Ethereum BUT the ClassicBME:ETC
Ethereum Classic has reached its important resistance
I imagine some price drop for it
Areas are marked by Fibonacci
Fibonacci Retracement
BEL (Bharat Electronics Ltd): Setting Up for a Long Move!🚀 BEL (Bharat Electronics Ltd): Setting Up for a Long Move! 🚀
Current Market Price: 308.2
Stop Loss: 279
Targets: 322, 340, 360
BEL has shown a strong recovery from its fall (340 to 257) and is now closing above the 61.8% Fibonacci level (309). This signals potential short covering and a bullish breakout. A 12-week base formation adds to the strength, and the monthly candle confirms positive momentum with today's closing.
📈 Strategy:
Consider buying in a staggered manner to manage risks.
Watch for sustained strength above 309 for confirmation.
Follow strict risk management rules to navigate market volatility.
📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#BEL #TechnicalAnalysis #FibonacciLevels #BreakoutStrategy #MarketMomentum #DefenseSector
MKR/USDT 1h chart Hello everyone, let's look at the current MKR situation considering the one hour interval.
In this situation, we can see the price approaching the upward trend line, which provides strong support for the price, but it is worth switching to a stop-loss now in case of further declines in the market:
sl1 - $1,800.
sl2 - $1742.
sl3 - $1691.
looking the other way, if the increases continue, we have visible resistance at the level of $1,863, the next important level is $1,912 so that the price can move towards $1,989, only the exit to the top will open the way above $2,100.
XAUUSD | SCALPING TIME | SHORT Hi everyone, I've prepared a OANDA:XAUUSD analysis for you. I've set my target and stop levels on the chart.
Please give it a like, guys.
GOLD → Trading inside the channel from the range boundariesFX:XAUUSD declines to 2620 amid positive news from the Middle East, but the overall fundamental background is still difficult. Today is low liquidity due to the Thanksgiving holiday in the US.
The gold price is down amid a ceasefire between Israel and Hezbollah on Wednesday. But on Wednesday night there were reports of an escalation of conflict in Aleppo, Syria .... Also not to forget the escalated conflict in Eastern Europe.
The dollar is still in consolidation, given that today is a holiday in the U.S., there may be low liquidity and high volatility in the market. Accordingly, an exaggerated price movement in gold cannot be ruled out.
Technically, gold is flat, so we consider trading from the range boundaries. We focus on the local channel from H1 2660 - 2618 and the global channel from D1 - 2689 (2710) - 2605.
Resistance levels: 2660, 2604, 2678, 2689
Support levels: 2618, 2605
Accordingly, in the momen, gold is heading towards the liquidity above. False breakdown of the key resistance zone and price consolidation in the selling zone may form a price decline to the lower boundary of the flat.
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
BTC fibonacci reload zone, back to ath ?Analyzing the Fibonacci reload zone, BTC shows potential for a strong recovery. If we break above the upper Bollinger Band, it could signal bullish momentum and pave the way back to all-time highs. 📈 Stay sharp!
EURGBP BUY SETUPKey Observations:
Liquidity Zone (Confirmation): The highlighted liquidity area represents a critical zone for confirmation. I need the market to grab this liquidity before validating my long entry setup.
Demand Zone: The area around 0.83172 acts as a significant demand zone. This is where buyers have previously stepped in, and I anticipate bullish momentum to emerge again.
Key Level at 0.83350: This is an important reaction zone, which could act as the first target for the trade or a consolidation point.
Imbalance Fill: The market is currently filling an imbalance (highlighted zone). I’ll monitor for bullish price action once this imbalance is mitigated.
Fibonacci Confluence (Premium Zone): My demand zone aligns with a Fibonacci retracement level in my premium area, adding confluence to the long trade setup.
Demand in Volume Profile: This demand zone also aligns with a high-volume area in the volume profile, suggesting strong interest from buyers, making this an ideal entry point.
Trade Idea:
Bullish Bias:
Entry Area: Around 0.83172 (demand zone).
Target Levels:
TP1: 0.83350 (key level).
TP2: 0.83650 (higher liquidity zone).
