Stock Analysis 29th Dec 2024 | MANINFRA | PGEL | EPACK | ANANTRAJ
After reaching the weekly target fibo 323.6 , the market broke the structure on the weekly chart (closed below the weekly impulse base). https://www.tradingview.com/chart/BTCUSD/OqrTO1eA-BITCOIN-Start-of-the-weekly-correction/ This impulse looks nice on the H4 chart as well, and a long countertrend of this counter-impulse has been formed. This minor long trend (the countertrend of the countertrend) is breaking at the short trigger zone (red). If this happens, the correction fibo 38.2, and later even the 50 can become target in the valid countertrend. ——— Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. ??♂️ Your comments and support are appreciated! ??
https://www.tradingview.com/x/E05HByjS/ ✅NZD_JPY surged again to retest the resistance of 89.293 But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT? ✅Like and subscribe to never miss a new idea!✅
Weekly Analysis 29th Dec 2024 | Nifty | Bank Nifty | Nifty Midcap | Nifty Smallcap
According to different figures on line interest payments on debt for PZZA in 2024 will be above FWB:40M !!! Q4 could be $10M !!! $7M will be left on hand !!! Not a financial advisor/analyst but this thing is so low !!! Technically is bottoming Vs Fundamentally ( I do not know)
Chart showing ideal historic sell zones and timings from tops to bottoms with estimates for the end of this cycle. Have we already hit the top? Thoughts?
Comprehensive Analysis of NEAR Protocol (NEAR/USDT) ✨⚡ Introduction NEAR Protocol is an innovative blockchain project that has gained a prominent place in the cryptocurrency market by focusing on scalability, high efficiency, and cost reduction. Today's analysis examines the technical trend of NEAR in the weekly timeframe and identifies the best entry and exit points. ✨⚔️ 1. Technical Analysis 1.1 Key Support and Resistance Levels Support: NEAR is currently at a key support level around the 0.618 Fibonacci retracement (4.832 – 4.993 USD), making it an important entry point. ✨ If this support is lost, the price may drop to the bottom of the range box (3.099 – 3.580 USD). Resistance: The first significant resistance is the yellow zone (5.369 – 5.731 USD), which poses a barrier to further price ascent. A breakout of this resistance on the daily timeframe could confirm a step-by-step entry strategy. The primary resistance is at the red zone (7.380 – 8.430 USD), overlapping with the top of the range box. A breakout above this level could trigger a bullish wave toward Fibonacci targets. 1.2 Bullish Targets (Targets) First target: Fibonacci 1.618 (11.921 – 13.771 USD) ? Second target: Fibonacci 2.272 (20.273 – 23.379 USD) ? 1.3 Bearish Scenario If the key support levels are lost, the price could fall to the second gray support zone (1.715 – 1.940 USD). ⚠ 2. Indicators and Momentum 2.1 RSI Indicator The RSI is currently in the supportive range (45.63 – 49.42), indicating increasing momentum. If RSI enters the overbought zone (76.83 – 79.85), it could signal the start of sharp movements toward the aforementioned targets. ? 2.2 Volume Volume plays a key role in confirming resistance breakouts. If there is an increase in volume near resistance levels, the likelihood of a breakout is higher. Otherwise, the price may remain within the current range box. 3. Entry Strategy and Risk Management 3.1 Entry Strategy Step-by-step entry: Initial entry within the support zone (4.832 – 4.993 USD) Add volume if the yellow resistance (5.369 – 5.731 USD) is broken Final confirmation: Breakout of the red resistance (7.380 – 8.430 USD) and increase volume. 3.2 Risk Management Stop-loss: Place the stop-loss at the bottom of the range box (3.099 USD). Risk-to-Reward Ratio: A minimum ratio of 1:3 for the proposed entries. 4. Future Price Movement Predictions (Scenarios) Bullish Scenario A breakout above the yellow resistance and stabilization above it could push the price to the top of the range (7.380 – 8.430 USD). A move past the range top would start a bullish trend toward the Fibonacci targets (11.921 – 13.771 USD). Bearish Scenario Losing the 0.618 support and the bottom of the range will lead to a decline to the zone (1.715 – 1.940 USD). 5. Conclusion NEAR is currently at a critical level that may soon lead to significant price movements. By employing a step-by-step entry strategy and proper risk management, one can take advantage of this opportunity. Continuously monitoring trading volume and price behavior near resistance and support levels is key to success in this market. ✨ Always compare your analysis with other reliable sources and follow sound capital management principles. ?
We are Bullish since 182 level looking at 199 as our target hopefully it plays out as expected , if not bearish trend will start as soon as it breaks the trend line happy trading
ALGO is one of my favorites, looking good to buy on the next leg down!
1304 has shown a recent upward movement. Price was moving within triangle. A breakdown of triangle was observed but could not sustain. Price took an upside movement after making a double bottom (support zone). Price is retesting the breakout of triangle. Entry can be taken with low risk. Manage your risk and enjoy the ride.