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SYS Preparing for the Next Big Move, Syscoin Analysis Today 💎 SYS is on the verge of breaking out from a descending channel upwards and is currently positioned just below the Point of Control (POC) of the Volume Profile Visible Range. 💎 At the moment, this POC is posing a minor resistance, but it's likely to transform into support once we clear the channel. 💎 It's worth noting that SYS could potentially revisit the channel's trendline before making its upward move – so both outcomes are in play. 💎 Furthermore, with SYS situated in a zone of high demand, the bullish sentiment seems even more plausible. 💎 In the ever-evolving crypto sphere, being up-to-date and flexible is paramount. Keep an eye out for further insights and savor your trading adventure with #MyCryptoParadise!!
Long
by MyCryptoParadise_Nathan
Indian Railway Finance CorporationCompany is a funding arm of the Indian Railways for mobilizing funds from domestic and overseas Capital Markets. IRFC is a Mini Ratna I and Schedule A Public Sector Enterprise under the admin control of Ministry of Railways, Govt. of India. Clientele: Company extends loans to other entities of MoR, viz., Rail Vikas Nigam Ltd and IRCON International Limited. We should take a little quantity at very decent dip. But RSI indicating stock trading in over bought zone so we should wait to take fresh entry till cool of the stock. It is my point of view according my analysis it is not any recommendation so be safe and do your study before the investing. #longterm #Fundamental #technical #Penny stock #PSU
NSE:IRFCLong
by EQUITYBROKER
BTC 1H ReviewHello everyone, let's look at the BTC to USDT chart on a one hour timeframe. As you can see, the price moved dynamically above the local downtrend line. After unfolding the trend based fib extension grid, we see that the first support is at $29623, then the second at $29423, the third at $29263, and then we have a strong zone from $29098 to $28867. Looking the other way, we see that the price has recovered quickly and is holding just below the resistance at $29,819, then we have strong resistance at $30,136 and then very strong resistance at $31,049. The RSI indicator indicates that the energy is used, while the STOCH indicator also shows the energy used in this movement, which may result in a price correction.
B
by cryptodailyuk
1
BTC Dominance ReviewHello everyone, I invite you to check the current situation of BTC Dominance over the cryptocurrency market. first of all, we will mark the local downtrend channel in which we are moving, and what is more, we are approaching its upper limit. Now we can move on to marking the places of support in the event of a correction. And here it is worth marking two support zones. The first zone starts at 49.88% and continues to 49.50%, then we have the second support zone from 48.87% to 48.45%. Looking the other way, in a similar way using the fib retracement tool, we will mark the resistances that BTC dominance has to face, and here we first have resistance at 50.79%, then we have a strong resistance zone from 51.53% to 52, 11%, followed by resistance at 52.73% and further at 53.56%. When we look at the RSI indicator, we see a strong increase and room for further upward movement, but the STOCH indicator gives information that the energy in this movement is running out, which may stop the current upward movement.
CRYPTOCAP:BTC.D
by cryptodailyuk
ETH/USDT 1DReview ChartHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving below the uptrend line. We will use the fib retracement tool to mark support and here we see that the price is holding a support zone from $1829 to $1780, then we have support at $1712 and then a strong support at $1625. Now let's move on to the resistance areas, and here we first have a zone from $1883 to $1915, then resistance at $1942, another at $1980, then strong resistance at $2031. As we can see, the RSI indicator is in the process of correction, however, there is still room for the price to go lower, and the STOCH indicator shows that the energy is running low, which may indicate the approaching end of the recovery.
by cryptodailyuk
EUR/USD -Macro Resistance $EUR/USD is about to come in to contact with a Macro Resistance Trendline @ 1.13151$ One must beware and very careful when it comes in to looking for Buying Opportunities when breaking down the technical analysis on smaller time frames. With TVC:DXY reclaiming last week the broken Big Range of 100-105 zone, it appears so that with uptrend continuation of TVC:DXY , Euro tends to bleed. () Not to mention above else, that Fundamentally, Euro-Zone is not looking as promising to support EUR currency against TVC:DXY TRADE SAFE *** Note that this is not Financial Advice ! Please do your own research and consult your own Financial Advisor before partaking on any trading activity based solely on this Idea
Short
by Mr_J__fx
EURNZD - All Confluences Pointing To Bullishness!Analysis: Strong upwards trend (bullish bias) Retest of a key level (bullish bias) 50% fib retracement touch (bullish bias) Upwards trendline touch (bullish bias) EUR strongest major currency (bullish bias) NZD 5th strongest major currency (bullish bias) 40K long position increase for the EUR (bullish bias) 2K short positions increase for the NZD (bullish bias) Comment: All of the confluences factors that we pay attention to are pointing to bullishness on this pair which is why we have a overall bullish bias. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
18
GILLETTE will break its previous highGillette is in the same price range of 2017-18 but it has given a net profit of more than 1643 crores and it is 29% down from its lifetime high. SO it is currently an undervalued stock. If it reaches lifetime high then a profit of 37% is made on the bet but it will surely break the lifetime high and make a new lifetime high. The company has significantly reduced its other costs and increasing it revenue and net profit. It is trading at a lower P/E ratio that its average 10 year P/E. It has a CWIP of 74 crores which means the company is looking for expansion. The company is debt free which makes it a safe share to buy and get huge gains.
