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Trade Setup: SOL Long PositionMarket Context: SOL is currently trading at resistance, and a small retrace is expected, providing a better level to enter into a trade. Trade Setup: Entry: Enter a trade at a retest of the $145 - $150 area of support. Take Profit: First target: $163.50 - $176.00 Second target: $188.50 - $200.00 Stop Loss: Place the stop loss just below $135 to allow for some volatility. 📊 Keep an eye on the price action and be ready to adjust the entry based on market conditions. #SOL #CryptoTrading #TradeSetup 🎯
Long
by Richtv_official
TIAUSDT | ARE WE GOING UP?Is a new bull market on the horizon? It just might be! Let’s dive into why TIAUSDT looks so promising right now. Market Context The crypto market is showing signs of life, and TIAUSDT could be poised for a significant move. Bullish Signals • Key Support Break: Recently, TIAUSDT broke through a key support level with significant volume, often a precursor to upward momentum. • BTC Sentiment: Bitcoin’s sentiment is bullish, and as the market leader, BTC often sets the tone for altcoins. A bullish BTC means good news for TIAUSDT. • Volume Surge: The volume spike indicates strong buying interest, suggesting that traders are gearing up for a potential rally. Strategy Given the bullish signals, I’m looking to ride the wave with TIAUSDT. Let’s capitalize on this potential move upward. Action Plan Going long on TIAUSDT, targeting higher levels as the market sentiment shifts. Could we be at the start of a new bull market? Let’s find out! 🚀💥 Good luck, everyone! #minno #TIAUSDT #CryptoTrading #Bullish #MarketAnalysis #Uptrend #Altcoins #BTC #StayTuned
Long
by minno91
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking at the key levels to give us RIPs. We started the week with a decent short into the support levels where we suggested the move could take us back into the 2350-55 region if 2370 was broken. That move gave us a wonderful opportunity to then capture that long trade we wanted taking us up into the Excalibur targets. During the week, we updated traders with our plans and continued to look long completing the week where we are now, but not the whole move! A wonderful week for us on Gold and all the other pairs we trade and post targets for in Camelot. So, what can we expect from the week ahead? This week we’ll keep it simple and say expect more aggressive price action as well as a potential gap on opening! We have the key levels above sitting at 2420 and above that 2430-35 resistance. Below we have 2402 and 2395-90 support which need to hold price up in order for us to continue upside in attempt to create a new all time high. We’ll start the week with caution and suggest going long up here is a little risky, so instead, we’ll be looking for the resistance level to hold down the price, and upon a confirmed reversal, we feel there may be a short trade on the cards into the lower support levels. The first level we feel there may be a small RIP is the 2430-35 region, but only for scalping into immediate support levels. It’s that level above, 2460-75 which is a huge region that is sticking out to us at the moment, and if propelled into, could give us the opportunity for a nice short trade. If held and upon a clean set up. On the flip, we need to break below 2395 and close below it in order to then see lower pricing, so if there are any aggressive whipsaws, expect price to target that region and take the BE traders from Friday. KOG’s bias for the week: Bullish above 2390 with targets above, 2430 and above that 2350 Bearish on break of 2390 with targets below 2375 and below that 2365 As we said above, it’s a simple and quick report this week, we’ll update traders as we usually do through the week. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
14
