BAT/USDT Analysis: Ready for a Breakout?👀👉 Currently, BAT/USDT is trading within a range on the 30-minute chart. We're at a pivotal moment where a breakout could occur in either direction—bullish or bearish. While the higher timeframes indicate a bullish trend, predicting cryptocurrency movements can be quite challenging. We must remain cautious, as sideways price action often leads to unexpected rallies or declines. A strategic approach is to wait for a decisive break above or below the current range. This will help us identify the direction to engage in the market effectively. Remember, this video is intended for educational purposes only and should not be considered financial advice.
Community ideas
Short top MIB DAXI will proceed with a targeted shorting operation on the tops of the closures related to the t-3 inverse cycles, in line with the expected market dynamics and the established trading strategies. This action aims to optimize exposure in risk management and maximize potential profit from price fluctuations, leveraging signals derived from cyclical analysis and indications of trend reversals.
BUY AUDCHF - explained using a top down approachTrader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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XAU USD - current sells in play, looking for buying ops
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Pink = Consolidative box example (Daily)
Orange = Daily
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Professional analyst with 8+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
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LVPA MMXXIV
GOLD should continue bullish as the Dollar takes a breakcaught a nice move yesterday and looking for the move to continue today. We are sitting in a high volume level on the VP and bears are starting to fall back from being active. waiting for the next 2hours of the Asian kill zone to show me what price wants to do.
Holiday Markets and All Markets Spot CheckLimited trading for the remainder of the week in the US with Thanksgiving
We've notched a few all-time highs in the US markets but without any major surges. Low volume and light activity have been pretty apparent as the post election rips have settled down somewhat.
US data still in line before FOMC on Dec 18. Current FED Watch Tool showing a 64% probability of the FED still cutting 25 bps before end of year. This will be an important message from the FED to the markets on how the FED plans to adjust monetary policy in 2025 (pause, hold, cut, hike).
DXY and USD related crosses showing signs of nice movement (weaker dollar). Let's see if that is a stronger reversal pattern with follow through as many USD pairs are at strong support/resistance levels to show some reactions.
I'm not aggressively positioning on anything currently. If the melt-up continues, it's pretty easy and steady gains. If we have any flinch or pullback before end of year, I'll have my hedges in profit to help offset drawdowns. The best path for me is management both ways and inexpensive protection to the downside.
Thanks for watching!!!
Mid-week check-in - 11/27/2024NASDAQ:NNE is reporting earnings today and I have a large long position. It could go either way. Also have NASDAQ:LX and NASDAQ:API working out beautifully, but concerned about the market being extended short term, so I did some risk management tactics on some of the weaker movers in my portfolio. It always happens that when I have 1) a generally extended market short term, 2) large unrealized profits and 3) being highly invested, in this case over 100%, that the market corrects sharply and I lose a ton of money. I want to avoid that now, just learning from my mistakes. If we pull back (and I think there is a high probability of that happening in the next few days), I will still lose a lot, but at least my risk is more managed than if I just blindly let my stocks run "because they didn't trigger my sell signal yet" -> that's what I would have said 6 months ago.
On my large account yesterday I put half of my entire account in a treasury ETF ( LSE:AGGG ) to hedge because it seems like the macro environment shifted and bonds are back in play. I'm guessing this because of the news + all my commodities/energy names selling off. So far it's working well, will see if the market continues to agree with my idea going forward.
Alibaba - It Is So Predictable!Alibaba ( NYSE:BABA ) just rejected a major resistance:
Click chart above to see the detailed analysis👆🏻
A couple of days ago Alibaba stock perfectly retested a major previous resistance level after rallying +45% just within a couple of weeks. We can first see more bearish movement and maybe even a retest of the trendline breakout level before Alibaba will continue its overall uptrend.
Levels to watch: $80, $110
Keep your long term vision,
Philip (BasicTrading)
C3.AI is going higher and presenting a buying opportunity!NYSE:AI is going higher and presenting a buying opportunity!
100% Potential Upside! 📈
In this video, we dive into NYSE:AI , a powerhouse in the AI sector, currently breaking out of a Falling Wedge Pattern!
💡 Key Highlights:
-H5 Indicator: Flashing green for a bullish signal
-Flipping a 4 year resistance area to support
-Volume Insights: Massive GAP to fill
-Technical Analysis: Consolidation box formed on WR%
Targets:
🎯$35
🎯$39
🎯$49
📏$58
Don't miss out on the potential explosive growth of AI! Tune in to see why this stock could be a game-changer!
NFA
$BAT confirmation or failure of trend reversal signal?I had to jump back in ladies and gentlemen it's just taking too long to make any downward progress. When you look at the minuted and a gentle climb into the resistance without any volatility, just little candles stacked on top of candles diagonally means that this was probably a false reversal and it's going for new highs first.
Review and plan for 28th November 2024 Nifty future and banknifty future analysis and intraday plan.
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please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT