BTC experienced a significant decline yesterday. After reaching the support level of 82K, it started to rise, and the upward space exceeded expectations. Today, when it reaches the key resistance level, you can try short selling again. BTC Today’s Trading Strategy: BTC sell@88K-90K TP:85K-83K Currently, the account with an initial amount of 40K has reached 300K. In March, I will make a profit of one million, and I will share my daily trading orders. You can copy my orders for trading. Click on the link below the article to obtain the relevant information.
Technical Analysis: Gold Eyes $2,950 Resistance On the H4 chart, gold has rebounded from $2,834, with the RSI climbing above 50 and the MACD showing bullish momentum. Key resistance is at $2,950—breaking above this level could open the door to $3,000. Meanwhile, support lies at $2,880, aligning with the 50-period SMA. A drop below this level may trigger a correction toward $2,850. Market Outlook: Focus on U.S. Jobs Data Investors are watching the upcoming Non-Farm Payrolls (NFP) report. Strong job data could temper gold’s rally, while weaker figures may drive further upside. Given the geopolitical backdrop and trade tensions, gold remains well-positioned as a safe-haven asset in the near term.
EUR USD has formed a break and retest pattern on the 4 hour timeframe turning support into resistance. So we will be looking for selling opportunities from the lower timeframe'
Pairs on Watch - FX:USDJPY FX:EURUSD FX:USDCHF A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Your daily Gold trading briefing: Zones, insights, and opportunities.
Bullish Channel Breakdown Breakdown retest in progress Multiple rejection from 2930-2960 area Short trade setup Entry @ CMP Sl above 2960 Target 2740 -2750
After the recent successful analysis, which you can see the link to on the right side of this page, I am here with another new analysis. Let me be honest. Bitcoin needs to break $99,500 to continue its upward movement. Otherwise, we expect Bitcoin to soon reach its last station, the $60,000-$65,000 range. This range is, in my personal opinion, the best range for buying Bitcoin heavily and taking profits in the third and fourth quarters. On the four-hour time frame, we have two good liquidity levels that are likely to clear very soon. Overall, my view on Bitcoin is bearish in the short term and this view will not change until I see a break of $99,500. In the next few days, we have important economic data such as the NFP. This data is likely to lead to a lot of volatility in the stock and crypto markets. So please be careful. I hope you have benefited from this analysis. Please support my newly established page. Good luck, dear friends.
yeah so thats what the analysis is. Its not really a long lasting downtrend but a little sell off.
?#TRENT Spot Sell Setup Currently Trading At 5300 , Sell On Rise Till 5341 For The Target 5056—4831
SAIL Stock Technical Analysis Steel Authority of India Limited ( NSE:SAIL ) has been consolidating around the 95 resistance level for over a year. After multiple attempts, the stock finally broke out above this level in January 2024, turning it into a strong support zone. Following the breakout, SAIL surged to a peak of 175, marking an 85% gain. However, the stock then saw a sharp retracement, correcting by nearly 47% and revisiting the rising trendline support around the 100-105 range. This level, which previously acted as resistance, has now become a critical demand zone. Currently, SAIL is showing signs of renewed bullish momentum, bouncing off its trendline support and forming a potential reversal. The weekly MACD crossover, observed in the chart, further reinforces a trend reversal signal. Additionally, a short-term upside target of 12% is indicated, while a long-term potential target of 76% upside is visible in the chart, aligning with the previous swing high. The chart also highlights three take-profit targets: Target 1: The first profit-taking zone, offering an initial opportunity to secure gains. Target 2: A mid-level profit-taking zone, aligning with previous consolidation areas. Target 3: The final take-profit level around 175, marking the prior high and a potential full exit point for long-term investors. KEY OBSERVATIONS: One-year resistance of 95 was decisively broken in January 2024 Stock surged 85% to a high of 175 before correcting 47% 100-105 level now acts as a strong rising trendline support Weekly MACD crossover signals a bullish momentum shift Three take-profit targets identified, with the final target at 175 Potential upside target of 76% from support levels, aligning with previous highs RECOMMENDATION: Based on this technical analysis, holding SAIL for the long term could be a strong strategy. The potential returns include: 12% upside in the short term 76% upside from current levels, targeting previous highs around 175 This analysis presents a compelling buying opportunity in SAIL, fueled by its breakout, support validation, and momentum reversal. IMPORTANT NOTE: Investors should be aware that there is a chance the stock may retest the 100-105 support level before resuming its upward trajectory. This potential pullback should be carefully monitored, and investment strategies should be adjusted accordingly. DISCLAIMER: This analysis is for educational and informational purposes only and should not be considered as financial advice. Technical indicators and historical data are not guarantees of future performance. Investors should conduct thorough research, assess risk tolerance, and consult a financial advisor before making any investment decisions.