SWING IDEA - SBI CARDS AND PAYMENTSThis setup presents an attractive opportunity for swing traders to capitalize on the potential uptrend in SBI Cards .
Reasons are listed below :
Strong Support at 670-700 Levels : SBI Cards has established a robust support zone in the range of 670-700 levels, indicating strong buying interest and potential reversal points.
Bullish Marubozu Candle : A bullish Marubozu candlestick pattern has formed in both the weekly and daily timeframes, suggesting strong buying momentum and potential upward movement.
Engulfing Pattern : The bullish engulfing pattern on the weekly chart, engulfing four previous candles, reinforces the bullish sentiment and indicates a potential reversal of the downtrend.
Double Bottom Pattern : A double bottom pattern has emerged on the daily timeframe, indicating a potential trend reversal and bullish continuation.
Target - 790 // 855 // 935
Stoploss - weekly close below 670
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Longsetup
PLTR 60% UP ? S&P EntryPLTR long term profit ? Entry notice to the S&P index + Cup & Handle pattern + Above the average line 150. Only an idea and not a recommendation for trading!
BTC Still inside the BOX / Careful about the BTC heatmap!BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Traders,
Despite positive economic sentiment, BTC still fluctuating inside the box.
If the price stays above the yellow area, the green scenario is valid and after that if price breaks above the 65K level and stabilize there, 66690 and 70100 levels are the next price resistances.
According to the recent market heatmap, some shadows may occur inside the circle area for some market liquidation.
Stay tuned for more updates.
SUI - CRYPTO LONGLooking at how much the market has dropped, the SUI coin is still holding up quite well. This means there is volume, and it is being supported. Why?
In my opinion, they are going to push it up. If the market stabilizes and stops falling, we could see growth. I have indicated the optimal target on the chart.
TSLA cybertruckin' it to $243-$258 price range - 4-5 Elliot WaveNASDAQ:TSLA drawing a 4th to 5th Elliot Wave potentially all the way to the $243-$258 price range
Moving averages consolidating around that area too. I track the 20, 50, 100, and 200, but mostly the 50 and 200 for confirmation, and trendlines, but mostly the Elliot Wave when I see it straight out of Ralph Nelson Elliots playbook..
Invest smart, invest hard.
Boost my post if you like this idea 💡
Also follow and subscribe for more uproars. Let's spread the word together.
Roaring Puppy 🐶 out.
NASDAQ:TSLA
Long on Gold (XAUUSD) – 30-Minute TimeframeWe’ve initiated a long position on Gold (XAUUSD) on the 30-minute timeframe following a recent pullback. The current bullish momentum suggests a continuation towards the previous daily high, with the potential for a new all-time high. This trade is positioned ahead of upcoming impact news, which may favor gold.
Key Levels:
• Entry: The long position is entered after the pullback, with confirmation of bullish momentum resuming.
• Target: The initial target is the previous daily high, with the possibility of extending towards a new all-time high if the bullish momentum continues. The news events scheduled from today to tomorrow could further drive this upward movement.
• Stop-Loss: Placed below the recent support level to protect against downside risk and ensure a favorable risk-to-reward ratio.
Rationale:
The decision to go long is based on the strong bullish momentum observed after the recent pullback. Gold has shown resilience, and with upcoming economic data releases, there’s a potential for further upside. The previous daily high serves as a key resistance level, but if broken, it could pave the way for a new all-time high.
Risk Management:
As the trade progresses, consider moving the stop-loss to break even or closer to the entry point to lock in profits and minimize risk. Partial profits can be taken as the price approaches the initial target, allowing for a more conservative approach while still capitalizing on potential further gains.
Additional Considerations:
Monitor the upcoming economic news closely, as it may significantly impact the direction of gold. Be prepared to adjust the trade strategy based on how the market reacts to these events.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
ANOTHER PERSPECTIVE OF THE LONG-TERM POTENTIAL FOR ALGO.ALGO is one of the best cryptocurrencies you can buy, especially at today’s prices. Being one of only a handful of top-quality cryptos that are ISO 20022 compliant, like XRP, XLM, and Quant, I believe the future is bright for ALGO and its holders.
This chart isn’t set in stone and will change over time as more information comes to light.
Good luck, and enjoy becoming a millionaire!
BITCOIN (BTC) – Time to ACT: Only the Strong SURVIVEThis week is crucial, especially with the FOMC meeting scheduled for the following week.
With US jobs data coming out on Friday, which has historically been a significant catalyst for Bitcoin and the broader market, it's important to watch closely.
Now that Bitcoin has reclaimed a key level on the chart, I believe this could be the low and it's time to act.
We haven't seen a deviation play in Bitcoin for a while, and this setup seems like a prime opportunity. If it doesn’t work out, be prepared for a potential drop to $53k or possibly several months of pain.
I'm taking a long position on this price reclaim, as the situation is starting to look a bit more positive.
Below 53k = Shorting towards 32k
APEX - PUMP +50%?I found a coin that had been sold off for a long time. Now, what caught my attention is the local trend — accumulation near the resistance level, and also a descending wedge, which I haven't seen in a while. For me, this is a long-term position, possibly for 2-3 weeks or more, but I would lock in 50% of the profit.
