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Technical Analysis

Angel One (ANGELONE) Set to Soar: Key Technicals Align for Major🚀 Angel One (ANGELONE) Set to Soar: Key Technicals Align for Major Upside! 📈 Why You Should Care: Angel One Ltd is on a bullish trajectory, and everything from price action to technical indicators is screaming buy! If you’re looking for a stock with explosive potential in the short term, this is one you don’t want to miss. The chart is telling a story of momentum, and the technicals back it up. 🔥 Key Technicals: Bullish Marubozu on both weekly and monthly charts—strong momentum! RSI has just broken key resistance, signaling unstoppable strength. Volume breakout confirms sustainability of the price rise. Donchian Bands and Bollinger Bands are signaling a breakout is just around the corner. Stochastic reading of 98 and CCI at 136—bullish indicators all the way! 🚀 Why It’s a Game-Changer: This stock is screaming for attention—bullish candles, RSI breakouts, and a strong volume surge make Angel One a solid pick for a swing trade or BTST play. With the momentum backing it up, there’s significant upside potential in the short term! 💥 Take Action NOW: Don't miss out on this opportunity! Keep a close eye on ANGELONE—if the momentum continues, you could see some solid returns. 👉 Add ANGELONE to your watchlist and stay ahead of the trend! 🔔 Set your alerts and make sure you're ready to act when the breakout happens! Possible levels to watch: 3340 - 3590 - 3850 - 4105
NSE:ANGELONELong
by ruelfernandes
ELECON Ltd: Bullish Breakout in Motion – Ready for Your Next TrELECON Ltd is powering through with a strong bullish phase, backed by a bullish Marubozu candle and rising volume, signaling a solid uptrend. With technicals lining up for continued growth, this stock is turning heads! 📊 Donchian Bands: New highs, indicating potential breakouts ahead! 🔥 Bollinger Bands: Positive breakout confirms sustained upward momentum. 📈 RSI: At 59, there's room for more growth without hitting overbought territory. 🚀 Stochastic: A scorching 97 shows strong bullish momentum. Looking for your next BTST or swing trade? ELECON is offering compelling potential with strong bullish momentum and excellent technical backing. Don't miss out – keep an eye on ELECON for your next big move!
NSE:ELECONLong
by ruelfernandes
EPL Ltd Breakout Alert: 52-Week High + Bullish Momentum! Ready f📈 EPL Ltd (EPL) is showing explosive bullish momentum and has recently achieved a 52-week breakout, positioning it for potential short-term gains. Here’s why EPL should be on your radar: 🔑 Key Technical Highlights: Bullish Marubozu Candle: Strong buyer dominance, signaling a solid uptrend. RSI Breakout (63): Momentum is building; watch for continued upward pressure. Volume Breakout: Price surge supported by heavy volume—confirming buyer interest. Donchian Bands: New highs suggest further breakout potential ahead. Bollinger Bands: Positive breakout confirms the strength of the current trend. Stochastic (94) & CCI (195): Strong overbought levels indicate market strength. MACD Bullish Crossover: A confirmed bullish signal, pointing to sustained upward movement. 200 EMA: Price above the EMA, and both price and moving averages are trending up, showing a strong uptrend. Bullish Candlestick Patterns: 🔥 Long White Candles across the Daily, Weekly, and Monthly timeframes indicate consistent bullish pressure and potential for further upward movement. Why This Could Be a Great Trade: Possible Swing Trade: Targeting short-term profits with strong bullish indicators. Possible BTST (Buy Today, Sell Tomorrow): Perfect setup for quick gains. 📢 Don’t miss out on this breakout opportunity – EPL is trending upward, and the momentum is strong! 💥 🚀 Are you ready to take action? 💬 Share your thoughts, predictions, or trade setups in the comments below! 🔔 Follow for daily stock analysis and stay ahead of the market. Possible levels to watch out : 324-360-396-432
NSE:EPLLong
by ruelfernandes
TradeCityPro | AUDCHF : Approaching Historic Lows👋 Welcome to TradeCityPro! In this analysis, I’ll review the AUDCHF pair, currently positioned near its all-time low support, making the possibility of volatile movements high. 📅 Daily Timeframe: End of the Triangle In the daily timeframe, after a false breakout of the 0.56223 support and subsequent recovery from the 0.55233 level, the price has formed a symmetrical triangle. At the moment, the price is moving in the second half of the triangle. 📈 I usually avoid holding positions near the end of a triangle. For a long position, I prefer to wait for a breakout above the 0.5869 resistance and stabilization above this level. 🔑 If 62.76 on the RSI is broken, bullish momentum is likely to enter the market, increasing the probability of a breakout above 0.5869. 🔽 For a short position, if the triangle breaks to the downside, the first trigger will be at 0.56741, though this is considered risky. The main short trigger would be a break below 0.56223. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
