Nifty Give a Breakout of Life time.Nifty has given a proper lifetime breakout on Friday. This Breakout has opened channel which can take Nifty towards 20700+. Resistances on the way will be at 20445 and further at 20734. Supports for Nifty will be at 20013 and 19675 on a weekly chart. These projections will be valid if Election results will be similar to Exit Poll results. If there are results which are against the popular trend and in antithesis to the Exit Poll results, we can see a mild or massive sell off too. So be watchful of the Assembly Election results.
Athbreakout
Theta Network (THETA) Aiming To New All Time HighSince October 19, THETA has increased by 50%, primarily due to the upward trend on the BTC chart, which remains a driver for the entire cryptocurrency market. Last night, the price of THETA surged by 15% once again, setting a new local high at $0.833.
Buyers still have a greater influence on the Theta Network price than sellers, making a continued upward scenario a priority. The next targets for buyers could be the resistance levels at $0.85 and $0.87, although it would be preferable to see some stabilization of the rate in a sideways range between the support zone of $0.723–$0.745 and resistance of $0.795–$0.833.
In case of a correction, THETA could drop to levels of $0.703, $0.688, and the narrow demand range of $0.660–$0.675. All of these marks are part of the upward trend, so testing them could be a logical step before moving to new highs.
#DEVYANI TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup on DEVYANI on NSE
the setup is as follows
- the price is trending at all time high
- the volume is contradicting the price
- there is an imbalance to be filled
- we will not time the market to look for sells
better wait for a proper bearish structure
- price broke the previous high with good volume
dont play with fire, always use predefined stoploss
BTCUSD $100K Nov $200K JanWe have a similar three candle consolidation like the one seen before breaking out of the $20K ATH (Dec 14 '20). This week has just begun, and it's already breaching the ATH from April. There was a new ATH around $67K from Oct 18, but that was short-lived; the candle didn't close above the previous ATH range. So it didn't do much from a market structure perspective. It is still acknowledged, though, by using a thicker resistance line.
Using the fractal starting from the Dec 14 break-out, we see potential for:
- BTCUSD $100K before November ends
- BTCUSD $200K towards year's end
$LI potential high tight flag forming$LI has gained over 100% in 7 weeks and now flagging with a max correction value of 13%, making it a key contender for a high tight flag set up. Wait for price to break to close over the top of the flag pole, with volume, before jumping in - ideally, look for a close over $41.59
APE ANALYSISAPE is interestingly forming a corrective Elliot wave 2 pattern on the 4 hours timeframe.
The "d" is the next resistance target after which a retracement to "e" (support) will occur before we could see a new "ALL TIME HIGH".
You can buy around $12 - 12.25, set your stop loss at $11.82 and take profit at $13.10 - 13.4 for quick profit.
If all analysis fails, (which is very, very unlikely) then we will see a retest of the 0.78% Fibonacci retracement level around $9.4.
LUNA straight to 140 $ !!!!!!! hello everybody !
im not gonna write to much.
Buy after retest !!!
we need to see testing 100 $ and hold above it !
holding 100 $ means another skyrocket movement !
.....
not financial advice !
do your own research.
stay safe
.....
let me know what do you think and share your ideas and charts
thank you.
LET'S SIMPLIFY THINGS UP TO 80k .... TO THE END OF THIS 2022!After my first Fibonacci magic map, this one is using brain and FUD and MOFO factors, what would it be if we see the peak to the end of the year. Prediction is based on common sense w/o too many complications. So let the games begin. Let the better wins.
SRHHYPOLTD Looks good for positional trade.Aim for 5-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
Take trade if all conditions meet at the end of the day 3:15-3:30 PM.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Platinum new ATH??Hellooo im Back!
The chances are good that platinum will reach a new all-time high in the near future. Platinum to the Moon!
have a nice day to all of you!
$AXPDouble bottom into a bull flag. We should see a little pullback then another break towards ATH. If that doesn't occur look for the stock to fall to the lower levels.
CHART LEGEND:
white dashed lines = bull/bear takeovers
blue lines = call targets
yellow lines = put targets
red line = danger zone
orange lines = trend lines
green lines = safe zone
any other lines add will be discussed with the ticker
NYSE:AXP
US30 - Seasonality push towards ATHSince the ATH of the Dow and other indices were created, we've seen a major sell off, at around -10%, not making it a BOS towards a bear market which would have to be at around -20% or so. From that up until now, price action has been following the seasonality charts pretty on par.
