This week, Nifty surged to 23,350, an impressive 950-point rally from last week’s close. The index hit a high of 23,402 and a low of 22,353. As I highlighted last week, I expected Nifty to trade within a narrow range of 22,850 – 21,950. However, Nifty broke out of this range, shattering the upper limit, and the resulting short covering led to a strong bullish close. Next Week: A Critical Turning Point Looking ahead, next week is going to be crucial. Despite the strong move, Nifty is still in a bearish phase on both the weekly and monthly time frames. However, if Nifty manages to retrace slightly to 23,000 and sustain above the 22,900 – 23,000 range, we could see the bulls taking control, pushing the market up toward 23,800/23,850. On the other hand, if Nifty falls below 22,800, it would signal a breakout failure, which would be bad news for the bulls. In that case, Nifty could potentially drop to 22,000. March-End Volatility: Be Ready for Both Sides At the end of March, traders typically start booking their losses to offset gains for the financial year, creating increased volatility. This makes it an exciting time for directional traders, as we could see sharp movements in both directions. For me, as long as the monthly and weekly charts remain bearish, I am cautious and not ready to turn bullish just yet. However, there are some sectors showing relative strength, and these could offer trading opportunities: Nifty Energy Nifty Financial Services Nifty Metal Nifty Public Sector Enterprises (PSE) Keep an eye on stocks from these sectors, as they are currently outperforming others. S&P 500: Mixed Signals On the global front, the S&P 500 closed this week at 5,667, barely 30 points above last week’s close. The index has failed to sustain above the DEMA200 level at 5,705, signaling that the bulls are struggling to maintain momentum. A consecutive daily close above this level would help restore confidence among the bulls, potentially targeting 5,850. However, if S&P 500 drops below 5,600, we could see a faster sell-off, with the recent low of 5,500 likely to come into play. It’s going to be a tense week as we await to see whether the bulls or the bears take control. In Summary: Prepare for Volatility Next week promises to be an exciting week for traders, as both domestic and global markets face critical levels. Directional traders should remain flexible, prepared for sharp moves in both directions. Focus on key sectors showing strength and stay vigilant for any breakout or breakdown in the Nifty and S&P 500.
Looks like the price is going lower and it is bearish. Hopefully next week it could have enough momentum to continuously pushing lower and take out the support area towards 4200. Depending on price action, price would probably going much lower to 4000 where a much stronger support is expected. The only way for price to continue higher is to close above the 4500.
Want to put REAX out here. I don't necessarily know what to expect here TA wise. But the company and financials are very interesting and good. So I think it's worth to keep an eye on this one. I don't own the stock yet because I don't know what to think of the chart currently. But I do want to own the stock if I start to like the setup/PA. Q3 2024 - **Revenue Growth:** 74% increase to $372.5 million - **Gross Profit Growth:** 71% increase to $32.1 million - **User (Agent) Growth:** 79% increase to 21,770 agents Q4 2024 - **Revenue Growth:** 93% increase to $350.6 million - **Gross Profit Growth:** Not explicitly stated for Q4, but full-year gross profit increased significantly - **User (Agent) Growth:** 77% increase to 24,140 agents by the end of Q4
Rainbow wave 2024\2025 Cycle Foresees +$200K for CRYPTOCAP:BTC Local Top!
The market fluctuates slowly during the weekend. We notified to buy at 84,000 today and currently there is a small profit. Keep waiting patiently for the upward movement. Currently, my account balance has grown from an initial $40,000 to $800,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
ASCM break the trend and it will go up as 50% MIN AT 58-60 with stop loss at 33 which means 13% stop loss AND take profit 50%
This chart presents a technical analysis of the EGLD/USDT, using daily candlesticks. Below is a detailed breakdown of the analysis: 1. Trend Analysis The price has been in a downtrend, moving within a descending channel. Several consolidation zones indicate previous accumulation and distribution phases. A key support level appears to be around $16.35, while resistance levels are marked at $21.98, $23.50, and a higher resistance zone near $40.50. 2. Current Market Position The price is currently hovering around $18.19. The market recently tested the lower boundary of the descending channel and is near a support zone. A possible breakout above the descending trendline could signal a trend reversal. 3. Future Price Projection The analysis suggests two possible scenarios: Bullish Scenario: The price may test the support at $16.35, then rebound upwards, breaking key resistance levels at $21.98 and $23.50, ultimately heading towards the $40.50 zone. Bearish Scenario: If the support at $16.35 fails, the price may drop further into a lower demand zone between $11 - $13 before attempting a reversal. Conclusion This chart outlines a potential trend reversal, provided the price successfully breaks key resistance levels. If support at $16.35 holds, an upward movement toward $40+ is possible. However, a failure to hold above this level could trigger further downside. Traders should watch for confirmation signals before making a move. *Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and past performance does not guarantee future results. Always conduct your own research and consult with a professional before making any investment decisions. Trade responsibly.
Sell after bearish candle stick pattern, buy after bullish candle stick pattern.... Best bullish pattern , engulfing candle or green hammer Best bearish pattern , engulfing candle or red shooting star NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER Stop lost before pattern R/R %1/%3 Trade in 5 Min Timeframe, use signals for scalping
MBEG breaks the main trend wihch means t will go up tp 3.60 as min 50% profit so we will take buy position with sl 15% and tp 50%
Heute schauen wir uns mal Solana an. Rückblickend war das Jahr 2020 bis Ende 2022 wirklich irre. Wer hätte das für möglich gehalten, wenn man sich den prozentualen Zuwachs ansieht. Ebenso stark fiel dann auch der Bärenmarkt aus, mit Verluste bis 97 %... was sagt uns das? Nur realisierte Gewinne sind Gewinne, alles andere ist heiße Luft. Unser jetziger Bullenmarkt ist vergleichbar mit der Welle 1 im ersten Halbjahr 2020. https://www.tradingview.com/x/19S0w11Q/ Die Frage ist nur, wo stehen wir jetzt? Kommt noch was oder war es das? Das weiß leider keiner so genau, aber wir schauen uns mal im kleineren Zeitrahmen um. https://www.tradingview.com/x/YyniVcNl/ Huch,... ein Trippel-ABC eine sogenannte WXYXZ Korrektur. So schaut es zumindest momentan für mich aus. Mehr geht dann wirklich nicht mehr. Eine Kombination aus Kombinationen ist nicht zulässig. Wenn wir an dieser Stelle weitere Tief sehen sollten, dann muss ich den Chart nochmals neu überdenken. Wir gehen mal noch eine Stufe tiefer... https://www.tradingview.com/x/Mal0xZy6/ Es könnte sich ein Multi 1-2 Szenario aufbauen. Die Invalidation ist gekennzeichnet. Unter dieses Level sollten wir nicht fallen. Was könnte uns jetzt noch helfen, dass wir diese Idee für sinnvoll erachten. Schauen wir uns mal folgendes an: https://www.tradingview.com/x/lgrFcwzT/ Legt man den Global M2 Money Supply darüber und setzt das Offset =70, dann könnte sich erahnen lassen, was die Zukunft bringen könnte. Was denkt ihr dazu? Ich bin immer noch bullisch und setze auf weiter steigende Preise. Liebe Grüße eure TQ618