Looking at the 4 hours long wick, we may likely be witnessing potential price reversal for uptrend.
With the long will, Price may have reached the end of the bearish trend
Dont just follow my analysis just like that...Do your own too....Trade with your own risk.
NIFTY @ 24131 Supports: 23873/23255 Resistances: 24355/24555 Nifty reversed from my ultimate target level on the downside 23277. As long as Nifty holds the support of 23255 and a break of 24555, we can see 24800-25200 first. Further Targets: 24800-24950-24200 (25577 ultimate target 1)-25800-26055 26400 26730-26888-27134 27800-27989-28500 30500 25800 (ultimate target 2)
A long wait of accumulation but finally ZK is there. First break through the 0.618 and then we reach the 0.786 by itself, then small pullback and on to the 0.30C
Using the halving cycle as zones of when to buy sell and do nothing, I have included two indicators for confluence fisher transformation and BBWP it won't give the perfect entry and exit but a guide. My price projection is just a guess using Fibonacci extension
Last week wasn't a bad analysis as I look at it, from here probably rise to 0.50 and then small pullback and then on to $1. You can watch my previous post thank you!
ETH just closed the month and is poised to close the week above the May 2021 high week close (HWC) 3584.21. A level that has provided a decent pivot in price and held the March 22 highs. We're looking to see if this level will continue to hold support now post breakout to challenge the yearly highs for a breakout of the yearly opening range. Next level higher (should price hold this level) is the record high week close 4615.46 backed by the record high 4943.73.
Doge above 0.5 incoming soon. With Elon soon to start the dogecast and more of the word doge becoming a common term to public, this can be very bullish for Dogecoin. 1$ Doge can be a reality as soon as March 2025 with D.O.G.E in action.
NEW Stock Analysis Trade Plan: SCI Entry: 50% of the total quantity at 243 DTF Close, with an additional 50% added at 274 DTF Close Price. Stop Loss: 203 Target 1: 345 Target 2: NA Hold for a period of 11 months to 1 year or until the target 1 is reached. Chart Pattern: The stock experienced a Pullback period of 5Months after touching an all-time high (ATH) of 383 . Technical Indicators: The stock’s daily timeframe (DTF) shows that the price is currently trading above the 50-day exponential moving average (EMA) and the 20-day EMA below the 50EMA. The EMAs are in Transitional sequence of alignment. The Stock is at good price point where the 50EMA and 200EMA are very close and the 20EMA has curved upwards.A potential bullish trend in formation on the DTF/WTF timeframe. Volume Analysis: There has been a surge up of volumes on the buy side for a Month now. Take entry as recommended in Trade Plan. Prioritize Watch List: Keep this stock in your watch list for further analysis and potential trading opportunities. Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Review your Portfolio periodically. Exit positions when the price closes 7-8% below your entry point or Earlier basis your Risk profile. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions. Technical Analysis Concepts: Multiple Time Frame Analysis (MTFA): Daily Time Frame (DTF): Used for short-term analysis and identifying trends. Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation. Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis. All-Time High (ATH): The highest price reached on a specific chart. Lifetime High (LTH): The highest price reached over the entire chart’s history. Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses. Swing Trade: A trading strategy that involves holding positions for a significant period, typically few weeks to months. Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly. CHART PATTERNS Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend. Breakout (BO): A price move closure above a resistance or below a support level. Flag & Pole BO: (F&P BO) Bullish Continuation Pattern Consolidation : Price Typically Swings between a Range for a period of Time Long or Short basis the MTFA. Breaking out of this range UPWARDS is an opportunity to BUY and DOWNWARDS is SELL opportunity. Moving Averages: Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data. Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks. Fibonacci Retracement/Extension: Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during re-tracements. Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions.