Starting from today! MastaCrypta would analyse gold and oil as well! pretty obvious for new comers how my lines work!
#JNJ price maybe on the go soon to break a 3 year old triangle pattern.
As we can see, the price is currently controlled by buyers after a reversal on the Demand level. price also broke through our Previous low(Morubozu candlestick) this indicates a strong bullish momentum meaning there's also a High chance that the market will breakout above our Solid High and that would indicate that buyers are still pushing the price higher. As a day trader, It would be advisable to enter after the break above on the Solid high to confirm buyers, and our TP's should be on the Supply level as that's where the Market might reverse
My live trades with MNQ today -- fair share of wins and losses. Ended the day Up. This is only the AM session. PM Session is on my phone, will be shared on other platforms-- not here. I was utilizing IFVG and bearish FVGs for that final bearish trade. We could've taken profit at the lows when they were taken and IDEALLY that is what we should have done instead of letting it hit our SL.
Gap up opening expected in nifty near the 22950 level. After opening it will face resistance at this level and chances of reversal in index. If reversal occurs at this level then expected downside movement upto 22700- in today's session. Any bullish rally now only expected if nifty starts trading and sustain above 23050 level.
Right now market is on 2739 it maybe down further then start pump again we can buy it from 2732-2728 Bull ups to 2752-2756 and 2771 Target is 2771 after break it may make new ATH Half of the trades will be booked at 2752-2756 for save side Lets Get this snipershot BEST OF LUCK AND USE PROPER MONEY MANAGMENR
Hello Traders, Here’s our updated analysis for the 4H GOLD chart. Last week’s projections played out perfectly, with EMA5 crossing and holding above key levels, successfully reaching our targets TP1, TP2, and TP3 (marked with orange circles on the chart). Target Levels for the Coming Week: This week, GOLD reversed from the resistance level at 2785.94. Currently, EMA5 and price are fluctuating between two weighted levels, with a gap above at 2785 and a gap below at 2733. We’ll need EMA5 to cross and hold above or below the ENTRY LEVEL at 2733 to determine the next range. Key Updates: Resistance Level: 2785.94 Bullish Targets: TP1: 2785 TP2: 2810 TP3: 2833 If EMA5 crosses and locks above 2758, the next bullish target is TP1 (2785). If EMA5 crosses and locks above TP1 (2785), the path to TP2 (2810) will open. If EMA5 crosses and locks above TP2 (2810), the path to TP3 (2833) will open. Bearish Targets: Key Level: 2733 If EMA5 crosses and locks below 2733, it will open the path to 2706. If EMA5 crosses and locks below 2706, the path to 2680 will open. If EMA5 crosses and locks below 2680, the path to 2653 will open. Additional Ranges: Retracement Range: 2706 - 2680 Swing Range: 2664 - 2634 We will continue to monitor these levels and provide updates based on how EMA5 interacts with the weighted zones. The QUANTUM Trading Mastery
Observations: 1. **Bitcoin Dominance (BTC.D): - BTC dominance is trending upwards, indicating a shift of capital back into Bitcoin relative to altcoins. This suggests a "flight to safety" scenario where investors favor Bitcoin over riskier altcoins. - BTC dominance appears to be testing resistance levels near 59-60%. 2. USDT Market Cap: - USDT's market cap is steadily rising (green line), showing an increasing supply of stablecoins. This could indicate that investors are moving into stablecoins, potentially as a preparation to re-enter the crypto market or hedge against volatility. 3. Altcoins Excluding Top 10: - The dominance of smaller altcoins (blue line) has been in a declining trend. This aligns with the increasing BTC dominance, suggesting weaker investor confidence in smaller altcoins. 4. Bitcoin Price (orange line): - Bitcoin’s price is climbing alongside its dominance, a bullish signal. This suggests strong investor interest and potential accumulation at these levels. 5. Market Sentiment: - The convergence of rising BTC dominance, a stable USDT supply increase, and a declining smaller altcoin trend typically signals market participants reallocating capital from speculative assets to Bitcoin. 6. Moving Averages: - BTC.D seems to be moving above significant moving averages, which often serve as dynamic support/resistance levels. This adds strength to the bullish case for Bitcoin. ### Potential Outlook: 1. **For Bitcoin: - If Bitcoin dominance continues to rise and its price maintains upward momentum, it may lead to a significant rally. The combination of increasing price and dominance suggests that Bitcoin could outperform the broader market in the near term. 2. For Altcoins: - Smaller altcoins are likely to face additional pressure, as funds flow out of them and into Bitcoin or stablecoins. Larger-cap altcoins (those in the top 10) might be less affected but could still underperform relative to Bitcoin. 3. Market Transition Phase: - The increasing USDT supply suggests that liquidity is building on the sidelines, which could flow into the market soon. If Bitcoin breaks key resistance levels, it might act as a catalyst for renewed interest in the crypto space. 4. Potential Risks: - A sharp decline in Bitcoin dominance or a stagnation of price near resistance levels could result in a reversal, with capital flowing back into altcoins or out of the market entirely. ### Key Levels to Watch ### - **BTC Dominance Resistance:** 59-60%. A breakout above this could signal a Bitcoin-led bull market. - **Bitcoin Price Resistance:** Monitor the $35,000-$37,000 range as a critical level. - **USDT Market Cap Growth:** Continued growth could precede major market moves. In summary, the chart indicates that Bitcoin is likely to remain the leader in the near term, with increasing dominance and price signaling a bullish trend. However, smaller altcoins could struggle in this environment. Stablecoin movements should be closely watched for signs of liquidity deployment into the market.
Close to 2009 low, looking for a reason to buy on the lower timeframes at support Indicators are oversold as well on the monthly chart
the pair is overbought, and my view remains unchanged. i feel we will see 1.7817 short-term or slightly deeper correction. Strategy SELL @ 1.7905-1.7940 and take profit near 1.7837 for now. Maintain acceptable leverage is the game for any position as a note.