NSE:GILLETTELong
by ronak16125
ETH 1H Review Be careful!Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on an hourly interval. In the first place, we can mark the downtrend channel, however, we are currently moving in a sideways trend channel in which the price is still holding. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and as you can see the first support is the zone from $1841 to $1829, then we can mark a very strong support zone from $1780 to $1714, when the price falls below this zone we can see a drop around $1626. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we see a strong resistance zone from $1,894 to $1,947, then we have resistance at $1,984, and then the price needs to break through the $2,031 resistance to continue up. When we turn on the EMA Cross 200, we see that the price made an attempt to return to the uptrend, but it failed and we quickly fell below the ema cross 200. The CHOP index indicates that the energy is almost depleted, the RSI has a strong rebound but there is still room for us to go lower, the STOCH index indicates that the energy is depleted at the moment so we can see a temporary sideways trend.
by cryptodailyuk
EURAUD - Bullish Breakout Of The Range?Analysis: Bullish Confluence Factors Upwards trend Break and retest of a previous area of resistance for support 38.2% fib retracement level In an upwards channel Longer term upwards trendline present EUR is the strongest major currency whereas the AUD is the 7th strongest major currency 2K short position increase for the AUD Neutral Confluence Factors Neutral decrease in positions both long and short for the EUR Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
MATIC/USDT Update 4HInterval ReviewHello everyone, I invite you to review the MATIC chart in pair to USDT. First of all, we will use the orange line to mark the downtrend line from which the price went up, while currently we see that the price has fallen below the yellow uptrend line. Moving on, we can move on to marking support areas when we start a larger correction. And here we will first mark the support zone with the price from $0.69 to $0.65, then we have support at $0.58, and then another strong support at $0.50. Looking the other way, we see that the price bounces from the beginning of the $0.73 resistance zone to $0.79, only when it breaks above this zone will it go towards the resistance at $0.87 and then towards the strong resistance at $0.97. Please look at the CHOP index, which indicates that there is still some energy to continue the move, the RSI shows that we are in the process of rebounding and we still haven't touched the lower limit which may give the price a further rebound, while the STOCH indicator also shows that we are in a downtrend .
M
by cryptodailyuk
BNB/USDT 4HInterval Review CHARTHello everyone, welcome to the BNB to USDT chart review on a four-hour timeframe. We will start by selecting the uptrend channel in which the price is moving at the lower border, locally we can see that we managed to get out of the downtrend line at the top. When we lay out the Fib Retracement grid, we see that the price stayed in the strong support zone from $241 to $236 and has now moved above it, however, when the direction of the price changes and the zone is broken, we still have very strong support at $229 and then level of $221. Looking the other way, we see a third approach to resistance at $245, then we can see a rapid rise to a strong resistance zone from $248 to $251, when it breaks out higher, we have resistance at $255, then at $261 $. The CHOP index indicates that there is energy to be used, the RSI is moving in the upper part of the range, and what's more, we can see that downward movements on the indicator give a larger correction than upward movements. On the STOCH indicator, we are approaching the upper limit, which may also affect the upcoming price rebound.
by cryptodailyuk
EURUSD: Unpopular opinion - fundamental says - SHORTThe positive sentiment of other traders might lead them to overshoot, as I can see that people are expecting a bullish correction. However, the EU's hesitancy regarding interest rates, combined with the steadfastness of the US, points in a different direction. Fundamental: The U.S. Federal Reserve (Fed) is not ending its record-breaking interest rate hike program just yet. Such conclusions are drawn from the latest readings of the U.S. GDP and job market, which significantly surpassed expectations. Jobless claims came in at 221,000, compared to the expected increase to 235,000 from the previous 228,000. The reading was accompanied by a completely unexpected decline in continuing claims to 1.69 million, down from the previous 1.75 million. These robust figures may also indicate a positive surprise in the Non-Farm Payrolls (NFP), which is now the market's focus. On the other hand, the U.S. GDP in Q2 significantly exceeded forecasts, showing a growth rate of 2.4% compared to the previously recorded 2% and the analysts' projected 1.8%. The U.S. economy demonstrated considerable strength and remains resilient despite the record-breaking cycle of Fed rate hikes lasting for over 40 years. A fly in the ointment for USD bulls (although objectively it's very good news) was the quarterly reading of core PCE inflation, which is the Fed's preferred measure of inflation dynamics. It fell below investors' expectations, and despite the positive data that could favor further rate hikes, it limits the chances of additional hawkish increases. Technical: We are in key zone with probably small bullish correction, but we have bearish trend in 2 weeks. Possible rebound and continuation of the trend
Short
by AlgoGains
