NiKKEi the Empire who saw Tomorrow 100 years ago
the OG in quantitative zero cost coupons and negative rates
with subways in the 1930s
touchscreens ai robotics in the 70s
and rise of gaming in the 80s
still is a decade ahead among developed countries
and 100 years++ ahead the rest of the emerging economies
Trend
TNSR NEW BREAK POSSIBILITY
This update is for TNSRUSDT
Depending on the study trend this coin shows possibilities for new increase.
TNSR seems to be at an important key level, where it has a high chance of breaking in the coming time.
We will follow this coin with the possibility of the trend increasing and breaking.
This can be interesting for day trading and long term, it depends on the coming time market view.
Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis that are at long-term profitable.
The reason for expecting this coin can increase
Activation of a new trend with the possibility of starting a new cycle.
Good times, everyone.
This update is not trading or financial advice.
US30 (Technical and Geopolitical Weekly Analysis)Technical and Geopolitical Analysis:
The previous weekly chart indicated a strong upward movement, but the market is now poised to react to geopolitical pressures, particularly the tensions between China and Taiwan, expected to intensify this week and continue into next month.
Technical Analysis:
Bullish Scenario: If the price stabilizes above 38,700, it is likely to move between 38,700 and 40,050. Any sustained stability above 40,005 will signal a continuation of the bullish trend, potentially reaching 40,970. A retest at 40,005 could occur before the bullish trend resumes.
Bearish Scenario: The bearish trend will be confirmed if the price closes below 38,700 on at least the daily chart, targeting 37,990. The next significant support level is 36,460, which is strong support for this year.
Key Levels:
Pivot Line: 38,700
Resistance Prices: 39,500, 40,005, 40,970
Support Prices: 38,300, 37,990, 36,460
The expected trading range will be between the support at 37,990 and the resistance at 40,050.
STEEM NEW INCREASE FLOWI hope you all are doing well and navigating the crypto market with the best strategies that are possible for you.
This update is for STEEMUSDT.
STEEMS seems on interesting zone which allows the possibility high for a new break.
STEEM seems to be at an important key level, where it has a high chance of breaking in the coming time.
We will follow this coin with the possibility of the trend increasing and breaking.
Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis that are long-term profitable.
The reason for expecting this coin can increase
Activation of a new trend with the possibility of starting a new cycle.
Good times, everyone.
This update is not trading or financial advice.
GOLD FORECASTThe current analysis indicates a Bearish trend for OANDA:XAUUSD , provided it stays above the PIVOT LINE at 2360, and it's possible to touch 2369 as well then it'll start the bullish trend. The prevailing Bearish pressure suggests that if trading remains below 2360, the trend will continue a strong downward till 2330.
Key Levels:
Bullish Line: 2376, 2397, 2412
Pivot Line: 2360
Bearish Line: 2344, 2330, 2306
SPx (Near to the another new record)SPx New Forecast
The price of the S&P 500 reached the resistance line, and breaking this resistance, will support the price to reach the next resistance line which is 5350,
If the price remains below 5305 and 5320, it will likely fall back to the support line at 5266. Breaking this level could extend the bearish trend towards 5226.
Pivot Line: 5305
Resistance Levels: 5325, 5350, 5400
Support Levels: 5266, 5227, 5193
Today’s expected trading range is between the support 5266 and the resistance 5350.
DXY - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 DXY has been overall bullish trading within the rising channel marked in red.
Currently, it is undergoing a correction phase, and approaching the lower bound of the channel.
Moreover, it is retesting a strong demand zone highlighted in orange.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the orange demand and lower red trendline.
📚 As per my trading style:
As #DXY is hovering 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
JD.com (JD): Key Levels to Watch Amid Potential BreakoutFor the Chinese stock JD.com listed on the Nasdaq, we observe a significant pattern. Initially, we had a prolonged sideways movement that concluded with an initial surge, establishing the current resistance zone. This zone held twice before the price fell through.
Starting from point X in our Elliott Wave count in November 2018, we saw a rapid increase of approximately 470% in a short period. However, this was followed by a steep sell-off, leading to the formation of Wave (2) within a trend channel.
The correction's time horizon places it in the perfect zone, typically between 2 and 2.618 on the higher time frame, which is a good indicator that this could indeed be Wave (2). To continue the upward movement, it is crucial for JD.com to flip this resistance zone.
