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Supply_and_demand

SOL Analysis: Navigating the $100 Milestone! 🚀💯Introduction: 🌐 Solana (SOL) has made an impressive journey, surging beyond the crucial $78 resistance and reaching the psychological milestone of $100. While breaching $100 remains a challenge due to profit-taking expectations, the analyst anticipates potential pullbacks from this level. Key Levels: ❗️ The immediate focus is on solidifying above $80, ensuring a sustained upward bias. Maintaining this level is crucial for preserving the bullish outlook. Despite the struggle to breach $100, pullbacks are expected, given the profit-taking sentiment among many traders. Short-Term Outlook: ⚠️ The primary goal is to establish SOL comfortably above $80, and ideally, surpassing $100. This strategy aims to secure an ascending priority, setting the stage for continued growth once profit-taking subsides. Medium-Term Targets: 🎯 With a successful breach of $100, the analyst eyes medium-term targets at $120 and $140. These milestones appear achievable in the coming months, given the current positive trend. Conclusion: 🚀 Solana enthusiasts are advised to closely monitor SOL's price action. The immediate focus is on consolidation above $80, with an optimistic outlook for breaching $100. As profit-taking stabilizes, the trajectory points towards $120 and $140 in the medium term. Stay tuned for further developments! 💹🌟
by RICHI_CRYPTO_SIGNAL
XRPUSDT: Ripple Effecting a Bullish Surge! 🚀💹Introduction: 🌐 Get ready for a ripple effect in the crypto markets with XRPUSDT! Traders are diving into a long position from $0.624, as the price transitions from a prolonged upward movement to a consolidation phase, marked by a bullish structural break. Let's explore the details of this potential surge. Trade Details: 💰 The long position (#XRPUSDT) sets sail from $0.624, anchored with a stop-loss at $0.6. The rationale behind this move is the price's shift into a consolidation phase after a sustained upward movement, with an observable bullish structural break (BOS). Technical Analysis: 📊 Zooming into the 1-hour timeframe, XRPUSDT has entered a consolidation phase, within which a bullish structural break (BOS) is apparent. The trader anticipates a continuation of the upward movement from current levels, aiming for a breakthrough and consolidation above the descending slope. Expectations and Strategy: 🎯 The trader expects a 7.5% potential market movement, excluding leverage, as the price aims for a breakthrough and secure consolidation above the descending slope. Trade Target: 🚀 The primary goal is to ride the ripple effect, capitalizing on the potential bullish surge and achieving a net market movement of 7.5%. Conclusion: 🌊 XRPUSDT invites traders to ride the wave of potential profits. Prepare for a bullish surge, watch for the breakthrough and consolidation, and get ready to experience the ripple effect in the crypto markets! 🚀💹
Long
by RICHI_CRYPTO_SIGNAL
YGGUSDT: Blooming from Support, Riding the Bullish Wave! 🚀🌺Introduction: 🌐 Get ready for a vibrant ride in the crypto garden with YGGUSDT! Traders are diving into a long position from $0.386, as the asset bounces off a support zone. Let's explore the blossoming details of this bullish trade. Trade Details: 💰 The long position (#YGGUSDT) blooms from $0.386, with a stop-loss set at $0.344. The rationale behind this move lies in the asset's rebound from a support zone, with expectations of a buyer's reaction. Technical Analysis: 📊 On the 1-hour timeframe, YGGUSDT has gracefully bounced from a support zone, creating a scenario where the trader eagerly awaits a buyer's reaction. With increasing volumes in the order book, the anticipation is high for a breakout and subsequent movement towards a test or crossover, leading to a journey into the liquidity zone. Expectations and Strategy: 🎯 The plan unfolds with entering the position at the current price or at $0.386. With the potential for one averaging down at the trader's discretion, it's a bullish cross into promising territory. Trade Target: 🚀 The trader anticipates a breakout and subsequent movement towards testing or crossing over, riding the bullish wave with the aim of reaching liquidity zones. Conclusion: 🌺 YGGUSDT offers a blossoming opportunity to ride the bullish wave. Traders, gear up for a colorful journey into potential profits as you navigate the vibrant crypto garden! 🚀🌈
by RICHI_CRYPTO_SIGNAL