Nifty Short, Medium & Long Term view 15-Jul-24 to 19-Jul-24Nifty Short, Medium & Long Term view 15-Jul-24 to 19-Jul-24 Nifty closed at 24509 and touched low & high of 24230-24591 Market sustained above 24280 and closed at 24509 last week. RSI and stochastics levels was marginally down last week (72 % & 92% Respectively). Stochastic level for past 1 month is flat and sustained above 90. last such time happened in Nov 23-jan-24. Caution to be emphasized as nifty PE in record high level. Awaiting Budget by month end and Q1 results in the following days. Deploy stop loss of upto 7%-8% ( Nifty 22800 level) which is crucial. Market have high potential to touch Psychological 25000 Mark/ 25200 ( Fib Resistance)/ 25500 ( Fib Resistance). Nifty 24509- Short term (Neutral to Up) Nifty short term target 25000. Support around 23600. Nifty at PE 23.3 crossed 5 year historical average 23.1 hence to be cautious. Medium Term ( up) Resistance 25224( Fib Resistance), 25542 ( Fib Resistance) which is % of difference between Mar 23 low and Sep 23 high low from Sep23 high shown as vertical line Medium term Support - 22800 /22300 Long Term (1-3 years) Nifty have strong resistance at 27000 ( Fibonacci Resistance). If market close above 25580 decisively. Support at 20800 ( Fib Support) 20225 / 20000 ( Fib Resistance),19500 expected in 2024. Nifty bank 52296 - Index went upto 53400 ( Resistance) and came down as proposed from 47250 level nifty bank jumped more than 10%. Caution to be emphasised as nifty bank reached critical resistance. It need to cross and move up decisively this current zone. Slowly Can consider to book partial profits in Nifty Bank on every rise. Investment decision in Nifty bank, bank stocks helped in portfolio. Stock Picking is needed at this crucial nifty, Nifty Bank, Nifty auto, Nifty Pharma stocks. As insisted for last 3 months Banks & Finanace Stocks are really good and will give good results, as expected Q4 results are good especially for Axis Bank ,ICICI Bank, HDFC Bank, SBI ( Buy on dip) and Indus Ind Bank ( Buy on dip). Following Finance Stocks can be added as it posted good results are Manappuram Finance, suryoday small fin,Motilal Fin, Chola Finance, ICICI Securities. Other stocks like Dr Reddys, Natco Pharma, Cipla, JK Cements, Biocon, Coforge & persistent Sys can add these stocks to portfolio. There is a possibility of dip to 21000-22000, hence please buy in parcels and every dip of Index and every dip of individual stocks (2-5% of portfolio on each purchase for long term) The above stocks mentioned are based on analysis of top line & Bottom line performance, hence based on the risk and portfolio mix one can add after analysis. Comments : Post Elections, if Market need to grow higher by reduction of interest rate by RBI on a staggered manner till it reaches 5% ( in span of 2-3 years ). US fed rate reduction also expected from Aug/ Sep 2024. Market may correct if any global news upto19500 as there is strong multiple fib support in this range. Nifty IT 39251, indices broke the Major support at 33350 and went down upto 32420. Currently Nifty up anc crossed resistance 38569 decisively. Tech stocks revived in last one month session. Nifty IT Stocks like TCS, Infosys, Wipro gave muted results in Q4 2024. Awaited results in the following week.
NSE:NIFTY
by karthikss
S&P Bulls Defy Expectations; New Historical HighLast week, the bulls did something remarkable. At the start of the week, there was a clear bearish reversal pattern forming on the daily chart. Despite being a believer in the bulls (given the strength of the weekly chart), I was still quite certain that sellers would at least be able to take down the weak low from the last week of June (SPX 5,448). However, instead of breaking through, the sellers made only a weak attempt on Monday. After a brief pause, the market rallied, breaking through all previous highs. It is hard to grasp such a change in sentiment, especially since there was nothing particularly surprising in the economic data or the FOMC announcements. Sometimes, it seems that the market itself is confused, and the best we can do is observe its behavior day by day and make quick adjustments to our strategy. There was absolutely no clear reason behind the sell-off on Friday the 28th (presidential debates? really???), but we had to trust price action and let it shape our strategy. Only now can we conclude that it was a “fake” weakness (actually, we already started suspecting it on Tuesday). More likely, it was temporary confusion in the market, caused by many contradicting political and economic signals. The current outlook is bullish. The market has set a new high, and the majority of sectors ended the week strong (see Market Inner Strength Index). The only possible warning is that the weekly RSI is approaching the overbought condition. The last time this happened (at the end of March), it triggered a weekly consolidation, but again, nothing is certain. P.S. this week is heavily packed with economic data releases. Also, banks report on Friday. Things might change really fast Disclaimer I don't give trading or investing advice, just sharing my thoughts.
SP:SPXLong
by hermes_trisme
REZUSDT | CONTINUATION DOWN?Asia session insights: Are we heading lower? The stage is set for a potential sell-off, and REZUSDT could be in the spotlight. Market Context Bitcoin is still trading in a downtrend, and even a small downward movement could trigger a larger sell-off in the altcoin market. Let’s see if REZUSDT will follow suit. Bearish Signals • BTC Downtrend: Bitcoin continues its downward trajectory, putting pressure on the entire crypto market. • Asia Session: Historically, the Asia trading session can see significant movements. If BTC drops, it could accelerate sell-offs in altcoins like REZUSDT. • Price Action: The recent price action in REZUSDT shows weakness, with lower highs and a potential breakdown from current levels. Strategy Given the current market conditions and the bearish signals, I’m betting on a downward continuation for REZUSDT. Let’s capitalize on this potential move. Action Plan Going short on REZUSDT, targeting a continuation of the downward movement. Are we going to see a further drop during the Asia session? Let’s find out! 🚀💥 Good luck, everyone!
Short
by minno91
BTC Analysis | Bearish Trend and Key Support Levels 1D TFIn the last major rally, BTC needed approximately $522 billion to drive a 51% surge. Data from Feb 5 to Mar 4, 2024, highlights the substantial capital influx required for such a rise. Given current market dynamics, the availability of similar liquidity to ignite another significant price jump seems unlikely. 1D TF highlights a key support level around $ 53K ~ $ 50.5K. This range is crucial to monitor before expecting further price drops. Additionally, there's a strong resistance zone at $60K ~ $65K. Bitcoin is likely to test the $ 65K resistance level before resuming its decline. 🔴 Still Keeping My Bear Stance 🧸 I’m waiting for the Price RANGE of $ 30K ~ $ 25K to open a LONG Position. Disclaimer: NFA ➖ DYOR 🧠 💡 Open for discussion on this analysis 💬
COINBASE:BTCUSD
by TeddyVizion
BTCUSDT | UP UP UP!Are we finally going up? It’s quite possible! Market Context Bitcoin is showing strong signs of a potential upward movement. Despite a poor weekly candle close, this might be a clever fakeout designed to shake out the shorts. Let’s dive in! Bullish Signals • Weekly Liquidity: There’s a ton of liquidity above $72K, and Bitcoin loves to chase liquidity. • Bullish Divergence: On the daily chart, we see a bullish divergence forming. This is often a precursor to significant upward moves. • Weekly Uptrend: We’re still trading within an uptrend on the weekly chart. • Engulfing Candle: A huge bullish engulfing candle post-divergence indicates that the bulls are back in action. Strategy I’m betting on a substantial upward move for BTCUSDT. Targeting SWB:69K as TP1, and who knows? $100K could be on the horizon. It’s not just a dream—it’s a real possibility given the current setup. Action Plan Going long on BTCUSDT. Let’s ride this wave and aim high! Good luck, everyone! 🚀🌕
Long
by minno91
Bitcoin Faces Key Technical Challenges Amid Holiday SelloffSignificant Selloff: Cryptocurrencies experienced a significant selloff during the holiday trading week, causing Bitcoin to break below the lower trendline of its symmetrical triangle pattern. Chart Pattern Shift: The chart pattern could be changing, and a further drop is possible unless we witness a false breakdown. Key Support and Resistance Levels: Support: Key support is holding in the $50,000-$55,000 zone after breaking the $60,000-$62,000 support. Resistance: The previous support zone of $60,000-$62,000 now acts as resistance. Reclaiming Crucial Levels: Bitcoin needs to reclaim the $60,000-$62,000 zone to overcome these technical challenges and mitigate the current bearish outlook. Short-Term Downtrend: A lower low on May 1 and a lower high on June 7 indicate a short-term downtrend. Despite this, there is potential for Bitcoin to reach new all-time highs. Tempering Bullish Sentiment: While we believe Bitcoin can achieve new all-time highs, it's important to temper the recent high bullish sentiment with cautious optimism. Stay informed and manage your positions carefully during this crucial period! ⚠️📉📈 #Bitcoin #BTC #Crypto #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #Trading #SupportAndResistance #Volatility
BITSTAMP:BTCUSD
by Richtv_official
2
