#NIFTY Intraday Support and Resistance Levels - 04/11/2024Flat opening expected in Nifty. After opening, if Nifty sustains above the 24,00 level, an upside rally is expected up to the 24500 resistance level. Strong downside movement is likely if Nifty fails to sustain above this level and starts trading below 24250 during today’s session.
Gift
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DOGE TO THE MOOOOOOOOOOOON DCAJust now I see the bottom off 4 DEC is in 293. and the bottom on 10 FEB 2014 is in 291
It’s amazing also many other things
i think its GREAT TIME TO DO DCA
and the targets is on the chart.
also as i know DOGECOINE it always go to 4.61 FIB
( maybe it take 2 weeks before it move)
3X in the Road ( at least )
Merry Christmas ! This Chart Fully Maps Out How We Want To Follow The Market Makers!!! Please Refer To This Chart For A Fukl Walk Through Of How We Are Attacking Gold These Next Two Weeks!!! WE ARE ROBBING THE GOLD MINES THIS CHRISTMAS SEASON!!! So To ALL!!! MERRY CHRISTMAS!! AND MAY THE FORCE BE WITH EVERY ONE OF YOU!!
NIO: Many patterns for us!Hello traders and investors! Let’s see how NIO is doing today! We have many interesting signs around, and I’m sure it’ll be worth keeping an eye on the points mentioned here.
First, in the 1h chart, we have a pivot point at $ 43.66. If NIO defeats this point, it has a good chance of reversing the bear trend for good. We have been on a series of lower highs/lows in the 1h chart, and this movement would bring something new for NIO.
By defeating the pivot point, and trading above the 21 ema, NIO could reverse the trend in the mid-term too, meaning, in the daily chart:
We have a Piercing Line pattern on NIO, just like on PLTR, but the difference is that the volume on NIO is looking better. We almost hit the 61.8% Fibonacci’s Retracement , and yesterday, we closed above the 50% retracement. This is a powerful sign.
Today it seems we have a Gift pattern : A small candlestick that follows a powerful candlestick (in this case, the Piercing Line). Gifts are just corrections seen in smaller time frames, and often they create pivot points in the 1h chart.
Now it seems NIO has everything to start its reversal, we just need to wait for more confirmation . We must not lose the 61.8% in the next few days, otherwise we might drop to lower levels.
Meanwhile, let’s keep an eye on the points and patterns mentioned in this analysis. And if you liked this idea, remember to follow me to keep in touch with my daily studies, and please, support this idea if it helped you!
Thank you very much!
PLTR: Targets to work with for the short/mid-term!Hello traders and investors! Let’s see how PLTR is doing today!
In our last study, PLTR was looking great, but the Gift pattern didn’t work this time, and now it is just heading to the next support levels. Now, we have a short-term bear trend in the 1h chart, and no reaction sign ahead.
The only way PLTR could reverse this bearish sentiment would be if it does a bullish structure, like a bullish chart pattern, or triggers a pivot point.
The $ 22.06 is a nice support level, and if PLTR closes above it tomorrow, the market may see a false breakout form a support level, but it seems this is not going to happen, and PLTR will seek the next support at $ 21.07.
Now, let’s see if the daily chart offers more clues:
The interesting thing here is that PLTR is dropping in the past few days, but the volume has been decreasing too. This shows exhaustion form the bears, and any bullish reaction will be more than enough to reverse this trend.
The $ 24.45 is a resistance to be defeated in order for it to seek the gap at $ 31.34. In the worst-case scenario PLTR will seek the support at the red line again.
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PLTR: Teaching Technical Analysis to us!Hello traders and investors! Let’s see how PLTR is doing today!
First, as we discussed in our last study, PLTR found a support level at $ 22.84, it reacted very well, a nd it broke the green line at $ 24.45 . This is a great sign, and likely PLTR will seek higher levels now. To check our last study, the link to it is below this analysis.
Yesterday’s movement was important because PLTR is now free from the previous congestion , and what’s more, it seems the $ 24.45 is going to work as a support next, following the Principle of Polarity .