$DOGS is forming Falling Wedge pattern!🚨 SEED_ALEXDRAYM_SHORTINTEREST1:DOGS is nearing the apex of a Falling Wedge pattern on the 1H chart, a setup often indicating a potential bullish breakout.
📈 Entry Point: CMP
🎯 Targets: $0.00120, $0.00140, $0.00160, $0.00200
🔄 Trading Options: SEED_ALEXDRAYM_SHORTINTEREST1:DOGS is available for trading on both spot and futures markets. You may consider entering a position on the spot market or going long in futures. A stop-loss at $0.00098 is recommended to manage risk.
📊 About SEED_ALEXDRAYM_SHORTINTEREST1:DOGS :
SEED_ALEXDRAYM_SHORTINTEREST1:DOGS is consolidating within a well-defined falling wedge pattern. A breakout above the upper trendline could trigger a strong upward move, with potential to reach the target levels.
📢 DYOR, NFA
#Crypto #DOGS
DOGS long setup / Bulls or Bears, Tell me in CommentsBINANCE:DOGSUSDT
GATEIO:DOGSUSDT
Hello Traders
💥Long position on DOGS
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.001097
0.001125
0.001158
0.001190
0.001221
0.001263
🔴SL:
0.00100
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Long Setup on Bitcoin / Bulls or Bears, Tell me in CommentsBINANCE:BTCUSDT
COINBASE:BTCUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
59600
60330
61150
61800
62600
🔴SL:
55925
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Long Setup on SOLUSDT / Setup SettingBINANCE:SOLUSDT
COINBASE:SOLUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.001276
142.00
144.20
147.14
150.3
154.19
🔴SL:
125.42
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
AAVE ANALYSIS (weekly analysis)🔮 #AAVE Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #AAVE. We are just waiting for a perfect breakout. If #AAVE breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $129.70
⏳ Target Price: $200
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #AAVE. 🚀💸
#AAVE #Cryptocurrency #DYOR
MASA - LONG Hello, friends! Today, I reviewed the MASA coin. It is moving in an ascending triangle, and we see accumulation in the middle of the triangle. The coin has great potential targets. I expect a slight correction, where I consider buying. I have indicated the targets and stop-loss on the chart.
SWING IDEA - RK FORGINSRK Forgings , a key player in the forging industry, is showing technical indicators that suggest a promising swing trade opportunity.
Reasons are listed below :
850 Resistance Turned Support : The 850 level, previously a strong resistance, has now turned into a robust support level, indicating a potential floor for the stock price.
Bullish Engulfing Candle on Daily Timeframe : The recent formation of a bullish engulfing candle on the daily chart signifies strong buying pressure and potential for upward movement.
50 EMA Support on Daily Timeframe : The stock is finding support at the 50-day exponential moving average, reinforcing the bullish sentiment and providing a reliable support level.
0.382 Fibonacci Level Support : The price is bouncing off the 0.382 Fibonacci retracement level, suggesting a healthy pullback and resumption of the uptrend.
Volume Spike : A noticeable increase in trading volumes confirms the strength of the price move, indicating strong investor interest and participation.
Target - 1000 // 1100
Stoploss - Daily close below 810
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
$NOT Breakout Incoming!🚨 GETTEX:NOT is nearing the apex of a Descending Triangle pattern on the 12H chart, a setup that could indicate a potential breakout.
📈 Entry Point: $0.0080 to $0.0085
🎯 Targets: $0.0120 $0.0160 $0.0200 $0.0240
🔄 Trading Options: GETTEX:NOT is available for trading in both spot and futures markets. You can consider entering a position on the spot market or going long in futures. A stop-loss at $0.0075 is recommended to manage risk.
📊 About GETTEX:NOT :
NOT is currently consolidating within a well-defined range. A breakout above the upper trendline could trigger a significant move, with the potential to reach the mentioned target levels.
📢 DYOR, NFA #Crypto #Trading #CryptoAnalysis
Long on Gold (XAUUSD) – 30-Minute Timeframe We’re entering a long position on Gold (XAUUSD) on the 30-minute timeframe after the price took out the previous low. This setup is targeting a move towards the 0.5 to 0.6 Fibonacci retracement levels, which often serve as significant resistance areas during a retracement.
Key Levels:
• Entry: Positioned after the recent low was taken out, signaling potential exhaustion of the downward move and a possible reversal.
• Target: Aiming for the 0.5 to 0.6 Fibonacci retracement zone, which is a typical area where the price might encounter resistance and where profit-taking is expected.
• Stop-Loss: Placed below the recent low to protect against further downside risk, ensuring a favorable risk-to-reward ratio.
• Partial Profit: I will take partial profits at the support level, where the price might pause or react before continuing higher.
Rationale:
This trade capitalizes on the likelihood of a corrective move upward after the initial bearish momentum drove the price down to take out the previous low. The Fibonacci retracement levels provide a logical target for this bounce, offering a structured approach to capturing potential upside while managing risk effectively.
Risk Management:
To manage risk, the stop-loss is set tightly below the recent low, minimizing potential losses if the market continues to move downward. Additionally, partial profits will be taken at the support level to secure gains before the price potentially continues toward the higher Fibonacci retracement zones.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.