluate a further entry during a deeper retracement.
Profit Targets:
607: Aim for an initial profit target at this level.
611: A secondary target to capture additional gains.
615: The final target where you may exit for optimal returns.
Remember to use proper risk management, including stop-loss orders, and ensure your risk/reward ratio meets your trading criteria.
Disclaimer: This information is for educational purposes only and does not constitute financial advice. Trade responsibly.
NZDUSD Trade set upFeel free to adjust the levels and risk management strategies to suit your own trading plan.
Entry Levels:
• First entry at 0.57
• Second entry at 0.568
• Third entry at 5.562
Profit Targets:
• First profit target at 0.58
• Second profit target at 0.588
• Third profit target at 0.595 or above
Trade Rationale:
This setup is designed to capture a potential move in NZD/USD by entering at multiple levels. The entries allow for a scaling-in approach, while the profit targets provide clear exit points as the market advances. Always ensure that your stop-loss levels are in place to manage risk effectively.
Disclaimer:
Trading involves significant risk, and you may lose all of your capital. This trade idea is for educational and informational purposes only and should not be taken as financial advice. Always conduct your own research and consider your own financial situation before trading.
XAUUSD WEEKLY BUY PROJECTION Hey everyone hope y’all enjoyed your weekend tho we ended last week with a break even but this week still interested on buying gold so I’m bullish and my zone which I would be looking for more buys is 2920 & 2953 zone if I can get a good pullback to the 2920 zone and also with a rejection of the 50 EMA and with a bullish engulfing I will be taking buys to the upside or the new ATH and 2953 zone if price creates a new ATH without pulling back to my first area of interest I will I be waiting for a good retest of my 0.61 fib with a bullish engulfing then I will take a buy so that’s it let’s have a win week and keeping things simple is always better…I will let you know when I take them buys….
LTC/USDTHello everyone, let's look at the 4H LTC chart to USDT, in this situation we can see how the price moves in the local high -ranking channel in which we quickly saw the return to the lower border of the channel. However, let's start by defining goals for the near future the price must face:
T1 = $ 129
T2 = $ 132
Т3 = $ 138
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = $ 125
SL2 = $ 121
SL3 = $ 118
SL4 = $ 114
Looking at the RSI indicator, we see
As we entered the lower part of the range again, which may indicate a new growth movement, but here you can see the city so that any correction deepens.
Bitcoin will +27%, ETH +139%, LTC +251%, SOL +100% (Best coins)In this analysis, we will look at 4 major coins that are good to hold for the upcoming weeks! Because alt season is starting, we want to focus on strong altcoins. Starting with Bitcoin.
Bitcoin (BTC) - expect + 27%
Bitcoin is in a strong uptrend (ascending channel), and as long as Bitcoin is in this channel, we are very bullish. We can expect Bitcoin to hit 125k in the near future. I know this is not a lot; that's why we want to focus on altcoins! Definitely avoid coins such as XRP or TRUMP because these coins are already pumped!
Ethereum (ETH) - expect +139%
Ethereum still didn't hit an all-time high in this bull cycle, which gives us a great opportunity to buy it cheap. Ethereum is definitely undervalued compared to other coins, so this is a clever buy. Technically, the price is in an uptrend and near the ascending channel support. This gives us an excellent buying opportunity for 2025.
Litecoin (LTC) - expect +251%
Litecoin was in a range for 3 years! That was a really long time, but currently the price is breaking out of the range and forming a bull flag. This is a very strong combo, so we definitely want to buy on the buying side. Sorry for traders or hodlers that were waiting 3 years without any profits. We are traders; we want to buy at the best moment and take profit after the pump!
Solana (SOL) - expect +101%
Solana is another extremely bullish altcoin, and as with the previous ones, we are also in an uptrend (ascending channel). Because the price is near the support trendline, this is a great opportunity to buy it with a tight stop loss. If you are satisfied with 100% profit and pretty low risk, you can go for it. If you want more profits, go with Litecoin or use leverage on futures SOLANA.
Want to know the analysis of your altcoin? How much % ? Easy, hit the like button and write a comment with your altcoin, and I will make an analysis for you in response!
GU Weekly shoot up a bit?Welcome back! Shiok or not, 4 weeks break from the Weekly TF? Now Weekly TF is back in action, and guess what—last week's close is like barely above the mid BB, but hey, CSAK confirmed for Weekly TF. That means time to long to TP 1.27753 with SL at 1.22246.
