FTM-USDT 1D chart Hello everyone, let's look at the 1D FTM to USDT chart, in this situation we can see how the price has broken out from the downtrend line.
Let's start by setting goals for the near future, which include:
T1 = $0.74
T2 = $0.85
T3 = $1.02
T4 = $1.23
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = USD 0.62
SL2 = USD 0.45
SL3 = USD 0.35
SL4 = $0.25
The MACD indicator shows that despite the significant increase, there is room for the price to go up further.
Trednanalysis
#Risky set-up This idea /setup is pretty risky. Set-up is based on trendline supp like one can stock bounce back from trendline two times but at third it broke it but it recovered well . Fundamentals of stock is weak. Actually setup is for daily time frame but I choice (w) time frame so u can know reason behind this setup. One can draw all that drawing in there chart at daily time frame and analysis this on both frame at there own ( in simple setup is purely based on technical analysis) This for only education purpose only I will not be liable for any of your lose.
#bajajfins weekly time frame Bajajfins is forming really good pattern. It's going up and down but u guys can see this time it has started consolidation at break out lvl. Look it good on daily time frame too as it is in supp on that time frame too which is good for short term and small targets. For big we have to wait patiently as finance sector is not doing even tho stocks are publishing good results too . One can add this in there watch book . It's not any buy/sell recommendations.
RATS/USDT NEW INCREASE VOLUMERATS/USDT showing on the time frame interesting volume trend, we will follow up to see if its able to get a confirmation.
At this moment It's just a follow-up to see if it's able to target new confirmations and to keep a watch on it for the trend.
If the coin stays for a time stable or gets a new volume with time it could become interesting
Unlock the Secrets of Gold Trading: Pericles' Ancient WisdomIn this video, we explore the profound perspectives on fear from historical figures like Pericles and modern thinkers like Ryan Holiday. Pericles, the esteemed Athenian statesman, saw fear as a natural emotion that should not paralyze us. He believed in confronting fear with courage, rational thought, and strategic planning, using it as a tool for effective decision-making.
Ryan Holiday, drawing on Stoic philosophy in his works, echoes these sentiments with stories of historical figures who turned fear into fuel for success. He recounts how John D. Rockefeller faced market crashes with calm calculation and how Theodore Roosevelt overcame health challenges by embracing adversity.
Both Pericles and Holiday teach us that fear, when managed correctly, can become a powerful ally. By acknowledging fear, confronting it with rationality and courage, and using it to sharpen our focus and strategy, we can transform challenges into opportunities for growth and success. This approach is especially relevant in the realm of trading, where mastering fear can lead to better decision-making and greater resilience.
Key Levels and Patterns:
Higher Highs (HH) and Higher Lows (HL):
The chart shows a series of higher highs (HH) and higher lows (HL), indicating an overall uptrend. This pattern suggests that the bullish momentum is still in play.
Ascending Channel:
There is a well-defined ascending channel where the price has been moving upwards within parallel trendlines. This channel can act as a guide for potential support and resistance levels.
Reversal Points (LQZ):
1-Hour LQZ / Reversal Point: Located at 2,429.190. This level is a potential area where price may reverse or find support.
4-Hour LQZ / Reversal Point: Located at 2,391.394. This level also serves as a significant support zone.
Take Profit (TP) Levels:
TP 1: 2,319.385
TP 2: 2,288.085
TP 3: 2,265.369
Recent Price Action:
The price recently reached a higher high at around 2,458.755 and then pulled back slightly, indicating a potential short-term correction within the overall uptrend.
The ascending channel suggests that if the price remains above the lower boundary of the channel, the uptrend is likely to continue.
If the price breaks below the 1-hour LQZ / Reversal Point at 2,429.190, it could test the 4-hour LQZ / Reversal Point at 2,391.394. A further breakdown below this level might lead to the next support at TP 1.
Analysis Summary:
Bullish Scenario: The price could bounce from the current levels or the lower boundary of the ascending channel, aiming for new highs. Traders might look for buying opportunities near the support levels of the channel and reversal points.
