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Sell Prestige Estate futures, minimum target 1608Prestige Estates completed wave iii of the new impulse wave on 9-June and ever since has been undergoing correction in the form of a Flat which is a 3-3-5 structure, generally labelled as Wave (A), Wave (B) and wave (C), each sub-waves named as smaller abc.
In the flat structure,
The stock formed three independent waves/swings for Wave (A), i.e. 0-a, a-b, b-c.
Wave (B), which is a counter wave formed as one single swing. Sub-wave c got completed at 1.618 fibo extension of wave ab.
Stock has to form Wave C which is a 5-wave structure, which may have one of the waves as an
extension. This provides a "sell" opportunity.
Sell Prestige Estates with a minimum target of 1608. Maintain a Stop loss of 1850 or 1.33 times of wave A. One may consider entering at sub-wave (2) as well.
I will update actual target as the wave progresses; however minimum target shall not change.
NIFTY- Intraday Levels - 16th July 2025If NIFTY sustain above 25216 to 25225 above this bullish then 25226 to 25282/98 then around 25351 to 25360 above this more bullish
If NIFTY sustain below 25161 or 25141 below this bearish then 25000 to 25084/ 68 below this more bearish then 25028 to 25004 then 24972 to 24962
Consider some buffer points in above levels.
Please comment if you wish to see my analysis for any script/stock.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
XAUUSD – Facing Strong Resistance, Pullback Risk IncreasesGold is approaching a major resistance zone that previously halted its upward momentum. Bullish momentum is fading, while the RSI shows signs of mild divergence. Market expectations around Federal Reserve policy, along with key data like CPI, unemployment rates, and geopolitical developments, are putting pressure on the precious metals market.
Without a strong catalyst from upcoming news, gold may enter a short-term pullback phase before establishing its next major trend.
BANK NIFTY view for 16-07-202557193-57213 will act as a crucial resistance followed by there is an upper TL and Broadening top formation.
If it breaks above TL highs will be the targets.
If it takes resistance as mentioned it will reach support level 56600. Once it breaks and closes below 56550 in lower TF we can expect huge downside.
Bitcoin Breaks Free – Is the Mega Rally Underway?Bitcoin has officially cleared the critical resistance at $115,000 on the weekly chart – a move that could mark the beginning of a long-term mega rally. While there's a mild pullback to $117,060, the broader bullish structure remains intact, with multiple FVG zones below now acting as support.
Ichimoku cloud expansion confirms the bullish trend, and the price action fits the typical "super cycle" trajectory: accumulation, breakout, correction, and acceleration. Volume near $80K–$100K suggests institutional players have been accumulating quietly.
On-chain indicators like dropping exchange balances and surging hash rate point to one conclusion: the real move might still be ahead.
EUR/USD in Tight Range – Calm Before the Data StormOANDA:EURUSD is currently trading in a tight range around 1.1670, consolidating after a sharp decline from 1.1850. On the 4H chart, price action shows repeated rejections from old Fair Value Gaps, hinting at indecision from both bulls and bears.
Yet, there's a clear setup building: unfilled FVGs overhead suggest unfinished downside potential, while growing volume under 1.1650 may signal a possible short squeeze – especially if US CPI data underperforms.
With CPI, PPI, retail sales, and multiple Fed speeches all lined up this week, the pair is poised for a breakout. Volatility is coming – it’s only a matter of direction.
Gold Trading Strategy for 16th July 2025📈 GOLD (XAU/USD) INTRADAY TRADE SETUP – JULY 16, 2025
🟢 BUY SETUP – BULLISH BREAKOUT
🔹 Entry:
Buy only if 1-Hour Candle closes above 3344
🔹 Confirmation:
Wait for a strong bullish 1H candle close (with volume if possible).
🎯 Targets:
Target 1: 3350 🥇
Target 2: 3363 🥈
Target 3: 3374 🥉
🛡️ Stop Loss:
Below 3330 or the candle low that breaks above 3344.
⚠️ Tip: Avoid buying near resistance without a proper breakout candle. Look for a retest for safer entry.
🔴 SELL SETUP – BEARISH BREAKDOWN
🔹 Entry:
Sell only if 15-Minute Candle closes below 3311
🔹 Confirmation:
Ensure strong bearish momentum and clean breakdown below 3311.
🎯 Targets:
Target 1: 3300 🚩
Target 2: 3290 🚩
Target 3: 3278 🚩
🛡️ Stop Loss:
Above 3320 or high of the breakdown candle.
⚠️ Tip: Best results come during high-volume periods like NY session.
📌 TRADE MANAGEMENT TIPS
⚖️ Use proper position sizing (1-2% of capital per trade).
⏰ Stick to key market hours for execution (London/US overlap).
📊 Use TradingView for precise candle close tracking.
🧘 Don’t chase the trade if entry level is missed. Wait for the next signal.
⚠️ DISCLAIMER
📉 Trading in commodities like Gold (XAU/USD) involves significant risk. The above setup is for educational and informational purposes only.
💼 Past performance is not indicative of future results. Always consult with a certified financial advisor before making any trading decisions.
❌ We are not liable for any loss or damage arising from reliance on this setup.
LUXIND Price Analysis## Current Price & Recent Performance
- The latest share price is around ₹1,468.
- Over the past year, the stock is down nearly 25%, showing underperformance.
- In the last five years, returns are positive but modest, with periods of pronounced volatility.
- The 52-week range spans from a low near ₹1,211 to a high close to ₹2,493, highlighting large swings in price.
- Short-term momentum remains soft, with one-month and three-month returns relatively flat.
## Valuation & Financial Metrics
- LUXIND is currently valued at a price-to-earnings ratio close to 27, which is above broader market averages but not extreme for its sector.
- The price-to-book ratio sits at about 2.5, marking a premium to historical levels for textile manufacturers.
- Debt is low, and the latest dividend yield is minimal, suggesting the company retains most profits for growth.
- Price-to-sales and enterprise value-to-EBITDA ratios point to average to modestly expensive relative valuation.
- Discounted cash flow analysis and fair value models indicate the stock is somewhat overvalued at current prices.
## Growth, Profitability & Fundamentals
- Revenue growth has averaged approximately 10% annually in recent years with some acceleration recently observed.
- Earnings trends have been inconsistent, with a decline over the past five years but a robust rebound in the latest reporting periods.
- Net profit margins remain steady, roughly 6%, and operating expense control is demonstrated by low interest and employee cost ratios.
- Return on equity is below 10%, which is modest and signals room for efficiency improvement.
## Market Sentiment & Analyst View
- Most short- and medium-term forecasts suggest neutral to mildly positive technical momentum, with occasional buy signals from technical models.
- Longer-term analyst price targets vary, but consensus expects limited upside in the near future given current valuation levels.
- Projected earnings per share and revenue growth remain solid, with the company expected to improve performance metrics over the next few years.
- Intrinsic value estimates based on fundamental analysis suggest the stock trades above its calculated fair value, raising some caution for new investors.
## Key Takeaways
- LUXIND stands out for disciplined cost management and stable margins, but faces pressure from subdued industry growth and relatively high valuation metrics.
- While the business remains fundamentally sound and growth is projected to continue, the stock may be fully priced at current levels.
- Short-term price action could stay range-bound unless there is a significant change in sector sentiment or a positive surprise in earnings.
- Investors may consider waiting for a more attractive entry point if focusing on value, while growth-oriented investors might monitor for signals of a sustained earnings recovery.
Let's see what will happened next A consolidation pattern formed near the bottom, indicating accumulation. Price action showed a breakout above the short-term resistance level, confirming bullish momentum. This breakout is followed by a green candle closing strongly above the resistance, which signals potential upward continuation.
A long position is considered at the breakout point.
Stop-loss is placed below the consolidation support area to limit downside risk.
Target is set based on a higher risk-reward ratio, aiming for a favorable profit relative to the risk taken.
The green shaded area represents the reward zone, while the red shaded area marks the risk. The setup aligns with a classic breakout strategy where price breaks through resistance after a period of consolidation.
Piramal Pharma LtdPPLPHARMA - The stock shows a bullish bias as it is breaking out of a falling wedge pattern,
with a strong bullish candle surpassing the upper trendline.
The RSI indicates bullish divergence, further supporting the potential reversal.
Buy above 222, with target prices at 246 and 270.
Stop Loss: Set below 198 (the recent swing low).
GOLD (XAU/USD) 4H Technical Analysis – Key Rejection at Resistan📉 GOLD (XAU/USD) 4H Technical Analysis – Key Rejection at Resistance! 🔍💰
Date: July 15, 2025
🔺 Resistance Zone:
📍 3,385 – 3,405
Price has tested this resistance multiple times (highlighted in pink) and was rejected again recently, as marked by the red arrow. This zone remains a strong supply area, limiting further upward momentum.
📉 Current Price:
💵 Around 3,325.34 – Market is pulling back after the latest resistance rejection.
🟦 Main Support Zone:
📍 3,270 – 3,285
This zone (blue shaded area) has held well as a demand region, with price bouncing several times from it, supported by the green arrows. A break below this could trigger further downside.
🟥 Key Horizontal Levels:
🔻 3,280.38 – Immediate support.
🚨 3,244.93 – Critical support level. Break below this would invalidate bullish bias and may attract strong selling pressure.
📊 Market Sentiment:
🧭 Range-bound between 3,280 – 3,400 for over a month.
💼 Traders may watch for:
🔼 Bullish breakout above 3,405 = continuation toward new highs.
🔽 Bearish break below 3,244 = downside expansion likely.
✅ Trading Plan Ideas:
🔍 Wait for confirmation:
Long setup 💚 near 3,280 support (bullish reaction).
Short setup 🔴 from 3,385 resistance (rejection or bearish engulfing).
⚠️ Caution: Stay aware of macroeconomic events or Fed speeches that could trigger gold volatility.
📌 Summary:
🎯 Gold is stuck in a well-defined range between major resistance and support zones. Currently showing signs of weakness after rejection from the top. Bulls need to defend support to avoid further decline.
ANANTRAJ Price Action
## Current Price & Performance
- Last close was ₹607.20.
- Over the past week, the stock is up more than 10%, showing strong short-term momentum.
- Over the past year, it has gained nearly 25%, but suffered a sharp 32% drawdown over six months.
- The 52-week price ranged from ₹376.15 to ₹947.90, reflecting high volatility.
## Valuation and Metrics
- ANANTRAJ trades at a high valuation, with price-to-earnings and price-to-book ratios above typical industry averages.
- Its market capitalization puts it among the stronger players in the real estate sector.
- Key valuation multiples such as PE and EV/EBITDA are elevated, indicating investors are paying a premium for expected growth.
- The stock’s PEG ratio suggests its growth is reasonably in line with its price.
## Analyst Sentiment and Targets
- Most analysts rate the stock as a strong buy, highlighting strong upside potential with target prices higher than the current market price.
- The consensus one-year price targets suggest potential returns ranging between 24% and 49% from current levels.
## Technical & Fundamental Observations
- Compared to sector peers, its PE is lower than certain high-flyers but remains above the overall industry average, making it expensive by historical standards.
- Return on equity has hovered around 8.5% recently, with efficient operating and employee costs supporting margins.
- A modest dividend has recently been declared.
- A slight increase in promoter holding indicates management confidence.
## Risk Factors
- Substantial volatility in recent months may raise concerns for risk-averse investors.
- Both intrinsic value models and relative measures suggest the shares may be overvalued by over 20% at current prices.
- While momentum and sentiment are positive, valuation risk remains a key factor for new investors.
## Conclusion
ANANTRAJ is benefiting from strong momentum and positive sentiment, with analysts forecasting further upside. However, current valuation levels are high, and investors should carefully weigh the potential for price appreciation against the risk of overvaluation and ongoing volatility. Consider both the fundamental strengths and the elevated price multiples before making an investment decision.
Sun Pharma: A Bullish OutlookHello Friends,
Welcome to RK_Chaarts,
Let's analyze the Sun Pharmaceuticals chart using technical analysis, specifically the Elliott Wave Theory. According to this theory, the September 2024 top marked the end of Wave III cycle degree in red, and the March 2025 bottom marked the end of Wave IV cycle degree in red Now, Wave V of cycle degree in red has begun, which will move upward.
Within Wave V, we should have five sub-divisions of Primary degree in black, with Wave ((1)) & Wave ((2)) already completed. Wave ((3)) has started, with five further sub-divisions of one lower degree intermediate degree, We've marked these in blue, with Wave (1) and Wave (2) completed, and Wave (3) started. Within Wave (3), we have minor degree waves in red, with Wave 1 and Wave 2 completed, and Wave 3 breaking out today with good intensity of volumes.
