Gann
Today's trading range is 2643~2664Gold closed higher on the daily chart, but the price still closed below the MA10 daily average of 2660. The RS1 indicator was adjusted at the middle axis, and the daily Bollinger Bands gradually narrowed. The short-term four-hour chart fell into a shock adjustment around the 43/64 range, and the moving average closed. The hourly chart Bollinger Bands closed, and short-term trading was still the main focus during the day, with shocks and sideways trading!
Gold was still in a shock repair market yesterday, but it eventually fell under pressure. Gold was still in a bearish shock overall, and the rebound was still an opportunity to continue to be short!
The gold 1-hour moving average was still a dead cross downward short arrangement, and the gold adjustment has not ended. Gold fell under pressure at 2665 yesterday, indicating that gold is still in a strong resistance zone above 2660, and it is still selling at highs under pressure at 2665.
First support: 2648, second support: 2643, third support: 2631
First resistance: 2660, second resistance: 2667, third resistance: 2678
#TRX: Harnessing Decentralized Content PowerDescription:
This trading idea revolves around TRX (Tron), the native token of the TRON blockchain, a platform designed to decentralize the internet by enabling creators to share content directly with audiences. TRX supports a range of applications, including decentralized finance (DeFi), gaming, and NFTs, leveraging TRON's high transaction speeds and low costs. With strategic partnerships and growing adoption in the blockchain space, TRX has become a key player in the push toward a decentralized web ecosystem.
Despite its strong fundamentals, the cryptocurrency market remains highly volatile, and external factors such as regulatory developments, market sentiment, and global economic conditions can significantly impact TRX's price movements. Investors are advised to approach with caution and implement proper risk management strategies.
Disclaimer:
This trading idea is intended for educational purposes only and does not constitute financial advice. Trading cryptocurrencies like TRX carries substantial risk, including the possibility of a complete loss of capital. Always conduct your own research, evaluate your financial situation, and consult a professional advisor before making any investment decisions. Past performance is not indicative of future results.
ETH - D1 Chartif analyzing based solely on time and location, then if ethereum is able to sustain and hold its valuation above approx $2K, then there is potential for a measured move to play out with a conservative target at approx 15K. If there is a tail whip blow off top, then the measurement can exceed higher based on fib expansion towards approx 28-33K. if hypothetically the set up plays out but the calculated measurement is not fulfillable, then i would look for invalidations at 50% extension ratios at approx 6-7K. if able to complete entire measurements i would anticipate the target should be hit aggressively in Q2 2025 around the month of March/April and conservatively in Q4 2025 around the month of October/November.
(observations: currently there is a lot of negative sentiment surrounding the recent event of the ethereum etf launch, as well as capitulation, if not already evident from the chart, from market participants who no longer believe it has exponential potential regardless of institutional inflows.)
A 2024 Play for Financial FreedomTrade of a lifetime:
Buying CRYPTOCAP:SUI at the end of 2024 near SEED_TVCODER77_ETHBTCDATA:7B FDV ($3.87)
I will update this when the time comes,
but when it does you need to fullport everything into NASDAQ:OM and just hold.
By 2025 end this project will be above $50B FDV ⚡⚡
This trade will retire you.
Screenshot this.
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One of the riskiest mindsets in crypto?
"It has already pumped."
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#MANTRA
Trade BoxI have decided to start providing my signals in the futures market, so this will be the last trading box model I draw. Starting tomorrow, I’ll share futures signals that I believe can yield good profits with reasonable leverage on gold and crypto markets. If you need, let me know the name of the cryptocurrency so we can focus on it for a week. From tomorrow, we’ll begin trading on gold.
SOL/USDT $SOL/USDT is trading within a falling wedge pattern, with key support at $210.47 and initial resistance at $223.72; a confirmed breakout signals targets at $265.95 and $311.27. Holding above the strong support at $197.45 strengthens the bullish case, while a stop-loss below this level mitigates risk. Technical indicators, including Fibonacci levels, suggest upward momentum, contingent on increased buying pressure, offering an attractive risk-to-reward ratio upon resistance breakout confirmation
Gann Analysis of Housing & Development Bank (HDBK)
1. Key Gann Levels**
The chart utilizes Gann angles and horizontal price divisions derived from **square of 9**. These levels represent **critical supports and resistances**:
| **Gann Angle** | **Price Level (EGP)** | **Significance** |
|----------------|-----------------------|---------------------------------------------|
| **1080°** | **75.21** | Major resistance at the upper zone. |
| **990°** | **66.79** | Strong resistance; previous price rejection.|
| **900°** | **58.86** | Significant resistance; near a prior top. |
| **810°** | **51.44** | Price is trading slightly above this level. |
| **720°** | **44.52** | Strong support; historical breakout zone. |
| **630°** | **38.10** | Key support; acted as a consolidation area. |
| **540°** | **32.17** | Psychological support level. |
| **450°** | **26.75** | Lower strong support; previous accumulation.|
| **360°** | **21.83** | Important support; breakout level in 2023. |
| **270°** | **17.41** | Secondary support from earlier trend. |
| **180°** | **13.49** | Significant base support. |
| **90°** | **10.06** | Long-term low zone support. |
| **0°** | **7.14** | All-time bottom support. |
---
2. Current Price Behavior**
- **Current Price:** **53.88 EGP**
- **Position:**
- Price is holding **above 810° (51.44 EGP)**, a significant level.
- The next resistance level is **900° (58.86 EGP)**.
- **Trend Analysis:**
- **Strong bullish trend** from 2022 to mid-2023, followed by a **consolidation phase**.
- The price has maintained higher lows, indicating continued bullish momentum.
---
3. Key Observations**
1. **Support & Resistance Zones:**
- **Immediate support:** **810° (51.44)**.
- **Immediate resistance:** **900° (58.86)**.
- **Breakout Level:** If price surpasses **58.86**, it can rally towards **66.79 (990°)**.
2. **Long-Term Trend:**
- The long-term trend remains **upward**, with pullbacks respecting Gann levels as dynamic supports.
3. **Accumulation and Strength Zones:**
- The **720° (44.52 EGP)** zone shows strong historical support and accumulation.
- Maintaining above this level indicates continued bullish strength.
---
4. Scenarios**
#### **Bullish Scenario:**
- **Condition:** Price breaks and holds above **58.86 (900°)**.
- **Target Levels:**
- **66.79 EGP (990°)**
- **75.21 EGP (1080°)**
#### **Bearish Scenario:**
- **Condition:** Price breaks below **51.44 EGP (810°)**.
- **Target Levels:**
- **44.52 EGP (720°)**
- **38.10 EGP (630°)**
---
5. Summary**
- The current price of **53.88 EGP** is showing stability above the **810° (51.44 EGP)** level.
- Watch for a breakout above **58.86 EGP** for further bullish momentum.
- A failure to hold above **51.44 EGP** could trigger a decline toward **44.52 EGP**.
Your comments are appreciated!
Wish you best of luck