Dollar should be aggresive today, classic monday dump , i would like to see Daily candle further movement down to my zone . Nice 3.3 Risk reward ratio trade, let's see if it plays out :) GL Traders Not advice
❤️ THIS POST AND I WILL SHARE NEXT pair ONDO token holders are entrusted with shaping the future of the Ondo DAO so that it continues to pursue its mission to democratize access to institutional-grade finance. The Ondo DAO gives ONDO holders specific rights pertaining to Flux Finance, which is currently governed by the Ondo DAO ANY THOUGHTS ON LSE:ONDO ?
Dollar strength seems to be coming more into play this current week with a bullish close above 107 for last weeks candle . This dollar strength has given us insight to look for positions in other markets for potential short trades. Take a look for more deeper insight or direct message me for more information.
Bitcoin (BTC/USD) on a 1-hour timeframe, where the target of 82,622 has been successfully completed. The price was moving within a downward channel, facing resistance at higher levels and bouncing off a support level. After hitting the target, the price has started to rebound, showing potential for further movement or a reversal toward higher levels.
? Velas (VLX) Technical Analysis & Market Outlook – March 2025 ? ? Current Market Structure & Technical Indicators ? Trend Overview: Velas has been in a prolonged descending trading channel, reaching its lowest price of 2025, making this a potential accumulation zone. ? Key Support & Resistance Levels: Support: ? $0.00399 (historical low) and $0.00526 (current price level). Resistance: ? $0.00749 (major breakout target) and $0.00900 (mid-term bullish target). ? Indicators Analysis: WMC Cipher B Divergences: Strong bullish divergence detected, suggesting upward momentum. RSI (14): Currently at 56.50, breaking above the neutral zone, indicating a reversal trend. Money Flow Index (MFI): Positive inflow, signaling increasing interest and potential accumulation. Stochastic (14,3,1): Overbought but still showing strength in the recovery phase. ? Conclusion: VLX has reached its lowest point and is forming a potential breakout from the descending channel. A break above $0.00749 will confirm a bullish trend. ? Velas Ecosystem Updates & Growth Potential ? ? Major Developments in the Velas Ecosystem ✅ 1M VLX Tokens for Staking Rewards! Just last week, in collaboration with @AccumulatedFi, 1 million VLX tokens were allocated and distributed among $stVLX stakers, further boosting incentives for long-term holders. ✅ Subchains & Advanced Smart Contract Features Two weeks ago, Velas introduced a powerful devnet update, significantly improving scalability and efficiency: Hosting Subchains: New architecture supports subchains with an updated configuration (semi-compatible with geth init). Improved Subchain Management: More efficient program instructions, leading to faster and smoother blockchain operations. Mint/Burn Token Mechanism: Subchains now support a dynamic mint/burn token system, enabling more advanced DeFi applications and scalability solutions. ✅ New Devnet Release! ? The Velas team isn't slowing down! They will release another devnet update, introducing: Internal Transaction Explorer: Users will be able to track internal blockchain transactions, enhancing transparency. Refined Documentation: Continuous improvements to the Velas Docs ensure seamless onboarding for developers. ? The Road to Velas' Glory – ALEX ALEXANDROW & THE TEAM ARE DELIVERING! ? The Velas team, led by Alex Alexandrow, is on a mission to bring Velas back to its well-deserved glory. With continuous groundbreaking updates, strategic partnerships, and enhanced scalability, Velas is proving itself as a top-tier blockchain project with unmatched potential. ? With major innovations, growing adoption, and a rebounding market, Velas is positioned for a massive breakout! ? #Velas #VLX #Crypto #Blockchain #DeFi #Web3 #Staking #Innovation #Trading #HODL ?
Chart Analysis & Summary: Stock Overview: Stock: Bhagyanagar India Ltd (NSE) Current Price: ₹71.60 Change: -₹3.47 (-4.62%) Timeframe: Weekly (1W) Technical Levels & Fibonacci Retracement: Resistance & Highs: Recent high at ₹163.30. Another key level around ₹128.89. Fibonacci Levels: 0.5 retracement at ₹81.19. 0.618 retracement at ₹70.16 (a critical support level). Current Support Zones: Strong support around ₹63.66 - ₹60.02 (highlighted in orange). Trend & Price Action: Price broke below a green trendline indicating a loss of bullish momentum. Now testing the 0.618 Fibonacci retracement (₹70.16), a key area where price might react. If this level breaks, further downside toward ₹63.66 - ₹60.02 is possible. RSI (Relative Strength Index) Analysis: Current RSI: 31.83 (near the oversold zone of 30). RSI Moving Average: 41.65. This suggests the stock is approaching oversold territory, indicating a potential bounce if buyers step in. Conclusion & Possible Scenarios: Bullish Scenario: If price holds ₹70-₹63, a rebound could occur with targets toward ₹81 - ₹100. Bearish Scenario: If support at ₹60 fails, the next major downside could be toward ₹38.13 or lower. Watch for: RSI reversal, price action near ₹70, and volume confirmation. Would you like a more detailed trading strategy based on this? Chart Analysis & Summary: Stock Overview: Stock: Prakash Industries Ltd (NSE) Current Price: ₹133.49 Change: -₹8.74 (-6.14%) Timeframe: Weekly (1W) Key Technical Levels: Major Resistance: ₹183.84 (strong resistance level). ₹239.90 (previous high). ₹329.15 (long-term bullish target). Support Levels: ₹142.29 (Fibonacci 0.5 retracement, broken). Current price is near ₹128-130 (potential support zone). Trendline Support: Further downside could test trendline near ₹100. Elliott Wave Analysis: The chart follows an Elliott Wave structure. Currently in Wave 4 correction after a strong Wave 3 rally. Wave 5 projection suggests an upside target near ₹329 if Wave 4 holds support. RSI (Relative Strength Index) Analysis: Current RSI: 37.94 (weak, but not fully oversold yet). RSI Moving Average: 43.82. RSI is in a downtrend, indicating weak momentum. Conclusion & Possible Scenarios: Bullish Scenario: If price holds ₹128-130 support, a reversal toward ₹183, ₹240, or higher could occur. Bearish Scenario: If price breaks below ₹128, it may test ₹100 or lower. Watch for: Reversal signals, RSI improvement, and break above ₹142 for bullish confirmation.
Here is a quick update. Watch out this graph. here are few points which is clearly highlighting some upcoming moves in Nifty. 1. Weekly MA 100 is on point to support. 2. as per volume traded, 22000 is strong support. 3. Yellow trend line showing weekly movement. giving hope for some recovery in upcoming days. 4. Please watch out for this high volume area. if it breaks. we fall down to 21600-21000. Please always use stop loss and trade with your knowledge.
Given the CH in the 4-hour timeframe, we can see a correction in the upper timeframe to continue the flow of bearish orders and a temporary upward move in the lower timeframe. Given the flow of bearish orders in the daily timeframe, we cannot see a significant growth and in fact this upward move in the lower timeframe is a corrective wave in the flow of bearish orders in the upper timeframe. So this week we can see a rise to the range of 0.04528 to 0.04770. So I repeat, do not forget that this upward move is temporary because there is still a downward flow of orders in the daily timeframe.
NQ is looking bullish on the short term but on the higher time frame we are a critical pullback to maybe continue going lower. I think the market is going to continue selling off but can expect a higher pullback before market heads lower. This is going to be a very volatile week
XauUsd chart Anylisis 1Hour idea ? Sell zone 2920 Sell zone 2890 Buy zone 2835