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Gann

ETHEREUM GANN ANALYSIS 15 MIN CHART 18 AUGUST 2024 08:12:23 ISTEthereum is the second ranked bitcoin has hit an ATH at 4866.90 in Nov 2021. The Gann level to watch at all time highs was 4840 odd levels. It squaring price on monthly chart was 1090. We had made a low of 997.40 on June 2022. It was 7 months correction. Within 21 months we got a lower high of 4092.80 on March 2024. Gann level to watch was 3906.30.We made a double top with a lower high at 3973.10 in May 2024. Again Gann level of 3906.30 was important for Ethereum. August 2024 till date is 2178.90. Gann level to watch here is 2343.80 for further recovery to continue. We need to stay above 2356.30 to continue the recovery. Drop below 2343.80 the correction can continue downwards till next support of 2083.40. Important month to watch is Oct 2024. Short term traders range to watch is 2552.10 and 2604.20. We have made a double bottom at 2552.40 on 16 Aug 2024 at 06:45 IST and 2552.40 on 16 Aug 2024 aat 21:00 IST. We have double tops coming in at 2628.50 on 16 Aug 2024 at 12:30 IST and 2630.90 on 16 Aug 2024 at 23:30 IST. Breakouts on either side will happen above 2604.20 on upside and 2552.10 on downside. A stop loss of 7 points can be used by short term traders. Happy Trading !!!
FOREXCOM:ETHUSD
by kbr9121965
3
$STX Looks Strong: Could It Rally to $7?NASDAQ:STX Looks Strong: Could It Rally to $7? ➡️ Current Trend: Bullish on the higher time frame (HTF). ➡️ Key Support Level: $1.20 If $1.20 holds as support, it’s a very positive sign for STX holders. ➡️ Bull Flag Formation: - Breakout zone: $1.60 - $1.70 - If STX breaks out of this zone, it could push the price toward $5 - $7. ➡️ Accumulation Zone: - Above $1 is a good area to accumulate STX. - Below $1 could be bearish. Stay sharp and watch these levels.
Long
by CryptoPatel
1
Informed Buy Strategy for GBP/USD Description: Unlock profitable trading opportunities with our informed buy strategy for the GBP/USD pair on TradingView. This guide provides key fundamental insights that are essential for making well-informed trading decisions in the dynamic Forex market. Fundamentals Overview: 1. **Economic Indicators**: Keep a close watch on major economic data from both the UK and the US, including GDP growth, employment figures, inflation rates, and consumer confidence. These indicators significantly influence the strength and direction of the GBP/USD exchange rate. 2. **Central Bank Policies**: Monitor the Bank of England (BoE) and the Federal Reserve's monetary policy decisions. Interest rate changes, quantitative easing programs, and other policy measures can create shifts in currency demand, impacting GBP/USD. 3. **Political Developments**: Stay updated on political events and decisions, particularly those related to Brexit, UK government policies, and US fiscal measures. Political stability and changes in leadership can affect market sentiment and currency valuations. 4. **Market Sentiment**: Assess overall market sentiment and risk appetite, driven by global economic trends, geopolitical events, and investor confidence. Risk-on or risk-off environments can lead to significant fluctuations in the GBP/USD pair. Disclaimer: Trading Forex, including the GBP/USD pair, carries a high level of risk and may not be suitable for every investor. Currency markets are highly volatile, and price movements can be rapid and unpredictable. You should carefully consider your investment objectives, experience level, and risk tolerance before engaging in Forex trading. It is possible to lose more than your initial investment. Always seek advice from a financial advisor if you are uncertain about your trading strategy or the risks involved. --- Use this guide to refine your approach to trading the GBP/USD pair on TradingView. By integrating key fundamental insights into your strategy, you can make more informed decisions and better navigate the complexities of the Forex market.
Long
by MoonTradingForecast
Shiba Inu (SHIB) Rockets With Stunning 59% Volume JumpThe trading volume of popular meme-inspired cryptocurrency Shiba Inu SHIBUSD , as reported by CoinMarketCap, has seen a 24% increase over the past 24 hours, reaching $195 million. However, this figure only represents the spot market. Meanwhile, according to CoinGlass, the volume of trading in SHIB derivatives - perpetual futures, to be exact - grew by nearly 58.9% over the past day, reaching $121.3 million. Thus, we can estimate that the total trading volume of the Shiba Inu token during this period was approximately $398.83 million. The increase in trading volume indicates increased interest from market participants. However, the ratio of market capitalization to trading volume is currently 5.3%, which is within the normal range of activity.
Long
by FXBANkthe8055
Solana (SOL) Possbile liq$ grabSolana (SOL) For the past six months, Solana has been stuck in a flat trend and recently made a lower low. This is not bullish and is rather concerning for anyone hoping for higher levels. The price also closed the week with a 9% loss. While support at $130 has held well to date, this does not guarantee that it will be tested again in the future. Even if the trend is flat, the price action leans bearish, which could see bears return. Looking ahead, unless the overall market sentiment improves, Solana will struggle to rally again. The current resistance is at $164.
COINBASE:SOLUSDLong
by FXBANkthe8055
Strategic Buy Opportunity in the DJI Description: Explore a well-rounded approach to capitalizing on buy opportunities in the Dow Jones Industrial Average (DJI) on TradingView. This guide provides essential fundamental insights to help you navigate the complexities of trading this major index with confidence. Fundamentals Overview: 1. **Economic Indicators**: Monitor key U.S. economic metrics such as GDP growth, unemployment rates, and inflation figures. These indicators influence corporate earnings and investor sentiment, driving movements in the DJI. 2. **Corporate Earnings**: Pay attention to earnings reports from major corporations within the DJI. Strong earnings can boost investor confidence and lead to higher index values, while disappointing results can have the opposite effect. 3. **Federal Reserve Policies**: The Fed's stance on interest rates and monetary policy plays a critical role in shaping the performance of the DJI. Lower interest rates generally support stock market growth, while rate hikes can slow down economic expansion. 4. **Geopolitical Events**: Keep an eye on global political and economic developments that may impact market stability. Trade tensions, fiscal policies, and global economic health are crucial factors that can sway the DJI. Disclaimer: Trading indices like the Dow Jones Industrial Average (DJI) involves significant risk and may not be suitable for all investors. The highly volatile nature of the stock market can lead to substantial losses. It is important to thoroughly understand the risks involved, consider your investment objectives, and assess your financial situation before engaging in index trading. Past performance is not indicative of future results. Consult with a qualified financial advisor if you are uncertain about your investment strategy. --- Leverage this comprehensive guide to refine your trading strategy on the DJI, ensuring that your decisions are well-informed and grounded in strong fundamental analysis. Stay updated with real-time market insights and be prepared to act on buy opportunities in this influential index.
DJ:DJILong
by MoonTradingForecast
#Bitcoin Update on Friday 16.08.2024 A.O.A and Good Morning to All Brothers and Sisters. #Bitcoin Continue Dumping And Till Now No Sign For Trend Reversal. Our Sell Trade Was Confirmed Yesterday and Reached Also The First TP. What's Next? #Bitcoin Now Creating a Y Wave(Arrow#2,#4) And This Is Most Worst Wave According to Ichimoku Theories. In This Wave Bitcoin Move Without Any Rule. But i Draw The Support and Resistance Lines(Blue=4H & Black=Daily TF). I prefer To Wait Breakout of YWave Lines For Next Trades. #ALTS #Alts Are Moving With Bitcoin. And How We Know Bitcoin Dominance is Too High. #Alts Are Moving Drastically With Bitcoin Dump. Thats Why No Reason To Waste Money on Stoplosses. Be Patience and Wait For Right Moment I Wish You All Very Nice Day.
by MoonTradingForecast
BTCUSD 15 MIN GANN ANALYSIS 16 08 2024 06:16 AM ISTBTCUSD 15 minutes chart shows consolidation zone of 57139 and 57858. Breakouts on either side of both the levels. targets on upside is 58447. Target on downside is 56537. Happy Trading !!! N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
BITSTAMP:BTCUSD
by kbr9121965
RICO Auto After Multi(19)-YR Breakout @Retest Level - LT InvestRico Auto has given multi year breakout in March 2024 and now retesting the breakout level 114.40 It can be a good opportunity to enter with a stop loss below 100 on closing basis. More near 100 one takes the position, smaller the stop loss would be. For Rico auto, 225 rupees is target by size, see Fib levels.. but target by X factor is 114.40 /4.25 =26.91 * 114.40=3079 in ~6 years(19* 0.35 ) For now one can trade for target by size that is 225 which might come sooner in ~2 years. It must ideally follow the Elliott wave drawn in purple. There are Gann lines in in red color acting as resistance lines and those coming downward from top left to bottom right need to cleared on monthly closing basis to resume up move i.e. monthly close above 136 is needed. Where as The Gann line moving up from bottom left to top right, the green one must not be broken else this call most likely to fail. The Gann line in red moving up is acting as profit booking indicator, if not all partial profit booking can be done around it and buy back near orange trendline. Better the channel line drawn in Orange is not broken to make sure the stock does not loose strength and as per that 100-102 is the stop loss area as of now. The vertical lines in yellow are time cycle lines from where either it starts a new up move or down move, next that cycle starts around October 2026. ** this is not a trade advise, just my technical analysis. Please take any trade as per your analysis and study.
BSE:RICOAUTOLong
by brainyAccount81243
NASDAQ COMPOSITE INDEX DAILY CHART GANN ANALYSIS 15 AUGUST 2024.Nasdaq Composite Index made a swing low at 15222.78 on 19 April 2024. From that low we had cycle target at 17125.63 which was achieved on 05 June 2024 with a gap up. earlier we made a high at 17022.66 on 28 May 2024 and then we retraced to important level of 16490.18 on 31 May 2024. We see the next cycle birthzone level was crossed again with a gap up on 12 June 2024 and it was again retested on 24 June 2024 with intermediate high at 17650.69 on 20 June 2024 which was a double top with earlier top at 17636.36 on 17 June 2024. The second cycle target comes at 18790.62. Till date we have achieved a high of 18671.07 on 11 July 2024. We saw a good correction till 15698.49 on 05 August 2024 an Gann date. Again we have achieved the first cycle level target again at 17125.63 which was earlier achieved on 05 June 2024.We may see momentum above 17601.34 and we have supports at 16887.77. Short term traders can watch this levels for further clues on the index. Happy Trading !!! N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
NASDAQ:IXIC
by kbr9121965
7
Buy Trade Idea for #STAR Capitalizing on Promising FundamentalsDescription Crypto STAR is rapidly emerging as a strong contender in the digital asset space, driven by its innovative technology and solid fundamentals. Key points supporting Crypto STAR include: - **Revolutionary Technology:** Crypto STAR leverages advanced blockchain technology that enhances transaction speed, scalability, and security, providing a robust infrastructure for a wide range of applications. - **Strong Ecosystem Growth:** The Crypto STAR network is experiencing significant growth, with a rising number of decentralized applications (dApps) and partnerships, contributing to its expanding use cases and market presence. - **Sustainable Tokenomics:** Designed with a sustainable tokenomics model, Crypto STAR ensures a balanced distribution of tokens, which supports long-term value appreciation and network stability. - **Low Transaction Fees:** The platform’s efficient architecture allows for minimal transaction fees, making it an attractive option for users and developers looking for cost-effective solutions. Given these compelling fundamentals, Crypto STAR presents a promising buy opportunity for those looking to invest in a cryptocurrency with strong growth potential and market adoption. Disclaimer Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Long
by MoonTradingForecast
BANK NIFTY GANN ANGLES AND PRESSURE DATES 14 AUGUST 2024Bank nifty has broken the important level of 50022.85 on the chart yesterday. We have a pressure dates on 07 August 2024, 20 August 2024 and 27 August 2024. We have failed to the level of 51134.70 on the charts. Remember the exit polls high of 51133.30. we have next supports at 49189.15 and 48911.70. Below 48911.70 we may see deeper correction. For any recovery to start on the index we need to cross the 51134.70 level. We will observe further movements or price action around the pressure dates given above. Happy Trading !!!
NSE:BANKNIFTY
by kbr9121965
Buy Trade Idea for CRV Capitalizing on DeFi Growth Description CRV (Curve DAO Token) is a key player in the decentralized finance (DeFi) space, offering robust fundamentals that support its potential for long-term growth. Here are the critical aspects of CRV: - **Dominant Position in DeFi:** CRV is the governance token for Curve Finance, one of the largest decentralized exchanges (DEX) focused on stablecoin trading. Its role in the DeFi ecosystem gives it significant utility and influence. - **Efficient Liquidity Provision:** Curve Finance is known for its efficient liquidity provision, low slippage, and minimized impermanent loss, which enhances the attractiveness of CRV to liquidity providers and traders. - **Strong Community and Governance:** CRV holders have a say in the protocol’s development and direction through decentralized governance, ensuring that the community has a direct impact on the platform’s future. - **Growing Ecosystem:** CRV’s integration with various DeFi platforms and protocols continues to expand, driving further adoption and use cases for the token. These strong fundamentals make CRV a compelling buy opportunity for those looking to invest in the ongoing growth and influence of the DeFi sector. Disclaimer Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Long
by MoonTradingForecast
1
BANKNIFTY DAILY CHART GANN ANALYSIS 13 AUGUST 2024"A picture is worth a thousand words" is an adage in multiple languages meaning that complex and sometimes multiple ideas can be conveyed by a single still image, which conveys its meaning or essence more effectively than a mere verbal description. A pic with thousands words. Level to watch is 49717.80. I am loving it. Happy Tradiing !!! N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
NSE:BANKNIFTY
by kbr9121965
S&P 500 INDEX GANN ANALYSIS DAILY CHART 13 AUGUST 2024S&P 500 saw an exact "Hit and Run" case on recent swing low. The recovery thereafter is another important level of 5366.32 seen on charts. we need to watch this level for further growth. Supports at 5253.16 and thereafter at 5159.64. Happy Trading !!! N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
CBOE:SPX
by kbr9121965
EURCAD 12.8 - XIt's a fresh new week ahead of us! Hello, traders. Let's start by analyzing EUR/CAD. As you can see, the target for sells from the previous week was reached. So, here's what I'm focusing on now: Ideally, I'd like to see some signs of strength, which is what I’m watching for on smaller timeframes. Buys remain valid until the break of the low. If the price goes lower, the Point of Interest (POI) will be adjusted. I will only post new analyses for some setups, as I’ve mainly updated ideas with comments on the existing ones.
Long
by Tilen_FX
1
#ONDO - Capitalizing on a DeFi Game-Changer Description ONDO is quickly becoming a prominent player in the decentralized finance (DeFi) space, offering unique features and a strong value proposition. Key fundamentals of ONDO include: - **Innovative Yield Strategies:** ONDO provides users with access to structured yield strategies, allowing for a more tailored approach to earning returns in the DeFi ecosystem. - **Partnerships and Integrations:** The ONDO protocol has secured significant partnerships with leading DeFi platforms, enhancing its utility and adoption across the industry. - **Risk Management Tools:** ONDO offers built-in risk management features that help users navigate the volatility of the DeFi market, making it a safer option for investors. - **Growing User Base:** As more users recognize the benefits of ONDO’s unique offerings, the platform is experiencing steady growth, contributing to its long-term potential. Given these strong fundamentals, ONDO presents a compelling buy opportunity for investors looking to engage with a transformative force in the DeFi sector. Disclaimer Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Long
by MoonTradingForecast
1
Buy Trade Idea for Threshold Tapping Into Secure DeFi Solutions Description Threshold (T) is a cryptocurrency project that stands out for its focus on privacy, security, and decentralized finance (DeFi). Here are the core fundamentals driving interest in Threshold: - **Privacy-Preserving Technology:** Threshold combines advanced cryptographic techniques to protect user data and ensure privacy, making it a leading choice in the privacy-focused crypto space. - **Decentralized Infrastructure:** The project leverages a decentralized network to provide secure, permissionless services, including staking, lending, and cross-chain functionalities. - **Innovative Use Cases:** Threshold enables users to mint tBTC, a fully decentralized Bitcoin on Ethereum, allowing for a secure bridge between Bitcoin and the DeFi ecosystem. - **Strong Community and Partnerships:** The Threshold project benefits from a strong, active community and strategic partnerships with key players in the blockchain industry, further solidifying its position in the market. These fundamentals suggest that Threshold has significant potential in the growing DeFi landscape, presenting a promising buy opportunity for investors. Disclaimer Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Long
by MoonTradingForecast