Stop Loss: Below 0.83050, to protect against demand zone failure.
Risk Management:
Maintain a risk-to-reward ratio of at least 1:2. Wait for the liquidity grab and signs of bullish momentum (e.g., bullish engulfing candle or strong rejection wick) at the demand zone before entering.
Volume, liquidity grabs, and Fibonacci align perfectly in my EUR/GBP long setup. Do you see the same bullish potential, or do you expect a bearish breakdown? Let’s discuss below!👇
GOLD → Controversial fundamental background. What's next?FX:XAUUSD is taking advantage of the dollar weakness and heading towards the zones of interest and liquidity 2665 - 2688. Overall, the fundamental backdrop is not stable, but at the same time weak for gold. PCE, GDP and resistance ahead....
The ceasefire agreement between Lebanon and Israel has entered into force. This has helped to reduce demand for the US dollar, which is generally reflected in the forex market. Gold is feeling support from sustained expectations for the Fed and uncertainty over the outlook for global trade during the Trump presidency, which intends to impose new tariffs on Canada, China and Mexico. Ahead of the upcoming macroeconomic news from the US are PCE and GDP.
Technically, gold is in a sideways range and is looking up towards zones of interest from which a correction could form. But this reaction is partly dependent on the news as well....
Resistance levels: 2660, 2664, 2680
Support levels: 2620, 2605
The focus is on the imbalance zone, 0.7 fibo and 2680 area. Due to the controversial technical and fundamental background, the gold price may close inside a wide channel, which allows us to use its boundaries for trading. We are watching the resistance with a sell target for further downside
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
EID Parry: At All-Time High, Breaking New Ground!🚀 EID Parry: At All-Time High, Breaking New Ground! 🚀
Current Market Price: 878
Stop Loss: 790
Target: 1020
In the midst of a volatile market, EID Parry is reaching all-time highs, signaling strong momentum. The stock is breaking out of a 4-month range, and with market sentiment turning bullish, this breakout could open doors to new targets.
📈 Strategy:
Consider going long as the breakout sustains.
Manage your risk with a stop loss at 790.
📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#EIDParry #MarketMomentum #BreakoutTrading #TechnicalAnalysis #InvestmentOpportunities #AllTimeHigh
Astral: Attempting to Catch the Bottom!🚀 Astral: Attempting to Catch the Bottom! 🚀
Current Market Price: 1822
Stop Loss: 1700
Targets: 1920, 2020
Astral is positioned at a long-term support level and the critical 61.8% Fibonacci retracement level. These levels are historically strong zones for potential bounces, making it an exciting opportunity for bottom-fishing.
📈 Strategy:
Create positions in a staggered manner to minimize risk.
Momentum could accelerate above 2164, which is the 61.8% level from the bounce point.
📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#Astral #TechnicalAnalysis #FibonacciLevels #SupportZone #InvestmentOpportunities #MarketMomentum
ETH, back to 4000 soon?Hello everyone,
considering the recent strong movement in ETH, I expect the bullish trend to continue towards 4000 within the next weeks. The green area (0,5 - 0,681 fib) should provide good support for new long positions.
Only a break below approx. 2800 would indicate a more bearish sight of the market.
Will ETC break out from the upper resistance?Hello everyone, let's look at the current ETC situation considering the one-day interval. In this situation, we can see how the price moved dynamically out of the local downtrend line, giving rise to a large upward move.
Currently, we can see the price approaching a strong resistance point at $34.50, the next resistance should be at the level of recent increases at $39.65, only when the price goes up, it will move towards $54.
Now let's move on to the stop-loss in case the price wants to turn back, and here there is support at the level of $28.40, then the price may quickly return to the level of $24, and only further we may have a strong drop to the support level of $19.
Looking at the RSI indicator, you can see that each rebound of the indicator gives new energy for a quick upward movement, which is worth keeping in mind until the BTC price starts making larger movements, increasing its dominance over the market.
EURUSD → Correction after false breakdown before further fallFX:EURUSD is taking a chance amid the local correction of the dollar. The currency pair can test the local highs. But! You need to be careful as there will be a lot of news today.
