ETH - Retesting Support Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been bearish as an over-extended correction phase, and currently approaching a massive support zone $2000 - $2,200.
The support is also intersecting with a long-term trendline.
Thus as long as the $2000 holds, we will be looking for long-term bullish setups.
📚 As per my trading style:
As #ETH approaches the support 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
History repeats?This has been by far my favorite company to trade this year, it has given me great returns.
Look at the consolidation inside the blue rectangle, and what price did after it broke.
And it looks like it is about to do it again.
This is simple, be patient for an entry above the rectangle breakout at $580 with target at $600
BTC - One More Impulse...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading within the rising flat wedge in orange.
Currently, BTC is undergoing a correction phase and approaching the lower bound of the wedge.
Moreover, the $63,000 - $63,500 is a strong demand zone.
🏹 Thus, as long as the lower orange trendline holds, we expect the bulls to kick in soon!
📚 As per my trading style:
As #BTC approaches the orange trendline, 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
HDFCBANK : Cup & Holder at Weekly chart // Bull run start?www.tradingview.com
HDFCBANK : After a long years of consolidation started in Jan-21, now about to breakout through Cup & Handle Pattern.
Here are few pointers for the pattern's stability:
1. Pattern is made on weekly chart which is substantially large time frame.
2. Consolidation time is very long ...almost touching 4-years.
3. RSI is at 80 which is extremely bullish.
4. Momentum / ADX is too bullish.
5. All institutional analyst are bullish
The investment target can be atleast 45% up move in next 12 months period from current price level.
MKR/USDT 1W Chart Long-TermHello everyone, let's look at the 1W MKR to USDT chart, in this situation we can see how the price is staying in the downtrend channel, at its lower boundary.
Let's start by setting goals for the near future, which include:
T1 = $2,063
T2 = $2,454
T3 = $2,767
T4 = $3,080
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $1563
SL2 = $1250
SL3 = $953
Looking at the RSI indicator, we can see that we are already quite low, which may result in an attempt to change direction, the movement of which appears to have begun.
NEIRO - Following the Hype...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NEIRO has been overall bullish , trading inside the flat rising channel in orange.
Moreover, it is approaching a massive round number $0.001.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the $0.001 and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NEIRO approaches 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
BTC - Bearish Pressure Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per our latest analysis, BTC has rejected the $50,000 - $52,000 support zone and has been trading higher since then.
However...
BTC is currently approaching the upper bound of the red channel.
Thus, for the bulls to remain in control, a break above the upper red trendline is needed. In this case, a movement towards the $70,000 resistance would be expected.
Meanwhile, BTC would be bearish medium-term and can still reject the red trendline for one more leg down.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$SEI breakout confirmed! Time to go long!SEI/USDT Long Setup:
SEI/USDT has broken out of a symmetrical triangle pattern, which is generally considered a bullish signal.
CMP: $0.3285, with a retest zone at $0.3191.
Entry: Around current price or retest zone.
Targets:
T1: $0.3500
T2: $0.4000
T3: $0.4500
T4: $0.5000
T5: $0.5500
Stop Loss: $0.3 (below wedge support).
Leverage: 5x-10x (use caution).
Risk: Manage position size based on tolerance.
BITCOIN: Q1 2025 – The Rise Awaits!Something to keep in mind: MARKETSCOM:BITCOIN takes an average of 36 weeks to break above previous all-time highs (ATHs) after halving years.
Considering this, the next potential breakout could be around January 2025. There’s still a long way to go before any significant movement, according to this metric, which aligns with historical trends. I believe people are overly anxious since we've been trading near ATH levels.
We can also use this to identify previous tops and bottoms. Currently, the market remains bullish, and if it triggers the next leg up, the next #Bitcoin top is projected for September 2025.
That’s just a year away!
With historical data, we can attempt to time price movements. History doesn't repeat itself, but it often rhymes...
Will this time truly be different?
$TIA Breakout: Ready for a Bullish Rally!LSE:TIA USDT: Long Position 🚀
TIA is breaking out from a falling wedge pattern, which is a bullish reversal setup. The price has recently breached the upper trendline resistance, signalling a potential strong upward move. If the breakout holds, there is significant upside potential as marked in the chart.
