Stock Of The Day / 03.04.25 / OKTA03.04.2025 / NASDAQ:OKTA #OKTA
Fundamentals. Earnings report exceeded expectations.
Technical analysis.
Daily chart: Uptrend, update of the previous high.
Premarket: Gap Up on increased volume.
Trading session: The price has been trading in a wide range of 101.50 - 104.50 for a long time after the initial impulse at the opening of the session. Volumes for buying appeared after 2:00 p.m. and the price confidently broke the high of the day 104.50. We are considering a long trade in case a retest and holding the price above the level.
Trading scenario: #breakout of level 104.50
Entry: 105.13 when exiting upwards from the range above the level 104.50
Stop: 104.38 we hide it behind the level 104.50 with a small reserve
Exit: We observe a pure trend movement after entering the position. Close the position at a price of 108.35 before the session closes.
Risk Rewards: 1/4
P.S. In order to understand the idea behind the Stock Of The Day analysis, read the following information .
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Just In: Cardano ($ADA) Broke Out of a Falling Wedge Surge 10% The renown altcoin that is known to move in tandem with CRYPTOCAP:XRP saw a noteworthy uptick in price with the native asset surging 10% amidst breaking out of a falling wedge pattern. With the RSI at 57 are we going to witness a lip to the $1 pivot or beyond?
Presently, CRYPTOCAP:ADA is trading within the trendline of the wedge a small thrust above the resistance could be the catalyst CRYPTOCAP:ADA needs to cement a move to $2.
What Is Cardano (ADA)?
Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.
Cardano Price Live Data
The live Cardano price today is $0.936263 USD with a 24-hour trading volume of $5,369,546,196 USD. We update our ADA to USD price in real-time. Cardano is up 8.62% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $32,968,087,133 USD. It has a circulating supply of 35,212,423,444 ADA coins and a max. supply of 45,000,000,000 ADA coins.
$DOGE Market Update📊 $DOGE/USDT Market Update
Welcome to today's analysis! Let’s break down the current price action on CRYPTOCAP:DOGE and its potential movement.
🌐 Overview: CRYPTOCAP:DOGE Testing Key Resistance & Double Bottom Formation
📉 CRYPTOCAP:DOGE was in a downtrend, but now it's showing signs of potential reversal, as price has formed a double bottom pattern.
🔄 Current Scenario:
CRYPTOCAP:DOGE is testing the red resistance zone, which is a critical level that needs to be broken for further bullish confirmation.
If DOGE successfully breaks out, the target will be the blue line level, which was the previous lower low (LL).
However, if the price gets rejected, we could see another pullback before another breakout attempt.
🔑 Key Levels to Watch
🔴 Resistance Zone: Red Level (Needs breakout for bullish continuation)
🔵 Target Level: Blue Line (If breakout is successful, price may reach previous LL)
🛠️ Trade Scenarios
📌 Bullish Scenario (Breakout Above Red Resistance & Double Bottom Confirmation)
If CRYPTOCAP:DOGE breaks and holds above the red resistance zone, this would confirm bullish momentum, with a potential move to the blue target level.
The double bottom pattern would also signal a strong reversal if confirmed.
📌 Bearish Scenario (Rejection at Resistance)
If CRYPTOCAP:DOGE fails to break out, the price may pull back, potentially forming a higher low before another breakout attempt.
📌 Conclusion
CRYPTOCAP:DOGE is at a critical resistance zone, testing a double bottom breakout level. A successful breakout would confirm bullish momentum, targeting the blue line level. However, a rejection may lead to a pullback before another attempt.
Bitcoin CME Gaps Filled – What’s Next for BTC?Current Market Overview & Potential Moves
Long Wicks:
The daily (1D) and weekly (1W) candles are forming long wicks, but these are simply filling previous wicks on their respective timeframes. This means they aren’t valid imbalances that need to be refilled, so they don’t necessarily signal a further downside.
CME Gaps:
Last weekend’s CME gap was fully closed, while the gap from the prior weekend was partially filled, which is often enough. There’s no technical reason for the price to drop just to complete the fill.
With no downside imbalances left to be filled, there’s no immediate reason to expect further declines. The only factor that could still influence a move down is the 1W 50 EMA, which was nearly tested (approx MIL:1K away).
Equity Prices Continue LowerAfter testing all time high levels in the ES contract on February 19th, equity markets have seen significant selling pressure which continued today while the precious metals saw a boost higher. One of the volatility drivers traders are seeing is coming from global tariff policies from the U.S. and many other nations adding uncertainty to the strength of these markets. Over the next few weeks, traders will learn more about the implementation of these tariffs and where the equity markets and precious metals may settle.