Now, let’s see the daily chart:
In the daily chart, we see a nice Ignition Bar yesterday, breaking the 21 ema along with the $ 24.45, and a nice increase of the volume .
All of this, in addition to the bullish signs seen in the 1h chart, tells me that PLTR is going to fill the gap (yellow area) at $ 31.34. The only problem is if it is worth an entry point, and if the R/R ratio makes sense.
It seems we have a Gift pattern today, which is just a correction seen in smaller time frames, translating into a small black candlestick in the daily chart. This could offer an opportunity, indeed, but there’s a right way and a wrong way of trading Gifts, and we must wait until the end of the day for more definition.
If this analysis helped you, remember to like it! And I invite you to follow me to keep in touch with my daily updates.
Thank you very much!
CCL: Buy, sell, hold or wait? A Triple Time Frame Analysis.Hello traders and investors! For the first time, I’ll do a public analysis on CCL. This stock is starting to get very popular (the 8th most active stock in the US today), so, let’s talk about it, and do a complete Multi Time Frame Analysis (MTFA) by looking the hourly, daily and weekly charts, and in the end, we’ll see if CCL is a buy or not.
First, in the 1h chart we have a breakout from the previous resistance level at $ 28.19 (green line), and the trend is still clearly bullish. At any moment CCL did lower lows, although it did a quick congestion last week, with no new highs.
Maybe we had something like a Cup and Handle , and if that’s the case, more upside will come.
But now, the 21 ema is pointing back up, and it is defeating the previous resistance. Now, let’s see the daily chart:
The volume increased a lot during the last bullish leg, which is a true sign of buy force. We could see a pullback to the 21 ema or to the green line at $ 24.38 and this wouldn’t ruin the bull trend, and only then we could see an opportunity to buy.
What’s more, CCL did an Inverted Head and Shoulders chart pattern, which is interesting to notice. Now, let’s see the weekly chart:
The trend is very strong here, and the $ 25.01 could work as a support level in the weekly chart. If you are looking for swing or position trade, this is the point where you should buy.
But now it feels like it is a little late to buy. For instance, I gave a call to the members of our community in my weekly newsletter a buy call when it did the “ Gift ” pattern seen in the chart. That was a good point to buy. Now it is going up almost 40% since then, so keep in mind that if you want to buy it, you may buy from those who want to book their profits and re-buy near a support level.
Now it is not the time to buy, neither to short, but to manage positions, and if you are out, just wait for a better opportunity and never buy near top levels . So far, there is no sell signal in CCL, so if you are in, you may just hold it.
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Be careful and take care.
PLTR: What could trigger a new bullish run here?Hello traders and investors! Let’s see how PLTR is doing today!
First, the hourly chart looks quite bearish, and right now, it is retesting the 21 ema, which is falling too. But we have this pink line, which is a support zone that could hold the price.
The volume is starting to increase again, which is a good sign, and today’s first candlestick could be an Ignition Bar, followed by a Gift pattern. If PLTR trades above the $ 25.90 again, it’ll be a great sign of strength, and PLTR could seek higher levels, like the $ 29.42.
Looking at the daily chart, we see a clear accumulation, and it looks like a giant Flag pattern as well.
Right now, PLTR is doing a Harami pattern above the support at the pink line, and if it closes above the 21 ema would be perfect. Usually, Flags are continuation patterns, so, the odds favor the bulls here.
For now, we must wait for these signs to be triggered before anything else, but if you like this analysis, remember to support it ! And follow me to keep in touch with my daily updates!
Thank you very much.
GTOBTC 70% + Long OpportunityGTO has in the past, breakouts after RSI reaches the oversold point. This has happened time and time again.
We have also found support on the 0.236 fib. Many would argue that it is not a fibonacci number nevertheless it has found support here yet again.
Now the question remains whether GTO will play ball.
If you're joining this trade then aim for the 0.618 fib line at 0.00005215 btc
Once we breakout keep increasing the stop losses after every fib line is breached.