Somemore, looking at the H4 TF, all the MAs are above the mid BB. Yeah yeah, I know, not the highest probability setup for a pump, but combine that with the Weekly TF? Sounds like a solid recipe for it to shoot up. 🚀
Let’s gooo! Hopefully, the market still sayang us. Otherwise, we just close eyes and wait for it tp hit SL LOL. 😂🔥
ETHUSDT ( Elliott Wave Count )Ethereum (ETHUSDT) Potential Flat Correction in Wave 4
Ethereum (ETHUSDT) has been following a structured Elliott Wave (EW) pattern, and based on the latest weekly chart analysis, the cryptocurrency could be entering a corrective phase before resuming its long-term uptrend. This article will break down the key elements of the chart and the implications for ETH’s price movement in the coming months.
Key Price Levels & Technical Outlook
Current Price (Around $2,815)
ETH is hovering near $2,815, and based on the projected flat correction pattern, a further decline toward lower levels is expected before a potential bottom.
Potential Support Zones
The chart suggests ETH could find support in the range of $1,350 - $1,650, aligning with a typical corrective structure.
A major demand zone (highlighted in red) around $750 - $900 could act as a strong area of interest if the correction deepens.
Wave 5 Target
After completing the correction, ETH is expected to start Wave 5, potentially targeting a new all-time high above $11,356, as indicated on the chart.
Trading Implications
Short-Term Bearish: Traders should anticipate more downside as ETH completes its Wave C.
Long-Term Bullish: If the pattern plays out, ETH could see a strong rally once Wave 4 concludes.
Key Level to Watch: A breakdown below $2,000 could accelerate the drop, while a break above $3,750 might invalidate the correction scenario.
Conclusion
Ethereum appears to be in the middle of a Wave 4 flat correction, which could lead to further price declines before resuming its bullish trend. Traders and investors should watch key support levels and confirmation signals before positioning for the next major move.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making trading decisions.
DXY at a Deciding PointThe DXY has a slight bounce from the fib 0.786 golden pocket, but also at a neutral level of 107.158. I have plotted a trend channel from the higher timeframe which is marked by the dotted line.
At this point, I would take a wait-and-see approach in the coming weeks until a clear direction takes place.
Potential 70-90x Gains | SCBINANCE:SCUSDT has been forming a massive 4+ year triangle pattern. Since 2023, it has repeatedly tested the lower trendline and successfully bounced.
Before its 2021 surge, SC formed an inverse head and shoulders.
The current price action looks like it's repeating on a larger scale, with SC now testing the bottom of the right shoulder.
Target Prices:
📈 $0.29 (Inverse H&S projection, ~70x from current price)
📈 $0.37 (Fibonacci projection, ~90x from current price)
Take-Profit Strategy:
🔹 Every 10x, sell at least half
🔹 At 70x, exit 90% and hold only profit coins for further upside if the bull market continues
Why Now Might Be a Good Entry:
CAPITALCOM:SCUSD has dipped below the triangle’s lower boundary but is currently bouncing from a key multi-year support zone (pink area).
Since its OKX listing in 2018, this level has acted as both strong support and resistance for over six years.
On 2/3, price briefly dropped below but quickly reclaimed it, confirming its strength.
💥 Long Strategy:
Aggressive: Enter at current price
Conservative: Enter at 2/17’s high, which is the highest-volume lately
Stop-loss: 2/3's low
💥 Short Strategy:
Aggressive: Enter at current price
Conservative: Enter at 2/3's low
Stop-loss: 2/17's high
⚠️ Price levels vary across exchanges—adjust accordingly.
🔴 Read my signature & publications for more info you don’t want to miss.
🔥 for more future "guesses" like this!
#UEGC - Egyptian stock#UEGC time frame 1 DAY
Created a bearish Gartley pattern
Sell point at 1.029
Stop loss / rebuy 1.055 ( estimated loss - loss of additional profit -2.30% )
First target at 0.973 ( estimated profit - avoid capital loss or Realized gains - 5.50% )
Second target 0.924 ( estimated profit - avoid capital loss or Realized gains - 10.50% )
Third target 0.889 ( estimated profit - avoid capital loss or Realized gains - 14% )
NOTE : this data according to time frame 1 DAY
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck