TataMotors towards 666Tatamotors has crossed lakshman rekha to form Shark pattern. It will touch 666 and then it will move towards next direction.
Target: 812 / 780 / 730 / 666
Support and Resistance
Asain Paints - Where is good opportunity to buy TechnicallyOn a Monthly time frame Asian Paints has penant breakdown.
With this possible levels could be 2300 / 2200 / 2150
bnbusdtWe have a correction up to the range of 585. After this, we will encounter the trend line and break the resistance and the price will move up to 930
bnb, an attractive currency for investment from 6 months to one year
(( Excellent with a strong support ))
** The target of 30,000 is not far off **
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Gold Consolidates Between Key Levels Amid Bearish TrendGold Technical Analysis
The price recently reached the support level at 2585 and reversed. However, the bearish trend remains intact as long as gold trades below 2612.
Gold is currently consolidating between 2612 and 2585. A breakout in either direction will determine the next trend:
Stability above 2612, confirmed by a 4-hour candle close, suggests a move toward 2623.
Stability below 2585 indicates a drop toward 2558.
Key Levels:
Pivot Point: 2612
Resistance Levels: 2623, 2638, 2653
Support Levels: 2586, 2572, 2558
Trend Outlook:
Bearish Momentum: Likely below 2623 and 2612.
Bullish Momentum: Possible above 2623.
Previous idea:
WIF Long spot from this area. key levels if we really have hit the bottom...best of luck if you have any money left from buying dips ...:)
NEAR reversal areaNear is in a perfect level to bounce. Market is in extreme fear but this might be a good level to add on to holdings. Its both a good level of support from past price actions and current fibo levels.
Initial target is marked on the chart, lets see if we get rekt again :) Risk reward ratio looks good to me.
Cheers
Price Tests Key Levels as Bullish and Bearish Momentum CompeteTechnical Analysis
The price dropped as anticipated in the previous analysis. Today, the price is likely to attempt to reach 41,960. A break below this level would confirm further bearish movement toward 41,740. However, if the price stabilizes above 41,970, it could support a bullish move toward the pivot zone at 42,370.
Key Levels:
Pivot Point: 42130
Resistance Levels: 42370, 42590, 42770
Support Levels: 41970, 41740, 41560
Trend Outlook:
Bullish Momentum: Expected if the price stabilizes above 41,970.
Bearish Momentum: Likely with stability below 41,970.
previous idea:
OHTERS - Important level to holdIt's important to hold this level on the chart in my opinion, or else the market will go down HEAVY. Only one scenario would still be acceptable and thats a deviation with short term more pain.
Where are the HBAR support zones? How far can it fall?The recent pullback in HBAR is enough to shake the average person, don't let them shake you out!!
In perspective to the most recent moves, the trend as it stands still remains bullish. The following levels on the chart will give you an idea of how much lower HBAR can potentially go and could be an opportunity for those who had FOMO during the first pump.
See my previous idea on why I am still bullish on HBAR.
$BTC followed my arrow perfectly.In my last BTC post I shared you can see BTC followed my arrow perfectly. Whats next? I expect us to bounce between 92/88k. If not then look at green box for bounce. Which means alts will bleed more if we do god down there.
Bitcoin long Time to execute our longs.
We were hoping for this correction.
Retest of the trendline and i think she is ready for a take off .
NASDAQ Bearish Momentum Persists as Price Drops 2.7% in 24 HoursTechnical Analysis
The price has dropped more than 2.7% in the last 24 hours.
The bearish trend, as highlighted in the previous analysis, remains intact. The price is likely to stabilize within the bearish trend, targeting 20,670 and 20,550, as long as it trades below 20,990.
However, a bullish correction toward 20,860 or 20,990 is possible, particularly if the price stabilizes above 20,860.
Key Levels:
Pivot Point: 20860
Resistance Levels: 20990, 21080, 21210
Support Levels: 20780, 20670, 20550
Trend Outlook:
- Bearish Momentum with stability below 20990
- Bullish Momentum by stability above 20990
Previous idea:
SP500 / Bearish Momentum is under control...S&P 500 Technical Analysis
The price dropped another 1.7% and still has bearish momentum. As long as it trades below 5863, it will touch 5803 and 5781.
so the consolidation will be between 5863 and 5781 till breaking, it is possible to do a correction till 5863 and then will drop.
Key Levels:
Pivot Point: 5835
Resistance Levels: 5863, 5894, 5932
Support Levels: 5803, 5781, 5734
Trend Outlook:
Downward by stability below 5863
Bullish correction toward 5863
previous idea:
XAUUSDUpdate: Friday, December 20, 2024
There is a downtrend line in the form of resistance!!! We are monitoring the expected movement of the current price. The price may encounter resistance and continue the downward movement. If the downward sloping line is broken, and passes through the support level, the rise may be confirmed and the rise has begun.
