$TON Price Pumping and Road to $10 & Take Profit 2 DoneBINANCE:TONUSDT Price Pumping and Road to $10 & Take Profit 2 Done, see on chart.
Currently trading at $6.94, Toncoin is eyeing a crucial breakout above the $7 resistance level -a threshold that could propel it into double- digit territory. Key metrics support this bullish outlook: 72% of Toncoin addresses are in profit, and whale activity has surged 110% in just 24 hours. Analysts are optimistic, highlighting Toncoin's positive 90-day returns and rising Open Interest as precursors to significant price movements.
Toncoin is A Stable Forcewith Growing Market
Confidence. Toncoin (TON) has solidified its position as a key player in the blockchain landscape, boasting a 7% price increase in the past 7 days, bringing it to $6.74.
This growth backed by a massive surge in large transactions, a clear indicator of heightened market activity and strong investor confidence. Toncoin's consistent performance underscores its appeal in an increasingly competitive market.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
Technical Analysis
TradeCityPro | FETUSDT Progress Toward a New All-Time High👋 Welcome to the TradeCityPro channel!
Let's analyze one of the top AI-focused crypto projects, Fetch.AI (FET), and identify opportunities for both spot buying and futures trading.
🌍 Market Overview
Before diving into FETUSDT, it’s essential to check Bitcoin’s behavior. Bitcoin continues to range, a trend that might persist for a few more days.
However, with the dominance of altcoins on the rise, attention remains on them. Bitcoin’s eventual breach of $100K could temporarily restore its dominance.
🕒 Weekly Time Frame
FET is one of the most bullish altcoins, having risen without revisiting its 2023 lows, largely due to the AI hype.
After rebounding from the $0.056 support, it surged to $3.104, followed by a significant correction to $0.745. This zone was an ideal Potential Reversal Zone (PRZ) as it aligned with the trendline and Fibonacci levels.
FET has bounced off the 0.382 Fibonacci level, and breaking above $3.104 could lead to targets of $4.868, $7.849, and $13.828 (calculated using Fibonacci extension).
Last week’s candle closed above the $1.613 resistance, signaling bullish momentum. You could consider buying with a stop loss at $1.094. For those holding from lower levels, it might be wise to secure initial capital and some profits.
As long as FET remains above its trendline, the outlook remains bullish.
📊 Daily Time Frame
FET is entering a significant resistance box between $1.99 and $2.54—potentially the final stronghold for sellers.
After breaking this zone, the path becomes clearer for higher targets, but expect temporary resistance or price fluctuations within this range. A breakout above $2.637 could provide another buying opportunity.
🕒 4-Hour Time Frame
FET is currently breaking out of the $1.957 resistance, aiming for the $2.637 target.
📈 Long Position Trigger
place a stop-buy above the current candle and set a secure stop loss around $1.739 to avoid being stopped out during minor pullbacks. This ensures you stay positioned for the longer-term uptrend.
📉 Short Position Trigger
avoid trading against the trend in a bull market. Focus on resting and preparing for the next upward wave.
💡 BTC Pair Insight
Against Bitcoin, FET has also shown strength, avoiding drops below the 0.00001390 support.
After breaking 0.00002574, this pair could witness significant bullish moves, making it a good time to hold onto FET.
🛠️ Summary & Strategy
Spot Buyers: Watch for pullbacks within the resistance box and aim for targets using Fibonacci extensions.
Futures Traders: Prioritize long positions aligned with the bullish trend and avoid counter-trend shorts.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
SWING IDEA - RATNAMANI MET AND TUBRatnamani Metals & Tubes, a leading manufacturer of stainless steel and carbon steel welded pipes and tubes, is showing a potential swing trade setup with several bullish technical signals.
Reasons are listed below :
3800 Zone Break Out : The 3800 level has acted as a strong resistance zone. The price is now breaking through this level, signaling the possibility of a continued upward move.
Bullish Engulfing Candle on Daily Timeframe : A bullish engulfing candle indicates strong buying interest, suggesting momentum may continue.
Trading Above 50 and 200 EMA : The stock is trading above both the 50 and 200 exponential moving averages, indicating overall bullish strength and long-term trend support.
Intact Trend : The broader trend remains intact, indicating that the current momentum is in line with the stock’s longer-term trajectory.
Gradual Increase in Volumes : A steady rise in volumes adds confirmation to the breakout, showing strong market participation in this move.
Target - 4270 // 4800
Stoploss - daily close below 3400
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - BAJAJ FINSERV Bajaj Finserv , a prominent player in financial services, presents a compelling swing trade setup.
