Intraday Levels for 30th January 2025 ? Resistance Levels (Upside Targets) 23,200 – Immediate resistance (today’s high zone) 23,280 – 23,300 – Strong resistance (breakout level) 23,400 – 23,500 – Major resistance; breakout can lead to bullish rally ? Support Levels (Downside Protection) 23,050 – Minor support (VWAP-based support) 22,970 – Strong intraday support 22,850 – 22,800 – Major support; breaking this could trigger further downside
BTC is retesting the breakout point near the descending trendline (around $98,000-$100,000). If buyers step in, this retest could act as a launchpad for a potential bounce. The green zone ($92,000-$96,000) remains a crucial area of demand, offering strong support in case of a deeper retracement. The 50-day SMA (red line) is moving upwards, currently around $98,000. It acts as a dynamic support level. BTC is slightly above the 21-day SMA (black line), which suggests short-term support. Despite the pullback, the overall structure suggests a bullish continuation. The orange projection shows a potential consolidation followed by a move towards higher targets near $112,000-$116,000.
Altseason is upon us, and now is the time to start dollar-cost averaging into your favorite crypto gems. One of our picks for this altseason is Myria - best characterized as a Gaming Platform and Layer 2 project. ? Why? Our altcoin picks are based on the following criteria: High growth potential : Projects with room for exponential gains. Undervalued : Market cap still flying under the radar. Limited CEX listings (for now) : Undiscovered gems poised for exposure. Community-driven momentum : A strong, dedicated community pushing adoption. High risk, high reward : A speculative but calculated play. Partnerships and roadmap promises : Indicators of future expansion and relevance. Potential for major exchange listings : A game-changer that could drive price action. Circulating Supply Ratio : A circulating supply close to 100%, indicating robust tokenomics and minimizing dilution risk. ? Prerequisites for Thrill and Euphoria For low-cap altcoins to thrive, specific market conditions need to align. Here's what we're assuming: Bitcoin follows the 4-year cycle: Maintaining historical trends of market phases. We remain in a crypto bull market: A rising tide lifts all boats. Altseason begins: A period of intense growth and volatility for altcoins. Retail money floods in: Increasing mainstream interest and participation. Global markets are "healthy-ish": No major economic black swans. Monetary policy shifts to QE (quantitative easing): A return to liquidity-friendly environments. ? What is your top picks for this altseason? This is not financial advice. Always do your own research before investing.
? Crude Oil FX:USOIL Update – Jan 29 Lol, the market somehow found its way to our buy-zone! ? ? The big question now— do we take the trade or wait? ? Ignoring the fundamental report this time, focusing purely on technicals. ? If price dips lower, even better—we’ll get a stronger buy entry. If not, we wait for a clear bullish breakout before making a move. Keeping a close watch—stay tuned! ??
Hey Traders so today I starting a new series for beginners about how to trade trends using techincal analysis. Enjoy! Clifford
**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
Trend Analysis: Uptrend: From August to October 2024, the stock was in a clear uptrend, moving from around 2400 INR to a peak near 3400 INR. This is indicated by the series of higher highs and higher lows. Downtrend: Post-October 2024, the stock entered a downtrend, dropping significantly until around mid-December 2024, where it found some support. This is shown by the downward slope of the price action and the breaking of support levels. Moving Averages: The chart includes several moving averages: The green line (likely a longer-term moving average like the 200-day) shows a gentle upward slope, suggesting a long-term bullish trend despite the recent downturn. The red line (possibly a 50-day moving average) and the black line (potentially a 20-day moving average) are also present. The price has crossed below these shorter-term moving averages, indicating bearish momentum in the short term. Support and Resistance: Support: Around 2800 INR, there's a notable support level where the price has bounced back multiple times since late December 2024. This is marked by the horizontal green line. Resistance: The previous high near 3400 -3413 INR acts as a resistance level, which the stock failed to break through after the initial peak in October. Volume Analysis: Volume isn't shown in the chart, but typically, volume analysis would help confirm trends. High volume on downtrends could indicate strong selling pressure, while low volume on uptrends might suggest weak buying interest. Gann Fan: The chart uses a Gann Fan, which is a technical analysis tool based on the principles of W.D. Gann. The fan lines help to identify potential support and resistance levels based on geometric angles. The price has been interacting with these lines, particularly finding support at the 1x1 angle (green line) around January 2025. Recent Activity : As of late January 2025, the stock seems to be testing the support level again around 2800 INR. There's a small green candle indicating a slight recovery or at least a pause in the downtrend. Indicators and Patterns: The chart shows potential for a double bottom pattern around the 2800 level, which could be a bullish reversal pattern if confirmed by subsequent price action. The presence of the blue circle might indicate a point of interest or a potential reversal signal based on the user's analysis. Conclusion: The stock has experienced a significant correction after a strong uptrend. It's currently testing a critical support level around 2800 INR. If this support holds, there could be a potential reversal or at least a consolidation phase. If it breaks below this level, further downside might be expected, targeting the next support around 2600 INR. Investors should watch for confirmation of support or a break below it, along with volume changes and any news or events related to Colgate Palmolive India that could influence stock movement. Remember, while technical analysis provides insights, fundamental analysis and external market conditions should also be considered for a comprehensive investment decision. If you need further analysis or real-time data, please let me know if you'd like me to search for additional information.
The RWA space is set to explode, and NASDAQ:OM is leading the way. With global adoption increasing, 2025 will be a record-breaking year. We are witnessing the birth of a multi-trillion-dollar industry. Projects like NASDAQ:OM will be at the center of this financial transformation. Those who accumulate now will be in prime position for massive gains. Buckle up—this is just the beginning of an incredible ride.
**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
Opportunities like this don’t come around often—take advantage now. Many are still sleeping on NASDAQ:OM , but that won’t last much longer. Fundamentals, utility, and market timing are all in NASDAQ:OM ’s favor. When history is written, NASDAQ:OM will be one of the biggest winners. Those who see the vision early will reap the greatest rewards. This cycle belongs to RWA, and NASDAQ:OM is the chosen one.