Here’s a TradingView idea for your sideways trade setup with a potential breakout: --- **ACT FINANCIAL (EGX) – Sideways Trade with Breakout Potential** ? **Technical Analysis:** The stock is currently trading within a sideways range, showing strong support and resistance levels. The price is bouncing between these levels, offering a short-term trading opportunity. However, the presence of a bullish divergence in the MACD suggests a possible breakout. ? **Trade Plan:** - **Entry:** Near the lower boundary of the range, aiming for a small upward move. - **Stop Loss:** Below the recent support zone. - **Target Levels:** 1️⃣ **First Target:** Minor resistance within the range. 2️⃣ **Second Target:** Upper boundary of the sideways channel. 3️⃣ **Breakout Target:** If a breakout occurs, aiming for a new resistance level above the range. ? **Indicators & Confirmation:** - MACD showing bullish divergence, signaling potential upside. - Watching for volume increase as a breakout confirmation. - Risk/Reward ratio looks favorable within the range. ? **Final Thought:** A range-bound trade with small targets offers a controlled risk setup. However, if the stock gains momentum and breaks out, it could lead to a strong bullish move. Keep an eye on key levels! #Trading #StockMarket #TechnicalAnalysis #EGX --- not financial advice ?
Price might break through the level of 84247.7 as we continue to see a drop in price in Bitcoin. We expect a further drop in price to 80k level. A sell opportunity is envisaged.
Price just tested the pullback support level. I expect price to trade bullish away from the current market price. A buy opportunity is envisaged. We just had a bullish reversal pattern formed
Here’s a trading idea you can publish on TradingView based on the image: --- **E-Finance for Digital and Financial Investments (EGX) - Potential Reversal Setup** ? **Technical Analysis:** The stock has been in a strong downtrend, forming a falling wedge pattern, which is typically a bullish reversal signal. Currently, the price is testing a key support level, and a breakout above the trendline could indicate the beginning of an upward move. ? **Trade Plan:** - **Entry:** Upon confirmation of a breakout and close above the trendline. - **Stop Loss:** Below recent lows to minimize risk. - **Target Levels (3 Stages):** 1️⃣ **First Target:** Near the next resistance level (previous support). 2️⃣ **Second Target:** Around the mid-range resistance zone. 3️⃣ **Final Target:** At the major resistance level from previous highs. ? **Indicators & Confirmation:** - Price is near a strong demand zone. - Potential bullish divergence in volume/momentum indicators. - Watching for confirmation from moving averages. ? **Final Thought:** A successful breakout could provide a great risk-to-reward opportunity. Always manage risk and adjust targets accordingly! #Trading #StockMarket #TechnicalAnalysis #EGX --- You can tweak this based on your exact targets and trading style. not financial advice ! ?
Breakdown ? Technical Analysis: Ascending Channel: Price is respecting the channel structure, showing bullish momentum. Fair Value Gap (FVG) Fill: Market could test the FVG area before further upside. Breakout Retest Possibility: Watching for a consolidation or breakout from the current trendline support. Key Levels to Watch: Resistance: 1.09366 - 1.09552 Support: 1.07811 (Daily Low) 4HR Trendline Holding: If respected, price could push higher toward the resistance zone. ? Fundamental Analysis: ? Bullish EUR Drivers: ✔ Germany’s €500B Stimulus: Boosting economic growth, strengthening EUR. ✔ ECB Inflation Concerns: Fewer rate cuts expected, supporting the euro. ? Bearish USD Drivers: ❌ U.S. Growth Concerns: Weak job data, rising unemployment. ❌ Fed’s Cautious Stance: Powell signals no rush to cut rates, keeping USD uncertain. ? Bias & Trade Plan: ? Bullish Bias: Favoring long positions as fundamentals and technicals align for EUR strength. ? Potential Targets: 1.09366 – 1.09552. ⚠ Invalidation: Break below 1.07811 may indicate deeper pullback.
Price is rising to a pull back resistance level. Expect a sell off around that level. A sell opportunity is envisaged once sellers become active again.
Disclaimer: All the information and analysis serve only as educational purposes and hence should not be regarded as investment advice. Here is my thought on the potential weekly price action of Arkham ($ARKM), an intel-to-earn platform on the Ethereum network which focuses on deanonymizing the blockchain and providing access to on-chain data. Overall, I am expecting the price of Arkham to fluctuate in a sideways consolidation in the range of $0.5-$1 from March 2025 to September 2025 before a potential rally to $7.5 nearing the end of 2025 (expected marketcap by then would be $3.9B). Invalidation: If a weekly candle closes below $0.4 then the above view will be invalidated and Arkham will turn into bearish.
Ethereum (ETH/USD) remains in a bearish trend, aligned with the longer-term prevailing downtrend. The price action suggests continued selling pressure, with critical resistance and support levels defining the next move. Key Technical Levels Immediate Resistance: $2,490 (previous support, now acting as resistance) Major Resistance Levels: $2,634 $2,785 Key Support Levels: $2,100 $2,016 $1,906 Bearish Scenario: Rejection at $2,490 If ETH fails to break above $2,490, it would confirm the resistance level’s strength. A bearish rejection from this zone could lead to renewed selling pressure. Downside targets include $2,100, followed by deeper support at $2,016 and $1,906 over the longer timeframe. Bullish Alternative: Breakout Confirmation A daily close above $2,490 would invalidate the immediate bearish outlook. A sustained breakout could trigger an upward move toward $2,634 as the next resistance level. A continuation of buying momentum could lead to a rally toward $2,785, reinforcing a potential shift in market sentiment. Conclusion ETH/USD remains bearish unless it can reclaim and hold $2,490 as support. A rejection from this level could extend the downtrend, while a breakout above resistance would signal a potential trend reversal. Traders should monitor price action closely around these levels for confirmation of the next move This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
A bear trap is on the border between a bear and a bull market. If it is really just a trap, then after a false breakout through support there should be a pullback and a subsequent run to the heights without any chance of buying on suitable positions. However, if it is not a bear trap, then it will only be a confirmation of the beginning of a bear market.
Tesla has been under heavy selling pressure following a disappointing quarterly sales report. Last week, the price broke below the key ascending support at $270–$280, signaling further downside risk. ? Next Support Levels to Watch: ? $250, followed by $225 At the start of 2025, we emphasized that every dip is an opportunity to accumulate—this remains true. With Trump likely backing Tesla and Elon Musk during his presidential run, long-term support for the company remains strong. ? Strategy: Utilize DCA (Dollar-Cost Averaging) to build positions unless a major event (e.g., Elon Musk stepping away) forces a reassessment.