Reasons are listed below :
Symmetrical Triangle Breakout and Retest : The price has recently broken out of a symmetrical triangle pattern and successfully retested, signaling a strong support level.
Consolidation Break : A significant 3+ year consolidation phase has been broken, indicating potential for a sustained upward move.
0.618 Fibonacci Support : The price is holding above this key Fibonacci level, suggesting strong buyer interest at current levels.
EMA Support on Weekly : Trading above the 50 and 200 EMAs on the weekly timeframe reinforces the bullish sentiment and strengthens support levels.
Target - 1900 // 2030 // 2200
Stoploss - weekly close below 1635
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
ALRS 5M Conservative CounterTrend DayTradeConservative CounterTrend Trade
- long impulse
+ 1/2 correction
- SOS level
+ support level
+ volumed 2Sp+
Calculated affordable stop limit
1 to 2 R/R take profit slightly above 1 H range
Transferrable to Swing after closes test and resumes buying on 1H
Transferrable to Investment trade after ends test and resumes buying on 1D
1H CounterTrend
"- short impulse
+ 1/2 correction
- unvolumed T1
+ support level
- volumed 2Sp-
+ test"
Daily CounterTrend
"- short impulse
+ volumed T1
+ support level
+ biggest volume Sp
+ weak test"
Monthly CounterTrend
"- short impulse
+ volumed TE / T1
+ support level
+ volumed Sp
+ test"
Yearly trend
"+ long impulse
+ 1/2 correction
+ T2 level
+ support level
+ manipulation"
SWING IDEA - JIO FINANCIAL SERVICESJio Financial Services , an emerging force in the financial sector, exhibits signs of a potential upward move, presenting a swing trading opportunity.
Reasons are listed below :
Strong Support Zone at 300 : This level has proven to be a strong support, enhancing the likelihood of a bounce.
Bullish Hammer on Weekly Timeframe : A bullish hammer candlestick pattern indicates potential reversal and buyer interest at lower levels.
0.5 Fibonacci Support : The price is aligned with the 0.5 Fibonacci retracement level, suggesting that it could act as a springboard for further upward movement.
50 EMA Support on Weekly Timeframe : Trading above the 50 EMA adds to the bullish outlook and provides an additional layer of support.
Target - 360 // 385
Stoploss - weekly close below 295
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - DEEPAK NITRITE LTDDeepak Nitrite , a leading chemical company known for its diverse product portfolio, is showing a promising setup for swing trading.
Reasons are listed below :
2500 Support Zone : The price is resting on a well-tested support level around 2500, adding to the reliability of a potential bounce.
Hammer Candle on Weekly Timeframe : The appearance of a hammer candle suggests a reversal could be on the horizon as buyers regain control.
Golden Fibonacci Support : The current price aligns with a key Fibonacci retracement level, providing additional support.
50 EMA Support on Weekly Timeframe : The price holding above the 50 EMA is a sign of continued strength and underlying support.
Trend Intact with Higher Highs and Higher Lows : The consistent formation of higher highs and higher lows reinforces a bullish trend.
Target - 3000 // 3170
Stoploss - weekly close below 2440
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - CAPLIN POINT LABORATORIESCaplin Point Laboratories , a leading pharmaceutical company known for its strong presence in regulated and emerging markets, presents a promising swing trade opportunity based on the following technical factors:
Reasons are listed below :
2100 Resistance Break : The stock has decisively broken the 2100 resistance level, signaling strength and potential for further upside.
Head and Shoulder Pattern Breakout : A classic bullish reversal pattern, indicating a continuation of the uptrend.
Bullish Marubozu Candle : A strong bullish candle on the daily timeframe showcases significant buying interest and momentum.
Trading Above Key Moving Averages : The price is comfortably above the 50 and 200 EMAs on the daily timeframe, reinforcing the bullish sentiment.
Target - 2390 // 2600
Stoploss - daily close below 2060
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
ICICI Lombard GIC Ltd. - Technical AnalysisPrice Action:
The stock recently took support near the 0.5 Fibonacci retracement level around ₹1,892, bouncing back with strong momentum. This aligns with a visible bullish RSI divergence as the price formed lower lows while the RSI made higher lows, signaling a potential reversal.
Key Levels (from Fibonacci):
Resistance 1: ₹1,987 (61.8% Fibonacci level)
Resistance 2: ₹2,127 (78.6% Fibonacci level)
Final Target: ₹2,299 (Fibonacci extension, previous high)
Support 1: ₹1,892 (0.5 Fibonacci level, current support)
Support 2: ₹1,796 (38.2% Fibonacci level)
Support 3: ₹1,677 (23.6% Fibonacci level)
Entry, Stop Loss, and Targets:
Entry: Around ₹1,940-₹1,950 (post breakout confirmation above ₹1,950).
