Trade!
Bitcoin Cash Long Setup Setting / Two sides of the MarketBINANCE:BCHUSDT
COINBASE:BCHUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
379
385.4
391.9
399.3
🔴SL:
358.8
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Sound Hound Ai is about to turn the volume up! 98% Move InboundNASDAQ:SOUN
🔊 NASDAQ:SOUN Update 🔊
We are 6/6 on earnings plays, and now we’ve got the #HIGHFIVESETUP on Sound Hound Ai! 🧠
Called this out a week or two ago, and if you stayed patient and ignored the noise, you had the chance to build your position during the retest of the symmetrical triangle breakout. Now, we’re geared up for a higher move heading into earnings next week.
Here’s what’s happening:
Pullback to the volume shelf and 9/21 EMA: We’re bouncing off, maintaining a higher low from the breakout point—bullish channel intact! 📈
HAMMER candle forming: This reversal candlestick signals a big move higher is on the horizon. 🔨💥
The jacuzzi is reaching that perfect temperature—are you hopping in or missing out? 🚀🌊
Check out the full video and original @TradingView editors' pick linked to this post.
LIKE IT! ♥️ SHARE IT! 🔁 BOOKMARK IT! 📘
NFA
IS ULTA BEUTY ABOUT TO GET A MAKEOVER?!NASDAQ:ULTA
IS NASDAQ:ULTA ABOUT TO GET A MAKEOVER?!
In this analysis video we will discuss:
1️⃣ MY #HIGHFIVESETUP trading strategy
2️⃣ Symmetrical Triangle pattern
3️⃣ My plan for this trade
Short🎯 $448
Long 🎯 $516
Chart 1/5 dropping soon.
What do you think of this trade setup? Are you adding it to your watchlist?
NFA
NASDAQ:QQQ #TRADING
EURUSD SELL | Idea Trading AnalysisEURUSD is moving on support zone
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
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 SELL opportunity EURUSD
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 ⚜️
Aditya Birla Capital Ltd. (NSE: ABCAPITAL) Technical AnalysisCurrent Price: ₹201.60 (-0.82%)
Price Target (Jefferies): ₹265, maintained at Buy
Technical Overview
Price Action: The chart reflects a strong support level near ₹197-₹201, where the price is currently hovering. The support zone is reinforced by a trendline that has been respected several times (highlighted with green arrows). This support level aligns with a high-volume node in the volume profile, indicating considerable buying interest around this area.
Volume Profile Analysis: A significant amount of trading activity has occurred around the ₹190-₹200 range, suggesting strong demand. On the upside, high trading volume can also be seen around ₹227 and ₹241, which could act as resistance if the stock attempts an upward move.
Moving Averages: The 50-day and 200-day moving averages are providing additional support and resistance signals. The stock is currently trading near its 200-day moving average, which has historically provided solid support. A sustained break below this level could indicate bearish momentum.
Resistance Zones: The stock has encountered resistance around ₹240 (indicated by red arrows), with multiple attempts to break this level failing. This level will be crucial for the next bullish wave, and a breakout above it could lead to a new upward trend.
Key Pattern Observations: A broad ascending triangle pattern is observed, with the stock making higher lows since last year. This bullish structure indicates underlying strength, but a break below the support line could invalidate this pattern.
Technical Indicators
1.RSI: The Relative Strength Index is nearing the oversold territory, suggesting that the stock may be due for a reversal or consolidation phase.
2.Support and Resistance Levels:
Immediate Support : ₹197
Critical Support : ₹190
Resistance Levels: ₹211, ₹227, ₹241
Outlook and Conclusion
With Jefferies setting a revised target of ₹265 and maintaining a Buy rating, there is an optimistic long-term outlook. However, in the short term, the price may continue to consolidate around the ₹190-₹200 support region.
Bullish Scenario: If the stock bounces off the ₹197 level, supported by increased volume, it could make another attempt to reach ₹227 or even test the critical ₹240 resistance.
Bearish Scenario : A sustained break below ₹190 might attract further selling pressure, pushing the stock toward the ₹175 region.
Investment Idea: Traders may look for buy signals around the support zones of ₹190-₹200, with a potential target near ₹227 and ₹240, while maintaining a stop loss slightly below ₹190.
Stellar Long Setup Setting / Risky but Why not?BINANCE:XLMUSDT
COINBASE:XLMUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone: 0.0914-0.0942
⚡️TP:
0.0955
0.0968
0.0985
🔴SL:
0.0892
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Top Bitcoin Buying Opportunity – Prepare for Surge to $95,000!📉 Bitcoin Analysis and Wedge Pattern
Bitcoin is nearing the end of a wedge pattern and the completion of wave 5 in the 1-hour timeframe. After this formation, a 3-wave correction is expected, bringing the price to a support zone around $72,750. This level holds significant technical importance and will likely attract buyers’ attention.
🔄 Buying Opportunity Post-Correction
The $72,750 range presents an excellent buying opportunity, as selling pressure is expected to ease, creating room for demand to increase and a potential price reversal.
🚀 Attractive Price Targets
Following this correction, Bitcoin could rise toward the attractive targets of $80,000 and $95,000. If buyer support holds strong, these levels could become key milestones in a potential medium-term uptrend.
💡 Risk Management
Due to market volatility, traders are advised to proceed with risk management and carefully crafted strategies to navigate these price movements effectively.
Gold price analysis November 7Fundamental Analysis
Gold (XAU/USD) extended losses for a second straight session on Thursday. The dollar-denominated precious metal faced downward pressure from a stronger US dollar (USD) following former President Donald Trump’s victory in the US election.
Gold prices are under pressure as safe-haven flows ease amid market optimism and the “Trump trade”. The move was driven by the apparent victory of the president, while the market had previously anticipated a controversial outcome.