NZDUSD - The USD Will Continue To Fall!Analysis: Upwards trend (bullish confluence factor) Retest of an old support level (bullish confluence factor) 61.8% fib retracement level (bullish confluence factor) Upwards trendline touch (bullish confluence factor) NZD is the 5th strongest major currency whereas the USD is the 3rd strongest major currency (bearish confluence factor) 2K short position increase for the NZD (bearish confluence factor) 8K short position increase for the USD (bullish confluence factor) Comments: Despite the strength of the US, the USD has been pretty bearish for a while now and it looks as if this could continue. We're pulling back into a strong area which we expect to hold as resistance for the DXY, meaning that we could then see a continuation to the downside which in turn would favour our idea on NZDUSD. Whilst we don't have all of the confluences pointing to bullishness, we still have the majority showing bullish signs. With the confluences we have on NZDUSD along with the technicals we have on the DXY we expect to see the USD continue its bearish move to the downside, pushing price higher on NZDUSD. This is what gives us our bullish bias. Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
16
EURJPY - Will The Bullish Rally Hold?Analysis: Strong upwards trend (bullish confluence factor) 50% fib retracement touch (bullish confluence factor) Upwards trendline touch (bullish confluence factor) EUR strongest major currency (bullish confluence factor) JPY weakest major currency (bullish confluence factor) 40K long position increase for the EUR (bullish confluence factor) 27K short position decrease for the JPY (bearish confluence factor) Comment: Price has been heading higher and higher for ages and now we finally have a chance to enter. Lets see if this bullish rally will continue. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
4
EURGBP - Will The EUR Stay As Top Dog?Analysis: Breakout of downwards trend (bullish confluence factor) Break and retest of previous resistance (bullish confluence factor) Fib "golden zone" level (bullish confluence factor) Break and retest of downwards trendline (bullish confluence factor) EUR strongest major currency (bullish confluence factor) GBP 2nd strongest major currency (bearish confluence factor) 40K long position increase for the EUR (bullish confluence factor) 24K long position increase for the GBP (bearish confluence factor) 18K short position increase for the GBP (bullish confluence factor) Comment: Whilst we don't have all of the confluence factors pointing in our favour, the most important ones that we may most attention to are. The EUR looks stronger then the GBP currently as this is what the statistics tell us, which is why we are bullish on this pair. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
4
GBPNZD - A Breakout Of The Range?Analysis: Taking a look at the charts we can see that price looks slightly choppy and like we're stuck in a range, however a trade has setup that is in accordance to our plan so we're taking it. Although price is in a range we can see that price is still heading to the upside slightly. We also have an upwards trendline which confirms that we are actually in an upwards trend. This means that we're only looking for long positions. We had some news that came out for the GBP this morning which was slightly negative causing an overreaction and price pulled back to an area that we're interested in. Whilst this news was negative we don't see this news event as that important and we also have a lot of other confluences pointing to bullishness so we don't really care about this small thing going against our idea. Whilst the area that we have marked out might not seem like an obvious level, to us it looks like a great place to enter at. We've seen this level hold in the past so we expect that it could hold again making it a possible support level, however this isn't the main reason why we like this level. The driving factor for why we have this area that we marked out is because of the added confluences which are lining up with. Firstly we have the 50% fib retracement level which we expect buyers to be sat at wanting to push price higher meaning that this favours our bullish thesis. Another confluence that we have is the upwards trendline. When we've seen this trendline be touched before we've seen it be respected and price has then made a move to the upside. Trading is all about history and patterns as they repeat themselves, so if this has happened in the past then its likely that this will happen again giving us another reason to be bullish especially from this area. The final technical confluence we have is the candle that we saw on Friday. We saw strong bullish momentum and we were expecting this to continue this week however after the news came out, price dropped back to our area of interest. Like we've said already we think that this is an overreaction so we expect to see the bulls step in again and push price higher, going in favour of our bullish thesis. Fundamentally as well the GBP is the 2nd strongest major currency whereas the NZD is the 5th strongest major currency so this massively goes in favour of bullishness on this pair. Taking a look at the COT data as well we saw an increase of 18K short positions and an increase of 24K long positions on the GBP, which is bullish, again favouring the long side. For the NZD however this is the opposite. We saw a decrease of 100 long positions and an increase of 2K short positions, indicating possible bearishness for the NZD, which goes in favour of our overall bullish thesis. We have the fundamentals pointing to bullishness and we have a strong place to enter from which is why we are bullish on this pair and expect to see a continuation to the upside. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Stay Safe - The JPI Team Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
14
DOTUSDT 1DInterval ReviewHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day timeframe. First, we will use the yellow line to mark the uptrend line, from which, as you can see, the price breaks out at the bottom. Moving on, we can move on to marking support areas when we start a larger correction. And here the price stays ahead of the first support zone from $5.16 to $4.97, then we have a second very strong support zone from $4.79 to $4.53, and when the price goes lower we have support at 4.20 $. Looking the other way, we see price bounce off the $5.27 resistance, then $5.60 resistance, a third resistance at $5.94, then a fourth resistance at $6.39. Please look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the RSI is moving around the middle of the range, while the STOCH indicator indicates crossing the lower limit, which can give a temporary sideways trend for the price or a rebound.
by cryptodailyuk