1
TradeCityPro | EURCAD Analysis Reaching the Daily Box Target👋 Welcome to the TradeCityPro channel! Let’s dive into the forex market and analyze this popular pair, outlining key triggers for trading this week. 🌍 Fundamental Overview EURCAD reflects the economic interplay between the Eurozone and Canada, influenced by: 🇪🇺 Eurozone Fundamentals (EUR): ECB Policies: The European Central Bank's monetary stance (hawkish or dovish) significantly impacts the Euro’s strength. 🇨🇦 Canadian Dollar Fundamentals (CAD): Oil Prices: CAD is sensitive to oil fluctuations due to Canada’s major oil exports. Rising oil prices typically strengthen the CAD. Geopolitical tensions, trade balances, and global risk sentiment often sway EURCAD. The Euro acts as a reserve currency, while the CAD is risk-sensitive. 🕒 4-Hour Time Frame 1.4888 is the critical resistance, marking the top of the daily box (1.4888–1.5171). After breaking this level, the pair hit its target at 1.4556, a significant support level. The rejection at this resistance highlights its importance. The 1.4731 level, broken yesterday but reclaimed today, offers a potential trigger for entries. 📉 Short Position Trigger clear short trigger exists below 1.4731. Breaking this support could lead to further downside, targeting 1.4556. 📈 Long Position Trigger While momentum-driven long entries are possible if the RSI enters overbought, a more reliable entry comes from consolidating within the current range or forming higher highs and lows. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
1
DECEMBER MelaGold, I see the movement as bullish and expecting a reaction above the 2688 level. I can see the liquidity above that top and a gap that gold might fill before any downturn or even continuation to the upside, which is possible because of the seasonality. Technically am good to look for bullish bias with any setup I get here above level 2605. the market can break 2605 and continue to the upside as well in another scenario which am seeing it as a lower probability for now. let's see how the market gonna play this scenario for now As always, market wins! trade with care. be a part of the market OANDA:XAUUSD FXOPEN:XAUUSD TVC:DXY TVC:US10Y
OANDA:XAUUSDLong
by pcnafi
TradeCityPro | NEARUSDT Analysis Attempting to Reach a New ATH👋 Welcome to the TradeCityPro channel! Let's analyze one of my favorite coins, NEAR, and evaluate its potential short-term and long-term targets. 🌍 Bitcoin Analysis Before starting the NEAR analysis, as usual, let's take a look at Bitcoin during the London session. Bitcoin is still ranging and even slightly trending downward. On the other hand, Bitcoin dominance (BTC.D) has a clear bearish trend, allowing altcoins to pump and move upward. Educational Note on BTC.D: If Bitcoin breaks above $100K, BTC dominance will likely rise initially, pushing altcoins along with Bitcoin. Later, BTC dominance might retrace to levels like 59.60, enabling another altcoin rally. 📅 Weekly Time Frame NEAR stands out as one of the coins that made a significant bullish move early on, even before the broader crypto market rallied in 2023. After breaking out of its falling wedge pattern, NEAR initiated an upward trend. falling wedge is inherently bullish and signals a trend reversal, especially when observed on higher time frames. NEAR never revisited its major support at $3.736 and instead bounced strongly from there. The coin is now approaching its previous peak of $8.289. After bouncing off the 0.382 retracement level (from $3.736), NEAR looks ready for further upside , Potential Fibonacci extension targets: $13.556 - $30.183 - $53.370 Upon breaking $8.289, we can plan an entry while adhering to risk management, with a stop-loss at $3.736 for mid- to long-term holding. 