?? ? Asset: XRP/USDT ? Timeframe: 30-Min Chart ? Setup Type: Ascending Triangle Breakdown (Short Trade) ? Trade Plan (Short Position) ❌ Entry Zone: Below $2.5186 (Breakdown Confirmation) ❌ Stop-Loss (SL): Above $2.5592 (Invalidation Level) ? Take Profit Targets: ? TP1: $2.4351 (First Support) ? TP2: $2.3688 (Extended Bearish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $2.5592 - $2.5186 = $0.0406 per XRP ? Reward to TP1: $2.5186 - $2.4351 = $0.0835 (1:2 R/R) ? Reward to TP2: $2.5186 - $2.3688 = $0.1498 (1:3.7 R/R) ? Technical Analysis & Strategy ? Ascending Triangle Breakdown: Price rejecting resistance and forming lower highs. ? Breakdown Confirmation Needed: Close below $2.5186 with strong selling volume. ? Resistance Rejection: Price struggling at $2.5592, confirming bearish pressure. ? Momentum Shift Expected: If price breaks below $2.5186, a drop to $2.4351, then $2.3688, is likely. ? Key Support & Resistance Levels ? $2.5592 – Stop-Loss / Resistance ? $2.5186 – Breakdown Level / Short Entry ? $2.4351 – First Target / TP1 ? $2.3688 – Final Target / TP2 ? Trade Execution & Risk Management ? Volume Confirmation: Look for high selling volume below $2.5186 before entering. ? Trailing Stop Strategy: Move SL to entry ($2.5186) after TP1 ($2.4351) is hit. ? Partial Profit Booking Strategy: ✔ Take 50% profits at $2.4351, let the rest run toward $2.3688. ✔ Adjust Stop-Loss to Break-even ($2.5186) after TP1 is reached. ⚠️ Fake Breakdown Risk ❌ If price fails to hold below $2.5186 and reclaims it, exit early to avoid losses. ❌ Wait for a strong bearish candle close below $2.5186 before entering aggressively. ? Final Thoughts ✔ Bearish Setup – Breakdown from an ascending triangle suggests a trend reversal. ✔ Momentum Shift Possible – Watch for selling volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:2 to TP1, 1:3.7 to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? Hashtags for Reach & Engagement: #XRP #CryptoShort #CryptoTrading #Altcoins #SwingTrading #DayTrading #MarketAnalysis #TradingSignals #ProfittoPath ? #CryptoNews #RiskManagement #TechnicalAnalysis #TradingCommunity
Hello Traders, I am back, because Warren Buffett is making a Huge Mistake! If he was looking at my chart analysis, he would not making this mistakes. I am sure he is the top fundamental analysis, but I am also sure, he does not know about technical analysis. If he had known about technical analysis, he would not have allowed Berkshire Hathaway to buy 763,000 shares of OXY for an average price of $46.82, in February 2025. In late December, Berkshire purchased 8.9 million Occidental shares during a broad market pullback. Occidental remains Berkshire’s sixth-largest equity holding. Warren Buffett is undoubtedly a master of fundamental analysis, but his recent decision to buy more Occidental Petroleum (OXY) after a 30% sell-off from its record high suggests he may be missing the bigger picture when it comes to technical analysis. While Buffett has always emphasized intrinsic value and long-term potential over short-term price movements, ignoring technical indicators can be costly—especially in the case of a highly cyclical stock like Occidental. The steep decline in OXY's price is not just a random fluctuation; it reflects broader market sentiment, momentum shifts, and key support levels that Buffett appears to be disregarding. One of the major issues with Buffett’s approach is that he tends to view price declines purely as opportunities to buy undervalued stocks without considering whether the stock is in a downtrend with further room to fall. Occidental’s 30% drop from its peak could indicate the start of a deeper correction or even a long-term shift in investor sentiment toward oil stocks. Technical analysts would look at moving averages, relative strength index (RSI), and volume trends to determine whether the stock is showing signs of bottoming or if further downside is likely. Buffett, however, does not appear to incorporate these tools, potentially exposing Berkshire Hathaway to further losses. Another critical aspect of technical analysis that Buffett seems to overlook is support and resistance levels. If Occidental broke the current level of support of $45, it could suggest that institutional investors are exiting the stock, meaning that further declines are possible before a true bottom is found. Rather than blindly averaging down, a trader versed in charts would wait for confirmation of a reversal, such as a double bottom or a bullish divergence in momentum indicators. Buffett’s reliance solely on fundamentals ignores these crucial signals, making his timing questionable at best. Additionally, market psychology plays a significant role in stock movements, and Occidental’s sharp sell-off could be signaling broader concerns about the energy sector. Even if the company’s fundamentals remain strong, investor sentiment can drive the stock much lower before any recovery takes place. Buffett’s historical strategy of buying