Slightly gap down opening expected in nifty. After opening if nifty starts trading below 22450 level then possible downside rally upto 22300 in opening session. This downside rally can extend further in case nifty gives breakdown of 22250 level. Any bullish side rally only expected if nifty starts trading and sustain above 22500 level.
Wedge patterna usually require 5 touch points to confirm the pattern. Which, officially, Bitcoin has done. This upward wedge means revearsal for a bear market, while a downward wedge means reversal for a bull market. We are still inside this wedge which means even though this pattern is hypothetically confirmed on BTC, we could either see a rally up through the wedge until it finally breaks, or we may even break now into the end of March if BTC continues sideways. This pattern overall suggests that we are likely to see an early top for BTC if the pattern confirms in the next few weeks, otherwise there's still room for a late 2025 top for BTC even with the upward bearish wedge in play.
3/10/25 :: VROCKSTAR :: NASDAQ:GCT Interesting. Watching $15, buy $12 - produces >$100 mm cash on round up $800 mm of EV... so yield checks box - has been actually growing - logistics, so mgns are not where i'm used to investing - but LT chart still looks legit - i'm sure tariffs r not helping - adding this one to my e-comm list for if/when $12 so hard to add anything beyond deep value territory stuff in this tape (which typically means stuff that's still performed well, but been totally crushed even before the last sell off). in correlation 1 sell off (and friends, we're in it...)... even nike trades like nvda. so if we get a final dump and this thing trades below $12... perhaps i'll take another look and bite, perhaps something else looks better if/when. but flagging in case anyone has particular nuance to dig into/ be aware of. hope you're all staying sane in this environment. V
Remember my ETH short bias from last September? Despite it pushing up a little, price has remained within the trendlines & bearish channel, keeping its main trend in a 'downtrend'. We are still within a 3 Sub-Wave (A,B,C) corrective channel, with the current bearish move down being Wave C. Wave C target still remains around $786?
Today will be slightly gap down opening expected in banknifty. After opening if it's sustain above 48050 and give reversal then possible some bullish rally in index. Upside 48450 level will act as a strong resistance for today's session. Any strong bullish side rally only expected above 48550 level. In case banknifty starts trading below 47950 level then there will be sharp downside rally possible in index upto 47550 level.
A minimum target that is set technically and not fundamentally And the next target is the maximum target of 4815, a certain price reversal The possibility of a price reversal from this current range is possible with news
The GBP/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Double Top Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 1.2784 2nd Support – 1.2724 ? Please hit the like button and ? Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
The Dow Jones Industrial Average (US30) is currently trading within a well-defined ascending channel, having recently rejected the upper trendline resistance near 45,100 - 45,124. Price has started a pullback, indicating a potential move lower towards key support levels. The first demand zone to watch is around 41,757 - 40,897, where buyers may step in to push prices higher. If this level fails to hold, a deeper retracement into the 40,084 - 38,923 range could be expected, aligning with previous liquidity zones. The ideal trade plan involves waiting for a reaction around these support levels for a potential long entry, while a break below 38,089 would invalidate the bullish structure and shift the outlook bearish. Fundamental Analysis: From a macro perspective, US30 is highly sensitive to U.S. Federal Reserve policy, interest rate decisions, and economic data. The Fed’s approach to interest rates will dictate market sentiment; if the central bank pauses or cuts rates, equities could see renewed upside momentum. However, persistent inflation could lead to higher-for-longer rates, which might trigger further downside pressure. Additionally, the U.S. election cycle in 2024/2025 could introduce volatility, as markets react to policy shifts. Geopolitical risks, including China-U.S. trade tensions and Middle East instability, could also weigh on investor sentiment, increasing downside risks. Conclusion: The technical outlook suggests a correction towards 40,897 - 38,923, which aligns with demand zones where a potential bullish reversal could occur. However, if the market structure shifts below 38,089, it could open the door for a deeper decline towards 35,643 or lower. Traders should watch economic reports (CPI, GDP, NFP) and Fed commentary closely, as they will heavily influence US30’s direction. The bias remains cautiously bullish, but further confirmation at key support zones is needed before re-entering long positions. ?
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Everything rolling ? Didn’t get the playback on $2921 mentioned yesterday. ? Either way was beneficial. Looking to get into get into targets here. $2907 needs to hold off. Layering on $2900/902 & $2904.5 Stops by default will have to be $2907 but giving her room here at $2910 high. Target as usual…. $2855. Long Profile pending… Update when we get there. LFG Traders ????