BTCUSDT - halving countdown, what's next?#BTCUSDT... as we discussed in my perveious idea about 64800 to 65000 area,
And you can see how beautifully hold you area and before that market placed 59000 around day low in morning,
So guys upside we have same area around 65000 that is you key level and one n only area if market hold it the. You can see a drop towards 58000 and if market clear 58000 then a further drop are waiting,
Keep close it and don't be lazy here.
Good luck
Trade wisely
Tradingview
Bitcoin Halving Contest: Time’s Ticking, But When’s It Kicking?Buckle up, crypto enthusiasts! The Bitcoin Halving is on the horizon, and the countdown has begun. But here’s the twist - every Bitcoin clock out there is telling a different time for when block 840,000 will hit the scene. It’s like they’re all watching different episodes of the same thrilling show. 🍿
So, what’s the real deal? When will the Bitcoin magic happen? That, my friends, is where you come in. We’re rolling out the red carpet for your predictions. 🌟 Dust off your crystal balls and tell us the exact date and time (down to the second, UTC style) when you think the halving will unfold.
But here’s the game rule that adds a twist - only your first submission counts . Think of it as your opening move in a game of high-stakes chess. Make it count, because there are no do-overs. 🕰️✨
Here’s the kicker: only the predictions submitted before April 12th, at the stroke of midnight UTC , will enter the arena. Sharpen those pencils and mark your calendars. 📅✏️
The stakes? High. The reward? Higher. The five wizards closest to the halving moment will snag an exclusive TradingView T-shirt , a trophy of honor in the world of market experts. 👕🏆
Get set, predict, and may the odds be ever in your favor! Remember, it’s not just about guessing; it’s about being part of a moment that defines the future of finance. Let’s light up the charts with our collective predictions and watch as the Bitcoin saga unfolds.
Ready, set, predict! ⬇️
🚀 this idea and drop your prediction in the comments below! Good luck! 🍀
Why TradingView is My Go-To Platform for Trading InsightsSix Years with TradingView : A Stellar Platform Transforming My Trading World
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Trading Plan for Friday, April 19th, 2024Trading Plan for Friday, April 19th, 2024
Market Sentiment: Uncertain, with bulls and bears battling at the critical 5045 support zone . A decisive break in either direction will set the tone for the next market move.
Key Supports
Immediate Supports: 5044-46 (major), 5039, 5033
Major Supports: 5020, 5013 (major), 5000, 4990-95 (major), 4959 (major), 4937 (major)
Key Resistances
Near-term Resistance: 5054 (major), 5066, 5077-5082 (major)
Major Resistances: 5112-5115 (major), 5150-55 (major), 5177-80 (major), 5203 (major)
Trading Strategy
Focus on the 5045 Zone: This zone has become a battleground. Observe closely for breakouts or breakdowns, as these will trigger the next directional move.
Long Opportunities: Due to the choppy nature of the 5045 zone, direct bids are less reliable. Consider bids with a failed breakdown at 5039 or only at major support levels, particularly 5013 and 4990-95. Prioritize the knife-catch protocol for deeper longs.
Short Opportunities: Look for backtests of the 5077-82 zone, or more reliable setups at 5112-5115 and 5150-55 for shorts. A breakdown below 5039 offers short potential, targeting 5013.
Profit-Taking: On shorts, consider taking profits entirely at major levels, especially given ES's tendency to short squeeze.
Bull Case
Holding Support: Bulls need to defend the 5045 zone to maintain control.
Relief Bounce: If 5045 holds, a bounce to 5082 and potentially 5112-15 is possible, with further upside potential to 5150-55 if momentum is sustained.
Adding on Strength: Breaks and acceptance above 5054/5060 could offer opportunities for adding to long positions.
Bear Case
Breakdown Signals: A convincing break below 5039 triggers the downside move, likely heading towards 5013 and potentially 5000. As always, be wary of traps – look for a bounce/failed breakdown first, then consider shorting.
News: Top Stories for April 19th, 2024
Economic Environment
Inflation remains a factor despite a decline.
Corporate profits show resilience.
Potential for a record-breaking expansion cycle in the US.
Uncertainty surrounding persistent inflation or negative economic news.
Reminder: The market is reacting to the battle at the 5045 level. Prioritize risk management and adapt your trading strategy accordingly.
GOLD - where is gold current support? Holding or not?#GOLD... So guys according to our today video analysis market very well hold his first area below 2367 that was 2354 55.
