As we expect Nikkei 225 to dip 60%, we are also expecting NYSE:SMFG to dip around 48%-70%
https://www.tradingview.com/x/U9kuVeNB/ Hello,Traders! EUR-CAD is falling down And is locally oversold So after the price hits A horizontal support Of 1.4684 from where A local bullish rebound Is to be expected Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
The short-term correction pressure of gold has increased, but the upward trend has not changed 1. Current market situation: bulls are still dominant, but caution is needed in the short term Gold has continued to rise in the past few weeks and even hit a new high. However, the recent rise has been too fast, and the market may enter a short period of adjustment. Although the long-term outlook is still bullish, there may be some profit-taking pressure in the short term. 2. The main reasons for bullishness (the logic supporting the rise of gold) • Geopolitical risks are high: global tensions remain, US-China trade frictions, US-European economic games, etc., and the demand for safe-haven is still strong. • The Federal Reserve's monetary policy is still dovish: the market is still digesting the expectation of interest rate cuts. Although interest rate cuts may not be immediate in the short term, the overall interest rate environment has peaked, which is conducive to the rise of gold. • The trend of central bank gold purchases has not changed: central banks continue to increase their gold holdings to reduce US dollar exposure and support long-term gold prices. 3. Short-term risk: possible correction • Gold has risen too much in the short term, and there is a need for correction. It is expected that there may be a certain degree of adjustment, testing the key support level. • If the US dollar index rebounds in the short term, it may bring certain pressure to gold. • Short-term investors may choose to take profits, resulting in increased short-term selling pressure. 4. Trading strategy (specific operation suggestions) • Short-term traders: • If the gold price pulls back to the $2,800-2,820 area, you can consider buying low and set the stop loss below $2,780. • If it breaks through $2,900, go long with the trend, and the target is $2,950-3,000. • If it falls below $2,780 in the short term, avoid risks and wait for better opportunities. • Medium and long-term investors: • Build positions in batches on dips, and pay attention to buying opportunities at $2,750-2,800. • The long-term target is still $3,000 and above, the trend has not changed, but be prepared for volatility. Conclusion: Gold is still in an upward trend, but the short-term correction pressure is increasing. Wait for a suitable low point to enter the market, and the target is still above $3,000.
Now, take a look at the star-like pattern formed by the intersecting lines (trend lines, resistance, and support levels). This is more than just a random drawing—it’s actually quite unique and meaningful. Convergence of Trend Lines: The star shape is formed where multiple trend lines intersect. This convergence represents a critical area where the market could make a decisive move—either a breakout (upward) or a breakdown (downward). It’s like all the forces in the market are coming together at this point, creating pressure. Think of it like a spring being compressed—it’s ready to explode in one direction. Central Point of Action: The center of the star (near the Bear Zone boundary) is a high-tension area. When price approaches this point, it’s likely to react strongly—either bouncing away or breaking through. This makes it a key spot to watch for reversals or trend shifts. Balance Between Zones: The star sits between the Bull Zone (green) and the Bear Zone (red), symbolizing the battle between buyers and sellers. This makes it a pivot point, where the market can decide its next major trend. These zones help visualize sentiment changes in the market based on price movement. The Bull Zone indicates a potential area of upward price movement, where buyers dominate. The Bear Zone, on the other hand, reflects selling pressure and downward momentum. Breakout Peak: Above the Bull Zone, we see the Breakout Peak labeled at 110,044.37, which represents the highest point reached after a breakout. This suggests strong bullish momentum led to that point, and it could act as a potential resistance level if the price revisits it. Support and Resistance: Resistance (red dashed lines): These are key levels where upward price movement has historically been capped or slowed down. Support (green dashed lines): These levels show where price has found stability in the past, with buyers stepping in to prevent further declines. These levels are critical for identifying breakout or breakdown zones and planning entries or exits. Trend Lines and Patterns: Several trend lines are drawn on the chart, representing both short-term and long-term trends. The converging lines near the Bear Zone resemble a triangle or wedge pattern, which often precedes significant breakouts or breakdowns. The lines connect support, resistance, and price trends into one focal area, visually guiding us to key decisions. Price Levels: Key price levels are marked, such as 102,599.85, 107,284.53, and 91,711.17. For example, 102,599.85 and 107,284.53 are interim resistance levels within the Bull Zone, where price action may slow or reverse. 91,711.17 and 80,080.43, on the other hand, are below the Bear Zone, acting as potential downside targets if bearish momentum strengthens. Wizard Illustration: The wizard on the chart represents the "magic" or unpredictability of the market. It reminds us that while price action may seem random, tools like trend lines, zones, and support/resistance levels help us make sense of the chaos and plan accordingly. Market Sentiment and Multi-Timeframe Analysis: The chart divides sentiment into Bull and Bear Zones, balancing the analysis between breakout potential and retracement risks. Judging by the clarity of the levels and zones, this is likely a higher timeframe view (e.g., weekly or biweekly), making it ideal for analyzing macro trends or planning swing trades. Summary: This chart serves as a roadmap for trading decisions: Focus on the Breakout Peak as a critical resistance level. Monitor how the price behaves near the Bull Zone and Bear Zone boundaries to anticipate market sentiment shifts. Use the star pattern as a focal point for high-tension moves and breakout/breakdown signals. Pay attention to the drawn support and resistance levels and their impact on future price movement. In short, the chart ties everything together—zones, levels, patterns, and sentiment—to provide a detailed strategy for navigating the market while at the same time, institutions are the money movers who control the price movement.
1. **Bajaj Consumer Care Ltd.** is a leading Indian FMCG company specializing in personal care and hair care products. 2. It is a part of the **Bajaj Group**, a well-established business conglomerate with a strong legacy. 3. The company is best known for its flagship product, **Bajaj Almond Drops Hair Oil**, which holds a significant market share in India. 4. Headquartered in Mumbai, Bajaj Consumer has a strong presence in both **domestic and international markets**. 5. **Management:** The company is led by **Jaideep Nandi**, who serves as the **Managing Director**, supported by an experienced leadership team. 6. Bajaj Consumer’s business model is centered around **innovation, brand-building, and expanding its product portfolio** in the personal care segment. 7. The company follows an **asset-light manufacturing strategy**, outsourcing production while focusing on branding and distribution. 8. Bajaj Consumer leverages a **wide distribution network**, including retail stores, e-commerce, and rural markets, to maximize reach. 9. It has been expanding into new product categories such as **skincare and premium hair care**, catering to evolving consumer preferences. 10. With a focus on **sustainable growth and digital transformation**, Bajaj Consumer aims to strengthen its market position and enhance shareholder value.
Hello Traders, Hope you're great. for Upcoming weeks, I anticipate 2 Bearish scenarios : In First Scenario, I expect price goes to the demand zone at first and does an upward correction to supply zone around 104-108K and after that starts to drop below 90K. in Second scenario, I expect price does an upward movement and goes to grab liquidity above 110K and after that starts a major fall and drops to below 80K. Targets have determined by Blue dashed lines. and finally tell me what do you think about BTCUSDT, UP or DOWN ? comment your opinion below this post.
Support Zone (Green): Around 150.9 - 151.4, where buyers may step in. Resistance Zone (Red): Between 153.1 - 153.6, where selling pressure could appear. Trendline Break: If the price breaks above the trendline, it may signal a move higher. Possible Scenario: If the price holds above support, it could rise towards 153.6 - 154.6. A drop below 150.9 may lead to further decline. Watch for confirmation before making a trade.
19 Feb 2025 XRP: 3.06 $ This is the soonest futuer of XRP?
? Welcome, Fellow Traders! In the ever-evolving world of financial markets, mastering the art of technical analysis is key to making informed and confident decisions. Whether you're a seasoned trader or just starting your journey, understanding the dynamics of ascending, descending, and parallel channels can give you an edge in identifying trends and market opportunities. This article is crafted to help you navigate these fundamental patterns with clarity and precision. By the end of it, you'll not only recognize these channels but also learn how to leverage them in your trading strategies. So, let’s dive in together and unravel the secrets of these channels on platforms like TradingView, where the world of analysis comes alive. Here’s to better insights and smarter trades! Happy Trading! ? ⭐⭐ Trading channels are one of the most reliable tools in technical analysis. They help traders identify trends and make informed decisions. In this article, we will dive deep into ascending, descending, and parallel channels, exploring their characteristics, significance, and how to use them effectively. 1. What Are Trading Channels? ? A trading channel is a price range formed by two parallel lines: support (lower boundary) and resistance (upper boundary). These lines help identify the direction of the market trend: Ascending Channel: Indicates an uptrend. Descending Channel: Indicates a downtrend. Parallel Channel: Suggests a sideways trend. 2. Ascending Channel ? Definition: An ascending channel, also called a rising channel, is characterized by higher highs and higher lows. It occurs when the price moves within a range that slopes upward. ? Key Features: Resistance Line: Connects higher highs. Support Line: Connects higher lows. Indicates a strong uptrend, signaling buying opportunities. ? How to Trade: Buy Near Support: Enter trades when the price approaches the lower boundary. Take Profit at Resistance: Exit trades near the upper boundary. Breakout Strategy: Watch for a breakout above resistance for stronger bullish signals. 3. Descending Channel ? Definition: A descending channel, or falling channel, is formed when the price creates lower highs and lower lows. It indicates a downtrend. ? Key Features: Resistance Line: Connects lower highs. Support Line: Connects lower lows. Reflects bearish sentiment, signaling selling opportunities. ? How to Trade: Sell Near Resistance: Short-sell trades when the price approaches the upper boundary. Take Profit at Support: Exit trades near the lower boundary. Breakdown Strategy: Monitor for a breakdown below support for stronger bearish momentum. 4. Parallel Channel ➖ Definition: A parallel channel, also known as a horizontal or range-bound channel, is formed when the price moves sideways with consistent highs and lows. ? Key Features: Resistance Line: Stays flat, connecting equal highs. Support Line: Stays flat, connecting equal lows. Indicates market consolidation or indecision. ? How to Trade: Buy at Support and Sell at Resistance: This is ideal for range-bound markets. Breakout or Breakdown Strategy: Prepare for significant moves when the price exits the channel. 5. Tips for Identifying Channels on TradingView ? Use Trendlines: Utilize TradingView’s trendline tool to connect support and resistance levels. ? Set Alerts: Configure alerts to notify you when the price approaches key levels. ? Combine with Indicators: Use moving averages, RSI, or MACD for confirmation. Conclusion-: ✅ Trading channels are powerful tools for understanding market behavior and making strategic decisions. Whether you’re analyzing an ascending channel for bullish trends, a descending channel for bearish trends, or a parallel channel for sideways markets, mastering these patterns can elevate your trading skills. ? Start practicing on TradingView and refine your approach to technical analysis. Success lies in identifying opportunities and managing risk wisely.
Main Takeaways from the ONDO Summit The Ondo Summit 2025, held on February 6, 2025, marked a significant event for the integration of traditional finance (TradFi) with decentralized finance (DeFi) sectors. Here are the main takeaways: Institutional Onboarding into DeFi: The summit was crucial for introducing institutional investors to DeFi, with a focus on Real World Assets (RWA) tokenization. This was highlighted by the participation of high-profile figures from traditional finance, including BlackRock's CEO Larry Fink, indicating serious institutional interest in DeFi. Ondo Chain: Ondo Finance announced the launch of its own blockchain, Ondo Chain, aimed at scaling assetization and merging TradFi with DeFi. This signifies a big step towards bringing traditional financial assets onto blockchain platforms. Ondo Global Markets: The introduction of Ondo Global Markets was to facilitate tokenization of stocks, bonds, ETFs, and mutual funds, offering 24/7 access to these assets on-chain. This move is intended to make financial markets more accessible, transparent, and efficient. Ondo Finance's ambition to bridge the gap between traditional and decentralized finance, potentially setting new standards for how financial assets are managed and traded in the future. TECHNICAL OUTLOOK ONDO is one of the most promising RWA tokens, with great potential. With incredible strength, it's currently consolidating while the entire altcoin market is being shredded. It's holding the $1.30 support well; however, we need to see Bitcoin holding the $96k level. Bitcoin was rejected at $100k, and there's evident buyer weakness at the current level, with a poor reaction likely due to low volume over the weekend. Let's see if there will be a reaction at 92k; it has proven to be a strong support, though we could also deviate below it and test the lows around $89k. If Bitcoin drops to 92k, we could see ONDO revisiting $1.20-$1.18, or it could go lower, filing its wick at $1.12-$1.08. The worst scenario would be taking out the imbalance/excess at $1.