Cava Group (CAVA) AnalysisRapid Expansion and Market Growth: Cava Group NYSE:CAVA Group, a Mediterranean fast food chain, is rapidly growing with 323 locations and aims to reach 1,000 by 2032. This expansion could triple its annual revenue. Cava leverages AI to improve order accuracy and service speed, boosting financial performance. Financial Performance and Profitability: In Q1 2024, Cava reported a 25.2% profit margin and $19 million in operating income. Its strong unit economics suggest it can fund growth and remain profitable. Since going public, Cava's EBITDA nearly doubled in the latest quarter, showcasing financial strength. Investment Outlook: Bullish Outlook: We are bullish on CAVA above the $82.00-$83.00 range. Upside Potential: With an upside target set at $125.00-$126.00, investors should consider Cava's strategic growth plans and financial robustness as key drivers for potential stock appreciation. 📊🥙 Monitor Cava Group for promising investment opportunities! #CAVA #FastFoodGrowth 📈🔍
NYSE:CAVALong
by Richtv_official
AKROUSDT | Bearish Vibes Ahead?Market Context The market’s got a bearish vibe, and with the weekend approaching, we might see some significant downward movements. Time to capitalize on the bearish trend! Chart Analysis • Weekend Strategy: Weekends often bring volatility, and with the current bearish sentiment, AKROUSDT looks primed for a move down. • Bearish Signals: Technical indicators are flashing red, suggesting a potential drop is imminent. Strategy I’m shorting AKROUSDT, riding the wave of bearish momentum. The setup is perfect for a weekend trade, with all signs pointing to further declines. Action Plan Entering a short position on AKROUSDT to take advantage of the anticipated bearish action. Let’s see if we can turn this market sentiment into profit! Let’s nail this bearish trade! 📉🔥
Short
by minno91
ALTUSDT | Preparing for Another Leg Down?Market Context Bitcoin’s downward trend suggests we might see more bearish action in the coming weeks. As BTC drops, the ripple effect is likely to hit the entire market, making ALTUSDT a prime candidate for further declines. Chart Analysis • BTC Influence: Bitcoin is leading the market downwards, and ALTUSDT is poised to follow. • Bearish Indicators: Technical indicators and market sentiment are aligning to signal more downside for ALTUSDT. Strategy I’m going short on ALTUSDT, betting on another leg down. The current market conditions provide a solid setup for this move. Action Plan Entering a short position on ALTUSDT to capitalize on the expected bearish trend. Let’s see if this theory holds true and delivers some solid gains on the downside. Let’s catch this wave down together! 📉🔥
Short
by minno91
USD/JPY - Bullish Trend ContinuationThis morning, the focus is on the Dollar-Yen pair. The bullish trend is evident across all timeframes. Yesterday, we observed a strong break of the reversal structure at 161.269 after reaching a momentum high of 161.95. This break is crucial for the continuation of the bullish trend. Following the break, a bullish pattern has formed, and the price has moved into the Fibonacci buy zones of the initial move. Given this setup, the high probability action is to buy or do nothing above 161.57. Stop Loss: 161.14 Target 1: 162.35 Always think in probabilities.
Long
by Charts247TradingAcademy
VET Set for Major Gains: Preparing for Alt Season SurgeVeChain (VET) is part of a blockchain platform that enhances supply chain and business processes. It improves transparency, traceability, and efficiency across various industries, including healthcare, agriculture, luxury goods, and logistics. With the VET coin serving as a transactional token, companies can ensure the authenticity and quality of their products. Currently, VeChain shows significant potential. With a maximum circulating supply of 86.713 billion tokens, about 93.39% already in circulation, VET is poised for growth. The alt season is between Q4 2024 and Q1 or Q4 2025, during which the market is expected to see a substantial increase in volume. This period could present an excellent opportunity for VET to make significant gains. At present, VETUSD's strong support level is at $0.02443. If this support holds, we could see a significant upward movement. However, if it breaks, the next strong support lies at $0.2028, from where a bounce is expected. We anticipate market volume to start increasing from October 2024 onwards, signaling the beginning of a bullish phase. Based on our calculations, VET's bull run targets a minimum of $1 by Q1 2025. If VET flips the $1 resistance by Q1 2025, the maximum target could reach $11.2 by Q4 2025. Alt season often brings unexpected price surges, and we might see similar volatility this time. It's crucial to monitor the resistance zones and manage trades accordingly. We recommend exiting long positions around Q1 or Q4 2025 to capitalize on the bull run and alt season's end. For more detailed analysis like this, follow us on TradingView to stay updated with our latest ideas. Share your thoughts in the comments, and let us know if you need analysis on any specific coins. We're here to provide insights and help you make informed trading decisions.