Over the last few weeks, the CME Fed Watch Tool has also shifted, and now is pricing in a 44% chance of a rate cut at the May 7th meeting of 25 basis points, where previous expectations were to see the a pause for the May meeting. This week offers a big slate of economic data as well, including ADP Nonfarm Payroll, Initial Jobless Claims, Unemployment Data, and the Fed Monetary Policy Report. This economic data could have an effect on the Fed’s stance on the economy and their plans for rate cuts moving forward.
If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
*CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc.
**All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
$TRUMP Market Update📊 $TRUMP/USDT Market Update
Welcome to today's analysis! Let’s break down the current price action on $TRUMP and what to expect next.
🌐 Overview: $TRUMP Approaching Key Resistance
📉 $TRUMP was in a downtrend after breaking a key support level. Now, the price is approaching the red resistance zone, which was previously a support level before the strong breakdown.
🔄 Current Scenario:
The red resistance zone is a critical level that needs to be broken for a trend shift to bullish.
If $TRUMP successfully breaks above this resistance, it could confirm a bullish trend, with the next target being the blue line level.
However, if price gets rejected, we could see another pullback or consolidation before another breakout attempt.
🔑 Key Levels to Watch
🔴 Resistance Zone: Red Level (Needs breakout to confirm bullish momentum)
🔵 Target Level: Blue Line (If breakout is successful)
🛠️ Trade Scenarios
📌 Bullish Scenario (Breakout Above Red Resistance)
If $TRUMP breaks and holds above the red resistance zone, this would confirm bullish momentum and a potential move toward the blue line target.
📌 Bearish Scenario (Rejection at Resistance)
If $TRUMP fails to break out, we could see a pullback or consolidation, meaning the downtrend could still continue.
📌 Conclusion
$TRUMP is at a key resistance zone—a breakout could confirm a bullish trend, targeting the blue line level, while a rejection may lead to further downside movement. Traders should watch for confirmation before making a move.
Breaking: Dogwifhat Tanks 13% TodayBuilt on the solana ecosystem, a token embroidering the dog with a hat narrative saw its price tank 13% today amidst general crypto dip.
With the RSI at 39 could more dip be looming ahead. For now the asset is in a steep falling wedge pattern so a reversal could be feasible. Given that SEED_WANDERIN_JIMZIP900:WIF once had an All-time-high of $4.85 rising from an all time low of $0.00002344 representing a whooping +2452405.65% gains, SEED_WANDERIN_JIMZIP900:WIF could pull out such fit again with a market cap of $564.14M this adds more credence to the bullish comeback of $WIF.
dogwifhat Price Live Data
The live dogwifhat price today is $0.574867 USD with a 24-hour trading volume of $627,598,272 USD. We update our WIF to USD price in real-time. dogwifhat is down 12.29% in the last 24 hours. The current CoinMarketCap ranking is #98, with a live market cap of $574,200,548 USD. It has a circulating supply of 998,841,059 WIF coins and the max. supply is not available.
Previewing Thursday's ECB Decision | FX ResearchLater this week on Thursday, we get the European Central Bank policy decision. The overwhelming expectation heading into the event risk is that the ECB will go ahead and cut rates another 25 basis points, bringing the deposit facility rate to 2.5%. Euro area economic activity has been sluggish of late, and the central bank's move to cut rates will help stimulate growth. Indeed, inflation data has also shown signs of easing, which has only helped to strengthen the case for lower rates.
At the same time, the ECB will need to be careful, as underlying inflation pressures remain more resilient. But for now, a path forward in which the ECB is leaning towards lower rates makes sense, especially at a time when the central bank is contending with added stress around trade tension, geopolitical risk, and political shifts in France and Germany.
As far as the market reaction goes, we believe the balance of risk leans towards more Euro upside than downside against the US dollar. We say this because so much bearishness is already priced in, leaving little room for the Euro to trade much lower on confirmation of a dovish decision. This suggests anything that deviates from this expectation could inspire a decent amount of demand. We are already seeing formidable demand from medium- and longer-term players on dips below 1.03.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
The Golden Age 7000 EOY SPXThe Golden Age (year) is here!
Have cash ready for May in April. Be heavy hedges going in to 26.
We're going to juice earnings with all the investments pouring in for just about every single industry. Once the injection is complete, we will reset while all the invested money completes projects.
