KAS has been in a bearish structure for some time. It looks like it wants to make new highs, but we must be cautious as there is a bearish view to this as well! Lets go KASPA!!
Team, Yesterday, we got DOW to hit two targets. and 3 target short for the DAX We are now entering long at 21076-85 ranges STOP LOSS at 21035 or extend to 20987 Target 1 at 21112-26 - NOTE: once it hits our first target range, take partial and bring stop loss to BE. Target 2 - 21187-95 - I would prefer to take this target as confident. Target 3 - 21286-21332
I tend to Thrive in a Trending market. And these are moves I have been waiting for. Looking like Gold will continue to push bullish and make new highs. Bears are trying to push price down but it is not working. Everything is balanced in the area it is in. So price and easily break out and continue with its trend.
On Wednesday, Nifty opened with a gap-up and touched a high of 23,751.85. However, it couldn’t sustain the momentum and dropped to a low of 23,496.15. It managed to close at 23,688.95, losing a modest 19 points over the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, reflecting indecision in the market. Demand/Support Zones Near Demand/Support Zone (30m): 23,496.15 - 23,559.20 Near Support Level: 23,263 (low of 21st November 2024) Far Support Level: 23,189.88 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 23,966.95 - 24,054.30 Near Supply/Resistance Zone (15m): 24,164.90 - 24,210.30 Far Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 (tested) Far Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested) Outlook Despite a gap-up start, Nifty struggled to hold gains. Watch for a breakdown below the support at 23,189 for potential bearish action. On the upside, crossing 24,400 could signal recovery.
EJ at the moment is respecting a major resistance level with smaller time frames flipping bearish. For that reason I've decided to short the pair for a 1:3rr! Entry for me was a retest after price broke smaller time frames bullish structures. All time frames but the weekly are in sync. If all goes well we may expect next week to be bearish with price potentially tapping back into 161.478. We'll see what happens.
Cadjpy is in a downtrend on the day chart with the long term trend. You can see its under the 200 area... Then we had a pullback to the 786... So now i expect a long swing down. Im trading with 3 small trades... This idea is based upon a long term downtrend, and a fib retracement good luck
Pme looks to have formed a small wedge pullback to the 21 day moving average potentially to the 50 day, Creating a buy opportunity for a continuation of the long term trend. Looks as though once volume has spiked and fallen off on each pullback another marked in June/July the trend breaks out and continues.
https://www.tradingview.com/x/tnLnBIWk/ Hey, traders! Today, we’re focusing on $ETHUSDT. The price is trying to recover after a sharp dump, currently sitting at 3,345.52 USDT . We see a support level at 3,308.46 USDT , which has held up under pressure, but its retention remains critical. --- ? Key Levels: Support: 3,308.46 USDT — the key zone where buyers might keep the market steady. 3,302.52 USDT — an additional defense level in case of renewed pressure. Resistance: 3,360.00 USDT — the nearest target to test the bulls' strength. 3,400.00 USDT — a zone for partial profit-taking if the upward momentum continues. --- ? Trading Strategy: Entry Point: - Consider a long position after confirming the support at 3,308.46 USDT and observing a bullish impulse. Stop-Loss: - Place your stop below 3,302.52 USDT to minimize risks. Take-Profit Targets: 3,360.00 USDT — the first profit-taking point. 3,400.00 USDT — the final target for this upward move. --- ? Technical Analysis: The sharp volume dump indicates a liquidity grab attempt. If bulls can hold the 3,308.46 USDT level, recovery toward resistance is possible. It’s important to monitor volume and price reaction at key levels. --- ? Conclusion: Ethereum is clearly attempting to recover after a strong dump, but buyers must hold support. Will the market manage to reclaim lost ground? Share your thoughts in the comments!
Breaking resistance to massive upside on Hype. 1/8/2025. Potentially the bottom of its chart until late 2026.
Bias: Bullish USD News: None Analysis: -Strong bullish closure on daily -Waiting for a retest on previous daily structure low -Looking for BUY if there's confirmation on lower timeframe -Pivot point: 2640 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.