HINDALCO MTF Analysis HINDALCOYearly Demand 284.0 HINDALCO 6 Month Demand 504.0 HINDALCOQtrly Demand BUFL 620.5 HINDALCOMonthly Demand 567.0 HINDALCOWeekly Demand 550.0 HINDALCODaily Demand DMIP 550.0 ENTRY -1 Long 550.0 SL 516.0 RISK 34.0 Target as per Entry 963.0 Last High 636.0 Last Low 309.0 ENTRY -2 Long 510.0 SL 516.0 RISK -6.0 Target as per Entry 963.0 Last High 636.0 Last Low 309.0
Traders! After these weeks of holidays we have now come back very stronger. 2025 is looking very good and a lot about to come in this year. I want to thank you all for your support in last year, it means a lot to me. Moving forward to this year I promise to give you the best and to make sure everyone understand what it means when it comes to trading. I also want to thank tradingview team for making this platform the best among all, They have provided us with every tool needed by traders to use their strategies and become successful. Lastly, Invite your fellow traders to join this page so that we grow together. I really appreciate your support! God bless
I'll wait for this currency to reach the buy zone and buy it... Target and stop are clearly shown in the image. Good luck KUCOIN:WAVESUSDT
Bitcoin's dominance continues to climb within a well-defined ascending channel. However, recent volatility has brought it close to critical resistance levels around 57.7%. A breakout above this could signal continued BTC strength, but a rejection might lead to a pullback towards the green support zones at 54% or even 50%. Is this dominance trend sustainable, or are we due for an altcoin season? Share your analysis and insights below!
FX:USDJPY USD/JPY Poised for Breakout: Key Levels to Watch Analysis: The chart shows the USD/JPY pair on a 4-hour timeframe with multiple indicators and annotations. The price is currently at 157.266, with recent highs and lows marked. The chart includes horizontal support and resistance levels, volume profile, RSI, and a momentum indicator. Price Action Analysis: The price has been in an uptrend since mid-October, forming higher highs and higher lows. Key resistance levels are at 157.406, 158.082, and 158.246. Key support levels are at 156.744, 154.120, and 153.877. Smart Money Concepts (SMC): Break of Structure (BOS) annotations indicate significant price movements. The price is currently consolidating near the upper resistance levels, suggesting potential accumulation or distribution. ICT Elliott Wave Analysis: The price appears to be in the fifth wave of an Elliott Wave cycle, indicating a potential end to the current trend. A correction might be expected before a new trend begins. Indicators: RSI is at 51.93, indicating neutral momentum. The momentum indicator shows mixed signals with recent green bars suggesting bullish momentum. Buy Strategy: Entry: 157.300 (above current resistance) TP1: 158.082 (next resistance level) TP2: 158.246 (upper resistance level) SL: 156.744 (below recent support) Sell Strategy: Entry: 156.700 (below current support) TP1: 154.120 (next support level) TP2: 153.877 (lower support level) SL: 157.406 (above recent resistance) Follow @Alexgoldhunter for more strategic ideas and minds VIP Signal: Buy: 157.300 158.082 158.246 156.744 Sell: 156.700 154.120 153.877 157.406 This detailed analysis incorporates multiple trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to generate comprehensive buy and sell strategies. The indicators displayed on the chart, such as Fibonacci retracement levels, RSI, and volume profile, support the analysis and identify key levels for entry, take profit, and stop loss.
Ethereum is showing signs of strength against Bitcoin, with a potential bounce from the green support zone. The chart hints at a breakout towards the upper resistance levels around 0.045 BTC, followed by a bullish continuation to 0.060 BTC and beyond. Will ETH reclaim dominance, or is this just a temporary relief rally? Let’s discuss the possibilities and your take on this setup in the comments!
### Bitcoin Technical Analysis: Anticipating a Correction from FWB:98K to FWB:88K #### **Current Market Context** Bitcoin has shown a remarkable rally, reaching $98,000, driven by strong momentum, increased institutional participation, and retail euphoria. However, technical indicators suggest a potential correction to $88,000 before the next leg upward. Here's why: --- #### **1. Overbought Conditions** - **RSI (Relative Strength Index):** On the daily chart, Bitcoin's RSI has surged above 85, indicating extreme overbought conditions. Historically, such levels have preceded short-term corrections as the market cools down. - **Stochastic Oscillator:** The stochastic also shows a bearish divergence, where price makes higher highs, but the indicator forms lower highs. --- #### **2. Key Resistance at FWB:98K ** - **Fibonacci Extension Levels:** Using the previous swing low at $75K and the recent high at FWB:98K , the 2.618 Fibonacci extension aligns with the current resistance zone, signaling a potential reversal area. - **Psychological Level:** $100K is a major psychological barrier. Traders often front-run such levels, leading to selling pressure just below it. --- #### **3. Volume Profile** - **Decreasing Volume:** The rally to FWB:98K has been on declining volume, indicating weakening buying interest. A healthy uptrend typically requires increasing volume to sustain higher prices. - **Volume Gap Below $90K:** There is a visible volume gap in the range of FWB:88K –$90K, which could act as a magnet for price as it seeks strong support. --- #### **4. Moving Averages and Support Levels** - **Exponential Moving Averages (EMA):** The 21-day EMA is currently at GETTEX:87K , aligning with the projected correction target. A reversion to this EMA is consistent with Bitcoin's behavior in prior bull markets. - **Support Zone:** The FWB:88K region coincides with a strong support level from prior consolidation, making it a logical area for a pullback. --- #### **5. Elliott Wave Analysis** - **Wave 4 Correction:** If we are in an Elliott Wave impulse structure, the current move to FWB:98K could mark the end of Wave 3. A Wave 4 corrective phase to FWB:88K is plausible before the continuation into Wave 5, targeting new highs above $100K. --- #### **6. Bearish Candlestick Patterns** - On shorter time frames (4-hour and daily), Bitcoin has formed a bearish divergence and a potential "shooting star" or "doji" near FWB:98K , both indicative of a reversal. --- #### **Conclusion** A correction to FWB:88K would provide a healthy reset for Bitcoin's bull run, allowing new buyers to enter and setting the stage for a sustainable breakout above $100K. Traders should monitor key levels and indicators like RSI, volume, and moving averages for confirmation of the correction. **Key Levels to Watch:** - Resistance: FWB:98K , $100K - Support: FWB:88K , $85K **Strategy:** Consider taking partial profits at current levels and re-entering near FWB:88K with stop-losses placed slightly below $85K.
TSXV:KNC breaking out from the Ascending triangle on the 4H chart. ? Targets: $0.6714 $0.7243 $0.8816 ⚠️ Support to watch: $0.5907. Bullish structure intact above this level. What’s your play, #ChillFam? Are you: ? Holding ? Selling ? Waiting to buy Let me know below! ?
Weekly: https://www.tradingview.com/x/kVDrQu8Z/ Daily: https://www.tradingview.com/x/oyMkcrdP/ 4H: https://www.tradingview.com/x/CTkw3f8L/
GBPUSD key levels to look for position but still pound looks weak because as per uk data came up last year it was weak only USD negative news can make pound stronger depend hows NFP will be released.