Forex trading moves fast, and knowing how to spot and ride trends is a game-changer if you want to stay ahead. One of the most...
Kommt jetzt die Wende? Wer sich mit der Elliott Wellen Theorie beschäftigt, sieht hier evtl. die nächste Long Möglichkeit. Mit Abschluss des heutigen Tages gibt es zudem eine durchkreuzung der Bollinger Bänder und zur Krönung doch eine sehr schöne Ausgleichkerze. Somit sind meine Kriterien erfüllt und mit Abschluss dieses Tages wird eine Long Position eröffnet. Was sagt ihr dazu?
Crazy as it may sound, NVIDIA / NVDA may recover from the current pull back and hit $300 by the end of the year. The reason is that the consolidation it has been in for the past 9 months, has been spotted on both previous long term growth Channel Up patterns right before the Channel topped. As a matter of fact, it was the last year of its bull rally. The previous consolidation phase's bottom was in March 2021 and before that in April 2017. As we've entered March 2025 with the price sitting right at the bottom of the 2.5 year Channel Up, the probabilities of a final rally increase. The previous two have been +206% and +217% respectively. The $300 Target sits right under a potential +206% increase. Follow us, like the idea and leave a comment below!!
I will go short now @ 1.0847 target 1.0700 SL 1.0899 RR 3:1 Divergence RSI Good LUck WEGO
This is Follow up to earlier post. 1.04 to 1.08 done !! It looks like a clear bottom.. And it's heading much more up.. 1.12 -1.14.... initial targets. Still it can go much more up. I would love likes & comments if you appreciate it! Explanation - I am weak at it !
Ethereum (ETHUSDT) is currently trading within a key range, showing signs of bearish pressure. Based on the 4-hour timeframe analysis, the price has tested the resistance zone around $2,300-$2,400 but failed to sustain bullish momentum. Key observations: Resistance at $2,300-$2,400: This level has acted as a strong supply zone. Support at $2,100-$2,150: A short-term consolidation area where price is currently reacting. Probability 1: If price retests the $2,300 resistance, rejection from this level could trigger a drop toward $1,807, aligning with the larger bearish trend. Probability 2: If price fails to hold above the minor support levels, it could break down directly toward $1,807 without a major pullback. Trade Plan: Short Entry: Near $2,250-$2,300 (if price rejects this zone). Stop Loss: Above $2,400. Target 1: $2,100 (partial profits). Target 2: $1,807 (full target). This setup aligns with supply and demand zones, and a potential liquidity sweep before a downward move. Monitor price action closely for confirmation. ?
The synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument native token Ethena ( MIL:ENA ), saw its price surge by a whooping 21% today amidst the three white crow pattern that appeared on the daily price chart hinting at increased buying pressure. Ethena, weeks back was down losing almost half of value, bulls took advantage of the dip and capitalize on the oversold nature of MIL:ENA , presently placing the RSI at 58 which is neither overbought nor oversold but hints at a continuous buying pressure. In the case of a market pull back, MIL:ENA might find support in the 78.6% fib retracement level, similarly, a break above the 1-month high could pave way for a new resistance point with massive influx of buyers in the long term. Ethena Price Live Data The live Ethena price today is $0.439498 USD with a 24-hour trading volume of $758,695,169 USD. We update our ENA to USD price in real-time. Ethena is up 16.02% in the last 24 hours, with a live market cap of $1,416,695,330 USD. It has a circulating supply of 3,223,437,500 ENA coins and the max. supply is not available.
Description: This trading idea focuses on BNX (BinaryX), a cryptocurrency tied to the GameFi sector, which has experienced both rapid growth and increased volatility. BNX plays a key role in blockchain gaming, particularly in play-to-earn ecosystems, but its long-term sustainability depends on user retention, continuous innovation, and market adoption. As interest in GameFi fluctuates and competition increases, BNX may face challenges related to declining user engagement, regulatory uncertainty, and shifts in investor sentiment. These factors could contribute to downward price pressure, making it a potential opportunity for a sell trade. Despite the potential for short-term price fluctuations, the cryptocurrency market remains unpredictable. External influences such as project developments, macroeconomic conditions, and broader market trends can impact BNX's performance, necessitating caution and a well-planned risk management strategy. Disclaimer: This trading idea is for educational purposes only and should not be interpreted as financial advice. Trading cryptocurrencies like BNX involves substantial risk, including the possibility of losing your entire investment. Always conduct thorough research, assess your financial situation, and consult with a professional financial advisor before making any investment decisions. Past performance is not indicative of future results.
The index that did very well this week and which has potential to carry forward the momentum into the next week seems to be the Metal index if it can cross 2 major hurdles at 8941 and 9227. Currently the closing of CNX Metal Index is at 8926.90. In the coming weeks if we get a closing above 8941 and eventually above 9227 the index has a potential to go north wards towards 9453, 9828 or even 10K plus levels if the rally in Nifty and the one we are seeing in the Metal index sustain. Metal index this week gave a closing above Mother line of 50 weeks EMA which is at 8750. RSI of the Metal index has also entered a bullish looking territory. The significance of Mother and Father lines, Parallel Channels, RSI can be learned by reading my past articles or by reading my Book The Happy Candles Way To Wealth Creation which is available on Amazon or can be availed by contacting me. The book is one of the highest rated books on Amazon in it's category. Now if this breakout actually happens in the Metal Index the stocks that composit the metal index will be the beneficiary in general. Some might benefit more some might benefit less and some might not benefit but for index to move upward the stocks composing it have to perform well. To know which stocks will do better than others we will have to look at their individual charts. The stocks which make the metal index are Welspun Corp, Hindalco, Nalco, Hindustan Zinc, Tata Steel, Vedanta, Sail, NMDC, hindustan Copper, Jindal Steel, JSW Steel, Jindal Stainless, Apl Apollo Tubes, Ratnamani Metals, Adani Enterprise. Thus it is obvious some of these stocks have potential to benefit if index does well. Choose wisely after consulting your investment advisor, studying fundamentals and Technicals of each company. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
as we can see that we have a bullish trend, with MSS so the price after this correction will go for the 160 the next big fair value gap