CRYPTO:VETUSDLong
by Houseofcryptokings
4
XRP Bullish Symmetrical Pattern Breakout: Potential Gains Ahead!XRP Ledger's native digital currency, XRP, operates on an open-source, permissionless, and distributed ledger that settles transactions in 3-5 seconds. It can be sent directly without needing an intermediary, making it a convenient instrument to bridge two currencies quickly and efficiently. Currently, there is significant potential seen in XRP, as it is forming a bullish symmetrical pattern over a long time frame. This pattern emerged after the downtrend starting on December 25, 2017, which lasted until 2020. During the 2021 bull run, price movements were within this pattern. It is expected that in the 2025 bull run, XRP will break this pattern’s resistance, leading to substantial gains. This pattern is likely to be completed in 2024 or 2025. XRP has a maximum circulating supply of 100 billion tokens, with approximately 55.69% of the supply currently circulating. The alt season is anticipated to begin around Q4 2024 or Q1 and Q4 2025, bringing substantial volume across the market. XRP has the potential to provide significant gains, with strong support currently at $0.4496, from where a substantial upward movement is expected. If this support level breaks, the next strong supports are at approximately $0.2474 and $0.22, where a bounce is likely. As the alt season is approaching, we expect market volume to start increasing post-October 2024, leading to noticeable market momentum. It is crucial to exit the market around Q1 or Q4 2025, as the bull run and alt season are expected to end around this time, with prices potentially near these resistance levels. Calculations indicate that XRP's bull run targets could reach a minimum of $11.56. If XRP flips the $11.56 resistance by Q1 2025, we might see maximum targets around $14.02. Prices tend to pump unexpectedly during alt seasons, and similar volatility can be expected again. However, it is important to keep trades active while observing resistance zones and to exit long positions around Q1 or Q4 2025. For more analysis like this, follow us on TradingView to stay updated with our latest ideas. Share your thoughts in the comments, and let us know if you would like an analysis of any specific coin or project. We are here to provide you with detailed insights to help you make informed trading decisions.
CRYPTO:XRPUSDLong
by Houseofcryptokings
LEVERUSDT | Another Shot at the Moon?Market Context Yesterday’s trade on LEVERUSDT was almost a win, but we got stopped out just before the price shot up. Let’s not miss out this time! Chart Analysis • Bullish Momentum: LEVERUSDT showed strong potential for an upward move, and despite yesterday’s stop out, the bullish signals remain intact. • Demand Zone: The demand zone we identified is still a prime spot for entering a long position. Strategy I’m going long from the demand zone once again, confident that today’s move will play out in our favor. The setup is too promising to pass up! Action Plan Re-entering at the demand zone, ready to capitalize on the bullish momentum. Let’s hit that profit target this time and ride the wave to the top! Let’s go, traders! 🚀📈
Long
by minno91
EGLDUSDT | Ready for Another Surge?Market Context EGLDUSDT has been on a fantastic upward trajectory, and it looks like the momentum might continue! This could be a golden opportunity for a quick trade with an impressive risk-reward ratio of 4.5:1. Chart Analysis • Strong Upward Movement: EGLDUSDT has been climbing steadily, showing strong bullish momentum that could push it even higher. • Bullish Indicators: Various technical indicators are aligning to suggest that this upward movement has the potential to continue. Strategy I’m diving in with a trade aiming for a 4.5:1 risk-reward ratio. This setup is all about capturing the next leg up in EGLDUSDT’s bullish run. Action Plan Setting my entry and watching closely. If EGLDUSDT keeps up its current pace, we could see some exciting gains. Buckle up and let’s ride this bullish wave together! Good luck, everyone! 🚀💪
Long
by minno91
