NZDJPY - Follow The Flow 🌊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDJPY has been overall bullish, trading within the rising channel in blue.
Currently, NZDJPY is in a correction phase and it is approaching the lower bound of the channel acting as a non-horizontal support.
Moreover, it is retesting a strong demand zone at 89.5 marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline.
📚 As per my trading style:
As #NZDJPY is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Longterm
5PercentTrade Trade Ideas - SHARDA CROP#5PercentTrade #Equity #5%Profit_Trade_in_21_Days
Stock Name - NSE:SHARDACROP
Launching our next service of Equity Investment which is designed to give you 5% to 10% return in lest than 21 days via #Equity #Investment.
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers.
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Share this message to your friends and ask them to join
CKB 4hr time frame with bullish divergenceCKB 4hr time frame
with bullish divergence
must break resistance zone
( 0.018014 / 0.017249 )
4hr Candle MUST close ( on the 4hr time frame )
above top of zone mentioned
possible entry around 0.018488
1st target 0.023654
white circles = entry ideas
this is a scale in trade idea
stop loss 0.016796
This is for ENTERTAINMENT purpose Only.
Not Financial Advise
Always DYOR ( do your own research )
Cosmos (ATOM) Long Term IdeaWithin the bullish rally one of the most iconic altcoin will start a rally in its own.
I expect ATOM to go higher %170 in 40 or 50 days at most.
It's a long term setup analyzed with Elliot Waves Theory.
All targets on the chart.
Risk is a part of the game.
Good luck to us all.
5 Percent Trade Ideas - IKIO#5PercentTrade #Equity #5%Profit_Trade_in_21_Days
Launching our next service of Equity Investment which is designed to give you 5% to 10% return in lest than 21 days via #Equity #Investment.
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers.
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Share this message to your friends and ask them to join.
BTC - Next Stop => 60,000 📍Hello TradingView Family and Fellow Traders,
This is Richard, also known as theSignalyst.
📉 BTC has shown an overall bullish trend, trading within the rising broadening wedge pattern highlighted in orange.
It's evident that BTC has been respecting significant round numbers, particularly the 10,000 marks.
📍 Therefore, following its breakthrough above 50,000, our next target is 60,000, coinciding with the upper boundary of the wedge pattern.
📚 Always adhere to your trading plan, especially regarding entry points, risk management, and trade execution.
Wishing you all the best of luck!
Remember, All Strategies Are Effective When Properly Managed!
~Rich
Gold Prices Reaching 2060 !!Hello :)
Based on my analysis Gold price retreats after reaching 50-day Simple Moving Average , mixed sentiment prevails
• Gold price pulled back after reaching the 50-day Simple Moving Average (SMA) at $2,033.67 during the European session, currently down by 0.40% due to a decline in the value of the US Dollar (USD).
• The drop in gold prices is also attributed to an increase in the US 10-year Treasury yield and reduced expectations of a dovish stance from the US Federal Reserve (Fed).
• Although sentiment remains mixed, there is a slight negative bias favoring the US Dollar, with speculators pricing out the possibility of a rate cut by the Fed in March and May.
• Gold price continues in an uptrend according to the H1 Frame, with potential resistance areas to watch for in the rising wave.
Long term trade:
Buy @ 2042
TP 1: 2046
TP 2: 2056
TP 3: 2060
SL : 2030
INJ - Bullish Momentum Persists 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 INJ has been overall bullish , trading above the red trendline.
Currently, INJ is hovering around the trendline acting as a non-horizontal support.
Moreover, the 30.0 marked in green is a strong support zone.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and red trendline.
📚 As per my trading style:
As #INJ is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📈 In parallel, for the bulls to take over medium-term and start the next impulse movement that will lead to the 50.0 round number, a break above the last major high in red at 40.0 is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ATH, growth curves AND when to buy, when to sellWe are on the way to seeing another ATH, There will be a pullback before we get there, Big picture, I'm long. BTC has potential to hit 500k.