Based on technical analysis (look markups), seasonality, and other confluence, we can anticipate the market to give us a rally higher more towards the ATH closing out February. Clear upside targets of liquidity in the form of retail positions, institutional positions, and imbalances, so all in all, looking for the BOS towards the upside so we can catch the clean, low risk, high reward re-test entries. With a lot of news in this week as well, we can definitely anticipate a lot of market manipulation for the institutions to close out positions making aggressive moves.
Looking at the confluence and confirmation checklist, we have:
Daily direction - Ranging higher with higher highs and higher lows
Structure - still looking bullish on the 4h, lots of liquidity grabs and meaningful mitigations that have been filled towards the downside, using the news as an excuse. Still looking for upside targets. The indices are currently correlating with each other, all giving a hidden bullish divergence with price combined with the RSI on the 4 hr, which is something to keep in mind.
Entries - Using the lower time frames 1h - 1m for order flow, we can get the best possible entries with low risk high rewards, ranging from possible 5:1 - 20:1.
CONFIRMATION CHECKLIST TO ALIGN YOURSELF WITH SMART MONEY:
1. Awareness & intention
2. Structure / Wyckoff
3. Liquidity (Retail money 🐑)
4. Institutional Positions (🐳🐳🐳)
5. Imbalance
6. Break of Structure
7. Mitigation (Zone of interest 🔫)
8. Divergence (Correlations)
Good trading,
Jørgen - Topearnertrading
Sunteck realty positional viewThe stock of Sunteck realty has recently given strong breakout from its ATH levels of around 535.
It has given a retest of the breakout level and currently consolidating from past few days.
We can see a fresh upmove above 590-595 levels.Also, stock can be accumalated at current price and added on dips upto 535 as Realty sector is expected to perform good in the next 2-3 years
This is just for educational purposes and my personal view based on technical analysis.
Splitting the ATOM (Long-term Analysis)ATOM has been performing well despite the rocky road BTC is paving. In its previous breakout, ATOM formed a cup & handle pattern which resulted in a strong breakout. It looks like ATOM is performing a similar pattern which began at the end of Oct 2021.
- It dropped from a high;
- It paused when it dropped from the high which rounded the bottom of the cup;
- It is re-testing the high at the beginning of the cup; and
- The volume on the right side of the cup is on average lower than on the left
A small retrace in price can occur to either the 78.6 or 61.8 levels followed by a breakout to complete this bullish pattern. In the event of a strong breakout ATOM could make its way to the 161.8 fib forming a new ATH.
On the other hand, ATOM could do what NEAR token is doing and simply keep moving up and breaking its resistances with ease.
Never buy at an ATH.
Which scenario do you think is most likely?
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments, questions and thoughts below!
Fantom FTM Usdt breakout and retest of the all time highmessage me for any questions,
here i am using ichimoku, concencio moving averages and the resistance of the ath where i believe there is space for the price to move freely into and retest the All time high here.
we may also see a break out from the all time high having looked at the weekly chart, FTM hasnt really been affected by this downturn too much in the market and still is bullish printing a no, 1,2 and now 3 bullish candle (on the weekly Tom demark sequential)
My game plan here is to see a no8 print close to the resistance of the ath, take some profit, leave the rest, use trailling stop and wait for a break of the ATH.
Triple Top Incoming?Projection IF Three Drives leads to a Top, a breakout above ATH. Pure guess, a worst case scenario for the shorts. Insane rallies happen in endgame.
NOT saying this WILL happen; just that it certainly COULD, a blowoff ultimate ATH might be the last charge of the Great Bull, running since 2010.
2022 will certainly be challenging for equities IMO, all future growth is already discounted for thirty years, lol. Buffet indicator at an ATH, PE near 30.
Divergence in volume, small caps, AD, market internals getting soft even as the price rises... a parabolic blowoff may be imminent.
Although markets appear to have formed an H&S pattern, notably this can rarely lead to a continuation; on same page read Triple Tops as Variation of H&S, rare patterns: ref, J Murphy,
"Head and shoulders as a consolidation pattern: p. 115:
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