Stop Loss: ₹1,875 (below the 0.5 Fibonacci level and near recent support).
Targets:
Target 1: ₹1,987 (61.8% Fibonacci level)
Target 2: ₹2,127 (78.6% Fibonacci level)
Target 3: ₹2,299 (previous swing high)
Volume and RSI Observations:
The volume profile shows increased participation near ₹1,900 levels, confirming accumulation.
RSI is recovering from oversold levels and shows divergence, supporting a potential bullish continuation.
Conclusion:
If the stock holds above ₹1,892, the bullish trend might continue toward ₹1,987 and higher targets. Maintain discipline with the stop-loss to manage risk effectively.
#NIFTY Intraday Support and Resistance Levels - 04/12/2024Gap up opening expected in nifty near the 24550 level. 24450-24550 zone will act as a consolidation zone for today's session. Nifty will give strong upside rally if it's starts trading and sustain above the 24550 level. This rally can goes upto 24750+ level in today's session. Any major downside expected below the 24450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(04/12/2024)Today will be gap up opening expected in banknifty. Expected opening near 53000 level. After opening if banknifty starts trading and sustain above 53050 level then possible strong upside rally of 400-500+ points in index. Downside 52550 level will act as a strong support for today's session. Any major downside only expected below the 52450 level.
XAUUSDGold prices have recovered slightly, trading at $2,639.97 an ounce, marking a modest gain of 0.20% over the past 24 hours. The recovery comes after a recent decline, driven by a stronger US dollar and rising US Treasury yields.
The current rise reflects cautious optimism among investors as the market awaits key economic data from the United States. The upcoming labor market report is expected to provide insights into the Federal Reserve’s future monetary policy, especially its stance on interest rates.
Despite the temporary relief, gold remains sensitive to moves in the dollar and bond yields. Market focus on key economic indicators could shape the trajectory of gold in the coming sessions, keeping traders on their toes.
GBP/USD --> Counter-Trend Correction Before Further DeclineFX:GBPUSD during the correction process, the price has reached the area of interest and resistance from which further bearish momentum can be expected, in the context of the dollar returning to its upward trend.
Overall, the market continues to struggle around the 1.267 area, which is considered a strong support zone. However, buyers appear to have limited opportunities to push the price higher as the dollar strengthens, fueled by Trump’s policies that exert significant pressure on the forex market.
From a technical perspective, GBP/USD is attempting to break out of the main range, testing the key support level. However, with the price currently testing strong support, we might see a corrective move toward the 1.275–1.285 area (0.618 Fibonacci retracement) before resuming the downtrend. It is also worth emphasizing the 1.256–1.248 range. A break and consolidation below this zone would confirm the bears’ intentions.
Angel One (ANGELONE) Set to Soar: Key Technicals Align for Major🚀 Angel One (ANGELONE) Set to Soar: Key Technicals Align for Major Upside! 📈
Why You Should Care: Angel One Ltd is on a bullish trajectory, and everything from price action to technical indicators is screaming buy! If you’re looking for a stock with explosive potential in the short term, this is one you don’t want to miss. The chart is telling a story of momentum, and the technicals back it up.
🔥 Key Technicals:
Bullish Marubozu on both weekly and monthly charts—strong momentum!
RSI has just broken key resistance, signaling unstoppable strength.
Volume breakout confirms sustainability of the price rise.
Donchian Bands and Bollinger Bands are signaling a breakout is just around the corner.
Stochastic reading of 98 and CCI at 136—bullish indicators all the way!
🚀 Why It’s a Game-Changer: This stock is screaming for attention—bullish candles, RSI breakouts, and a strong volume surge make Angel One a solid pick for a swing trade or BTST play. With the momentum backing it up, there’s significant upside potential in the short term!
💥 Take Action NOW: Don't miss out on this opportunity! Keep a close eye on ANGELONE—if the momentum continues, you could see some solid returns.
👉 Add ANGELONE to your watchlist and stay ahead of the trend!
🔔 Set your alerts and make sure you're ready to act when the breakout happens!
Possible levels to watch: 3340 - 3590 - 3850 - 4105
ELECON Ltd: Bullish Breakout in Motion – Ready for Your Next TrELECON Ltd is powering through with a strong bullish phase, backed by a bullish Marubozu candle and rising volume, signaling a solid uptrend. With technicals lining up for continued growth, this stock is turning heads!
