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POV: MAHASEAMLES - DROP - BASE - RALLYPOV: MAHASEAMLES - DROP - BASE - RALLY Chart Reading: Background: On December 3rd, I entered this stock at a swing high breakout after observing the following parameters: 1. A Double Bottom pattern (A1 - A2) formed at the Fibonacci 0.618 level. 2. This was followed by a Double Top pattern (B1 - B2). 3. Momentum and trend aligned perfectly, indicating synchronization. This entry provided the expected move with unexpected speed, reaching Target 1. Today, I observed another significant pattern currently forming: DROP - BASE - RALLY. If the upcoming session gives a pullback before crossing the gap zone, it would present a strong setup to aim for the pattern target and Target 2. For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions. #NiVYAMi
NSE:MAHSEAMLESLong
by kzatakia
$VRA couple of ups and downs forming a bullish flagYesterday we successfully filled all the buying orders, make some bucks on that rally up but now is time to understand what is next for #VRA. I don't see it done yet, probably is forming a W or a bull flag, either we are going a little bit side way with ups and downs that we can take advantage of. I'm in a good position still from the buy order of yesterday's dip, but I'm setting up a new buy order at 0.0058. For now it should be enough to take advantage of this market, if it breaks up great, we filled the bags, if not, maybe there is space for another dib to 0.0055/58
Long
by Leandro_P
RIL S/R for 11/12/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:RELIANCE
by zenthosh
Gold Surges Toward Key BreakoutGold prices continue their upward trend, currently trading near $2,702 after a significant rally. The 4-hour chart reveals a strong bullish structure, with the price breaking out of a consolidation zone between $2,666 and $2,651. Key Observations: Gold has reached the 0.618 Fibonacci retracement level at $2,678, confirming its bullish momentum. The next major resistance lies at $2,716. A successful breakout above this level could propel prices toward the 1.618 Fibonacci extension near $2,777. Potential Scenarios: Bullish Continuation: If gold breaks and holds above $2,716, the rally is likely to extend toward $2,777. Pullback Opportunity: A rejection near $2,716 may lead to a retest of the support zone around $2,666–$2,678, offering a potential buying opportunity for traders. Trading Strategy: Buy Zone: Near $2,666–$2,678 on a pullback. Take Profit: Around $2,716 for short-term positions and $2,777 for extended targets. Stop Loss: Below $2,651 to minimize risk.
OANDA:XAUUSDLong
by Pierce_Bowers
GOLD BUY | Idea Trading AnalysisGOLD is creating symmetrical triangle and is moving in a descending AND is moving in an UPWARD channel. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
TVC:GOLDLong
by TheGrove
1
TCS S/R for 11/12/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:TCS
by zenthosh
NIFTY S/R for 11/12/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:NIFTY
by zenthosh
Google LONG Moving Averages (SMA): 50-day SMA: $168.21 200-day SMA: $164.32 The current stock price is above both moving averages, indicating an upward trend. Oscillator Indicators: Relative Strength Index (RSI): An RSI value above 70 may indicate overbought conditions, while a value below 30 suggests oversold conditions. MACD: A positive MACD value and its rise above the signal line confirm bullish momentum. Chart Patterns: Cup and Handle Formation: A "cup and handle" pattern is forming with a resistance level around $182.02. A breakout above this level could lead to a significant price increase.
NASDAQ:GOOGLLong
by chernyshev.ilia
Bitcoin: The Path to $125K or Beyond?BINANCE:BTCUSDT after yesterday’s flash crash price is currently consolidating around $95,000-$98,000. The market’s bullish sentiment is fueled by factors such as record-low exchange reserves, growing demand from Bitcoin spot ETFs, and increased accumulation by long-term holders. These dynamics have significantly tightened supply, positioning Bitcoin for another potential rally. Looking ahead, again breaking the $100,000 psychological level could pave the way toward targets of $110,000 and $125,000. Analysts highlight the influence of regulatory developments, particularly in the U.S., and the increasing adoption of Bitcoin by institutions as critical catalysts for its growth. Conversely, a dip below $94,000 could signal a bearish phase with support at $90,000. The long-term outlook remains optimistic, with experts forecasting Bitcoin’s price to reach between $150,000 and $250,000 within the next year, driven by its finite supply and enhanced institutional backing. As Bitcoin’s trajectory unfolds, monitoring BITSTAMP:BTCUSD ETF inflows and macroeconomic trends will be essential to capitalize on its upward momentum. As per technical analysis, COINBASE:BTCUSD Bitcoin has formed an ascending support line alongside a higher-high structure. This bullish pattern strongly indicates further upward momentum in the coming weeks.

In our previous Bitcoin analysis, we set a bold target of $100,000 when the price was around $60,000, despite widespread skepticism in the market. True to our prediction, Bitcoin achieved and surpassed this milestone, completing all our projected targets. Stay tuned and follow us for more accurate updates and insights into the cryptocurrency market.
 BINANCE:BTCUSDT Currently trading at $97500 Buy level: Above $97,000 Stop loss: Below $90,000 Target : $125,000 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
ATOM tps for this bullbased on past bulls experience I believe fibs and cyclical highs and lows are the best levels to set for profit taking. yes, I do believe in decentralisation and crypto - its utility and potential but I will not bag hold, thinking ahead of time for the next bear/shopping market taking also in consideration my spot avg entry and bag size, these are my tp levels and respective bag %s for $BINANCE:ATOMUSDT. once i get sls/trailling stops I will update the chart, too soon to plan for those do as you please with it 🤝
Long
by matasa_qt
1
From Prime to Subprime: Why December Could See AMZN Fall As always, we like to keep it clean and simple, with technicals and analysis that's easy to see and understand. Let's get into it: AMZN could see a modest correction this December. It's at an all time high, and well into two Wave 5 sequences on the 4h. It's also overbought on an least two oscillators. We see a 5%+ correction to the $215 price range in the coming 3-4 days . SUPPORTING OBSERVATIONS: Recent Rapid Stock Appreciation: AMZN has seen a significant rise, gaining 14.1% since November 29, 2024. Such swift increases can lead to overvaluation, prompting investors to take profits, supporting the reversal to $215. Seasonal Competitive Pressures: Ho ho ho. The holiday season intensifies competition, often leading to increased discounting and promotional activities. This can compress profit margins, potentially impacting Amazon's financial performance and investor sentiment. Investment in New Ventures: Amazon's substantial investment in initiatives like Project Kuiper, its satellite internet project, involves significant capital expenditure. While promising long-term, these ventures may pressure short-term profitability, causing some investors to reassess their positions. Be alert. Trade green.
NASDAQ:AMZNShort
by JC7USA
#SOL reached support zone 📊#SOL reached support zone ✔️ ⚡️The entry point of spot trading has been triggered, so the previous reduced position is automatically bought back. 🧠From the perspective of wave theory, the bearish wolf wave here may have ended, and a rebound can be expected. ➡️For futures trading, we do not have much cost advantage, so I will let everyone choose to wait and see. It is not certain whether it will stabilize here. If it continues to break down, it is possible to touch our defense point, and we will turn profit into loss, which is not worth the loss. 👀I need to further observe whether it can stabilize here, and we will participate in long transactions after specific signals appear. Let's see👀 🤜If you like my analysis, please like💖 and share💬 BITGET:SOLUSDT
Long
by wolf_king888