Tata steel looking good for upside & trading in very crucial zone it can revers from this level .in weekly time frame
Technically: GBPAUD break trendline. GBPAUD break Accumulation Box. GBPAUD printing bullish divergence. BXY is bullish.
Tata Motors is trading in importent level & it can reverse the marked zone in weekly time frame
Big 2 legs done...expecting a chop fest at best...big correction most likely...thinking big wick through swing low at 66k is next big move followed by a large bounce....
1. Key Patterns, Indicators & Elements Visible Chart Patterns: There is a clear symmetrical‐triangle formation near the recent highs, outlined by a descending trendline (green dashed) from roughly $295 down and an ascending trendline (white dashed) from the mid‐$190s region upward. Fibonacci Levels: Notably displayed are the 0.5 (≈$232), 0.618 (≈$217), 0.786 (≈$196), and 1.0 (≈$169) retracements, plus a 0.236 Fib (≈$265–$267) acting as overhead resistance. ADX (+DI / −DI): The ADX is around 27, indicating a moderate trend strength; +DI is slightly above −DI, hinting at a mild bullish bias but not strongly decisive. RSI: Hovering near 50, which suggests neutral momentum with neither strong overbought nor oversold conditions. 2. Current State of the Chart Price is coiling within a symmetrical triangle just below a horizontal resistance band around $265–$267. The market’s short‐term trend strength (ADX ~27) is moderate, and the RSI near 50 confirms a state of consolidation. Volume has tapered off somewhat compared to the prior strong rally, consistent with a tightening price range. 3. Probabilities for Upward vs. Downward Movement Upward Breakout Probability: ~60% Downward Breakout Probability: ~40% These percentages reflect the ongoing bullish bias (+DI > −DI) and the fact that symmetrical triangles often continue the preceding trend (which, judging purely from this chart, was upward). However, the neutrality of the RSI and only modest ADX strength temper the bullish edge. 4. Suggested Potential Entry Points Long Entries Above $265–$267 Breakout: A confirmed close above the triangle’s upper boundary (around the 0.236 Fib) would likely indicate bullish continuation. Look for increased volume on the breakout to validate momentum. Pullback to ~$232: If price dips to the 0.5 Fib level and holds (i.e., forms a clear bounce), that would offer a lower‐risk entry aligned with the broader uptrend line. Short Entries Failure at $265–$267: If price fails to break (or quickly rejects) that overhead resistance, a short position targeting lower Fib supports could be warranted. Break Beneath Ascending Support: A decisive move below the triangle’s rising trendline—particularly under the $248–$250 zone with strong volume—would suggest the uptrend is faltering, offering a short setup with a stop above the broken support.
Let’s be honest: altcoins haven’t been performing as well as many would like. As I’ve started pointing this out through posts and videos, I’ve received a fair share of criticism. Whenever I mention the possibility of a market decline, I’m met with hate, while others who claim the market is heading to the moon are celebrated. What’s baffling is that no one seems to ask, “Hey, you’ve been saying ‘altcoin season’ is coming for a year, yet we’re still stuck around the same prices. What’s going on?” This got me thinking: Could this be a form of Stockholm Syndrome in trading? ________________________________________ What is Stockholm Syndrome in Trading? Stockholm Syndrome is a psychological phenomenon where hostages develop positive feelings towards their captors. In trading, it’s a bit like this: traders grow emotionally attached to a losing market, even when all signs point to the fact that things aren’t going well. Instead of cutting losses and accepting reality, they keep holding on, hoping things will change – just like a hostage hoping for their captor's kindness. In trading, this manifests as traders continuing to support a market (like coins or certain stocks) that isn’t performing, even when the evidence suggests it’s time to move on. They become attached to the idea that a specific asset will turn around and deliver massive profits – even when the price action doesn’t back that up. ________________________________________ The Comfort of Familiarity Many traders are caught in the cycle of constant hope and “what ifs.” It’s much easier to stay attached to the narrative that specific coins will eventually “take off” than to admit that their portfolios might be stuck sideways or even bear market. It's also easy to get drawn into the excitement of “moonshots” and grand promises of big returns. The altcoin season, the bull run, the new innovations – these ideas are comforting, even when the market isn’t cooperating. But here’s the catch: sticking with a market that’s not performing well out of loyalty is dangerous. It stops you from adapting, from making the necessary moves to protect your capital, and from taking advantage of more promising opportunities elsewhere. ________________________________________ The Reality of the Market Altcoins have been on a rollercoaster. The hope for altcoin season has been building up for over a year now, yet many traders are still facing stagnant or even declining prices. When faced with this reality, we often see two types of responses: 1. The Blind Optimist: Some traders will continue to hold and buy into altcoins, even when it’s clear the market isn’t moving in their favor. They believe that the next big move is just around the corner, and they refuse to let go of the dream. 2. The Critic: Others, like me, will point out the slow or negative price action, urging caution and suggesting that a pullback or continued consolidation is more likely. But when we do, we’re met with anger, disbelief, or even accusations of “fear-mongering.” It’s frustrating to see those who remain hopeful get so emotionally attached to a failing asset, while others who try to see things more clearly get met with hostility. ________________________________________ The Dangers of Stockholm Syndrome in Trading When traders fall into this “Stockholm Syndrome,” they stop questioning their strategies and beliefs. They become too emotionally involved with a market that isn’t giving them the results they want. This prevents them from making the tough decisions they need to make to protect their portfolios – whether that’s cutting losses or re-allocating capital to more promising assets. It’s also a trap that keeps you stuck in an echo chamber of hope and denial, rather than facing the market with logic and clear-headed analysis. The longer you stay loyal to an asset that’s underperforming, the more you risk watching your portfolio sink further. ________________________________________ Breaking Free: A Rational Approach to Trading The key to successful trading is learning to let go of emotional attachment. Don’t hold onto an asset simply because you’ve been told it will perform or because you’ve invested a lot of time and money into it. Here are a few ways to break free from the Stockholm Syndrome in trading: 1. Focus on the facts: Look at the actual price action and market conditions, not the narrative you’ve built around it. If the market isn’t moving, don’t force a belief that it will soon. 2. Admit when it’s time to move on: It’s not about being right or wrong – it’s about protecting your capital. If an asset isn’t performing, consider cutting your losses and finding new opportunities that align with your trading strategy. 3. Stay flexible: The market is dynamic, and you need to be able to adjust your strategy based on current conditions. Don’t get stuck in a “one-size-fits-all” approach. 4. Let go of the need to be loyal: Trading isn’t about loyalty; it’s about profits and risk management. Sometimes, moving on is the best decision for your financial health. ________________________________________ Conclusion If you’ve been stuck in the cycle of hoping that altcoins will suddenly surge, or waiting for the long-awaited altcoin season, it might be time to reconsider your approach. It’s important to recognize when you’re emotionally attached to a market that isn’t performing, and break free from that attachment. By focusing on logical analysis, cutting losses when necessary, and staying flexible in your approach, you can avoid the dangers of Stockholm Syndrome in trading and move towards more profitable opportunities. Remember: Trading isn’t about loyalty to a coin or a narrative – it’s about making smart, objective decisions that will help you grow your capital.
Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge, hoping to sell senior debt at between 90 and 95 cents on the dollar, reports the WSJ.  As notes the outlet, […] © 2024 TechCrunch. All rights reserved. For personal use only.
Jeder von uns wird es schon mal wahrgenommen haben – sobald es dunkel wird, blinkt oder leuchtet auf hohen Gebäuden ein rotes Licht. Was es damit auf sich hat, erklären wir in unserem Artikel!
$TRUMP coin has been testing the 1-hour VWMA but continues to drift downward. For bulls to regain control, the price must break above $37.6 and overcome the current bearish momentum tied to the 1-hour VWMA.
AMB ~ 4D Analysis #AMB Time frime 4D continues to maintain this support block. This is the right time to start buying back with a minimum target of 20%+