Strong selling Pressure on ADAUSDT. Hi everyone!
Daily"
ADAUSDT Short Still below 50MA.
RSI is in over sold area but there is a strong selling pressure in the market. Also close to local support mentioned on my previous chart, If drop from $1.17 We could see it provably going back to $1 Support
ALWAYS look for extra confirmation on any trade "Do not over trade Long or leverage on markets like this". Death Cross also has a lot of pressure at moment.
"I still would personally hold on any long positions until we ether confirmation of a new support.
Happy trading people
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
Happytrading
EUR JPY TECHHello everybody. Here I'm for sharing this my trading idea.
As we see the trend passed resistance 1 and make price confirmation by candles (above it).
The Price now is back to near support 1. It is the point where we can think about buying :)
I'm opening my position to reach take profit 1. (It's somewhere 30 pips)
At this moment, it all.
Have questions? Ask me :)
Thank you
Chainlink not going anywhere without his brothers BTC and ETHFollowing current trends of the Godfather of All that is crypto, just reiterating one more possibility for Chainlink. Over the next few days before the holidays, this will show what happens when people step away from trading and focus in on presents, cooked ham, family and the Big dropping ball that takes us into 2022. This is just one more idea before I do the same.Good luck and Have a great time following into the New Year!!
NEARUSDT 15MINS TF TRADEHI EVERY ONE!!!
this is my paper trade practice and also small ideas using the bounce of .618 of fib and a combination of
TP AREA OF EXETENDED MOVE OF FIB...
plus the bounce play clear breakouts with the confirmation of bearish cross of macd and also the volume is a plus..
im just a beginner still learning and also sharing my ideas to help others developing to be a good trader someday...
hope you like it.. and please feel free to comment im humbly ask to my development in this industry to learn more...
ADES - BREAKING FALLING WEDGE, POTENTIAL UPSIDE 2800ADES is breaking the falling wedge pattern. ADES is potentially move upward to the target area 2800. The momentum indicator is pointing up in the neutral area, indicating that ADES has a chance to continue moving upward.
*The roadmap will be invalid if the price exceed the support level 2230 or hit the target area 2800
opportunity for gold long idea
so many ideas for gold right now this is just another idea possibility for a bounce of a major trend line support..looking more into this idea changing time period to 4hr 1 hour daily you can see gold came down to test this support trend line.
then gold created a consolidation phase. Spot is most likely to break either up or down.. do have bearish ideas just one for TV. Let me know what you guys think..?
dont take my trades as your own i can not be held responsible. take your time work on your own analysis and share it with me.
Happy trading.
Hindcopper👉Hindcopper is making same patterns again and again.
👉Flag is broken now wait for the retest to get positions.
👉 Market view- Bullish.
👀Keep an eye👀
Overview ✔️
Technicals ✔️
Financials ✔️
Volume ✔️
Fundamentals ✔️
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😊Happy Trading 😊
Note:Patience is a key to success.
Disclaimer: This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible of any profit or loss.
Bank of Baroda set for a Huge Uptrend. Long Swing tradeLeading banking stocks are moving higher breaking out from falling channel.
Similar breakout happened in Bank of Baroda which has given a successful breakout from its multi-year falling channel, retested it and continuing its upward move very smoothly. Also we can see a Flag & Pole pattern formation at the bottom of the downtrend indicating a near term target at 110-116 from CMP. RSI is also in a good upward momentum. Upmove comes with huge volumes.
High conviction trade.
You can also spot Cup & Handle pattern forming with a neckline zone of 87-93.
Happy trading!
Buy Idea S&P 500Wall Street and in particular the Nasdaq resumed its sell-off during the first half of the US trading session pressured by the continued weakness in high-flying tech names and the rising US Treasury yields. Better-than-expected job data and the outlook for more US fiscal stimulus stabilized markets now and pushed stocks that benefit from an economic reopening back in positive territory. The tech heavy Nasdaq dropped nearly 6% this week and is on pace for its worst weekly slide since March 2020. Pandemic winners such as Peloton (~ -19%) , Zoom (~ -14%) , Twilio (~ -16%) saw massive losses this week, but also blue chips such as Tesla (~ -14%) suffered strongly from rising inflation expectations. We position us LONG in the S&P 500, which was mostly dragged down from losses in tech and lost all it's gains from 2021. I expect the S&P 500 to end the day higher led by strong gains in the energy sector (with strong gains of ExxonMobil (+ 2.9%) and even stronger gains (as expected) from Chevron (+ 4.1%!) and the prospect of a strong recovery (support by cheap money and further fiscal stimulus) to outweigh fears of higher interest rates for the first time this week.
Buy Idea CAD/JPYEquity markets remain bearish from a technical perspective and most analysts were also expecting further losses on Monday. Instead, as we predicted, we see an improvement in risk sentiment , a decline in US Treasury yields from last week's highs, and a strong performance from Asian/European markets so far. We also see stocks mostly in the green in the pre-market US session. We have been ahead of the markets again. More and more investors seem to understand that the recent rise in bond yields was a sign of an accelerating economic recovery, not a slowdown. Economic numbers also point in the right direction, including US labor market data. The jobless claims number for the week ended February 20 came in at 730K (versus 845K expected). We see additional optimism in the global economy thanks to the progress of a huge US stimulus package which provides tailwinds to commodity prices, while vaccination campaigns continue to accelerate and are already showing positive results.
LHA Buy IdeaAlthough we see a broad rally today we see travel and small cap companies outperforming. Johnson & Johnson's COVID-19 vaccine was authorized for use in the US over the weekend. It is the third approved drug in the US, following the vaccines from Pfizer/BioNTech and Moderna. However, while the earlier two vaccines required two doses, the drug from J&J is a single-dose application. Vaccinations could start in the US as early as tomorrow. It will dramatically speed up the number of Americans vaccinated in the coming weeks, bringing the full reopening of the economy nearer. Meanwhile data from the UK show that the rapid vaccine rollout is starting to have an impact . As the elderly were the first to be vaccinated, starting Dec. 8, it’s noticeable that COVID-19 related deaths are falling fastest in those age groups. The UK and other European countries started to reopen their economies with now more and more German senior officials, such as Finance Minister Olaf Scholz, to call for a quicker reopening of Europe’s largest economy increasing pressure on German chancellor Angela Merkel to ease Germany’s coronavirus curbs. Germany's largest airline rose more than 3% today, sees some profit taking, but will soon find support (€12.50 - €12.65) and rise further towards €13 .
GOLD Zones watch for trade GOLD is rangebound for now watch zones for trades. chances are high that the market reacts to them always watch these zones (even market breaks them or restest or reversal will happen also add confluence for trade). for now, keep watching these zones. AND HAPPY NEW YEAR 2021 :)