GL!
Better Buy Bitcoin
NEIROETHUSDT – Breakout AlertIn our previous analysis we spotted this symmetrical triangle but it eventually break down. After multiple rejections at the trendline resistance, price action formed a symmetrical triangle, leading to a bearish breakdown. However, momentum has shifted, and the market is now attempting a breakout from the key resistance zone.
Breakout Confirmed? If price holds above this zone, we anticipate a strong rally towards $0.08360, with an extended target of $0.19784.
Rejection Risk? Failure to hold could lead to a retest of the lower support at $0.01947.
Patience is key, let’s see how price reacts!
Max’s growth proves WBD’s content can compete with NetflixThis analysis is provided by Eden Bradfeld at BlackBull Research.
I’ve written a lot about WarnerBrothersDiscovery, and I’ve talked about it a lot in this newsletter.
Long story short — giant monolith formed by the merger of Discovery and the spun-out Warner assets of AT&T³.
The big issue was debt. They’ve managed to pay off a lot of debt — the company’s leverage ratio of 3.8x adjusted EBITDA is on its way to a ratio of 2.5x-3x gross leverage. They’ve paid a stunning 19 billion dollars of debt down in three years.
This led to their CEO, Zaz, being probably the most hated man in the industry. But that leads to strong cash flow — I’ve said before WBD is like a debt product with an equity stub; now it is slowly becoming a pure equity play, with cashflow up the wazoo — the point to remember here is that Max, the company’s streaming service, is growing well — Max added 4.5mn subscribers, versus analysts expecting 2.5mn. That’s proof in the power of their content — their IP — and it is an indication that the company’s content can compete with Netflix.
Stock is up 49% in 6 months, and trades around 11 bucks. If Zaz can continue to reduce debt, the stockholders should be very happy.
Nvidia’s Sharp Decline: Market Turbulence or Buy Opportunity?Nvidia ( NASDAQ:NVDA ) shares took a steep dive on Monday, falling nearly 9% after former President Donald Trump confirmed that tariffs on imports from Canada and Mexico will take effect on Tuesday. This sharp drop contributed to broader market weakness, with the Dow tumbling 800 points (-1.8%) and the Nasdaq Composite sliding over 3%.
Despite Nvidia’s recent earnings beat, its stock has fallen over 13% since last Wednesday, erasing its $3 trillion market cap and bringing its valuation down to $2.79 trillion. However, Tuesday’s trading session saw a notable rebound, with NASDAQ:NVDA gaining 3% as buying pressure returned. Given the technical setup and macroeconomic factors at play, is Nvidia poised for a comeback?
Tariff Fears and Supply Chain Scrutiny
Nvidia’s revenue surged 78% year-over-year to $39.33 billion in its latest earnings report, surpassing analysts’ expectations. However, investor sentiment remains cautious due to the uncertainty surrounding new trade tariffs.
Trump’s 25% tariff on imports from Mexico and Canada could impact Nvidia’s supply chain. While most of Nvidia’s chips are manufactured in Taiwan, other high-end components and full computing systems are assembled in Mexico and the U.S., making them subject to the new duties.
Technical Analysis
Despite Monday’s sharp sell-off, Tuesday’s market session saw a 4% bounce, signaling potential recovery. Key technical indicators suggest a possible shift in momentum. Nvidia’s relative strength index (RSI) has dipped close to oversold territory, suggesting the stock may be due for a reversal. NASDAQ:NVDA is trading at levels last seen in September, a historically strong support area that could trigger buying interest.
With traders digesting tariff implications and market conditions stabilizing, Nvidia could see a short-term bounce if momentum continues.
USD/CAD holds up OK despite tariffsOK, so it's finally happened. On March 4, 2025, President Trump imposed a 25% tariff on imports from Canada and Mexico, with Canadian energy products facing a separate 10% tariff. Tariffs on Chinese imports were also doubled from 10% to 20%.
In response, Canada imposed immediate 25% tariffs on CA$30 billion worth of U.S. goods, with plans to extend them to another CA$125 billion in the coming weeks. While USD/CAD maintained a steady upward movement, it is difficult to characterize the move as a broad-based selloff. Maybe this is more of a trade scuffle than a trade war right now?
China announced additional tariffs of 10% to 15% on U.S. agricultural products, effective March 10. Mexico is set to announce its own retaliatory tariffs on March 9.
Now, the focus shifts to Trump’s next move. He has already suggested he will reciprocate the reciprocation. Where does this end? Full blown trade war? Meanwhile, reports suggest he is considering easing sanctions on Russia.