The US Federal Reserve’s (Fed) policy decision will be in focus on Thursday. Markets expect a modest 25 basis point rate cut this week. This could be supportive for Gold as lower interest rates reduce the opportunity cost of holding non-yielding assets. The CME FedWatch tool shows a 98.1% chance that the Fed will cut interest rates by 0.25 percentage points in November.
Technical Analysis
After yesterday's sharp decline, Gold is being adjusted slightly higher at the beginning of today's Asian trading session. Pay attention to the 2677 port area for SELL strategies in the Asian and European sessions. The 2625 and 2603 support areas become key support levels and also become TP zones for SELL signals. The psychological port breakout zone of 2700 becomes an important resistance zone at the moment when Gold prices have some retests.
Double BottomDouble Bottom around 168 -168.50; a bounce
is expected.
Tomorrow's Closing is Important.
Sustaining 168 , may lead it towards 190 - 193.
On the flip side, if 168 is broken, we may
witness further downside; but it should touch
180 - 181 once before going down.
However, for a Trend Reversal, it is important
to cross 201 - 202.
Bitcoin's Fate: Harris or Trump? / 19Days left for BTCBINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Traders.
With the 2024 election around the corner, Bitcoin's future is uncertain.
If Kamala Harris wins, expect tougher regulations, potentially slowing down crypto growth.
Meanwhile, a Trump win could bring a looser regulatory stance, possibly spurring Bitcoin's rise despite his personal dislike for it. As the U.S. prepares to choose its next leader, Bitcoin investors are left wondering: which path will shape crypto's destiny?
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. Also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
74,320
80,750
89,423
🔴SL:
54,384
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
SUIUSDT Long Setup Setting / Quick tradeBINANCE:SUIUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status🙂
👾Note: The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone: 1.872-2.1035
⚡️TP:
1.9517
2.02
2.1035
🔴SL:
1.7654
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Short term analysis of Ethereum chartIn the 4-hour time frame, the green box is marked, which can be a suitable range for buying, around the price of $2,300 to $2,350. This analysis is suitable for those who trade in the short term, by the way, this is an analysis and no one from the future. 100% no news.
I suggest you follow me to find the right places to buy
be successful and profitable
Calm before the storm. Waiting for the rockets to launchI've covered many topics in this video
The difference between myself and others is that I speak from real world experience whilst others keep trying the 'sell the dream'
bullsh*t baffles brains, and that's not what I'm about
So if you are a student of the markets I hope you are taking notes of these golden nuggests
Fantom (FTMUSDT) Short Signal on 4-Hour Timeframe💡 Technical analysis shows that after completing a 5-wave Elliott pattern, Fantom has entered a corrective phase, forming an ABC correction. Additionally, a Head and Shoulders pattern is in progress, with a potential neckline break signaling an ideal short entry.
🎯 Price Targets:
Target 1: $0.53
Target 2: $0.44
Target 3: $0.32
⏳ Correction Timeframe: Late December 2024 to early January 2025
This time window provides promising shorting opportunities for Fantom. The specified targets can also be considered for re-entry into long positions, as a new bullish wave may begin after the correction completes.
⚠️ Stop Loss: Set a stop loss slightly above the neckline to protect capital.
"STLA" (Stellantis) Buy Opportunity at Strong SupportTicker: NYSE:STLA (Stellantis)
Long Entry: Near current support level
Target: All-Time High (ATH) , could be splitted
Stop-Loss: Just below current LOW
Risk-Reward Ratio: ~1:24
Analysis:
Stellantis (STLA) has pulled back to a strong historical support level, aligning with an old bullish trendline that has served as a base for previous upward movements. This confluence of technical factors indicates a solid area for potential long entries with limited downside.
The current setup offers an exceptional risk-to-reward ratio of approximately 1:24, as we're positioned near support with a clear path to the last higher high at the ATH level. As long as support holds, a move towards ATH is likely, fueled by a reactivation of the prior bullish momentum.
Key Notes:
Risk management is crucial: The close stop-loss limits downside exposure, and the target offers substantial reward potential.
Confirmation on support strength would reinforce the setup, adding confidence to the upside.
Disclaimer: This is not financial advice. Please do your own research or consult a financial advisor before making any trading decisions.
AU:Will Positive Aussie Labor Data Hold as US Retail Sales Loom?The Australian Dollar (AUD) found support on Thursday following the release of positive labor market data. Australia's Employment Change rose by 64.1K in September, bringing total employment to a record-high 14.52 million. This strong labor data has provided a temporary boost to the AUD, despite broader market uncertainties. However, traders remain cautious ahead of the anticipated US Retail Sales data, which is expected to show a 0.3% increase for September, up from 0.1% in the previous month.
Technical Analysis and Market Positioning
From a technical perspective, the Commitment of Traders (COT) report shows a clear divergence in market sentiment. Retail traders appear to be strongly bullish on the AUD/USD, while smart money (institutional investors) has taken a bearish stance. This discrepancy often signals the potential for market reversals, as institutional players are generally more adept at positioning ahead of key market moves.
Additionally, when looking at seasonality trends from the Forecaster and considering key Supply and Demand areas, there’s a possibility that the AUD/USD could experience a new drop. However, this is likely to occur after a brief retracement, as the market digests both the Australian labor data and the upcoming US economic figures.
Outlook and Strategy
For now, we are adopting a wait-and-see approach. Given the mixed signals from the COT report and the seasonal factors at play, we prefer to remain on the sidelines until the situation becomes clearer. The upcoming US Retail Sales data, along with other market-moving news, will likely provide further direction for the AUD/USD in the days ahead. Once the market reacts to these key events, we will reassess and consider potential trade setups accordingly.
Patience is key, as the next few days could bring more clarity after the news impacts play out.
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