Now market have a region in chart means on hour chart.
That is start from 2367 to 2374
Means 5 to 7 points region,
That will be your most important region for further move to anyside,
If market hold it then a further bounce expected from here otherwise not at all.
In simple and short words, it's buying season, war season etc.
You should stay focused on every immediate support only..
And don't plan for a short until market hold your current support.
Good luck
Trade wisely
BTCUSD Halving Week Important LevelBTCUSD make or break level, BTCUSD is at important level Forming a Trend line and near support now Let's see this sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
[INTRADAY] #BANKNIFTY PE & CE Levels(19/04/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46950 level then possible downside rally of 400-500 points upto 46550 Level & this rally can can extend another 400 points if market gives breakdown 46450 level in todays session.Any Major upside only expected in case banknifty starts trading above 47050 level to 47450 level.
BTCUSDT - just trade below resistance, high placed?#BTCUSDT.. guys no doubt BTC is very volatile now a days,
But 64800 to 65000 below it's looking very vulnerable,
I think if there is any kind of buying volume then it should trade above at least above 64800 or 64K
But he is still trade under that level,
So if market hold that area then you should mentally prepared for a drop from here,
Only selling will be invalid above 65K
otherwise not.
Stay sharp ..
Good luck
trade wisely
Trading Plan for Thursday, April 18th, 2024Trading Plan for Thursday, April 18th, 2024
Market Sentiment: Mixed, with traders weighing the implications of inflation, economic signals, and potential shifts in Federal Reserve policy.
Key Supports
Immediate Supports: 5066, 5060, 5054
Major Supports: 5045-47 (major), 5038, 5000-5005 (major), 4990, 4966, 4932-36 (major)
Key Resistances
Near-term Resistance: 5082-77 (major), 5090, 5103 (major), 5115-5120 (major)
Major Resistances: 5148-50 (major), 5170-75 (major), 5191, 5224, 5287 (major)
Trading Strategy
Focus on Key Levels: The market is sandwiched between critical support at 5045-47 and resistance at 5082-77. Breakouts in either direction will determine the next directional move.
Long Opportunities: Look for bids at 5045-47 with failed breakdowns, or at major supports (5000-5005 if reached). Prioritize knife-catch protocol for deeper longs.
Short Opportunities: Consider shorts on backtests of the 5082-77 zone, 5115-20, or 5148-50. A failure of 5045-47 opens the downside, with potential shorts below 5037.
Profit-Taking: On shorts, consider taking profits entirely at major levels, especially given ES's tendency to short squeeze.
Bull Case
Reclaiming Resistances: Bulls need to reclaim 5077-82 for a strong signal, then potentially 5115-20.
Holding Support: Continued defense of the 5045-47 trendline is encouraging for bulls. Re-tests and quick recoveries signal buying strength.
Adding on Strength: Breaks and acceptance above 5077-82 could offer opportunities for adding to long positions.
Bear Case
Breakdown Signals: A convincing break below 5045-47 triggers the downside move, likely heading towards 5000. As always, be wary of traps – look for a bounce/failed breakdown first, then consider shorting.
News: Top Stories for April 18th, 2024
Economic Environment
Inflation declines but remains a factor in market analysis.
Corporate profits show resilience.
Potential for a record-breaking expansion cycle in the US.
Uncertainty surrounding persistent inflation or negative economic news.
Global Markets
IMF Global Financial Stability Report discusses market optimism and expected policy easing.
Reminder: The market is reacting to key levels and economic data. Prioritize risk management and adapt your trading strategy accordingly.
USDCAD - again near to support? Hold or not?#USDCAD.. in first go market very well holding his supporting line 1.3720
Now again market near to his support , so far placed 1.3740 day low
Keep close that line of support because if market hold it then again bounce expected from here.
Good luck
Trade wisely
#NIFTY Intraday Support and Resistance Levels -18/04/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22200 level and then possible upside rally up to 22320 level in today's session. in case nifty trades below 22150 level then the downside target can go up to the 22030 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(18/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47550 level then possible upside rally of 400-500 points upto 47950 level in todays session.Any Major downside only expected in case banknifty starts trading below 47450 level to 47050 level.also possible reversal downside 47950 level.
Trading Plan for Wednesday, April 17th, 2024Trading Plan for Wednesday, April 17th, 2024
Market Sentiment: Uncertain, as investors digest comments from Federal Reserve Chair Jerome Powell and assess their implications on the timing of potential rate cuts.