Fundamental background is generally negative. (Trump's victory, tariffs for European export goods, lower interest rates and so on).
This all accompanies the global and local downtrends. Accordingly, in our case, since a false support breakout is forming on the chart, we should wait for a retest of resistance and reversal patterns to further consider selling attempts with the purpose of further decline.
Resistance levels: 1.0606, 1.065, 1.076
Support levels: 1.0517, 1.044, 1.033
Accordingly, we follow the nearest resistance, if bears behave aggressively on the background of the news, the price will continue to fall from these areas
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;)
Regards R. Linda!
AUD/CAD 30m Trade Setup Looking at the 30-minute chart, we see a clear IMB (Imbalance) that price seems to be targeting, coupled with liquidity resting above ($$$).
Game plan:
If the price continues its upward move, it may tap into the liquidity zone, filling the imbalance before a potential retracement.
Watching closely for reactions at the 0.91500–0.91666 zone, where confluence is strongest.
Bias:
Bearish pullback expected after liquidity is grabbed. Waiting for confirmations before entering short.
What’s your take on this setup? Are you looking to trade the bounce or the breakout? Let me know your strategy below!👇
gold upit seems XAUUSD going uptrend again, use the stop loss where implemented. TP2 will Triger if it can break the new ATH with an strong bullish candle, after that the new target will be around 3000$
BTC did not break the $100,000 barrier!Hello everyone, I invite you to review the chart of BTC in pair to USDT taking into account the terval of one day.
As we can see, the price was moving in the downward trend channel marked in blue, from which we got a dynamic upward exit, and the increase itself was similar to the height of the channel from which it emerged.
However, here we can see that the historical moment of breaking through $100,000 turned out to be too great a psychological barrier at which we could observe the beginning of the recovery movement.
using the Fin Retracement tool, we can determine the levels to which the price can probably return and here, first of all, the support level at the price of $89,500 is visible, then the level of $83,800 is visible, but if the price goes lower, we can see a drop to a strong support zone from the level $74,400 to $68,000, which would result in a decline of approximately 27%. It is worth emphasizing that such corrections of 20-30% happen during a bull market.
BTC did not break the $100,000 barrier!Hello everyone, I invite you to review the chart of BTC in pair to USDT taking into account the terval of one day.
As we can see, the price was moving in the downward trend channel marked in blue, from which we got a dynamic upward exit, and the increase itself was similar to the height of the channel from which it emerged.
However, here we can see that the historical moment of breaking through $100,000 turned out to be too great a psychological barrier at which we could observe the beginning of the recovery movement.
using the Fin Retracement tool, we can determine the levels to which the price can probably return and here, first of all, the support level at the price of $89,500 is visible, then the level of $83,800 is visible, but if the price goes lower, we can see a drop to a strong support zone from the level $74,400 to $68,000, which would result in a decline of approximately 27%. It is worth emphasizing that such corrections of 20-30% happen during a bull market.
GOLD → A break of 2600 will make buyers panicFX:XAUUSD is returning to the sell-off phase due to the change of fundamental background. Buyers are unwinding their positions and the price is entering the sell-off zone
The main reason for the fall is the ceasefire between Israel and Hezbollah. The first rumors appeared early Monday morning and the market reacted accordingly. Everyone is still waiting for the actual confirmation of the rumors.
Also Trump is beginning to hint at increased tariffs on goods from Canada, Mexico and China. Active actions will start in January, after the inauguration of the new US president.
But, the risks are still high due to the escalated conflict between Russia and Ukraine.
Technically, gold is returning to the channel, marking a strong resistance at 2632 and 2620. (a retest of the zone is possible before a further fall).
Resistance levels: 2632, 2620
Support levels: 2605
A price consolidation below 2620 or below 2605 will strengthen the sell-off phase. The fundamental background is weak, which increases the pressure of bears. In the mid-term, I expect the decline to continue after the breakdown of 2605-2600
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
PEPEUSDT → DUMP Phase. Manipulation before growth? BINANCE:PEPEUSDT after "PUMP" goes into a plum phase or “DUMP”. Key support is under attack for a long time and may not hold up
For the last week and a half, the coin does not react in any way to the bitcoin growth and is in the consolidation phase, but if you look closely, the consolidation has the character of a descending triangle, which indicates the growing pressure from the sellers.