The current question is whether the price will first return to the High-Volume Node Point of Control (POC) or break out upwards directly. Flipping the support-resistance zone will be key for any significant upward momentum.
We'll be closely monitoring these levels to determine the next move.
Zooming in on the 12-hour timeframe, we can observe the scenario at the end of the assumed Wave (2). This pattern is characteristic of what we like to see at the conclusion of Wave 2. Initially, we experienced an accumulation phase, which transitioned into a manipulation phase, followed by an expansion phase. This sequence is generally a positive sign.
Currently, we are witnessing a pullback after touching the resistance level. Despite this, we maintain our outlook that the price should continue to rise and not retest the $20 mark.
There's a breakout gap that partially filled but remains open near the bottom. This gap formed just before we entered the expansion phase, and it's a critical point to consider.
Given the ongoing volatility in the Chinese market and the uncertainty among investors, we remain cautious. We are closely watching how JD.com behaves within the $24.50 to $26.80 range. With a drop towards the gap close near $21, we will consider making significant buys.
If the price breaks out upwards, we will look for opportunities to enter positions.
AUDUSD - The long roadevening traders, looking at this trend it seems, that after the daily candle on the 23/05/2024 closed on the outside of the trendline (due to the news) that on the 24/05/24 the pair regained the strength to then push back up and the daily candle has set stone back into the trend. is this a continuation? to me personally i feel this shall carry on. i have set a target for %50 on the fib level reaching to the next resistance level. do you agree? or perhaps think differently? either way, please share your thoughts! happy trading everybody! good luck! =).
MTL TRENDING NEW LONGHi Traders,
I hope you all are doing well and navigating the crypto market with your best strategies.
This update is for MTLUSDT.
MTL is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin.
$2.00 is a key confirmation zone. If the coin breaks this level, there's a high chance it could reach $2.68
Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis.
Good times, everyone.
This update is not trading or financial advice.
xauusd analysis for the week 27/52024- 31/07/2024the last week we have witnessed the biggest fall in a week in last 5 months. what will be going to happen in the coming week is much anticipated thing for traders.
our viewpoint is there will be an upward correction in the trend and the retracement zone for the market is from 2327-2333 area and the growing geopolitical tension in the middle east will also be an add on factor for this correction.
if the market goes below 2321 area of support then we can see a downfall till 2275 extended up to 2253.
bullish targets:
2343
2355
2363
2376
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USNAS100 (2H, Toward Bearish Station)Technical Analysis:
For the NASDAQ, as long as the price trades below 18,820, it is likely to drop to 18,735. To continue the bearish trend towards 18,550, the price must break below 18,735. Conversely, if the price stabilizes above 18,820, a bullish scenario will be activated, supporting a rise towards 19,100.
Pivot Line: 18,820
Resistance Levels: 18980, 19100, 19210
Support Levels: 18735, 18550, 18440
Today's range is expected to be between the support at 18,550 and the resistance at 19,100.
NTRN NEW LONG TREND PROCESSINGNTRN is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin.
$0.88 is a key confirmation zone. If the coin breaks this level, there's a high chance it could reach $1,28 - long term and hype times can make the coin target $2
Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis.
Good times, everyone.
This update is not trading or financial advice.
DEGEN NEW POSSIBILITIES IN PRICE ACTIONHi Traders,
I hope you all are doing well and navigating the crypto market with your best strategies.
This update is for DEGENUSDT.
Degen is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin.
$0.025 is a key confirmation zone. If the coin breaks this level, there's a high chance it could reach $0.039.
Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis.
Good times, everyone.
This update is not trading or financial advice .
GOLD (interest rates would remain elevated for a longer period)Gold prices fell to a one-week low on Thursday, marking the third consecutive session of decline. This drop is attributed to profit-taking following the release of the Federal Reserve's latest meeting minutes, which suggested that interest rates would remain elevated for a longer period.
Technical Analysis of Gold:
The price of gold declined after breaching the 2410 level, hitting our previously mentioned targets.
Currently, gold maintains a bearish outlook, likely to reach 2354 and 2344 due to the ongoing high inflation rates addressed by the Federal Reserve.
However, if the price stabilizes above 2369 and closes a 4-hour candle above this level, it may attempt to reach 2388.
