I have just drawn Supports, Resistance, Mother, Father lines and added Bollinger band to Nifty chart. The indication is limited downside for now in Nifty unless the Chinese Virus is overplayed in the market by the bears and other forces. My discussion with medical fraternity and other knowledgeable people suggest that the threat of HPMV is overplayed and mortality rates might not be as high as COVID in the recent virus outbreak. This is the information I have however I advise utmost caution would wish you to verify the information with friends in the medical field in your knowhow. Currently Bollinger band is not suggesting a heavy downside. However things will be more clear by end of this week as the market plays out. Not more than 2 to 5% (max) down side is visible to me in the short term unless there is a global catastrophe of massive order. RSI has taken a turn hopefully soon it will embark towards bullishness. Supports for Nifty Remains at: 23249, 23466, 23555. Below 23249 flood gates for further downside can open. Resistances for Nifty: 23720, 23795, 23855 (Mother line or 50 Hours EMA), 23942 (Mid-Bollinger band level), 24061 (Father line or 200 Hours EMA), 24146, 24231 and finally 24326 (Bollinger band top). Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
I have not made a post on Tradingview in some time. Instead I have been covering a lot of quality trades and charts on X. I encourage you to check out @MaxFINEancial33 on X I have learnt a great deal more about trading and finding reversals. NASDAQ:FINE was launched in September 6th 2023 by the legendary CRYPTOCAP:PEPE deployer Teh Lord Kek! Pepetoshi Nakamoto aka @PEPEM2K posted a meme directly related to Teh Lord Kek. There was also a very interesting purchase Made about 1 week ago. The particular wallet that bought NASDAQ:FINE had some time locked CRYPTOCAP:PEPE released 3 days prior into the wallet, bought CRYPTOCAP:PEPE 10 days after launch. The wallet was also not active in NASDAQ:FINE for 450 days in $FINE. Now for some TA talk. You can see that the longterm downtrend was broken to the upside with a nice retest. The breakout was in the form of a pink cup and handle pattern. Cup and handles are continuation patterns known for their explosive movements to the upside. The pink handle provided a perfect retest of the longterm downtrend. Inside that handle is a blue cup currently price action appears to be nearing the end of consolidation of the handle. Price action is under the 0.78 retracement of the Fibonacci. Typical in crypto... We can also see a strong demand capitulation wick. Price action is in a strong accumulation area. Given this information provided you should want to DYOR and check out $FINE. #FINE #PEPE #Crypto
Limited Purchasing Power Despite growth across the altcoin market, including top 100 and top 500 tokens, ORDI's price remains stagnant or in decline. This suggests consistent selling pressure with limited buyer interest, hindering any sustainable upward momentum. Whale Exit Key large investors appear to have exited ORDI and show little interest in re-entering at current price levels. For whales to return, the token may need to drop to lower levels, potentially around $5-10, before renewed interest emerges. Market Sentiment Many holders are waiting for a pump, but history suggests that when sentiment becomes overly anticipatory, sell-offs often occur instead. For ORDI to see growth, a shakeout of weak hands and a shift in sentiment might be necessary. Macro Market Conditions With Bitcoin potentially facing sharp corrections and limited short-term upside beyond $100K, smaller assets like ORDI are unlikely to thrive in a bearish macro environment. This could lead to further declines or even delistings. Lack of Transparency and Development ORDI lacks visible development fundamentals such as a clear roadmap, active team communication, or an official social media presence. Even meme coins often have basic community engagement, while ORDI currently appears to lack these essentials for sustained interest and credibility. This coin I sell at every resistance zone, and every BTC resistance zone. So far a whole month making successful profits, thanks to ordi for such cool shorts moments. The market is growing - ORDI is either standing or barely growing. But when it falls - 50x leverage short helps me to make money. It's great that there are such “fundametnal coins” that help to earn money. Short always this coin, it will never grow.
Current Situation on BOME: 1) Accumulation Zone: We were in a large accumulation zone (marked in blue) – someone was loading bags before the move. 2) Breakout of the Accumulation Zone: The accumulation zone was broken, and stop losses were collected (marked with the line labeled $$$) because many traders shorting placed their stop losses there. 3) Double Top Setup: During the stop loss collection, a strong DOUBLE TOP setup was formed. Many traders seeing such a setup start shorting and place their stop losses above the DOUBLE TOP. 4) BTC Influence: Something interesting happened here: BTC started pumping upward, so BOME followed. What was the goal? Obviously, to collect liquidity – taking money from stop losses. 5) Important Detail: The price collected stop losses only with the wick and closed below the DOUBLE TOP. My guess is that after this brief breakout of the DOUBLE TOP, many traders initiated long positions – after all, it seemed we were heading "to the moon." However, I suspect this is a manipulation. Those who opened longs likely set their stop losses below the last low (the so-called Higher Low). Possible Scenario to Watch: 6) Liquidity Below HL: If the breakout in point 5 was manipulation, we should drop at least to the HL to collect the liquidity below it. 7) Change of Character (ChoCh): If we drop below the ChoCh (Change of Character) and then briefly move upward above that level to collect at least one Inducement (i.e., liquidity from local shorts – this liquidity acts as fuel), we would have a clear path for further declines. 8) Target Below Accumulation Zone: At this stage, we need to consider where the price might fall. The best spot would be below the accumulation zone, where there is a lot of $$$ to grab. Additionally, collecting liquidity from the lower side would provide another strong confirmation for future upward movement. This confirmation is called a Double Purge – wiping out both shorts (point 2) and longs. This collects all the available money. 9) FVG Zone: If we drop below the accumulation zone and collect stop losses, we will be close to the area containing the last FVG (Fair Value Gap). Closing part of this gap (or the entire gap) would serve as another confirmation that it’s time to launch the rocket. Important Note: For points 7, 8, and 9 to occur, favorable conditions on BTC will be necessary.
✅ Key Trade Levels: ? Entry Point: $2.6 ? Stop Loss: $2.1 ? Take Profit: $6 ? Analysis and Explanation: The THETA chart shows a strong Harmonic Gartley pattern, where the price rebounded after touching the 61% retracement level of the XA wave. Additionally, an inverse head and shoulders pattern has formed, and the neckline has been broken decisively. The key resistance at $2.6 is the last barrier. Once this level is broken, a strong upward movement towards the $6 target is highly likely.
You know why I am here, time to get the new year started
Amd ( NASDAQ:AMD ) is retesting massive support: https://www.tradingview.com/x/sdUFo9fB/ Click chart above to see the detailed analysis?? For more than three years, we have been seeing a quite volatile consolidation phase on Amd. Looking at recent price history though, Amd just came back to retest a massive horizontal support level and if we see bulls taking over, a rally of +100% is very possible. Levels to watch: $120, $240 Keep your long term vision, Philip (BasicTrading)
Look to go long on the Yen Futures on the current demand zone
Clean breakout and retest for SYS with a bottoming pattern indicating parabolic growth. Next major target is around 2024 highs, which is still approx 3x away from current prices Looking juicy, entering the trade Let's see
SPARKS:VIRTUAL has shown impressive growth recently, but momentum is fading. Daily RSI peaks are trending lower—not a bearish divergence, but a sign of cooling off and a likely correction. Price is nearing an untested 12H demand zone (Order Block), a strong potential area for long positions. Narrative and Market Outlook: The AI narrative remains strong, yet a short-term "Dead Cat Bounce" followed by accumulation is expected before the next impulse move. Deeper corrections could test significant support levels, potentially delaying recovery into March. Strategy Moving Forward: Focus on high-probability zones like the 12H demand area for entries. Be patient—accumulation during corrections can set the stage for future upside.