TradeCityPro | SUIUSDT Is the best time to buy ?👋 Welcome to TradeCityPro Channel!
Let's analyze and review one of the most popular coins in the market, sui, and update our previous analysis and find new triggers
🌐 Bitcoin Overview
Before starting today's altcoin analysis, let's look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday's correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
📊 Weekly Timeframe
In the weekly time frame, it is one of the coins that is in good condition, it is really in the market and is still fluctuating on the high support levels.
After hitting 5.24, we made a new ceiling or ATH, and after that, due to recent market news, we experienced some drops, and this has also caused the price correction of this coin.
For re-buying, if we make a good support candle at this level 2.4, it will be a good trigger and the main trend will start again after we break 5.24. Also, after breaking 1.77, we can temporarily exit this coin and cash out!
📈 Daily Timeframe
In the daily time frame, it has been in relatively good conditions compared to other coins in the market and has experienced fewer declines and still has a lot of support to lose!
After breaking the 1.0333 level, which was our trigger spot, we made our purchase and experienced a move after its failure with the entry of momentum and recorded a new ceiling with this event!
Along with this trend, we can draw our Fibonacci levels, which are currently involved in the important level of 0.382, and after it rises and breaks the ceiling of 5.24, we can experience a powerful move!
If this level is broken, we can also hit the support levels of 1.7702 and 1.3859 and we need to form a structure to buy now, but after breaking the trend line and the 3.65 trigger, it can be a good point! For selling, I will continue to hold for now!
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Gold (XAU/USD) 1-hour chart,Gold (XAU/USD) 1-hour chart, showing a clear Inverse Head and Shoulders or Bullish W Pattern formation.
Key Highlights:
• Entry Zone: A pink-colored box indicating a potential buying zone around 2903-2915.
• Target: A bullish projection suggests the price may rise up to 2954.
• Breakout Level: The 2941 resistance level is a key point; a breakout above this could push the price higher.
• Trend: The market is currently in an uptrend, and after a healthy pullback, the price appears to be resuming its upward movement.
This chart suggests a potential buy setup, with expectations of a bullish breakout if the price successfully breaks above the resistance level.
GBPUSD - Bullish Continuation Toward 1.27710OANDA:GBPUSD is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off support suggests buyers are maintaining control, supporting a potential continuation of the uptrend.
As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact.
A potential upside target is 1.27710, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum.
However, a breakdown below the support zone would invalidate the bullish scenario and may open the door for a deeper pullback.
Remember, always confirm your setups and trade with solid risk management.
Best of luck!
Solana's Flush Is Over: The Path Toward $500+ Is Now ClearThis is it!
Good afternoon my fellow Cryptocurrency trader, we are ready and live today. Solana's low has been hit.
Are you a Solana trader, buyer, holder?
Are you a Solana fan?
If yes, I have great news for you.
The low is in!
Solana's low has been hit.
Get ready for a massive bullish phase.
➖ Technical Analysis
SOLUSDT just activated a very strong support zone. This is the support zone that was created between June and October 2024. A consolidation phase that lasted more than four months and launched a bullish wave that peaked at $296.
This same support range is now being activated with a higher low, and this will lead to a new market phase, the 2025 bull-market. A higher low leading to a very strong higher high; a new All-Time High plus much more.
Easy target here is set around $379 but there is room for more, much more because we are about to experience long-term growth. First, we will have three months green, that is March, April and some May. Then likely a correction and then additional growth leading to the bull-market bull-run phase. This is a rough presentation, we will go deeper as we study together the market and the charts. Huge profits will be made.
This is fun.
This is awesome.
We are ready to trade.
Thank you for reading.
Namaste.
Cardano 7X Trade-Numbers (1330% Potential)I would love to have a better entry here but better late than never. When in doubt, reduce leverage.
The falling wedge pattern here reveals the end of the correction. The bullish breakout reveals the resumption of the bullish move. A bullish move means higher highs and higher lows.
Cardano is set to grow for months and months and months.
We are going up.
You can find the targets for this chart setup listed below:
_____
ADAUSDT LONG 7X (PP: 1330%)
Targets:
TP1: $1.0114
TP2: $1.1499
TP3: $1.3262
TP4: $1.5207
TP5: $1.6410
TP6: $1.8354
TP7: $2.1502
TP8: $2.6594
Adjust all settings to your own liking.
_____
Good luck. Thank you again for your continued support.
Remember, you deserve the best.
