Get started

Trend Lines

HEROMOTOCO--Short @ Supply Zone??This stock previously broken the trendline strongly, but didn't gives a retest to this trendline. price taken the support of resistance and price moved to topside significantly. Now this is the 1st area we have to look for buy in this stock for continuation. Buy area is located at 3000-3250 area we have support. Now the area at previous resistance acts as support becomes liquidity on bottom side. On the topside price broken the downside trendline, on retest of the trendline we will look for short opportunities up to the resistance acts as support and trendline + Demand areas as target points for us.
NSE:HEROMOTOCO
by IIT-Trader
1
USDJPY InsightHello, subscribers! It’s great to connect with all of you. Please share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - Donald Trump, the U.S. President-elect, recently warned that if BRICS nations challenge the dollar's dominance, they will face 100% tariffs and potentially lose access to the U.S. market as an export destination. - In France, Prime Minister Michel Barnier invoked a constitutional clause to bypass a parliamentary vote and directly legislate the Social Security Finance Bill, a cornerstone of next year’s budget. In response, the Left Alliance and the far-right bloc, key factions in the National Assembly, initiated a no-confidence motion against the government. - Kazuo Ueda, Governor of the Bank of Japan, remarked that the central bank is approaching a rate hike, assuming the data evolves as expected. Major Economic Indicators - December 3: U.S. Department of Labor JOLTS Report - December 5: Speech by Federal Reserve Chair Jerome Powell - December 6: U.S. November Unemployment Rate & Nonfarm Payrolls USDJPY Chart Analysis After encountering resistance at the 157 level, USD/JPY has been in a steady downtrend and is currently hovering around the 149 level. This zone has established a support line, making it difficult to determine a clear direction. If the 149 level holds, a rebound toward 154 is anticipated. Conversely, if it breaks below 149, further declines toward 140 could follow.
by shawntime_academy
DOGE seems to start its rally DOGE is one of the biggest cryptos and supported by Elon Musk. It seems that DOGE wants make a move after a long period of consolidation in a huge triangle. I look at the CMF values and see some early sign of a potential break-out triggering a big rally. Although DOGE was stable at a strong support (90% down from ATH), CMF has been increasing since August 2022. Now, CMF value is about to flip to positive values. When this happened in the past, precisely in December 2020, DOGE had made x15. So I'm buying (DCAing) here and wait for some news from Elon or the community. How's about you? Do you think that DOGE will be back to its ATH or even better set a new one?
by evasivesteering
7
SOL possible resurrection? SOL is one of the most affected cryptos by the FTX crash. Without knowing much about its fundamental, I would like to give my view based on TA. In my opinion, along with other large cap cryptos, SOL may have found its bottom (at $8). What will be the worse scenario for SOL than the FTX's fall? May be the crash of all markets? Except this extreme scenario or a similar one, I expect a recovery of crypto market in general and of SOL in particuliar. Now let talk about SOL. My idea is quite simple: On weekly time-frame, CMF values seem to cross 0 from negative values. It would indicate that the bottom is in and the trend is about to reverse for SOL. Prices are now above the lowest ascending trendline (black continous line), but it would approach this support in the future, at a higher prices. By this, I suppose that the lowest trendline depicted in chart would be the last support, if the considered structure holds. Certainly I need to search/update on this project, but for a possible investment strategy, I put in chart a referenced "Accumulation area" and a very optimistic target. What do you think about this analysis and the price projection? Do you believe in a possible ressurection of SOL (and why)? Thanks for your comments and for any piece of information about the project. All the best with your trades!
Long
by evasivesteering
7
TON → One step away from a rally. Trying to change the trendBINANCE:TONUSDT is coming out of a prolonged consolidation, but only one action separates us from the distribution phase. The bitcoin rally is favorable for many altcoins.... In my opinion, TON is a rather undervalued project that has a fundamentally significant base (many altcoins cannot boast of this). Technically, the consolidation lasted for almost 9 months and, consequently, this energy should be used somewhere. The exit of the price from the accumulation begins to show us in which direction the distribution is likely to go. The focus is on 5.420 and 5.150. If the bulls hold their defenses above this zone, the coin could show a flight to the moon in the long run. But don't look at cryptocurrencies with rose-colored glasses, assess the situation relative to the risks! Resistance levels: 5.420, 6.133 Support levels: 5.151, 4.51 The price is breaking the resistance of the bullish pattern (descending wedge or descending triangle), we have to wait for confirmation that the trend change will be true. The fight for 5.420 continues. Let's keep an eye on this zone ;) Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:TONUSDT ;) Regards R. Linda!
Long
by RLinda
13
Seize the opportunity to continue shorting goldBros, gold fell as expected and touched the short-term support area of ​​2635-2630, and then rebounded again. Currently, gold is running around 2639. At present, gold is repeatedly bullish and bearish in the short term, and neither the rise nor the fall is sustained. The overall market can be classified as a volatile market. However, from the perspective of the strength of gold's rebound, gold is relatively weak, and it has never effectively broken through 2650 during the rebound. So in short-term trading, we still focus on shorting gold after the rebound. Then the area we focus on first is the 2645-2650 area, followed by the 2660-2665 area. As long as gold remains below 2660, I think the short energy is still slightly better, so at the right time, we can short gold with the 2645-2650 and 2660-2665 resistance areas. Bros, are you as bearish on gold as I am? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
Hold on to short gold positionsBros, as I said in my last opinion, we can short gold with the 2645-2650 resistance area. I have already shorted gold at 2645 and 2651 as planned. Although gold has not fallen effectively so far, it still remains above 2640. But we can see that gold has not effectively broken through 2650 in many rebounds, so I think that after consuming a certain amount of long energy, gold will fall again. So I am still very confident in my short position. Bros, have you followed me to short gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin