A reverse hammer pattern is formed in Nifty in the weekly charts. Usually This kind of formation signals trend reversal. For reversal to be successful we need a closing next week above 23044. If this happens investors and traders can breathe a sigh of relief from the on going market correction. If the reversal is not successful we might see Nifty fall further to 22427 or in the worst case scenario the next supports will be at 22132, 21718 or even 21302 as of now. On the positive side if the reversal is successful we may see Nifty rising to 23383, 23819, 24205 or close to 25K if we get a weekly or monthly close above 23044 level. Another point which goes in favour of Nifty is that weekly RSI currently is at 39.39. Last time the weekly RSI was this low was in March 23 when it was 38.80. After this point we saw a rally in Nifty which lasted almost 18/19 months. So a further small dip post which we can see a come back in Nifty as per the Relative Strength Index. Next week and the week after than will be critical for reversal of Nifty. Shadow of the candle neutral to positive this week. We might be near a temporary bottom (confirmation pending). Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
US30 Analysis | February 21, 2025 The price has broken below the pivot line of 44,404, confirming a bearish momentum. Now, it is testing the support zone at 44,051, and a continued failure to reclaim the pivot will strengthen the bearish case toward 43,763 and 43,212 support zones. For bullish confirmation, the price needs to stabilize above 44,404 and break the resistance zone of 44,500 to initiate a potential recovery toward 44,756 and 45,099. Key Levels: Pivot Line: 44075 Resistance Levels: 44190 – 44404 – 44650 Support Levels: 43763 – 43520 - 43212 ? Directional Bias: As long as the price remains below 44,404, US30 remains bearish, with a high probability of testing lower support levels.
Took a long on GER40 After the dip that happened yesterday. The fundamentals are straightforward and DAX40 scores 6 on Edgefinder. The technical setups are looking good and indicating for a possible "bottom". Now we don't really know how far this price action will take us up since the European economy is not stable, yet. Will keep an eye on it.
TF-4hrs Let’s break down the current market structure of Bitcoin (BTC/USDT) in a simple and straightforward way, without overcomplicating the chart or relying on unnecessary indicators. Current Market Overview Since 4th February, Bitcoin has been experiencing consistent supply pressure, but the demand side has struggled to gain strength. Demand kept breaking down and failed to solidify, while supply continued to dominate the market. However, on 18th February, after retesting the 94000 Bitcoin reversed and showed signs of strong demand. This shift has brought buyers back into control, and the price has now climbed close to the $99,000 level. Key Observations Bending Structure : Bitcoin is currently moving in a bending formation (not a straight upward or downward move). It’s gradually trending upward. 0.5 Zone : The 0.5 level (around $99,450) is a critical zone in the current structure. Historically, this level has acted as both support and resistance, and it’s likely to play a significant role in the next price movements. Two Possible Scenarios Scenario 1: Breakout Above 0.5 Zone Bitcoin continues its upward bending movement and tests the 0.5 zone ($99,450). There’s a strong possibility that Bitcoin could break above this zone and move toward the $102,000 level. Scenario 2: Rejection at 0.5 Zone Bitcoin tests the 0.5 zone but gets rejected. Alternatively, it may create a fakeout (a brief break above the zone and retest the bending resistance) before reversing and falling back toward the 92,000–93,000 zone. Trading Strategy If you’re considering entries near the 0.5 zone, wait for a confirmed breakout and a failed retest before entering. Avoid impulsive entries, as they can lead to unnecessary losses. Patience and confirmation are key to successful trading. Note My goal is to simplify the chart and help you understand the price action clearly. I avoid overloading the chart with unnecessary indicators or creating confusion. My analysis focuses on keeping the chart clean and straightforward. Thank you! For inquiries, collaborations, or discussions, feel free to reach out. Let’s explore opportunities together! X: @suleman93552996 Insta: suleman_ahmed00 Gmail: zayn84041@gmail.com WA: 923208218168
bullish indications: making HHHL in day time frame, 4 hr : respected fib level 0.382 and retraced. Major support respected with morning star candle formation. Trend line resistance is broken. Forming a inverted head and shoulder pattern in 1 hr with MA21 being respected. There is a second formation of inverted head and shoulder in 30 min which indicates bullish move. 15 min shows clear bullish candle formation with IHS Bearish indications: Major resistance ahead to get the confluence for long . Based on the confluences pair shows bullish indications hence going long . Trade plan bias long @ 22106 SL:22050 TP1:22168 tp2:22211
TradingView has introduced the CEX Screener, a new tool that enhances crypto market analysis by providing insights into cryptocurrency pairs traded on centralized exchanges. This latest addition completes TradingView’s suite of screeners, which already includes tools for analyzing decentralized exchange (DEX) markets and individual crypto assets.
Octa received the ‘Best CFD Broker Asia 2025’ award from Global Brands Magazine in Feb. 21, 2025. The recognition positions Octa as a dominant leader in financial markets because the company provides leading trading solutions and advanced services to clients. A Prestigious Industry Recognition The Global Brands Awards recognize businesses across industries through their assessments […]
Unfertig, voller Bugs und schlechtes Kampfsystem: Diese Demo weckt Zweifel für den Release Unter dem Banner von THQ Nordic lebt die Marke weiter. Ein aufwändiges Remake des ruppigen Ruhrpott-Rollenspiels soll einer neuen Generation die Faszination Gothic vermitteln. Mithilfe der Unreal Engine soll das spanische Studio von Alkimia Interactive dem Minental neues Leben einhauchen. Doch nach der letztjährigen Gamescom-Demo, die jetzt auch beim Steam Next Fest frei für alle spielbar sein wird, mache ich mir plötzlich große Sorgen um das Gothic Remake.
Bill Kaulitz scheint nicht unter der Trennung von Marc Eggers zu leiden. Der Tokio-Hotel-Frontsänger plauderte Details über sein aktuelles Liebesleben aus.
Mal wieder hat Netflix eine Serie vorzeitig abgesetzt. Diesmal trifft es einen Western-Hit, der als Yellowstone-Ersatz ins Rennen ging und jetzt keine 2. Staffel bekommt.