We can see that the wave counts are super bullish, and so is the RSI, which is above 60. The MACD is also positive, and the price is above the 50-day and 200-day EMAs on the daily and weekly time frames. There's no moving average hurdle, which is another super bullish sign.
We can also see a higher high and higher low formation, which is a bullish sign according to Dow Theory. Additionally, an inverted head and shoulders pattern is forming, with the right shoulder being made. When it breaks out above the neckline, it will give us a target, which aligns with the Elliott Wave Target projection.
All these indicators – technical analysis, price action, and Elliott Wave – point to a bullish trend. However, there's an invalidation level at 1550; if the price falls below this level, our wave counts will be invalidated.
We're projecting targets between 2000-2200 based on Elliott Wave theory projections. Please note that this analysis is for educational purposes only and should not be considered as investment advice.
This post is shared purely for educational purpose & it’s Not a trading advice.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Let's see what will happened next 📌 Chart Analysis Explanation:
1. Consolidation / Range Zone
Price is moving within a horizontal zone, indicating consolidation.
This zone acts as a key support and resistance area where market participants are undecided.
2. Breakout Expected
The marked zone is identified as a "Retest Zone".
A strong move is anticipated once the price breaks above or below this zone.
3. Entry Reason
The setup is based on a breakout and retest strategy.
After breaking the resistance, the price is expected to pull back (retest) the breakout zone.
If the retest holds and bullish price action is observed, it confirms strength, making it a valid long entry.
4. Target and Stop Loss
The green area represents the target zone (potential upside).
The red area indicates the stop-loss level (risk limit).
The setup offers a favorable risk-to-reward ratio, which is essential for high-probability trades.
BANKNIFTY : Trading levels and plan for 16-July-2025📊 BANK NIFTY INTRADAY TRADING PLAN – 16-Jul-2025
Based on 15-Min Chart Observation | 200+ Point Gap Considered Significant
📍 IMPORTANT LEVELS TO WATCH
🟥 Resistance Zone: 57,404 – 57,511
⚫️ Opening Resistance / Support: 57,164
🟧 Opening Support Zone: 56,932 – 56,974
🟩 Last Intraday Support: 56,711
🟩 Buyer’s Support Zone: 56,337 – 56,466
🚀 SCENARIO 1: GAP-UP OPENING (Above 57,164) 📈
If BANK NIFTY opens above 57,164 with a gap of 200+ points, expect a continuation toward the Resistance Zone 57,404 – 57,511 .
Aggressive buying should only be considered after a 15-min candle close above 57,164 to confirm strength.
If prices enter the Resistance Zone, avoid fresh longs and look for profit booking opportunities.
Options Tip: Focus on ATM or ITM Call Options . Avoid far OTM options on gap-up days to minimize theta loss.
📊 SCENARIO 2: FLAT OPENING (Between 56,932 – 57,164) 🔄
This range is marked as a mixed zone: Opening Resistance / Support Zone . Price behavior here will set the day’s tone.
If BANK NIFTY sustains above 57,164 , move towards the bullish setup targeting the upper Resistance Zone.
If BANK NIFTY breaks below 56,932 , expect a decline toward Last Intraday Support 56,711 .
Options Tip: Consider Straddle or Strangle setups for premium decay if prices stay sideways between 56,932 – 57,164. Exit quickly if volatility spikes.
📉 SCENARIO 3: GAP-DOWN OPENING (Below 56,711) ⚠️
A gap-down below 56,711 signals bearish momentum. Initial downside target would be the Buyer’s Support Zone: 56,337 – 56,466 .
Wait for the first 15-minute candle close below 56,711 before shorting to confirm strength.
If prices bounce from Buyer’s Support Zone , observe for reversal signals and manage trailing stop-loss.
Options Tip: Favor ATM or ITM Put Options . On gap-downs, avoid naked far OTM positions—use Bear Put Spreads for balanced risk-reward.
💡 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS
📏 Risk only 1–2% of your trading capital per trade.
⏳ Avoid impulsive entries in the first 15–30 minutes of market opening.
⚖️ Always mark your Stop-Loss based on candle close, not just price spikes.
📈 Choose ATM or ITM options —they offer better Delta and lesser time decay.
