NIFTY 22200 PE 6TH MAR EXP NIFTY OPTIONS BUYING TRADE TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS Hi Traders, The Nifty index looks weak and facing selling pressure, presenting a potential sell-on-rise opportunity. We recommend exploring the 23200 Put Option (expiring on 6th Mar) within the price range of ₹95 - 100. Target levels: ₹135 and ₹170. Stop Loss (SL): ₹78 Regards, OptionsDaddy Research Team
I believe ?Gold has the potential for further downside. On the intraday chart, the market has been consolidating within a broad horizontal range for some time. A break below the support level signals strong bearish momentum, and the price is now retesting the previously broken support. I expect a potential decline toward the 2840 support level.
On the weekly Bitcoin chart, we can see a cup and handle pattern, a classic bullish formation: Cup and Handle Formation: The price formed a rounded bottom (the cup) followed by a smaller consolidation dip (the handle). This pattern is a sign of long-term accumulation and typically signals a continuation of the uptrend after a breakout. Breakout: Bitcoin broke out of the handle’s resistance, confirming the bullish pattern. The breakout suggests strong buying pressure, pushing the price toward a new peak. Retest Zone: After the breakout, the price is testing the previous resistance (now support). A successful retest could confirm the breakout, setting the stage for another rally. Bitcoin Peak Target: The green arrow suggests a potential price peak if the retest holds and the trend continues upward. Peaks often align with historical halving cycles and market sentiment, so the upward channel could act as a guide for price discovery. Key Levels: Support: The lower yellow trendline. Resistance: The upper yellow trendline. A bounce from support would strengthen the bullish case, while a breakdown could signal a deeper correction.
XAU/USD 1H CHART Reason: 1 - 4H OB respected 2 - 1H OTE 3 - BB+ 4 - FVG
As mentioned on my prev charts given below!! LOOK and wait for the $19!!!!
Dear traders! During the Asian session on Monday, gold is attracting some buyers, aiming for the $2,900 level. Geopolitical uncertainty surrounding the Russia-Ukraine conflict continues to support the precious metal while putting pressure on the US dollar, further aiding gold’s short-term recovery. However, from a technical perspective, gold remains below the EMA 34 and EMA 89, indicating that the bearish trend is still in control. The key resistance zone at $2,892 - $2,895 could be a crucial area where sellers re-enter the market. If gold fails to break above this level, we may see a renewed downward move, reinforcing the dominance of the bears.
Hey traders and investors! The closing of the weekly candle increases the likelihood of updating the all-time high (ATH). Weekly Timeframe Analysis On the weekly chart, the price has formed a range with boundaries: Lower boundary: 89,256 Upper boundary: 109,588 The weekly candle with a large selling wick within the seller's vector 5-6 dropped below the lower boundary of the range (89,256) but closed above this level. At the same time, this candle had the highest volume in 2025 (!). The key volume of this candle is concentrated below 89,256 (!) in the 87,000-84,000 range (highlighted by a blue band on the chart). Another important fact is that the 87,000-84,000 range is within the key candle of the penultimate buyer's impulse on the weekly timeframe (!). This candle had an even larger volume (KC on the chart), which increases the significance of this zone. The price has reached the level of 50% (78676) of the last impulse on the monthly TF (!). 4 key signals (!) indicate a higher probability of updating the ATH: the candle closing above 89,256, the concentration of volume in the 87,000-84,000 range, and the presence of even greater volume in the key candle of the previous impulse. Within the range, the current buyer's vector is 6-7, with potential targets at 99,550, 102,500, and 109,588. To refine entry points, let's analyze the hourly timeframe. Hourly Timeframe Analysis https://www.tradingview.com/x/hOKvCYhm/ The hourly chart shows a strong buyer impulse. The key candle (KC on the chart) is highlighted on the chart. The priority zone for identifying buy patterns is within the key candle range or near 50% of the buyer's impulse, as this level often serves as a support point after a strong movement. It represents a balance between buyers and sellers, where major market participants may show interest in continuing the trend, which corresponds to the 91,200 – 85,100 range (marked with a rectangle on the chart). I wish you profitable trades!