Bearish Scenario: If the price breaks below the identified reversal points and the ascending channel, it might signal a deeper correction, potentially heading towards the TP levels for possible buying opportunities at lower prices.
By applying Pericles' wisdom of confronting fear with rationality and Ryan Holiday's insights on turning fear into strategic advantage, traders can approach these levels with a clear, disciplined mindset, making informed decisions even in volatile market conditions.
Technical analysis for xauusd for today, strong selling trend- Fundamental analysis:
Yesterday, after the US economic data was released, gold fell 20% from 1975 to 1955. It's not surprising that PPI is worse than expected since CPI was low before. Retail sales still exceeded most expectations, showing that the U.S. economy remains strong. This causes the US dollar to rise and gold to fall. There is currently a 100% chance that the Fed will keep interest rates unchanged in December. Fed officials also believe the tightening process should end soon. This is a very positive signal for the economy
There are no important economic indicators announced today. Gold prices will continue to process the data released yesterday. - Technical analysis:
Gold maintains good selling pressure after overnight decline. Today we will prioritize selling soup.
ENTRY SELL: 1958-1962(STOP: 1978)
Target date: 1932
Far target: 1900
- H4 is following a bearish cycle. Yesterday, Gold had a slight increase, but the price could not hold steady when PPI news appeared with a lot of good data for USD. Immediately after that, Gold had a sharp decline, returning to the lowest price of the day at 1955$. /Ounce
- Traders can sell around the current price range or wait for a slight rebound during the day.
- Wishing all Traders a very productive trading day
Symmetrical Triangle continuationAUDJPYSymmetrical Triangle continuation Pattern in 1 Hour Chart AUDJPY, its show that might they Break out from this point to Upward Direction, showing bullish Trend. Entry Price & TP1 & TP2 Set Accordingly Stop Loss for Long: 93.939,
For Plan B Entry price is also set for Short Trade might this go from this Point to down ward so we set trade accordingly & Entry Price & Stop Loss for Short Trade is 94.326 also Defined with TP1 & TP2 as well.
Symmetrical Triangle continuation Pattern might take break out both side so we already make plan for the both side trades, once one side trade is active, so cancelled the other side, wait & watch
solana about to boom✌✌finally Solana break its main resistance and now it can easily pump up to 10 percent our next take profit will be 23 dollar and then second 27 and so on.
but there is very tiny stop lose . we will set our stop loss about 19.5$.
so there is a big opportunity of buying position.
for further information you can contact to our team
FOR/USDT Long Analysis
On the 4-hour chart, Ma50 rose above Ma200 and RSI started to move up from the bottom. As long as Btc does not move too hard, I expect it to return to the level it fell from here before.
EURUSD Long/Bullish analysisLet's take a moment to revisit past event.
1. Eurusd has steadily been in an uptrend and we expect the trend to continue for atleast 3 months
2. Eurusd has been respecting the trend line. Furthermore, when the trendline broke and dip created,
on correction, price still held above the dip
So what can we deduce from the information above?
1. Short positions are temporary.
2. The trendline will hold most of the time.
3. We continue looking for buy catalysts especially along the trendlines and major support zones
Trading Series – The Buy StrategyI am starting a new Trading Series, the whole idea is to create longevity in our trading career, meaning trading should not be a short-live adventure, but we should trade till right into our retirement age.
We all may have read that many build-up their fortunes through business, investing or even trading and suddenly most of their net worth reduced substantially overnight, and this is what I mean they are running it without longevity.
Trading is a very fulfilling job and can be non-stressful when we understanding there is a framework to recognise opportunity and risk from the markets. Our role in this job is to eyeball both that trading opportunities and risks and then make decisions from there whenever we identify either one of them.
I am going to share with you my experience on how to do that in this whole series – Today we will discuss The Buy Strategy, in the next part, we will discuss the sell strategy. And the subsequent parts on the different strategies and how to manage our trades and trading fund into longevity.
Content:
The buy strategy – it can be applied to both:
· Long-term
· Short-term
Minimum fluctuation
1 index point = $5
10 = $50
100 = $500
There is the micro as well. It is one tenth the size of the E-mini. Very manageable especially for those aspiring traders.
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com