💼 Reduce position size when markets open with large gaps to avoid slippage risks.
📌 SUMMARY & CONCLUSION
Bullish Scenario: Above 57,164 → Target 57,404 – 57,511
Range-Bound Scenario: Between 56,932 – 57,164 → Watch closely for breakouts
Bearish Scenario: Below 56,711 → Target 56,337 – 56,466
Stay disciplined and patient. Let the market come to your planned levels instead of chasing moves.
⚠️ DISCLAIMER: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please do your own research or consult a certified financial advisor before making trading decisions.
NIFTY : Trading plan for 16-Jul-2025📊 NIFTY 50 INTRADAY TRADING PLAN – 16-Jul-2025
Strategy prepared with 15-Min chart observation. Gap openings 100+ points considered significant for intraday volatility.
📍 IMPORTANT LEVELS TO WATCH
🟥 Opening / Last Intraday Resistance: 25,340
🟧 Opening Resistance / Support Zone: 25,225
🟧 Opening Support: 25,132 – 25,150
🟩 Last Intraday Support: 25,053
🟩 Buyer’s Support Zone: 24,950 – 24,981
🟥 Profit Booking Zone: 25,408 – 25,430
🚀 SCENARIO 1: GAP-UP OPENING (Above 25,340) 📈
If NIFTY opens above 25,340 , it indicates a strong bullish sentiment. However, watch for immediate profit booking around the Profit Booking Zone 25,408 – 25,430 .
Do not rush into trades immediately. Wait for a 15-minute candle close above 25,340 to confirm continuation.
If it fails to hold 25,340, there can be a quick dip toward 25,225 again.
Options Tip: Prefer ATM or Slightly ITM CE for momentum continuation. Avoid far OTM options due to theta risk on gap-up days.
📊 SCENARIO 2: FLAT OPENING (Between 25,132 – 25,225) 🔄
A flat opening suggests an indecisive mood. Watch how prices behave around Opening Resistance 25,225 and Opening Support 25,132 – 25,150 .
If price sustains above 25,225 with good volume, expect a bullish move toward 25,340 .
If price breaks and sustains below 25,132 , expect weakness toward 25,053 or even 24,950 – 24,981 .
Options Tip: Use ATM Straddles/Strangles if market consolidates between 25,132 – 25,225 for premium decay setups.
📉 SCENARIO 3: GAP-DOWN OPENING (Below 25,053) ⚠️
A gap-down opening below 25,053 creates immediate bearish pressure. First downside support to monitor is 24,950 – 24,981 (Buyer’s Support Zone) .
If this zone holds, expect reversal buying with a stop-loss below 24,950 .
If 24,950 breaks, avoid fresh longs. Downtrend extension possible below this zone.
Options Tip: On gap-down days, prefer Bear Put Spreads or ATM Put Options for controlled risk instead of buying far OTM PEs.
💡 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS
Risk only 1–2% of your capital per trade.
Avoid chasing prices in the first 15 minutes after the opening bell.
Prefer ATM/ITM options for directional trades.
Always mark Stop Loss and Stick to it strictly.
Control position sizing—don’t over-leverage on gap opening days.
📌 SUMMARY & CONCLUSION
Bullish Scenario: Above 25,340 → Target 25,408–25,430.
Range-Bound Scenario: Between 25,132 – 25,225 → Watch consolidation before acting.
Bearish Scenario: Below 25,053 → Target 24,950–24,981.
Always stay disciplined with entries and exits. Risk control should be your primary focus as an options trader.
⚠️ DISCLAIMER: I am not a SEBI-registered analyst. This trading plan is shared purely for educational purposes. Please do your own analysis or consult a certified financial advisor before acting on this information.
#Artefact – 17Y Pattern in Play | Big Base Forming?🔎 #OnRadar
📌 #Artefact (Artefact Projects Ltd.)
CMP: 74.06
📈 Technical Outlook (Yearly Chart):
Stock has been consolidating within a large #MotherBar formed in 2008, with a range of 255.25 – 21.05.
Currently displaying a classic #RoundingBottom formation on the yearly timeframe — a long-term bullish pattern indicating accumulation.
🎯 Potential Upside Levels (Post Breakout):
Rounding Bottom Target: 255 (approx.)