📊 Daily Time Frame NEAR recently bounced from $3.525, initiating a strong rally that reached the resistance at $8.289. The price experienced rejection at this level, leading to a consolidation phase. Abeautiful parabolic trendline can be observed, where NEAR continues forming higher highs and higher lows , Each touch of this trendline has resulted in a bounce so far. Breaking this parabolic line could indicate a short-term correction but doesn’t necessarily mean a full trend reversal. Post-breakout above $8.289, with RSI entering the overbought zone (around 78.90), is a potential buy signal , Suggested stop-loss levels: Risky: $10.50 - Safer: $7.51 Personally, I’d rather take a stop-loss than miss out on a breakout caused by whales. ⏳ 4-Hour Time Frame NEAR has been ranging between $7.16 and $13.78 for several days, clearly defining potential triggers 📈 Long Position Trigger break above $13.78 presents an excellent opportunity to open a long position, with even a stop-buy setup before reaching the level. 📉 Short Position Trigger I am currently not considering short positions, focusing solely on long entries after corrections. 💡 BTC Pair Insight NEARBTC has also shown a strong setup. After its rally in 2023 and early 2024, it has been consolidating gradually. NEARBTC hasn’t revisited its key support this year, which is a positive sign. The coin is now breaking a key resistance trendline, further justifying a focus on USDT-based triggers. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
20
AEVOUSDT --> Just One Step Away From a Price SurgeThe AEVOUSDT chart presents an interesting scenario where price action remains constrained within a key resistance zone, but recent developments suggest the possibility of a breakout. Currently, the price is facing significant resistance near the 0.53–0.60 USDT level, a region where sellers have previously maintained control. Despite this, the chart reflects encouraging signs: the formation of a higher low (a newly established bottom) supported by an ascending trendline. This development is particularly noteworthy in the context of broader market dynamics. As Bitcoin’s dominance in the cryptocurrency market gradually diminishes, altcoins like AEVO are finding opportunities to gain momentum. This shift in capital flow creates a fertile environment for AEVO to realize its bullish potential. Before the price can decisively break through the resistance, a retest of the trendline is reasonable. This retest, likely within the 0.40–0.45 USDT range, will serve as a litmus test for the strength of buyer support. If the trendline holds, AEVO will be well-positioned to push higher, eventually targeting the 1.1 USDT mark as investor confidence builds and resistance levels are surpassed.
Long
by tradingsmithaltcoin
Voltas Ltd Technical Analysis1.Chart Pattern: The stock has been consolidating in a descending channel, with a recent breakout above the upper trendline of the channel. This breakout could indicate a bullish reversal if sustained. 2.Key Levels: Support Zone: ₹1,670 - ₹1,700 (highlighted area). Immediate Resistance: ₹1,732 (horizontal dashed black line). Target 1: ₹1,762 (short-term resistance). Target 2: ₹1,838 (medium-term resistance). Target 3: ₹1,926 (long-term resistance). 3.Indicators: RSI (14): Currently at 48.58, indicating neutral momentum. A move above 50 could strengthen bullish sentiment. EMA Levels: 20 EMA: ₹1,697 (stock near this level). 50 EMA: ₹1,720. 100 EMA: ₹1,670 (acting as strong support). 200 EMA: ₹1,517 (long-term trend support). 4.Volume Analysis: A significant spike in volume was observed during the breakout, supporting the bullish case. 5.Price Action: The breakout candle indicates buying interest. If the stock holds above ₹1,732, it could move toward ₹1,762 and higher levels. 6.Risk-Reward: Entry Zone: ₹1,700 - ₹1,732 (post-pullback to breakout zone). Stop Loss: Below ₹1,670 (key support). Target Range: ₹1,762 – ₹1,926. Trading Plan Bullish Scenario: A breakout above ₹1,732 and sustained momentum could lead to ₹1,762 and ₹1,838. Bearish Risk: If the stock falls back into the channel and breaks below ₹1,670, the downtrend may resume. Conclusion Voltas Ltd. is at a critical juncture, showing potential for a bullish breakout. However, confirmation above ₹1,732 is crucial for the upward move. Traders should watch volume and price action for further clarity.
NSE:VOLTASLong
by AngshumanSaikia
EUR/USD: Strategic Short Opportunities UnveiledThe EUR/USD pair is entering a clear bearish correction phase on the 1-hour timeframe. With selling pressure from the OB Zone and strong bearish signals from the EMA indicators, the price is expected to continue moving towards lower support levels. Suggested Trading Strategy Entry Points (Short Entry): Open a short position when the price slightly retraces to the OB Zone (~1.0522-1.0538). Alternatively, consider entering a short trade if the price breaks below the nearest support level without retracing. Take Profit (TP): TP1 at 1.0460. TP2 at 1.0385. Stop Loss (SL): Place the stop loss above the OB Zone (~1.0540), as this is where the price may trigger an unexpected reversal.
