ETH Bulls Ready To Rally? Mid-Long Term AnalysisETH/USDT has broken out from a medium-range trendline formed in 100 days and has corrected nearly 50% from the top. This breakout might bring in the bulls and enable them to rally further.
Resistances are marked in the red dotted lines. While Supports are marked in Green dotted lines.
For the rally to sustain and bull run to continue the price should be above the given dynamic and static support levels.
Any Significant close below these levels will cause a crash.
Until the supports are not broken by the daily candles, ETH looks bullish and this might be a start of a NEW BULL RUN.
ETH must take out the resistance levels for the rally to continue further.
Let Us Hope For The Best.
So This might be a good opportunity to start investing as RISK-TO-REWARD-RATIO Looks favorable. It is a good idea to keep Stop Loss somewhere below the support levels
Note: Views are personal, Not Responsible for P & L. DYOR before trading/Investing.
Futurestrading
S&P 500 - Futures by CryptoTradersWWThe S&P 500 futures have been a leading indication for BTC price direction since this morning.
The stock market has gained strength over the last two days, with prices currently nearing the top of the range.
If we witness a breakout above, it's possible that this will spill over into the crypto market.
Today is also the FOMC Fed meeting, which is expected to hike interest rates. Historically, this has resulted in stock market volatility, which could lead to instability in the crypto market.
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Nifty 50 Ready For A Rally? Medium Term Analysis + Trade Ideas ---> Is Nifty 50 (Indian Markets) Ready for a rally? Will Markets stop correcting? Has the short/medium term bottom been made in the market at 15700?
Nifty has been in a downtrend for the past few months due to a variety of factors like FII Selling, Geopolitical Tensions, etc. The market has corrected nearly 16% from All-Time High and now it is looking to bounce back after touching 15700.
As the problems look to ease across the globe and as all international markets are recovering. Nifty50 has rallied from the bottom and has broken out from the trendline it has tested multiple times. This breakout is a crucial factor for the bulls to stay. This breakout can cause a rally in the near term but for the bulls to continue we need fundamental factors to be positive or at least neutral. It looks to also take out the 200 EMA which will also act as a support in the near term.
Therefore it's time to go long in Nifty. Check out my other stock ideas too.
LONG @ 16870
SL @ 16400
TARGET @ 17680
RISK REWARD RATIO -1.75:1
If This Rally Sustains, Fundamental Factors like Geopolitical tensions, Rate Hikes, crude prices, etc. Get Resolved and other resistances are taken out, we can expect 15700 to be the bottom and get ready for another bull run for the next few years. The Valuations of many stocks have also cooled down and are now fairly or undervalued.
So it is wise to deploy money into investing in good quality companies.
But any negative news or deteriorating economy or fundamentals can trigger a further crash. As for now, markets are bullish and bears might exit after a long time. Even if the markets go down by a bit. Quality Stocks will find their way back up.
Note: Views are personal, Not Responsible for P & L. DYOR before trading/Investing.
Kindly Checkout my view on the current bull run in S&P 500 which I have attached below in related ideas.
are we ready to work according to this pattern tomorrow..?markets are full of opportunities the only thing we need to do is whenever we grab that opportunity we need to let our winners run,
& whenever we are wrong on the market take your stop loss and wait on the sideline for another opportunity. remember folks market is open today, tomorrow, and for the coming 100 years. psychology plays 80% role in trading.
Nifty 50 Short Term Analysis + Options Trading StrategyNifty has been in a downtrend for the past few months due to a variety of factors like FII Selling, Geopolitical Tensions etc. So even though overall trend looks negative.
As the problems looks to ease across the globe. Nifty50 has rallied from the bottom and is looking to breakout. This is the only hope for bulls to stay dalal Street and the market to gain some bullishness in the near term. If not bears would be back in the market will undergo correction and continue in the overall downtrend.
Note: Views are personal, Not Responsible for P & L. DYOR before trading.