MotherBar Breakout Targets (on closing basis above ₹255.25): 370 / 480+
📌 Note:
This is a technical observation and not a recommendation. Please consult your financial advisor before making any investment decisions.
#LongTerm | #TechnicalPatterns | #MotherBar | #RoundingBottom | #ChartAnalysis
THEUSDC- Breakout SetupBINANCE:THEUSDC
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
renderwithme | Arbitrum Technical Analysis For next six months~~ Technical Analysis ~~
Current Price Action: ARB is trading within a descending channel or falling wedge pattern, with recent price action showing a bounce off the lower boundary around A key resistance level is near $0.70–$0.80, with the 200-day moving average acting as a dynamic resistance around $0.51.
August 2025 Forecast:Bullish Scenario: If ARB breaks above the $0.38–$0.50 resistance zone, it could target $0.66–$0.80, supported by a potential double-bottom formation and rising RSI momentum (currently neutral at 52–54). A breakout above $0.50 could confirm a trend reversal, with Fibonacci retracement levels suggesting targets at $0.49, $0.56, and $0.66.
Volume: Trading volume has been declining (e.g., $202M–$336M daily), but a surge in volume could accompany a breakout.
Fundamental AnalysisEcosystem Strength: Arbitrum remains the leading Ethereum Layer-2 solution, with a Total Value Locked (TVL) of $2.1B–$13.97B, capturing 34.1% of the L2 market share. It hosts major DeFi platforms like Uniswap and Aave, with 1.35M active wallets and $6.8B in stable coin supply.
Recent Developments: Partnerships with Robinhood and Gemini for on-chain U.S. equity transactions, alongside innovations like custom gas tokens and interest rate derivatives (Rho), enhance Arbitrum’s utility. However, setbacks like Nvidia’s rejection of Arbitrum’s AI ambitions and a proposed wind-down of the Gaming Catalyst Program could dampen sentiment.
Tokenomics: ARB has a circulating supply of ~4.96B out of a total 10B tokens, with a fully diluted valuation of ~$4B. Upcoming token unlocks in July 2025 could increase selling pressure, but long-term holder accumulation (6% wallet growth in three months) suggests confidence.
Market Sentiment: The Fear & Greed Index is at 73 (Greed), but ARB’s sentiment is mixed, with 17 bullish vs. 10 bearish technical signals.
breaking the $0.50 resistance and sustained market momentum.
Key Drivers:Bullish: Increased DeFi adoption, successful protocol upgrades, and a broader crypto market rally (correlated with Ethereum, 0.34; top 100 coins, 0.37).
Bearish: Token unlocks, macroeconomic uncertainty, or failure to break resistance could lead to a dip.
Probability: A breakout above $0.50 is possible if volume and ecosystem adoption increase, but a consolidation between $0.30–$0.60 is more likely given current volatility and mixed sentiment.
Critical ConsiderationsVolatility: ARB has shown 9.65% price volatility over the past 30 days, and its 83% drop from the all-time high ($2.40 in January 2024) indicates high risk.
Market Risks: Regulatory changes, Ethereum’s performance, and competition from other L2s (e.g., Optimism, Polygon) could impact ARB’s trajectory.
Investment Caution: While Arbitrum’s fundamentals are strong, short-term price action is uncertain. Long-term holders may find value near $0.50 – $0.80, but short-term traders should monitor the $0.50 resistance. Always conduct your own research (DYOR) and consider market risks.
Conclusion, Arbitrum’s price is likely to range between $0.30 and $0.70, with $0.35–$0.50 as a realistic average. A breakout above $0.80 could signal a bullish trend toward $1 –$2.80, driven by ecosystem growth and market momentum. However, token unlocks and resistance levels pose risks. Monitor volume, RSI, and key resistances ($0.38, $0.50) for short-term trades, and consider Arbitrum’s strong L2 fundamentals for long-term potential. For real-time updates, check platforms like CoinMarketCap or Arbiscan.
~~ Disclaimer ~~
This analysis is based on recent technical data and market sentiment from web sources. It is for informational \ educational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
# Boost and comment will be highly appreciated.
Banknifty buy newr 56700 if break 56500 then fall possible 55300How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone
Nifty yesterday 90 points today 110 points profit booked How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade
Target : T1, T2, T3, T4 and .
Are our Target zone