Key Supports
Immediate Supports: 5091, 5082 (major), 5076, 5068 (major)
Major Supports: 5046-51 (major), 5038 (major), 4996-5000 (major)
Key Resistances
Near-term Resistance: 5097 (major), 5108 (major), 5115, 5126-29 (major), 5155 (major)
Major Resistances: 5171 (major), 5188-90 (major), 5225-30 (major), 5280-83 (major)
Trading Strategy
Monitoring Fed Commentary: Stay updated on further statements from Federal Reserve officials as they will influence market direction.
Range-Bound Trading: The 5082-5115 zone remains a choppy range. Focus on failed breakdowns within this zone, or holding position runners.
Long Opportunities: Look for bids at 5091 (after multiple successful tests), reclaims of 5082, or failed breakdowns at 5076. Knife-catch protocol applies for any deeper longs, particularly at 5046-51.
Short Opportunities: Consider shorts if backtesting breakdown zones like 5126-29, 5155, or 5171. Prioritize a failure of 5082 on the short side.
Profit-Taking: On shorts, consider taking profits entirely at major levels, especially given ES's tendency to short squeeze.
Bull Case
Reclaims are Key: Bulls need to reclaim breakdown zones, starting with 5126-29, then 5171 to signal a potential short-term bottom.
Holding Support: A sustained hold of 5082 could lead to a bounce and backtests of the resistances listed above.
Adding on Strength: Breaks above 5108 after acceptance suggest potential for more upside.
Bear Case
Breakdown Signals: Bears maintain short-term control until bulls can reclaim key levels discussed above. A failure of 5082 is a warning, with shorts below 5068 targeting 5046-51 (where runners would likely be exited). As always, be wary of traps – look for a bounce/failed breakdown first.
News: Top Stories for April 17th, 2024
Federal Reserve Focus
Jerome Powell's comments emphasize that inflation remains above the Fed's target, hinting at a delay in interest rate cuts.
Investor expectations for rate cuts have been adjusted, with a maximum of three cuts now anticipated, starting in June at the earliest.
Market Performance & Sectors
S&P 500 hits new all-time highs but experiences volatility following Federal Reserve commentary.
Technology stocks, especially those in the AI sector, continue to outperform.
Communication services and energy sectors receive a high percentage of analyst buy ratings.
Earnings & Corporate News
Big banks kick off the earnings season, providing insights into the financial sector's health.
United Airlines faces aircraft delivery delays and adjusts its strategy.
International Economic & Monetary Policies
President Biden's proposed tariffs on Chinese steel aim to protect domestic industry.
ECB plans for near-term rate cuts raise questions about the European economic outlook.
Additional Market Updates
Cryptocurrency market dynamics, including Bitcoin halving cycles.
Geopolitical tensions between Israel and Iran and their potential economic implications.
Chinese economic growth.
Housing market trends and government tax policies in Canada.
Reminder: The market is reacting to Federal Reserve commentary. Prioritize risk management and adapt your trading strategy accordingly.
GOLD - where is today top ? whats next?#GOLD... first of all congratulations to all followers, market very well hold your area 2377 and bounced back as WE DISCUSSED IN OUR VIDEO ANALYSIS,
so now market just above his resistance area and if market hold it then further bounce on table,
keep close it and don't short until market trade below his resistance.
good luck
trade wisely
Short-term DXY Analysis: Navigating a Diamond Bottom 📈💎Short-term DXY Analysis: Navigating a Diamond Bottom 📈💎
The US Dollar Index (DXY) is a critical indicator for currency traders, reflecting the strength of the USD against a basket of major currencies. As of mid-April 2024, here's a concise analysis based on the current market scenario, recent technical patterns observed, and economic events:
Diamond Bottom Formation 💠
The DXY chart suggests the formation of a 'diamond bottom,' typically a bullish reversal pattern that occurs after a price drop. This pattern suggests potential for a reversal of the preceding downtrend, indicating that buyers might be gaining ground.
Current Economic Backdrop 🌐
With geopolitical tensions and hawkish tones from central banks, particularly the Federal Reserve, there is a noted increase in the DXY. Hawkishness from the Fed Chair Powell indicates that rate cuts may not be imminent, reinforcing the USD’s strength.
Technical Levels to Watch 🧐
Resistance Levels: The DXY faces immediate resistance at the 105.38/63 zone. A decisive break above could push it towards 106.57, with 107.17/20 as the next target for bulls.