Options Strategy for a bullish Stance expecting Breakout:
-1x 17MAR2022 15500PE - ₹ 100.85
-1x 17MAR2022 17100CE - ₹ 18.25
-1x 17MAR2022 17100PE - ₹ 1010.15
-1x 17MAR2022 15500CE - ₹ 766.1
+2x 17MAR2022 15400PE - ₹ 85.1
+2x 17MAR2022 17200CE - ₹ 12.75
+1x 17MAR2022 17150CE - ₹ 25.45
Max. Profit ₹ Undefined
Max. Loss ₹ -6,285
Estimated Margin/Premium ₹ +190,428
Options Strategy for a bearish stance expecting reversal:
+1x 17MAR2022 17200CE - ₹ 62.9
+1x 17MAR2022 16700PE - ₹ 217.7
-1x 17MAR2022 17450CE - ₹ 31.6
-1x 17MAR2022 16000PE - ₹ 47.85
Max. Profit ₹ +24,942 (74.60%)
Max. Loss₹ -10,058 (-30.08%)
Max. RR Ratio 1:2.48
Estimated Margin/Premium ₹ +33,435
What you need to know to trade wheat futures in 2022Fears of the impact of Russia-Ukraine war on global inflation and recession have escalated in recent weeks and another major issue looming over the horizon are concerns that the conflict could result in a hunger crisis as both countries account for over a quarter of the world’s wheat exports.
Wheat prices recently surged to a 14-year high, with the price of a bushel of wheat soaring more than 50% to $12.94 on Monday since the Russian invasion of Ukraine began. The price movement on Monday hit the Chicago Board of Trade’s limit for another day.
Reliance on Russia and Ukraine wheat exports
Russia and Ukraine are two of the world’s largest exporters of wheat, accounting for about 30% of the global total. In 2019, Russia was the world’s top wheat exporter, while Ukraine came in fifth next to the US, Canada and France, according to data from the Observatory of Economic Complexity.
The disruption in both countries’ grain harvest and trade could have catastrophic impacts on their biggest buyers in the Middle East including Egypt, which depends on Ukraine’s wheat imports to produce subsidized bread to its poor population and other staples.
These fears intensified on Wednesday after the Ukrainian government said it will ban exports of key agricultural goods like wheat, corn, salt, meat and oilseeds to maintain market stability in Ukraine and “meet the needs of the population in critical food products.
Looming food shortage
Many nations rely on Ukraine and Russia for grain and oilseeds and the crisis could exacerbate the supply of food especially at a time when low-income countries are still reeling from the COVID-19 pandemic.
Some economists have warned that the war could lead to a repeat of the Arab Spring in the past decade when social unrest and armed rebellions led to soaring food prices.
"The fallout from Ukraine will spread across the globe. Russia and Ukraine together export 30% of the world's wheat. As this war heats up, many countries will face: soaring food prices, catastrophic hunger & growing instability,” David Beasley, the head of the United Nations World Food Program said.
Farmers in Russia and Ukraine are tipped to reduce their planting area in the coming seasons as the war intensifies, placing the pressure on other exporters to boost production.
China, India, US work to fill in the gap
Although Russia and Ukraine’s grain trade have not been technically included in sanctions imposed by Western countries, many importers have turned to other sources like China, India and the US to make up for any shortfalls, according to ING Bank, over fears of supply disruptions.
“We would expect to see strong plantings from US farmers over the spring, leaving the potential for an increase in US spring wheat, corn and soybean area,” ING’s head of commodities strategy, Warren Patterson, said in a note on Monday.
Volatility in wheat markets
The lingering crisis in Ukraine has caused wheat prices to be highly volatile in recent weeks as countries work to ensure grain imports to feed their population. The CBOT soft red winter wheat, KC hard red winter wheat and MGEX spring wheat all reached their daily trading limits for another day on Tuesday, while US wheat futures snapped a six-day winning streak the same day.
Investors have been hesitant in making big position moves for the second week in a row last week despite the market volatility, Reuters said.
In the week ended March 1, commodity funds axed only 11,000 futures and options contracts from their CBOT wheat net short, down from estimates, the news outlet reported earlier this week, citing data from the US Commodity Futures Trading Commission.
"Huge speculative interest has flowed into wheat that may have pushed futures past reasonable levels… The export market is difficult to define with many countries banning exports and tenders being canceled,” CHS Hedging was quoted by Bloomberg News as saying.
What I can see playing out in the next few weeks DOWN TRENDAs we know we have been in a down trend. Ended the year and started new year with a bang and than literally a BANG!
First few weeks of the year had some people shook. It has been in a down trend since and continues down its channel pretty clean. not perfect
I think we need to fill that 400 gap before we see highs again.