Short
by Jack5cu
Bitcoin breakthrough: The journey to conquer a new heightBTC/USDT is in a trend of increasing sharply after breaking down the long -term decrease. Technical factors such as new increase channels, EMA support, and important support areas have strengthened the ability to continue increasing prices. With an appropriate trading strategy, investors can take advantage of the adjustment to participate in the market, with the expectation of higher prices. However, it is necessary to comply with risk management and closely monitor the new market developments to adjust the strategy in time. Trading strategy suggested Input score (entry): Buy when the adjustment price to the first support area (~ 90,000 USDT) or when the signal appears to increase from EMA 34. Monitor candle signal like Engulfing Bullish or Pin Bar to confirm the purchase force. Short -term goal: 96,000 USDT. Medium -term target: 112,000 USDT.
Long
by tradingsmithaltcoin
Bitcoin's Bearish Outlook: Targeting the $91,000 Support ZoneBitcoin is approaching the important resistance area ($ 98,000 - $ 99,000) in its increasing channel, but weakness shows the possibility of being rejected. If BTC does not pass this level convincingly, a fake breakthrough may occur, triggering a sharp decline. The next goals are the $ 92,859, $ 90.754 support area, in accordance with the lower boundaries of the channel and the main bridge area. This area is expected to attract significant buying interest, making it an important level to be monitored.
Short
by tradingsmithaltcoin
2
XAUUSDGold prices were under pressure yesterday as the PMI news was released, which was good for the dollar and Treasury yields rose. However, gold prices were supported by the forecast of a December Fed rate cut and geopolitical tensions in Syria and Russia-Ukraine, creating a push into safe havens. Gold prices are currently moving sideways in a large range between 2633 - 2666, the nearest resistance is still at 2660 - 2665, and there is no clear trend for gold at the moment. If this Sideway zone is broken, Gold may find the nearest resistance at 2683-2688. Consider using the support at 2620 - 2625 to catch up with the uptrend of Gold. ‼️XAUUSD BUYZONE 2624 - 2626 SL 2621 TP 2628 - 2630 - open ‼️XAUUSD SELLZONE 2661 - 2663 SL 2666 TP 2659 - 2655 - 2650
OANDA:XAUUSDShort
by Jack5cu
1
Gold → The correction is gaining momentum. The next target is 24Hello, dear traders, Ben here! Gold faced significant supply on Monday and broke a four-day winning streak, indicating that gold prices are ready to reach lower levels, such as down to 2547-2470. What has happened and what will happen? Demand for the dollar has increased at the expense of gold. At the same time, the U.S. Personal Consumption Expenditures (PCE) index for November still rose 2.8% year-over-year, higher than the forecast and the Federal Reserve's (FED) target of 2%. These factors could make the FED more cautious in continuing to cut interest rates in the short term. In the medium term, the focus is on the non-farm payroll report; if the data shows a robust labor market, the Federal Reserve (Fed) is more likely not to cut interest rates. That will boost the USD and could negatively impact gold. On the H4 chart, gold is in a local downtrend channel and below the psychological resistance level of 2643. If the bears keep the 2633-2643 region under control, gold may continue to weaken towards the 2547 - 2470 level. Technically, after a week of low liquidity due to the holidays, this metal may enter a consolidation phase, for example, in the 2643 - 2623 area, but it is still noteworthy to pay attention to the resistance and support levels from which strong moves can form...
OANDA:XAUUSDShort
by Bentradegold
TradeCityPro | SEI : Bullish Momentum with Key Resistance👋 Welcome to TradeCityPro! In this analysis, we’ll evaluate the performance of SEI, a blockchain designed for decentralized futures trading. For a deeper understanding of the project, you can review its whitepaper. ⏳ Daily Timeframe: High Buying Volume and Uptrend The daily chart shows a bullish trend supported by a trendline that has been tested three times. Currently, the price is well above this trendline. As long as the price remains above it, the overall trend will stay bullish. 📈 A breakout above $0.6944 could push the price to the next target of $0.9733. Beyond this resistance, SEI may aim for new All-Time Highs (ATH). 🔑 RSI entering the Overbought Zone (above 70) could trigger a sharp upward move. 🔽 In a bearish scenario, the price could correct to $0.5284 initially. A deeper correction might bring it down to the trendline and the $0.4006 support level. 📊 Currently, buying volume exceeds selling pressure, indicating that a correction is unlikely unless significant selling pressure enters the market. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, we’ll focus on identifying potential futures trading triggers: 🔼 For long positions, a breakout above the $0.6944 resistance, especially with increasing buying volume, would be ideal. If RSI also breaks the 50 level, the likelihood of overcoming this resistance increases. 📉 For short positions, a break below the $0.596 level could act as a trigger. However, personally, I avoid shorting as long as the price remains above the daily trendline. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
3