This pattern could potentially yield a significant increase🐺 Hello Dear KIUCOIN community, welcome to another idea : 🐺
This idea may be brief🤔, but it offers significant potential benefits . Please take a close look at the following chart : 👇
As depicted in the chart, ICP$ appears to be forming a bullish pattern, potentially resembling a bull flag or an AB=CD pattern ; Based on my analysis of the pattern, I believe there's a strong potential for a significant price increase, possibly reaching the 0.618 Fibonacci level , also known as the🔥 golden ratio 🔥
🐺 Consider entering a long position once the price decisively breaks above the resistance line 🐺
I hope you enjoy this idea KIUCOIN community ; Also always remember :
🐺 Discipline is rarely enjoyable, But almost always profitable 🐺
Don't forgot to follow us on X 👇🔥
Trendanalyse
GOLD H1 Chart analysis 100%Hello Traders!
Follow the instructions.
If the price consolidates between $2498 and $2497, gold may touch the $2480 level before bouncing back to $2528. A break above the strong resistance level could potentially send gold to new all-time highs (ATH).
Bullish Opportunities:
1. 2495 - 2490
2. 2477 - 2487
Bearish Opportunities:
1. 2525 - 2530
2. 2546 - 2560 (Only if the Strong resistance level Breaks and Gold Reaches its new high).
Possibility:
waiting for geopolitical situation as it getting worsting.
I'll Update as it needs to be updated.
Use proper risk management Or money management and follow my instructions properly.
Don't forgot to support by liking or following!!
GOLD 4h Chart analysis 100%Hello Traders!
Follow the instructions.
If the price consolidates between $2498 and $2497, gold may touch the $2487 level before bouncing back to $2528. A break above the strong resistance level could potentially send gold to new all-time highs (ATH).
Possibility:
waiting for geopolitical situation as it getting worsting.
I'll Update as it needs to be updated.
Use proper risk management Or money management and follow my instructions properly.
Don't forgot to support by liking or following!!
Bullish Outlook for GBP/CAD with Key Level at 1.78160The GBP/CAD pair is expected to move bullishly, targeting the 1.78160 level. On the 1-hour chart, the price has successfully broken out of a descending channel, creating a higher high before retracing. This movement is significant, especially with the RSI indicator reaching overbought levels, suggesting strong upward momentum.
I anticipate that a more favorable entry point would be when the RSI dips below the 50 level, indicating a potential pullback within the ongoing bullish trend. This setup strongly supports the view that the pair will continue its upward movement towards the 1.78160 target. We'll see how the market develops from here.
[INTRADAY] #BANKNIFTY PE & CE Levels(01/08/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 51550 level then possible upside rally of 400-500 points upto 51950 level & this rally can extend another 400 points if market gives breakout 52050 level in todays session. Any Major downside only expected in case banknifty starts trading below 51450 level.
MKR/USDT 1WHello everyone, let's look at the 1W MKR to USDT chart, in this situation we can see that the price has returned to the downtrend, but we are still above the main uptrend line.
Let's start by setting goals for the near future, which include:
T 1 = $2,183
T 2= $2,548
T 3 = $3,121
AND
T 4= $3,554
Looking the other way, there is very strong support at $1,277, but if it is broken, the price drop may be much greater.
Looking at the RSI indicator, we see that it is at a very low level, which may result in a change in the direction of movement in the coming weeks.
GOLD Prices : Bounce Back or Drop Further!Hello traders! My technical indicators and analysis suggest that gold is likely to be a buy if it breaks out above the level of 2497-2498 and subsequently retests this level as support. On the other hand, if gold breaks down below the support level of 2493-2494 and then retests it, we may consider a potential sell opportunity, similar to yesterday.
BTC/USDT 4Hello everyone, let's look at the 4H BTC to USDT chart, in this situation we can see the price keeps below the downtrend line.
Let's start by setting goals for the near future, which include:
Target 1 59354 $
Target 2 61918 $
Target 3 65572 $
Target 4 70217 $
Now let's move on to the stop-loss in case the market continues to decline:
Stop loss= 56,828 $
Stop loss = 54,943 $
Stop loss= 52,196 $
AND
Stop loss = 48,733 $
Looking at the RSI indicator, we see
That it is approaching the upper limit again, which may result in a price recovery in the coming hours.
ETC/USDT 4HLet's start by setting goals for the near future, which include:
Targets 1 = $18.58
Targets 2 = $19.55
Targets 3 = $ 20.48
AND
Targets 4 = $ 21.84
Now let's move on to a stop-loss in case the market continues to fall:
SL1 = $17.99
SL2 = $16.73
SL3 = $15.56
Looking at the RSI indicator, we see that there is still room for price movement down.