With inflation, war and everything going on most of it is priced in but it could still get crazy.
I am not a finical advisor I'm just guessing this is what will happen.
The last few weeks has been very good (short side) Some people only play one side ( i my self at a time did as well and lost out big because of it! )
I don't think were in full fledge bear mode and not "crashing" yet atleast...
When spy is in the low 300s ill say ok we crashed! Anyways Safe trading people! Super volatile :)
BLZ/USDT LONG Entry Point 1 : 0.16865
Entry Point 2 : 0.16077
Targets :
T1 : 0.17720
T2 : 0.18498
T3 : 0.19255
T4 : 0.20055
T5 : 0.20898
T6 : 0.21748
BTC/USD by CryptoTradersWWGood morning,
It's vital to look at what BTC is doing before selecting which trades to take for the rest of the week.
The price is been hovering between $37K and $40K on a regular basis.
We have strong resistance at $39K if we see a run up.
A CME gap, Fibonacci resistance, and Daily Naked point of control can all be found here. If we see Longs start to open near this level and then decline, we can expect more downside.
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S&P 500 by CryptoTradersWWYesterday was a day of extreme volatility, as expected. The US stock market has lost a key support level and is again retesting this zone, which is currently acting as resistance.
If we have a rejection on a retest like this, we will see more downward movement.
As we all know, once the New York session begins, the US Market has a strong link with BTC, anticipating market changes.
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BTC/USD by CryptoTradersWWThe daily support levels established at the start of the week have been maintained.
At $40100 (daily resistance), there are significant areas of resistance.
More resistance may be found at $42,000, which has numerous resistance levels and where we believe the price will be acctracted to.
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—XRP Forecast📊—
XRP (H4)📱
-Price broke structure to the downside.
-Price left behind an unmitigated supply zone, with inducement.
-If supply holds, we could expect price to mitigate the zone and move lower to grab the equal lows (liquidity) and fill the imbalances.
-If supply fails, we could expect price to move higher to grab the double tops (liquidity).
SUSHI/USDT - UpdateThis setup was posted here few days ago.
As expected the price has lost its previous support, has retested it was rejected and closed several candles from 1h-4h below thus activating the trade!
Currently running on profit at +7.5% ( calculated without leverange )
Feel free to take partial profits here and move SL to breakeven.
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SUSHI/USDTI've been keeping an eye on this possible scenario for weeks. Simply put, if price loses support, which is also the value region bottom of the range +completes the head and shoulders pattern, I'll look for a lower price.
Only if we lose $3.9 as support and we start witnessing 1hr and 4hr closes will I consider this trade.
Targets: $3.2 - $2.6
Stop loss: $4.10
This trade is not active until the criteria is met.
Enter at your OWN RISK. Not financial adv.
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A good time to buy 10 year t-noes in 30 min frameGOOD MORNING,
after the last short trading range, that seems like a semi diamond finally we are over the VWAP and we have a big strength of buyers right now although the candle is red they are here so the chance of an uptrend in the next 30 min nearly 75% due to big volume and the safety we have from the VWAP.
contact me if you want me for any analysis
check my profile to see my "correct" predictions in the last few days
GOOD LUCK
twitter:0uchaib
#ES_F 2.15.22 Overview and Levels to watchIn Globex we had a break out from Mondays Value and we are currently in our T+2 Range which is Friday. Today during RTH we will want to monitor and see if we will get a continuation and test the high of settlement, fail and come back in or if we found our next temporary balance that we need to fill in before next move. Globex is in double distribution and here are the levels I will be watching today. On the Upside we have 4465.25-4460.25 as our PM resistance and 4479.75-4475 as our KEY Intraday Resistance, if broken and we can build value over we can see 4490-4487.25, 4497.25-4494.75, 4508.75-4505.50 and bigger area of resistance and Friday High at 4524.25-4519. On the downside we have 4437.75-4432.50 as our upper distribution support and our Key Intraday Support at 4424.50-4418.75. Holding under the distribution support will be our first sign of weakness and if we break and hold under the Key Support then we can see a test of 4405.25-4403, 4392.25-4389.75 and bigger area of support at 4378.50-4374.75. Another option I will be looking at is after this big move in globex we need to digest and can stay between 4424-4480 before it makes next move.