I will be posting my predictions on shorter timeframes and reacting to the market conditions by adding to this post
📌BTC vs USDT.D - Who Follows Whom? 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I always keep an eye on USDT.D to gauge the overall crypto market sentiment.
📚 Today, I want to demonstrate the correlation between BTC and USDT.D:
- Last month, BTC broke above the previous major high (shown in blue), while USDT.D broke the previous major low and initiated an impulse movement.
- BTC is currently fluctuating within a narrow range around the $53,000 resistance level, while USDT.D is hovering around the 5% support level and the round number.
- BTC is expected to maintain its bullish trend unless it breaks below the last major low at $50,500, which would correspond to USDT.D dropping below 5.29%.
And so on... the picture is self-explanatory.
The question is... Who Follows Whom?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
RNDR Navigating Virtual Reality Boom with 360% Upside PotentialToday, our focus is on RNDR coin, a potential powerhouse in the long-term landscape. Given the rapid advancements in Virtual Reality technology and the expanding marketplace, RNDR stands poised to play a pivotal role, potentially leading to a meteoric rise in its value over the years. While the long-term outlook is promising, let's delve into the potential price perspectives for the next 3-6 months.
To kick things off, RNDR has solidified a robust uptrend, with each preceding supply area seamlessly transitioning into a demand zone. Notably, RNDRUSDT recently breached the resistance uptrend trendline, signaling an intensified bullish pressure. For the upcoming months, our attention turns to three key resistance levels determined by the Fibonacci retracement indicator.
The initial hurdle, the 361.8% Fibonacci level, could catapult RNDR by an impressive 140%.
The second, more significant challenge lies at the 561.8% Fibonacci level, promising an enormous 250% growth.
The pinnacle of this bullish cycle rests at the 761.8% Fibonacci level, translating to an astounding 360% surge from the latest demand zone.
In summary, RNDR's future appears exceptionally optimistic, and we remain vigilant, closely monitoring this coin's trajectory.
[TSLA] Tesla Idea of Investment EntryJust bought the open on TSLA today after PM-Break.
My main motivation came from the reverse H&S pattern we can see on 4h timeframe / 1D timeframe and touch of the low band of bearish channel.
I want to see NASDAQ:TSLA to the huge daily level we had previously but keep a close eye for potential reverse.
Great Trade !
Natural gas FibonacciNatural gas has a nice correction after the traders cash out their position after a big rally in price.
In this analysis i use Fibonacci retracements to see in the short term were the price can go.
The price hit 0.618 zone Fibonacci retracements in the correction down move so i expect to go back on the 0.618 zone Fibonacci expansion.
My TP is 1.720
Don't forget guys, this is just my opinion.
Good luck!
ETH - Make or Break Zone!Dear TradingView community and fellow traders,
I find the daily chart for ETH to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST
1️⃣ => Non-Horizontal Resistance
ETH has been overall bullish from a long-term perspective, trading within the rising broadening wedge in blue and now approaching the upper bound / blue trendline acting as a non-horizontal resistance.
2️⃣ => Overbought
From a medium-term perspective, ETH has been trading inside the rising broadening wedge in red, and it is currently hovering around its upper bound / red trendline acting as an over-bought zone.
3️⃣ => Round Number
This week, ETH has been hovering around the $3000 which is a massive round number and psychological level.
🗒 That's why the blue circle with the red circle inside it is a zone to keep an eye on, as it is the intersection of three rejections.
📈 If broken upward, expect further long-term bullish continuation.
📉 In parallel, if $2850 is broken downward, expect the bearish correction to start.
📚 Hope you find this post useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques.
All Strategies Are Good; If Managed Properly!
~Richard
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
Med/Long term BUY - FSL heading for ATH after Volume breakout?Many technical parameters have indicated that Firstsource Solutions Ltd (FSL) could double from current levels of around 120-130 to at least 240 within 1 year. Multiple TA indicators have aligned together, including volume increase between 9May23 to 14Jul23.