Pivot Price: 2369
Resistance Levels: 2388, 2397, 2410
Support Levels: 2354, 2328, 2308
Today's anticipated trading range is between the support level at 2344 and the resistance level at 2388.
Previous idea:
GOLD (Continuation of Bearish Trend )Technical Analysis of Gold:
Continuation of Bearish Trend with Key Levels
The price maintained its bearish trend from yesterday, as indicated in our previous analysis starting from 2369, successfully hitting all our targets. The downward pressure remains intact, aiming for 2327 and 2304, provided the price continues to trade below 2354. A retest up to 2354 is possible, after which the bearish trend is expected to resume.
However, if the price stabilizes above 2369 and closes a 4-hour candle above this level, it may attempt to reach 2388.
Pivot Price: 2344
Resistance Levels: 2354, 2369, 2388
Support Levels: 2327, 2318, 2302
Today's anticipated trading range is between the support level at 2305 and the resistance level at 2369.
Previous idea:
The price fell despite strong NVDA earnings. What's the cause?Nasdaq Falls 2.0% Amid Investor Uncertainty and Fed Caution
The Nasdaq fell by 2.0% on a subdued Thursday as investors adjusted their portfolios amid shifting market sentiment. The trading session was marked by an uneasy atmosphere following the release of the Federal Reserve's latest meeting minutes, which indicated that central bankers are in no hurry to reduce interest rates .
This cautious stance from the Fed has been a key factor in supporting the recent upward trend in stocks.
Technical Analysis:
The Nasdaq is poised to test the 18,715 level before likely retreating to 18,600. A bearish trend will be confirmed if the price stabilizes below 18,600, potentially driving it down further to 18,435. Conversely, a bullish scenario will emerge if the price breaks above the 18,660 threshold.
pivot line: 18710
Resistance Price: 18790, 18920, 19100
Support price: 18550, 18440, 18250
Its range for Today will be between Support 18250 and Resistance 18790
S&P 500 Falls 0.7% Amid Investor Uncertainty S&P 500 Falls 0.7% Amid Investor Uncertainty
The S&P 500 OANDA:SPX500USD declined by 0.7% on a subdued Thursday as investors adjusted their portfolios amid fluctuating market sentiment. The trading session was marked by an uneasy atmosphere following the release of the Federal Reserve's latest meeting minutes, which indicated that central bankers are not in a hurry to reduce interest rates . This cautious stance from the Fed has been a key factor in supporting the recent upward trend in stocks.
Technically Side:
The price has declined and reached the breakout zone, indicating a potential return to the 5266 level. To continue the bearish trend, the price must break below 5266, confirmed by closing a 4-hour or 1-hour candle under this level. If this occurs, the next targets would be 5226 and 5193.
Conversely, if the price closes above 5282, it would suggest a bullish trend, with the potential to reach 5307 and subsequently 5320.
Pivot Line: 5282
Resistance Levels: 5305, 5325, 5350
Support Levels: 5245, 5227, 5193
Today’s expected trading range is between the support 5192 and the resistance 5320.
BTC - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading within the rising channel in blue.
Currently, BTC is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a structure in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #BTC 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
Nvidia Stock Surges After Exceeding Earnings Expectations Nvidia Shares Surge Over 6% in Premarket Trading
Shares of Nvidia ( NASDAQ:NVDA ) rose more than 6% in premarket trading on Thursday following the company's impressive first-quarter results and CEO Jensen Huang's remarks about the soaring demand for its upcoming AI-optimized chip.
Nvidia, a California-based semiconductor giant, has seen its data center graphics processing units (GPUs) become crucial to the development of generative AI products. As a result, Nvidia's performance is now viewed as a key indicator of AI demand and a significant influence on broader market sentiment. U.S. stock futures also climbed in response to the report.
"The next industrial revolution has begun," Huang stated. "AI will bring significant productivity gains to nearly every industry, helping companies become more cost- and energy-efficient while expanding revenue opportunities."
Nvidia Stock Surges After Exceeding Earnings Expectations
Nvidia has exceeded market expectations with its April quarter results, solidifying its status as a crucial stock globally. CEO Jensen Huang highlighted the company's pivotal role in the evolving tech landscape, stating, "The next industrial revolution has begun. Companies and countries are partnering with Nvidia to shift traditional data centers to accelerated computing, creating AI factories to produce a new commodity: artificial intelligence."
