Technical Analysis (TA) Overview for Trading * Price Action: MSFT is trading near $435, recovering from its recent dip at $410. The price is approaching critical resistance zones after breaking out from a descending channel. * Trend: MSFT is forming a higher-low structure, indicating potential bullish continuation. * Support and Resistance Levels: * Support: $425 (key consolidation zone) and $410 (previous low). * Resistance: $440 (intermediate level) and $447-$455 (upper resistance zone). * Indicators: * MACD: Positive momentum with MACD crossing above the signal line, signaling potential continuation. * Stochastic RSI: Overbought region, suggesting caution for immediate bullish positions as it may indicate short-term exhaustion. * Volume Analysis: Strong buying interest on recovery, but needs sustained volume to confirm a breakout above $440. Gamma Exposure (GEX) Analysis for Options Trading https://www.tradingview.com/x/aalKPcGb/ * IVR & IVx: IVR is 50.7, and IVx is 33.3, indicating a moderately elevated implied volatility environment. * GEX Levels: * Highest Call Wall Resistance: $455. * Key Call Levels: $440 and $447 (above current price action). * Put Walls: Strong support from the $425 level, with a major put wall at $410. * Options Flow: Skewed slightly bearish as of now, with minimal bullish pressure. Trade Scenarios: 1. Bullish Setup: * Entry: Above $440 after a confirmed breakout with volume. * Target: $447-$455. * Stop-Loss: Below $435. 2. Bearish Setup: * Entry: If the price fails to break $440 and shows rejection. * Target: $425. * Stop-Loss: Above $442. Conclusion Microsoft is at a pivotal resistance level. A breakout above $440 with volume can signal bullish continuation, targeting $447-$455. However, overbought stochastic RSI and resistance pressure may trigger short-term pullbacks. Options GEX levels suggest strong resistance near $455 and support at $425-$410. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research before trading.
⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: China's National Bureau of Statistics (NBS) reported that both Services and Manufacturing PMIs have moved into contraction, signaling a potential slowdown in the global economy. In the US, the Chicago Fed National Activity Index for December showed improvement by exiting negative territory, indicating signs of economic recovery. Looking ahead, this week's US economic calendar includes key data releases such as Durable Goods Orders, the Federal Reserve's monetary policy meeting, Q4 2024 GDP figures, job market updates, and the Fed's preferred inflation measure—the Personal Consumption Expenditures (PCE) Price Index. ⭐️Personal comments NOVA: Gold adjusted down within the range of 2 H1 trendlines, sideways price range 2730-2750 in Asian and European sessions, waiting for US session news data ⭐️SET UP GOLD PRICE: ?BUY GOLD zone: $2705 - $2707 SL $2700 TP1: $2715 TP2: $2723 TP3: $2730 ?SELL GOLD zone: $2759 - $2761 SL $2766 TP1: $2750 TP2: $2740 TP3: $2730 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
AMEX:SPY January 28, 2025 15 Minutes The divergence paid off again. Now we again wait for moving averages 9 and 21 to go above 50,100 and 200 to initiate any longs. For the fall 608.15 to 594.64 61.8% retracement is around 602-603 levels. A good level to short SL 605.5. I expect sideways today.
Gold price is in a corrective downtrend. and the target of this downtrend is at 2726 followed by 2712 and today's support zone 2700 will be the price level that buyers are waiting for.
Technical Analysis (TA): * Trend: AMZN has shown a strong recovery from its prior dip, breaking above the downward resistance line. The recent upward momentum has pushed the price closer to the key resistance zone of $236.40. * MACD: Positive crossover indicates potential upward momentum continuation, but histogram strength shows signs of plateauing. * Stoch RSI: Overbought at 96.94, suggesting the potential for a pullback or consolidation in the near term. Key Levels: * Resistance: * $236.40: Recent swing high and breakout level to monitor. * $240.00: Psychological and potential gamma resistance area. * Support: * $227.50: First support level near consolidation prior to breakout. * $222.50: Stronger support aligning with prior accumulation. * $192.50: HVL and key put support zone. GEX Analysis: https://www.tradingview.com/x/YUt7I9xi/ * Gamma Levels: * Highest Positive NETGEX: $236. This level is acting as a strong resistance zone. * Gamma Walls: * 2nd CALL Wall: $240. * 2nd PUT Wall: $222.50, highlighting strong put protection below. * Highest PUT Support: $192.50. * Options Sentiment: * Implied Volatility (IVR): 62.8 (high, signaling caution for option buyers). * Call-to-Put Ratio: Skewed bullish with Calls at 16.6% dominance. Scenarios: 1. Bullish: * Entry: Above $237 (confirmed breakout). * Target: $240-$245. * Stop-Loss: Below $233 to protect against false breakouts. 2. Bearish: * Entry: Below $227. * Target: $222.50-$220. * Stop-Loss: Above $230. Action Plan: Monitor the $236.40 breakout or rejection closely. The IV levels suggest attractive premium selling opportunities, especially with resistance-heavy zones. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your due diligence before trading.
Analysis: Tesla (TSLA) is displaying a consolidation pattern following a recent decline. The price is currently hovering near the $397 level, with support at $379 and resistance at $418. The MACD is neutral, while the Stochastic RSI shows overbought conditions, suggesting a potential short-term pullback. * Key Support: $379 * Key Resistance: $418 If the price breaks above $418 with significant volume, it could test $439 as the next resistance. On the downside, a breakdown below $379 may push the price toward the $360-$350 zone. Price Action Insights: * Tesla is consolidating within a descending channel. A breakout could signal trend reversal. * Volume remains moderate, indicating indecision among traders. Trade Scenarios: 1. Bullish: Enter above $418 with targets at $439 and $450. Set a stop-loss at $397. 2. Bearish: Short below $379 targeting $360 and $350. Place a stop-loss at $400. Gamma Exposure (GEX) Analysis for TSLA Options https://www.tradingview.com/x/s7KZq1JW/ * Highest Call Resistance (Gamma Wall): $440 * Put Support: $350 * Implied Volatility (IVR): 66.1 * Call Dominance: 83% Options Observations: * Significant GEX levels at $440 suggest strong resistance, with a potential pivot at $407.5. * The $350 zone acts as a substantial put wall, providing support. Options Trading Setup: 1. Bullish Option: Buy Call at $418 strike, targeting $440. Premiums are elevated; manage risk with tight stops. 2. Bearish Option: Buy Put at $379 strike, aiming for $360-$350. Use defined risk strategies to minimize losses. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before trading.
Here on Eurusd price form a demand around level of demand zone of 1.04355 and now try to move up so trader should go for long with expect profit target of 1.04745 and 1.05167 . Use money management
FLOW ~ 1W Analysis #FLOW In Time Frame 1W re -test this support, buy from here if you still have a conviction on this coin with a minimum target of 20%++
Based on the TradingView charts showing BTC/USDT and ETH/USDT, here's my analysis: Bitcoin (BTC): - Price is moving in a short-term uptrend, breaking through key resistance around $102,000 - Shows a good Win Rate of 67% and W/L Ratio of 2.09 - Trading volume increasing during price uptrends, indicating strong buying pressure - Key support levels around $98,228 and $95,513 Ethereum (ETH): - Price is also recovering, but with slightly lower metrics - 64% Win Rate and 1.8 W/L Ratio compared to BTC - Key resistance zone around $3,800-3,900 - Important support levels at approximately $3,150-3,200 Concerns and Risks: 1. Both BTC and ETH are at historically high levels, potential profit-taking could occur 2. Need to watch for potential pullbacks or consolidation after rapid price increases 3. Market volatility remains high, as evidenced by price oscillations in the charts Future Outlook: - If BTC maintains above $102,000 firmly, it could test $105,000-107,000 levels - ETH has potential to test $4,000 resistance if it continues following BTC's movement - Important to monitor trading volumes and institutional investor movements to assess trend strength Trading Recommendations: 1. Implement appropriate risk management due to high volatility 2. Look for entry opportunities at key support levels 3. Set proper stop losses to protect against downside risks It's worth noting that the charts show multiple technical indicators and overlays that suggest both coins are in a critical phase, requiring careful position management and close monitoring of market conditions. Remember to always conduct your own research and risk assessment before making any trading decisions, as cryptocurrency markets can be highly unpredictable.
Here on Audusd price form a demand around level of support of 0.62575 and is likely to continue buying so trader should go for long with expect profit target of 0.62796 and 0.63004 . Use money management