ORDIUSD Forecast: Alts Season Prospects and Key Support LevelsORDIUSD is poised for substantial growth as a new project, reflecting the trend of rapid acceleration seen in new projects during bull runs. As a BRC-20 network payment coin, ORDI mirrors Bitcoin’s total supply, fostering scarcity and demand. The Ordinals protocol enhances the Bitcoin experience by allowing data addition to Satoshis, creating Bitcoin-powered collectibles and NFTs. With a maximum circulating supply of 21 million tokens already reached, ORDI holds significant potential. Currently, ORDIUSD has strong support at $34.89. This level presents a high probability of a significant gain. If this support level breaks, the next robust support is at $17.9, from where a bounce is expected, especially as we approach the alt season. Historically, alt seasons have brought increased volume and volatility, expected to peak in Q4 2024. It's crucial to be prepared for substantial market movements and to consider exiting positions by Q1 or Q4 2025 as the bull run is likely to end around that time. ORDIUSD's calculated bull run targets suggest a minimum price of $330. If this resistance flips by Q1 2025, we could see a maximum target of $465. The upcoming alt season is expected to bring the same level of unexpected pumps and volatility. It's important to manage trades actively and keep an eye on resistance zones. Long positions should be exited by Q1 or Q4 2025. For more in-depth analysis and trading ideas, follow us on TradingView to stay updated with our latest insights. Share your thoughts in the comments and let us know if there are specific coins you'd like us to analyze. We're here to provide valuable insights to help you make informed trading decisions.
CRYPTO:ORDIUSDLong
by Houseofcryptokings
LEVERUSDT | Gearing Up for a Move?Market Context Could we see a bullish run for LEVERUSDT? With Bitcoin showing signs of recovery, the stars might be aligning for LEVERUSDT to make an upward move. Chart Analysis • Promising Weekly Candle: The weekly close on LEVERUSDT looks very bullish, suggesting potential upward movement. • Daily Timeframe: We’ve recently broken the structure and jumped from an interesting order block (OB) on the daily chart, signaling a possible move up. • 5M Timeframe: There’s an intriguing demand zone on the 5-minute chart where the price could dip before soaring higher. Strategy I’m setting my order at this demand zone, ready to catch the upward wave once it hits. This setup looks ripe for a breakout, and I don’t want to miss it! Action Plan With a promising weekly close and a strong support structure, I’m going long on LEVERUSDT. Placing my order in the demand zone on the 5M timeframe—let’s see if we ride this wave to new highs!
Long
by minno91
S&P buyers dominate market; sellers wait asideLast week began with a powerful rally. After the bulls failed to push higher the next day, sellers seized the initiative and tried to drive the market lower. However, they didn't accomplish much, and the week ended with a potential reversal pattern on the hourly chart. If this pattern confirms today, we could see another bull run very early. Even if it doesn’t confirm, there is still substantial support just below. On the longer timeframes (weekly and monthly), buyers still have full control, with no warning signs. While the price is slightly overbought on the daily chart, this is not a significant concern in strong uptrends. Sector rotation appears healthy – despite the market being pressured by weakness in XLK, other sectors (e.g., XLF, XLV) appreciated. Important economic data will be released on Thursday and Friday. As long as there are no negative surprises, the market is expected to remain strong. The market outlook is a definite "long". New buyers can try to establish position upon the confirmation of the hourly reversal patters and upon the pullback into consolidation zone (if it happens). Disclaimer I don't give trading or investing advice, just sharing my thoughts.
AMEX:SPYLong
by hermes_trisme
ETHBTC Set for 3X Gain: Strong Support Levels & Bull Run InsightETHBTC is showing strong support at the 0.0477 to 0.045 level, presenting a significant opportunity for traders. This level could provide an excellent entry point, with the potential for substantial gains. If ETHBTC breaks below 0.046, the next confirmed support level is 0.0355, where there is an 80% chance of a bounce, especially with the upcoming bull run projected to extend until November or December 2025. ETHBTC is a crucial indicator for identifying alt season. If ETHBTC flip the 0.06 level, we could see a robust rally in altcoins. Historically, the targets for ETHBTC during a bull run have been a minimum of 0.09 and a maximum of 0.126 by late 2025. For more insightful analysis, follow us on TradingView to stay updated with our latest trading ideas.
Long
by Houseofcryptokings