Will Gold Prices Bounce Or Slide?The gold market is currently experiencing high volatility, making it essential to exercise caution. Key levels to watch:
- Break above 2523: Potential buying opportunity
- Break below 2518: Potential selling opportunity
Traders are advised to closely monitor these levels and adjust their strategies accordingly. Stop-losses (SLs) are recommended to mitigate risk.
Stay vigilant and adapt to market changes to capitalize on potential trading opportunities.
ETH-USDT 1D Interval ReviewHello everyone, I invite you to a quick review of the ETH pair to USDT chart, taking into account the interval of one day. As we can see, the price is moving along a locally formed upward trend line.
Currently, we can see how the price approached the resistance level at $2,843, then resistance at $3,010, then resistance at $3,251, and then very strong resistance at $3,569.
Looking the other way, support is visible at $2,550, the next support is at $2,383 and then there is support at $2,112.
LTC-USDT 4hI invite you to a quick review of LTC in pair with USDT, taking into account the four-hour interval. Visible, we can determine the local upward trend line above which the price remains.
Just below the price there is support at the level of $60, then the second support is around $56 and then there is a strong support level at the price of $50.
Looking the other way, similarly, after unfolding the fib retracement grid, you can see resistance at the price of $66, then the second resistance at $71, and then a strong resistance at $77.
BTC Trend AnalysisCRYPTOCAP:BTC is currently trading around $60,410 after a recent drop from the $61,000 level. The 1-hour chart shows that BTC faced resistance near $61,500, leading to a downward correction. Immediate support is found around $60,000, with a further drop possibly targeting the $59,000 level. On the upside, a break above $61,500 could push BTC towards the next key resistance at $63,000. The market is currently indecisive, so keep an eye on these levels for potential breakout or breakdown signals.
BTC Trend AnalysisBTC is showing strong bullish momentum on the hourly chart, with a significant breakout above the $60,000 level. This surge comes after a period of consolidation, indicating potential continuation towards higher resistance levels around $62,000. Key support now lies at $59,000, where buyers may step in if a pullback occurs. Watch for sustained volume to confirm this uptrend.
BTC Trend AnalysisCRYPTOCAP:BTC is currently experiencing a sharp drop, with the price now testing the $58,300 support level. This level has been significant in the past and will be crucial in determining the next move. If CRYPTOCAP:BTC fails to hold here, we could see a further decline towards the $57,000 area. On the upside, resistance is forming around $59,500, and breaking above it could initiate a recovery. Monitor these levels closely as the next moves could set the tone for the upcoming days.
ATOM/USDT 4HHello everyone, I invite you to a quick review of the ATOM/USDT chart, taking into account the 4-hour interval. As you can see, the price tried to break above the downtrend line, but quickly returned below it.
After unfolding the fib retracement mesh, we can determine the support at the level of $4.49, then at the level of $4.28, while the third, very strong support is around $4.
Looking the other way, resistance can be determined similarly and here we see resistance at the price of $4.62, then there is strong resistance at $4.95, and then at the price of $5.26.
ETH/USDT 4H chartHello everyone, I would like to invite you to a quick review of ETH/USDT, taking into account the 4-hour interval. As you can see, the price, despite the nice rebound, still remains below the downward trend line.
Moving on, we will move on to determining support and here the price is currently bouncing off the support at $2,427, then we have strong support at $2,204.
Looking the other way, you can see how the resistance at $2,805 rejected the sudden upward movement, only when it overcomes it will it move towards the resistance at $2,987, and further towards the very strong resistance at $3,237.
Sol-Usdt 4h chart Hello everyone, I would like to invite you to a quick review of SOL/USDT, taking into account the 4-hour interval. As you can see, the price moved up from the local downward trend line, but currently there is a downward movement, staying above the trend line.
Moving on, we will move on to determining support and here the price is currently bouncing off the support at $142, then we have strong support at $130, and then a very strong support at $110.
Looking the other way, you can see how the resistance at $162 rejected the sudden upward movement, only when it overcomes it will it move towards the resistance at $176, and further towards the very strong resistance at $193.
The RSI indicator shows an ongoing trend of recovery after the increase, but there is room for a renewed upward movement.
#NIFTY Intraday Support and Resistance Levels - 12/08/2024Nifty Opening Outlook:
Opening: Expected to be flat near the 24,400 level.
Upside Potential:
If Nifty starts trading and sustains above 24,400, an upside rally up to 24,600 is anticipated.
Downside Potential:
If Nifty starts trading below 24,300, a downside movement is possible.
Falling Wedge pattern breakout in AWLADANI WILMAR LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 444+.
✅Can Go Long in this Stock by placing a stop loss below 344-.
Bullish Flag pattern breakout in TATACONSUMTATA CONSUMER PRODUCT LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1340+.
✅Can Go Long in this Stock by placing a stop loss below 1167-.
#NIFTY Intraday Support and Resistance Levels -01/08/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 25000 level and then possible upside rally up to 25120 level in today's session. in case nifty trades below 24950 level then the downside target can go up to the 24830 level.