There are suggestions for two Fibonacci corrections indicating the formation of the beginning of the rise!!! In this case, the Fibonacci technique works when the price stabilizes above the 0.74 area for two Fibonacci corrections, indicating a local upward movement or a rising coordination.
Conclusion: As long as the price is below the sloping line, or continues in the downward direction, the downward trend is preferred if it does not reverse to the upside. The next possible trading area is 2540, this price is considered a support area and the price may head towards it.
This My Thesis on Altcoin Season: When Alt Season???Yesterday, we had some scary dips in the crypto market, and many people switched to panic mode, they felt the bull season was over.
Well, the bull season is barely 1 year and 3 months old, and it is difficult to call the top when some historical patterns are yet to be seen in the market.
When Bitcoin is pumping, a couple of altcoins are yet to pump as much as BINANCE:BTCUSD , and when Bitcoin dips, they dump harder. This has left a lot of newbies in confusion lately.
They are beginning to lose hope in their altcoin bags. Suppose history is an important factor in investment. In that case, it is correct to say that BTC will soon lose its dominance at 68-70%, and there will be a capital rotation into viable altcoins that have strong communities, utilities, and better technologies.
Observe the chart, I used a weekly timeframe so that you will have a better grasp of what is happening in the market.
BTC will likely squeeze out more capital from altcoins before it reaches the peak of its dominance.
Brace up, invest smartly, and most importantly take profit with wisdom and be patient with your moon bags.
Data don't lie, but if that is not the case this time, I will be glad to embrace my mistakes.
What mistake?
The mistake of depending too much on historical data and not admitting that history, sometimes, does not usually repeat itself.
For now, enjoy the flow of the market.
Cheers to 2025! It was an incredible year for us.
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Do you have a contrary opinion? Leave a comment down below, you can present your case without insulting anyone.
ABB will have correction 30 - 35%?ABB has closed below 200 EMA on day time frame.
It has next demand support at 6600 & 6300.
Close below 6300 will confirm BAT pattern formation and this will lead to a correction up to 4400.
Target: 6600 / 6300 / 5500 / 5000 / 4400
Incoming $1trillion dollar correction for crypto people... ** weeks ahead **
Is the market top in? This next move in the market will certainly convince the crypto folks that it is.
According to social media, Youtube influencers etc.. the bull run is just beginning.
That is in despite of a swathe of News article headlines “Bitcoin reaches new all time high $100k” and the janitor I have not spoken to in 10 years asking me if I'm buying Bitcoin.
The signs are there.
On the above 6 day chart, the TOTAL crypto market capitalisation, currently 3.57 trillion dollars price action has risen 46% since the November breakout. A number of reasons now exist for a bearish outlook:
1) Price action and RSI support breakdowns. Indeed the November breakouts requires confirmation of support on past resistance to allow for continuation. That's a long way down.
2) Support is exactly $1 trillion below at $2.57 trillion.
3) Price action is at a significant Fibonacci extension, look left.
4) This signal is found across the entire crypto market on both 6 day and weekly charts, in other words there is confluence across timeframes. That is important.
Is it possible speculators keep throwing good money after bad in the hope price go up? Sure.
Is it probable? No.
Ww
Bulls make money.
Bears make money.
Pigs get slaughtered.
TOTAL3 - Hanging man
OTHERS total - Hanging man
HelenP. I Euro can reach resistance level and then continue fallHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price reached the trend line, making a first gap as well and then starting to decline. EUR dropped to the resistance level, which coincided with the resistance zone and soon broke resistance 2. Then it started to trades inside consolidation, where it declined to resistance 1, which coincided with the bottom part of the range with the support zone. After this movement, the EUR rebounded up, making a second gap, and later almost reached the trend line. Then the price little declined and later rebounded up to resistance 2, breaking the trend line, after which it turned around and started to decline. In a short time, Ethe uro declined to resistance 1, broke it, thereby exiting from consolidation, and then fell to the trend line. A not long time ago, the price bounced and started to grow. So, I expect that EURUSD will reach a resistance level and then continue to decline next. For this case, I set my goal at 1.0270 points, which coincided with the trend line. If you like my analytics you may support me with your like/comment ❤️
GBPAUD: Strong Resistance in Play – What’s Next?Welcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Agricultural commodities outperforming After a +20% gain in the first quarter of the year, AMEX:DBA formed a 30-week base respecting the 2022 highs
Price resolver higher confirming the continuation of the uptrend making 52-week highs
This week has been very bad for the equity indexes, but AMEX:DBA is making 3 month highs relative to the SP:SPX
The best thing to do in this kind of market environment is to look for what is outperforming
EURJPY: Significant Breakout and Bullish PerspectiveThe EURJPY pair has successfully broken and closed above a key horizontal resistance on the intraday chart.
The highlighted blue zone represents the neckline of a cup and handle pattern, signaling a potential bullish continuation.
This breakout could pave the way for further upside, with targets set at 163.64 and 164.47.
Traders may view the broken resistance level as a potential entry point for long positions.
Gold Buy Limit OrderDear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