Nvidia's sales soared 262% in the first fiscal quarter to $26 billion, marking an 18% increase from the previous quarter. Earnings per share, excluding non-cash costs, reached $6.12, up 461% from the previous year and 19% from the prior quarter, surpassing Wall Street's estimates of $5.60 per share. Under generally accepted accounting principles, earnings were $5.98 per share.
The company also provided robust guidance for the July quarter, projecting revenue of $28 billion, surpassing the average Wall Street forecast of $26.6 billion. Nvidia's dominance in the AI platform sector was underscored by a more than fivefold increase in sales to cloud-computing data centers, which totaled $22.6 billion or 87% of total revenue. Chief Financial Officer Colette Kress noted that large cloud providers were significant contributors, accounting for approximately 45% of all data center revenue in the quarter.
Into the Omniverse: SoftServe and Continental Accelerate Digitalization with OpenUSD and Generative AI
In response to the increasing demand for seamless and connected driving experiences, SoftServe, a leading IT consulting and digital services provider, has collaborated with Continental, a prominent German automotive technology company, to create the Industrial Co-Pilot. This virtual agent, powered by generative AI, helps engineers streamline maintenance workflows.
SoftServe enhances manufacturers' operations, like those of Continental, by integrating the Universal Scene Description (OpenUSD) framework into virtual factory solutions. These solutions, including the Industrial Co-Pilot, are developed on the NVIDIA Omniverse platform, further optimizing efficiency and productivity.
South Korea Unveils $19 Billion Package for Chip Industry
South Korea has announced a 26 trillion won ($19.09 billion) package to bolster its semiconductor market. The initiative, revealed by President Yoon Suk Yeol during a meeting with government officials, includes a 17 trillion won investment plan through the Korea Development Bank for chip producers and suppliers to enhance semiconductor infrastructure.
Despite the country's current 1% share in the global fabless industry—a term for semiconductor companies without production lines—President Yoon emphasized the strategic importance of this sector. "Semiconductors are a field where all-out national warfare is underway. Winning or losing depends on who can make cutting-edge semiconductors first," Yoon stated.
US30 Forecast US30 New Forecast
Nasdaq and S&P 500 Futures Rise on Chip Stock Rally Following Nvidia’s Positive Revenue Forecast
Futures tracking the tech-heavy Nasdaq and the benchmark S&P 500 climbed on Thursday as chip stocks rallied, bolstered by Nvidia's optimistic revenue forecast, which strengthened investor confidence in the rapid growth of artificial intelligence technology.
Traders anticipate the U.S. central bank will reduce interest rates by nearly 40 basis points by year-end (FEDWATCH). Additionally, markets closely monitor economic data scheduled for release throughout the day, including weekly jobless claims, S&P Global flash PMIs, and housing figures.
Technical Side:
As noted in the previous chart, the price corrected to the support line at 39,540.
Now, it will remain in the bullish zone as long as it trades above 39,540, targeting 39,790 and potentially 40,005. However, if it stabilizes below 39,540, the price is likely to drop to 39,360.
Pivot line: 39650
Resistance Prices: 39850, 40005, 40130
Support Prices: 39360, 39070, 38790
The movement range will be between support 39360 and Resistance 40130
NAS100 FORECASTThe previous updated analysis on NAS100 indicates that it has successfully reached our full target. Currently, it is expected that the prices will fluctuate within the range of 18,890 to 18,712. However, if the pivot line at 18,712 is breached, the decline is likely to extend to 18,642.
Key Levels:
Bullish Line: 18890, 18970, 19050
Pivot Line: 18712
Bearish Line: 18805, 18642, 18548, 18330
BTC - Make or Break Zone 📈📉Hello TradingView Family / Fellow Traders,
As per my last analysis, attached on the chart, BTC broke above the accumulation phase and traded higher.
Currently, BTC is hovering around the upper bound of the range.
What's next?
Scenarios:
1️⃣ Bullish - Continuation
For the bulls to maintain control, a break above the upper bound of the range at $72,000 is needed.
In this case, a movement towards the $80,000 resistance would be expected.
2️⃣ Bearish - Correction
In parallel, if the lower red trendline is broken downward, we expect a bearish movement towards the lower bound of the blue channel.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr