BAKE/USDT Bullish Breakout UpdateBAKE/USDT Bullish Breakout Update 🚀
$BAKE is looking strong after breaking out of a bullish pennant pattern, which means it could make a big move soon.
▪️ Buy Zone: $0.31 - $0.40
▪️ Targets: $0.71$1.24$2.23$4.04$8.27
▪️ Stop Loss: $0.20
This breakout is visible on the higher time frame, so the targets are expected to be big.
Keep an eye on this opportunity.
Remember to trade carefully and manage your risk.
#BAKE #Altcoins
Trading!
Deep Downtrend and Gap AnalysisThe GBP/USD 4-hour chart shows a clear downtrend, with price consistently moving below both the 34 and 89 exponential moving averages (EMAs), which is a clear indication of the strength of the current downtrend. These EMAs are also acting as strong resistance levels, preventing any further price recovery.
From the chart, it appears that a gap has been created during the price decline. In the short term, if price starts moving back to “fill the gap” and breaks above this level, it could signal a reversal or at least some stabilization before resuming the current trend. However, if price continues to fall and fails to return to fill the gap, this would further reinforce the downtrend and could test lower support levels.
Gap Analysis and Gap Filling PotentialThe EUR/USD chart shows a gap, which occurs when the price jumps across a certain range without any trading taking place between the two prices. Currently, the price pattern suggests that there is a possibility of a gap filling, meaning that the price could move back to fill the gap in the near future.
This usually happens when the market reacts to a sudden and unsustainable price move. The gap filling is likely to occur if EUR/USD continues to decline and approaches the key support level at 1.0400, a point where many traders may use to re-price or place new buy orders. This is an important move to watch, as it could influence the short-term trend and momentum of the market.
Gold Rebounds Strongly After US ElectionThe current chart shows that gold has made an impressive recovery after two consecutive weeks of losses, with a clear increase, marking an increase of $135/ounce in the past week. This comes amid a gradual replacement of the pessimism following Donald Trump's election victory by renewed optimism among traders and experts.
Through chart analysis, it is clear that gold is in a strong recovery process. The short-term EMA has crossed above the long-term EMA, indicating a positive trend reversal. This is in line with the results of the latest Kitco News survey, where the majority of experts (89%) and retail traders (66%) predict that gold prices will continue to rise in the coming week.
Looking ahead, I expect this optimism to continue to support gold prices, at least in the short term.
Gold Surges: Political Momentum and New OutlookAmid the escalating Russia-Ukraine conflict, gold witnessed a sharp increase in price, closing at $2,716/ounce, reflecting strong demand for safe-haven assets. This recovery was evidenced by the price of gold breaking above both the 34 and 89 EMAs, indicating a reversal from the previous downtrend and opening up a positive outlook for prices in the short term.
I assess that global political factors along with the upcoming US economic policy will continue to be the main factors affecting gold prices. Investors should pay attention to these developments when making investment decisions in the current context.
EUR/USD Faces Strong Bearish Pressure: Is 1.0390 a Stop?The EUR/USD chart is currently showing a clear bearish trend as the price continues to stay below both the Bollinger Bands and the SMA. In particular, the downward cross of the SMA by the price line indicates that the bearish momentum is still very strong.
From a technical perspective, the next important support level could be at 1.0390, if the downtrend continues. It will be important to monitor whether EUR/USD can stabilize and recover at this level, or if it continues to decline. The recovery could be difficult as the short-term moving average (SMA) and the Bollinger Bands are still above the current price, forming strong resistance.
Overall, the current trend shows challenges for the euro, and I will continue to closely monitor the technical indicators to adjust my trading strategy accordingly
TRADE PLAN ON TITAN Titan Stock Swing Trade Idea
1. Trend Analysis: The stock is in a strong uptrend, indicating positive momentum and investor confidence.
2. Demand Zone: It has reached a strong demand zone, a key level where buying interest is likely to emerge, providing potential support for price recovery.
3. Technical Patterns:
Weekly Timeframe: A shooting star-like pattern indicates possible hesitation or reversal after a strong upward move.
Daily Timeframe: A bullish engulfing pattern signals a potential continuation of the upward trend, confirming buyer dominance near the support zone.
4. Moving Average Support: The stock is taking support at a key moving average , adding to the confluence of bullish signals.
Trade Plan:
Entry: Consider NSE:TITAN the current demand zone or after confirmation of bullish momentum (e.g., a breakout above recent highs).
Stop-Loss: Place below the recent swing low or moving average support for risk management.
Target: Aim for the next resistance zone or a measured move based on the uptrend continuation.
Risk Note: Watch for a confirmed breakout or breakdown from current levels, as the shooting star pattern in the weekly timeframe could indicate selling pressure if demand fails to
#stockmarket #nifty50 #swingtrade #titan
DOGS/USDT Ready for a Big Move – 200% Gains PossibleDOGS/USDT Ready for a Big Move – 200% Gains Possible
Price Level: SEED_ALEXDRAYM_SHORTINTEREST1:DOGS is currently trading at $0.00067, positioned just below a key resistance zone at $0.00072. A breakout above this level could confirm a bullish trend continuation.
Resistance Zone:
Immediate Resistance: $0.00072Multiple rejections at this level suggest strong seller activity, but a sustained push could trigger a breakout.
Support Levels:
Primary Support: $0.00065Strong Support Zone: $0.00060
Trend Analysis:
▪️ The asset has retraced 72% from its All-Time High (ATH) and remains 59% below ATH.
▪️ Price is consolidating within a tight range, indicating potential accumulation.
Breakout Expectation:
A breakout above $0.00072 could open the path for a 200% upside move, supported by the historical resistance-turned-support principle.
Entry Zones:
▪️ Initial Entry: $0.00067 (CMP)
▪️ Secondary Entries: Between $0.00065-$0.00060
Targets:
1️⃣ $0.00083
2️⃣ $0.00111
3️⃣ $0.00156
4️⃣ $0.003
Stop Loss: To minimize risk, I am placing a stop loss at $0.00058, below the strong support zone.
Always apply proper risk management and conduct your own analysis before trading.
Data Trading in optionsOptions data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers.
By analysing the information provided in the option chain, traders can identify potential trading opportunities and make informed decisions about buying or selling options contracts. Option chains are used by traders to analyse and evaluate the market's expectations of an asset's future price movements.
Option chainAn options chain displays all available option contracts for a security, organized by expiration date and strike price. Options chains typically show each contract's bid price, ask price, volume, open interest, and implied volatility (IV).
Option chains also allows traders with the option to select the best expiration date for their options trading. The option's expiration date is the day it will stop being tradeable. Traders may use the option chain to identify the expiry date that provides the optimal balance of risk and return for their transaction.
Database Trading Typically a trading dataset will provide information about trades that are made over the course of the day. This includes various different details about the trades, such as the bid, bid size and ask size. This information is known as quote data.
Results show that migration to a MongoDB database would be most beneficial in terms of cost, storage space, and throughput. In addition, organisations wishing to take advantage of autoscaling and the maintenance power of the cloud should opt for a cloud native solution.
SMC Trading with Professionals In conclusion, Smart Money Concepts (SMC) provides traders with a strategic framework that focuses on understanding the actions and motives of market makers, particularly institutions such as banks and hedge funds.
It compares favourably to other strategies, such as swing trading and scalping, although each are much more appropriate in a short term timeframe. If you are looking for the latest and greatest strategy traders are raving about, then SMC might be a great fit for you.
DOT/USDT 500% Potential: will it Hit New ATH ?#Polkadot ( CRYPTOCAP:DOT ) Bullish Chart Analysis
🔹 Performance: In just 25 days, DOT has surged 180%, showing strong bullish momentum.
🔹 Entry Strategy: Price is settling—look for the best entry zone for potential gains.
Best Entry Zone: $7.80 - $6.50 (Key FVG area).
Targets: $16 / $23 / $32 / $45 / Bonus Levels 🚀
Red Box Insight:
Strong Resistance Zone: Watch the red box closely.
Breakout Potential: If DOT breaks the red box, it could trigger a massive upward rally.
Support Flip: After breaking, this resistance will turn into a strong support zone.
⚠️ Risk Note: This entry carries risk. If you decide to enter, use a minimum amount and manage your risk carefully.
PROS/USDT 300% Potential as per chart analysis#PROS/USDT Chart Analysis
🔹 Support Level: PROS is holding strong above the $0.60 support level.
🔹 Potential Upside: If $0.60 support holds, targets of $2-$3 are possible in the coming days.
Risk-Reward Ratio:
Risk: ~20% (if it goes below $0.60).
Reward: 200%-300% potential gains.
Pro Tip: Always consider your risk-reward ratio and follow strict risk management.
$MKR Chart Looks Strong: Heading for a New All-Time High?ASX:MKR Chart Looks Strong: Heading for a New All-Time High?
#MAKER is looking strong and trying to break through the red resistance zone. If it breaks this level, the price could go as high as $6000, reaching a new all-time high!
Key Details:
▪️ MKR is breaking a major resistance level.
▪️ Based on past patterns, MKR could give up to 500% gains from here.
My Plan:
▪️ Entry Zones: $1700 - $1600
▪️ Targets: $2800/$3775/$5800/ New ATH
▪️ Stop Loss: $1400
Stay tuned! This could be a big move for #MKR 🚀
$MKR Chart Looks Strong: Heading for a New All-Time High?ASX:MKR Chart Looks Strong: Heading for a New All-Time High?
#MAKER is looking strong and trying to break through the red resistance zone. If it breaks this level, the price could go as high as $6000, reaching a new all-time high!
Key Details:
▪️ MKR is breaking a major resistance level.
▪️ Based on past patterns, MKR could give up to 500% gains from here.
My Plan:
▪️ Entry Zones: $1700 - $1600
▪️ Targets: $2800/$3775/$5800/ New ATH
▪️ Stop Loss: $1400
Stay tuned! This could be a big move for #MKR 🚀
Professional TradingWhat Is Technical Analysis?
Technical analysis is a method of evaluating statistical trends in trading activity, typically involving price movement and volume. It is used to identify trading and investment opportunities.
Unlike fundamental analysis, which attempts to evaluate a security's value based on financial information such as sales and earnings, technical analysis focuses on price and volume to draw conclusions about future price movements.
Key Takeaways
Technical analysis is used to evaluate price trends and patterns and thereby identify potential investments and trading opportunities.
Technical analysts believe past trading activity and a security's price changes can be valuable indicators of the security's future price movements.
Technical analysis may be contrasted with fundamental analysis, which focuses on a company's financials rather than historical price patterns or stock trends.
Technical analysis was introduced by Charles Dow.
HCLTECH |Upcoming Trade set up|Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Ascending Triangle Pattern in Daily TF.
* From Sep 2024 to Nov 2024 Tested & Moving Near Resistance Many times.
* It's Near resistance Zone and trying to Sustain Near Resistance Zone with good volume good closing required.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Advanced Technical TradingWhat Is Price Action?
Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analyses of a stock, commodity, or other asset charts.
Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions.
Key Takeaways
Price action generally refers to the changes of a security's price over time.
Different looks can be applied to a chart to make trends in price action more obvious for traders. This is especially true when analyzing data covering different time periods.
Technical analysis formations and chart patterns are derived from price action.
Technical analysis tools like moving averages are also calculated from price action and projected into the future to inform trades.
Though many use price action to forecast future prices, prior price action does not guarantee future results.
TCS FOR SWING TRADETCS Swing Trade Idea
Timeframe: Weekly
Observation:
TCS has entered a strong demand zone on the weekly chart, indicating a potential reversal or continuation of an upward trend. The price action suggests that buyers are actively defending this zone, providing a solid risk-to-reward opportunity.
Analysis:
Demand Zone: Clearly visible on the weekly timeframe, supported by historical price reactions.
Volume Profile: Higher buying volumes observed near the demand zone, adding conviction.
Risk-Reward Setup: Place a stop-loss slightly below the demand zone with targets at key resistance levels (based on Fibonacci or previous highs).
Disclaimer: This is for educational purposes and not financial advice. Please do your due diligence before trading.
EUR/USD: Bearish Pressure Continues, 1.0560 Is KeyEUR/USD on the 1-hour chart is currently showing signs of a slight recovery from the lows around 1.0520. However, the main trend is still tilted to the downside as the EMA 34 and EMA 89 continue to lie above the price, reflecting that selling pressure has not abated.
Personally, I think the bearish trend is still dominant and the 1.0560 area will be the deciding point whether the exchange rate can continue to recover or not. If it fails to overcome this resistance area, the possibility of EUR/USD continuing to fall to the 1.0520 area and even deeper is very high.