📊 Donchian Bands: New highs, indicating potential breakouts ahead!
🔥 Bollinger Bands: Positive breakout confirms sustained upward momentum.
📈 RSI: At 59, there's room for more growth without hitting overbought territory.
🚀 Stochastic: A scorching 97 shows strong bullish momentum.
Looking for your next BTST or swing trade? ELECON is offering compelling potential with strong bullish momentum and excellent technical backing.
Don't miss out – keep an eye on ELECON for your next big move!
EPL Ltd Breakout Alert: 52-Week High + Bullish Momentum! Ready f📈 EPL Ltd (EPL) is showing explosive bullish momentum and has recently achieved a 52-week breakout, positioning it for potential short-term gains. Here’s why EPL should be on your radar:
🔑 Key Technical Highlights:
Bullish Marubozu Candle: Strong buyer dominance, signaling a solid uptrend.
RSI Breakout (63): Momentum is building; watch for continued upward pressure.
Volume Breakout: Price surge supported by heavy volume—confirming buyer interest.
Donchian Bands: New highs suggest further breakout potential ahead.
Bollinger Bands: Positive breakout confirms the strength of the current trend.
Stochastic (94) & CCI (195): Strong overbought levels indicate market strength.
MACD Bullish Crossover: A confirmed bullish signal, pointing to sustained upward movement.
200 EMA: Price above the EMA, and both price and moving averages are trending up, showing a strong uptrend.
Bullish Candlestick Patterns:
🔥 Long White Candles across the Daily, Weekly, and Monthly timeframes indicate consistent bullish pressure and potential for further upward movement.
Why This Could Be a Great Trade:
Possible Swing Trade: Targeting short-term profits with strong bullish indicators.
Possible BTST (Buy Today, Sell Tomorrow): Perfect setup for quick gains.
📢 Don’t miss out on this breakout opportunity – EPL is trending upward, and the momentum is strong! 💥
🚀 Are you ready to take action?
💬 Share your thoughts, predictions, or trade setups in the comments below!
🔔 Follow for daily stock analysis and stay ahead of the market.
Possible levels to watch out : 324-360-396-432
TradeCityPro | AUDCHF : Approaching Historic Lows👋 Welcome to TradeCityPro!
In this analysis, I’ll review the AUDCHF pair, currently positioned near its all-time low support, making the possibility of volatile movements high.
📅 Daily Timeframe: End of the Triangle
In the daily timeframe, after a false breakout of the 0.56223 support and subsequent recovery from the 0.55233 level, the price has formed a symmetrical triangle. At the moment, the price is moving in the second half of the triangle.
📈 I usually avoid holding positions near the end of a triangle. For a long position, I prefer to wait for a breakout above the 0.5869 resistance and stabilization above this level.
🔑 If 62.76 on the RSI is broken, bullish momentum is likely to enter the market, increasing the probability of a breakout above 0.5869.
🔽 For a short position, if the triangle breaks to the downside, the first trigger will be at 0.56741, though this is considered risky. The main short trigger would be a break below 0.56223.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | EURCAD Analysis Reaching the Daily Box Target👋 Welcome to the TradeCityPro channel!
Let’s dive into the forex market and analyze this popular pair, outlining key triggers for trading this week.
🌍 Fundamental Overview
EURCAD reflects the economic interplay between the Eurozone and Canada, influenced by:
🇪🇺 Eurozone Fundamentals (EUR):
ECB Policies: The European Central Bank's monetary stance (hawkish or dovish) significantly impacts the Euro’s strength.
🇨🇦 Canadian Dollar Fundamentals (CAD):
Oil Prices: CAD is sensitive to oil fluctuations due to Canada’s major oil exports. Rising oil prices typically strengthen the CAD.
Geopolitical tensions, trade balances, and global risk sentiment often sway EURCAD. The Euro acts as a reserve currency, while the CAD is risk-sensitive.
🕒 4-Hour Time Frame
1.4888 is the critical resistance, marking the top of the daily box (1.4888–1.5171). After breaking this level, the pair hit its target at 1.4556, a significant support level. The rejection at this resistance highlights its importance.
The 1.4731 level, broken yesterday but reclaimed today, offers a potential trigger for entries.
📉 Short Position Trigger
clear short trigger exists below 1.4731. Breaking this support could lead to further downside, targeting 1.4556.
📈 Long Position Trigger
While momentum-driven long entries are possible if the RSI enters overbought, a more reliable entry comes from consolidating within the current range or forming higher highs and lows.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️