Support Levels: Initial support lies at the lower parallel/78.6% retracement of the yearly range at 104.53, followed by 104.23. A break below these levels could lead to a correction towards 103.47/49.
Market Sentiment 📊
Market sentiment shows mixed positions among traders in commodities like gold and currencies like EUR/USD, with many investors likely leaning towards safer assets amid uncertainty.
Possible Triggers 🔔
Central Bank Policies: USD bulls are currently facing headwinds from the Fed's stance and upcoming rate decisions.
Global Market Dynamics: Rising geopolitical tensions and market volatility could increase the allure of the USD as a safe-haven asset.
Conclusion: USD's Path Ahead
In the short term, the DXY's outlook hinges on whether support levels hold post-FOMC decisions and broader market sentiment. If geopolitical situations exacerbate or central banks adopt more hawkish policies, the DXY could see further upside. Conversely, a break below key support levels could signal a shift in trend. The situation calls for vigilant monitoring of upcoming economic releases and central bank activities.
🔍 Please Note: This analysis does not constitute financial advice. Investors should conduct their own research or consult a financial advisor before making any investment decisions.
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Trading Plan for Tuesday, April 16th, 2024Trading Plan for Tuesday, April 16th, 2024
Market Sentiment: Uncertain, with geopolitical headlines and market volatility remaining dominant factors.
Key Supports
Immediate Supports: 5102-05 (major), 5092 (major), 5079
Major Supports: 5067 (major), 5050-52 (major), 5039 (major), 5000 (major)
Key Resistances
Near-term Resistance: 5115, 5126 (major), 5136-39 (major), 5163-67 (major).
Major Resistances: 5178-80 (major), 5195, 5205-07 (major), 5222 (major)
Trading Strategy
Geopolitical Risk: Continue to monitor headlines related to the Iran/Israel situation for potential market impacts.
Adaptability: Be prepared for rapid changes in market direction and prioritize risk management.
Long Opportunities: Focus on potential longs above 5102-05 after failed breakdowns at 5092. Consider a test and reclaim of 5115 for an entry if the move is direct. Knife-catch protocol applies for longs at 5048-52 if those are reached.
Short Opportunities: Look for backtests of breakdown levels. 5136-39 and 5163-67 are key areas for potential shorts.
Profit-Taking: On shorts, consider taking profits entirely at major levels, especially given ES's tendency to short squeeze.
Bull Case
Reclaims are Key: Bulls need to reclaim breakdown zones, starting with 5136, then 5163-67 to set a potential bottom.
Bear Case
Breakdown Signals: Bears maintain control until bulls can reclaim key levels discussed above. A failure of 5092 triggers the next downside leg. As always, be wary of traps – look for a bounce/failed breakdown first, then consider shorting at 5088, targeting 5052 for complete profit-taking, or level-to-level profit-takes on the way.
News: Top Stories for April 16th, 2024
Geopolitical Crisis: The escalating tensions between Iran and Israel continue to dominate headlines and drive market uncertainty.
Economic Outlook
IMF World Economic Outlook: Projections for slower global growth with inflation expected to decrease.
US Labor Market: Focus on the impact of an aging workforce and the potential counter to early retirement trends.
Inflation & Fed Rates
CPI report signals persistent inflation, raising concerns about delayed Fed rate cuts.
Treasury yields react to inflation data.
Corporate & Market News
Tesla faces skepticism about self-driving capabilities and a new round of layoffs.
Market performance analysis: Tech stocks lead gains, bond market reacts to rate concerns.
Real estate market sends mixed signals across different geographies.
Investment Outlooks
Financial institutions provide a range of outlook reports with varying predictions.
Cryptocurrency: Ether and Bitcoin ETFs perform well, prominent investors weigh in.
Reminder: The geopolitical situation remains a major wildcard. Be cautious, prioritize risk management, and be prepared to adjust your trading strategy quickly.
USDCAD - near to his day support? holding or not?#USDCAD. well guys after bounce market now at his today supporting area that is 1.3720
mentioned in black line,
keep close that supporting area because if market hold it and didnot close below that level then further bounce on table,
keep close it and stay sharp.
good luck
trade wisely
#NIFTY Intraday Support and Resistance Levels -16/04/2024Nifty will be gap down opening in today's session. After opening nifty start trading Below 22260 level and then possible downside rally up to 22140 & this rally can extend another 120 points if market gives breakdown 22120 level in today's session. in case nifty trades Above 22300 level then the upside target can go up to the 22420 level.