Price Action : Nifty opened at previous day's close and tested pivot level finding buying around 23565 levels and rallied almost 200 points till 23775 levels and saw small profit booking. Post noon saw buying around 23700 levels and tested above 23800 and saw small profit booking towards end of the day loosing momentum. If sustained below 23800 can again test 23700-23730 levels and above 23820 if sustained can test 23950 levels. Trend: Nifty formed Higher High and Higher Low suggesting Long Trend Options Data: 23700-800 Puts added Open Interest showing support. 23700 and 23900 CE shedded OI, don't have much resistance till 24050-100 levels. Futures Data: Nifty Futures closed positively with Increase in Open Interest suggesting Bullish Outlook for Next Session: Nifty looks Bullish above 23800 for tgt 24000-24050. (for next wkly expiry) Positons: Wait for 30min candle close above 23800 to go long for tgt 24000.
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Intel Corp (Extended Hours) - Double Formation * 26.00 USD | Area Of Value | Subdivision 1 * (Flag Structure) | Ranking & Ranging | Continuation | Subdivision 2 - Triple Formation * 012345 | Valid Wave Count | Ongoing Wave 3 Configuration * Retracement Numbered | Reversed | Subdivision 3 * Daily Time Frame | Trend Settings Indication Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
Based on Volue Profile Analysis, I expect Bitcoin to find strong support in the $92,383–$93,000 region, where significant trading volume has accumulated. A bounce from this zone could push BTC toward the next resistance range at $95,000–$96,000.
ETHUSDT current price is 3329 but I am intrested in long if price goes down to fill Sell Side Liquidity (SSL) and gives reversal from marked demand zone. This is my trade plan for ETH.
Seller contribution signals shown from strong buyer zone.
$KEKIUS Rockets 160% Amidst Market Downturn In an extraordinary turn of events, $KEKIUS, an Ethereum-based memecoin, has defied the general crypto market dip with an impressive 160% surge. This meteoric rise underscores the unique appeal of $KEKIUS, bolstered by strong technical patterns and compelling fundamentals. Technical Analysis The recent $KEKIUS rally is supported by robust technical indicators. The token’s price action exhibited a bullish symmetrical triangle pattern, breaking above this triangle’s resistance and signaling the likelihood of a continued uptrend. Preceding the surge, $KEKIUS formed a "three white crows" candlestick pattern, indicating strong bullish sentiment. A notable thrust in trading volume has further validated the breakout, with the token demonstrating strong momentum. However, caution is advised as the Relative Strength Index (RSI) currently sits at 87.53, indicating overbought conditions. A short-term correction may be imminent before the next leg up. The $KEKIUS Phenomenon 1. Market Capitalization: With a market cap exceeding $295 million, $KEKIUS has achieved this feat without major exchange listings, apart from BingX. This speaks volumes about its community-driven strength and viral appeal. 2. Elon Musk’s Endorsement: A key driver of $KEKIUS’s popularity is its association with Elon Musk. The billionaire’s interaction with the token’s memes, alongside Pepe Official’s response, has solidified its status as a rare and coveted asset in the meme coin space. 3. Community Resilience: Originally created by a developer with rug-pull intentions, the $KEKIUS community reclaimed the project, transforming it into a beacon of decentralized ownership and solidarity. Trading Activity and Market Metrics - All-Time High: $0.3014 (January 1, 2025) - Current Price: Approximately 4.3% below the ATH - All-Time Low: $0.0006923 (December 17, 2024) - 24-Hour Trading Volume: $163 million, a 142% increase from the previous day These metrics underscore the heightened market activity and investor interest in $KEKIUS. Risks and Opportunities - Opportunities: - With its breakout above the symmetrical triangle and strong community backing, $KEKIUS shows potential for further gains. - The absence of listings on major exchanges presents an untapped growth avenue. - Risks: - The overbought RSI suggests a potential short-term pullback. - As a memecoin, $KEKIUS is inherently volatile and influenced by speculative trading. What Lies Ahead for $KEKIUS? The $KEKIUS roadmap is community-driven, with aspirations of reaching new heights. Its alignment with meme culture and Elon Musk’s interactions have created a strong foundation for viral growth. The project’s commitment to transparency and community engagement further sets it apart in the crowded crypto landscape. Conclusion $KEKIUS’s recent performance is a testament to the power of community and the enduring appeal of memes in the digital age. While the technical and fundamental aspects point to continued bullish momentum, traders should exercise caution given the potential for short-term corrections. Whether $KEKIUS reaches the moon remains to be seen, but it has undeniably carved a unique niche in the crypto world.
Gold operation strategy reference: Strategy 1: Short (buy decline) 20% of the position in batches when gold rebounds to around 2627-2630, stop loss 6 points, target around 2615-2610, break to see 2605 Strategy 2: Long (buy rise) 20% of the position in batches when gold pulls back to around 2602-2605, stop loss 6 points, target around 2615-2620, break to see 2625
Hi everyone, I hope you had a happy party into the new year. And the parties don't stop - at least in the markets. The first trade idea in the new year is a short in TGLS - Technoglass inc. . The orange Medianline-Set indicates, that it's a potential move back to balance, not a turn in the Trend. So we aim for the PTG1, which is at the Center-Line, where price comes back to balance. PTG2 is optional, but possible. As the overall Indexes crumble, there is a good chance that Stocks will follow. Price broke the first green slanted support, then stopped around the 1/4 Line of the ML-Set. Now we closed below the Trend-Barrier. A simple and reliable setup for me. So I follow my strategy, jump on the Board and ride that wave down to the shore. ------------- QUESTION ------------- I get more and more PMs with the question, to start a trading group for education and to craft more trade ideas. If you think you would join, please answer the following questions in the comment below and/or write me a private message: 1. Do you trade to a) build wealth over many years b) having fun c) make money consistently to pay for monthly bills 2. Do you feel more comfortable in trading with a) a high win-rate b) a high risk/reward 3. Do you like more a) short term trades (Hours/Days) or b) long term trades? (Weeks/Months) or even c) Scalping Feel free to comment what you'd expect from a trading group and what you wish the most from trading. I wish you all a happy 2025 and happy profits.
Multiple touches to the .886 we could se a reversal very soon with the overall momentum of other coins / tokens GFY (Go F Yourself zone). Big manipulation on this token, market makers want to liquidate all longs as much as possible, stay safe! Happy New Year!
ConocoPhillips is showing a strong bullish structure, having surpassed its targets after a prolonged consolidation phase. We are waiting for the activation of the dark green structure to see a pullback, and then plan to short down to the orange-marked correction level. After that, we might consider a long position in the future.