It is a medium to long term buying opportunity for upto 100% gains with a Stop Loss (SL) of 112 (15% risk).
Also, FSL is a fundamentally sound company, with current Market Cap of ₹ 9,325 Cr. and:
- Dividend payout of 47.5 % (yield of 2.64 %)
- P/E 18.3
- Stock Face value - ₹ 10
FRONT ANALYSIS🔮 #FRONT Analysis 💰💰
📊📊 #FRONT is making perfect and huge rounding bottom pattern in 3d time frame, indicating a potential bullish move. Also there is a formation of ascending channel. If #FRONT breakout the pattern with high volume then we will get a bullish move📈
🔖 Current Price: $0.5177
⏳ Target Price: $0.9204
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#FRONT #Cryptocurrency #Pump #DYOR
Hidden Gem in Tech Investments for 2024? Is Karooooo Ltd. (NASDAQ:KARO) the Hidden Gem in Tech Investments for 2024? Unveiling Its Explosive Potential!
Introduction:
Karooooo Ltd. (NASDAQ:KARO), a powerhouse in mobility software-as-a-service (SaaS) solutions, has been making waves in the connected vehicle space. With a comprehensive suite of services designed for fleet management, risk management, and logistical optimization, Karooooo's recent financial performances and market positioning suggest a company on the rise. This analysis delves into the details, providing investors with a clear picture of Karooooo's potential.
Revenue and Profit Forecasts:
Karooooo has demonstrated a strong financial performance, with a noteworthy increase in subscription revenue and earnings in Q2 2024. This trend is underpinned by an innovative product lineup and a solid market presence, promising a bright future for the company. Analysts have set the price target for KARO shares to range from $29.00 to $31.00, indicating a potential upside of approximately 21.9% from its current price.
Growth Drivers:
The primary growth drivers for Karooooo include its cutting-edge Fleet Telematics, LiveVision, MiFleet, and Karooooo Logistics platforms. These solutions cater to a growing demand for efficient fleet management and connected vehicle services across various sectors. Moreover, the company's strategic geographic expansion and focus on innovation are pivotal to its growth trajectory.
Recent Financial Performance:
Karooooo reported impressive earnings for Q3 2024, with EPS and revenues surpassing analyst expectations. This performance reflects the company's ability to exceed in a competitive landscape, reinforcing its market position and investment appeal.
Technical and Market Outlook:
Despite a fluctuating market, Karooooo has shown resilience with a relatively stable share price. The company's stock demonstrates less volatility compared to the broader software industry, suggesting a potentially safer investment in a volatile tech sector.
Conclusion:
Karooooo Ltd. stands out as a compelling investment option within the tech sphere, thanks to its robust financial performance, innovative service offerings, and strategic market positioning. As the company continues to navigate the dynamic tech landscape with agility and innovation, it presents a unique opportunity for investors seeking growth in the connected vehicle sector. With analysts forecasting a positive upside, Karooooo is undoubtedly a stock to watch in 2024.
---------------
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
RNDR is Ready to Explode !RNDR is an uptrend for a while and actually, it hasn't even gave the value it's supposed to give.
What do we have ? Let's discuss:
RNDR will pump more after a small correction according to Elliot wave theory. We are currently in wave 3. But inside that wave three we are about the see corrective wave known as A-B-C .
After the C ends, it will start a new uptrend with a 5 small waves. Because the main trend is going up.
+Nvidia is about the make an operation based on these kinds of products and RNDR is a partner of Nvidia. It can also help the price to pump more.
According to my analysis, RNDR should go 6.5 at least. Of course it's for only wave 3. After correction wave 4, we can expect more.
If you are willing to invest on this product, I'd not suggest to use leverage. There is already high potential gain and no need to risk it with leverage incase of an event after some bad news.
I'll share updates about this one often so you better keep up!
Good luck to us all.