quality stocks and holding them for decades works well in certain cases, but oil stocks are notoriously volatile and highly correlated with macroeconomic factors like interest rates, geopolitical events, and commodity cycles. By ignoring these elements, Buffett may be underestimating the risk of catching a falling knife. Ultimately, while Buffett’s deep understanding of business fundamentals is undeniable, his reluctance to embrace technical analysis could lead to costly missteps—especially in a stock like Occidental, which is heavily influenced by momentum, sentiment, and cyclical trends. His recent purchases may look brilliant years down the line if OXY eventually recovers, but in the short to medium term, he may have simply stepped into a stock that still has further to fall. By incorporating chart analysis, Buffett could refine his timing and avoid unnecessary drawdowns, but his firm stance against technical indicators may mean he continues missing key signals in volatile stocks like Occidental. Follow me and let's show who is the BOSS. Sell OXY NOW WARREN BUFFETT, if you can hear me. For my followers stay out if you do not understand, this is a crazy world. Not allowed for Kids. ECT
? Trading Opportunity: Reliance Industries Ltd. (NSE: RELIANCE) - ⏱️ Timeframe: 1 Day (1D) ? Current Price: ₹1,175.60 ? Swing Target Zone: ₹1,374 - ₹1,565 ? ?️ Support Level: ₹1,182.10 ? Stop Loss: ₹1,159.00 (Day Close Below) ? ? Wave Analysis: ? The chart indicates a completed corrective wave (primary) 5 on the daily chart. This suggests a potential end to the downtrend and the start of an upward move. ? We observe a corrective wave (A), followed by a potential reversal at (B), and a completed intermediate correction wave 5. ? The breakout at point (2) signals the start of wave (C), aiming for the swing target zone of ₹1,374-₹1,565. ? ? Current support near ₹1,182.10. ⚠️ Daily close below ₹1,159.00 invalidates the wave count and the setup. ❌ ? Strategy: ✅ Entry: Enter near current market prices (around ₹1,175.60). ? ? Risk Management: Set stop loss at ₹1,159.00 (daily close) to limit downside. ? ? Exit: Aim for profits within the swing target zone of ₹1,374-₹1,565, aligning with the wave (C) target. ? #Trading ? #StockMarket ? #RELIANCE ? #TechnicalAnalysis ? #Investing ? #ElliottWave ⚠️ Disclaimer: I am not a financial adviser; please consult one. Don't share information that can identify you. ⚠️
Need one more jump down to pack jet packs for 2400 lol, Lets follow if news does or not, Its all news which is doing all this tricky things!
Gap up opening expected in nifty above the 22400 level. After opening if it's sustain above this level and gives breakout of 22500 then expected further upside rally upto 22750 level in today's session. In case nifty starts trading below 22400 level then possible downside in index upto 22150 level in opening session.
I just went long on grass. Even did a quick scan of the project and seems pretty cool. Its in the Ai narrative and combines defi. Allows people to farm grass or mine grass token in exchange for their computing power. Price action wise though I notice its been trending strongly up and was monitoring it for a little while. I think if it manages to close back above $2.50 area then its gonna take off tonight. The targets I have on my chart are potential take profit points but I'll do my best to shoot for the stars at $4.00 It depends on the price action though and my job is to follow my plan...buy yeah..If you follow me me this is one of them trade to take a risk on....manage it though but this one is very good. I follow a method called DTT that I developed. It stands for direction, Target and Timing and this setup follows DTT pretty much exactly. I also Teach DTT, if interested send me a dm or check out my X page.
SOLANA have such power i told you, 240 to be seen very very very soon! But understand your stances how can you pplay, bearish flag would pull down but not likely the full can be given up to 173 to top!
Today will be gap up opening expected in banknifty. Expected opening above 48550 level. After opening if banknifty sustain above this level then possible upside rally upto 48950. This level will act as a strong resistance for today's session. Any major downside rally expected below 48450 level. This downside rally can goes upto 48050 and can extend further in case breakdown of 48000 level.
CRYPTOCAP:BTC dominance reached a 10-day high as the crypto market moves toward the Whitehouse summit, where speculation for a Bitcoin Reserve is very high and reflected in the BTC price. BTC jumped $10,000 in the last 3 days and hit $92,000 during today's trading session. Summit tomorrow, with BTC short-term resistance at $94k-$95k. ?FOLLOW FOR QUALITY CONTENT AND AVOID THE NOISE?
DELL is trying to paint a bottom after marketwide dip. Nice bounce on strong zone and broke this Major fib. Now retest the fib at $96.32 that bulls must hold now. =============================================== .