TSLA NEOWAVE ANALYSIS (DAILY)I thought of sharing this chart because the quality and pattern are working out to be excellent for the daily , and I'm curious to see where price will end up.
The pattern is an expanding triangle.
Normally, wave E will almost break above the A-C trendline.
Wave E is the largest, typically 138% to 161.8% of wave A or wave C, but it must be slightly longer than wave C.
Wave E appears to be most likely an impulsive 5 wave move with wave 5 just beginning.
Contains IO script
Analysis of 10000SATS/USDT (Daily Timeframe)**Market Structure:**
The price has decisively broken out of the **descending channel**, showing early signs of a bullish reversal. This breakout occurred above the **0.786 Fibonacci retracement level**, a critical area that now serves as immediate support.
**Key Observations:**
1. **Fibonacci Retracement Levels**:
- The **0.786 level** has been reclaimed, signaling a potential reversal from the extended bearish trend.
- The **0.618 Fibonacci level** serves as the next target, with **0.382** being a longer-term bullish objective.
2. **Volume Analysis**:
- A spike in **volume** confirms the validity of the breakout, as smart money appears to be entering the market.
- Typical of breakout setups, volume dropped prior to the move, consistent with a consolidation phase.
3. **Momentum Indicators**:
- **RSI**: At **67**, the Relative Strength Index signals strong bullish momentum but approaches overbought territory, suggesting the possibility of near-term consolidation.
- **CMF (Chaikin Money Flow)**: Positive at **0.16**, indicating steady accumulation and buying pressure.
4. **On-Balance Volume (OBV)**:
- OBV has consistently risen, reflecting increasing buyer participation and a strong bullish foundation.
5. **200-Day Moving Average**:
- The price remains slightly below the **200-day MA**, an important level for confirming the long-term trend shift.
**Key Levels to Watch:**
1. **Immediate Support**:
- **0.786 Fibonacci level**: Must hold for the breakout to sustain its bullish momentum.
2. **Immediate Resistance**:
- **200-day MA**: A close above this level would solidify the bullish trend.
- **0.618 Fibonacci level**: A breakout above this level could accelerate bullish momentum.
**Scenarios**:
1. **Bullish Scenario**:
- A **close above the 0.786 Fibonacci level** will confirm the breakout's strength.
- Sustained buying pressure could push the price toward the **0.618 Fibonacci level**, aligning with the next major resistance.
2. **Bearish Scenario**:
- Failure to hold the **0.786 Fibonacci level** may lead to a retest of the descending channel's upper boundary or lower support levels.
**Conclusion:**
The breakout from the descending channel and the move above the **0.786 Fibonacci retracement level** mark a pivotal moment for 10000SATS/USDT. Traders should focus on whether the price can sustain above the **0.786 Fib** and gain strength toward the **0.618 level**.
**Recommendation:**
- **Swing Traders**: Enter on a confirmed **daily close above the 0.786 Fibonacci level** to validate the breakout.
- **Day Traders**: Watch for volume and RSI dynamics to time entries around current levels.
Months of Accumulation, Distro Time?This, along with several other dinosaur alts were a precursor to this bull market. With Months of consolidation while bitcoin and many other newer alts make new highs.
I think we are heading into the expansion phase pretty soon from here. If we got a pullback from current resistance and formed a handle on the 2 day chart, for a nice cup and handle pattern, you bet your sweet tits a ton of money is gonna flow into this thing.
The People PleaserIt's nice to see a structural setup like this with BTC going sideways or down. And, not seeing this coin give back all the gains after a 600% rally. At the support lows of 4-45 we are down 70% from the peak of the last breakout. And We've been consolidating in this range for weeks now, I think something is going to give soon, so Im going to start loading this one up while bitcoin trades down a bit.
If we get another test of the 4-45 support zone, which was the major resistance that lead to the 600% breakout. Then it might be the last time we see this level for this bullrun. The next breakout, so long as it pushes pass the highs, would see consolidation on the pullback, *ideally*, around the 8-10c range. That's still 40% from current price, if you held through a breakout, did not sell, and clenched the bag through another 70% pullback.
2400+ captured in BTC again today, signal still onHey Guys,
my custom Sentiment Indicator (PAID) is doing an outstanding job by capturing the sharp moves which comes after consolidation. signal is still on and 2400+ points captured... red background/green background mean sell/buy with or without buy/sell button... This is so helpful specially to beginners, this can help even if people dont know much where traps are, where price can reverse.
another amazing day and another powerful performance
#MKR/USDT - Long - Potential 39.57%Strategy: Long
• Exchange: BINANCE
• Account: Spot
• Entry mode: Market order in range
• Invest: 5%
• Exit:
• ⎿ Target 2 : 3104 40.01%
• ⎿ Target 1 : 2340 5.55%
• Entry: 2217 ⌁ 2217
• ⎿ Current market price: 2217
• Stop: 1952 (-11.95%)
• Technical indicators:
Chasing a volume pump, break of the 200MA, and 2068 resistance.
• ⎿ 24h Volume: 92872248.1704
• ⎿ Satoshis: 2217
• ⎿ Analysis: TradingView
USD/CHF perfect sell opportunity USDCHF has rejected a critical level and is now exhibiting clear signs of a potential reversal. My current bias is bearish, with expectations for further downside momentum as the reversal confirms.
Key levels to watch:
Support Zone: 0.87998
Resistance Zone: 0.89463
I recommend waiting for additional confirmation (e.g., candlestick patterns, break of structure) to align entries with your risk management plan.
Trade confidently and strategically!
E-Commerce on the Rise!JD.com is building strong bullish momentum, with a gap forming around the $35.50 level. A breakout above the $41.95 resistance would confirm further strength, positioning the stock to target the $50.68 weekly resistance. This setup offers an attractive risk-to-reward ratio, with a stop-loss set at $37.36 to manage downside risk.
As one of China’s leading e-commerce platforms, JD.com is well-positioned to benefit from the continued recovery of the Chinese economy and growing consumer demand. The company’s robust supply chain infrastructure and commitment to innovation in logistics and AI-driven retail further bolster its long-term growth prospects. With increasing investments in cloud services and international expansion, JD.com is poised for sustained upside.
This combination of technical momentum and strong fundamentals supports a bullish case for JD.com, with $50.68 as a realistic near-term target.
NASDAQ:JD
BIGTIME CUP AND HANDLE PATTERN Key Points:
Cup and Handle Pattern:
The chart indicates the formation of a Cup and Handle pattern, a bullish continuation pattern.
The "cup" formation began around April 2024 and completed in November 2024.
The "handle" part is forming currently and has recently broken out, suggesting a continuation of the upward trend.
Support and Resistance Levels:
Current Price: The current price is $0.19273.
Immediate Support: Around $0.17397, which aligns with the previous consolidation area during the handle formation.
Major Support: Around $0.13341, which is the low point of the cup formation.
Resistance Level: The immediate resistance level is around $0.19230, which the price has just broken.
Target Price:
The Cup and Handle target price is calculated by measuring the depth of the cup and adding it to the breakout point.
The target price is around $0.32614, representing a significant upside from the current price.
Technical Indicators:
200 EMA: The 200-day Exponential Moving Average is currently at $0.16013. The price trading above this level indicates a bullish trend.
Volume: The recent breakout is accompanied by an increase in volume, which adds strength to the bullish signal.
Conclusion:
The Cup and Handle pattern suggests a bullish continuation, with a target price of $0.32614. The price has just broken out from the handle, supported by increased volume, and is trading above the 200-day EMA. Immediate support is at $0.17397, and major support is at $0.13341. This setup indicates a potentially strong bullish movement ahead for BIGTIME/USDT. However, it's essential to keep an eye on the support levels and ensure that the breakout is sustained.
Stock Analysis - GRSE Stock Alert: GRSE (Garden Reach Shipbuilders & Engineers Ltd)
🚀 Descending Channel Breakout Potential
Buy Above: ₹1807
Sell Target: ₹3530
Gain Opportunity: ~96% if the pattern is completed successfully
💡 Technical Analysis Highlights:
A bullish reversal pattern is forming with the potential to break out from the descending channel.
Sector: Producer Manufacturing | Trucks/Construction/Farm Machinery
Strong upward momentum supported by improving fundamentals.
🌟 Key Fundamentals:
EPS Growth YoY: +12% (Sep '24)
Revenue YoY: ₹1,152 Cr (+28%)
📌 Plan your trade. Trade your plan!
Stay tuned for further updates and insights. 📊
#StockMarket #GRSE #TradingTips #BreakoutStrategy #InvestWisely #inestofino
@investofino
Stock Analysis - Paras Defense & Space Technologies (PARAS)Stock Alert: Paras Defense & Space Technologies (PARAS)
Descending Channel Breakout Potential
Buy Above: ₹1135
Sell Target: ₹1940
Gain Opportunity: ~71% if the pattern completes successfully!
💡 Technical Analysis:
The stock is poised for a bullish breakout from a prolonged descending channel.
Watch for increased volume to confirm the breakout.
📌 Sector: Aerospace & Defense
Stay updated for more actionable insights. Trade wisely!
#StockMarket #ParasDefense #BreakoutTrading #InvestSmart #StockAnalysis #investofino
@investofino
Bank Nifty Trend Analysis for 03/12/2024Bank Nifty Trend Analysis for 03/12/2024
Key Levels
Average Level: 51,926 (Pivot Zone)
Possible Upward Targets:
First Target: 52,197
Second Target: 52,700
Possible Downward Targets:
First Target: 51,930
Market Trend Outlook
Upside Scenario
If Bank Nifty sustains above the average level of 51,926, it indicates bullish sentiment.
Target 1: 52,197 (+0.5%) – This is the immediate resistance; a breakout can drive further momentum.
Target 2: 52,700 (+1.5%) – Represents the next resistance level where profit booking may occur.
Downside Scenario
A break below 51,926 signals weakness, leading to a move toward the first support at 51,930.
Further selling below 51,930 may trigger increased bearish pressure, with deeper levels to be monitored.
Market Movement Expectation for the Day
Likely Trend: Bank Nifty is expected to remain range-bound, oscillating between 51,926 and 52,197, unless there’s a strong external trigger.
Volatility: Moderate, with chances of sharper moves near breakout or breakdown levels.
Recommendations for Traders
For Long Positions:
Enter above 51,926, with targets of 52,197 and 52,700.
Keep a stop-loss near 51,930 for risk management.
For Short Positions:
Initiate below 51,930, targeting lower levels.
Stop-loss at 52,000 to limit risk.
Conclusion
The 51,926 level is the key pivot for today. Sustained trading above it favors bulls, while a breach below it could lead to bearish momentum. Monitor price action near these levels to confirm the trend.
YFI Looking Bullish#CryptoWhale100Billion Alt Coin Analysis: YFI
🚀 Bullish Trend Alert for YFI! 🚀
My analysis indicates that YFI may experience a bullish trend in the medium term. The current price is hovering around the support level of $5300. If it manages to hold this level, we can expect the price to rise to the next resistance level at $8400 and potentially break out.
🔍 Technical Indicators:
RSI: Currently in the oversold region, indicating that ATOM is undervalued and may experience a bullish reversal soon.
MACD: Showing signs of a bullish crossover
Buy: At the current price or lower.
Hold: Maintain the position and consider adding more if the price breaks through the resistance level.
Stop-Loss: If the price drops below the support level of $5000, consider buying or setting stop-loss orders.
📈 Your Thoughts?
Shoot me a message with your Technical Analysis to share your thoughts and trading strategies. Let's discuss where ATOM might go next!
👍 Press the Thumbs Up and leave a comment below with your ideas on ATOM's future movements.
Follow and like! I'll keep making more of these charts.
Thank you for the support!
🔗 Previous Chart Links for Reference Below
#CryptoWhale100Billion #YFI #CryptoAnalysis #TradingStrategy #BullishTrend #TechnicalAnalysis #CryptoCommunity
XAU/USD Buy Entry - 1 Hr
Trade Setup:
Entry: 2636
Take Profit (TP): 2654
Stop Loss (SL): 2629.36
Market Context:
The price is consolidating within a symmetrical triangle pattern, signaling potential breakout momentum. This buy entry is positioned near a strong support zone, aligning with the lower boundary of the triangle and previous demand areas. The setup aims to capitalize on a possible bullish breakout from this consolidation.
Technical Analysis:
Support Zone:
The entry level (2636) is close to a well-defined support zone, increasing the probability of a bounce.
SL is placed just below the support at 2629.36 to minimize risk in case of a breakdown.
Triangle Formation:
The symmetrical triangle pattern indicates consolidation, with a potential upward breakout supporting the move toward TP at 2654.