If the support at 0.00001880 does not hold, the coin may form a strong impulse.
Targets in this case could be 0.0000149 or 0.00001388.
Resistance levels: 0.0000195
Support levels: 0.0000188-0.000018
Emphasis on key support and resistance. I do not exclude that a retest of resistance is possible, but the overall picture at the moment suggests that there may be a breakout of the base, reaching liquidity zones before further growth
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:PEPEUSDT ;)
Regards R. Linda!
BTC CME Chart - Mind the Gap!Currently there exists a gap of around 3000 USD between roughly 80.000 USD and 77.000 USD. This gap is around 20-22 % from the last top and also marks a zone between two fibonacci lines (0.283 from the last lowest low and the 0.382 line from the low before that).
My educated guess is that we get a relatively 'normal' traceback to that zone. To fill the gap and to build up momentum for another rise in the bitcoin price.
Note that pullbacks of 20 percent are quite normal, although the range in Dollars can get larger and larger as we go higher and higher.
Please like if you share my opinion.
GOLD → An unexpected shakeup. What's next? 2700 or 2600?FX:XAUUSD closed the session perfectly on Friday, hinting that it was preparing to move up to conquer the highs. But Monday morning's news shook up the market, eliminating buyers. What happened and what to expect?
Gold's decline in the Asian session was due to news from the Middle East, with Israel tentatively approving a ceasefire agreement with Hezbollah in Lebanon.
But, on the other hand - the escalation of the conflict in Eastern Europe, where the situation has become more complicated to some critical limits over the past few weeks. This is a two-edged sword.
The market will react to any news coming from the two regions. No economic news is expected on Monday.
Technically, the focus is on the sideways range of 2731 - 2660 and internal levels, among which the price may look for support....
Resistance levels: 2673, 2689, 2731
Support levels: 2660, 2643
If the price consolidates above 2673, then we should wait for a retest of 2689 (0.5 fibo). If the bulls continue to press the market, the gold may test 2721.
But if the bears hold 0.5-0.7 fibo and retest 2660, then we should wait for a correction to the zones of interest and liquidity before a possible pullback
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
USDJPY → False breakdown of uptrend supportFX:USDJPY is forming a false breakdown of the support of the ascending price channel. On the background of the dollar rally and strong sales of the Japanese national currency, it can be a good signal for the continuation of growth
On D1 we can clearly see the upward, bullish market structure. There are no deep corrections, strong fundamental background and aggressive support from the rallying dollar. This picture may have a medium-term character and the market has a chance to test the ATH, provided that Japan does not start to take any measures to strengthen the JPY.
Technically, the currency pair is consolidating above the strong support at 153.9 and intends to go even higher. There are two strong resistances ahead.
Support levels: 153.9, 153.5, 152.2
Resistance levels: 155.36, 155.8, 156.7
Accordingly, a price fixation above trend support or above 155.4 will be a good signal that we are ready to go up
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:USDJPY ;)
Regards R. Linda!
APE → Consolidation before a possible rally. Focus on 1.200BINANCE:APEUSDT is forging a consolidation within an ascending price channel after the dump, this is a hint that the coin is getting ready to go up.
Smoothly the global trend is changing to bullish. The alt season could start any minute and everything partly depends on bitcoin's dominance in the market, which is gradually decreasing as BTC approaches the psychological level of 100K.
Technically, APE is forming a consolidation with 1.200 as resistance and 0.90 as support, but within this range, an upward channel is forming, indicating that buyers are starting to intervene in the game, gathering potential for further upside.
A break of 1.200 could trigger a bull run towards 1.44 - 1.800.
Resistance levels: 1.200
Support levels: 1.032, 0.963, 0.9
Technically, we can say that an ascending triangle is forming against 1.200. I do not exclude the fact that the price may test the support before further growth, as altcoins react extremely aggressively to any weak corrections of bitcoin. But, I would prioritize trading on a break of 1.200 resistance with the aim of further growth
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:APEUSDT ;)
Regards R. Linda!