SHORT TERM OPPORTUNITY IN CAPITAL TRUST_35% UPSIDEOn a day where almost every stock seemed to tumble, CAPTRUST managed to pull off a bullish stunt. The stock closed with a +15% gain along side 15 times surge in daily volume. The weekly chart of the stock shows us that the stock managed to pierce above an18 months old active supply zone. Since Jul 2022 the stock has been attempting to move beyond the INR 110 mark but failing to do so. For the past 4 months the stock had been trading in a tight range of INR 90-110 waiting for the right time to clear above 110 mark, which it did on Wednesday's session.(AND HOW!!) What should now be expected from the stock is that it will now head towards the INR150-160 zone to test the new supply as the old supply zone has been successfully conquered. CMP 113.15 SL 98 TARGET 155 RR 1:3
NSE:CAPTRUSTLong
by neeraj_2_sharma
GBPJPY) 4H) tame frame ) analysis)Speculation about when the Bank of Japan will end its negative interest rate policy (NIRP) has been rife, but seen as more likely to come in January than December. Price action in JPY-related FX option markets isn't offering many clues, with increased demand and high volatility risk premiums for both meetings, and also for a speech by BoJ Governor Kazuo Ueda on Dec. 25. Deutsche shares sentiment with other banks who expect the Bank of Japan to maintain its current monetary policy framework in December, while hinting at an end to the NIRP at its Jan. 23 meeting. Deutsche attribute a 60% probability to hints being made. In terms of fundamentals, Deutsche believe that ending NIRP in January is appropriate because the forecast in the outlook report will change since the data already imply a virtuous circle in wages and prices. In terms of practicalities, it is because financial institutions would have sufficient time to prepare for it. Deutsche suspect that the BoJ will hint at the upcoming policy revision by including some key points in its statement; that it will assess and confirm the virtual circle between wages and prices by the January meeting, with the results to be published at the same time as the outlook report; and that, as a result of this assessment, the policy revision will be judged appropriate and it will continue to emphasize an accommodative policy stance and stable JGB markets even after the revision. Overnight expiry FXO implied volatility
Short
by SMC-Trading-Point
2
GOLDEN STAR| hard Resistance zone -With increasing buying pressure, the price of gold was able to pass the resistance area (2038) upwards. -Currently, the price has hit the next resistance level, which has also reacted to this area. -My idea for the continuation of the trend is that this resistance zone will prevent the further growth of the gold price and this accumulation of liquidity will cause the price of gold to fall. Share your opinion in the comments, and support the idea with a like. Thanks for your support!
OANDA:XAUUSDShort
by Golden_Star1994
Which way Euro?Hello traders, We are approaching the holiday season and volume tends to drop, sometimes it's better to expect a more "rangy" price action. I wouldn't be surprised if it takes out the last H4 swing high and returns back to the range. Given that, I'm mainly expecting four different scenarios: 1) Price reacts to the current chain supply and pushes down during the Asia session, probably providing short opportunities during the next London session. 2) Price continues the current trend and breaks above daily supply. This is the bullish case where I would be confident in looking for longs positions. 3) It goes higher than the last H4 swing high but fails to close above it. This is the second bearish scenario, where I would confident in taking short positions following the M15 structure. 4) The last case scenario is one where price take the last swing high, fails to close above it and comes back into the range slowly and it doesn't provide opportunities. This is the more "rangy" type of price action, which is definitely something to take into consideration. Tomorrow there is "Consumer Confidence" data but I'm not expecting huge volatility from it but it will definitely help during this period. Take care and good luck traders :)
by CirculoForex
Golden Star| Gold daily ICT AnalysisGold with selling pressure that happened on Friday. -It has reached its support level which is the price (2012-2017). -By retesting the resistance level (2032-2038) and collecting the available liquidity at this level, the price can start its downward movement from this area to the level of 2013. -If there is more buying pressure, it may grow to collect its next level of liquidity at the (2045-2050) level and return from this area to start its downward move towards the 2013 level.
OANDA:XAUUSDShort
by Golden_Star1994
TRADE_SETUP_20% UPSIDE IN SKFINDIAThe stock was seen bouncing off an active support/resistance zone of INR4350-4450. This very zone has been an active zone for the stock since Aug.2022, with several attempts made by both buyers and sellers to breach it. The sellers in fact were able to breach this zone in March 2023 but looks like the buyers would not give up even then. After a tough battle of 1.5months the buyers not only brought the price back above the S/R zone but managed to ignite a 35% rally to the upside. The stock after finding a new supply zone at INR5250-5350 was back to the previously active zone of INR 4350-4450 and was seen reversing quite sharply from the past 3 trading sessions. Now one should keep an eye at 4700 as once the stock is able to close above this mark the rally could get even stronger and the buyers could target the IBR 5800-6000 zone this time around. CMP - 4675 SL - 4500 Target1 - 5350 Target 2 - 5800(RR 1:5)
NSE:SKFINDIALong
by neeraj_2_sharma
H4 potential breakHello traders, Following daily structure, there's a good chance that the H4 goal was completed and price is now ready to continue lower. - After the huge FOMC reaction it's easy to get caught up into looking for a continuation opportunity but if we zoom out, it's possible to see a clear bearish scenario forming. - Price is respecting daily and H4 supply zones. - Daily structure remained bearish, despite the strong move on the H4. - If price is going to continue to move higher the M15 will be the first to let us know. - There's also the potential that price will stay in a range considering that it's getting closer to the end of the year. (This is not financial advise, just my own views.) Cheers
Short
by CirculoForex
XAUUSD SELL& BUYHi Friends Another analysis on gold. So pretty much as always I have multiple areas for sell and buy. Starting with 1970 level which is a demand to be tested and below it 1965 . But our immediate demand level is around 1977 which can be tested. Currently price is at 1983 which there seems to be a bearish divergence on the footprint chart leading to a fall. In case market goes up 1987 area around it would be short term supply and above that I also have other supply levels. *Because there are multiple news todays related to gold, we must proceed with caution and enter only if we are sure. specifically interest rate news will be impacting market severely . As always add your own logic and intuition into this analysis. Be honorable
OANDA:XAUUSD
by AliHassanzadeh
XAUUSD BUY & SELLHi Guys, In today analysis we have multiple levels of demand and supply. Some new and some already tested. Couple hours ago market touched 2036 supply level and it was followed by huge move down, currently being at 2022. So price could test same 2036 level for second time should go up and if move up continues above 2040, 2048 would be a level which I look to short. Below We have 2016-2012 demand level which can hold the move down and give us some good profits, and if that is broken also other levels exist below. Later today we have a major news for USD which impacts gold to great extent make sure you watch for it. Be honorable
OANDA:XAUUSD
by AliHassanzadeh
XAUUSD OAK Gold's New All-Time-High and Intraday ForecastGold's price rose back to it's all time high value last Friday December 1st, then broke the ceiling on December 4th, at the Asia markets and week's opening. In a flashing escalade that lasted less than one hour, rocketing 77 dollars up from 2070, the price claimed a new ATH price at 2147 US dollars per pound . The correction followed since. We are looking now at the continuation of this berish move, and here I offer some morning doodles for today. Gold is going to continue up in the larger trend, and not just for this years closing. It's just a matter now of finding our how deep a retracement could reach. It might be still soon for doing that accurately.
FX_IDC:XAUUSD
by eyeofkronos