? H4: ShortTerm Forecast: Price rejected from Downtrend and Sell Zone. Sell Zone: 163.18 ~ 164.84 Forecast: 1- Correction wave toward the Sell Zone 2- Another Downward Impulse wave toward Lower TPs SL: Above 164.84 ? H1: Intraday Forecast: The Uptrend is broken, and the price could start an impulse wave. Sell Zone: 162.71 ~ 163.18 Forecast: 1- Correction wave toward the Sell Zone 2- Another Downward Impulse wave toward Lower TPs SL: Above 163.18
ETH is in a downtrend on the 4h however completing a large inverse head and shoulder on the daily/4day. With any sign of strength on ETH it could spike huge volume into the the altcoin market. Something many of us have been waiting for. In the meantime focus on the the break trend.
OIL Retest at as u can see in th drwaings ,BUT 88 is Near, cup and handles formin.... Waht do you think Guys?? https://www.tradingview.com/x/l1G7hAv7/
Nifty major benchmark may bounce from current levels , due expiry short covering and positive divergence , generally market takes cues from us or international markets. seeing a bounce in international markets, and lots of shorts in system and expiry approaching last week should see some of upside move before it fades.
Eos usdt Daily analysis Time frame daily Risk rewards ratio >4 ?? Eos has a good support on and this support line survived in this month and didn't let to sellers to drope the price more. I believe to this support My target is 1.46$ and LS is tight to decrease the risk. Wooow . Risk rewards ratio is more than 4 Very exciting ?
Bitcoin has been propped up for today 1.23.2025 in hopes of the POTUS Donald Trump to sign an Executive Order surrounding cryptocurrency. If we do not get an EO signed today, we will push towards resting Liquidity around $100,000. On the other hand, if we do get a crypto EO. We will blow the cap off, and create another all time high. Be ready for a volatile market.
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Publishing the MNT chart to keep track of it, as a new chain and nice initial price action. With the current backing and the price action this one has a chance to do well, in case the crypto sentiment turns bullish outside of btc.
In this post, we’ll explore a couple of options strategies for COFORGE using the data for strike price 9000 . By closely monitoring the price action and key option data, we can make informed decisions that align with market trends. Here’s how we can approach trading this stock’s options effectively: Key Option Data Breakdown Call Short Covering: Indicates that the market sentiment is bullish as traders are closing their call positions, signaling a potential upward movement. Put Writing: A strong sign of bullishness as traders are actively writing puts, expecting the price to stay above the 9000 strike. Call and Put LTP (Last Traded Price): Calls LTP: 278.8 (indicating that calls are gaining traction). Puts LTP: 100.7 (a lower LTP for puts suggests lower demand). Open Interest (OI) and Change in OI: Calls OI Change: -47,850 (indicating a reduction in call positions due to short covering). Puts OI Change: +123,975 (signifying an increase in put writing, which reinforces the bullish sentiment). Strategy 1: Buying the Call or Put Based on the First 5-Minute Candle This strategy involves observing the price movement in the initial 5 minutes after the market opens and deciding whether to buy a call or put, depending on the price action and option data. When to Buy the Call or Put: If the first 5-minute candle shows a bullish move, consider buying the call option as the market sentiment appears to be in favor of upward movement. If the first 5-minute candle shows a bearish move, consider buying the put option. However, given the overall data showing strong put writing, this could be less likely. Why It Works: The first 5 minutes are crucial for gauging market sentiment, and with the data indicating strong bullishness (due to call short covering and put writing), a call option is likely to perform well. Considerations: This strategy requires watching for clear momentum during the first 5 minutes. If the market remains indecisive, it may be better to stay on the sidelines to avoid wasting premium. Strategy 2: Breakout Strategy – Buy Calls or Puts on the Break of Highs This strategy involves waiting for a breakout of the call or put’s high price. The breakout indicates a shift in momentum, and we’ll enter the trade based on whichever direction triggers first. When to Buy the Call: Watch for the call’s high price (389.85). If the call option breaks this level, it signals that the upward momentum is gaining strength. Buy the call to capitalize on the breakout. When to Buy the Put: If the call option doesn’t break its high and the price starts to show weakness, consider buying the put once it breaks its high (360.6). However, the data suggests that the market bias is bullish, so a call breakout is more likely. Why It Works: Breakouts are powerful signals of market momentum. Since the data shows heavy put writing, the call option is more likely to break its high first. This creates an opportunity to buy calls in a bullish trend. Considerations: Always monitor the volume and the price action for confirmation of the breakout. If both calls and puts test their highs without clear direction, consider waiting for a clearer signal. Conclusion: Given the strong bullish sentiment reflected in the options data—call short covering and put writing—the most reliable strategy is Strategy 2. Watch for a call breakout above 389.85 or a put breakout above 360.6 (if the call fails to break its high). The bullish bias suggests that the call option is more likely to outperform, but a breakout in either direction can trigger the strategy. Pro-Tip: Set a stop loss just below the breakout level to manage risk effectively. The market sentiment is heavily tilted towards bullishness, so a call option breakout is the most probable outcome.
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