Indicator Signals:
RSI: Likely near neutral or oversold territory, offering room for upward movement.
Volume: A volume increase on a breakout will confirm bullish momentum.
Fighting Emotions: Overcoming Greed and Fear in the MarketThere are moments in life that remain etched in memory forever, dividing it into "before" and "after." For me, that pivotal moment was the fateful day I lost an enormous sum of money—enough to live comfortably for 3–5 years. This loss was not just a financial blow but a deep personal crisis, through which I found the true meaning of trading and life.
When I first embarked on the trading path, success came quickly. My initial trades were profitable, charts followed my forecasts, and my account grew at an incredible pace. Greed subtly crept into my heart, whispering, "Raise the stakes, take more risks—the world is yours." I succumbed to these temptations, ignoring risks and warnings. It felt as if this success would last forever.
But the market is a force of nature that doesn’t tolerate overconfidence. On what seemed like an ordinary day, everything changed. Unexpected news rocked the market, and my positions quickly went into the red. Panic consumed me, and instead of stopping and accepting the losses, I decided to recover them. That mistake cost me everything.
In just a few hours, I lost an amount that could have secured my life for years. I stared at the screen, unable to believe my eyes. My heart was crushed with pain and despair. In that moment, I realized that greed had brought me to the brink of ruin.
After that crash, I was left in an emotional void. Fear became my constant companion. I was afraid to open new positions, afraid even to look at the charts. Every thought about trading filled me with anxiety and regret. I began doubting myself, my abilities, and my chosen path.
But it was in that silence that I started asking myself important questions: How did I end up here? What was driving me? I realized that greed and a lack of discipline were the reasons for my downfall.
Understanding my mistakes, I decided not to give up. I knew I had to change my approach not just to trading but to life as well. I began studying risk management, trading psychology, reading books, and talking to experienced traders.
Key Lessons I Learned:
Acceptance of Responsibility : I stopped blaming the market or external circumstances and took full responsibility for my decisions.
Establishing Clear Rules : I developed a strict trading plan with clear entry and exit criteria.
Emotional Control : I began practicing meditation and relaxation techniques to manage my emotions.
Gradually, I returned to the market, but with a new mindset. Trading was no longer a gambling game for me. I learned to accept losses as part of the process, focusing on long-term stability rather than quick profits.
Risk Diversification : I spread my capital across different instruments and strategies.
Continuous Learning : I invested time in improving my skills and studying new analytical methods.
Community and Support : I found like-minded people with whom I could share experiences and get advice.
That day when I lost everything became the most valuable lesson of my life. I realized that true value lies not in the amount of money in your account but in the wisdom and experience you gain. Greed and fear will always be with us, but we can manage them if we stay mindful and disciplined.
Takeaways for Traders :
Don’t Let Greed Cloud You r Judgment: Set realistic goals and celebrate every step forward.
Fear is a Signal : Use it as an opportunity to reassess your actions and strengthen your strategy.
Risk Management is Your Best Friend : Always control risks and protect your capital.
My journey was filled with pain and suffering, but it was these hardships that made me stronger and wiser. If you are going through difficult times or standing at a crossroads, remember: every failure is an opportunity to start over, armed with experience and knowledge.
Don’t give up. Invest in yourself, learn from your mistakes, and move forward with confidence. Let your path be challenging, for it is through overcoming obstacles that we achieve true success and inner harmony.
Your success begins with you.
If you enjoyed this story, send it a rocket 🚀 and follow to help us build our trading community together.
The next 3-4 weeks are expected to be the time for AltcoinsToday, we will analyze the relationship between Total 2 and BTC.D to strategize whether to hold onto altcoins or take profits.
First, BTC.D is undergoing a correction spanning from the daily (D1) to the weekly (W) timeframe and currently stabilizing within the monthly (M) timeframe (December candlestick). This correction is expected to last 4-6 weeks (personal estimate), during which BTC’s market dominance will decrease, leading to slight value declines. The extent of this decrease will depend on TOTAL.
Second, TOTAL 2 is showing a strong bullish cycle across daily (D1), weekly (W), and monthly (M) timeframes (as seen in the chart). This indicates that the coming weeks will be a highly active period for altcoins, especially those exhibiting robust upward structures on the W and M frames.
Feel free to comment if you'd like to receive a curated list of altcoins selected by BOT RAINBOW.