DigiByte's bull-market can develop in a period of 8 months. DGBUSDT can produce 3 months of growing prices followed by a 2 months long correction, after the correction bottom ends as a higher low we get 3 additional months of bullish action and this produces the final peak in late 2025. This is a rough estimate. Coming from this perspective, we can expect the initial wave to take some time to develop. Something like bullish consolidation. We would see slow and steady growth for 1-2 months and then a major burst forward. This is how the market normally tends to behave. Right now we are seeing a small bullish breakout from a falling wedge pattern but it is easy to notice that the trading volume is low. This is a start but it can take a while for bullish momentum to grow. If you would like to see the 2025 ATH targets and projections, just visit my profile and search for DGBUSDT using the search filter, this will give you several publications with long-term targets. Thanks a lot for your continued support. DGBUSDT is now trading within a long-term higher low. Higher lows since July 2024. Expect strong action to be present by May. There will be lots of growth, lots of fun and tons of profits. Thank you for reading. Namaste.
ADA Perfect Bullish Flag pattern setup to $2. Fundamentals and chart working nicely together to confirm a bullish flag pattern on ADA. Lots of opportunities to day/swing trade this move to $2.
Gold technical analysis: From the current market perspective, even if gold prices are likely to decline in the short term, we must be wary of weak non-farm payroll data this week or slowing wage growth, which may reignite market expectations for the Federal Reserve to accelerate interest rate cuts and promote a rebound in gold prices. The short-term resistance target can be moved up to the range of US$2868-2888. If it breaks through US$2900, it is expected to restart the bullish trend. If the negative non-agricultural data will strengthen the Federal Reserve's stance of maintaining high interest rates, gold may be further pressured to test the support of $2,800. After the technical level breaks, short momentum may accelerate and the short-term downside risks will intensify. From a technical perspective, at the weekly level, the weekly line closed with a large negative line with upper and lower shadows, breaking the 10 consecutive positive lines, completely engulfing the consecutive positive lines of the previous two weeks, which reflects the strength of the bears. Driven by this, it pierces the short-term 5-week moving average and continues to extend downward. Although it releases the momentum of the bears, other periodic indicators still maintain a long arrangement. In addition, the Bollinger Bands remain upward as a whole, and the MACD indicator continues to form a golden cross upward, so the weekly level decline is still a correction for the bulls. From the daily level, the daily continuous negative pattern allows the gold price to effectively run below the short-term moving average and the Bollinger middle track, and drives the two to turn downward to form suppression respectively. In addition, other periodic indicators maintain a short arrangement, the MACD indicator crosses downward, and the RSI indicator shows sufficient downward potential, so it will be beneficial for the bears to continue to develop. However, the Bollinger Bands have begun to close as a whole, so the overall bearish view at the daily level needs to wait for a high level, and at the same time, we must also beware of a wave of high-level resistance in the gold price at any time. At the 4-hour level, although gold prices hit a low of 2832 late last Friday and ushered in a rebound, as the price is still running below the middle track of the Bollinger Bands and the short-term 10 moving average, and driving the short-term moving average downward to the 2866-2888 area, other cycle indicators remain unchanged The short positions are arranged, and the overall downward trend of the Bollinger Bands has intensified. However, the fast line of the macd indicator has turned upward, failing to give the short positions downward momentum. The RSI indicator has intentionally strengthened the upward potential above the 30 axis. Therefore, the overall 4-hour level can still see the gold price falling again after the short-term correction. The 1-hour moving average is still in a dead downward bear arrangement, MACD is an underwater golden cross, and gold bears may not have turned the trend yet. As long as the rebound is not large, there is still room for gold to move downward. This week, gold will focus on the resistance near the moving average of 2877. As long as it is still under pressure and blocked below 2877, gold can still continue to be short. If gold breaks through 2880 strongly, then it is necessary to adjust its thinking. Taken together, in terms of gold's short-term operation today, our professional and senior gold analyst team recommends mainly shorting on rebounds, supplemented by longs on callbacks. The upper short-term focus will be on the 2877-2885 first-line resistance, and the lower short-term will focus on the 2855-2850 first-line support.