Entry Point: Current Market Price (CMP) around $5.20
Additional Positions: Consider adding more if the price retests the trendline support near $4.80–$5.00.
🎯 Targets:
$6.20
$7.80
$8.50
$9.80
$12.5(Final Target)
⛔️ Stop Loss (SL): $4.60 to manage downside risk.
⚖️ Leverage: Use leverage cautiously, between 3x and 5x depending on your risk tolerance.
#Crypto
SasanSeifi|A Quick Overview of Bitcoin’s MovementHey there, ✌In this analysis, we’re taking a broad look at Bitcoin's trend. As observed on the 20-day chart, Bitcoin rallied from the $16,000 range, leading to a price increase that saw it reach an all-time high (ATH) of $73,700. However, after failing to hold and close above $70,000, the price entered a consolidation phase and eventually corrected to fill the gap near $49,800.
Currently, candles are closing above the critical $54,100 liquidity level, with Bitcoin now trading around $60,000. The market remains in a ranging phase. Historically, we’ve seen Bitcoin make significant moves around November each year, and as we approach the end of 2024, it's possible we could see a similar trend, whether upwards or downwards.
It’s also worth noting that we have upcoming elections, which could impact the cryptocurrency market. Based on this, the scenarios we can consider are as follows: Bitcoin is likely to remain in this range or experience corrections down to the $46,600–$46,000 targets by year-end. However, a breakout and consolidation above $70,000 could pave the way for a further upward trend, with targets in the $77,700–$80,000 and $85,000 ranges.
This is a long-term view, and to confirm a bullish trend, we need to see price stability above $70,000.
If the price corrects to the aforementioned support zones, it will be crucial to observe how it reacts for a better understanding of the next moves. Stay tuned for updates, and don’t forget to like and follow for the latest analysis. I’d love to hear your thoughts in the comments!✌🙌
❌This analysis is my personal viewpoint and not financial advice.
ROSE - Getting Ready...Hello TradingView Family / Fellow Traders,
On Monthly: Left Chart
ROSE has been hovering within a big range between $0.05 and $0.2.
Currently, ROSE is hovering around the lower bound of the range, so we will be looking for buy setups on lower timeframes.
On Daily: Right Chart
📉 ROSE has been bearish trading within the falling channel in red.
📈 For the bulls to take over, we need a momentum candle close below above the last major high marked in red.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
QuantumScape: A Battery Revolution or a Risky Venture?QuantumScape Corporation, a trailblazing firm specializing in solid-state batteries, has garnered significant attention in the investment sphere. Given its capacity to transform the electric vehicle (EV) sector, numerous investors are closely monitoring this company. Nevertheless, before delving into the realm of QuantumScape, it is essential to grasp the associated risks and potential rewards.
Is It Time to Buy or Sell QuantumScape?
Deciding whether to purchase or sell QuantumScape stock is influenced by various factors, such as your investment objectives, risk tolerance, and the financial stability of the company. Despite the significant potential of QuantumScape's groundbreaking technology, it is crucial to take into account the following:
Research and Development: The company is currently in the initial phases of bringing its solid-state battery technology to the market. There is a possibility that obstacles in development or unexpected technical challenges may cause delays or hinder the successful introduction of products.
Competition: The electric vehicle sector is fiercely competitive, with established companies like Tesla and emerging rivals competing for market share. QuantumScape must distinguish itself and establish partnerships to establish a significant presence in the industry.
Financial Performance: Being a relatively young firm, QuantumScape's financial performance could be subject to fluctuations. Investors should meticulously scrutinize the company's financial reports, encompassing revenue, expenses, and cash flow, to evaluate its overall financial well-being.
The Role of Call and Put Options
For investors aiming to manage risk and potentially capitalize on QuantumScape's stock price movements, purchasing call or put options can be a beneficial strategy.
Call Options: If you anticipate an increase in QuantumScape's stock price, acquiring a call option grants you the right to buy the stock at a predetermined price (strike price) within a specified time-frame. If the stock price surpasses the strike price, you can exercise the option and profit from the difference.
Put Options: If you foresee a decline in QuantumScape's stock price, purchasing a put option provides you the right to sell the stock at a predetermined price within a specified time-frame. If the stock price drops below the strike price, you can exercise the option and profit from the variance.
When deciding between call and put options, consider your projected stock price direction and your risk tolerance. Keep in mind that options trading can be intricate and involves substantial risks.
QuantumScape's Financials and Investor Sentiment
To make a well-informed investment choice, it is crucial to assess QuantumScape's financial performance and the sentiment of professional investors.
Financial Analysis: Evaluate the company's revenue growth, profitability, and cash flow to evaluate its financial stability. Look for indications of sustainable growth and robust financial management.
Investor Sentiment: Take note of analyst ratings, news articles, and investor discussions to gauge the general sentiment towards QuantumScape. While positive sentiment can be a bullish sign, conducting your own due diligence is essential.
A Word of Caution
Investing in stocks, including QuantumScape, carries risks. There is no assurance of profits, and there is a possibility of losing a portion or all of your investment. Conduct thorough research, comprehend the risks involved, and only invest an amount that you can afford to lose.
Conclusion
QuantumScape offers an enticing opportunity for investors seeking exposure to the potential of solid-state batteries. Nevertheless, it is essential to approach this investment cautiously and consider the inherent risks. By meticulously analyzing the company's financials, investor sentiment, and potential market dynamics, you can make an informed decision on whether QuantumScape is a suitable addition to your investment portfolio.
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Rating: BUY
The article information and the data is for general information use only, not advice!
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Risk Warning Trading stocks and options is a risky activity and can result in losses. You should only trade if you understand the risks involved and are comfortable with the potential for losses. Risk Disclaimer! General Risk Warning: Trading on the Financial Markets, Stock Exchange and all its asset derivatives is highly speculative and may not be suitable for all investors. Only invest with money you can afford to lose and ensure that you fully understand the risks involved. It is important that you understand how Trading and Investing on the stock exchange works and that you consider whether you can afford the high risk of loss!
INVESTMENT IDEA - PAGE INDUSTRIESPage Industries presents a compelling investment opportunity, supported by both technical indicators and robust fundamentals.
Reasons are listed below :
Technical strengths :
The psychological level of 35,000 has shifted from a resistance point to a strong support level, reflecting market confidence in the company's prospects.
The formation of a hammer candlestick pattern on the weekly chart signals a potential reversal from a downtrend, indicating buyer support at lower price levels.
Finding support at the 0.5 Fibonacci retracement level suggests a healthy correction within an overall uptrend, reinforcing investor confidence.
Page Industries' stock price is supported by the 200 Exponential Moving Average (EMA) on the weekly timeframe, highlighting its stability even during market fluctuations.
Fundamental Strengths:
With well-established brands like Jockey and Speedo, Page Industries maintains a competitive edge and market leadership.
Consistent revenue growth and profitability underscore the company's financial health and prudent management.
Strategic partnerships and expansion efforts enhance Page Industries' market presence and growth prospects.
Page Industries' focus on product quality, innovation, and customer satisfaction ensures its offerings remain relevant and competitive.
Target - 43000 // 53000 // 67000
Stoploss - monthly close below 27000
ROSE ANALYSIS🚀#ROSE Analysis : What Next ??💲
✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #ROSE. We are expecting a bullish move in #ROSE after a breakout of falling wedge pattern
🔰Current Price: $0.06235
🎯 Target Price: $0.09755
⚡️What to do ?
👀Keep an eye on #ROSE price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#ROSE #Cryptocurrency #TechnicalAnalysis #DYOR
TNSR/USDT: Primed for a Bullish Breakout!$TNSR USDT: Bullish Setup 🚀
TNSR is forming a symmetrical triangle, a pattern signaling a potential breakout. The price is consolidating and nearing the apex, preparing for a strong upward move. A break above the triangle's resistance could lead to significant upside momentum. 📈
Entry Point: Current Market Price (CMP) $0.357 USDT
📉 Add more positions on dips to support around $0.32 USDT.
🎯 Targets:
$0.43
$0.49
$0.65 (Final Target)
⛔ Stop Loss: $0.29 USDT to manage risk.
⚖️ Leverage: Use with caution, between 3x and 8x based on your risk tolerance.
DYOR & NFA
#Crypto #TNSR