The Cryptocurrency market is healthy, new and young.
Crypto is here to stay.
This is only the beginning.
The best is yet to come.
Namaste.
XRP 7X Trade-Numbers (1022% Potential)This is the continuation of a chart setup that I shared on the 1st of January 2025. Each time a strong resistance level is hit, there is a retrace or correction. This retrace ends in a higher low and then comes the resumption of the bullish move.
XRP is bullish and there is no doubt about it. We are seeing the classic sideways period before the continuation of the bullish wave.
We are going LONG once more; thanks a lot for your continued support.
This time we are going in with 7X. All the targets can be found listed below:
_____
XRPUSDT LONG 7X (1,022% Potential)
Targets:
TP1: $2.58
TP2: $2.77
TP3: $3.05
TP4: $3.40
TP5: $3.78
TP6: $4.02
TP7: $4.40
TP8: $5.03
TP9: $5.47
TP10: $6.03
Adjust all settings to your own liking.
This is for experienced traders only.
_____
Thanks a lot for your continued support.
It is truly appreciated.
You can dismiss #1 and focus on the 3rd and forward.
Namaste.
BTC LONG TP:86,000 04-03-2025I foresee a potential manipulation that could drive Bitcoin down to the 81,000 - 82,000 range before we witness a significant rebound pushing the price up to 86,000. This movement is anticipated within a 1-hour timeframe, meaning we should expect this to unfold in the next 10 to 14 hours. If the expected price action does not materialize within that period, the trade will unfortunately be deemed invalid.
Make sure to follow me for the latest updates and insights, so you can continue to seize profitable opportunities!
GOLD → Breakout 2881. The bulls are ready...FX:XAUUSD breaks the downtrend resistance and consolidates above the key resistance 2881. A pre-breakdown consolidation is being formed against 2894, foreshadowing possible growth on the background of the dollar correction
Trump confirmed new tariffs on Canada, Mexico and China, triggering retaliatory measures, adding to US recession risks. Falling PMI and Atlanta Fed GDP led to a sell-off on Wall Street and demand for gold as a protective asset. Geopolitical tensions persist as Trump suspended military aid to Ukraine, sparking European discontent. Markets await US employment data, which will influence Fed policy and the dollar exchange rate
The price breaks through the resistance 2881, which divided the market into 2 planes.
A pre-breakdown consolidation is being formed relative to 2895. The breakdown of resistance and price consolidation above 2895 may strengthen growth
Resistance levels: 2895, 2921, 2929
Support levels: 2885, 2876, 2859
The main task of bulls is to keep the defense above 2885 - 2895. Against the background of growing economic risks, falling dollar, gold has all chances to continue its growth after the change of local trend.
Targets in this case are 2915, 2921, 2929
Regards R. Linda!
Ethereum Crash Or New All-Time High? Ready For Action!The market is giving you a second chance and this is great. This is a short-term retrace, a pull-back, call it whatever, but we know what happens next.
Market conditions do not change to the bearish side after a strong bullish jump. The chart was bullish before the breakout, the chart will become even stronger once the LONG squeeze is over. It seems too many people entered Ethereum on a reaction, the market is making them pay.
Is the action over? Is Ethereum set for lower prices and lower low?
Not likely, market conditions stay the same.
The Ethereum chart doesn't look great on the 2D timeframe, but this doesn't change the dynamics in relation to the rest of the market. What ones does, the world follows. Ethereum doesn't move in a vacuum. We are so blessed to get a second chance in case we missed the first one.
Ethereum is ready. Ethereum is good. Ethereum is going up.
Think of the dynamics of last week. Most of the week was red but the action ended green. This time it will be different, we are likely to see red only the first 1-3 days, the rest of the week we are likely to get green and move up. Once the current level is gone it is gone for good. Nobody will be able to enter with high lev. and keep a position. This is the last chance for a bottom price before the full blown bull-market and the final late 2025 bull-market bull-run.
This is a friendly reminder. Hold strong. PANIC HOLD!
Whatever you do, keep your Crypto, keep your Bitcoins, keep your Ether, it is all going up.
What difference does it make to wait a few days when the reward at the end of the cycle is so much?
The waiting will seen like nothing once you are face to face with the results.
Cryptocurrency is going up massively in 2025.
Don't lose heart. Do not be nervous or anxious, there is no stopping what the market has in store for us.
If you are reading this now, you have great timing, you are blessed, we are looking at bottom prices before a massive, really massive, bullish phase.
Thank you for reading.
Namaste.